July 02, 2009 24/7 Energy News Coverage Energy-Daily Advertising Kit
Big Oil seems to have Iraq over a barrel
Baghdad (UPI) Jul 1, 2009
The Iraqi government's much-touted award of major production contracts for international oil majors on June 29-30 turned out to be a big fizzle. There was barely any bidding for the six oil fields and two gas fields the Iraqis planned to open up for badly needed development. These contain some 43 billion of Iraq's 115 billion barrels of oil reserves. Only one contract was ... read more

Protectionism on rise in China, says EU business group
Beijing (AFP) June 30, 2009
Chinese protectionism is on the rise, the European Chamber of Commerce in China warned Tuesday, as Beijing moves to fend of criticism that it is favouring its own firms over foreigners. The chamber said a survey covering 313 European enterprises showed that 43 percent expected local governments to favour businesses in their own areas in hopes of boosting the economy, it said. "Our ... more
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    French woman named head of renewables agency
    Cairo (AFP) June 30, 2009
    France's Helene Pelosse was elected on Tuesday to head the International Renewable Energy Agency (IRENA) at a meeting in the Red Sea resort of Sharm el-Sheikh, Egypt's state news agency MENA announced. Pelosse, a French ministerial official, was named director general of the new agency, beating off challengers from Denmark, Greece and Spain. On Monday, delegates in Sharm el-Sheikh voted ... more

    French state nuclear giant Areva invites new investors
    Paris (AFP) June 30, 2009
    French state-controlled nuclear giant Areva said Tuesday it was opening its capital to new investors and would sell a subsidiary to raise money for massive investments in new nuclear technology. The company also said it was considering the sale of its stakes in French metal mining group Eramet and Geneva-based computer chip maker STMicroelectronics. "The AREVA Supervisory Board has ... more

    China takes ambitious oil acquisition strategy further
    Beijing (AFP) June 30, 2009
    China's government-backed oil companies are jostling with each other to make landmark overseas acquisitions, seizing on the economic crisis -- and accompanying low asset prices -- to grow. Asia's largest refiner, Sinopec, agreed to acquire Canadian company Addax Petroleum for 7.2 billion dollars in a deal announced last week, just days after PetroChina bought a 45.51 percent stake in ... more

    US confirms participation in Shanghai World Expo
    Washington (AFP) July 1, 2009
    The United States on Wednesday confirmed its participation in next year's World Expo in Shanghai, saying it wanted to showcase US technology and values in a bid to boost ties with the Asian giant. China was earlier worried the United States might skip the expo following problems about raising money among the private sector to complete the American pavilion at the global event. Secretary ... more

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  • Airbus kicks off construction on new China plant


  • IAEA race down to three as Belgian candidate quits


  • Electric car projects all over Europe


  • Trinidad to sell LNG to Jamaica
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    Poor planning held up Finnish nuclear reactor: officials
    Helsinki (AFP) July 1, 2009
    Poor planning has led to rising costs and huge delays for a nuclear reactor going up in Finland, the country's biggest-ever construction project, officials said. The plant on the island of Olkiluoto in western Finland, to be run by Finnish nuclear power company TVO, was meant to start production this summer. But it is now not expected to open for another three years and Finnish ... more

    Nigeria's oil pollution stark example of resource curse: Amnesty
    Abuja (AFP) June 30, 2009
    The pollution caused by half a century of oil extraction in Nigeria is one of the world's most disturbing examples of the curse of natural resources, a global rights lobby group said Tuesday. Amnesty International said environmental pollution in Nigeria's southern oil region, the Niger Delta, had deprived tens of millions of people of their basic rights to safe food, clean water and good ... more

    Most consumer goods in south China below standard: report
    Beijing (AFP) June 30, 2009
    Less than half of consumer products on sale in south China are safe, according to a survey quoted by state media Tuesday. The government survey was carried out between April and June in Guangdong province, which borders Hong Kong, and covered 202 items, including tissues, beverages and women's sanitary products, the China Daily reported. Only 49 percent met the government's basic hygiene ... more

    DHL to triple regional hubs in China: state media
    Shanghai (AFP) July 1, 2009
    German logistics giant DHL plans to open 10 new regional transportation hubs in China this year, state media said Wednesday, tripling the number of such centres it operates in the country. The company launched an eastern China domestic transportation hub in Shanghai Tuesday, the China Daily said, the fifth facility of its kind operated by DHL in China. The company will open 10 more ... more

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  • China's clout seen in resource markets


  • Britain's BP, Chinese oil firm win Iraq deals


  • GM vehicle sales in China soar


  • China hikes fuel prices again as cost of crude rises
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    24/7 Energy News Coverage
    AALTO plans Zephyr stratospheric hub in northern Australia and seeks local payload partners
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  • China edges closer to Papua New Guinea
  • China delays Internet filter: state media
  • China unveils fund to finance aerospace industry: state media
  • Russia, China to hold military exercises in July: report
  • Obama against penalties on those not accepting pollution limits
  • Shanghai activists save cats from being eaten: state media
  • Chinese wheat bounces back from drought
  • Rising sea levels threatening Florida Keys

  • Three killed, 60 injured in China train collision: official
  • Economic crisis, climate warming top Swedish EU priorities
  • Malian scales new heights as Canadian lumberjack
  • Nine investigated over Shanghai building collapse: official
  • Walker's World: The new trade wars
  • Abu Dhabi to host renewables agency: Egypt
  • Scania Delivering 85 Ethanol Buses To Stockholm Suburbs
  • IEA revises down oil and gas forecast

  • Dow Chemical joins algae-based biofuel project
  • China halts metals stockpiling for now: report
  • Fashion legend Pierre Cardin 'to sell everything'
  • NJ Solar Energy Coalition Wants Anti-Solar Legislation Vetoed
  • Senate next for 'historic' energy bill
  • Oil leaps on Nigerian tensions, China demand
  • Japan to issue visas to individual Chinese tourists
  • China luxury hotels hit by downturn, swine flu: report



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