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Georgia's Car Re-Export Trade Faces Uncertain Future

Georgia's Car Re-Export Trade Faces Uncertain Future

Georgia's once-thriving used-car re-export sector…

News

Why Large Banks Shouldn't be Broken Up

Why Large Banks Shouldn't be Broken Up

Feb 14, 2012 at 09:35 | Editorial Dept

The logic of cutting down huge institutions could mean splitting the largest ones into several pieces. Yet banks do not always come in easily divisible parts. Such a move could…

Many Fear New Government Reforms will Destroy the UK Solar Industry

Many Fear New Government Reforms will Destroy the UK Solar Industry

Feb 13, 2012 at 10:23 | James Burgess

Young industries such as the renewable energy sectors rely heavily on government funding and incentives to help them achieve a level of competition with the well-established industries out there. The…

Crude Oil Analysis for the Week of February 13, 2012

Crude Oil Analysis for the Week of February 13, 2012

Feb 12, 2012 at 18:46 | FX Empire

The lack of follow-through to the downside led to a fast turnaround in April Crude Oil last week. Although the market closed higher for the week, it remained inside of…

IEA: Future Sanctions Already Severely Effect Iranian Oil Exports

IEA: Future Sanctions Already Severely Effect Iranian Oil Exports

Feb 12, 2012 at 16:37 | Joao Peixe

In the IEA’s monthly Oil Market Report they have said that the European and US trade sanctions designed to impede Iran’s nuclear program could affect far more than the 600,000…

Namibia Pursues Nuclear Energy Dreams With France's Areva

Namibia Pursues Nuclear Energy Dreams With France's Areva

Feb 11, 2012 at 13:57 | John Daly

Namibia, the fourth biggest uranium producer in the world, first floated the idea of acquiring a nuclear power plant of its own four years ago. Rio Tinto and Australian miner…

OPEC Predicts Global Oil Demand to Slow in 2012

OPEC Predicts Global Oil Demand to Slow in 2012

Feb 10, 2012 at 17:02 | Charles Kennedy

Due to various factors such as; the continuing economic crisis in Europe; the delicate situation in Iran and the uncertainty over its oil supplies; the economic worries currently being experienced…

Donald Trump has a Tantrum over Scotland's Offshore Wind Farms

Donald Trump has a Tantrum over Scotland's Offshore Wind Farms

Feb 10, 2012 at 15:26 | James Burgess

Donald Trump has once again verbally attacked Scotland; this time over its renewable energy plans to build offshore wind farms. He wrote an angry letter to first minister Alex Salmond…

Mongolia: The Resource Giant Ready to be Woken Up

Mongolia: The Resource Giant Ready to be Woken Up

Feb 10, 2012 at 13:52 | Stockhouse

Mongolia is a landlocked country in Eastern Asia, bordered by Russia to the north and China to the east, west and south. It is roughly the size of Alaska, but…

Las Vegas Going Green - Solar Farm to Power the City

Las Vegas Going Green - Solar Farm to Power the City

Feb 10, 2012 at 07:29 | Charles Kennedy

A new, two mile wide, 110 megawatt solar installation is being constructed in Nevada to power the lights of Las Vegas. SolarReserve have already completed the 540 foot high central…

World's Largest Offshore Wind Farm Opens Today in the UK

World's Largest Offshore Wind Farm Opens Today in the UK

Feb 09, 2012 at 16:06 | Joao Peixe

Today heralds the opening of the world’s largest offshore wind farm off the coast of Cumbria in the UK. The 367 megawatt wind farm, called Walney Farm, consists of 100…

U.S. Losing Wind Energy Race

U.S. Losing Wind Energy Race

Feb 09, 2012 at 15:57 | Daniel J. Graeber

Washington finally said it was moving ahead with plans for wind energy off the mid-Atlantic Coast. A review of the region, considered one of the better wind regimes in the…

Polish Natural Gas Could Free Europe from Russia's Grip  Once and for All

Polish Natural Gas Could Free Europe from Russia's Grip Once and for All

Feb 09, 2012 at 15:56 | James Burgess

Poland is currently reliant upon natural gas imported from Russia. They shed the iron rule of the Soviet Union only to hand power back to Moscow due to their need…

Masdar City: The Most Sustainable City in the World to Open in 2025

Masdar City: The Most Sustainable City in the World to Open in 2025

Feb 09, 2012 at 09:59 | James Burgess

The ambitious $19 billion Masdar City is already six years into production and has been set a completion date of between 2020 and 2025 (having worked with builders before I’d…

Canada Moves Closer to Supplying China with Oil Following New Agreement

Canada Moves Closer to Supplying China with Oil Following New Agreement

Feb 08, 2012 at 15:34 | James Burgess

Canadian Prime Minister, Stephen Harper, is currently on a visit to China in order to boost cooperation in many key areas between the two countries. The first step towards this…

ConocoPhillips May Exit Nigeria, Libya, Vietnam, Algeria and Kazakhstan

ConocoPhillips May Exit Nigeria, Libya, Vietnam, Algeria and Kazakhstan

Feb 08, 2012 at 15:27 | James Burgess

ConocoPhillips is an integrated energy company with assets of approximately $75 billion, and employs 56,000 people across 49 countries. They have recently announced plans to sell assets in Nigeria, Libya…

Cold Snap Sign of European Dependence on Russian Gas

Cold Snap Sign of European Dependence on Russian Gas

Feb 08, 2012 at 09:04 | Daniel J. Graeber

Russia’s natural gas monopoly during the weekend said it was having trouble keeping up with European demand during a brutal cold snap gripping much of the eurozone. Russian Prime Minister…

China Look to Take Advantage of Iran's Situation by Negotiating New Oil Prices

China Look to Take Advantage of Iran's Situation by Negotiating New Oil Prices

Feb 08, 2012 at 09:02 | James Burgess

In a turn of events that could prove disastrous for Iran, it has found its largest exporter, China, recently reducing the amount of oil it buys and looking for other…

Qatar to Spend $20 Billion on Power Generation and Water Desalination

Qatar to Spend $20 Billion on Power Generation and Water Desalination

Feb 07, 2012 at 12:34 | James Burgess

According to a report released by Beltone Financial the Arab State of Qatar is predicted to spend more than $20 billion on power generation and water desalination over the next…

Pakistan Looks to Qatar for Help with Energy Crisis

Pakistan Looks to Qatar for Help with Energy Crisis

Feb 07, 2012 at 12:29 | James Burgess

87,000 Pakistanis currently work in the Arab kingdom of Qatar, contributing to its growing economy. On Monday, in an attempt to further strengthen the two countries relations, the Pakistani Prime…

Natural Gas Analysis for the Week of February 6, 2012

Natural Gas Analysis for the Week of February 6, 2012

Feb 07, 2012 at 07:50 | FX Empire

March Natural Gas “followed-through” to the upside last week after the previous week’s closing price reversal bottom if you consider a .0060 move through the previous high a follow-through rally.…

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