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EV Makers Are Desperate To Ditch Cobalt

EV Makers Are Desperate To Ditch Cobalt

Scarcity, price, and human rights…

Oil Prices Bounce Back Despite The OPEC+ Decision

Oil Prices Bounce Back Despite The OPEC+ Decision

Oil prices rose on Thursday…

Biden’s Blunder Could Send Oil Prices To $100

Biden’s Blunder Could Send Oil Prices To $100

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News

Australia's Otto Energy Ltd. Buys Out Filipino Partner in Galoc Oil Field

Australia's Otto Energy Ltd. Buys Out Filipino Partner in Galoc Oil Field

Aug 16, 2011 at 18:08 | Charles Kennedy

While China remains the dominant investor in acquiring Southeast Asian energy assets, Australia has begun to compete with Chinese dominance. Australia's Otto Energy Ltd. has bought the entire 68.62 percent…

Army Interest in Renewable Fuels Growing

Army Interest in Renewable Fuels Growing

Aug 15, 2011 at 19:21 | Charles Kennedy

On 10 August Secretary of the Army John McHugh announced the creation of a new Energy Initiatives Office Task Force, whose purpose is to assist the Army face challenges arising…

Iranian Oil Sales to India Decline

Iranian Oil Sales to India Decline

Aug 15, 2011 at 19:20 | Joao Peixe

Despite Iran’s eagerness to supply customers, Iranian oil sales this year have dropped to 18.5 million tons from last year’s exports of 21 million tons. Factors causing the decline include…

New Australian Green Initiative Threatens Property Values

New Australian Green Initiative Threatens Property Values

Aug 15, 2011 at 19:19 | Charles Kennedy

Australia’s federal government is considering introducing, possibly next year, mandatory energy star ratings for homes being sold or rented. Under the proposed system as currently envisaged, sellers and landlords would…

Duke Energy Announces Wind Farm for Willacy County in Texas

Duke Energy Announces Wind Farm for Willacy County in Texas

Aug 15, 2011 at 19:18 | Joao Peixe

Duke Energy has announced its intention to build a large-scale wind farm in Willacy County. When the 200-megawatt facility comes online, it will generate enough electricity to power roughly 60,000…

Turkish Government Releases Solar Energy Investment Plan

Turkish Government Releases Solar Energy Investment Plan

Aug 14, 2011 at 10:10 | Joao Peixe

Turkey’s Ministry of Energy’s nine-item solar energy action plan, covering 27 of the country’s provinces, includes eventual investments topping $2.8 billion, and published the plan in the Official Gazette. 

Vietnam receives $95 million loan to build Vung Ang power plant

Vietnam receives $95 million loan to build Vung Ang power plant

Aug 14, 2011 at 10:09 | Joao Peixe

The Japanese Bank for International Corporation and the Sumitomo Mitsui Banking Cooperation are providing a $95 million loan Vietnam National Oil and Gas Group (PetroVietnam) to build the Vung Ang…

Angola's State Oil Company Wants to Supply Zambia and Namibia

Angola's State Oil Company Wants to Supply Zambia and Namibia

Aug 13, 2011 at 10:25 | Charles Kennedy

Sociedade Nacional de Combustíveis de Angola, E.P., or Sonangol, is the Angolan state oil company, with the sole concession for oil and gas exploration in Angola’s subsoil and continental shelf.…

$10 Billion Yearly Investment Needed in Nigeria’s National Grid

$10 Billion Yearly Investment Needed in Nigeria’s National Grid

Aug 13, 2011 at 10:23 | Charles Kennedy

Nigerian Electricity Regulatory Commission Chairman Sam Amadi stated during an interview that in order to stabilize and improve the nation’s power grid, Abuja will need to make an annual investment…

Italian Companies Interested in Building Gas Pipeline Through Bosnia

Italian Companies Interested in Building Gas Pipeline Through Bosnia

Aug 13, 2011 at 10:21 | Joao Peixe

A memorandum of understanding was signed on the construction of a gas pipeline between Bosanski Brod and Zenica earlier this month. The best route for the projected pipeline increasingly…

Niger Republic to export gasoline to Nigeria

Niger Republic to export gasoline to Nigeria

Aug 11, 2011 at 19:24 | Charles Kennedy

Despite Nigeria being Africa’s leading exporter of crude oil, a lack of investments in the country’s refineries have left Africa’s most populous nation with chronic gasoline shortages.Now Nigeria is…

China's Shenhua Group Investing $8 Billion in Xinjiang Coal Projects

China's Shenhua Group Investing $8 Billion in Xinjiang Coal Projects

Aug 11, 2011 at 19:23 | Charles Kennedy

Shenhua Group Corp Ltd., China's biggest coal producer, will invest $8 billion in coal-to-oil conversion projects in the country’s western Xinjiang Uighur autonomous region. According to Shenhua Group Corp Ltd.,…

Russia and Turkmenistan to Partner in Offshore Oil and Gas Exploration

Russia and Turkmenistan to Partner in Offshore Oil and Gas Exploration

Aug 11, 2011 at 18:24 | Charles Kennedy

Russia’s Itera and Zarubehzneft have signed a Caspian production sharing agreement with Turkmenistan for exploring the country’s offshore Caspian sector for oil and natural gas. Itera general director Vladimir…

Turkey Amenable to South Korea's Nuclear Energy Proposals

Turkey Amenable to South Korea's Nuclear Energy Proposals

Aug 11, 2011 at 18:23 | Joao Peixe

Turkey’s Economy Minister Zafer Caglayan told reporters during a meeting with South Korean Knowledge Economy Minister Choi Joong-Kyung in Seoul, "My ministry and the Turkish government are open to every…

OECD Reports Most Active Nations in Environmental Research

OECD Reports Most Active Nations in Environmental Research

Aug 11, 2011 at 18:22 | Joao Peixe

According to a just released report by the Organization for Economic Cooperation and Development, New Zealand’s government is the world’s most environmentally friendly country for government sponsored research, spending 13.39…

BP Exploring for Oil in Namibia

BP Exploring for Oil in Namibia

Aug 10, 2011 at 19:46 | Charles Kennedy

BP has taken 25 percent equity in Chariot Oil & Gas' exploration license in Namibia’s Orange Basin.BP acquired its share through Enigma Oil and Gas Exploration, a wholly…

Nigeria Still Considering Nuclear Power

Nigeria Still Considering Nuclear Power

Aug 10, 2011 at 19:44 | Joao Peixe

Nigeria, Africa’s largest oil producer, is considering building nuclear power plants to alleviate the country’s chronic energy shortages, despite the negativity surrounding nuclear power in the aftermath of Japan’s March…

Biomass Plants Proposed to Dispose of Fukushima Disaster Debris

Biomass Plants Proposed to Dispose of Fukushima Disaster Debris

Aug 10, 2011 at 19:43 | Charles Kennedy

Japan’s Forestry Agency is considering building biomass power plants that can use timber from the thousands of houses that were destroyed by the massive 11 March tsunami. Senior vice minister…

Turkey to Hold Third Wind Power Congress

Turkey to Hold Third Wind Power Congress

Aug 10, 2011 at 19:42 | Joao Peixe

Next month the third international annual congress of Wind Power Turkey of the Turkish Wind Energy Association will be held in Istanbul European Wind Energy Association chief executive officer…

Leading Wind Turbine Maker to Establish Assembly Plant in Brazil

Leading Wind Turbine Maker to Establish Assembly Plant in Brazil

Aug 10, 2011 at 19:41 | Charles Kennedy

Danish wind turbine maker Vestas Wind Systems A/S is building its first assembly plant in Brazil, announcing in a statement, “The investment is included in Vestas's CAPEX program for 2011.”When…

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