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News

Solar Plane to Attempt Non-Stop Flight Around the World in 2015

Solar Plane to Attempt Non-Stop Flight Around the World in 2015

Dec 06, 2012 at 16:35 | James Burgess

In 1999 Bertrand Piccard became the first person to travel around the world nonstop in a balloon. The trip used a huge quantity of fuel and resources and left Piccard…

Tensions Escalate in Iraq as Kurdistan Moves more Tanks to Protect its Borders

Tensions Escalate in Iraq as Kurdistan Moves more Tanks to Protect its Borders

Dec 06, 2012 at 16:34 | Joao Peixe

Tensions seem to be escalating between Baghdad and Irbil, as Kurdistan rolls out its Soviet-built tanks and positions them along its undefined southern border, all aimed at the unseen Iraqi…

U.S. LNG Export Industry to be Worth $47 Billion a Year by 2020

U.S. LNG Export Industry to be Worth $47 Billion a Year by 2020

Dec 06, 2012 at 16:33 | Joao Peixe

A recent study carried out by NERA Economic Consulting on behalf of the US Energy Department has found that the economic benefits of exporting its cheap and abundant natural…

Environmentalists Must Make Up their Minds about Renewable Energy

Environmentalists Must Make Up their Minds about Renewable Energy

Dec 06, 2012 at 16:32 | Charles Kennedy

Environmentalists are united in the common belief that the world must phase out fossil fuels and develop the majority of its energy from renewable sources.Unfortunately renewable energy is…

Deepwater Horizon Chemical Dispersants 52 Times More Toxic than Oil

Deepwater Horizon Chemical Dispersants 52 Times More Toxic than Oil

Dec 05, 2012 at 16:35 | James Burgess

The Deepwater Horizon oil spill is widely considered one of, if not the, worst environmental disasters in history. Around 4.9 million barrels of oil leaked into the Gulf of Mexico,…

US Military Working with GE to Develop New Type of Engine

US Military Working with GE to Develop New Type of Engine

Dec 05, 2012 at 16:33 | Joao Peixe

Military research teams are working with General Electric, and other companies, to develop a new class of engine which will be able to efficiently burn hydrogen or fossil fuels to…

Spark-Less Tools: Say Goodbye to Hot Work

Spark-Less Tools: Say Goodbye to Hot Work

Dec 05, 2012 at 16:33 | Joao Peixe

Hot work refers to all activities that can be performed on oil rigs which create heat and could therefore potentially ignite flammable materials and cause explosions; grinding, welding, cutting, etc.

TAQA Hopes to Raise $2 Billion with Bond Sale

TAQA Hopes to Raise $2 Billion with Bond Sale

Dec 05, 2012 at 16:32 | Charles Kennedy

Abu Dhabi’s state owned energy company, the Abu Dhabi National Energy Co. (TAQA), has announced that it will be holding a two part bond sale in order to raise $2…

World's Largest Copper Producer Moves Back into Oil with $9 Billion Takeover

World's Largest Copper Producer Moves Back into Oil with $9 Billion Takeover

Dec 05, 2012 at 16:30 | Joao Peixe

The world’s largest publically traded copper producer, Freeport-McMoRan Copper & Gold Inc., has announced a $9 billion agreement to buy the oil company Plains Exploration & Production Co., and McMoRan…

British Airways Agrees to Buy $500 Million of Biofuel over Next Ten Years

British Airways Agrees to Buy $500 Million of Biofuel over Next Ten Years

Dec 04, 2012 at 16:11 | Joao Peixe

British Airways has just agreed to the world’s largest, advanced biofuel commitment made by any airline. In its drive to reduce its carbon emissions it has pledged to buy over…

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