| July 02, 2007 | ![]() |
cleaner, cheaper energy today |
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Statoil And Shell Scrap Carbon Capture Plans To Pump More Oil Oslo (AFP) June 29, 2007
Norwegian oil group Statoil and Britain's Shell said Friday they were scrapping plans to use carbon dioxide (CO2) to increase oil production. An evaluation showed that "though the value chain is technically feasible, it is not commercial viable," Statoil said in a statement. The project, announced in March 2006, involved the construction of a gas-fired power plant and a methanol production facil ... read more
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EU To Relaunch Ties With Africa Amid Rising Chinese Influence
Brussels (AFP) Jun 29, 2007The European Union aims to set up a strategic partnership with Africa to meet the continent's most important needs and match growing Chinese influence there, officials said Thursday. "We are looking for new, high-level relations. We want it to be a strategic partnership," Portugal's State Secretary for European Affairs, Manuel Lobo Antunes, told reporters. "We want to respond to individual ... more ADB Eyeing To Boost Clean Energy Program
Manila (AFP) June 26, 2007The Asian Development Bank (ADB) said Tuesday it was planning to boost its clean energy program to one billion dollars annually amid warnings Asia's contribution to green gas emissions could get worse. ADB president Haruhiko Kuroda said the region faced a "daunting challenge in securing energy" and expanding economies needed to spend more on clean energy technologies. "About 70 percent of ... more Russia And France Establish JV To Produce Nuclear Power Planet Turbines
Paris (RIA Novosti) Jun 29, 2007Russia's Atomenergomash and France's Alstom signed Friday documents to establish a $400-million joint venture to manufacture half-speed turbines for nuclear power plants in Russia and abroad. The companies reached a deal in April with Russia's state controlled nuclear power corporation having a 51%-share in the JV, which will operate on the platform of the machine-building firm ZIO Podolsk in th ... more Hong Kong Choked By Growing Pollution Problem
Hong Kong (AFP) June 30, 2007Discarded cigarette packets, McDonald's wrappers and even old socks litter the shores of Lau Fau Shan in Hong Kong's far north, home to what remains of the territory's oyster farming industry. From across the border in China, factories belch smoke into the fetid air over Deep Bay, one of Hong Kong's most polluted stretches of water. Ten years after the territory was handed back to the Chin ... more India-Iran-Pakistan Talks On Gas Pipeline Still To Continue
New Delhi (RIA Novosti) Jun 30, 2007India, Iran and Pakistan failed to reach a compromise on tariffs on natural gas deliveries and will continue talks on signing a tripartite gas pipeline agreement in July, the Indian press said citing government sources. Talks ended in New Delhi Friday on the $7.5 billion pipeline, which will have annual capacity of at least 21.1 billion cubic meters and is expected to come on stream in 2011. ... more |
CIVIL NUCLEAR
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Vilnius (AFP) Jun 29, 2007The Lithuanian parliament on Thursday overwhelmingly backed the construction of a new nuclear power station to replace the Baltic country's ageing Chernobyl-type Ignalina plant. Some 107 lawmakers in the 141-seat parliament passed legislation approving what is seen as a key means to reduce the region's reliance on energy supplies from Russia. "This is a major step towards our energy indepe ... more Fire At German Nuclear Plant But No Radiation Leak
Berlin (AFP) Jun 28, 2007Fire broke out at a nuclear power plant in northern Germany Thursday but was isolated from the atomic reactor, police said. The blaze began at the Kruemmel power plant in Geesthacht, 30 kilometres (20 miles) southeast of Hamburg on the Elbe river, when coolant in a large electric power transformation substation ignited. It was extinguished about 90 minutes later. A police spokesman said i ... more Russia-Georgia Gas Pipeline In Mountains To Be Highest In World
Vladikavkaz, Russia (RIA Novosti) Jun 29, 2007A natural gas pipeline being built in the Caucasus mountains linking Russia and Georgia will gain the honor of being the world's highest pipeline, the project chief said Thursday. The high-altitude pipeline will link Russia and South Ossetia, a secessionist republic in Georgia, and is expected to end the region's gas dependence on Tbilisi. "The pipeline will be laid at an altitude of 3,150 ... more Iraq Needs 75 Billion Dollars To Develop Oil Industry
Beirut (RIA Novosti) Jun 29, 2007Iraq will need $75 billion to develop its oil sector, three times more than was originally thought, a government expert said Thursday. Iraq intends to boost oil production to 6 million barrels per day, but is currently producing only 2 million barrels per day due to ongoing terrorist attacks. Tamer Gazban, former oil minister and now energy adviser to the Iraqi government, said that if the ... more |
AEROSPACE
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Tokyo (AFP) Jun 29, 2007Japan's Toshiba Corp. said Wednesday it hoped to win a large deal to supply nuclear reactors in the United States, boosting its share price. Toshiba is working to secure an order for advanced boiling water reactors from US group NRG Energy which aims to build nuclear power plants, said company spokeswoman Hiroko Mochida. "We have not reached a final contract. But we will continue to work t ... more US Finds Venezuela CITGO Oil Company Guilty Of Pollution
Washington (AFP) June 27, 2007Venezuela's CITGO Petroleum Corp. -- which provided cheap heating oil for thousands of Americans the last two winters -- was found guilty of environmental crimes by a federal jury in Texas, the US Justice Department said Wednesday. The state-owned company's Corpus Christi East Plant Refinery was in violation of the Clean Air Act "for nearly 10 years ... when it failed to install and operate prop ... more Maryland Professor Creates Desktop Supercomputer Prototype
College Park MD (SPX) Jun 28, 2007A prototype of what may be the next generation of personal computers has been developed by researchers in the University of Maryland's A. James Clark School of Engineering. Capable of computing speeds 100 times faster than current desktops, the technology is based on parallel processing on a single chip. Parallel processing is an approach that allows the computer to perform many different tasks ... more Newmont Lodges Counter-Appeal In Indonesian Mining Case
Jakarta (AFP) June 27, 2007US mining giant Newmont said Wednesday it had lodged a counter-motion against an appeal by Indonesian prosecutors, the latest twist in a high-profile pollution case that the company won in April. The local unit of Newmont and its president director, Richard Ness, contended in the motion that the appeal to the Supreme Court was unlawful as the original court hearing was in compliance with applica ... more
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FROTH AND BUBBLE
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