Subscribe to our free daily newsletters
  Energy News  




Subscribe to our free daily newsletters



ENERGY TECH
Qatar rules out drastic' OPEC action on prices

by Staff Writers
Doha (AFP) May 8, 2011
Qatar on Sunday ruled out any "dramatic" action by the Organisation of Petroleum Exporting Countries to control prices, insisting that production and supplies were at healthy levels.

Qatar's Energy Minister Mohammed Saleh al-Sada told reporters on the sideline of an industry meeting that an upcoming OPEC meeting could not be expected to make any major change.

"We think the fundamentals are fine and we can't see shortage of supply. OPEC countries and non-OPEC countries are producing and supplying and satisfying the world demands," he said.

"Clearly the supply level and the stocks level is healthy, and we are after the stability of oil prices."

He said he did not expect a free fall in the oil prices even though commodity prices were currently on the decline.

Qatar has received requests for additional supplies of gas to Japan, which is reeling after the March 11 tsunami and quake crippled a nuclear power facility, the minister said.

"We have a committee to deal with the request of Japan," he said adding that they were still working on exact quantities.

But he said the unrest in Libya would not affect oil supplies.

"Many countries, especially from OPEC, have offset the shortfall and it is clear that there is no shortage in production and supply in the world," said Sada.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Powering The World in the 21st Century at Energy-Daily.com



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


ENERGY TECH
Iraq pays Kurd oil contractors: regional premier
Baghdad (AFP) May 6, 2011
Iraq has paid oil contractors in its autonomous Kurdistan region for the first time, the region's premier said in a statement released on Thursday, a significant step in an ongoing energy dispute. The central government in Baghdad transferred a total of $243 million to contractors working in the Kurdish region, made up of three provinces in Iraq's north, the region's prime minister Barham Sa ... read more







ENERGY TECH
Direct Air Capture of CO2 with Chemicals

China facing electricity shortages

Australians turning off carbon tax: poll

California Signs New Renewable Portfolio Standard into Law

ENERGY TECH
Direct removal of carbon dioxide from air likely not viable

Qatar rules out drastic' OPEC action on prices

Quebec unveils $80 bln plan for undeveloped north

JBI to Supply Oxy Vinyl Canada With Alternative Fuel

ENERGY TECH
Evolutionary lessons for wind farm efficiency

Global warming won't harm wind energy production, climate models predict

Study: Warming won't lessen wind energy

Mortenson Construction to Build its 100th Wind Project

ENERGY TECH
Measurement of hot electrons could have solar energy payoff

Renewables key for climate, world energy supply: IPCC

'Swiss cheese' design enables thin film silicon solar cells with potential for higher efficiencies

Companies Form Strategic Alliance to Capitalize on Growing Indian Solar Market

ENERGY TECH
Germany at 40% nuke capacity, no issues

China to boost nuclear safety standards

EU nuclear safety sweep accused of soft-pedalling

Madrid demo calls for end to nuclear power

ENERGY TECH
Formidable fungal force counters biofuel plant pathogens

Interjet and Airbus Conduct First Biofuel Flight in the Country

BioJet and Abundant Biofuels Agree to Merge

Food vs fuel: the debate is over

ENERGY TECH
Top Chinese scientists honored with naming of minor planets

China sees smooth preparation for launch of unmanned module

China to attempt first space rendezvous

Countdown begins for Chineses space station program

ENERGY TECH
Effects of climate change in the Arctic more extensive than expected

After a three-decade hiatus, sea-level rise may return to the West Coast

UN climate meet must not be talking shop: Zuma

Climate Change Analysis Predicts Increased Fatalities from Heat Waves


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement