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News

Want Cheap Energy? Scrap the DoE

Want Cheap Energy? Scrap the DoE

Mar 27, 2012 at 17:41 | Charles Kennedy

Americans complain about the increasingly high prices that they are paying for gasoline, but they need to direct that their anger where it could do the most damage. Basically Obamas…

Japan's Final Nuclear Reactor to Close in May

Japan's Final Nuclear Reactor to Close in May

Mar 26, 2012 at 17:06 | James Burgess

Following last year’s nuclear disaster at Fukushima caused by the catastrophic meltdown of three reactors due to an earthquake and subsequent tsunami, Japanese confidence in nuclear power has plummeted. A…

How Global Warming Causes Extreme Weather Patterns

How Global Warming Causes Extreme Weather Patterns

Mar 26, 2012 at 15:12 | Editorial Dept

One claim frequently heard regarding extreme heat waves goes something like this: “Since this heat wave broke the previous record by 5°C, global warming can’t have much to do with…

Natural Gas Analysis for the Week of March 26, 2012

Natural Gas Analysis for the Week of March 26, 2012

Mar 25, 2012 at 10:25 | FX Empire

Last week looked promising for May Natural Gas following the previous week’s closing price reversal bottom, but even after a confirmation, the market could not follow-through to the upside.

The U.S. Has Granted Japan and 10 EU Countries Exemption from Iran Sanctions

The U.S. Has Granted Japan and 10 EU Countries Exemption from Iran Sanctions

Mar 25, 2012 at 10:17 | Charles Kennedy

It is well known that as part of a coordinated campaign the US and EU have pressured Iran with their sanctions to restrict any country importing Iranian crude oil. Under…

Pulsed Injection can Increase the Amount of Recoverable Oil in a Well by 10%

Pulsed Injection can Increase the Amount of Recoverable Oil in a Well by 10%

Mar 22, 2012 at 18:15 | James Burgess

When oil fields start to age and their production reduces, there is little that can be done. Generally oil remains within the well, however it is unreachable, due to it…

Shell Sign Agreement with Chinese Energy Company to Extract Shale Gas

Shell Sign Agreement with Chinese Energy Company to Extract Shale Gas

Mar 22, 2012 at 18:13 | Joao Peixe

Fracking has revolutionised the US natural gas industry by enabling the extraction of previously unreachable shale gas. The shale gas industry is now huge in the US and volume of…

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…

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