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News

US Lawmakers Want a Quicker Decision on the Fate of Exporting Shale Gas

US Lawmakers Want a Quicker Decision on the Fate of Exporting Shale Gas

Sep 25, 2012 at 17:13 | James Burgess

The shale gas boom in the US has opened up the possibility for exporting LNG to markets around the world where it could be sold for far higher prices than…

Gold Miner Strike Grows, Despite Promises to End it Yesterday

Gold Miner Strike Grows, Despite Promises to End it Yesterday

Sep 25, 2012 at 17:11 | Charles Kennedy

Illegal strikes have spread throughout the precious metal mines in South Africa, causing major disruptions to production for some of the largest metal companies in the world.Gold Fields,…

Yemen's LNG Pipeline Suffers Yet Another Attack

Yemen's LNG Pipeline Suffers Yet Another Attack

Sep 25, 2012 at 17:10 | Joao Peixe

The LNG industry in Yemen is not being given a break, after yet another explosion at one of its pipelines causing production to drop.The country’s pipelines have been…

Smart Sponge Holds the Key to Cleaning Fracking Water

Smart Sponge Holds the Key to Cleaning Fracking Water

Sep 24, 2012 at 16:54 | Charles Kennedy

At the recent World Shale Oil & Gas Summit, Abtech Holdings Glenn Rink was handed the award for the best technology innovator of 2012. Their amazing technology? A sponge.

Super-Efficient Hydrogen Fuel Cell Developed for Smart Phones

Super-Efficient Hydrogen Fuel Cell Developed for Smart Phones

Sep 24, 2012 at 16:53 | James Burgess

ROHM, a Japanese company which supplies semiconductors, has worked in collaboration with Aquafairy Corporation, a Kyoto based fuel cell manufacturer, and Kyoto University on the development of a high-efficiency fuel…

Ahmadinejad Tells the New York Press that he Wants the Elimination of Israel

Ahmadinejad Tells the New York Press that he Wants the Elimination of Israel

Sep 24, 2012 at 16:52 | Joao Peixe

Iranian President Mahmoud Ahmadinejad is in New York this week for the UN General Assembly, and rather than be on his best behaviour, he has used this event to make…

Greek Bailout Must Wait as Obama's Re-election Campaign Takes Priority

Greek Bailout Must Wait as Obama's Re-election Campaign Takes Priority

Sep 24, 2012 at 16:51 | Editorial Dept

Talks in Greece over the next tranche of loans are now on hold until after the US election. There were numerous reports this week that Obama did not want failed…

Saudi Arabia's Attempts to Control Oil Prices Continue

Saudi Arabia's Attempts to Control Oil Prices Continue

Sep 21, 2012 at 17:08 | Charles Kennedy

In March Saudi Arabia managed to increase their oil production to 10.1 million barrels per day, their highest output in 31 years, as they tried to compensate for the declining…

Researchers Create Batteries that can be Painted onto Virtually Any Surface

Researchers Create Batteries that can be Painted onto Virtually Any Surface

Sep 21, 2012 at 17:07 | Joao Peixe

One of the biggest problems with batteries is the weight and bulky nature of their packaging. It is the major limiting factors for electric vehicles. Several years ago, to overcome…

San Francisco Approve Shells Plans to Provide 100% Clean Electricity

San Francisco Approve Shells Plans to Provide 100% Clean Electricity

Sep 21, 2012 at 17:06 | Joao Peixe

Shell’s San Francisco renewable energy program has been approved by the city’s Board of Supervisors. The CleanPowerSF, is a $19.5 million initiative which allows residents of San Francisco to choose…

Europe Set for a Coal Power Boom

Europe Set for a Coal Power Boom

Sep 21, 2012 at 17:05 | Charles Kennedy

Despite the fact that the EU will stop giving out free carbon permits soon, coal power is set to boom as other factors make it the most profitable source of…

China's Wind Power Capacity Could Reach 300GW by 2020

China's Wind Power Capacity Could Reach 300GW by 2020

Sep 21, 2012 at 17:02 | James Burgess

In 2009 China became the world leader in wind power, and this year alone it will install 15GW.A joint study by the Chinese Renewable Energy Industries Association, the…

ExxonMobil Increases Stake in Bakken Field to 600,000 Acres

ExxonMobil Increases Stake in Bakken Field to 600,000 Acres

Sep 20, 2012 at 17:19 | Joao Peixe

ExxonMobil have agreed to buy Denbury Resources Inc’s stakes in the Bakken shale formation for $1.6 billion, in a deal that will see their holdings in the area increase to…

Oil Companies Race Back to the Gulf of Mexico

Oil Companies Race Back to the Gulf of Mexico

Sep 20, 2012 at 17:18 | James Burgess

Following the infamous BP oil spill in the Gulf of Mexico back in 2010, all deepwater drilling in the area was shut down, and the whole sector was sent into…

Geopolitical Peak Oil: Has Unconventional Oil Production Peaked?

Geopolitical Peak Oil: Has Unconventional Oil Production Peaked?

Sep 20, 2012 at 17:17 | Charles Kennedy

Peak oil is a myth; at least the chance of achieving peak oil any time soon is. It has been well documented that we have vast reserves of hydrocarbons buried…

Growing Unemployment and Civil Unrest - The Real Picture in Iran

Growing Unemployment and Civil Unrest - The Real Picture in Iran

Sep 19, 2012 at 16:36 | Charles Kennedy

“Business is drying up, industry is collapsing. There's zero investment. I know. I see it with my own eyes.” The words of a wealthy Iranian business man on the state…

Russia's Giant Diamond Mine Could Collapse the Global Diamond Market

Russia's Giant Diamond Mine Could Collapse the Global Diamond Market

Sep 19, 2012 at 16:35 | Joao Peixe

Russia has been the world’s largest diamond producer for the past 3 years. Its diamond mines in Yakutia produce massive profits in a tightly controlled market. However it has just…

Offshore Oil Discoveries Could Lead Ireland out of Economic Woe

Offshore Oil Discoveries Could Lead Ireland out of Economic Woe

Sep 19, 2012 at 16:34 | James Burgess

The world runs on oil and gas, and despite the effort of environmentalists to push for a transition to greener energy sources, it will do so for a long time…

Saudi Arabia Promise More Oil to Drive Global Prices Down

Saudi Arabia Promise More Oil to Drive Global Prices Down

Sep 19, 2012 at 16:33 | Editorial Dept

Saudi Arabia has offered ... extra oil supplies through the end of the year, a sign the world’s largest exporter is worried about the impact of rising prices on the…

The US Continues to Suffer for its Lack of a Water Policy

The US Continues to Suffer for its Lack of a Water Policy

Sep 19, 2012 at 16:32 | Charles Kennedy

The US is experiencing its worst drought in over 50 years. It highlights the glaring problems that plague the US water supply and will only get worse as the years…

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