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What’s Next for Copper Markets?

What’s Next for Copper Markets?

Copper prices have experienced significant…

The New Trucking Trend Transforming Chinese Oil Demand

The New Trucking Trend Transforming Chinese Oil Demand

China's booming sales of LNG-fueled…

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U.S. Crude Is Dominating Global Oil Markets

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News

Massive Growth for Indian Wind Energy Company Suzlon Energy

Massive Growth for Indian Wind Energy Company Suzlon Energy

Aug 01, 2011 at 18:39 | Joao Peixe

India’s Suzlon Energy, the world's fifth largest wind turbine supplier, today reported a net profit of $1.3 million for period April-June quarter of 2011-12. The profit represents a significant…

Australian Solar Power Moving Ahead, Albeit Slowly

Australian Solar Power Moving Ahead, Albeit Slowly

Aug 01, 2011 at 18:38 | Charles Kennedy

Australia’s solar market is sending mixed signals. Bearish analysts point out that that large-scale solar power investment will benefit significantly from either Australia’s 2020 renewable energy target (RET) or…

Solar Energy Receives Voter Support in Missouri

Solar Energy Receives Voter Support in Missouri

Aug 01, 2011 at 18:08 | Joao Peixe

Missouri’s solar rebate program, enacted by voters in Proposition C's Renewable Energy Standard, has survived legislative and legal challenges. Missouri’s Public Service Commission (PSC) voted unanimously to deny Ameren…

Japan's Nuclear and Industrial Safety Agency Criticized

Japan's Nuclear and Industrial Safety Agency Criticized

Aug 01, 2011 at 18:07 | Charles Kennedy

Japan's Economy, Trade and Industry Ministry has recently been questioning the wisdom about having the Nuclear and Industrial Safety Agency as a special organization in the Natural Resources and Energy…

UN Calls for Suspension of Giant Hydroelectric Dam in Ethiopia

UN Calls for Suspension of Giant Hydroelectric Dam in Ethiopia

Jul 31, 2011 at 00:24 | Charles Kennedy

The United Nations has come out in support of critics of Ethiopia's massive Gibe III hydropower project, calling for work to be suspended until the negative impacts of the dam…

Brazil, China Promote Partnerships in Renewable Energy Projects

Brazil, China Promote Partnerships in Renewable Energy Projects

Jul 31, 2011 at 00:23 | Charles Kennedy

The cooperation agreement between Brazil and China, through the China-Brazil Center for Climate Change and Innovative Energy Technologies, could yield benefits for Brazil, especially in the area of renewable energy,…

South Korea and India Sign Nuclear Energy Agreement

South Korea and India Sign Nuclear Energy Agreement

Jul 30, 2011 at 09:04 | Joao Peixe

South Korea and India signed a nuclear energy agreement on 25 July that will permit South Korean companies to enter India’s burgeoning nuclear energy market to construct nuclear power plants.…

Spain’s Repsol-YPF Earnings Hit by Libyan Civil War

Spain’s Repsol-YPF Earnings Hit by Libyan Civil War

Jul 30, 2011 at 09:03 | Joao Peixe

Repsol-YPF, Spain’s largest oil company, said its second-quarter earnings dropped 7.3 percent after refining margins narrowed and output declined because of the Libyan civil war. Repsol-YPF released a statement noting,…

Bangladesh Awards Gas Compressors Work to Russia’s Gazprom

Bangladesh Awards Gas Compressors Work to Russia’s Gazprom

Jul 30, 2011 at 09:01 | Charles Kennedy

Bangladeshi Prime Minister Sheikh Hasina has approved a proposal of Petrobangla to award the contract for installation of two gas compressors directly to Gazprom despite local firms also bidding on…

Kenya’s Consumers Soon to be Forced to Use Solar Energy

Kenya’s Consumers Soon to be Forced to Use Solar Energy

Jul 28, 2011 at 21:02 | Charles Kennedy

According to Kenya’s Energy Regulatory Commission (ERC), heavy domestic and industrial consumers of electricity will soon be required to use solar energy to heat water. The policy is meant…

EBRD Gives Ukraine Additional $100 Million for Chernobyl Work

EBRD Gives Ukraine Additional $100 Million for Chernobyl Work

Jul 28, 2011 at 21:01 | Charles Kennedy

In an eerie reminder of the ongoing cost of nuclear disasters in the wake on the 11 March Fukushima debacle in Japan, the European Bank for Reconstruction and Development has…

Shell Defends Sale of Nigeria Oil Blocs as Legal

Shell Defends Sale of Nigeria Oil Blocs as Legal

Jul 28, 2011 at 20:23 | Joao Peixe

Shell Petroleum Development Company of Nigeria Ltd (SPDC) has defended its decision to divest itself of some of its equity in oil concessions in Nigeria’s contentious Niger Delta region. SPDC…

Chinese Companies Compete for Power Plant Contracts in Poland

Chinese Companies Compete for Power Plant Contracts in Poland

Jul 28, 2011 at 20:22 | Joao Peixe

As if any proof is need of rising Chinese economic power in Europe, Chinese companies are now bidding for power plant contracts in Poland. During the Cold War and…

IMF Unhappy with Romania's State-Owned Companies Management

IMF Unhappy with Romania's State-Owned Companies Management

Jul 28, 2011 at 20:21 | Charles Kennedy

The sluggish reforms in Romania’s state-owned and run companies have raised tensions with one of the country’s main international financiers, the International Monetary Fund.Following a meeting with a visiting…

Nigeria, Iran Battle for OPEC's No.2 Position

Nigeria, Iran Battle for OPEC's No.2 Position

Jul 27, 2011 at 22:52 | Charles Kennedy

Iran retains its position as the second-largest producer in the Organization of Petroleum Exporting Countries, despite a recent OPEC report that Nigeria moved from the organization’s third to second place,…

Rwanda to Privatize Methane Gas Plant

Rwanda to Privatize Methane Gas Plant

Jul 27, 2011 at 22:51 | Charles Kennedy

Rwanda’s government is negotiating with an Israeli firm to lease its pilot methane plant on Lake Kivu in western Rwanda in an effort to increase the plant's electricity production capacity.…

Colombian Oil Workers Disrupt Production, Army Sent In

Colombian Oil Workers Disrupt Production, Army Sent In

Jul 27, 2011 at 22:48 | Joao Peixe

Striking Colombian oil workers last week disrupted production at Canadian Pacific Rubiales Energy Oil Company’s Campo Rubiales facility. The company estimates that production losses have amounted to 177,000 barrels of…

Romania's Attempt to Sell Minority Stock in Petrom Fails

Romania's Attempt to Sell Minority Stock in Petrom Fails

Jul 27, 2011 at 22:47 | Joao Peixe

Romanian President Traian Basescu believes that the government’s recent failed attempt to sell a minority stake in the Petrom oil corporation via a secondary offering, while disappointing, underlined that Romania…

Vietnam’s Prime Minister Approves 10-year National Power Plan

Vietnam’s Prime Minister Approves 10-year National Power Plan

Jul 27, 2011 at 22:46 | Charles Kennedy

Vietnamese Prime Minister Nguyen Tan Dung has approved an ambitious decade-long national power development plan that will attempt to boost Vietnam’s power production to 330 billion kilowatts by 2020. Under…

Mexico’s Pemex Now Third Largest Stock Holder in Repsol

Mexico’s Pemex Now Third Largest Stock Holder in Repsol

Jul 26, 2011 at 21:16 | Charles Kennedy

Mexico's Petroleos Mexicanos state oil monopoly, more familiarly known as Pemex, recently bought 825,150 shares in Spain’s Repsol YPF, S.A., increasing its stake in the Spanish company to 5 percent.…

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