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The Biggest Loser Of The OPEC Deal

The Biggest Loser Of The OPEC Deal

The OPEC production cut deal…

Strong Oil Demand Growth Supports Oil At $70

Strong Oil Demand Growth Supports Oil At $70

Brent crude retreated a bit…

News

In the Aftermath of Fukushima, Japan Turns to Renewable Energy

In the Aftermath of Fukushima, Japan Turns to Renewable Energy

Aug 08, 2011 at 21:12 | Charles Kennedy

In the immediate aftermath of the 11 March nuclear catastrophe at Fukushima, which took six of Tokyo Electric Power Company’s offline, the Japanese government took immediate steps to conserve energy…

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…

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