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News & Updates

May 22, 2015 Cleanup of oil-fouled California beach could take months

Source: Reuters

The U.S. Coast Guard captain overseeing cleanup of oil spilled from a pipeline rupture that closed two California state beaches and fouled offshore waters near Santa Barbara said on Thursday it may take months to restore the area...

May 22, 2015 Kingdom built on oil foresees fossil fuel phase-out this century

Source: FT.com

Saudi Arabia, the world’s largest crude exporter, could phase out the use of fossil fuels by the middle of this century, Ali al-Naimi, the kingdom’s oil minister, said on Thursday.

May 21, 2015 These New Giant Wind Turbines Could Dramatically Change Energy Production In The U.S.

Source: Think Progress

A new report from the U.S. Department of Energy shows how advances in wind power technology and deployment will continue to make wind power cheaper and more accessible — and will make it possible to achieve at utility-scale...

May 21, 2015 BP settles oil spill-related claims with Halliburton, Transocean

Source: Reuters

BP Plc has settled with oilfield services provider Halliburton Co and contract driller Transocean Ltd cross claims related to the 2010 Gulf of Mexico oil spill, the worst offshore disaster in U.S. history.

May 21, 2015 Oil slicks spread 9 miles off California, foul beaches, air

Source: Miami Herald

More than 6,000 gallons of oil had been raked, skimmed and vacuumed from a spill that stretched across 9 miles of California coast in a cleanup effort that is now going 24 hours a day, officials said, but that’s just some of the...

May 20, 2015 Anti-Arctic drilling kayaktivists hold 'Shell No' protest

SEATTLE (AP) — Hundreds of activists decked out in neoprene wetsuits and life jackets took to the waters of Elliott Bay on Saturday in kayaks, canoes, paddleboards and other vessels to send the message that Royal Dutch Shell...

May 20, 2015 Why a New Age of Nuclear Energy Is About to Dawn

Source: TheFiscal Times

In a move that could signal trouble ahead for the anti-nuke crowd, uranium prices have posted remarkable strength in the past several weeks, trading close to $40 per pound in the spot market. That's up sharply from lows of $28...

May 20, 2015 Coal and home solar the big winners out of deal on renewable energy

The Age - Bloomberg îNew Energy Financeî said on Tuesday that the cut to the target would lead to $6 billion in lost investment for the renewables sector by 2020. But the industry, which has already seen investment...

May 20, 2015 Burst pipeline spills 21,000 gallons of oil into ocean off California

Source: Fox News

GOLETA, Calif. – An estimated 21,000 gallons of crude oil spilled into the ocean from a broken pipeline just off the central California coast before it was shut off on Tuesday, creating a spill stretching about 4 miles along the...

May 20, 2015 Coal giant exploited Ebola crisis for corporate gain, say health experts

Source: The Guardian

Public health experts outraged after world’s largest privately-held coal company, Peabody Energy, promotes its product in the fight against Ebola in Africa as part of a PR campaign to rebrand the fossil fuel as a solution to...

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