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U.S. Pushes to Triple Nuclear Energy Production by 2050

U.S. Pushes to Triple Nuclear Energy Production by 2050

Michigan Governor Gretchen Whitmer's plan…

Debate Rages Over Global Oil Demand

Debate Rages Over Global Oil Demand

Easing inflation has boosted bullish…

News

Iran's Oil, LPG Exports to China Soar 49 Percent in Last 6 Months

Iran's Oil, LPG Exports to China Soar 49 Percent in Last 6 Months

Aug 31, 2011 at 19:07 | Charles Kennedy

China’s Customs Organization has announced, "This country's level of oil imports from Iran during the first half of 2011 reached 134.7 million tons, a growth of 49 percent in comparison…

Kim Jong Il Woos Russia as Potential Investor in North Korea

Kim Jong Il Woos Russia as Potential Investor in North Korea

Aug 31, 2011 at 19:05 | Charles Kennedy

Kim’s visit to Russia was shrouded in secrecy – as one Russian specialist on North Korea explained, "Judging by all indications, the whole thing is due to North Korea's habit…

Nigeria’s Power Sector Harshly Criticized

Nigeria’s Power Sector Harshly Criticized

Aug 31, 2011 at 19:04 | Charles Kennedy

Last month the U.S. ambassador to Nigeria, Terence McCulley bluntly told Nigeria’s Minister of Power Barth Nnaji that the United States would only invest in the nation's power sector if…

South Korea's Petroleum Products Exports Rise in July

South Korea's Petroleum Products Exports Rise in July

Aug 31, 2011 at 19:03 | Joao Peixe

According to the South Korean government, last month South Korea's exports of petroleum products, such as gasoline and diesel, surged 95.7 percent from a year ago. The exports were…

Iran Rejects International Mediators Uranium Exchange Proposal

Iran Rejects International Mediators Uranium Exchange Proposal

Aug 30, 2011 at 19:50 | Joao Peixe

Iran has refused to take part in international discussions on a proposal to freeze its civilian nuclear power uranium enrichment program and in turn to receive enriched uranium from abroad.…

American Elements Says That U.S. Needs a Strategic Metals Reserve

American Elements Says That U.S. Needs a Strategic Metals Reserve

Aug 30, 2011 at 19:48 | Charles Kennedy

American Elements president and chairman of the board Michael Silver is advocating that the Obama administration establish a U.S. Strategic Metals Reserve. As Silver envisages the repository, it would…

Brazilian Government to Reduce Ethanol Content of Gasoline

Brazilian Government to Reduce Ethanol Content of Gasoline

Aug 30, 2011 at 19:01 | Charles Kennedy

Brazilian Mines and Energy Minister Edison Lobao stated that the government will reduce the admixture of alcohol with gasoline provided to service stations from 25 to 20 beginning 1 October.

Baltic Nations to Work Together on Infrastructure Projects?

Baltic Nations to Work Together on Infrastructure Projects?

Aug 30, 2011 at 19:00 | Joao Peixe

Lithuania's Prime Minister Andrius Kubilius believes that the three former Soviet Baltic republics should coordinate their infrastructure development projects, telling reporters, "It is very good that electricity companies of countries…

Thailand's Former Finance Minister Urges Governmental Energy Review

Thailand's Former Finance Minister Urges Governmental Energy Review

Aug 30, 2011 at 18:59 | Charles Kennedy

Thailand’s former Finance Minister Korn Chatikavanij is urging that the new Pheu Thai-led coalition government to review its energy policy before motorists stop using the ethanol-gasoline blend currently in use…

Oil-Rich Mexico Now Imports 50 Percent of its Gasoline

Oil-Rich Mexico Now Imports 50 Percent of its Gasoline

Aug 29, 2011 at 19:14 | Charles Kennedy

According to the Petroleum Indicator of the Petroleos Mexicanos state oil monopoly, more familiarly known as Pemex, between January and July 2011, foreign gasoline purchases averaged 397,300 barrels per day,…

U.S. Pays Russia $7.2 billion for Separating Uranium from Warheads

U.S. Pays Russia $7.2 billion for Separating Uranium from Warheads

Aug 29, 2011 at 19:13 | Joao Peixe

Under terms of the U.S.-Russian two-decade old “megatons-to-megawatts” agreement, the United States Enrichment Corporation (USEC) has reimbursed the Russian Federation more than $7.2 billion for its work in separating fissile…

North Korean Leader Supports Russian Natgas Pipeline to South Korea

North Korean Leader Supports Russian Natgas Pipeline to South Korea

Aug 29, 2011 at 19:12 | Joao Peixe

North Korean leader Kim Jong Il, following a summit meeting with Russian Federation President Dmitry Medvedev in the Siberian city of Khabarovsk, has expressed support for a proposed Russian project…

Sri Lanka’s Electricity Board 2011 Losses Estimated at $118 Million

Sri Lanka’s Electricity Board 2011 Losses Estimated at $118 Million

Aug 29, 2011 at 19:10 | Charles Kennedy

The Ceylon Electricity Board (CEB) General Manager Nihal Wickremasooriya said that the company could lose up to $118 million in 2011 from a number of factors, including inclement weather. 

Iran States Uranium Enrichment Program for Medical Research

Iran States Uranium Enrichment Program for Medical Research

Aug 29, 2011 at 19:09 | Charles Kennedy

Seeking to quell international concern about Iran’s nuclear enrichment program, Iran's Atomic Energy Organization Director Fereydoon Abbassi stated that the country’s 20 percent uranium enrichment program is designed solely to…

Tajikistan to Proceed with Rogun Hydroelectric Dam

Tajikistan to Proceed with Rogun Hydroelectric Dam

Aug 28, 2011 at 09:41 | Joao Peixe

According to Tajikistan’s Finance Ministry, next year the government will assign more than $223 million of budgetary funds to continue construction of the Rogun hydroelectric facility. In a statement the…

South African Renewable Energy Projects to help Women

South African Renewable Energy Projects to help Women

Aug 28, 2011 at 09:39 | Joao Peixe

During a workshop for women organized by South African’s Department of Energy, Deputy Minister of Energy, Barbara Thomson said that government initiatives in renewable energy resources will assist women both…

Canada to Refurbish and Expand Argentinean Nuclear Power Plant

Canada to Refurbish and Expand Argentinean Nuclear Power Plant

Aug 27, 2011 at 08:13 | Charles Kennedy

Argentina has signed a $444 million contract with Canada’s SNC-Lavalin Group to renovate its Embalse Río Tercero nuclear plant. The SNC-Lavalin Group is Canada's top engineering firm. The Embalse Río…

SK Global Chemical Co. Building Petrochemical Plant in Singapore

SK Global Chemical Co. Building Petrochemical Plant in Singapore

Aug 27, 2011 at 08:12 | Charles Kennedy

South Korean chemicals maker SK Global Chemical Co. is to begin construction of a $2.4 billion petrochemical plant on Singapore's Jurong Island. The new facility is intended to serve as…

Nigeria is Africa's Largest Oil Exporter

Nigeria is Africa's Largest Oil Exporter

Aug 27, 2011 at 08:11 | Joao Peixe

The office of President Goodluck Jonathan's, summing up his first 100 days in office, declared that one of his administration’s achievements was Nigeria again retaining its position as Africa’s largest…

Mongolia's Energy Sector Booming

Mongolia's Energy Sector Booming

Aug 25, 2011 at 18:39 | Charles Kennedy

Mongolia’s rising mineral and fuel production is transforming the nation’s economy. The European Bank for Reconstruction and Development (EBRD) predicted last month that the economy will grow by 9 percent…

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