South Korea today announced a massive investment plan to build more power plants, including 12 new nuclear reactors in the next four years, to meet growing energy demand.
It plans to spend 37 trillion won ($28.5 billion) between 2009 and 2022 constructing 12 commercial reactors and 19 thermoelectric power plants, the ministry of knowledge economy said [...]
By H. JOSEF HEBERT • Associated Press • November 13, 2008
WASHINGTON — The dramatic drop in world oil prices means a break this winter in heating costs, although households will still be paying more than they did last winter, the government says.
Gasoline prices, which have declined by nearly 50% since July, are expected to remain [...]
Biofriendly’s Combustion Catalyst Proven to Reduce Harmful Emissions
COVINA, CA, Nov 10, 2008 (MARKET WIRE via COMTEX) — Biofriendly Corporation announced today that its Green Plus(R) liquid combustion catalyst has been proven to reduce harmful emissions from coal-fired power plants. In addition, trials have shown an improvement in thermal efficiency that result in [...]
JAKARTA, WEDNESDAY - Sales type fuel oil pertamax concomitant increase in the price of fuel continues to decrease non-subsidized it. In some retail outlets in Jakarta pertamax sales rose about 30 percent. Price pertamax currently only Rp 7 per thousand liters, almost closer premium fuel price of Rp 6 per thousand liters.
According to head [...]
JAKARTA, WEDNESDAY-Pertamax Pertamina decrease in the price of fuel oil to make nonsubsidi oil good in sale, which is the only Premium. It also makes some foreign retail outlets, owned by Shell and Petronas, increasingly compete for consumers to get fix the price of the lowest.
This allowed Head Bussiness Development Petronas, Vishnu Widijoko [...]
By Adam L. Freeman and Tommaso Ebhardt
Nov. 3 (Bloomberg) — A group of Italian and international investors may offer to buy a refinery in northern Italy owned by Eni SpA, the country’s biggest energy company, according to a petroleum industry trade association.
The investors are seeking a meeting soon with Eni Chief Executive Officer Paolo Scaroni [...]
Alfian, The Jakarta Post, Jakarta
Following the issue of a government regulation mandating the use of biofuel in all sectors, state power company PT PLN has started to operate a power plant fired by crude palm oil (CPO) which it claims to be the first of its kind in the Asia Pacific region.
PLN’s director Murtaqi Syamsuddin [...]
By H. JOSEF HEBERT
WASHINGTON (AP) — It’s an attention-grabbing claim: Americans each year are sending $700 billion to unfriendly countries for oil, as much as the entire cost of the Wall Street bailout plan. In rare agreement, both presidential candidates use the number. But is it real?
“We have to stop sending $700 billion a year [...]
Written by Richard Uku
September 19, 2008: Few infrastructure services in the developed world may be as overlooked as electricity.
To consumers in industrialized countries, uninterrupted power supply is a given. This is obviously not the case in Africa, which experiences some of the world’s greatest power deficits, and where only two in ten people have [...]
