China's energy security moves it closer to the Middle East Daily Star Lebanon | By Weiming Zhao | Commentary by | Monday, May 12, 2008 | Energy consumption in China is growing as fast as the rapidly growing Chinese economy. China has changed from a net oil exporter to a net oil importer. In recent years, 40 to 50 percent of the oil that China consumes is imported. Of that, 60...
Wind power heads to sea Canada Dot Com | Giant turbines the size of jumbo jets bobbing on the North Sea may soon become as common off Norway as oil and gas platforms. | At least that's the ambition of Norwegian authorities and industry, eager to splash some green on their oily image and use their offshore expertise to corner a potentiall...
Crime with no boundaries Newsday | McMAFIA: A Journey Through the Global Criminal Underworld, by Misha Glenny. Knopf, 375 pp., $27.95. | Twenty years ago, as the Soviet Union began coming undone, a dissident intellectual named Boris Kargalitsky coined a useful expression, "kleptocra...
EnCana split detailed Energy Current 5/15/2008 | CALGARY, ALBERTA: The board of directors of EnCana Corp. unanimously approved a proposal to split EnCana into two "highly focused" energy companies. One of the new entities will be a natural gas company with a portfolio of early life, Nor...
Industry split over new tax on NW Shelf gas The Australian | THE Government's move to impose a new tax on the giant North West Shelf gas project off Western Australia has split the industry, with shelf players upset at having to pay the new tax, but the rest of the industry seeing it as a levelling of the pl...
Tullow Provides Interim Update Rig Zone | Tullow Oil's business has performed strongly in 2008 to date and has benefited from increasing oil and gas prices, while overall production performance was in line with expectations. The Group has focused considerable financial and technical resour...
AP Photo/David Karp
Brown wants profits poured into North Sea The Guardian | · BP and Shell announce £7bn bonanza | · Motorists and greens united in condemnation , | Gordon Brown stepped into a growing row about oil company profits yes...
Business transparency group critical of Exxon Houston Chronicle TOOLS | LONDON - An anti-corruption group has rated more than 40 energy companies on the transparency of their dealings, handing a low grade to Exxon Mobil but praising Shell and P...
High seas showdown The Columbus Dispatch Piracy is on the rise worldwide this year, in part because some nations are unable to police their territorial waters. | That's why foreign navies must have the right to apprehend ...
EnCana plans split into separate oil, gas companies Oil & Gas Journal | HOUSTON, May 12 -- The board of Canadian oil and natural gas company EnCana Corp. has approved a proposal May 11 to split along distinct business lines-oil and gas-to create two Calgary-based energy firms. | The split will create a publicly traded,...
Exxon Neftegas Terminates Murmanskaya Contract, Husky Signs LOI Rig Zone | With reference to the earlier announcement dated April 15, 2008 regarding a contract that has been signed by with Exxon Neftegas Ltd for the deployment of the Jack-up rig Murmanskaya Offshore Russia for a 2 well program which is expected to commenc...
Output from huge Kashagan field delayed once again Houston Chronicle TOOLS | Eni, Italy's largest oil company, and partners developing the Kashagan oil field in the Caspian Sea may delay production by as much as two years, the fourth postponement at the 7 billion- to 9 billion-barrel Kazakhstan discovery. | The start ...
Wind drifts out of Japan's green vision Asia Times | By Dave Engler | In Japan, the country that hosted the Kyoto Protocol and wrote the book on solar policy, the wind-power industry has ground almost to a halt. Among the culprits: policy, cost and technology challenges. Yokohama's wind turbine, one of the tallest in Japan, was meant to symbolize a commitment to wind power, but now seems to represe...
Barcelona forced to ship in water Al Jazeera Spain's worst drought in decades has forced the city of Barcelona to begin shipping in drinking water in an unprecedented effort to avoid water restrictions before the start of the holiday season. A ship carrying 19,000 cubic metres of water from nearby Tarragona docked in Barcelona's port on Tuesday morning. A second vessel from Marsei...
