Energy

White House Policy Adviser: President Obama Will Renew Push to Spur Investment in Clean Energy Projects That Create Jobs

January 25, 2013

“But Obama has continued to argue that the United States cannot fall behind in a global clean energy race dominated by countries like China,South Korea and Germany, which heavily subsidize their domestic industries.”

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Ukraine Signs $10 Billion Gas Shale Deal With Royal Dutch Shell

January 25, 2013

“Ukraine has signed a major shale gas deal with Royal Dutch Shell – a move seen as an attempt by Kiev to reduce its dependency on Russian gas imports.”

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Maine Utility Commission Approves $120 Million Floating Windmill Project

January 25, 2013

“The move by the state utilities commission is a first but important step in a lengthy approval process not expected to conclude until 2014. If all goes smoothly, electricity from the windmills could be generated as soon as 2016, the company said.”

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Secretary of State Nominee John Kerry: Clean Energy is a Job Creator

January 24, 2013

“He also talked about the importance of getting into the clean energy market, calling it a job creator.”

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Australia Discovers Up To $20 Trillion Worth of Oil Shale Reserves

January 23, 2013

“Brisbane company Linc Energy yesterday released two reports, based on drilling and seismic exploration, estimating the amount of oil in the as yet untapped Arckaringa Basin surrounding Coober Pedy ranging from 3.5 billion to 233 billion barrels of oil.”

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Price of Oil Decreases Due to High Supply and U.S. Debt Uncertainty

January 22, 2013

“Benchmark oil for February delivery was down 32 cents to $95.24 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.”

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Approximately 1,000 Gallons of Oil Spill Into The Atlantic Ocean Near The Bahamas

January 22, 2013

“Kenrid Dorsett, the country’s environment minister, confirmed that there was an accident of some sort, but could not comment on its cause or estimate how much fuel spilled.”

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Gunmen in Southeast Yemen Explode an Oil Pipeline, Suspending its Operation

January 19, 2013

“Yemen lost more than $4 billion in revenues between February 2011 and July 2012 because of such attacks, Petroleum and Minerals Minister Hisham Abdullah said at the time.”

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Interior Department Will Issue New Draft Regulation Proposal on Oil Fracking by March 31st

January 18, 2013

“The updated draft will maintain the three main parts of the initial draft, according to the department.”

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Iranian President Ahmadinejad: Iran Must Reduce Its Dependence on Oil

January 17, 2013

“It also represents the first major acknowledgment by Ahmadinejad that the economic squeeze from sanctions demands “structural changes” in Iran’s industries and exports.”

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Department of Homeland Security: Malicious Computer Virus Infiltrated and Shut Down a U.S. Power Plant Last October

January 16, 2013

“A computer virus attacked a turbine control system at a U.S. power company last fall when a technician unknowingly inserted an infected USB computer drive into the network, keeping a plant off line for three weeks.”

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Cormorant Alpha Oil Platform in the North Sea Precautionarily Shut Down Due to Leak

January 16, 2013

“All non-essential work on Cormorant Alpha has halted pending the results of a technical investigation team looking for the source of the hydrocarbons.”

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Nigerian Oil Thieves: Nigerian Government Gives Us No Choice

January 15, 2013

“Nigeria’s legal refineries have been left largely defunct by decades of mismanagement and corruption, with the result that fuel stations in the world’s 12th largest oil producing country often run out of supplies.”

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British Government Refuses to Support a Moratorium on Arctic Oil Drilling

January 15, 2013

“The Committee recommended in September that there should be an immediate moratorium on drilling in the Arctic until research shows spill responses will work in such extreme conditions.”

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Audit: European Union-Funded Green Efficiency Projects Not Cost-Effective in EU-Member States

January 15, 2013

“The projects examined by the Court of Auditors were in the Czech Republic, Italy and Lithuania. Those countries received the most EU funding for such projects in 2007-2013.”

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