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| May 13, 2008 | ![]() |
Energy-Daily Advertising Kit |
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Majority Of Oil And Gas Execs Say Price Of Oil Will Fall Below 100 Dollars Soon Houston TX (SPX) May 12, 2008
Oil and Gas executives say that the price-per-barrel of oil will drop significantly from the current high level by the end of the year, according to the results of a survey conducted by KPMG LLP's Global Energy Institute. In this year's KPMG survey, which polled 372 financial executives from oil and gas companies in April 2008, 55 percent of the respondents think that the price-per-barrel of ... read more |
TERRA.WIRE
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OPEC Pumps Over 30 Million Barrels Of Oil Per Day In April
London, UK (SPX) May 12, 2008The 13 members of the Organization of Petroleum Exporting Countries (OPEC) pumped an average 31.87 million barrels per day (b/d) of crude oil in April, a 350,000 b/d decrease from March, according to a Platts survey of OPEC and oil industry officials released Friday. The sharp drop was largely the result of steep output losses in Nigeria. Excluding Iraq, the 12 members which participate in ... more Higher fuel prices may mean less pollution
Davis, Calif. (UPI) May 12, 2008 U.S. economists say high gasoline prices might lead motorists to drive more fuel-efficient vehicles, resulting in lower greenhouse-gas emissions. University of California-Davis economist Chris Knittel says that fewer miles being driven might make an important dent in the U.S. contribution to global warming by reducing annual carbon dioxide emissions by tens of millions of tons per year. ... more Formaldehyde-Free Sheathing Provides Health And Energy Advantages For Builders And Owners
Franklin MA (SPX) May 12, 2008Formaldehyde, a colorless flammable, strong smelling gas that is used in the manufacture of many building products, is receiving tremendous media exposure because of its significant potential for adverse affects on health. Thermo-ply Protective Sheathing, a high performance environmentally responsible product, is formaldehyde-free and a proven healthy alternative to other sheathing products. ... more Ethiopian capital faces three-day-a-week power outages
Addis Ababa (AFP) May 12, 2008The Ethiopian capital faces a lengthy power outage until next month because of reduced water levels in the country's hydro-electric plants, a state-owned generator said Monday. Addis Ababa, a city of five million, will have no power for up to three days a week, the Ethiopian Electric Power Corporation said in a statement. "Power rationing will continue until June. Climate change, which ... more E-Fuel Unveils World's First Home Ethanol System
Los Gatos CA (SPX) May 12, 2008The world's first home ethanol system, which allows consumers to create their own ethanol and pump it directly into their cars, was unveiled today by E-Fuel. The revolutionary EFuel100 MicroFueler is the first product that allows anyone to reduce their dependency on oil, greatly diminish their carbon footprint and produce fuel for under $1.00 per gallon. The MicroFueler is a leading edge ... more |
CAR TECH
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Overland Park KS (SPX) May 12, 2008Black and Veatch has been selected by Eskom to provide project management and engineering services for a 4,800-megawatt (MW) power generation facility being constructed in South Africa. "This is a world-class project which will have extensive and immediate benefits for South Africa," said Len Rodman, Chairman, President and CEO of Black and Veatch. "We will provide an innovative ... more China's new jumbo-jet firm no threat to Airbus, Boeing: state media
Shanghai (AFP) May 12, 2008China's new aerospace firm charged with building jumbo-jets sought to reassure global giants Airbus and Boeing that it would not pose a threat to them for another 20 years, state press reported Monday. The launch of the Commercial Aircraft Corporation of China on Sunday has the backing of the top level of government, with Premier Wen Jiabao underscoring the need for the country to pursue ... more China faces 7.3 million tonne LPG shortfall in 2010: report
Beijing (AFP) May 12, 2008China will face a shortfall of 7.3 million tonnes in liquefied petroleum gas (LPG) supply by 2010 due to surging demand in the countryside and small and medium-sized cities, state media reported Monday. According to the development plan of the country's oil industry, domestic demand of LPG is forecast to hit 26.2 million tonnes in 2010, while supply is expected to stand at only 18.9 million ... more Analysis: Turks eye carrying Kazakh oil
Washington (UPI) May 12, 2008 Besides Russia, the former Soviet republics that have hit the energy jackpot are all clustered around the Caspian Sea. While Azerbaijan, with the Baku-Tbilisi-Ceyhan pipeline, is already hardwired into the Western economy, Turkmenistan's potential has yet to be fully developed, and its natural gas exports have been locked in for the foreseeable future first by Russia and, to a lesser extent ... more |
ENERGY TECH
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Menomonee Falls WI (SPX) May 13, 2008Kohl's Department Stores has announced that it plans to convert more than 50 of its existing New Jersey, Connecticut and Maryland locations to solar power, representing nearly 80 percent of its locations in these three states. Currently Kohl's operates 34 stores in New Jersey, 17 in Connecticut and 16 in Maryland. With the East Coast solar installation, Kohl's is the largest retail host of ... more Yingli Green Energy Signs Sales Contract With IBC Solar AG
Baoding, China (SPX) May 13, 2008Yingli Green Energy has announced that it has entered into a sales contract with IBC Solar. Under the terms of the contract, Yingli Green Energy is expected to supply a minimum of 35 MW of PV modules to IBC from May 2008 to December 2008. In addition, IBC has an option to purchase a maximum of another 45 MW of PV modules from Yingli Green Energy in 2009. "I believe this contract will ... more ICP Solar Appoints Sheldon Reinhart CFO And COO
Montreal, Canada (SPX) May 13, 2008ICP Solar Technologies has announced that Sheldon Reinhart has been appointed Chief Financial Officer and Chief Operating Officer. "Sheldon brings us a superb combination of skills, talent and a deep understanding of business fundamentals, operations and manufacturing,". said Sass Peress, ICP Solar Chairman and Chief Executive Officer. "We are glad to have him aboard and are confident that ... more Nuclear missiles parade across Red Square
Moscow (AFP) May 9, 2008Nuclear missiles and tanks paraded Friday across Red Square for the first time since the Soviet era but new President Dmitry Medvedev warned other nations against "irresponsible ambitions" that he said could start wars. Marching bands and 8,000 troops goose-stepped across the square, followed by a huge display of heavy weapons including Topol-M ballistic missiles and T-90 tanks, and a fly-by ... more
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DISASTER MANAGEMENT
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