| October 23, 2008 |  |
Energy-Daily Advertising Kit |
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Analysis: Cuba boasts of huge oil reserve Miami (UPI) Oct 22, 2008 
Cuban energy officials say the communist island may have more than 20 billion barrels of oil in offshore deposits, more than twice what U.S. geological officials estimated. Production at the allegedly giant reserves off the northern shores of Cuba could begin sometime next year, according to state-run energy company Cubapetroleo -- or Cupnet, as it is better known -- which released ... read moreThe World's Top Performing Energy Companies 
Singapore (SPX) Oct 23, 2008Major oil companies have maintained their stronghold as the world's most financially effective energy businesses, according to the 2008 Platts Top 250 Global Energy Company rankings announced here Monday evening. But the rankings also point to a performance resurgence by non-oil firms, such as electric utilities, and to the rising importance and influence of Asia-Pacific companies. ... more
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Profits up at Spain's Gamesa, but shares fall on factory halt
Madrid (AFP) Oct 22, 2008Spanish wind turbine maker Gamesa Wednesday said net profits soared during the first nine months of the year but its share price plunged as it announced a temporary production halt at two factories. The company posted a comparable net profit of 143 million euros (189 million dollars) for January to September, a 67 percent rise over the same time last year, it said in a regulatory filing. ... more London's First Biogas Fueling Station Installed 
London, UK (SPX) Oct 23, 2008In August Gasrec, Veolia Environmental Services and Iveco announced the beginning of a commercial trial of a CBM-powered street cleansing vehicle in Camden that could drastically reduce society's reliance on fossil fuels. Further to that announcement, Gasrec and The London Borough of Camden have announced Gasrec's successful installation of London's first biogas fueling station at the ... more EESTECH And Aryan Clean Coal Technologies Establish Joint Venture 
Sydney, Australia (SPX) Oct 23, 2008EESTECH and Aryan Clean Coal Technologies have entered into an agreement to establish a joint venture company to introduce three 10 mega watt HCGT (Hybrid Coalmine Gas Technology) power plants to the underground coal mines of India over the next five years. The total cost for the three HCGT power plants will exceed $US65 million and will potentially generate revenues for the joint venture ... more  |
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World's biggest cities to meet on credit crunch, climate change
Sydney (AFP) Oct 22, 2008The global economic crisis and the damage it could do to development will dominate talks between officials from some of the world's biggest cities Thursday. Representatives from more than 80 cities with populations of more than one million will gather for the ninth World Metropolis Congress to be opened by Hollywood star and Sydney Theatre Company director Cate Blanchett. Climate change ... more China, Singapore sign free-trade pact: state media 
Beijing (AFP) Oct 23, 2008China and Singapore signed a free-trade agreement in Beijing on Thursday, state media reported, capping two years of negotiations. Chinese Premier Wen Jiabao and Singaporean Prime Minister Lee Hsien Loong witnessed the signing ceremony, Xinhua news agency said. Trade between the two countries reached 47.2 billion dollars in 2007, according to Xinhua, which said Singapore is China's eight ... more Wal-Mart says it will step up product quality in China 
Beijing (AFP) Oct 22, 2008US retail giant Wal-Mart said Wednesday it would step up efforts to ensure the quality of products it sources, including in China, where a milk scandal has again highlighted weak standards. "Today, we're asking suppliers to take those standards to an even higher level," Wal-Mart Vice Chairman Mike Duke told a conference in Beijing. "We will require greater transparency and ownership from ... more Shanghai port cuts 2008 container traffic target: state media 
Shanghai (AFP) Oct 22, 2008Shanghai's port, one of the world's busiest, has cut its container traffic target for the year by five percent, blaming the global financial crisis and an economic slowdown, state media said Wednesday. The Shanghai International Port Group's handling volume is expected to reach 28.5 million twenty-foot equivalent units (TEU), less than its earlier target of 30 million TEU, the Shanghai ... more |
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