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News

Analysts Worry Korean Energy Policies Might Backfire

Analysts Worry Korean Energy Policies Might Backfire

Jun 20, 2011 at 21:31 | Joao Peixe

Analysts warn that South Korea might face a diplomatic backlash from placing its top foreign policy focus on securing energy resources from developing nations. So far this year South Korea’s…

Russia Unlikely to Join the International Energy Agency Soon

Russia Unlikely to Join the International Energy Agency Soon

Jun 20, 2011 at 21:19 | Charles Kennedy

Gazprom head Aleksei Miller has said that its unlikely that Russia will join the International Energy Agency anytime soon. Speaking on the sidelines of the St Petersburg economic forum Miller…

Colombia's Insurgents Target Energy Infrastructure

Colombia's Insurgents Target Energy Infrastructure

Jun 20, 2011 at 21:16 | Charles Kennedy

Colombia’s Fuerzas Armadas Revolucionarias de Colombia – Ejército del Pueblo, more commonly known by the acronym FARC, is the western hemisphere’s longest running guerrilla insurgency, dating from 1964. In its…

Pakistan's Fuel Scarcity and Unpaid Bills Shutter 12 Power Plants

Pakistan's Fuel Scarcity and Unpaid Bills Shutter 12 Power Plants

Jun 20, 2011 at 20:10 | Joao Peixe

Pakistan’s endemic power crisis has reached a new level, with ongoing fuel scarcities and unpaid bills leading to the temporary closure of 12 of the country’s power plants. During the…

Australia's Desalinization Plant Workers in Industrial Dispute

Australia's Desalinization Plant Workers in Industrial Dispute

Jun 20, 2011 at 20:09 | Charles Kennedy

Victoria state’s troubled Wonthaggi desalination project in Melbourne has undergone its most bitter industrial dispute yet, with a proposal for forced lay-offs sparking an unlawful sudden strike this past weekend…

Chinese Energy Workers in Somalia Threatened

Chinese Energy Workers in Somalia Threatened

Jun 19, 2011 at 18:20 | Charles Kennedy

The Ogaden National Liberation Front has warned Chinese energy exploration companies against operating in the Ogaden ethnic Somali regions currently under Ethiopian control. In an interview with Shabelle Media Network,…

Argentina Now Receiving 40 Percent of Chinese Regional Investments

Argentina Now Receiving 40 Percent of Chinese Regional Investments

Jun 19, 2011 at 09:28 | Joao Peixe

In Argentina Mandarin Chinese is now the main language in use in local petroleum companies, which are dominated by Chinese buyers. During the period June 2010 through May 2011 Argentina…

Chinese Dam and Pipeline Projects Raise Burmese Tensions

Chinese Dam and Pipeline Projects Raise Burmese Tensions

Jun 18, 2011 at 17:44 | Joao Peixe

Lucrative China-backed hydropower projects are raising tensions along Burma’s northern border with China. Environmental groups claim that the Burmese government's against armed ethnic groups along its northern frontier is intended…

Russia Remains Committed to Burgas-Alexandroupolis Oil Pipeline

Russia Remains Committed to Burgas-Alexandroupolis Oil Pipeline

Jun 18, 2011 at 09:36 | Charles Kennedy

Russian Deputy Energy Minister Anatoli Ianovskii told journalists during an Energy Ministry conference at the St. Petersburg Economic Forum that Russia remains committed to the Burgas-Alexandroupolis oil pipeline. Speaking at…

Russian Oil Company Lukoil Seeks Re-Entry to Iraq

Russian Oil Company Lukoil Seeks Re-Entry to Iraq

Jun 16, 2011 at 20:35 | Charles Kennedy

Russia, blindsided by the March 2003 U.S.-led invasion, is seeking to revive previous Iraqi opportunities. Excluded from Iraq by the U.S.-led March 2003 invasion, Russia’s Lukoil is planning to invest…

China Looks Increasingly Towards Renewables

China Looks Increasingly Towards Renewables

Jun 16, 2011 at 20:34 | Joao Peixe

The Offshore Wind China 2011 Conference and Exhibition is scheduled to be held at Shanghai New International Expo Centre on 15-17 June. The event is Asia's largest renewable wind-power event.…

Lithuania, U.S. Company Discuss Shale Gas Production

Lithuania, U.S. Company Discuss Shale Gas Production

Jun 16, 2011 at 19:33 | Joao Peixe

Lithuanian Energy Minister Arvydas Sekmokas disclosed on 14 June that he had held talks with a U.S. company about beginning shale natural gas production in the energy-poor Baltic state. Citing…

Following Fukushima, India Slows Nuclear Development

Following Fukushima, India Slows Nuclear Development

Jun 16, 2011 at 18:54 | Charles Kennedy

Resource-poor India proposes to increase its nuclear electrical power capacity to 63,000 megawatts by 2032. In the wake of Japan’s March Fukushima catastrophe New Delhi is reviewing its plans. Across…

Russian Expert Criticizes Bulgaria's Proposed Belene Nuclear Plant's Cost

Russian Expert Criticizes Bulgaria's Proposed Belene Nuclear Plant's Cost

Jun 16, 2011 at 16:34 | Charles Kennedy

One of the most contentious issues since the 1991 implosion of the USSR and the end of the Kremlin’s protectorate over Eastern Europe has been the fate of aging Soviet-era…

Debate Over Ethanol Subsidies Heats up in Washington

Debate Over Ethanol Subsidies Heats up in Washington

Jun 15, 2011 at 22:22 | Charles Kennedy

Washington currently provides approximately $5 billion worth of annual tax credits to U.S. farmers growing crops for ethanol production. The question of ending the subsidies is fracturing the Republican leadership…

Natural Gas Issues Inflame Palestinian-Israeli Dispute

Natural Gas Issues Inflame Palestinian-Israeli Dispute

Jun 15, 2011 at 21:13 | Charles Kennedy

Massive potential natural gas fields off the Gaza Strip in the Mediterranean are complicating Israeli and Palestinian peace negotiations. Earlier this week Israel's Ministry of National Infrastructure authorized Noble Energy,…

Zimbabwe's Biodiesel Industry in Trouble

Zimbabwe's Biodiesel Industry in Trouble

Jun 15, 2011 at 20:00 | Charles Kennedy

Biofuels have been heavily promoted in the hydrocarbon-poor third world as both a fuel source and a valuable earner of foreign currency. Now however, The Reserve Bank of Zimbabwe is…

Fallout From Fukushima Rattles Australia's Uranium Mining Industry

Fallout From Fukushima Rattles Australia's Uranium Mining Industry

Jun 15, 2011 at 19:44 | Charles Kennedy

The slow-motion Japanese Fukushima reactor debacle has sent ripples worldwide, with Germany, Switzerland and Italy all now deciding to exit nuclear power. The downturn in European interest in nuclear energy…

Pentagon’s

Pentagon’s "Operational Energy Strategy" Promotes Energy Reform

Jun 15, 2011 at 18:16 | Charles Kennedy

The U.S. Defense Department is the U.S. government’s largest energy consumer, using 300,000 barrels of oil (bpd) per day. Seeking changes in how it procures its energy supplies, the Pentagon…

Rosneft Confident Oil Pricing Dispute With China Resolved Soon

Rosneft Confident Oil Pricing Dispute With China Resolved Soon

Jun 15, 2011 at 13:59 | Charles Kennedy

China and Rosneft are disputing the price that the Russian company is to provide oil through its Eastern Siberia-Pacific Ocean (ESPO) pipeline, but Rosneft remains optimistic that the issue will…

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