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OPEC Is Betting Big On Robust Oil Demand Recovery

OPEC Is Betting Big On Robust Oil Demand Recovery

Last week’s surprise decision from…

Blackrock Investment Guru Busts The ESG Investing Myth

Blackrock Investment Guru Busts The ESG Investing Myth

Blackrock’s former chief of investment…

Goldman Sachs: Return Of Iranian Oil Won't Shock Markets

Goldman Sachs: Return Of Iranian Oil Won't Shock Markets

Iranian oil potentially returning legitimately…

News

Argentina to Import Three Times More Natural Gas Than in 2010

Argentina to Import Three Times More Natural Gas Than in 2010

Sep 07, 2011 at 20:00 | Joao Peixe

Argentina is on schedule to import 66 liquefied natural gas cargoes in 2011, three times the amount it purchased in 2010. Argentina has two liquefied natural gas (LNG) import terminals…

Gazprom May Suspend $2.5 Billion Gas Project in Nigeria

Gazprom May Suspend $2.5 Billion Gas Project in Nigeria

Sep 07, 2011 at 19:58 | Charles Kennedy

Due to the Nigerian government’s ongoing delay in passing the Petroleum Industry Bill (PIB), Russian state-owned natural gas company Gazprom may suspend its investment in a $2.5 billion natural gas…

U.S. Govt Considering Funding Pakistan’s Diamer-Bhasha Dam

U.S. Govt Considering Funding Pakistan’s Diamer-Bhasha Dam

Sep 07, 2011 at 19:57 | Joao Peixe

A senior official in Pakistan’s Finance Ministry, speaking on condition of anonymity, said that the U.S. government is considering providing $1 billion for Pakistan’s Diamer-Bhasha dam over a period of…

Ukraine Invites Russian Participation in Gas Company Restructuring

Ukraine Invites Russian Participation in Gas Company Restructuring

Sep 06, 2011 at 18:45 | Charles Kennedy

Russia and Ukraine have sparred for years over transit issues of Russian natural gas using Ukraine’s pipeline network to supply is European customers. Last week Ukraine announced that it was…

Britain Helping Tajikistan Protect Radioactive Waste Storage

Britain Helping Tajikistan Protect Radioactive Waste Storage

Sep 06, 2011 at 18:40 | Joao Peixe

The United Kingdom has brought online Tajikistan’s first site to house radioactive material in Tajikistan. Tajikistan has massive uranium fields which were developed The storage facility was constructed in…

Official States that Indian Nuclear Program Self Sufficient

Official States that Indian Nuclear Program Self Sufficient

Sep 06, 2011 at 18:39 | Charles Kennedy

India’s extraordinary economic growth includes a contentious civilian nuclear program, as New Delhi has not signed the NPT. India’s indigenous nuclear energy program is nevertheless proceeding. Indian Space…

Ukraine to Review Natural Gas Transit Agreements with Gazprom

Ukraine to Review Natural Gas Transit Agreements with Gazprom

Sep 05, 2011 at 19:21 | Charles Kennedy

Russia's state monopoly Gazprom is nervously contemplating change is in its transit agreements with Ukraine for delivering its natural gas to Eastern European customers. Ukrainian Prime Minister Mykola Azarov announced…

Argentina’s Biofuel Industry Sets New Records for 2011

Argentina’s Biofuel Industry Sets New Records for 2011

Sep 05, 2011 at 18:26 | Charles Kennedy

Argentinean biofuel production, domestic consumption and exports all set new records in the second quarter of 2011.  During the second quarter of 2011 Argentinean biofuel production averaged 209,486…

Foreign Companies Apply for Czech Shale Gas Exploration Permits

Foreign Companies Apply for Czech Shale Gas Exploration Permits

Sep 05, 2011 at 18:25 | Joao Peixe

Following the lead of neighboring Poland, where shale gas exploration is already under way, foreign and local companies have applied for exploration permits in the Czech Republic.  Current…

Iranian Ambassador to the IAEA Says Report Shows Iranian Cooperation

Iranian Ambassador to the IAEA Says Report Shows Iranian Cooperation

Sep 05, 2011 at 18:23 | Charles Kennedy

According to Ali Asghar Soltaniyeh Iranian ambassador to the International Atomic Energy Agency, IAEA Director General Yukiya Amano's latest report on Iran's nuclear program show that the country is cooperating…

$2.7 Million Solar Panel Factory Opens in Naivasha, Kenya

$2.7 Million Solar Panel Factory Opens in Naivasha, Kenya

Sep 04, 2011 at 09:47 | Joao Peixe

Ubbink East Africa has built a $2.7 million solar panel factory in Naivasha, Kenya. Ubbink East Africa Managing Director Haijo Kuper said during the official opening ceremony that the company…

Shell May Score Inside Track on Iraqi Natural Gas Deal

Shell May Score Inside Track on Iraqi Natural Gas Deal

Sep 03, 2011 at 10:55 | Charles Kennedy

Multinational giant oil firms, including Royal Dutch Shell, BP, United States-based Exxon, China's State-owned China National Petroleum Corp. (CNPC) and Italy's Eni signed technical service contracts to develop three oilfields…

Panama Has an Estimated 900 Million Barrels of Oil in Two Basins

Panama Has an Estimated 900 Million Barrels of Oil in Two Basins

Sep 03, 2011 at 10:50 | Joao Peixe

Panama’s National Energy Secretariat has announced that 900 million barrels of oil have been detected at two basins in eastern Panama, representing a potential contribution to the Panamanian Treasury of…

India's Atomic Fuel Reprocessing Capacity to be Upgraded

India's Atomic Fuel Reprocessing Capacity to be Upgraded

Sep 01, 2011 at 19:27 | Joao Peixe

India's Atomic Energy Commission reported that the country’s nuclear fuel reprocessing capacity will be greatly upgraded in order to provide for the nation’s indigenously designed Fast Breeder Reactors (FBRs), which…

Mongolia Seeking to Float Coking-Coal IPO in Three Financial Centers

Mongolia Seeking to Float Coking-Coal IPO in Three Financial Centers

Sep 01, 2011 at 19:26 | Joao Peixe

Mongolian government officials, speaking on condition of anonymity, have said that the government is preparing to issue an initial public offering or initial purchase offer (IPO) for the country’s Tavan…

California Governor Jerry Brown Urges Action on Clean Energy

California Governor Jerry Brown Urges Action on Clean Energy

Sep 01, 2011 at 19:24 | Charles Kennedy

Speaking at the fourth annual National Clean Energy Summit in Las Vegas, California Governor Jerry Brown urged attendees to boost efforts to promote clean, renewable energy sources. Brown said, "Climate…

$1.3 billion Indian Wind Power Plan to Power 225,000 Australian Homes

$1.3 billion Indian Wind Power Plan to Power 225,000 Australian Homes

Sep 01, 2011 at 19:23 | Charles Kennedy

India’s wind-power company Suzlon Energy, one of the world’s largest, is planning a $1.3 billion project in regional South Australia. The wind farm, if built, will generate enough electricity to…

Iranian Tax Official Says VAT for Oil Products Did Not Materialize in 2010

Iranian Tax Official Says VAT for Oil Products Did Not Materialize in 2010

Sep 01, 2011 at 19:21 | Joao Peixe

Taxation Affairs Organization for Value-Added Tax (VAT) deputy head Mohammad-Qasem Panahi has lamented his organization’s ability to collect revenue. Panahi said during an interview, "The total VAT revenue, including tax…

WikiLeaks Cable Suggests USA Supported Removing Gas Trader

WikiLeaks Cable Suggests USA Supported Removing Gas Trader

Aug 31, 2011 at 19:08 | Joao Peixe

On 8 January 2008 the U.S. ambassador to Ukraine William Taylor wrote in a dispatch published on the WikiLeaks website, "(Former Prime Minister Yulia) Tymoshenko has declared her intention to…

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…

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