Energy
Stories
From Rice Farmer
"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."
"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."
"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."
"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."
"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."
"Rig
owner Transocean said it set a record for the deepest water
depth by an offshore rig off the eastern coast of India."
"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."
"A
great energy transition is coming. Will it mean a better day for
humanity, or turmoil? First in a series."
"Wall
Street drives the shale boom like it did the housing mortgage
scandal: report."
"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?"
Solid
Energy seeking financial support (New
Zealand)
"Solid
Energy is in talks with bankers after admitting its finances have
continued to deteriorate."
"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."
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