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Blaze at leaking Australian oil rig contained: operator Sydney (AFP) Nov 3, 2009 
A blaze at an oil rig off Australia was brought under control on Tuesday when experts managed to plug a leak that has spewed tonnes of crude over the past 10 weeks, the well's operator said. PTTEP Australasia said its fifth attempt to plug the leak had been successful and it had stopped the main fire at the wellhead platform. "The fire at the West Atlas rig at Montara wellhead platform ... read moreIraq signs mega oil deal with BP and CNPC 
Baghdad (AFP) Nov 3, 2009Iraq formally signed a deal with Britain's BP and China's CNPC on Tuesday to almost triple production at a giant southern oilfield. "The two companies will invest 50 billion dollars in the project," Oil Minister Hussein al-Shahristani, told reporters. The 20 year-contract is expected to boost production at the Rumaila field from the current one million barrels per day to around ... more
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Nigeria to begin re-training ex-oil rebels : defence minister
Abuja (AFP) Nov 3, 2009Nigeria is soon to start retraining the first batch of former oil rebels that laid down arms after years of waging attacks on oil facilities in the Niger Delta, a government minister said on Tuesday. A group of 3,000 out of the 15,000 rebels the government has said laid down arms will be signed up for the training exercise to prepare them for re-integration into society. The oil-rich ... more 575-million-dollar fund targets technology startups 
San Francisco (AFP) Nov 2, 2009Silicon Valley venture capital firm Greylock Partners said Monday it has 575 million dollars in a new fund to back promising technology startups. Greylock also announced that LinkedIn co-founder Reid Hoffman is a new investing partner in the firm. The news bodes well for Internet technology entrepreneurs facing an economic climate in which funding sources were evaporating. Greylock ... more Oil prices rebound on weak dollar, US, Chinese data 
New York (AFP) Nov 2, 2009Oil prices rebounded Monday, buoyed by a weaker dollar and positive US and Chinese economic data that bolstered hopes of stronger demand in the two biggest energy-consuming nations. New York's main contract, light sweet crude for delivery in December, jumped 1.13 dollars to 78.13 dollars a barrel. The benchmark contract had tumbled 2.87 dollars Friday. In London, Brent North Sea crude ... more Wave energy moves to underwater grid link 
Pennington, N.J. (UPI) Nov 2, 2009 The prospect of generating large volumes of electricity and then distributing power through underwater grid lines is nearer with successful tests announced Monday. New Jersey-based Ocean Power Technologies Inc. said it tested the feasibility of setting up wave power substations underwater and linking the pods to grids on land for onward transmission of the electricity to consumers. The ... more |
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Japan aims to bury greenhouse gas emissions
Omuta, Japan (AFP) Nov 1, 2009Swathes of dirty clouds brood over a coal plant in rural Japan, but scientists are now hoping to send the pollutants the other way, deep into the bowels of Mother Earth. The cutting-edge but controversial technology of carbon capture and storage (CCS) is being tested at the Mikawa power station, located near the coast of Japan's southern Fukuoka prefecture. Toshiba Corp. has chosen it as ... more Fire on leaking oil rig off Australian coast: officials 
Sydney (AFP) Nov 1, 2009Australian authorities were Sunday ordered to help extinguish a fire which broke out on a leaking oil rig that has been pumping thousands of barrels of oil into the Timor Sea for months. Energy Minister Martin Ferguson directed the National Offshore Petroleum Safety Authority to "extend every possible assistance" to respond to the blaze on the West Atlas rig off Australia's northwest coast. ... more French firm pushes carbon capture solution at US coal plant 
New Haven, West Virginia (AFP) Oct 31, 2009Eyeing lucrative markets in China, India and beyond, French firm Alstom on Friday unveiled the world's largest carbon capture facility at a coal plant -- a technology backers hope will fuel a new multi-billion dollar industry and keep the coal industry alive. Banking that coal power plants will come under legal and financial pressure to reduce emissions as part of efforts to reduce global wa ... more Architectural 'skins' harness energy 
Toronto (UPI) Oct 30, 2009 A new kind of architectural material laid over the exterior of buildings could cool, heat and light interior rooms, a Canadian researcher said. The architectural "skins" would interact with the weather to harness, transfer and release energy, said Filiz Klassen, who teaches at Ryerson University's School of Interior Design. "Scientific research has produced materials that adjust ... more |
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