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News

Iranian Oil Minister States That Industry Needs Massive Investment

Iranian Oil Minister States That Industry Needs Massive Investment

Aug 08, 2011 at 21:11 | Joao Peixe

Denied funding by years of U.S. imposed sanctions, more recently strengthened by UN restrictions over the country’s nascent nuclear energy program, Iran’s energy sector is in need of massive capital…

Attack Destroys NATO Fuel Tankers in Pakistan

Attack Destroys NATO Fuel Tankers in Pakistan

Aug 08, 2011 at 18:48 | Joao Peixe

Sixteen tankers carrying oil for NATO troops in Afghanistan were destroyed by a bomb at a terminal on the outskirts of Peshawar, in the latest attack by militants aimed at…

Kenya develops unique Bio-Ethanol Gel Biofuel for Kitchen Use

Kenya develops unique Bio-Ethanol Gel Biofuel for Kitchen Use

Aug 08, 2011 at 18:47 | Joao Peixe

The bio-ethanol gel is an alternative biofuel developed by Consumer's Choice Limited to reduce Kenya’s reliance on imported petroleum. Consumer's Choice Limited business development manager Mohamed Kadhi said, "The…

Angola's Kambambe Dam Being Modernized

Angola's Kambambe Dam Being Modernized

Aug 08, 2011 at 18:45 | Charles Kennedy

Angola’s Kambambe dam, on the Kwanza River in Malanje province, currently capable of producing 45 megawatts, is installing more modern turbines. When the new turbines come online later this month,…

Iranian Company to Build 10 Power Plants in Iraq

Iranian Company to Build 10 Power Plants in Iraq

Aug 07, 2011 at 09:27 | Charles Kennedy

Iranian company Ego group is to build 10 electricity generating plants in Iraq. Following an agreement with the authorities of Diwaniyah in southern Iraq, the Iranian company Ego group will…

Energy Resources of Australia Uranium Reserves Cut 46 Percent

Energy Resources of Australia Uranium Reserves Cut 46 Percent

Aug 07, 2011 at 09:25 | Charles Kennedy

Since the 11 March Fukushima catastrophe, nuclear energy companies worldwide have been pummeled by the new market realities, as more and more countries turn away from nuclear power. Australia's…

Thailand, Cambodia Restart Talks on Overlapping Gas Claims

Thailand, Cambodia Restart Talks on Overlapping Gas Claims

Aug 06, 2011 at 10:41 | Joao Peixe

While international attention has largely focused on China’s disputes with its neighbors the Philippines, Taiwan, Vietnam, Malaysia and Brunei over the offshore riches of the contested Spratly islands, other energy…

China Introduces a Unified Grid Feed-in Tariff for Solar Power

China Introduces a Unified Grid Feed-in Tariff for Solar Power

Aug 06, 2011 at 10:39 | Charles Kennedy

China’s government has introduced a unified grid solar power tariff, which analysts believe may produce a quickened pace for introducing solar power to private residences, along with boosting the stock…

Lebanon’s Parliament Passes Maritime Border Law

Lebanon’s Parliament Passes Maritime Border Law

Aug 06, 2011 at 10:38 | Joao Peixe

Concerned about possible Israeli encroachment upon recently discovered offshore natural gas fields, Lebanon’s Parliament has passed draft legislation demarcating its maritime borders with Israel. The 18-article law was drafted in…

Pakistan Seeking Wavier on Iranian Natural Gas Pipeline Project

Pakistan Seeking Wavier on Iranian Natural Gas Pipeline Project

Aug 04, 2011 at 20:05 | Charles Kennedy

Pakistan had applied to Iran for a six-month wavier in beginning a bilateral natural gas pipeline project in order to avoid a $200 million penalty fee. The $3 billion Iran-Pakistan…

Russian Pipeline Monopoly in Legal Dispute with China

Russian Pipeline Monopoly in Legal Dispute with China

Aug 04, 2011 at 20:04 | Charles Kennedy

Following an impasse in negotiations between state-owned Russian pipeline monopoly Transneft and China Development Bank, Transneft is willing to repay early its $10 billion, 20-year loan from the China Development…

Despite Fukushima, Japan Still Bids for Turkish Contract

Despite Fukushima, Japan Still Bids for Turkish Contract

Aug 04, 2011 at 18:59 | Joao Peixe

Despite the March nuclear debacle at Japan’s Daichi nuclear power complex, Japan’s Tokyo Electric Power Company is continuing to bid for a Turkish nuclear power plant contract. According to…

Filipino Insurgents Oppose Privatization of Hydropower Facilities

Filipino Insurgents Oppose Privatization of Hydropower Facilities

Aug 04, 2011 at 18:57 | Joao Peixe

The Moro Islamic Liberation Front has expressed opposition to the privatization of the Agus and Pulangui hydropower plant facilities in Mindanao. The MILF has also urged the government to suspend…

Indian Company Investigating Seaweed as Possible Biofuel

Indian Company Investigating Seaweed as Possible Biofuel

Aug 04, 2011 at 18:56 | Charles Kennedy

An Indian startup company based in Chennai, having spent several fruitless years investigating microalgae, more commonly referred to as simply algae, as a possible source of biofuels, has turned its…

Australia Investigates Agave as a Super Biofuel

Australia Investigates Agave as a Super Biofuel

Aug 03, 2011 at 18:56 | Joao Peixe

A new study by University of Sydney and England's Oxford University researchers is investigating the possibility that the agave plant could be farmed as a fuel source in the Australian…

Mozambique Exports First Shipment of Biofuels to Europe

Mozambique Exports First Shipment of Biofuels to Europe

Aug 03, 2011 at 18:55 | Charles Kennedy

Sun Biofuels Mozambique has exported its first batch of 30 tons of jatropha oil, raised in the central Mozambique’s Manica province, to Europe for evaluation by the German airline Lufthansa.

Japan's Itochu Now Producing and Selling Bioethanol in Brazil

Japan's Itochu Now Producing and Selling Bioethanol in Brazil

Aug 03, 2011 at 18:12 | Joao Peixe

Itochu and New York- based Bunge Limited have started a joint venture company that is now producing and selling bioethanol in Brazil. The Itochu- Bunge Limited joint venture, Pedro…

U.S. Investing $9 Million in Israeli Alternative Fuels Start-Ups

U.S. Investing $9 Million in Israeli Alternative Fuels Start-Ups

Aug 03, 2011 at 18:11 | Charles Kennedy

The U.S. Department of Energy is making a $9 million investment in a joint Israeli-American venture to develop alternative fuels. Israel’s HCL Cleantech is joining forces with the American…

Brazil to Study Sugarcane for Jet Fuel Production

Brazil to Study Sugarcane for Jet Fuel Production

Aug 03, 2011 at 18:10 | Charles Kennedy

Brazil, Embraer and the Inter-American Development Bank have announced that they will jointly fund a sustainability analysis for producing renewable jet fuel using Brazilian sugarcane as a feedstock. Brazil…

US to Discuss Nuclear Cooperation with Saudi Arabia

US to Discuss Nuclear Cooperation with Saudi Arabia

Aug 02, 2011 at 19:38 | Joao Peixe

According to insiders in Washington speaking off the record, the United States is planning discussions with Saudi Arabia about civilian nuclear cooperation. The issue has already generated fierce criticism in…

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