By Margot Roosevelt
The most likely place for oil in the Arctic is off northern Alaska in the Chukchi Sea, the researchers report. But conservationists warn of drilling in the fragile environment.
A full 30% of the world’s undiscovered gas and 13% of its undiscovered oil are estimated to be located north of the Arctic Circle, [...]
The company that runs the Thorp nuclear reprocessing plant admitted that it may have to close for a number of years owing to a series of technical problems.
The huge £1.8bn plant at Sellafield imports spent nuclear fuel from around the world and returns it to countries as new reactor fuel. But a series of catastrophic [...]
SYDNEY (Reuters) - Oil firms began restarting operations off western Australia on Wednesday after a cyclone passed through the region and forced the shutdown of production platforms accounting for nearly half of Australia’s oil output.
Separately, miner Rio Tinto Ltd/Plc (RIO.AX)(RIO.L) said it had restarted iron ore loading operations in western Australia’s Port Dampier after a [...]
By Sarah Thompson
Nov. 14 (Bloomberg) — U.K. stocks rallied, led by energy producers, as investors speculated the recent rout in commodity shares is overdone. BP Plc, Europe’s second-largest oil company, and Anglo American Plc gained.
The benchmark FTSE 100 Index added 150.38, or 3.6 percent, to 4,319.59 at 12:25 p.m., trimming its decline this week to [...]
Iran’s Oil Minister Gholam-Hossein Nozari says the country will boost its oil production to 5.3 million barrels per day by the end of 2010.
“Iran currently produces 4.35 million barrels of oil per day but the Oil Ministry intends to reach 5.3 million barrels per day by the end of the Fourth Five-Year Development Plan (2005-2010),” [...]
By Xinhua writer Yang Jianxiang
BEIJING, Oct. 4 (Xinhua) — It was a mid May night, and trucks queued up at a gas station by the East 5th Ring Road of Beijing. The line was several hundred meters long, blocking a lane of the main road. At the station, the oil nozzles were left idle [...]
By William Courtney And Kenneth Yalowitz
RUSSIA’S INVASION of Georgia in August inflicted a potentially severe blow to global energy security by threatening export routes for Caspian energy. Russian President Medvedev’s declaration on Aug. 31 that Moscow has “privileged interests” - read, a sphere of influence - in bordering countries underscores that Moscow’s [...]
Vienna, Oct 1 (PTI) With the Nuclear Suppliers Group (NSG) waiver under its belt, India today said it was looking forward to engage in global atomic trade and help developing countries achieve energy security through nuclear power.
“While development of such (international civil nuclear) cooperation will contribute to the strengthening of India’s energy security, India is [...]
Ukrainian Prime Minister Yulia Tymoshenko on Thursday arrived for energy talks with Russian counterpart Vladimir Putin, news agencies reported, after a domestic dispute almost scuppered her trip.
Tymoshenko and Putin were to hold talks on the sensitive topic of gas deliveries, the Ukrainian government said. The issue has caused Moscow to cut supplies to both Ukraine [...]
SNOHOMISH, Wash. — An eastern Washington county has started drying canola seed grown by local farms at a new $1.2 million facility, the first step toward making its own biodiesel.
Oil from the seeds will be refined into biodiesel, a renewable fuel derived from vegetable oils or animal fats, and used to power county vehicles.
The project [...]
