Kenya will start pumping its first commercial oil next year and begin exporting in 2016, but this is just the opening salvo: new discoveries in recent months and fast-track new well development make Kenya the darling of East Africa from an investor’s perspective.
The U.S. Environmental Protection Agency published a rule on January 9, 2014 requiring oil and gas companies using hydraulic fracturing off the coast of California to disclose the chemicals they discharge into the ocean. Oil and gas companies have been fracking offshore California for perhaps as long as two decades, but they largely flew under the radar until recently.
Norwegian energy company Statoil said last week it was forming a special operations division to handle emergency operations in response to a terrorist attack on a natural gas facility in Algeria.
Brilliant Engineers from the Oregon State University have finally burst through in the microbial fuel cells performance that can lead to the generation of electricity using waste water directly. This can lead to a boom in the production of electricity in future as the waste treatment plants can actively help in selling electricity besides producing electricity for the waste plant.
Enormous and gigantic 'solar twisters' that are nearly 1000 miles broad have been found to take the sun's atmosphere to very high temperatures, as high as millions of degrees centigrade. These magnetic tornadoes swirling around are found to heat the immediate layer above the sun to extremely high levels, channeling extreme temperatures from the sun on to the layer above it making it scorching hot. The heat is so high that it can lend enough power to make “clean” reactors on earth. The tornadoes that are seen on the Earth are thousands of times smaller, of lesser intensity than the solar tornadoes.
It will surely be extremely large, approximately the size of four football fields put together. That’s what Royal Dutch Shell intends to build, as it bets big time on liquefied natural gas (LNG) in Asia.
Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less trustworthy than cash flow, since earnings are more open to manipulation based on dubious judgment calls.
The fight for lower costs in solar is a never-ending battle. Those who can lower costs will survive; those who can't are headed to the scrap heap. So every quarter we watch to see where costs are trending and who is moving into a better position in the industry. Where do we stand right now?