After throwing a wrench into Canada’s oil sands growth and messing up Alberta’s budget surplus, slumping oil prices are beginning to bite into the government budgets of many OPEC members, Tristone Capital Inc. said in a report.
By Philip PullellaThe Vatican was set to go green on Wednesday with the activation of a new solar energy system to power several key buildings and a commitment to use renewable energy for 20 percent of its needs by 2020.
Manitoba’s NDP government and the province’s hydro utility said Monday they have signed a deal to develop what would be the largest wind farm in Canada, near St. Joseph in southern Manitoba.
Russia is now lurching towards a major economic crisis, experts predicted today, following news that the price of oil had slumped to under $50 a barrel
The idea of tapping the ocean’s different thermal layers to generate electricity was first proposed in 1881 by French physicist Jacques d’Arsonval but didn’t receive much attention until the world oil crises of the 1970s.
Duke Energy has entered into an agreement with Wal-Mart, the largest retailer in the world, to provide electricity for its growing Texas market.
After some six months of leaks and previews, the long-awaited World Energy Outlook report from the International Energy Agency (IEA) is finally out. And in many ways, it is the bombshell we expected.
Two companies are doing two very different things to address the energy problem in America. How about a mini-reactor giving your neighborhood nuclear power? Or would you like thin fuel cell chips to give your gadgets juice?
The ocean harbors abundant energy in the form of wind, waves and sun. All of these could be sampled on something called an Energy Island: a floating rig that drills for renewables instead of petroleum.
A U.S. engineer says he’s developed a leak-proof carbon sequestration storage method that eliminates the risk of CO2 escaping via buoyancy.