Algeria is aiming to generate 40 per cent of its electricity from renewable sources by 2020, energy minister Youcef Yousfi has announced. About 60 renewable energy projects will be launched…
While Russia is rich in oil and gas resources, the Russian government in 2008 had to introduce a US$4.2 billion tax cut at mid-year to reverse declining production after a…
The conspiracy theorists will love this one. Buried deep in the bowels of the 2,000 page health care bill is a new requirement for gold dealers to file Form 1099’s…
This short paper borrows from my forthcoming energy economics textbook (2011), and consists of a part of the lecture that I once desperately wanted to present at either the Stockholm…
We know that peak oil will be here soon, and we feel like we should be doing something. But what? It is frustrating to know where to start. In this…
The price of oil has oscillated from an all-time hike of almost $150 a barrel to a low of $30, hand in hand with the credit-crunch and the inextricable economic…
Large wind farms are being built around the world as a cleaner way to generate electricity, but operators are still searching for the most efficient way to arrange the massive…
Trading in the EU carbon market has slowed to a crawl following the decision yesterday afternoon by the European Commission to suspend transactions in all EU member states' allowance (EUA)…
The current economic distress has invigorated the discussion about jobs creation as a way to incubate new growth. Alternative energy advocates who previously have been singing for more government support…
The UK’s University of Bradford researchers are proposing a method for increasing the yield of the middle distillates, gasoline, jet fuel, and diesel fuel at the refinery by applying…
As China President Hu Jintao visits President Obama and the rest of the US, most of the attention will be focused -- in our view, wrongly -- on the dollar…
Pepisco’s plans to go fossil fuel-free in the UK and Ireland by 2023 are entirely feasible – provided the company is prepared to pay, an analyst says. Pepsico UK announced…
Have I seen This movie before? Two years ago, analysts were predicting default rates as high as 17% for Junk bonds in the wake of the financial meltdown, taking yields…
North Dakota's Bakken shale oil deposits were supposed to have only 4.3 billion barrels of proven reserves. But that number keeps rising -- as do the production numbers from Bakken…
Chinese geologists have detected "super-thick" oil and gas-bearing stratums in the northern part of the South China Sea and identified 38 offshore oil and gas-bearing basins, a senior official said…
Petro-dictatorships typically boom and bust with the price of oil, so you'd think that Venezuela would be riding high right now. But a new report from Morgan Stanley presents a…
It wouldn’t be fair to say that Bernanke is responsible for all the run-up in global food prices. There are many factors at play. That’s not to say the US…
"More longer-term, China would like to see the renminbi rival the U.S. dollar's status as a global reserve currency. But this is going to take a long time," Leather says.…
Mike Mickelbart, an assistant professor of horticulture; Mike Hasegawa, a professor of horticulture; and Chal Yul Yoo, a horticulture graduate student, found that a genetic mutation in the research plant…
For a country with the world’s fourth-largest gas reserves, Turkmenistan has a predictably glitzy capital, Ashgabat. And it would stand to reason that the prized Caspian port city an hour’s…