PORT OF SPAIN, Trinidad – The prime minister of energy-rich Trinidad has told its citizens to expect cuts in government programs because of an anticipated loss of $1 billion due to the fall in prices of crude oil, natural gas and petrochemical products.
Prime Minister Patrick Manning told his country in a televised address Thursday night [...]

With the possible exception of Barack Obama’s puppy-anticipating daughters, no one is more eagerly awaiting the incoming Administration than the leaders of the renewable-energy industries. President-elect Obama campaigned on the promise to spend $150 billion over the next 10 years to support alternative energy, like wind and solar, as well as the green jobs that [...]

Terry Macalister
Shares in Britain’s largest coalmining company rise 10% on back of plans to build wind farms on former pit land
Over a dozen of the UK’s former coalmining sites are to be redeveloped as wind farms under a revolutionary energy scheme to turn old energy into new.
UK Coal, once the main part of the National [...]

By Sean Murphy, Associated Press Writer
Okla. House speaker unveils plan to give tax credit for installation of geothermal heat pumps
OKLAHOMA CITY (AP) – Oklahomans who buy geothermal heat pumps for their homes or businesses would receive a 5 percent state tax credit under a proposal unveiled Thursday by state House Speaker Chris Benge.
Benge, R-Tulsa, announced [...]

CARACAS, Venezuela – Prices for Venezuelan oil reached their lowest level in 22 months Friday as fears of a global recession stalled demand, slashing the main source of cash for President Hugo Chavez’s hefty state spending.
Venezuelan heavy crude dropped to an average $40.68 for the week ending Friday, less than a third of its $129.54 [...]

By Leony Aurora
Nov. 21 (Bloomberg) — Indonesia’s coal production growth will slow as the global credit crisis hampers expansion plans by the world’s biggest exporter of the fuel, Fitch Ratings said.
“Companies that had not secured long-term funding will likely have to cut back” on their spending, Jessie Wahab and Kalai Pillay at the ratings company [...]

Sanjay Jog
Notwithstanding the ongoing global meltdown, Deutsche Bank and BP are bullish on investment opportunities in India’s renewable sector.
Both Deutsche Bank and BP assert that though there may be financial problems in the short term, the situation will be quite comfortable in medium and long term for India’s renewable sector. The intentions of [...]

Felicity Williams
November 21, 2008 12:00am
A CENTRAL Victorian gold project may be sold so its owner can concentrate on developing Australa’s fourth uranium mine.
BusinessDaily can reveal Melbourne-based Alliance Resource’s preferred option is to offload the Maldon project - located 30km southwest of Bendigo - in return for shares in the acquiring company.
The miner is also considering [...]

Felicity Williams
November 21, 2008 12:00am
A CENTRAL Victorian gold project may be sold so its owner can concentrate on developing Australa’s fourth uranium mine.
BusinessDaily can reveal Melbourne-based Alliance Resource’s preferred option is to offload the Maldon project - located 30km southwest of Bendigo - in return for shares in the acquiring company.
The miner is also considering [...]

SHELTON, CONNECTICUT and TORONTO, ONTARIO–(Marketwire - Nov. 20, 2008) - OPEL International Inc. (TSX VENTURE:OPL) (”OPEL”), a leading global developer and supplier of concentrating photovoltaic panels (CPVs) and industrial solar systems, today announced it has installed and activated a 9.5 kW grid tied solar installation at The Sports Zone in Trumbull, CT.
The solar installation is [...]