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China Should Boost Installed Hydropower Capacity -Official

China Should Boost Installed Hydropower Capacity -Official

Παρ, 3 Σεπτεμβρίου 2010 - 18:42

To meet China's goal on energy conservation and emission reduction, the country's installed capacity of hydropower has to reach 380 gigawatts in 2020, according to Zhang Guobao, director of the National Energy Administration and vice director of the National Development and Reform Commission, who spoke in Beijing Aug. 26.

Facebook Faces Campaign to Switch to Renewable Energy

Facebook Faces Campaign to Switch to Renewable Energy

Παρ, 3 Σεπτεμβρίου 2010 - 14:43

Social networking website Facebook is coming under unprecedented pressure from its users to switch to renewableenergy. In one of the web's fastest-growing environmental campaigns, Greenpeace international says at least 500,000 people have now protested at the organisation's intention to run its giant new data centre mainly on electricity produced by burning coal power.

First Standards Underway for Sustainable Water Use

First Standards Underway for Sustainable Water Use

Παρ, 3 Σεπτεμβρίου 2010 - 14:41

The European Water Partnership (EWP), a non-profit organisation, is in the process of testing draft standards for sustainable water management in industrial production processes. Pilots will soon be launched for the agriculture sector and urban areas.

Oil Find Reported in the Arctic Sooner than Expected

Oil Find Reported in the Arctic Sooner than Expected

Παρ, 3 Σεπτεμβρίου 2010 - 14:40

Oil fever could strike the Arctic sooner than expected and is likely to be accompanied by a host of problems. A U.K. rival to BP, Cairn Energy, announced last week: "First well in Greenland provides early indication of working hydrocarbon system" in the Beaufort Sea.

U.S. Offshore Oil Fire May Delay Lift of Drill Ban

U.S. Offshore Oil Fire May Delay Lift of Drill Ban

Παρ, 3 Σεπτεμβρίου 2010 - 14:39

The Obama Administration is likely to stay focused on toughening regulatory oversight of the U.S. offshore oil industry and may push back lifting a ban on deepwater drilling after the latest accident in the Gulf of Mexico, analysts said on Thursday.

Exxon CEO Sees Shift From Gas To Oil Drilling As Short-Sighted -Analysts

Exxon CEO Sees Shift From Gas To Oil Drilling As Short-Sighted -Analysts

Πεμ, 2 Σεπτεμβρίου 2010 - 19:13

Exxon Mobil Corp. (XOM) has not shifted the drilling focus of recently acquired natural gas producer XTO Energy toward oil as it believes the switch other energy companies are doing is short-sighted and driven by the need for cash generation to sustain drilling to protect leases and prevent staff reduction, the company's Chief Executive Rex Tillerson told a group of analysts

International Lenders Set To Sign Nabucco Agreement - Sources

International Lenders Set To Sign Nabucco Agreement - Sources

Πεμ, 2 Σεπτεμβρίου 2010 - 19:12

The Nabucco consortium is set to announce Monday that top international lenders will sign an agreement to take a senior financing role for its planned EUR7.9 billion natural gas pipeline, several people familiar with the matter said Thursday.

GDF Suez Deputy CEO: Wont Cut Jobs After Intl Power Merger

GDF Suez Deputy CEO: Won't Cut Jobs After Intl Power Merger

Πεμ, 2 Σεπτεμβρίου 2010 - 19:11

French power group GDF Suez's (GSZ.FR) deputy-chief executive, Jean-Francois Cirelli, Thursday said that the group doesn't plan any job cuts once the merger with International Power PLC (IPR.LN) is finalized.

Disasters Show Screaming Need For Action - UN Climate Chief

Disasters Show Screaming Need For Action - UN Climate Chief

Πεμ, 2 Σεπτεμβρίου 2010 - 19:10

United Nations climate chief Christiana Figueres Thursday warned that a string of weather calamities showed the deepening urgency to forge a breakthrough deal on global warming this year.

Statoil To Keep At Least 50% Of Unit Spin-Off

Statoil To Keep At Least 50% Of Unit Spin-Off

Πεμ, 2 Σεπτεμβρίου 2010 - 19:10

Norwegian oil company Statoil ASA (STL.OS) said Thursday it has filed an application with the Oslo Stock Exchange for admission of the newly constituted company, Statoil Fuel & Retail ASA.

EU Energy Commissioner’s Speech at the Odessa Forum

EU Energy Commissioner’s Speech at the Odessa Forum

Πεμ, 2 Σεπτεμβρίου 2010 - 18:07

In its Communication on the Black Sea Synergy (April 2007), the European Commission pointed out that "the Black Sea region is a production and transmission area of strategic importance for EU energy supply security. It offers significant potential for energy supply diversification and it is therefore an important component of the EU’s external energy strategy."

BP Sells Stakes In 2 Malaysia Petrochemical Firms To Petronas

BP Sells Stakes In 2 Malaysia Petrochemical Firms To Petronas

Τετ, 1 Σεπτεμβρίου 2010 - 19:18

Oil major BP PLC (BP) Wednesday said it agreed to sell its equity stakes in two Malaysian petrochemical businesses to Malaysia's Petroliam Nasional Bhd. for $363 million in cash plus a dividend payment.

China Real Time Report: Mongolia Aims To Export Wind Power

China Real Time Report: Mongolia Aims To Export Wind Power

Τετ, 1 Σεπτεμβρίου 2010 - 19:18

Mongolia, one day, hopes to export more than just coal to neighboring China. At a recent cabinet meeting, Prime Minister Sukhbaatar Batbold outlined plans to ramp up the country's investments in alternative energy and to export wind power to China--enough to equal 40 million tons of coal.