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| October 16, 2008 |
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Analysis: Venezuelan oil output way down Miami (UPI) Oct 15, 2008
Oil production has dropped dramatically in Venezuela since President Hugo Chavez assumed office a decade ago, according to a report. In 1998, a year before Chavez entered office, Venezuela was producing an estimated 3.2 million barrels a day, according to figures from the Organization of Petroleum Exporting Countries. Ten years later the output of South America's largest oil producer ... read moreAnalysis: Bank lending dirty or green?
Washington DC (SPX) Oct 16, 2008The developing world needs energy to alleviate poverty, but environmentalists say the type of projects supported by big investors like the World Bank perpetuate climate change, exacerbating the problem. The international financial institution, which provides capital for development initiatives, has come under fire lately for investing in fossil fuel-based projects. In fiscal year 2008 ... more |
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Analysis: Iraq welcomes oil firm bids
Baghdad, Iraq (UPI) Oct 15, 2008Iraq's Oil Ministry announced most of the details 35 of the world's largest oil companies were waiting for as the country begins to open the third-largest proven oil reserves in the world to foreign investors. Oil Minister Hussain al-Shahristani led a delegation to London to meet with pre-selected oil companies approved to bid on nearly 38 percent of Iraq's 115 billion barrels of oil. ... more 2008 Report On Wind Power Generation In United States
Dublin, Ireland (SPX) Oct 15, 2008Due to growing energy prices, uncertainties over fuel supply and concerns over climate change and global warming, policy makers in United States are forced to rethink the energy mix of the country and develop diverse sources of clean and renewable energy. In 2006, President Bush emphasized the need for greater energy efficiency and a more diversified energy portfolio. In line with this ... more Providing Power When There is None
College Park MD (SPX) Oct 15, 2008Imagine if electronic devices in the U.S. were disabled. Your car would not run. You couldn't make a phone call. Television, radio, GPS, computers and their related financial and military systems could be down. Power could be out for as long as two years. Sound far-fetched? A one-megaton nuclear bomb detonated 250 miles over Kansas could cripple many modern electronic devices and systems ... more OPEC Oil Output Down 340,000 b/d In September
London, UK (SPX) Oct 15, 2008The 13 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 32.47 million barrels per day (b/d) of crude oil in September, a Platts survey of OPEC and oil industry officials showed. This is down 330,000 barrels per day from August and reflects output declines in Saudi Arabia, Iraq and Angola. Excluding Iraq, the 12 members bound by production agreements ... more
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Dow Applies Sustainable Science To The Whole Building
Midland MI (SPX) Oct 14, 2008Green building design starts with a "whole building" approach to energy efficiency and sustainability, and Dow industry experts will be on hand to explain how at the 2008 GreenBuild International Conference and Expo, held in Boston from November 18-21. "Naturally, there is a tendency to focus on selecting individual products that will boost your LEED credits, but by looking at the whole ... more US Company Launches First-Ever All-Electric Motors For Boats
Los Angeles CA (SPX) Oct 14, 2008SolidNav has announced the company's official product awareness initiatives for bringing clean technology to the marine industry. As part of the company's official outreach program, SolidNav is introducing its "green" product line-up that includes the marine industries first American-made electric motor for sailboats and small watercraft -- the SolidNav Traveler and the SolidNav Explorer. ... more Analysis: Oil and Gas Pipeline Watch
Washinton DC (UPI) Oct 14, 2008Turkey to host pipeline soon. Without offering details, a top Western envoy for Eurasian energy said proposals would be signed to move gas through Turkey within six months. C. Boyden Gray, the U.S. special envoy for Eurasian energy, said an agreement could be signed in 2009 whereby Turkey hosts a gas transit route to bring natural resources to Europe, Trend Capital ... more Analysis: Ecuador threatens foreign oil
Miami (UPI) Oct 13, 2008 Ecuadorian President Rafael Correa has threatened to kick out foreign oil companies if they don't increase output in the coming weeks and months. Coming off a recent victory in a national referendum on a new constitution for the South American country, Correa warned foreign oil firms "not to play with fire" and increase oil output. If they don't, said the fiery leftist leader ... more
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