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US Nuclear Industry Looks To Export Tech

US Nuclear Industry Looks To Export Tech

The US nuclear industry is looking to export its know-how and technology to tap into fast growth in emerging markets, said Marvin Fertel, chief executive of the Nuclear Energy Institute, at the industry group's annual financial briefing in Manhattan. NEI will be urging the government to promote this under a "Team USA" type of banner, he said.

Egypts Mubarak Expected To Step Aside Thursday Evening

Egypt's Mubarak Expected To Step Aside Thursday Evening

Egyptian President Hosni Mubarak is expected to step aside Thursday evening, the head of the country's ruling party said, finally conceding the main demand of protesters gathered in central Cairo's Tahrir Square.

Indonesian Palm Oil Giant Vows To Save Forests

Indonesian Palm Oil Giant Vows To Save Forests

Indonesia's biggest palm oil producer pledged Wednesday to follow new standards to protect carbon-rich forests and peatlands, in a move cautiously welcomed by environmentalists including Greenpeace.

Vestas Rises On Better-Than-Expected 2010, Outlook

Vestas Rises On Better-Than-Expected 2010, Outlook

Shares in Vestas Wind Systems A/S (VWS.KO) rose more than 6% Wednesday after the company reported a 25% increase in full-year 2010 net profit on record orders and an increase in deliveries in the fourth quarter.

Crude Supertanker Attacked Off Oman Coast

Crude Supertanker Attacked Off Oman Coast

A supertanker loaded with 270,000 metric tons of crude oil was attacked early Wednesday morning off the coast of Oman, the vessel's manager said.

Ex-Aramco Official: US Cable Wrong To Dispute Saudi Reserves

Ex-Aramco Official: US Cable Wrong To Dispute Saudi Reserves

A former executive of Saudi Arabian Oil Company, known as Saudi Aramco, who was referenced in a leaked U.S. diplomatic cable saying the kingdom's oil reserves were overstated by 300 billion barrels, said Wednesday he was misquoted.

EPA Chief Defends Greenhouse-Gas Regulations Before Republicans

EPA Chief Defends Greenhouse-Gas Regulations Before Republicans

The chief of the U.S. Environmental Protection Agency is preparing to defend the Obama administration's greenhouse-gas policies in her first appearance before the U.S. House of Representatives since the Republicans took control of the chamber.

RES Growth Robust in Crisis-Hit Landscape

RES Growth Robust in Crisis-Hit Landscape

Slow rates of growth in the use of renewable energy sources (RES) are picking up as power generated by photovoltaic systems nearly quadrupled in 2010, rising to 198 megawatts from 53 MW in 2009.

EU Faces Prospect of Black Swan Shutdown of Suez Canal

EU Faces Prospect of Black Swan Shutdown of Suez Canal

The Egyptian crisis yesterday (8 February) entered a new and potentially critical phase as thousands of Suez Canal service workers began an indefinite strike two weeks after protests against the Mubarak regime began.

New Code of Conduct for Power Firms

New Code of Conduct for Power Firms

Private companies involved in the retailing of electricity are making an overture to private consumers by offering discounts of 20 percent on the rates of the Public Power Corporation (PPC), while the Environment and Energy Ministry works on measures to protect consumers.

Seoul Envoy To Visit China For North Korea Nuclear Talks

Seoul Envoy To Visit China For North Korea Nuclear Talks

South Korea's chief nuclear envoy Wi Sung-lac will visit Beijing this week for talks with his Chinese counterpart on North Korea's atomic programs, the foreign ministry said Tuesday.

Shell May Offer Gazprom Assets For Plant Expansion

Shell May Offer Gazprom Assets For Plant Expansion

Royal Dutch Shell PLC (RDSA.LN, RDSB.LN) might offer OAO Gazprom (GAZP.RS) assets in Asia in exchange for a deal to expand a liquefied gas export plant, Bloomberg News reported Tuesday, citing unnamed people with knowledge of the negotiations.

Jordan To Seek Partner This Mo For $5B Nuclear Proj -Report

Jordan To Seek Partner This Mo For $5B Nuclear Proj -Report

Jordan Atomic Energy Commission, or JAEC, will seek this month, via a request for proposal, a strategic partner for its planned nuclear plant that is expected to cost between $4 billion and $5 billion, Doha-based Asharq daily reports Tuesday citing an executive.