energy news

This will be the first time an advanced biofuel has been used in the Shell V-Power race fuel used by technical partner Ferrari, in Formula One.

Siemens Energy has received an order for the supply of a compressor solution for the OPAL natural gas Baltic Sea pipeline link.

Eight businesses from across the UK have been crowned "Customer Kings" as Cisco announces the results of its search to find 2010’s best customer focused firms. Green Energy UK, an environmentally focused energy provider, claimed the prestigious accolade of being named ’Winner of Winners’, walking away with a £5,000 cash prize.

These include interests in ten exploration blocks in Brazil, including seven in the prolific Campos basin; a major portfolio of deepwater exploration acreage and prospects in the US Gulf of Mexico; and an interest in the BP-operated Azeri-Chirag-Gunashli (ACG) development in the Caspian Sea, Azerbaijan

Chevron Corporation (NYSE:CVX) enters the decade with an upstream portfolio of major capital projects that uniquely positions the company for future growth, executives said today at a meeting with financial analysts in New York.

A team of scientists at MIT have discovered a previously unknown phenomenon that can cause powerful waves of energy to shoot through minuscule wires known as carbon nanotubes. The discovery could lead to a new way of producing electricity, the researchers say.

IBM ( IBM) today announced it has built a solar cell -- where the key layer that absorbs most of the light for conversion into electricity, is made entirely of readily-available elements -- that set a new world record for efficiency and holds potential for enabling solar cell technology to produce more energy at a lower cost.

The Renault-Nissan Alliance today announced that Nissan is entering into an agreement with the City of Houston to advance zero-emission mobility in the city by promoting the development of an electric-vehicle charging network and policies to support widespread adoptions of electric cars.

The proposed purchase price is €180million (approximately US$251 million), in cash, subject to working capital adjustments.

After six years of unprecedented exploration of the Red Planet, NASA's Mars Exploration Rover Spirit no longer will be a fully mobile robot.

Shell, as lead operator, will hold a 45% share, with partner Petronas holding 30%. The Iraqi state holds 25% of the participating interests in all licences.

lstom and Schneider Electric are joining forces to launch a new venture capital fund to finance innovative start-ups in the fields of energy and the environment.

Audi is showing an uncompromising purist compact sports car with all-electric drive at the first major auto show of 2010. The Detroit showcar Audi e-tron is the name of this 3.93 meter (154.72 in) long and 1.78 meter (70.08 in) wide but just 1.22 meter (48.03 in) tall two-seater; just a few months after the debut of the Audi e-tron at the 2009 Frankfurt Motor Show, this is now the second electric concept vehicle from the brand with the four rings.

The researchers from the Mayo Clinic and the University of Iowa have new insight into an important "fuel gauge" in muscle. They've also uncovered evidence in mice that treatments designed to disrupt those so-called sarcolemmal ATP-sensitive K+ (KATP) channels specifically in muscles might allow us to control our weight by increasing the number of calories our muscles will burn with regular activity or exercise.

DONG Energy and Siemens Project Ventures (SPV), a Division company of Siemens Financial Services, have signed a Joint Venture contract to acquire a 50 percent stake of the offshore wind farm project Lincs, currently owned by UK energy company Centrica, against payment of 50 percent of the incurred development costs, currently estimated to EUR 55 million (GBP 50 million).

Global warming is causing climate belts to shift toward the poles and to higher elevations. To keep pace with these changes, the average ecosystem will need to shift about a quarter mile each year, says a new study by scientists at the Carnegie Institution at Stanford University and at the University of California, Berkeley.

LG Electronics (LG) announced today the launch of a new busi-ness initiative with the unveiling of a solar cell production line in Gumi, about 200 kilometers southeast of Seoul.

SAP AG (NYSE: SAP ) today announced that Valero Energy (NYSE: VLO) has signed a global enterprise agreement (GEA) with SAP that will create a tighter relationship between the two companies including a particular focus on collaboration on solution innovation and development over the next five years.

Deutsche Bank today announced the completion of a 250-kilowatt solar photovoltaic (PV) system at its Piscataway, NJ, office. The roof-mounted array will offset a portion of the facility’s electricity consumption and reduce its carbon emissions by 143 metric tons annually, equivalent to 16,232 gallons of gasoline.

As the first global open foresight programme the Future Agenda has begun by identifying 16 of the most pressing issues to face society over the next 10 years, irrespective of location, industry or financial stability, and has invited experts in each area to publish an initial point of view for others to comment upon.