• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 10 days Does Toyota Know Something That We Don’t?
  • 4 days America should go after China but it should be done in a wise way.
  • 10 days World could get rid of Putin and Russia but nobody is bold enough
  • 37 mins "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 12 days China is using Chinese Names of Cities on their Border with Russia.
  • 1 hour The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 1 day Even Shell Agrees with Climate Change!
  • 2 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 4 days How Far Have We Really Gotten With Alternative Energy
  • 12 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 13 days Putin and Xi Bet on the Global South
Pakistan Considers Iran Gas Pipeline Restart Despite U.S. Sanctions

Pakistan Considers Iran Gas Pipeline Restart Despite U.S. Sanctions

Pakistan is contemplating restarting the…

Judge Halts Construction of Massive Amazon Dam

In a major victory for Brazilian environmentalists, Judge Carlos Castro Martins has suspended work on the $11 billion Belo Monte dam, stating that it could interfere with the flow of the Xingu River, located in Para State.

Martins rendered his decision in the wake of testimony from a fisheries group which argued that the Belo Monte dam would affect local fish stocks and could harm indigenous families who make a living from fishing, MercoPress news agency reported.

The Brazilian government has argued that the Belo Monte dam is a critical component in meeting Brazil’s growing energy needs.

Judge Martins ruled that the Norte Energia company behind the Belo Monte dam was to be barred from “building a port, using explosives, installing dikes, building canals and any other infrastructure work that would interfere with the natural flow of the Xingu river, thereby affecting local fish stocks,” noting that the building of canals and dikes could have negative repercussions for river communities living off small-scale fishing.

The Belo Monte dam, when completed, would be world’s third-largest hydroelectric energy producer. Another judge in February suspended work on the Belo Monte dam, but his ruling was subsequently overturned.

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News