| January 12, 2009 | ![]() |
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Analysis: Can clean tech save the economy? Washington DC (UPI) Jan 08, 2009
As Congress begins discussions on a second stimulus package for the ailing U.S. economy, momentum is growing to use part of the money to create clean, American-made technology that would green energy at home and compete internationally. A number of policymakers hope to green the nation's energy supply and create new jobs through measures in the next stimulus legislation, expected to be ... read moreAnalysis: African oil faces challenges
Washington DC (UPI) Jan 08, 2009African oil producers like Angola are hoping to attract even more foreign investment in 2009, while foreign oil companies operating in Nigeria continue to experience the ill effects of violence at the hands of armed militants in the oil-rich Niger Delta. Nigeria and Angola have been the No. 1 and No. 2 oil producers in Africa, but unrest in the Niger Delta could reverse that this year. ... more
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Analysis: Caspian energy in 2009
Washington (UPI) Jan 7, 2009While making predictions, especially about energy issues, is a murky business at best, the general outline of the themes surrounding the ongoing development of Caspian energy assets is already broadly emerging. Russia will attempt to reverse the economic decline brought about by the recent implosion of oil and, to a lesser extent, gas prices over the last several months as the global e ... more Analysis: Central Asian energy in 2009
Washington (UPI) Jan 8, 2009As Eastern Europeans shiver because of Ukraine's obdurate refusal to pay world market prices for Russian natural gas, much less pay off its debts, the era of cheap gas is also over in eastern Central Asia. In 2009 many Central Asians and businesses will look back with some nostalgia on 2008 as a time when they could pay their energy bills without undue hardship. While in Eastern Europe ... more Analysis: Chevron Nigeria resumes oil flow
Washington DC (UPI) Jan 07, 2009Chevron has lifted its extended force majeure on oil exports from Nigeria caused by attacks by militants on its installations in the Niger Delta. The resumption of production at the high-yielding Escravos Terminal follows a month and a half of halted production blamed on militants' attacks on the pipeline running through the oil-rich delta. "Chevron Nigeria Ltd., operator of the ... more |
solarcell:
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Exxon chief backs carbon tax
Washington (UPI) Jan 10, 2009 The head of ExxonMobil, the world's largest oil company, has called for a carbon tax to help cut greenhouse gas emissions. Exxon chief Rex Tillerson's comments represent a radical turn from the days when the oil giant denied the existence of man-made global warming, The Independent reported Saturday. "A carbon tax is also the most efficient means of reflecting the cost of carbon ... more India Inc in damage-control mode after billion-dollar fraud scandal
Mumbai (AFP) Jan 11, 2009A billion-dollar accounting scandal at one of India's top outsourcing firms has left the government and financial regulators scrabbling to control the damage. Besides huge losses for investors, the scandal has seriously dented India Inc.'s reputation for strong corporate governance, often viewed as being a notch above its other Asian rival, China. "The admission of fraud in financial aff ... more New technique 'banks' wind farm energy
Milwaukee (UPI) Jan 8, 2009A high-tech way of "banking" extra energy from high winds can improve wind power's ups and downs and make it more efficient, U.S. university researchers said. The method uses an algorithm, or sequence of finite instructions, to take advantage of high winds and wind gusts, University of Wisconsin-Milwaukee electrical engineers and computer scientists said in the International Journal of ... more No breakthrough as Japan, China discuss gas field
Tokyo (AFP) Jan 9, 2009Japan and China made no visible progress in talks Friday on their renewed row over gas fields in the East China Sea. Japan's Vice-Foreign Minster Mitoji Yabunaka and his Chinese counterpart, Wang Guangya, held the meeting behind closed doors in Tokyo, as part of efforts by Asia's two biggest economies to ease years of tension. "We held candid talks for four hours and a half," Japan's for ... more |
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