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News

Are we one Step Closer to Fusion Energy?

Are we one Step Closer to Fusion Energy?

Mar 22, 2012 at 18:11 | Brian Westenhaus

Nuclear fusion might be achieved in a preheated cylindrical container immersed in strong magnetic fields.  A series of computer simulations performed at Sandia National Laboratories show the release of output…

New Discoveries for Carbon Capture and Storage

New Discoveries for Carbon Capture and Storage

Mar 21, 2012 at 17:35 | James Burgess

Climate change is generally attributed to carbon emissions, and efforts to reduce carbon emissions tend to focus on clean energy sources such as wind or solar power. However despite the…

Obama Calls for an End to $4 Billion Oil Industry Subsidies

Obama Calls for an End to $4 Billion Oil Industry Subsidies

Mar 21, 2012 at 17:33 | Charles Kennedy

Obama has proposed that Congress should kill tax breaks for the oil and gas industry … again. He failed to end the subsidies when the Democrats controlled congress, so it…

Rising Petrostate Kazakhstan Mulls Nuclear Power

Rising Petrostate Kazakhstan Mulls Nuclear Power

Mar 20, 2012 at 17:49 | John Daly

According to Kazakh Industry and New Technologies Minister Aset Isekeshev, Kazakhstan will make a decision on whether to build an atomic power plant this year. Speaking to a group…

Space Based Solar Power: Nothing but a Dream

Space Based Solar Power: Nothing but a Dream

Mar 20, 2012 at 12:23 | Tom Murphy

A solar panel reaps only a small portion of its potential due to night, weather, and seasons, simultaneously introducing intermittency so that large-scale storage is required to make solar power…

Iran Sanctions Felt as Far as Namibia

Iran Sanctions Felt as Far as Namibia

Mar 19, 2012 at 16:36 | John Daly

The United Nations sanctions, designed to force Tehran to halt its nuclear program, are having an effect on far-off Namibia. The southwest African state imports all its refined fuel from…

Natural Gas Analysis for the Week of March 19, 2012

Natural Gas Analysis for the Week of March 19, 2012

Mar 19, 2012 at 16:35 | FX Empire

May Natural Gas futures finished the week higher and in the process formed a weekly closing price reversal bottom. A trade though 2.468 will confirm the bottom and set up…

Temporary vs. Permanent Increases in Government Spending

Temporary vs. Permanent Increases in Government Spending

Mar 19, 2012 at 16:32 | Editorial Dept

Not long ago Paul Krugman wrote: To a first approximation, in other words, the effect of current fiscal policy — whether stimulus or austerity — an [on?] the actions…

East Africa's Rapid Rise to the Top of the Energy World

East Africa's Rapid Rise to the Top of the Energy World

Mar 16, 2012 at 19:06 | Brian Westenhaus

Soon America won’t be alone with a glut of natural gas. Statoil, the Norwegian oil company, made big oil industry news late last month announcing it had found huge volumes…

Israel to Destroy

Israel to Destroy "illegal" Solar Panels in Palestinian Villages

Mar 16, 2012 at 18:55 | Editorial Dept

The Israeli Occupation authorities are planning to demolish renewable energy installations in Palestinian villages in the Occupied West Bank. The projects were installed by an Israeli NGO, ME Comet, and…

India Could Become the First Large Casualty of the US Sanctions on Iran

India Could Become the First Large Casualty of the US Sanctions on Iran

Mar 15, 2012 at 17:52 | Charles Kennedy

In an attempt to force economic pressure on Iran due to the conflict over its nuclear regime, the US has imposed sanctions demanding that countries significantly reduce trade of Iranian…

Chile Power Companies Trash Renewable Energy

Chile Power Companies Trash Renewable Energy

Mar 15, 2012 at 17:51 | John Daly

Okay. Imagine your country has 2,653 miles of southern Pacific coastline, but only averages 110 miles east to west. And your Atacama desert, one of the hottest places on earth,…

Asian Supergrid to Connect Japan, China, Russia, Korea, and Mongolia

Asian Supergrid to Connect Japan, China, Russia, Korea, and Mongolia

Mar 15, 2012 at 17:47 | James Burgess

The Desertec Foundation has entered into a memorandum of understanding with the Japan Renewable Energy Foundation (JREF) to plan, promote, and implement an Asian supergrid which will be vital for…

US Economists Unite to Ask Obama to Support EU Carbon Scheme for Airlines

US Economists Unite to Ask Obama to Support EU Carbon Scheme for Airlines

Mar 15, 2012 at 17:45 | Joao Peixe

The European Union has plans to introduce legislation that will limit the amount of carbon emissions that airlines can emit. The new laws will force airlines to change the…

Lithium-Ion Battery Sales Expected to Increase by More than 700% by 2017

Lithium-Ion Battery Sales Expected to Increase by More than 700% by 2017

Mar 15, 2012 at 14:33 | Charles Kennedy

Many hope that electric vehicles (EVs) and plug in hybrid electric vehicles (PHEVs) will grow in popularity to overtake petrol and diesel cars, and help reduce our reliance on oil,…

4 Million Americans Could be Under Water by 2100

4 Million Americans Could be Under Water by 2100

Mar 14, 2012 at 17:13 | James Burgess

The idea of climate change affecting the planet is hardly contested anymore; the evidence is fairly conclusive. As the planet warms up, sea levels are expected to rise due to…

The Best Way to Battle Commodity Price Volatility

The Best Way to Battle Commodity Price Volatility

Mar 14, 2012 at 15:17 | Metal Miner

Crude oil prices spike. Copper tanks. Cotton and coffee can’t make up their minds. The price graphs you see look more and more like they’re tracking major seismic activity or…

Fukushima no Reason for Nuclear Energy Ban

Fukushima no Reason for Nuclear Energy Ban

Mar 13, 2012 at 17:49 | Daniel J. Graeber

This week marks the one-year anniversary since the 9-magnitude earthquake and subsequent tsunami rocked Japan. It was the strongest earthquake ever to hit the country, leaving an estimated 15,000 people…

Chevron's South American Nightmare

Chevron's South American Nightmare

Mar 13, 2012 at 17:46 | James Burgess

Chevron is facing some very tough times in South America and this year could be telling for the success of their continued business in the continent. The latest disaster occurred…

Iranian Oil Exports Drop as Foreign Shipping Companies Avoid Country

Iranian Oil Exports Drop as Foreign Shipping Companies Avoid Country

Mar 13, 2012 at 11:05 | James Burgess

The Sanctions imposed upon Iran by the US and EU in response to Iran’s nuclear program, have not been as effective as was hoped. However, that is starting to change.…

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