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Brazil reports huge deepwater oil field Rio De Janeiro (UPI) Sep 10, 2009
Petroleo Brasileiro SA, Brazil's state-controlled oil company, says its tests show the Guara deepwater offshore field holds between 1.1 billion and 2 billion barrels of oil and initial production may start in 2012 with 50,000 barrels of oil equivalent a day. Petrobras discovered Guara, part of the BM-S-9 area in the offshore Santos Basin, last year but remained guarded about its estimate ... read moreKuwait to double power production in five years: PM
Kuwait City (AFP) Sept 10, 2009Kuwait plans to double its power production capacity to more than 20,000 megawatts over the next five years, Prime Minister Sheikh Nasser Mohammad al-Ahmad al-Sabah said on Thursday. Power projects underway in the Gulf emirate will add around 6,400 megawatts of new capacity over the next two years, the prime minister was cited by the official KUNA news agency as telling editors of local ... more
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IAEA gives ElBaradei honorary title
Vienna (AFP) Sept 10, 2009The UN atomic watchdog voted Thursday to bestow an honorary title of Director General Emeritus on the agency's controversial chief, Mohamed ElBaradei, who steps down in November. The title was voted on the last day of a meeting of the 35-member board of governors of the International Atomic Energy Agency. The resolution is to be formally adopted at the IAEA's general conference next week. ... more French buyers to get 5,000-euro bonus for green cars
Culoz, France (AFP) Sept 10, 2009France will this month unveil a new "clean cars" programme offering a 5,000-euro (7,300-dollar) bonus to buyers who pick environmentally-friendly models, President Nicolas Sarkozy said Thursday. The programme will enable carmakers to offer to French consumers within the next 16 months "the possibility of buying electric or hybrid vehicles at acceptable prices and to benefit from the ... more PNNL Awarded Funding For Marine, River Power Studies
Richland WA (SPX) Sep 11, 2009The Department of Energy's Pacific Northwest National Laboratory will receive more than $6.8 million over three years to advance the production of renewable power from the natural movement of oceans and rivers. The bulk of the funding - $3.45 million, or $1.15 million per year - allows PNNL to lead a project that will examine the environmental impacts of marine and hydrokinetic power. Mari ... more |
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China to maintain stimulus push: Wen
Dalian, China (AFP) Sept 10, 2009Chinese Premier Wen Jiabao said on Thursday his nation's economic recovery remained fragile and that it was too soon for Beijing to reconsider its current stimulus policy. "The recovery momentum of the Chinese economy is not yet stable, nor is it consolidated or balanced," Wen said in a speech opening the World Economic Forum's annual meeting of "new champions" in the Chinese port city of ... more China plans world's largest solar plant
Ordos City, China (UPI) Sep 10, 2009 The world's largest solar plant is planned for the Mongolian desert of China. Arizona-based First Solar Inc. and Ordos City in China signed an agreement Tuesday to build what will be a 2-gigawatt solar installation. The Ordos City project will generate 2,000 megawatts of electricity, enough to power 3 million Chinese homes, with a field of panels stretching for 25 square miles. ... more Central Africa calls on China for investment in energy, mining
Beijing (AFP) Sept 10, 2009Central African Republic President Francois Bozize urged China Thursday to invest more in his nation and develop stronger ties in the energy and mining fields, state media reported. "We are willing to make efforts with China to realise our potential and strengthen cooperation in mining, forestry, agriculture and energy," China Central Television quoted Bozize as telling his counterpart Hu ... more |
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