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Energy Storage Could Emerge As The Hottest Market Of 2022

Energy Storage Could Emerge As The Hottest Market Of 2022

Energy storage is quickly emerging…

U.S. Rig Count Climbs As Shale Prepares For Takeoff

U.S. Rig Count Climbs As Shale Prepares For Takeoff

The number of active drilling…

The Nickel Supply Squeeze Could Send Prices Even Higher

The Nickel Supply Squeeze Could Send Prices Even Higher

Growing demand for electric vehicles…

News

$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…

Investors Considering Iran-Iraq-Syria-Europe Pipeline

Investors Considering Iran-Iraq-Syria-Europe Pipeline

Aug 09, 2011 at 21:46 | Joao Peixe

Iranian Deputy Oil Minister Javad Owji told reporters in Tehran, "Seven international investors have announced their readiness to finance, design, and construct the pipeline that will transport 110 million cubic…

France Investigates Producing Electricity from Ocean Tides

France Investigates Producing Electricity from Ocean Tides

Aug 09, 2011 at 21:44 | Charles Kennedy

Tidal energy proponents are optimistic that the French government strategy of "investments in the future" could by the end of the summer lead to governmental support for the France Ocean…

Samsung C&T awarded $3 billion Canadian contract

Samsung C&T awarded $3 billion Canadian contract

Aug 09, 2011 at 19:23 | Joao Peixe

South Korea’s trading and construction company Samsung C&T Corp., has signed a $3 billion contract to construct wind and solar energy power plants in Canada. According to the terms of…

Tanzania Improves Energy Efficient Stoves

Tanzania Improves Energy Efficient Stoves

Aug 09, 2011 at 19:22 | Charles Kennedy

A great deal of environmental damage is inflicted in Africa by people using local resources such as wood for cooking. Now, British company co2balance is introducing innovative energy efficient stoves…

Turkey to Host Iraqi Energy Conference

Turkey to Host Iraqi Energy Conference

Aug 09, 2011 at 19:21 | Charles Kennedy

London's Energy Exchange will host an Iraqi Energy Conference in Istanbul next month. The Energy Exchange issued a press release noting that the "Iraq 2011: Future Energy" four-day conference will…

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…

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