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News

Ukraine Sign $1.1 Billion LNG Deal with the Wrong Man

Ukraine Sign $1.1 Billion LNG Deal with the Wrong Man

Nov 28, 2012 at 16:38 | James Burgess

Ukraine has just admitted that it signed a $1.1 billion LNG deal with a man who did not even work for the company he claimed to be representing.The…

BP Banned from New Oil Contracts with US Government

BP Banned from New Oil Contracts with US Government

Nov 28, 2012 at 15:54 | Joao Peixe

Having pleaded guilty and agreed to pay $4.5 billion for criminal charges relating to the 2010 Deepwater Horizon oil spill, BP have now landed themselves in even more trouble.

Poland's Shale Gas Revolution off to a Rather Unimpressive Start

Poland's Shale Gas Revolution off to a Rather Unimpressive Start

Nov 28, 2012 at 15:53 | Joao Peixe

Poland’s high hopes that shale gas will free it from the oppressive influence of Gazprom, and the polluting energy source of coal, seems to have suffered a bit of a…

Large Tankers Start to Use the Arctic Passage to Make Deliveries to Asia

Large Tankers Start to Use the Arctic Passage to Make Deliveries to Asia

Nov 28, 2012 at 15:52 | James Burgess

The Ob River, a large tanker carrying liquefied natural gas (LNG) from Europe to Japan, is the first of its kind to ever attempt the journey using an Arctic passage.

Study Finds UK Media is against Renewable Energy

Study Finds UK Media is against Renewable Energy

Nov 28, 2012 at 15:51 | Charles Kennedy

The PR company CCgroup has carried out a study looking at how the UK’s most popular newspapers view and report on renewable energy technologies.The findings showed that the…

Sandy Proves that New York's Oil Supply Infrastructure Needs an Overhaul

Sandy Proves that New York's Oil Supply Infrastructure Needs an Overhaul

Nov 27, 2012 at 17:06 | Charles Kennedy

The aftermath of Hurricane Sandy left the entire North East Region of the US in a severe gasoline and crude oil supply shortage, and some experts believe that the scenario…

China Dismisses the Environment in Pursuit of Shale Boom

China Dismisses the Environment in Pursuit of Shale Boom

Nov 27, 2012 at 17:03 | Joao Peixe

A recent report by the independent publication Caixin, investigated China’s plans to develop its fracking industry. According to a white paper that the report looks at, China’s government “calls for…

World's Largest Solar Power Plant to be Completed by Year End

World's Largest Solar Power Plant to be Completed by Year End

Nov 27, 2012 at 17:02 | James Burgess

The largest concentrated solar power project in the world is set to be completed by the end of the year, and begin operation at the start of 2013.Construction…

Qatar's Solar Industry Hampered by Dust

Qatar's Solar Industry Hampered by Dust

Nov 27, 2012 at 17:01 | Joao Peixe

Abdullah Bin Hamad Al Attiyah, the chariman of Qatar Electricity & Water Company, told reporters, “we are one of the biggest believers in solar.”Only two years ago the…

Hydropower Rich Kyrgyzstan and Tajikistan to go Nuclear?

Hydropower Rich Kyrgyzstan and Tajikistan to go Nuclear?

Nov 26, 2012 at 16:36 | John Daly

While Kyrgyzstan and Tajikistan control the headwaters of both the Amu Darya and Syr Darya, Central Asia’s mightiest rivers and both nations have extensive hydroelectric cascades that generate electricity, they…

Saudi Arabia Ready to Begin Work on $109 Billion Solar Energy Plan

Saudi Arabia Ready to Begin Work on $109 Billion Solar Energy Plan

Nov 26, 2012 at 16:34 | Charles Kennedy

As the UN summit on climate change is about to begin in Doha this week there will be an increased focus on the renewable energy plans of the fossil fuel…

Pemex Announces Another Large Oil Discovery

Pemex Announces Another Large Oil Discovery

Nov 26, 2012 at 16:33 | Joao Peixe

In the past few months Petroleos Mexicanos (Pemex) has had some success with its oil discoveries, and the latest is in the form of a deposit in the southern state…

Syrian Civilians Flee to Turkey as Assad's Forces Attack Populated Areas

Syrian Civilians Flee to Turkey as Assad's Forces Attack Populated Areas

Nov 26, 2012 at 16:32 | James Burgess

The rebellion in Syria has spilt over into Turkey once again, and threatens to turn into a war between the two nations. Thousands of Syrians fled into Turkey as President…

UK's First Biomethane Plant to Provide Gas to 56,000 Households

UK's First Biomethane Plant to Provide Gas to 56,000 Households

Nov 26, 2012 at 16:31 | Joao Peixe

The first ever fully operational, commercial biomethane-to-grid plant in the UK has been installed and will provide gas to around 56,000 houses in the county of Dorset in South West…

UK to Shift Focus from Renewable Energy to Natural Gas

UK to Shift Focus from Renewable Energy to Natural Gas

Nov 23, 2012 at 16:49 | Joao Peixe

The UK government has finally released its long overdue energy policy, and it seems that Chancellor George Osborne won.The problems that were facing the coalition decision makers in…

New Tax Break to Encourage Shale Oil Boom in Russia

New Tax Break to Encourage Shale Oil Boom in Russia

Nov 23, 2012 at 16:47 | James Burgess

The US and Russia had long been in a secret war to try and discover a method to access and extract hydrocarbons locked in tight rock formations such as shale.…

Repsol Looks to Repair Relationship with Pemex

Repsol Looks to Repair Relationship with Pemex

Nov 23, 2012 at 16:46 | Charles Kennedy

The Spanish oil company, Repsol, is in talks with the Mexican state-owned oil company, Pemex, in an attempt to repair their troubled relationship.Pemex is the third largest shareholder…

Finland is Chosen as the Best Location for a Baltic LNG Terminal

Finland is Chosen as the Best Location for a Baltic LNG Terminal

Nov 23, 2012 at 16:45 | Charles Kennedy

Consultants Booz & Company carried out a study at the request of the European Commission into the best location for a LNG terminal in the Baltic. The objective of the…

5 Positive Economic Trends in a Negative Economy

5 Positive Economic Trends in a Negative Economy

Nov 23, 2012 at 16:44 | Editorial Dept

Household debt is way down. ... The good news is that in the past three years, Americans have made remarkable progress cleaning up their balance sheets and paying down those…

$215.4 Billion of Investments in CDM Projects by End of 2012

$215.4 Billion of Investments in CDM Projects by End of 2012

Nov 23, 2012 at 16:43 | Joao Peixe

A recent report by the UN Framework Convention on Climate Change has estimated that a total of $215.4 billion of investments will have been made through the clean development mechanism…

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