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Nuclear Energy Is Cheap and Reliable
Senator Lamar Alexander
Nuclear fuel is available in the United States and is virtually unlimited. We don't have to drill for it. We don't have to mine it nearly as much as we do for coal. And thanks to technology, we can safely recycle 'nuclear waste' and turn most of it into more fuel
New Nuclear Reactors Would Be Too Risky
Representative Dennis Kucinich
If nuclear energy is a bad investment for Wall Street, then is it a good investment for taxpayers? Even high-fliers on Wall Street fear investing in nuclear projects. Nuclear power's proponents say that the industry has solved the problems that caused it to collapse in the 1970s, and that we are at the dawn of a nuclear renaissance. But the industry still suffers from those same problems
Oil and Gas Industry Gives Big to Members of Congress
Danielle Kurtzleben
The oil and gas industry has contributed more than $7.5 million to members of the 111th Congress thus far in the 2010 election cycle. That makes the industry the 15th most generous out of 80 tracked by the Center for Responsive Politics, a nonpartisan research group which compiles campaign finance data.
Obama and Congress Question Cozy Relationship With Oil Companies
Kent Garber
'Cozy relationship' is one of those phrases Washington loves. During the financial crisis, there were allegations of cozy relationships between bankers and the government regulators who were supposed to be policing them. It's a similar story with the oil companies. There has been a cozy relationship between the oil companies and the federal agency that permits them to drill
Summer Gas Prices to Spike but Not to Record Highs
Kent Garber
Global crude oil prices hit an 18-month high as the average price of a gallon of regular gasoline reached $2.85, the highest it's been since October 2008. This is both good news and bad news. The bad news is that the economic recovery could slow if gas prices rise too fast. The good news, though, is that the United States is almost certainly not headed toward another summer of $4-a-gallon gas
Obama's Offshore Oil Decision Has Political Dimension
Kent Garber
Obama's off-shore oil drilling decision has multiple motivations. On one level, he is acknowledging that the United States requires oil for transportation and will continue to for some time. But there is a political dimension, too. Obama wants to pass a major climate and energy bill soon, and a bipartisan group of senators is expected to unveil one later this month
Most Americans Getting Whacked by High Energy Costs
Paul Bedard
A new study from a key energy coalition finds that poorer Americans are spending a huge amount of their income on energy, a finding the group hopes will spark renewed attention on Capitol Hill to energy reform and legislation.
Energy Race: United States Needs Coherent Clean Energy Strategy
Kent Garber
It's easy to see inaction. In the Senate, everything crawls. At the climate change talks in Copenhagen, the outcome was disappointing. For those who wanted bold action on energy, the past year has left much to the imagination. But things are changing, incrementally.
Reality Check: Energy Powers That Be
Jessica Rettig
The world must face a glaring fact: Demand for energy is growing, and countries need to expand their energy sources if they want to keep up. The Obama administration made a commitment to clean energy. But here's a source-by-source look at nine types of energy that could change the landscape in the United States.
Jolt for Energy Innovation: Government Investing
Kent Garber
The United States, as pretty much anyone will tell you, is racing China to develop clean energy technologies -- the wind turbines and solar panels and advanced batteries and energy storage devices of the future -- and there are a lot of people who are worried that the country is lagging, even losing, when it comes to innovation.
Exxon: Slow Evolution of an Oil Giant
Kent Garber
The Rockefellers are preparing a resolution to present to shareholders at the Exxon's annual meeting. The proposal would require Exxon to disclose the risks it faces if demand for oil declines in coming years as the world turns to other sources of fuel. In other words, is Exxon worried about the future of oil and whether it's taking the risk of climate change seriously.
Biofuel Technology and Performance Issues Could Slow Acceptance
Ari Axelrod
Biofuels are a conundrum. Their potential advantages are undeniable: reduction of greenhouse gas emissions, lessening of our dependency on imported oil, support of domestic agriculture. And they certainly have their supporters. The Obama administration repeatedly affirmed its backing of rapid development of alternative energy sources, including biofuels. Still, the hurdles are high.
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Ad - www.webstergarner.com Sep 2 2010 4:44PM GMT
Reported oil rig explosion in Gulf of Mexico
CTV.ca Sep 2 2010 4:44PM GMT
Exxon Mobil Cardholders To Earn Dining Rewards For Gasoline Purchases
Payments Source Sep 2 2010 4:44PM GMT
Talisman To Sell Gas Assets To Husky
Institutional Investor Sep 2 2010 4:44PM GMT
All crew from burning oil platform accounted for
AlertNet Sep 2 2010 4:43PM GMT
Petrobras Brazil In 43B Share Swap
Institutional Investor Sep 2 2010 4:43PM GMT
Bahamas Suspends Offshore Drilling
Institutional Investor Sep 2 2010 4:43PM GMT
BP Sells Malaysian Assets For 363M
Institutional Investor Sep 2 2010 4:43PM GMT
Reported oil rig explosion in Gulf of Mexico
CFCN Plus Sep 2 2010 4:42PM GMT
Oil site burns in gulf; workers rescued
Orange County Register Sep 2 2010 4:43PM GMT
Engen takes over Chevron
IAfrica.com Sep 2 2010 4:42PM GMT
All crew from burning oil platform accounted for
Reuters UK Sep 2 2010 4:42PM GMT
Energy minister inspects project Hassi Messaoud gas deposit
Algérie Presse Service Sep 2 2010 4:42PM GMT
Explosion rips through Gulf of Mexico oil rig: US Coast Guard
Channel NewsAsia Sep 2 2010 4:41PM GMT
Oil prices waiver on mixed economic news
NewsOK.com Sep 2 2010 4:41PM GMT
Explosion on Gulf of Mexico oil rig
Yahoo! Canada Sep 2 2010 4:41PM GMT
Gulf oil platform explodes off La. coast
Sacramento Bee Sep 2 2010 4:41PM GMT
CORRECTED - UPDATE 2-Gazprom Q1 profit beats f'cast despite low prices
Yahoo! Malaysia Sep 2 2010 4:41PM GMT
Offshore oil rig explodes south of Vermilion Bay, injuring one
Professional Mariner Sep 2 2010 4:40PM GMT
Travel With Greenpeace: Oil Rig Climbing in Greenland
Utne Reader Online Sep 2 2010 4:40PM GMT
Coast Guard: Offshore oil platform in Gulf of Mexico explodes, all 13 crew accounted for
FOXNews.com Sep 2 2010 4:40PM GMT
BP begins removing cap from Gulf well
Yahoo! Green Sep 2 2010 4:40PM GMT
Corn, oil futures post big gains
SmartBrief Sep 2 2010 4:40PM GMT
BREAKING NEWS: Second Offshore oil rig explodes in Gulf of Mexico
Mail Online UK Sep 2 2010 4:39PM GMT
Gulf oil platform explodes, burning off La. coast
Washington Post Sep 2 2010 4:39PM GMT
Petrobras local shares rise after share-swap deal
MarketWatch Sep 2 2010 4:39PM GMT
Woodside delays Pluto LNG phase 1 expansion but outlines plans for five trains
Gas Matters Sep 2 2010 4:39PM GMT
Mariner Energy oil platform explosion in Gulf of Louisiana
Huliq.com Sep 2 2010 4:39PM GMT
Blossman Gas Announces Purchase of Two Southeastern Propane Marketers
St Louis Business Journal Sep 2 2010 4:39PM GMT
Gulf oil rig explodes off Louisiana coast
Chicago Sun-Times Sep 2 2010 4:39PM GMT
Gulf oil rig explodes off Louisiana coast
Chicago Sun-Times Sep 2 2010 4:39PM GMT
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South Korean firm wins $1.46bn Saudi water plant contract
Saudi state-owned Saline Water Conversion Corp (SWCC) has awarded South Korea's Doosan Heavy Industries and Construction a $1.46bn contract to build a new desalination plant in the kingdom, Reuters has reported. The plant will produce 1.025 million cubic metres of desalinated water per day and will be integrated with a 2,400 megawatts (MW) power plant, in Ras Azzour, on the Gulf coast. The plant, expected to be the world's largest would be completed in January 2014, Doosan said. [AMEInfo.com]
Abu Dhabi awards contract for refinery pipelines
GS Engineering and Construction has been awarded a $623m contract by Abu Dhabi Oil Refining Co (Takreer) for engineering and construction works on refinery pipelines in Abu Dhabi, Wam has reported. With a total length of 955km of pipeline ranging from 10 to 28 inches in diameter, the planned pipeline network connecting the refineries with various terminals in Abu Dhabi will be capable of covering the increase in demand in refined petroleum products for the foreseeable future, Takreer said. [AMEInfo.com]
Halliburton secures Iraq contract from Eni
Italian oil company Eni has awarded US-based Halliburton a multimillion dollar contract to help develop 20 oil wells in the Zubair field in southern Iraq, Reuters has reported. The contract included providing services such as wire-line logging, perforating, acidising and well testing. Halliburton did not give financial details of the deal. [AMEInfo.com]
Desertec looks for new shareholders in MENA region
The chief executive of Desertec Industrial Initiative (DII) has said the project is seeking new shareholders in the Middle East and North Africa in an attempt to broaden its geographical reach, Reuters has reported. "There are a number of interested parties. We are in intensive talks with companies in the Mena region, which we are trying to win as new shareholders," he added, but declined to name any potential candidates, Paul van Son told the news service. With an expected cost of ⁈400bn ($509bn), the DII project's aim is to analyse how to develop clean energy in the deserts of North Africa that could supply up to 15% of Europe's power demand by 2050. [AMEInfo.com]
Kuwait and Saudi JV planning gas facilities at Khafji oilfield
Al-Khafji Joint Operations (KJO), a joint venture between Saudi Arabia and Kuwait, plans to build gas and natural gas liquids (NGL) collection and distribution facilities at the Khafji oilfield, Reuters has reported. Engineering firms have until September 27 to submit their bids for the project, which is estimated to cost at least $50m, KJO said. "They want to collect the gas, which is being flared, and distribute it to Kuwait and Saudi," an industry source told the news service. [AMEInfo.com]
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