• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 7 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 6 hours The United States produced more crude oil than any nation, at any time.
  • 17 hours China deletes leaked stats showing plunging birth rate for 2023
  • 6 mins The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 5 days Bad news for e-cars keeps coming
Trade War Concerns Loom Over US and UK Elections

Trade War Concerns Loom Over US and UK Elections

The 2024 US presidential election…

Say Goodbye to Utility Stock Dividends

Say Goodbye to Utility Stock Dividends

The U.S. electric utility sector…

U.S. Crude Is Dominating Global Oil Markets

U.S. Crude Is Dominating Global Oil Markets

Surging U.S. crude exports, particularly…

News

Greenhouse Gas Emissions Rose 3% in 2011 to All Time High

Greenhouse Gas Emissions Rose 3% in 2011 to All Time High

Jul 20, 2012 at 17:18 | Charles Kennedy

The European Commission’s Joint Research Centre has released a report in conjunction with the Netherlands’ Environmental Assessment Agency which finds that greenhouse gas emissions in 2011 were at an…

Turkmenistan's Proven Natural Gas Reserves Almost Doubled in New BP Review

Turkmenistan's Proven Natural Gas Reserves Almost Doubled in New BP Review

Jul 20, 2012 at 17:17 | Joao Peixe

On the 17th of July, BP released its 2012 edition of its Statistical Review of World Energy, the energy business ‘bible’.In it Turkmenistan’s proven natural gas reserves have…

Chevron Follow ExxonMobil and Invests in Kurdistan Oil Exploration

Chevron Follow ExxonMobil and Invests in Kurdistan Oil Exploration

Jul 20, 2012 at 17:16 | Charles Kennedy

Yesterday Chevron announced that it will buy a majority stake in two exploration blocks in the Kurdistan region of Iraq from the Indian firm, Reliance Industries. Chevron follows ExxonMobil who…

U.S. Wind Power Output Increases as Turbine Blades Grow Longer

U.S. Wind Power Output Increases as Turbine Blades Grow Longer

Jul 20, 2012 at 17:15 | Joao Peixe

The US Department of Energy has compiled a report which states that energy generated from wind turbines in the US has grown by 27 percent over the last year alone.…

Richard Branson Requests Meeting with Obama and Chu to Discuss IFR's

Richard Branson Requests Meeting with Obama and Chu to Discuss IFR's

Jul 20, 2012 at 17:13 | James Burgess

Richard Branson sent a letter to the US government propounding the benefits of integral fast reactors (IFR), a next generation nuclear technology, and requesting a meeting with President Barack Obama…

Abengoa and Silvermet to Build Two New Steel Dust Recycling Plants in Turkey

Abengoa and Silvermet to Build Two New Steel Dust Recycling Plants in Turkey

Jul 20, 2012 at 17:11 | Joao Peixe

Befesa, the industrial residue recycling division of Abengoa, a renewable energy and clean technology provider from Seville, has announced it will invest $120 million in a joint venture project with…

Gazprom's Monopoly in the European Natural Gas Market Slips

Gazprom's Monopoly in the European Natural Gas Market Slips

Jul 19, 2012 at 17:28 | Charles Kennedy

Gazprom, the Russian state-owned natural gas giant that supplies Europe with most of its gas, has benefited from a monopoly of Russian exports which was intended to prevent competition between…

Geoengineering: Sun-Reflecting Chemicals to be Sprayed into Air Above New Mexico

Geoengineering: Sun-Reflecting Chemicals to be Sprayed into Air Above New Mexico

Jul 19, 2012 at 17:27 | Charles Kennedy

Geoengineering has been covered before on oilprice.com. It is a radical method to counter climate change which involves manipulating the environment in order to cool the atmosphere on a…

Italian PM Hopes to Attract $18 Billion Investment by Relaxing Offshore Oil Ban

Italian PM Hopes to Attract $18 Billion Investment by Relaxing Offshore Oil Ban

Jul 19, 2012 at 17:23 | James Burgess

After the Gulf of Mexico spill in 2010, Italy’s then Prime Minister, Sergio Berlusconi, put a ban on all offshore gas exploration in Italian waters, fearful of a similar disaster.…

DONG Energy to Install 300 Siemens 6MW Offshore Wind Turbines in the UK

DONG Energy to Install 300 Siemens 6MW Offshore Wind Turbines in the UK

Jul 19, 2012 at 17:19 | Joao Peixe

Siemens have just announced that they have signed a deal with DONG Energy for the supply of 300 6MW offshore wind turbines to be installed in UK waters between 2014…

Saudi Arabia Looks to Secure $109 Billion to Develop its Solar Industry

Saudi Arabia Looks to Secure $109 Billion to Develop its Solar Industry

Jul 18, 2012 at 18:23 | Charles Kennedy

The Kingdom Abdullah City for Atomic and Renewable Energy (Ka-care), is agency set up by Saudi Arabia in April 2010 in order to organise and oversee the nations renewable energy…

Natural Gas Explosion in Louisiana Heard 12 Miles Away

Natural Gas Explosion in Louisiana Heard 12 Miles Away

Jul 18, 2012 at 18:22 | Joao Peixe

This morning in southern Louisiana, a 14 inch natural gas pipeline ruptured, causing a large explosion which could be heard up to 12 miles away.A local paper, the…

US Coast Guard Needs Billions of Dollars to Cover Oil Companies in the Arctic

US Coast Guard Needs Billions of Dollars to Cover Oil Companies in the Arctic

Jul 18, 2012 at 18:21 | James Burgess

Shell is one of six energy companies hoping to begin drilling for oil and gas in the Arctic next month. Global warming has led to large amounts of ice melting,…

The NRDC Guide to Reducing Pollution from Fracking

The NRDC Guide to Reducing Pollution from Fracking

Jul 18, 2012 at 18:19 | Climate Progress

As controversy over the use of hydraulic fracturing mounts across the U.S., the Natural Resources Defense Council has produced a handy fact sheet on best practices that can reduce…

France Joins the US, Germany, and Switzerland in Selling Negative Yield Bonds

France Joins the US, Germany, and Switzerland in Selling Negative Yield Bonds

Jul 18, 2012 at 07:20 | Dollar Collapse

Over the past few months Germany, Switzerland and the US have sold bonds with negative yields, meaning that investors are in effect paying those countries to safeguard their capital. Yesterday…

Future Alternative Energy Technologies to Look out For

Future Alternative Energy Technologies to Look out For

Jul 17, 2012 at 17:11 | James Burgess

In this article I will briefly take a look at some of the truly alternative fuels being developed in the world. Renewable energy sources such as solar, wind, and biofuels,…

Forget the Navy's $26 a Gallon, the Air Force Paid $59 for Biofuel

Forget the Navy's $26 a Gallon, the Air Force Paid $59 for Biofuel

Jul 17, 2012 at 17:09 | Charles Kennedy

The US Navy was recently lambasted by Republicans for spending $26 a gallon on biofuels during the recent RIMPAC international naval exercises; all part of its Great Green Fleet Demonstration.…

China Targets 5 Million Electric Vehicle's by 2020

China Targets 5 Million Electric Vehicle's by 2020

Jul 17, 2012 at 17:08 | Joao Peixe

China’s State Council has released plans to introduce subsidies to customers and manufacturers of electric vehicles (EV’s) in an attempt to encourage the numbers produced and sold. Even though only…

Decision on Renewable Energy Subsidies will be Made Soon

Decision on Renewable Energy Subsidies will be Made Soon

Jul 17, 2012 at 17:07 | Charles Kennedy

Ed Davey, the Energy and Climate Change Secretary, has stated that we will not have to wait until after Parliament returns from summer recess in order to know the changes…

ARPA-E Invests $30 Million in Natural Gas Vehicles

ARPA-E Invests $30 Million in Natural Gas Vehicles

Jul 17, 2012 at 17:06 | Innovation Policy Blog

Last week, the Advanced Research Projects Agency-Energy (ARPA-E) announced $30 million in funding for 13 research projects across the country relating to advanced natural gas vehicle technologies. The distribution of…

Oilprice - The No. 1 Source for Oil & Energy News