A Wealth of New Uranium Deposits Discovered around the World

Posted by admin on May 3, 2012 under Global Energy | Comments are off for this article |

The Athabasca basin of Canada hosts some of the world’s largest and highest-grade uranium mines of similar aged rocks. Last week Fission Energy Corp. and its 50% joint venture partner ESO Uranium reported a significant anomalous radioactivity was encountered in the final hole of the companies’ Patterson Lake South property exploration program.Fission Energy Patterson Lake Uranium Prospect Property.The Fission exploration follows a find by Hathor Exploration Ltd..

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Loophole in US Sanctions Allows China to Trade Gold for Iranian Oil

Posted by admin on under Global Energy | Comments are off for this article |

As we all know by now, at the end of 2011 President Obama signed an act to impose trade sanctions on Iran in an effort to force economic pressure on the Persian nation with the hope that they will halt their nuclear enrichment program. The sanctions will punish any foreign financial institution which conducts transactions with Iran for its crude oil by cutting off that institution from the US financial system

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Peace Talks Ruined as Turkey Starts to Drill for Oil and Gas in Northern Cyprus

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Back in 1974 Turkey invaded the Greek island of Cyprus and took control of the north, claiming the region as the Turkish Republic of Northern Cyprus; a claim that is not recognised by any nation other than Turkey itself.Last year the internationally recognised government of Cyprus licensed the Texas-based Noble Energy to start exploring an offshore block for natural gas, discovering what is thought to be one of the largest finds in years. Turkey was outraged, wanting the find for themselves.The Turkish Prime Minister Tayyip Erdogan claimed that… Read more…

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New Propulsion System cuts Fuel Consumption of Cargo Ships by 75%

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I recently wrote an article about a hybrid propulsion system for cargo ships which used giant sails along with traditional diesel engines. International transport via shipping is very popular, and also very polluting. The hybrid design, using diesel engines and wind power, managed to reduce fuel consumption by 30%; a decent amount, and one which could reduce shipping costs, potentially reducing the price of many imported goods.However a group of engineers, from Gamma Light and Heavy Industries Ltd

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Kenyan Energy Companies sign Multimillion Dollar Geothermal Energy Deals

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Kenya currently receives most of its renewable power from erratic hydroelectric sources, which struggle to meet the nation’s energy demand, and supply varying levels of electricity to the grid.Now, two government-owned companies exploring the geothermal potential in Kenya have signed multimillion dollar deals to develop geothermal power plants in an effort to boost the country’s clean, reliable energy.Kenya Electricity Generating Company (Kengen) and Geothermal Development Company (GDC) have been exploring geothermal sources, mainly… Read more…

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India’s Traditional Power Sources on Razor Edge of Supply

Posted by admin on May 2, 2012 under Global Energy | Comments are off for this article |

The biggest economic story of the 21st century has been the dramatic emergence in the last decade of the “BRICs” – Brazil, Russia, India and China.Their dramatic emergence onto the world’s global economic stage has produced a middle class in all BRIC countries, whose growing clout wants reliable 24/7 power.

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Big Brother is Bipartisan, Good to Know

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Now that the House of Representatives has approved a controversial bill on cyber security, which the White House has promised to veto, the ball is in the Senate’s court, which would propose a much harder-hitting bill if it could muster the support. The House (Republican-controlled) approved the Cyber Intelligence Sharing and Protection Act (CISPA) late last week, in a bipartisan 248-168 vote after five hours of debate over the technicalities of a bill that would allow and encourage companies to share electronically collected information with… Read more…

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Is Constant Economic Growth Possible?

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If we read the financial pages, economic growth seems to be viewed as the “normal” situation to which economies inevitably return. But is it really?If we look back over the past 50 years, or even over the past 100 years, economic growth has predominated. Over the longer term, we know that people have become more prosperous, and that world population has grown.  The natural assumption is that economic growth will continue in the future as it has in the past.Let’s think about this a little further

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Wind Farms do NOT Contribute to Global Warming

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There are many scientific studies into global warming and climate change, but the only knowledge that many of us have of these studies is from reports and articles in the news. Public opinion is therefore influenced mainly by the second hand information, rather than the facts direct from the source

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Renewable Energy Push could Cost Fossil Fuel Industry $4 Trillion

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If we have any intention to save the planet and allow it continue to be an environment that can support life in the future then it is pretty much the general consensus that we must develop and invest in clean, renewable energy. Yet the fossil fuel industry throws millions into campaigns against renewable energy, and promoting oil and coal as the energy sources that we should be supporting.The IEA 2012 report on global progress on cutting greenhouse gases to prevent the worst effects of climate change includes an analysis of the financial costs… Read more…

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