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News

Qatar to Spend $20 Billion on Power Generation and Water Desalination

Qatar to Spend $20 Billion on Power Generation and Water Desalination

Feb 07, 2012 at 12:34 | James Burgess

According to a report released by Beltone Financial the Arab State of Qatar is predicted to spend more than $20 billion on power generation and water desalination over the next…

Pakistan Looks to Qatar for Help with Energy Crisis

Pakistan Looks to Qatar for Help with Energy Crisis

Feb 07, 2012 at 12:29 | James Burgess

87,000 Pakistanis currently work in the Arab kingdom of Qatar, contributing to its growing economy. On Monday, in an attempt to further strengthen the two countries relations, the Pakistani Prime…

Natural Gas Analysis for the Week of February 6, 2012

Natural Gas Analysis for the Week of February 6, 2012

Feb 07, 2012 at 07:50 | FX Empire

March Natural Gas “followed-through” to the upside last week after the previous week’s closing price reversal bottom if you consider a .0060 move through the previous high a follow-through rally.…

Saudi Aramco to Spend $200 Billion on Oil & Gas Investments Over the Next Decade

Saudi Aramco to Spend $200 Billion on Oil & Gas Investments Over the Next Decade

Feb 03, 2012 at 12:27 | Charles Kennedy

Saudi Aramco, the largest crude oil exporter in the world is to expand its refining capacity and increase its oil and gas exploration activities. The company has a $200 billion…

Nepal and Bangladesh to Establish Joint Venture 3,000 Megawatt Power Plant

Nepal and Bangladesh to Establish Joint Venture 3,000 Megawatt Power Plant

Feb 02, 2012 at 20:27 | John Daly

There is a tendency when considering massive power projects in the Third World to view them as ventures in which the host countries lack expertise, capital, or both, necessitating outside…

What is the Real Unemployment Rate?

What is the Real Unemployment Rate?

Feb 02, 2012 at 11:05 | Editorial Dept

Similar variations of this adjusted unemployment rate make headlines now and again. Our colleague Ed Luce, for instance, noted in December that “if the same number of people were seeking…

World's Largest Rare Earth Metal Refinery to Open in Malaysia

World's Largest Rare Earth Metal Refinery to Open in Malaysia

Feb 02, 2012 at 08:14 | James Burgess

China holds a global monopoly of rare earth metal, vital to smart phones, wind turbines, electric vehicles and many other components of the modern world. During a territorial dispute in…

GE to Build 150 MW Wind Farm in Kenya

GE to Build 150 MW Wind Farm in Kenya

Feb 02, 2012 at 08:13 | James Burgess

Kenya’s rapid economic growth is is causing its electricity demand to grow at about 14% per year. The country is heavily reliant on fossil fuel imports, but wants to develop…

Scientists Worried by the Rush to Develop Arctic Oil and Gas Resources

Scientists Worried by the Rush to Develop Arctic Oil and Gas Resources

Feb 02, 2012 at 08:11 | James Burgess

The Arctic is a goldmine of untapped resources. According to a 2008 estimate by the US Geological Survey it boasts 90 billion barrels of oil (13% of the world’s recoverable…

Azerbaijan in No Position to Capitalize on Proposed Iranian Oil Sanctions

Azerbaijan in No Position to Capitalize on Proposed Iranian Oil Sanctions

Feb 02, 2012 at 08:09 | Shahin Abbasov

Energy-rich Azerbaijan appears to be quietly backing the idea of tightened international sanctions against its southern neighbour, Iran. But it seems that Baku won’t profit from a potential European Union…


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