| March 26, 2009 |  |
Energy-Daily Advertising Kit |
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PetroChina profit falls 22 percent in 2008 Beijing (AFP) March 25, 2009 
PetroChina, the listed unit of China's largest oil and gas producer, said Wednesday its net profit in 2008 fell 22 percent as the global downturn hit business and crude prices plunged. Net profit slid to 114.43 billion yuan (16.75 billion dollars), down from 146.75 billion yuan in 2007, driven lower by falling crude prices and shrivelling demand, the company said in a statement to the Hong ... read moreObama confident US will have cap-and-trade law 
Washington (AFP) March 24, 2009President Barack Obama expressed confidence Tuesday that a budget plan being thrashed out by lawmakers will include a cap-and-trade system to cut carbon emissions, despite opposition in Congress. "My expectation is that the energy committees or other relevant committees in both the House and the Senate are going to be moving forward a strong energy package," Obama said during a prime time ... more
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acp-IT And Duality Principle Announce Partnership To Support Solar Industry
Austin TX (SPX) Mar 26, 2009Duality Principle Consulting has announced a partnership with acp-IT, a manufacturing solutions and consulting company. This agreement extends acp-IT's expanding presence within Photovoltaic (PV) manufacturing. Under the terms of the partnering agreement, Duality Principle will provide distribution and local integration support for the Syn@pse product suite within North America. In additio ... more Tri-State And First Solar Sign Major Development Agreement 
Westminster CO (SPX) Mar 26, 2009Tri-State Generation and Transmission Association has entered into an agreement with Tempe, Ariz.-based First Solar to develop a 30-megawatt (AC), 500,000-panel solar photovoltaic power plant in northeastern New Mexico. The "Cimarron I Solar Project" is the largest photovoltaic project by an electric cooperative and among the largest facility of its kind in the world. "Tri-State is c ... more Fossil-Based Electricity Generation Declines As Renewables Grow 
Washington DC (SPX) Mar 26, 2009According to the latest figures published by the U.S. Energy Information Administration (EIA) in its "Electric Power Monthly" report non-hydro renewable sources of electricity enjoyed double-digit growth during the past year while coal, natural gas, and petroleum experienced notable declines and nuclear power remained stagnant. Specifically, EIA reports that net electricity generation in t ... more  |
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Brown Chemists Create More Efficient Palladium Fuel Cell Catalysts
Providence RI (SPX) Mar 26, 2009Even small devices need power, and much of that juice comes from fuel cells. As these devices become even smaller, the rush is on to find more efficient ways to power them. In the last several years, scientists have discovered that palladium, a metal, is a strong candidate for providing that initial boost that helps fuel cells go. Palladium is far cheaper than another popular fuel cell cat ... more China playing "stabilizing role" amid crisis: US 
Washington (AFP) March 25, 2009US Treasury Secretary Timothy Geithner said Wednesday that China was playing a "very important" role in containing the current financial crisis that has slammed the brakes on global growth. "I think China is playing a very important stabilizing role in this financial crisis we're seeing globally," he said in an interview with financial network CNBC. He also said that the United States wa ... more Chairman of French nuclear group resigns: letter 
Paris (AFP) March 25, 2009Frederic Lemoine, the chairman at French nuclear energy group Areva, has tendered his resignation after accepting a position at another major French group, an internal document showed Wednesday. "I have decided to accept the chairmanship of another quoted French company," Lemoine wrote to the secretary of the supervisory board Bernard de Gouttes in a letter obtained by AFP. "I have the ... more Analysis: Brazil oil strike continues 
Miami (UPI) Mar 25, 2009 Tens of thousands of Brazilian oil workers have walked off the job as part of a five-day strike over unsafe work conditions and recent wage cuts that came as a result of falling global oil prices. The leading oil workers' union, National Oil Workers Federation, said it was also unhappy about the proposed profit-sharing agreement offered by Petrobras following a record-breaking year of ... more |
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