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US to issue new order on deepwater drilling freeze: SalazarWashington (AFP) June 22, 2010 US Interior Secretary Ken Salazar said Tuesday he would issue a new order in the coming days to enforce a freeze on deepwater drilling in the Gulf of Mexico in the wake of the BP oil disaster. Salazar was responding to the decision of a district judge who blocked the six-month moratorium announced by President Barack Obama in May because of its effect on the livelihoods of those on the Gulf coast. "We see clear evidence every day, as oil spills from BP's well, of the need for a pause on deepwate ... read more |
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Rio De Janeiro (UPI) Jun 22, 2010 Brazil will spend $224 billion in five years on doubling its capacity for oil production and export despite cautious business optimism on the future global outlook for crude prices. State-run Petrobras oil giant unveiled the spending plans as Chief Executive Officer Sergio Gabrielli set out the company's strategy to build capacity in the run-up to 2020, when Brazil will have doubled its ... more 
Villahermosa, Mexico (SPX) Jun 23, 2010Subsidiaries of Spain-based Abengoa and GE Energy Financial Services, a unit of GE, will invest US$180 million to develop the largest cogeneration power plant in Mexico. The 300-megawatt gas-fired facility with a total project cost of US$640 million will be located at the Nuevo Pemex gas processing complex, owned by Pemex Gas y Petroquimica Basica, a subsidiary of Mexican state oil company Pemex ... more
New Orleans, Louisiana (AFP) June 22, 2010The White House vowed Tuesday to issue a fresh moratorium on deepwater oil drilling due to BP's Gulf of Mexico spill after a judge blocked an earlier freeze, saying it would cause irreparable economic harm. The White House immediately said it would appeal district judge Martin Feldman's ruling in favor of 32 oil firms which challenged the moratorium imposed by President Barack Obama in the w ... more |
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 US Senate committee introduces offshore drilling bill   China's Hu heads to G20 amid pressure over yuan, N.Korea   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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Tibet Airlines to take off next year: state mediaBeijing (AFP) June 22, 2010 The first airline to be based in Tibet will launch its first domestic flights from the remote Himalayan region in the middle of next year, state media reported on Tuesday. Tibet Airlines will operate flights within Tibet and link its capital Lhasa with other major cities across the China, the China Daily said. The carrier is considering buying Boeing 737-700 and Airbus 319 aircraft to service the high-altitude routes, the paper said. It did not say how many flights the airline would run. Chi ... read more |
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