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Does Extending The OPEC+ Deal Make Sense?

Does Extending The OPEC+ Deal Make Sense?

Crude prices leapt higher in…

Saudi Oil Minister: We Won’t Ramp Up Oil Production Soon

Saudi Oil Minister: We Won’t Ramp Up Oil Production Soon

Saudi Oil Minister Khalid al-Falih…

A New Middle East Mega-War Is Unfolding Right Before Our Eyes

A New Middle East Mega-War Is Unfolding Right Before Our Eyes

Iran is becoming increasingly aggressive…

News

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…

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