Bahamas Energy News

Reliance Industries to acquire Carrizo Oil &Gas Company, Reliance is looking to buy its third company is dealings with gas for $392 million, the company tries to become more of a player in the world’s second largest energy consuming market the U.S.

After the high close of $77.58 Tuesday, oil prices continued with bullish momentum on Wednesday continued to drive crude to the $78 mark, as gains in stock markets globally help to push demand.

A group of protesting scientists hope to break into the global warming debate with a petition against the theory of human-driven global warming.

Taipei, May 13 (CNA) Dr. Michael Nobel, a great grand nephew of Alfred Nobel, founder of the Nobel Prize awards, urged Taiwan Tuesday to use modern technology to help conserve energy and reduce carbon emissions.

Michael Nobel, a great grand nephew of Alfred Nobel, founder of the Nobel Prize, said Wednesday that the quest for alternative energy should not overshadow the need for food production.

The president of Azerbaijan recevied delegates of the Nobel Charitable Trust. Future corporation between the Baku Nobel Heritage Fund, the Nobel Charitable Trust and the Azeri goverment was discussed.