The European Commission has carried out surprise inspections at several major oil companies over possible price fixing in breach of EU anti-trust rules.
Business
May 15, 2013
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The surge in oil production in the U.S. and Canada and shrinking oil consumption in the developed world is transforming the global oil market. The threat of chronic oil shortages is all but gone, U.S. dependence on Middle ...
Energy & Green Tech
May 14, 2013
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It sounds like science fiction but a team from the University of Exeter, with support from Shell, has developed a method to make bacteria produce diesel on demand. While the technology still faces many significant commercialisation ...
Biotechnology
Apr 22, 2013
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East coast Australian cities could one day be linked by high speed rail, but with a price tag of $114 billion and a 40 year timeframe, according to a study released by the Transport Minister Anthony Albanese.
Engineering
Apr 11, 2013
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(Phys.org)—New research from Bath has explored the idea of treating carbon dioxide as a useful product rather than waste, by capturing it and converting it into useful chemicals and reducing the quantity of this greenhouse ...
Materials Science
Mar 1, 2013
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Oil supply related shocks which raise the price of oil decrease gross production in oil importing countries. On the other hand, oil demand related price shocks may even have a positive effect on the gross production of an ...
Economics & Business
Jan 15, 2013
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(Phys.org)—For some Americans, it is our energy dreams come true. To others, it is an environmental nightmare. Ever since a new drilling technology, called hydraulic fracturing or fracking, made it possible to extract natural ...
Environment
Dec 12, 2012
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(Phys.org)—Increasingly, U.S. firms are moving or considering moving their manufacturing operations back to domestic soil from overseas, finds a new study co-authored by a Michigan State University supply chain expert.
Economics & Business
Oct 1, 2012
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France said Wednesday it would reconsider its plans to further develop the use of biofuel, once seen as a potential source of cheap alternative energy but now blamed for soaring food prices.
Energy & Green Tech
Sep 12, 2012
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Researchers have taken a new look at an old, but seldom-used technique developed by the petroleum industry to recover oil, and learned more about why it works, how it could be improved, and how it might be able to make a ...
Materials Science
Aug 2, 2012
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