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Oil Prices Rise As Supply Shrinks

Oil Prices Rise As Supply Shrinks

Oil prices rose early on…

Oil Slides As Russia Plans To Raise Production

Oil Slides As Russia Plans To Raise Production

Reports that Russia plans to…

News

Nigerian Government to Build Three Coal Power Stations

Nigerian Government to Build Three Coal Power Stations

Sep 12, 2011 at 18:16 | Joao Peixe

Nigerian Minister of Power Bart Nnaji said that the government will build three coal-fired power stations in Enugu, Kogi and Gombe states, each with a 3,000 megawatt capacity, to diversify…

Anglo-Turkish Genel Energy Increasing Presence in Northern Iraq

Anglo-Turkish Genel Energy Increasing Presence in Northern Iraq

Sep 12, 2011 at 18:14 | Charles Kennedy

Anglo-Turkish Genel Energy, soon to be led by former BP CEO Tony Hayward, is seeking to expand its presence in northern Iraq. Genel Energy, owned by Turkish businessman Mehmet Emin…

China’s Sinochem Interested in Investing in Alberta

China’s Sinochem Interested in Investing in Alberta

Sep 10, 2011 at 22:23 | Joao Peixe

Looking beyond Alberta’s rich deposits of oil sands, China’s state-owned Sinochem Group energy giant is looking to invest in the province’s rich oil and natural gas sector. Sinochem Group is…

India’s Nuclear Safety Regulatory Authority Bill Stirs Debate

India’s Nuclear Safety Regulatory Authority Bill Stirs Debate

Sep 10, 2011 at 22:22 | Charles Kennedy

The legislation proposes to establish a Council for Nuclear Safety under chairmanship of the Prime Minister and including several ministers to oversee and review national policies regarding radiation safety, nuclear…

Australian Firm to Provide Jatropha Biofuel to Lufthansa for Testing

Australian Firm to Provide Jatropha Biofuel to Lufthansa for Testing

Sep 10, 2011 at 22:20 | Joao Peixe

Australia’s Jatenergy Limited energy company is to provide crude jatropha oil to Lufthansa for flight trials. The Lufthansa tests are the world’s first, long-term trial of renewable jet fuel and…

Turkey Cautions Cyprus over Mediterranean Offshore Natgas Reserves

Turkey Cautions Cyprus over Mediterranean Offshore Natgas Reserves

Sep 08, 2011 at 20:01 | Joao Peixe

Turkish Energy Minister Taner Yildiz told reporters that “no one” should attempt to test either the Turkish government or the country's history, a less than veiled reference to the Republic…

Gazprom to Invest $100 Million in Kyrgyzstan

Gazprom to Invest $100 Million in Kyrgyzstan

Sep 08, 2011 at 20:00 | Charles Kennedy

State-owned Russian Federation natural gas monopoly intends to invest $100 million in prospecting for oil and natural gas deposits in Kyrgyzstan. Gazprom CEO Aleksei Miller told the press, “We intend…

Indonesian Company to Begin Exporting Coal to China

Indonesian Company to Begin Exporting Coal to China

Sep 08, 2011 at 19:59 | Charles Kennedy

Indonesia’s Medco Energi Internasional is shortly to start high-caloric thermal coal exports to China later this year. Medco Energi Mining Internasional chief executive Arie Prabowo Ariotedjo said of the exports,…

Kenyan Oil Pipeline Contract Canceled

Kenyan Oil Pipeline Contract Canceled

Sep 08, 2011 at 19:58 | Joao Peixe

The downfall of the Libyan regime of Colonel Muammar Gaddafi is impacting eastern Africa. Libyan firm Tamoil in 2007 was awarded a contract to construct the $300 million Eldoret Kampala…

UAE Calls for Comprehensive Regional Energy Strategy

UAE Calls for Comprehensive Regional Energy Strategy

Sep 08, 2011 at 19:57 | Joao Peixe

United Arab Emirates Assistant Foreign Minister Ahmad al-Jabir, special envoy for energy affairs and climate change, and chief executive officer of Abu Dhabi Future Energy Company (Masdar), has urged oil-exporting…

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