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Solving The Energy Industry's Biggest Problem

Solving The Energy Industry's Biggest Problem

MIT Researchers are working on…

Can Yemen’s Oil Industry Make A Comeback?

Can Yemen’s Oil Industry Make A Comeback?

As opposed to Syria whose…

News

Is Oil Still Leaking from the Macondo Well? BP Won’t Release Any Information

Is Oil Still Leaking from the Macondo Well? BP Won’t Release Any Information

Dec 14, 2012 at 16:17 | James Burgess

Back in 2010, an explosion at the deepwater horizon oil rig killed 11 workers and resulted in around 206 million gallons of crude oil leaking into the Gulf of Mexico…

Investors Avoid CNOOC After $15.1 Billion Takeover of Nexen

Investors Avoid CNOOC After $15.1 Billion Takeover of Nexen

Dec 14, 2012 at 16:16 | Charles Kennedy

CNOOC’S $15.1 billion takeover of Nexen Inc. (NYSE:NXY) the largest foreign acquisition made by any Chinese firm in history, has caused its share prices to fall and investors to back…

Pemex Sue Siemens over Charges of Bribery

Pemex Sue Siemens over Charges of Bribery

Dec 14, 2012 at 16:15 | James Burgess

Pemex, the state-owned Mexican oil company, has sued Siemens SG (NYSE:SI) and the South Korean Engineering & Construction Co. Ltd. for $500 million over claims of racketeering violations.Allegations…

Businesses Asked to Phase out Diesel Vehicles due to Health Fears in London

Businesses Asked to Phase out Diesel Vehicles due to Health Fears in London

Dec 14, 2012 at 16:14 | Joao Peixe

A new report from the London Assembly’s Health and Environment Committee shows the health impacts of pollution within the city. Pollution, mainly produced by diesel vehicles, has been linked to…

America's Denial Damages Climate Change Efforts

America's Denial Damages Climate Change Efforts

Dec 14, 2012 at 16:13 | Editorial Dept

Given safe haven from the impact of climate change by their privilege and wealth, the decision-making elite of the US has no intention of making the sacrifices that could lessen…

Final Turbine Now Installed at World's Largest Offshore Wind Farm

Final Turbine Now Installed at World's Largest Offshore Wind Farm

Dec 14, 2012 at 15:13 | Joao Peixe

The London Array Offshore Wind Farm, the world’s largest offshore wind farm, has entered the final stages of its installation with the construction of the 125th, and final, turbine.

BP Invited to Bid on UAE Oil Concession

BP Invited to Bid on UAE Oil Concession

Dec 13, 2012 at 16:44 | Charles Kennedy

BP, who owns a 9.5 percent stake in the Abu Dhabi National Oil Company (ADCO) concession which is set to be renewed in 2014, was surprisingly left out of the…

Dash for Gas could Add £600 to UK Energy Bills

Dash for Gas could Add £600 to UK Energy Bills

Dec 13, 2012 at 16:44 | James Burgess

A week ago Chancellor George Osborne announced new tax breaks for shale gas and plans to develop as much as 37GW of new capacity.The Committee on Climate Change…

DuPont Begin Construction on Giant Cellulosic Biorefinery

DuPont Begin Construction on Giant Cellulosic Biorefinery

Dec 13, 2012 at 16:43 | Joao Peixe

DuPont, the giant chemical company, has begun construction on what will become the first and largest cellulosic ethanol biorefinery in the world.The $200 million facility will be constructed…

UK Regulators Approve EDF Energy's New Nuclear Reactor Designs

UK Regulators Approve EDF Energy's New Nuclear Reactor Designs

Dec 13, 2012 at 16:42 | Joao Peixe

The UK Office for Nuclear Regulation and the Environment Agency have just approved the designs for a new type of nuclear reactor which has been designed by the French engineering…

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