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News

Burmese Activists Seek Suspension of Chinese Natgas Pipeline Project

Burmese Activists Seek Suspension of Chinese Natgas Pipeline Project

Oct 08, 2011 at 08:51 | Joao Peixe

Following newly elected Burmese President Thein Sein’s decision to halt the Myitsone dam hydroelectric project on the Irrawaddy River, Burmese activists now want him to shelve the $1.5 billion Shwe…

Egypt Predicts New Israel Natural Gas Deal Shortly

Egypt Predicts New Israel Natural Gas Deal Shortly

Oct 06, 2011 at 19:32 | Joao Peixe

Egyptian Petroleum Minister Abdullah Ghorab said that his country will soon finish drafting a new contract for natural gas exports to Israel, adding that the new contract will include a…

Turkey to Continue Prospecting for Natural Gas off Northern Cyprus

Turkey to Continue Prospecting for Natural Gas off Northern Cyprus

Oct 06, 2011 at 19:31 | Charles Kennedy

The Turkish Piri Reis exploration vessel will continue its seismic research efforts off southern Cyprus, according to a Turkish official speaking on condition of anonymity. The Piri Reis has partially…

Spain Concerned it Might Lose Control of its Largest Oil Company

Spain Concerned it Might Lose Control of its Largest Oil Company

Oct 06, 2011 at 19:29 | Joao Peixe

Spain’s government is concerned that Repsol-YPF, Spain’s largest oil company could revert to foreign ownership. Madrid’s concerns have been heightened by recent international market trades that have resulted in 30…

Bulgarian Energy Minister Discusses Kazakh Energy Exports to Europe

Bulgarian Energy Minister Discusses Kazakh Energy Exports to Europe

Oct 06, 2011 at 19:28 | Charles Kennedy

Kairgeldy Kabyldin, president of Kazakhstan's oil and gas company KazMunaiGas discussed increasing Kazakh energy exports to Europe with Bulgarian Energy Minister Traycho Traykov during the latter’s visit to the Kazakh…

Nigeria: Rethinking the Atomic Power Project

Nigeria: Rethinking the Atomic Power Project

Oct 06, 2011 at 19:27 | Charles Kennedy

Despite the 11 March nuclear debacle at Japan’s Fukushima nuclear power complex, Nigeria is determined to press forward with its nuclear power agenda. On 15 September Nigerian President Goodluck Jonathan…

Fukushima Nuclear Plant has 38-Hour Margin for Meltdown

Fukushima Nuclear Plant has 38-Hour Margin for Meltdown

Oct 05, 2011 at 18:18 | Joao Peixe

The Tokyo Electric Power Co., still coping with the aftermath of the 11 March earthquake and tsunami that damaged its six-reactor Fukushima nuclear power complex, announced that if the water…

Nabucco Consortium Bids for New Azeri Natural Gas Production

Nabucco Consortium Bids for New Azeri Natural Gas Production

Oct 05, 2011 at 18:16 | Charles Kennedy

Nabucco Gas Pipeline International GmbH has submitted a comprehensive transportation proposal to the consortium developing Stage 2 of Azerbaijan’s offshore Caspian Shah Deniz natural gas field. Nabucco Gas Pipeline International…

Uganda’s Power Plants to Come Online by the End of the Year

Uganda’s Power Plants to Come Online by the End of the Year

Oct 05, 2011 at 18:14 | Charles Kennedy

In a significant development alleviating some of East Africa’s chronic electricity shortages, the 250 megawatt Bujagali Hydropower plant will bring its first 50 megawatt unit online in November, and the…

Shell Declares Force Majeure After Singapore Refinery Fire

Shell Declares Force Majeure After Singapore Refinery Fire

Oct 05, 2011 at 18:13 | Joao Peixe

In the wake of a massive inferno at its Singapore Pulau Bukom refinery, which processes 500,000 barrels a day, Shell declared force majeure, allowing it to void some of its…

Atomic Energy Agency to Help Vietnam Develop Nuclear Power

Atomic Energy Agency to Help Vietnam Develop Nuclear Power

Oct 05, 2011 at 18:12 | Charles Kennedy

International Atomic Energy Agency Director General Yukiya Amano told journalists that nuclear energy is not solely for advanced countries but also developing countries like Vietnam, which can implement and apply…

China to Cooperate with Iran in Building Wind, Solar Power Facilities

China to Cooperate with Iran in Building Wind, Solar Power Facilities

Oct 04, 2011 at 18:06 | Joao Peixe

The Deputy Governor-general of China's Hebei province Zhang Qingwei, following a meeting with the Governor-general of Iran's East Azerbaijan province Alireza Beigi, said that China was interested in joint venture…

Study of Wave Power as a Renewable Energy Source

Study of Wave Power as a Renewable Energy Source

Oct 04, 2011 at 18:04 | Joao Peixe

Japan’s 11 March nuclear debacle at Tokyo Electric Power Co.’s Fukushima six reactor complex has renewed Japan’s interest in alternative power sources. As an energy-poor nation, Tokyo is now re-examining…

Loss of Egyptian Natural Gas Supplies Costs Israel $2.68 Million Per Day

Loss of Egyptian Natural Gas Supplies Costs Israel $2.68 Million Per Day

Oct 04, 2011 at 18:03 | Charles Kennedy

The shutdown of Israeli imports of Egyptian natural gas through Egypt's $500 million East Mediterranean Gas Company Ltd. (EMG) pipeline is now costing the Israeli economy an estimated $2.68 million…

More Offshore Oil Reportedly Discovered in Ghana

More Offshore Oil Reportedly Discovered in Ghana

Oct 04, 2011 at 18:02 | Joao Peixe

Britain’s Tullow Oil Plc, has announced new oil find at its Enyenra-3A well in Ghana. Tullow Oil Plc is the lead partner in Ghana's massive offshore Jubilee oil field, Ghana's…

British Firm Seeks Nuclear Partnerships with India

British Firm Seeks Nuclear Partnerships with India

Oct 04, 2011 at 18:00 | Charles Kennedy

Britain’s Lloyd's Register, well known for its maritime interests, is reportedly close to signing a nuclear agreement with India. Lloyd's Register CEO Richard Sadler is currently in India to look…

Israel Takes Steps to Lessen Turkey’s Ability to Interfere with Oil Supply

Israel Takes Steps to Lessen Turkey’s Ability to Interfere with Oil Supply

Oct 03, 2011 at 18:27 | Joao Peixe

Israel’s relations with Turkey have deteriorated since 31 May 2010 when Israeli Naval Special Forces commandos killed nine activists, including eight Turkish citizens and U.S. national Furkan Dogan during a…

China Loans Tanzania $1 Billion for Natural Gas Pipeline

China Loans Tanzania $1 Billion for Natural Gas Pipeline

Oct 03, 2011 at 18:26 | Joao Peixe

Tanzania’s government has signed a loan agreement for more than $1 billion with the Chinese government to construct a natural gas pipeline from Mnazi Bay in Mtwara Region and Songo…

Argentina’s Largest Wind Farm in Patagonia Opens

Argentina’s Largest Wind Farm in Patagonia Opens

Oct 03, 2011 at 18:25 | Charles Kennedy

Argentinean President Cristina Fernandez has inaugurated the largest wind farm in Argentina in southern Patagonia. Patagonia’s Rawson Aeolic Park will eventually generate 80 megawatts of electricity, enough to supply 100,000…

Rwandan Power Plant will be Environmentally Friendly

Rwandan Power Plant will be Environmentally Friendly

Oct 03, 2011 at 18:24 | Joao Peixe

Rwandan Energy Minister Collette Ruhamya told journalists at the Nile Basin Discourse meeting that the country’s construction of the proposed 90 megawatt Rusumo hydroelectric power plant will be environmentally friendly.…

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