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Global Oil Market on Edge Ahead of OPEC+ Meeting

Global Oil Market on Edge Ahead of OPEC+ Meeting

The global oil market awaits…

Europe’s Steel Industry Set for Major Shakeup

Europe’s Steel Industry Set for Major Shakeup

GFG Alliance, the parent company…

News

Zimbabwe’s Government Issues 20 Coal Exploration Licenses

Zimbabwe’s Government Issues 20 Coal Exploration Licenses

Sep 26, 2011 at 14:55 | Charles Kennedy

Zimbabwe, which currently imports virtually all of its oil needs, averaging roughly 14,000 barrels per day, is seeking to expand its indigenous energy resources, particularly coal. Zimbabwe’s Mines and…

India’s Government Postpones ONGC's Follow-On Public Offering

India’s Government Postpones ONGC's Follow-On Public Offering

Sep 26, 2011 at 14:54 | Joao Peixe

India’s government has deferred its planned follow-on public offering (FPO) of the state-run Oil and Natural Gas Corporation (ONGC). No reason was given for the decision. In a statement to…

Philippines Invests in Geothermal Energy

Philippines Invests in Geothermal Energy

Sep 26, 2011 at 14:52 | Charles Kennedy

The Philippines’ PetroEnergy Resources Corp. has signed an energy sales agreement with partner Trans-Asia Oil and Energy Development Corp. to purchase electricity generated by the 20 megawatt Maibarara geothermal project,…

Iran, Pakistan to Press Forward with Natural Gas Pipeline

Iran, Pakistan to Press Forward with Natural Gas Pipeline

Sep 25, 2011 at 06:24 | Charles Kennedy

Iran's Ambassador to Pakistan Mashallah Shakeri told an Iranian news agency that his nation has already prepared the necessary infrastructure to begin natural gas exports to Pakistan, adding that Tehran…

India Rankled by Western Criticism over Carbon Emission Goals

India Rankled by Western Criticism over Carbon Emission Goals

Sep 25, 2011 at 06:23 | Joao Peixe

Citing a developed world’s unwillingness to transfer technology to developing nations to counter rising global greenhouse gas emissions, India has criticized Western foot dragging over the issue.  Indian…

Turkey Signs Oil Agreement with Turkish Republic of North Cyprus

Turkey Signs Oil Agreement with Turkish Republic of North Cyprus

Sep 25, 2011 at 06:21 | Joao Peixe

The eastern Mediterranean’s offshore potential oil and natural gas assets are becoming an increasing multinational issue, with disputes arising between Israel, Lebanon, turkey and the Republic of Cyprus about how…

Brazilian University Developing First Nuclear Engineering Course

Brazilian University Developing First Nuclear Engineering Course

Sep 25, 2011 at 06:17 | Joao Peixe

Betting on the country’s nuclear future, Brazil’s Escola Politecnica da Universidade de Sao Paulo (Polytechnic School of the University of Sao Paulo, or Poli-USP) of Brazil's Universidade de Sao Paulo…

Romania’s Nuclear Power Plant Experiencing Technical Issues

Romania’s Nuclear Power Plant Experiencing Technical Issues

Sep 25, 2011 at 06:16 | Charles Kennedy

Romanian government officials said that the country’s Cernavoda nuclear power plant second reactor unit was closed due to “technical” issues for 36 hours, starting the evening of 16 September. 

Japan is capable of Replacing Nuclear Power with Renewables

Japan is capable of Replacing Nuclear Power with Renewables

Sep 17, 2011 at 13:58 | Joao Peixe

Former German Chancellor Gerhard Schroeder, a leading proponent of Germany phasing out nuclear power, has said that in the wake of Japan’s disastrous 11 March Fukushima nuclear accident that the…

India to Unveil its Nuclear-Capacity Addition Plan at IAEA Meeting

India to Unveil its Nuclear-Capacity Addition Plan at IAEA Meeting

Sep 17, 2011 at 13:57 | Charles Kennedy

India will disclose its plans to expand its civilian nuclear power generation programs at next week’s 55th annual International Atomic Energy Agency meeting in Vienna. India’s Atomic Energy Commission chairman…

Australia and U.S. Working Together on Renewable Aviation Fuels

Australia and U.S. Working Together on Renewable Aviation Fuels

Sep 17, 2011 at 13:55 | Joao Peixe

The U.S. Department of Transportation’s Federal Aviation Administration and Australia’s Department of Resources, Energy and Tourism have initiated a Memorandum of Understanding to continue and coordinate research on the development…

Iraq to Boost Oil Output to 3 Million Barrels a Day by Year End

Iraq to Boost Oil Output to 3 Million Barrels a Day by Year End

Sep 15, 2011 at 19:16 | Charles Kennedy

Addressing an energy conference in the Jordanian capital Amman, Iraqi Oil Minister Abdelkarim al-Luaybi said, "We seek with international companies to produce three million barrels per day (bpd) by the…

Russia’s Lukoil to Establish Solar Energy Plant in Uzbekistan

Russia’s Lukoil to Establish Solar Energy Plant in Uzbekistan

Sep 15, 2011 at 19:15 | Joao Peixe

Russian Lukoil president Vagit Alekperov said that his company intends to develop alternative energy projects in Uzbekistan. During the Soviet era, Uzbekistan was the USSR’s leading center for solar research…

Kenyan Solar Project to Provide Cheaper Energy to Manufacturers

Kenyan Solar Project to Provide Cheaper Energy to Manufacturers

Sep 15, 2011 at 19:14 | Charles Kennedy

Kenya’s Export Processing Zone Authority (EZPA) by 2013 will establish either a solar or biomass power plant costing $84 million to provide cheaper alternative energy to manufacturers in its zones.…

Canadian Company Strikes Oil in Argentina’s Neuquen Basin

Canadian Company Strikes Oil in Argentina’s Neuquen Basin

Sep 15, 2011 at 19:13 | Joao Peixe

Canada’s Americas Petrogas and joint venture partner Gran Tierra Energy made a “significant discovery of oil” in the first of three exploration wells drilled in its Rinconada Norte bloc concession…

Iran to Install Persian Gulf’s Largest Offshore Oil Platform

Iran to Install Persian Gulf’s Largest Offshore Oil Platform

Sep 15, 2011 at 19:11 | Charles Kennedy

Operations to install the P4 platform, built by Iranian experts, in Iran’s offshore Persian Gulf Reshadat oil field, 110km south west of Lavan island, will start next week. According to…

Russian Oil Major Rosneft and Energy Giant ExxonMobil to Cooperate

Russian Oil Major Rosneft and Energy Giant ExxonMobil to Cooperate

Sep 14, 2011 at 19:17 | Charles Kennedy

According to Russian oil major Rosneft head Eduard Khudainatov, his company and U.S. energy giant ExxonMobil will develop a detailed plan of joint projects by the end of the year.…

Iranian President Inaugurated New Hydroelectric Plant in Tajikistan

Iranian President Inaugurated New Hydroelectric Plant in Tajikistan

Sep 14, 2011 at 19:15 | Joao Peixe

On 12 September Iranian President Mahmoud Ahmadinejad along with Tajik President Emomali Rakhmon inaugurated Tajikistan’s new Sangtuda-2 hydroelectric power facility. Ahmadinejad said, "The Iranian and Tajik nations cannot be separated…

Israel’s Dimona Nuclear Research Center Retiring 500 Workers

Israel’s Dimona Nuclear Research Center Retiring 500 Workers

Sep 14, 2011 at 19:14 | Charles Kennedy

Israel’s Dimona Nuclear Research Center, site of the country’s first and only nuclear power plant, came online at some point between 1962 and 1964. The airspace over it is closed…

Indonesia’s PT PLN Urges BP Migas to Complete Gas Swap Agreement

Indonesia’s PT PLN Urges BP Migas to Complete Gas Swap Agreement

Sep 14, 2011 at 19:12 | Joao Peixe

Indonesia’s state-owned electricity company PT PLN has requested that upstream oil and gas regulator BPMigas swiftly complete a swap agreement to channel natural gas from BPMigas’ Grissik field in South…

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