Energy

Energy Stories

From Rice Farmer

Ghana Faces Blackout

Pakistan State Oil 'on its knees', more blackouts threatened

"Pakistan State Oil may default on payments due this month unless state-run companies at least partially pay for their oil, a spokeswoman said on Thursday, putting energy supply at risk and threatening increased blackouts ahead of key elections."

Government announces 50% fuel price hikes for cement, brick factories (Egypt)

Seawater desalination plant might be just a drop in the bucket

"In Carlsbad, the nation's largest desalination facility will require lots of energy — and money. It is expected to provide no more than a tenth of San Diego County ratepayers' overall water supply."

S.Korea to raise gas rates 4.4 pct from Friday

"South Korea will increase domestic rates of gas by 4.4 percent on average from Friday, to reflect higher costs of natural gas and recoup part of the hefty losses of state-run Korea Gas Corp (KOGAS), the economy ministry said on Wednesday."

Nigeria Asks for Britain's Help to End Oil Theft

Big businesses, hotels gear for April [Power] shortfall (Thailand)

Troubled Baghdad scales back oil strategy

"The brewing oil war between Iraq's central government and a defiant Kurdistan are forcing Baghdad to downsize its ambitious plans to quadruple oil output."

Why is the Washington Post Surprised at High Gas Prices?

"The Washington Post is surprised by the ‘mysterious’ high cost of gasoline in the US but does not mention in this article that the US government, at the insistence of the Israel lobbies, reduced Iran’s petroleum exports by 40% in 2012 by strong-arming countries to leave it in the ground and not import it on threat of third-party US sanctions."

Transocean sets deep-water record

"Rig owner Transocean said it set a record for the deepest water depth by an offshore rig off the eastern coast of India."

U.N. worried by arctic resource drive

Consortium aims to build megafloat / Oil and gas rig workers to live off Brazil coast (Japan)

"The government and a Japanese consortium, including shipbuilders and heavy machinery makers, plan to develop a giant floating structure off Brazil that can accommodate up to 200 offshore oil and gas rig workers."

The Big Shift

"A great energy transition is coming. Will it mean a better day for humanity, or turmoil? First in a series."

Reports: Shale Gas Bubble Looms, Aided by Wall Street

The Making of a Natural Gas Glut

"Wall Street drives the shale boom like it did the housing mortgage scandal: report."

Fatal Combination for Nuclear

Chinese Overseas Oil Production Booming

"If a country spends $92 billion in three years to get its hands on energy resources outside its borders, then what is a good return on that investment?"

German 'green revolution' may cost 1 trillion euros – minister

Solid Energy seeking financial support (New Zealand)

"Solid Energy is in talks with bankers after admitting its finances have continued to deteriorate."

Energy Demands on Russia Have Global Consequences

Israel approves oil drilling in Golan Heights

Colombia has enough oil for eight years

"Colombia only has enough oil to last another eight years and must urgently step up exploration efforts to locate more reserves, Finance Minister Mauricio Cardenas said."