Singapore (AFP) July 2, 2012 - Crude prices fell in Asia Monday as traders pulled back following a massive rally at the end of last week spurred by a eurozone deal, and after weak manufacturing data from China, analysts said.
Tehran (UPI) Jul 2, 2012 - Iran said over the weekend it can easily replace the European Union as a customer for its oil as EU sanctions over its nuclear program took effect.
Tehran (AFP) July 2, 2012 - Iranian MPs have signed a draft law aimed at banning Europe-bound oil tankers from using the Strait of Hormuz to punish EU nations that slapped sanctions on the Islamic republic, reports said on Monday.
Exeter UK (SPX) Jul 02, 2012 - The energy generated from our oceans could be doubled using new methods for predicting wave power. Research led by the University of Exeter, published in the journal Renewable Energy, could pave the
Manila (AFP) July 2, 2012 - The Philippines may ask the United States to send spy planes to help it monitor a disputed area in the South China Sea, a presidential spokesman said Monday, in a move that could deepen tensions with China.
Brasilia (AFP) July 2, 2012 - A Brazilian judge has ordered oil giant Shell and chemical behemoth BASF to pay $500 million in compensation for hundreds of ex-workers suing for damages in a suspected plant contamination case, a judicial source said Monday.
Zurich (AFP) July 2, 2012 - Swiss engineering group ABB announced on Monday it had signed a contract worth $120 million (94.9 million euros) to build a power station in Iraqi Kurdistan.
Washington DC (SPX) Jul 02, 2012 - As global energy supplies come under increasing attack by non-state actors and private energy holdings become key targets of political maneuverings and criminal activities, Oilprice.com discusses th
Washington, Conn. (UPI) Jul 2, 2012 - U.S. Interior Secretary Ken Salazar says environmental reviews for major wind energy initiatives in Wyoming, Rhode Island and Massachusetts are completed.
Beijing (AFP) July 1, 2012 - China has deployed four patrol ships to a disputed area of the South China Sea, state media said Sunday, amid a deepening row with Vietnam over competing territorial claims.
Tehran (AFP) July 1, 2012 - A European Union embargo on Iranian oil went into effect on Sunday, provoking anger in Tehran which says the measure will hurt talks with world powers over its sensitive nuclear activities.
Washington (AFP) July 1, 2012 - The White House welcomed Sunday's implementation of an EU embargo on Iranian oil, calling it an essential part of an international response to Tehran's nuclear program.
Yenagoa, Nigeria (AFP) June 30, 2012 - Nigeria's military on Saturday said it had arrested the leader of a gang responsible for a series of attacks on oil installations in the Niger Delta region.
Paris, Francew (SPX) Jun 29, 2012 - Helion, the AREVA subsidiary specialized in the use of hydrogen and energy storage, and its partner Modul'Data Center have inaugurated today the world's first backup power system connected to a Data
Kyoto, Japan (SPX) Jun 29, 2012 - In what may prove to be a significant boon for industry, separating mixtures of liquids or gasses has just become considerably easier. Using a new process they describe as reverse fossilizati
Canberra, Australia (SPX) Jun 29, 2012 - The Clean Energy Council has congratulated the Australian Parliament on passing the $10 billion Clean Energy Finance Corporation (CEFC), which will provide loans to promising clean energy projects t
