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 Santiago, Chile (UPI) Aug 17, 2009 
Chile is actively considering several tidal energy installations as a way of filling a major gap in its future energy needs and reducing dependence on coal-fired power generation.
A feasibility study on the potential for exploiting the renewable energy resource in Chile found the country had a "unique" wealth of natural sites that, if harnessed only up to 10 percent of available tidal ... read more
London (AFP) Aug 17, 2009Weaker Chinese energy demand could bring the recent oil price surge to an "abrupt end" as a credit squeeze hammers crude imports by the Asian powerhouse, energy consultancy CGES warned on Monday. Oil prices have jumped by about 20 percent over the past month on increased hopes of economic recovery and soaring Chinese crude imports. "If China's oil imports begin to flag, as seems to be ... more
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Berlin (AFP) Aug 17, 2009German auto giant Volkswagen said on Monday that strong sales in China and in its home market in July helped it escape a "continuing difficult situation" in the global car market. VW, which also owns brands including Audi, Skoda and SEAT and which aims to merge with Porsche, said that deliveries to customers in July were up 6.7 percent year-on-year compared to a 16-percent slump in the ... more  
Beijing (AFP) Aug 17, 2009China expects its exports, which have fallen year-on-year for nine straight months, to return to positive growth before the end of 2009, the government said Monday. "It's possible the decline in China's exports will narrow in the second half and even grow in some months given the low base effects in the second half of 2008 due to the financial crisis," said commerce ministry spokesman Yao ... more 
Melbourne (UPI) Aug 17, 2009 ExxonMobil Australia aims to continue 30 or more years of oil and gas production in Australia's Bass Strait, offshore the state of Victoria's Gippsland coast, Dow Jones reports. John Dashwood, chairman of ExxonMobil Australia, in a speech Sunday during an industry conference in Melbourne, highlighted the company's 40 years of operation in Bass Strait and said the oil giant supports a ... more |
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Washington (AFP) Aug 17, 2009Reader's Digest, publisher of the monthly magazine which claims the largest circulation in the world, announced plans on Monday to file for bankruptcy protection in agreement with its major lenders. Reader's Digest Association said the restructuring agreement calls for a "substantial portion" of its 1.6 billion dollars in debt to be swapped for equity and ownership of the company to be ... more  
Rolla MO (SPX) Aug 18, 2009Growing - and precisely aligning - microscopic, spear-shaped zinc oxide crystals on a surface of single-crystal silicon, researchers at Missouri University of Science and Technology may have developed a method to make more efficient solar cells. Dr. Jay A. Switzer and his colleagues at Missouri S and T report in the journal Chemistry of Materials that their simple, inexpensive process ... more 
Las Vegas NV (SPX) Aug 18, 2009NV Energy and Renewable Ventures have announced that they have entered into a long-term power purchase agreement (PPA) for the sale of energy produced from a 26-megawatt (MW) DC solar photovoltaic (PV) power plant that will be constructed near Apex, Nevada. The project, expected to be completed by the end of 2010, will be the second solar PV agreement that NV Energy has announced in the ... more |
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