Charles is a writer for Oilprice.com
American Elements president and chairman of the board Michael Silver is advocating that the Obama administration establish a U.S. Strategic Metals Reserve. As Silver envisages the…
Brazilian Mines and Energy Minister Edison Lobao stated that the government will reduce the admixture of alcohol with gasoline provided to service stations from 25…
Thailand’s former Finance Minister Korn Chatikavanij is urging that the new Pheu Thai-led coalition government to review its energy policy before motorists stop using the…
According to the Petroleum Indicator of the Petroleos Mexicanos state oil monopoly, more familiarly known as Pemex, between January and July 2011, foreign gasoline purchases…
The Ceylon Electricity Board (CEB) General Manager Nihal Wickremasooriya said that the company could lose up to $118 million in 2011 from a number of…
Seeking to quell international concern about Iran’s nuclear enrichment program, Iran's Atomic Energy Organization Director Fereydoon Abbassi stated that the country’s 20 percent uranium enrichment…
Argentina has signed a $444 million contract with Canada’s SNC-Lavalin Group to renovate its Embalse Río Tercero nuclear plant. The SNC-Lavalin Group is Canada's top…
South Korean chemicals maker SK Global Chemical Co. is to begin construction of a $2.4 billion petrochemical plant on Singapore's Jurong Island. The new facility…
Mongolia’s rising mineral and fuel production is transforming the nation’s economy. The European Bank for Reconstruction and Development (EBRD) predicted last month that the economy…
South Korean President Lee Myung-bak is currently visiting Kazakhstan. In one result of Lee’s visit, South Korea and Kazakhstan have signed agreements for two $4…
Azerbaijan’s State Customs Committee reported that during the period January-June 2011, crude oil made up 86.23 percent of Azerbaijan’s exports and oil products, 5.57 percent.…
Iran’s Kish Island International Oil Bourse (IOB), which opened last month, has completed its first oil transaction after its official opening earlier this month. The…
Buoyed by record world prices for rare earth elements (RREs), North Korea has begun seeking deposits on its territory to help with its chronic international…
Biofuels USA has opened its new biodiesel station at exit 175 in New Florence, Missouri. The new facility offers prospective drivers a variety of homegrown…
State-run Korea Electric Power Corp. subsidiary Korea East-West Power Co. Ltd. has signed an agreement with Sahara India Power Corp. Ltd. to collaborate in constructing…
According to Ghana’s Alliance for Accountable Governance (AFAG), monopoly and nationalization in the country’s natural gas industry are responsible for the persistent shortages of liquefied…
A Chilean high-level government commission has given final approval to the first of five mines, Mina Invierno, at Isla Riesco in the extreme south of…
Vietnamese Prime Minister Nguyen Tan Dung has approved a new national Five-Year Plan emphasizing PetroVietnam increased production. The new governmental dictates provide for the state-owned…
West Australian Premier Colin Barnett stated that the territory’s proposed coal-seam natural gas mining will be one of Australia’s biggest environmental potential threats and supported…
Dubai’s Supreme Council of Energy, the government entity setting energy policy, has announced that utility tariffs would remain at current levels for the next several…