| November 17, 2008 | ![]() |
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Swords and Shields: Arctic allies Washington (UPI) Nov 14, 2008
The melting of the arctic ice cap has led to a growing concern in Russia that its armed forces and transportation services need to establish a far stronger presence in the region to prevent other nations winning the race to access and utilize the vast sources of oil, natural gas and precious minerals that will become available on the continental shelf beneath the Arctic Ocean.
A Russian ... read moreAnalysis: Cameroon oil violence on rise
Yaounde, Cameroon (UPI) Nov 16, 2008Ten oil workers kidnapped last month off the coast of Cameroon were freed after weeks of being held captive by militant groups waging attacks off the coast of the Bakassi Peninsula, a highly coveted oil-producing region that earlier this year was handed over to Cameroon from neighboring Nigeria after decades of dispute. The seven Frenchmen, a Tunisian and two Cameroonian workers were r ... more
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Analysis: Russia's energy economic woes
Washington (UPI) Nov 14, 2008 Several months ago Russia's finances seemed unassailable - record-high oil prices had brought an unprecedented amount of petrodollars to Moscow, and the state-owned Gazprom natural gas monopoly seemed well on its way to becoming a company with $1 trillion in capital. Then came the global recession, and the Kremlin is being buffeted by falling prices and demand. How the government of Pr ... more Throwing A Protective TARP Over A Ruined Economy
Washington (UPI) Nov 14, 2008 More than 10 million people are jobless in America, an increase of almost 3 million in 2008. Unemployment is expected to reach 8 percent by year's end. One of the great symbols of American power in peace and war - General Motors - is on the verge of bankruptcy. With its myriad subcontractors, GM keeps 2.5 million people employed. But automakers, losing $2 billion to $3 billion a month, and t ... more Power company offers nuke-heavy power plan
Berlin (UPI) Nov 14, 2008 German power company RWE is offering consumers a zero-carbon energy plan fueled mostly by nuclear power plants. Der Spiegel said the "Pro-Climate Power" derives 68 percent of its power from nuclear sources and 32 percent from hydroelectric energy. The plan, which costs slightly more than other packages, is being marketed to consumers concerned about global warming. Power industry ... more |
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Octillion Advances Technologies That Generate Electricity From Moving Vehicles
Washington DC (SPX) Nov 17, 2008Octillion has announced plans to further Octillion's development of first-generation devices capable of generating electricity by harvesting energy from vehicles in motion. The Company has entered into an agreement with Veryst Engineering, a respected Boston-based engineering firm with expertise in energy capture technologies. Working with the Office of Naval Research, recent advances by ... more China's power consumption falls: state media
Beijing (AFP) Nov 16, 2008China's power consumption fell in October from the same month a year ago, the first decline since 1999, state media reported Sunday, underlining the hit the nation has taken from the global economic woes. The world's fourth largest economy used 269.9 billion kilowatt hours last month, down 3.7 percent from October 2007, the Xinhua news agency said, citing the China Electricity Council. ... more China says its economic fundamentals are good
Beijing (AFP) Nov 14, 2008China said Friday the fundamentals of its economy remained strong amid the global financial crisis and it was confident of maintaining fast growth. Following a slew of figures released this week showing growth in the world's fourth largest economy was continuing to slow, senior government officials sought to reassure the world that China could weather the storm. "The origin of the financ ... more KYOCERA Announces Construction Of Solar Cell Manufacturing Plant
Kyoto, Japan (SPX) Nov 17, 2008Kyocera has announced plans to build a new large-scale solar cell manufacturing facility. The new plant, located in Yasu City, Shiga Prefecture, Japan, will be the Kyocera Group's largest manufacturing facility in Japan. Construction of the plant is planned to start in early 2009 and be completed by year's end, with production scheduled to begin in the spring of 2010. Combined with Kyocera ... more |
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