Petroleum is thought to have originated mainly from the remains of sediments of photosynthetic organisms which sedimented from ancient seas, and were heated and compressed by geological processes. Assuming that…
Higher energy prices have helped Russia regain its fiscal footing after the global financial crisis walloped the country in 2008. But some experts say the economic forecast for the Kremlin…
I am not of the “V” or “W” persuasion, but see a “square root” shaped economic recovery, a “V” followed by a long, bumpy, but very modest rise. After a…
STA UK is gearing up to build 10 new waste plastic to diesel plants in the UK. The first plant is to be built in Port Laoighise, Ireland. The process…
It seems the $315 million contract awarded by the Pentagon to a controversial and secretive fuel-supplier is only part of the story about future operations at Kyrgyzstan’s Manas Transit Center.…
At a somber post-election press conference, President Barack Obama, ever the pragmatic, conceded that one of his major policy goals, implementing a comprehensive cap-and-trade system, was dead. “Cap-and-trade was just…
The good news is that you no longer have to be crazy to buy gold. Until recently, certifiable believers chasing the barbaric relic were driven by a host of urban…
Argentina. - U.S. producer Apache said Friday it plans to drill a well by year-end to test shale gas potential in the La Calera field of the Neuquen Basin. The area…
People sometimes ask which biofuels are competitive head to head with crude oil. By competitive, I mean those that can actually compete favorably with oil prices on a level playing…
On a recent afternoon in the southern city of Basra, a cry went up in the local bazaar that the police were coming. In an instant, street-sellers rolled up their…
The Honeywell Wind Turbine needs only 33 feet of above ground clearance and just a claimed one half mile per hour wind to start up. If that proves out in…
A day after a landslide Republican victory in the US House of Representatives, President Barack Obama pledged to work with his opponents to find common ground on energy issues, but…
It's not going to be another Lehman. A failure of a bank or major corporation won't cut it anymore. Governments globally have shown they're willing to step in and bail…
France and China have agreed to form what they are calling a "strategic" partnership in civilian nuclear power. The announcement came on November 4 as Chinese President Hu Jintao opened…
With the Nabucco pipeline project still stuck on the drawing board, Azerbaijan is busy trying to broaden its energy export options. Over the past three months, Azerbaijan has made a…
After recent reports that Afghan President Hamid Karzai and other government officials received bags of cash from Iran, it’s no surprise that Afghanistan would be near the top of a…
The Energy Biosciences Institute -- funded by a $500 million grant from oil giant BP -- has released a "technoeconomic" report meant to cast a discouraging pall over the future…
European Energy Consortium to Sign Turkmen Gas Deal A consortium of two European energy companies and a financial institution are seeking to strike a major gas supply deal with Turkmenistan…
Ben Bernanke’s unprecedented announcement that he is buying $600 billion in medium dated Treasury securities is tantamount to the government ordering you to pour all of your money into emerging…
Researchers at the University of Illinois have completed the first extensive geographic yield and economic analysis of potential bioenergy grass crops in the Midwestern United States. It’s the best work…