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![]() London (AFP) Feb 1, 2011 Crisis-hit BP reported its first annual loss in almost two decades on Tuesday, as a result of the Gulf of Mexico oil spill disaster, and outlined fresh plans to shift focus away from the United States. BP suffered a loss of $4.9 billion (3.6 billion euros) last year, which was the first shortfall since 1992 and compared with a massive profit of $13.955 billion in 2009, it revealed in a results statement. The energy major also raised the estimate of costs from the devastating oil spill to $40.9 b ... read more |
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![]() Malaysian peatswamps obliterated for palm oil: study Peatswamp forests home to such species as the Borneo pygmy elephant are being obliterated in Malaysian Borneo to make way for palm oil plantations, according to a study released Tuesday. ... more | .. |
![]() Inflation fears as Asian manufacturing stays strong Manufacturing in China and India remained strong in January, while rising input prices have stoked fears that inflation in developing economies has not been tamed, a survey by HSBC showed Tuesday. ... more | .. |
![]() Australian jailed in China as spy: Canberra An Australian educational recruiter is serving a life jail sentence in China after being convicted more than three years ago of spying for Taiwan, a report said Friday. ... more | .. |
![]() Pepco Energy To Implement PV Project For US DoE Pepco Energy Services has reached agreement to design and construct a $2.3 million photovoltaic (PV) project for the Department of Energy at the Germantown, Maryland, campus. The project will be imp ... more |
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![]() GSLO Expects Booming iPhone Sales To Drive Demand For Volt GoSolarUSA President and CEO Tyson Rohde said Tuesday that the company expects booming sales of Apple's iconic iPhone to generate huge demand for accessories, including the Volt Solar Charger. ... more | .. |
![]() Future Viability of Solar PV Tech Dependant On Production Cost Improvements During 2010, new solar photovoltaic (PV) demand worldwide approached 10,000 MW, and is expected to grow by double digit percentages annually for the foreseeable future, if production costs can be dr ... more | .. |
![]() Taiwan economic growth at 23-year high in 2010 Taiwan's economy grew a blistering 10.47 percent in 2010, its fastest rate in 23 years, according to a government estimate, with analysts saying trade with former rival China was a key driver of the surge. ... more | .. |
![]() Samsung offers full refund for Intel chip Samsung Electronics, the world's largest maker of memory chips, said Tuesday it would fully refund customers who had bought its personal computers built with a flawed chipset from Intel Corp. ... more |
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![]() Enecsys Solar PV Micro-Inverter Gain UL Certification Enecsys Limited, a solar PV micro-inverter company, has announced UL certification for its products. The patented design of the Enecsys Micro-inverter uses a rugged topology that eliminates electrol ... more | .. |
![]() Scania Receives Large Order For Biofuel Buses In Sweden Scania has received an order for 158 buses from public transport company Keolis Sverige. By ordering buses that run on biofuels, the company strengthens its position in sustainable urban transport. ... more | .. |
![]() Rentech Fuels First Cross-Country Drive On 100 Percent Synthetic Diesel Rentech has announced that its synthetic RenDiesel fuel is powering an Audi A3 TDI in a cross-country drive from California to Washington D.C. for the first time. The cross-country trek follow ... more | .. |
![]() Duke Energy And SunEdison Announce Completion Of Solar Farm Duke Energy and Sun Edison have announced the activation of the final phases of a 17.2 megawatt (MW) solar farm in Davidson County, N.C. Constructed in five phases and covering over 200 acres ... more |
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![]() A Dash Of Disorder Yields Very Efficient Photocatalyst A little disorder goes a long way, especially when it comes to harnessing the sun's energy. Scientists from the U.S. Department of Energy's Lawrence Berkeley National Laboratory (Berkeley Lab) jumbl ... more | .. |
![]() China's CNOOC inks U.S. shale gas deal China National Offshore Oil Corp. has agreed to pay $570 million for a 33.3 percent interest in Chesapeake Energy's shale and oil gas drilling project in Colorado and Wyoming, the companies announced. ... more | .. |
![]() EU wants more money for clean energy Europe will have to double its spending on renewables to nearly $100 billion if it wants to meets its 2020 clean energy targets, EU Energy Commissioner Guenther Oettinger said Monday. ... more | .. |
![]() Romania probes carbon credits theft from Swiss Holcim Romanian prosecutors said Monday they had launched an investigation after the theft of 1.6 million carbon credits from the local branch of Swiss cement company Holcim. ... more |
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![]() India approves $12 bln S. Korean steel plant India on Monday gave approval to South Korea's POSCO to build a giant $12 billion steel plant, in the country's biggest foreign investment deal since the launch of market reforms in 1991. ... more | .. |
![]() Beacon Power Begins Commercial Operations In New York Beacon Power has announced that it has energized and interconnected eight megawatts (8 MW) of flywheel energy storage and is now earning revenue at its frequency regulation plant in Stephentown, New ... more | .. |
![]() Agave Fuels Global Excitement As A Bioenergy Crop Scientists found that in 14 independent studies, the yields of two Agave species greatly exceeded the yields of other biofuel feedstocks, such as corn, soybean, sorghum, and wheat. Additionally, eve ... more | .. |
![]() DLR 2011 - Research Has High Priority In Germany The missions and projects planned by the German Aerospace Center (Deutsches Zentrum fur Luft- und Raumfahrt; DLR) in 2011 underline the importance of research in Germany, specifically in the fields ... more |
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![]() Team Looks To The Cow Rumen For Better Biofuels Enzymes When it comes to breaking down plant matter and converting it to energy, the cow has it all figured out. Its digestive system allows it to eat more than 150 pounds of plant matter every day. Now res ... more | .. |
![]() Fitch cautious on China banks Fitch ratings agency on Monday voiced doubts about the weakening credit profiles of banks in China as Beijing ramps up efforts to tame inflation and cool its booming property sector. ... more | .. |
![]() India gives approval to S. Korean POSCO plant India's environment ministry on Monday gave conditional approval to South Korean company POSCO to build a $12-billion steel plant in a move that could boost the climate for foreign investment. ... more | .. |
![]() Toshiba returns to black for December quarter Japan's Toshiba said Monday it swung back to a net profit for the December quarter from a year ago on strong demand for its memory chips used in smartphones and tablet computers. ... more |
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![]() Save Dollars And Lives With Alternative Energy At Forward Operating Bases To cut down on convoys trucking fuel to forward operating bases, as well as implement the Department of the Navy's vision for energy efficiency, the Office of Naval Research (ONR) and elements withi ... more | .. |
![]() New Transistor For Plastic Electronics Exhibits Best of Both Worlds In the quest to develop flexible plastic electronics, one of the stumbling blocks has been creating transistors with enough stability for them to function in a variety of environments while still ma ... more | .. |
![]() ICBC leads charge as Chinese banks go global ICBC, the world's largest bank by market value, is proving the most aggressive Chinese bank in expanding abroad, serving Chinese firms that are increasingly active globally after the financial crisis. ... more | .. |
![]() China biggest luxury goods market by 2020: report China will be the world's biggest luxury goods market by 2020, a report said Wednesday, as its economy booms and an emerging middle class spends a growing chunk of their cash on high-end items. ... more |
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![]() World Can Be Powered By Alternative Energy In 20-40 Years If someone told you there was a way you could save 2.5 million to 3 million lives a year and simultaneously halt global warming, reduce air and water pollution and develop secure, reliable energy so ... more | .. |
![]() Argentina, Brazil pledge joint projects Brazil's nuclear and security industries are set to benefit from new agreements signed after a summit between Presidents Cristina Fernandez de Kirchner and Brazil's recently inaugurated President Dilma Rousseff. ... more | .. |
![]() Undersea electricity cable envisioned Scottish authorities say they are examining the feasibility of stringing an undersea electrical power cable linking Scotland and Norway. ... more | .. |
![]() Iraqi Kurdistan to resume oil exports 'soon' Iraqi Kurdistan is preparing to resume oil exports "soon" after a long standoff with central government authorities in Baghdad, the autonomous region's prime minister said Wednesday. ... more |
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