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Top 5 Risks To Oil Prices

While general sentiment suggests that…

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As Conflict Rages On, Russia Lands Oil Deals In Syria

Putin’s confidence in the Assad…

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Biofuels USA Opens Biodiesel Gas Station on Interstate-70

Aug 24, 2011 at 18:11 | Charles Kennedy

Biofuels USA has opened its new biodiesel station at exit 175 in New Florence, Missouri. The new facility offers prospective drivers a variety of homegrown biofuel choices for diesel vehicle…

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Brazilian Wind Energy Projects Advance in Government Auction

Aug 23, 2011 at 19:01 | Joao Peixe

Power auctions organized by Brazil’s government on 17 August have indicated the country’s growing interest in renewable power projects, particularly wind. Forty-four wind power projects with a total capacity of…

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Over 2 Million Mozambicans Using Renewable Energy

Aug 23, 2011 at 19:00 | Joao Peixe

Mozambican Energy Minister Salvador Namburete reports that over 2 million Mozambicans are now using renewable energy sources. Namburete said, "Currently, 30 percent of Mozambicans have access to electricity, being 20…

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South Korean and Indian Firms Team up to Build Power Plants

Aug 23, 2011 at 18:59 | Charles Kennedy

State-run Korea Electric Power Corp. subsidiary Korea East-West Power Co. Ltd. has signed an agreement with Sahara India Power Corp. Ltd. to collaborate in constructing and operating coal-fueled thermal plants…

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Uzbekistan Seeks Joint Uranium-Producing Project With China

Aug 23, 2011 at 18:57 | Joao Peixe

Last December Uzbekistan announced a program to attract $50 billion in direct foreign investment (FDI) into Uzbekistan within the next five years. Now Uzbekistan is seeking Chinese investment in the…

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Ghana's Gas Industry Nationalization Affecting LPG Supply

Aug 23, 2011 at 18:56 | Charles Kennedy

According to Ghana’s Alliance for Accountable Governance (AFAG), monopoly and nationalization in the country’s natural gas industry are responsible for the persistent shortages of liquefied petroleum gas in the country.…

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OPEC States that Venezuela has World’s Largest Oil Reserves

Aug 18, 2011 at 19:02 | Joao Peixe

The Organization of Petroleum Exporting Countries, a notoriously conservative organization, has stated that Venezuela has world’s largest oil reserves, even exceeding those of OPEC’s top producer, Saudi Arabia. Oil production…

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South Korea and Russia Discussions Progress on Natural Gas Pipeline

Aug 18, 2011 at 19:00 | Joao Peixe

In light of Pyongyang provisionally green-lighting the project, South Korea and Russia will discuss a natural gas pipeline transiting North Korea later this month. South Korean Foreign Ministry spokesman Cho…

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Chile Approves Controversial Massive Coal Mining Project

Aug 18, 2011 at 18:27 | Charles Kennedy

A Chilean high-level government commission has given final approval to the first of five mines, Mina Invierno, at Isla Riesco in the extreme south of Chile. The $530 million Isla…

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Vietnamese Five-Year Plan Envisages Dynamic Growth for PetroVietnam

Aug 18, 2011 at 18:26 | Charles Kennedy

Vietnamese Prime Minister Nguyen Tan Dung has approved a new national Five-Year Plan emphasizing PetroVietnam increased production. The new governmental dictates provide for the state-owned Vietnam Oil and Gas Group…

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