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High Interest Rates Are Crushing Renewable Energy Projects

High Interest Rates Are Crushing Renewable Energy Projects

The renewable energy sector faces…

Oil Fund Withdrawals Suggest Extended Price Rally

Oil Fund Withdrawals Suggest Extended Price Rally

Investors are ditching the oil…

News

Are Silver Prices Set to Soar?

Are Silver Prices Set to Soar?

Dec 05, 2011 at 17:17 | Stockhouse

Silver, one of the most volatile assets in the world, has just started to climb off the back of its worst readings in four years as the traders and hedge…

How Biomass Can Provide 25% of Global Energy without Affecting Food Production

How Biomass Can Provide 25% of Global Energy without Affecting Food Production

Nov 26, 2011 at 10:48 | James Burgess

It is perfectly understood that no one renewable energy source will replace our dependence on fossil fuels. It will take an energy system mix where we rely on the combined…

Battle to be the World’s No.1 Oil Producer Heating Up

Battle to be the World’s No.1 Oil Producer Heating Up

Nov 10, 2011 at 17:27 | James Burgess

The constant battle that takes place between Russia and Saudi Arabia to be the world’s largest oil producer and exporter seems to be leading towards yet another change at the…

Are Wood Based Biofuels a Suitable Alternative to Fossil Fuels?

Are Wood Based Biofuels a Suitable Alternative to Fossil Fuels?

Nov 09, 2011 at 15:53 | James Burgess

Wood based bio fuel is considered far more sustainable than the traditional corn equivalent yet it is not widely produced in Canada or the United States due to the high…

Crude Oil Update for November 9, 2011

Crude Oil Update for November 9, 2011

Nov 09, 2011 at 11:09 | James Burgess

Crude oil futures have today fallen by 0.14% to 96.66USD per barrel, easing off the three-month high experienced earlier this week. Surging Italian bond yields highlighted a continuing investor unease,…

New Solar Plant Lights the Way to a Brighter Future

New Solar Plant Lights the Way to a Brighter Future

Nov 07, 2011 at 17:54 | James Burgess

Gemasolar, the world’s first solar energy power plant capable of producing energy 24 hours a day, has been installed this month in the Seville region of Spain by Torresol Energy.…

Is Beacon Power About to Follow Solyndra into Redundancy

Is Beacon Power About to Follow Solyndra into Redundancy

Oct 31, 2011 at 17:05 | Benzinga

According to the Boston Business Journal, Beacon Power (NASDAQ: BCON) may be about to go the same way as Solyndra despite receiving government funding. This represents another government-backed alternative energy…

Construction Begins in Pakistan on the World’s Highest Dam

Construction Begins in Pakistan on the World’s Highest Dam

Oct 22, 2011 at 09:19 | Charles Kennedy

Pakistani Prime Minister Syed Yusuf Raza Gilani has inaugurated construction of the country’s Diamer-Bhasha dam, the world’s highest, calling it the “lifeline” of Pakistan. The $12 billion facility is located…

Korea, France to Hold Seminar on Nuclear Power Promotion

Korea, France to Hold Seminar on Nuclear Power Promotion

Oct 22, 2011 at 09:18 | Joao Peixe

Seeking to quell legislators’ unease about nuclear power in the wake of Japan’s 11 March Fukushima nuclear catastrophe, on 21 October the Korea Nuclear Energy Promotion Agency will co-host with…

Iran to Ship Natural Gas to China Across Pakistan

Iran to Ship Natural Gas to China Across Pakistan

Oct 22, 2011 at 09:17 | Joao Peixe

Senior Iranian Oil Ministry officials have announced that they have reached agreement with the Pakistani government about shipping Iranian natural gas across Pakistan via pipelines to China. National Iranian Gas…

Iraqi Oil Ministry Signs Natural Gas Contract with South Korea's KOGAS

Iraqi Oil Ministry Signs Natural Gas Contract with South Korea's KOGAS

Oct 22, 2011 at 09:15 | Charles Kennedy

After nearly a year of protracted negotiations, the Iraqi Oil Ministry has concluded a contract with South Korea’s KOGAS company for the Akkas natural gas field in Anbar province. On…

Nigerian Activists Plan Worldwide Protest Over Electricity Shortages

Nigerian Activists Plan Worldwide Protest Over Electricity Shortages

Oct 22, 2011 at 09:14 | Charles Kennedy

The Nigerian Million March Project has announced its intention to organize peaceful marches in major cities around the world to call attention to the Nigerian government's failure to provide sufficient…

Mexico’s Pemex to Drill for Oil in Deep Waters of Gulf of Mexico

Mexico’s Pemex to Drill for Oil in Deep Waters of Gulf of Mexico

Oct 20, 2011 at 18:54 | Charles Kennedy

Mexico’s state owned Petroleos Mexicanos, also known as Pemex, intends to explore deep waters exploration in the Gulf of Mexico  In February 2012 Petroleos Mexicanos will begin drilling…

Ethiopian Court Sequesters Chinese Sinohydro Corp. Funds

Ethiopian Court Sequesters Chinese Sinohydro Corp. Funds

Oct 20, 2011 at 18:52 | Joao Peixe

Libya Oil Ethiopia Ltd., claiming unpaid money for fuel provided, has won a judgment from Ethiopia’s Federal High Court Eight Civil Bench to freeze $134,000 of China’s Sinohydro Corp. assets…

U.K. MOX Plant Closure to Cost Japanese Utilities Billions

U.K. MOX Plant Closure to Cost Japanese Utilities Billions

Oct 20, 2011 at 18:50 | Charles Kennedy

The closure of a plutonium-uranium mixed oxide, or MOX, fuel plant in Britain is set to cost Japan’s nuclear power industry billions of yen in revenue, according to industry insiders.

China's Sinohydro Corp. Soars in Stock Market IPO Debut

China's Sinohydro Corp. Soars in Stock Market IPO Debut

Oct 20, 2011 at 18:49 | Joao Peixe

China’s Sinohydro Corp. is a Chinese state-owned hydropower engineering and construction company and the world's largest hydroelectric company. On 18 October Sinohydro Corp. shares surged as much as 38…

Kenya and Saudi Arabia Deepen Energy Ties

Kenya and Saudi Arabia Deepen Energy Ties

Oct 19, 2011 at 18:11 | Joao Peixe

Saudi Arabia is one of the leading oil exporters to Kenya and seemingly unconcerned about recent oil finds there. Regarding the oil discoveries and their potential impact on Kenyan imports…

Spanish Wind Power Companies Distressed by Subsidy Cuts

Spanish Wind Power Companies Distressed by Subsidy Cuts

Oct 19, 2011 at 18:10 | Charles Kennedy

Spain’s Industry Ministry has upset the country’s burgeoning wind power sector by announcing that it intends to slash subsidies by 40 percent.  Wind power companies accuse the Ministry…

Mozambique, South Korea to Construct Solar Power Stations

Mozambique, South Korea to Construct Solar Power Stations

Oct 19, 2011 at 18:08 | Joao Peixe

The Mozambican and South Korean governments have signed two loan agreements totaling $60 million to underwrite both the establishment of an Emergency Information Management System and the building of three…

German Energy Company Resumes Joint Projects with Gazprom in Libya

German Energy Company Resumes Joint Projects with Gazprom in Libya

Oct 19, 2011 at 18:07 | Charles Kennedy

Germany's Wintershall Holding GMBH has restarted oil production in the Libyan desert in concessions 96 and 97, which it operates together with Russia's state owned natural gas company Gazprom, Wintershall…

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