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Breaking News:

Oil Stabilizes On Small Crude Draw

Are Oil Markets At A Turning Point?

Are Oil Markets At A Turning Point?

Oil prices rebounded on Tuesday…

News

Canadian Nobel Laureates to Oppose Alberta Oil-Sands Expansion

Canadian Nobel Laureates to Oppose Alberta Oil-Sands Expansion

Oct 01, 2011 at 02:41 | Joao Peixe

Eight Nobel Peace Prize winners, including South Africa’s Archbishop Desmond Tutu, have signed an open letter requesting that Canadian Prime Minister Stephen Harper intervene to block the development of Alberta's…

World Bank Gives Kenya $110 Million for Power Projects

World Bank Gives Kenya $110 Million for Power Projects

Oct 01, 2011 at 02:38 | Charles Kennedy

The World Bank’s Multilateral Investment Guarantee Agency, or MIGA, has allocated $110 million to Kenya to finance increased production of geothermal power. The World Bank released a statement commenting, "MIGA…

Judge Halts Construction of Massive Amazon Dam

Judge Halts Construction of Massive Amazon Dam

Oct 01, 2011 at 02:37 | Charles Kennedy

In a major victory for Brazilian environmentalists, Judge Carlos Castro Martins has suspended work on the $11 billion Belo Monte dam, stating that it could interfere with the flow of…

Japan Offers Consultant Services for Vietnamese Nuclear Power Plant

Japan Offers Consultant Services for Vietnamese Nuclear Power Plant

Oct 01, 2011 at 02:36 | Joao Peixe

Electricity of Vietnam Group and Japan Atomic Power Company on 28 September signed a contract in the capital Hanoi for JAPC to consult on the construction of Vietnam’s first nuclear…

Iran building first heavy oil refinery on Qeshm island

Iran building first heavy oil refinery on Qeshm island

Sep 30, 2011 at 03:51 | Charles Kennedy

Iranian Oil Ministry head Mansour Bazmi said that Iran is constructing its first refinery capable of processing heavy crude oil on its Qeshm island in the Persian Gulf. The refinery…

Estimated Compensation for Fukushima Reactor Debacle Continues to Rise

Estimated Compensation for Fukushima Reactor Debacle Continues to Rise

Sep 30, 2011 at 03:49 | Joao Peixe

The Japanese government panel overseeing Tokyo Electric Power Co.'s financial standing has estimated that the utility could face more than $52 billion in compensation costs related to the 11 March…

Uzbekistan to Utilize South African Gasification Technology

Uzbekistan to Utilize South African Gasification Technology

Sep 30, 2011 at 03:48 | Joao Peixe

South African petrochemicals giant Sasol and its partners have signed an investment agreement with the government of Uzbekistan for the development and implementation of a gas-to-liquids (GTL) project in that…

Taiwan Interested in Indonesian Coal, Natural Gas Imports

Taiwan Interested in Indonesian Coal, Natural Gas Imports

Sep 30, 2011 at 03:47 | Joao Peixe

According to Taiwan’s Deputy Minister for Economic Affairs Sheng-Chung Lin, Taiwanese companies plan to buy more Indonesian coal and natural gas. Lin told journalists, “Indonesia is one of Taiwan’s most…

Chilean Company Farming Algae for Future Production of Bio-Fuels

Chilean Company Farming Algae for Future Production of Bio-Fuels

Sep 30, 2011 at 03:46 | Charles Kennedy

BAL Chile SA is currently farming algae on Chiloé Island eventually to produce bio-fuels for industrial use. BAL Chile SA CEO Benjamin González said, “Within the next five years we…

Canada’s British Columbia Urged to Support Renewable Fuels Sector

Canada’s British Columbia Urged to Support Renewable Fuels Sector

Sep 29, 2011 at 03:58 | Charles Kennedy

Canada’s British Columbia’s environmentally friendly energy output is currently taxed at the same level as the fossil fuels they aim to replace. The province nevertheless is in the forefront of…


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