| February 06, 2009 |  |
Energy-Daily Advertising Kit |
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Texas Approves Five Billion Dollars To Deliver More Wind Power Washington DC (SPX) Feb 06, 2009 
Back in 2006 when Texas overtook California to lead the nation in wind power few would have predicted the break-neck pace of development that would follow. Today, just three years later, wind turbines generating 8005-megawatts, more than all the turbines spinning in California, Iowa and Minnesota, have outstripped the capacity of the high-voltage grid to move the power from windy west Texas to ... read moreFinnish Fortum seeks permit for a new nuclear reactor 
Helsinki (AFP) Feb 5, 2009Finnish utility group Fortum submitted an application to the government Thursday to build a new nuclear reactor in Finland, the company said. "Fortum has today ... submitted to the government of Finland an application for a decision-in-principle concerning the construction of a new nuclear power plant unit on the island of Haestholmen in Loviisa," the firm said in a statement. It added ... more
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China's sovereign wealth fund eyes CITIC Capital stake: report
Shanghai (AFP) Feb 5, 2009China's sovereign wealth fund is in talks to buy up to 50 percent of CITIC Capital Holdings, an investment arm of state financial conglomerate CITIC Group, state media said Thursday. The deal could be worth hundreds of millions of US dollars, based on CITIC Capital's registered capital, the official China Daily reported, citing an unnamed source. China Investment Corp (CIC), the 200-bill ... more USDA considers using GE corn for ethanol 
Washington (UPI) Feb 5, 2009 The U.S. Department of Agriculture is considering approving the use of genetically engineered corn for use in manufacturing ethanol. The Agriculture Department recently ended the public comment period for its proposal to permit, for the first time, widespread cultivation of a food crop engineered for biofuel production. If authorized, officials said the new ethanol corn would also ... more Solid quarter for Cisco but clouds on horizon 
New York (AFP) Feb 4, 2009US computer networking giant Cisco reported a solid quarterly performance Wednesday but warned the global economic downturn would take its toll in the current quarter and layoffs cannot be ruled out. Cisco reported a net profit of 1.5 billion dollars for the October-December quarter of its fiscal year, down 27 percent from the 2.1 billion dollars during the same period a year ago but better ... more  |
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Analysis: Nigerian oil strike imminent? 
Washington DC (UPI) Feb 04, 2009Nigeria's oil unions are threatening to stop work over plans to outsource inspections, as well as the growing danger in the country's oil sector, as three more kidnappings were reported from the poor Delta region, including that of the wife of a former oil minister. Police in the Delta town of Port Harcourt told reporters Gladys Daukoru was taken from a bar Tuesday night. Edmund Daukor ... more Analysis: Manas, energy and the U.S. 
Washington (UPI) Feb 4, 2009 The Pentagon is in a state of deep denial over the Kyrgyz Parliament's apparently imminent vote Friday to abrogate the Status of Armed Forces Agreement allowing the U.S. military to use Manas Air Base 17 miles from Bishkek in support of the administration's global war on terror. Manas was established in late 2001 as a transit point for NATO supplies to the international coalition in ... more Analysis: Brazil moving on oil legislation 
Miami (UPI) Feb 5, 2009 The Brazilian government appears eager to approve new oil legislation in the coming months in order to begin exploration of offshore oil reserves believed to hold up to 70 billion barrels. The decision to move forward with the legislation that has been deadlocked for months likely will be prompted by the recent announcement by state-run oil company Petrobras that it will spend $174 ... more Vietnam to go ahead with bauxite mines despite opposition 
Hanoi (AFP) Feb 5, 2009Vietnamese Prime Minister Nguyen Tan Dung is determined to go ahead with a bauxite mining project in the Central Highlands region despite public protests, the government said Thursday. Earlier media reports said Dung had approved a directive allowing the mining, processing and use of bauxite ore in the mountainous coffee-growing region. The project has met with protests from scientists ... more |
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