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News & Updates

April 2, 2012 Popular wind-energy tax credit stumbles in Congress

Source: Denver Post

WASHINGTON — Though the wind- energy tax credit is widely supported among Republicans and Democrats here, the push to get it extended has become an almost full-time job on the part of a handful of senators, including Colorado's...

April 2, 2012 Electric vehicles lead pack in greening corporate fleets

Source: GreenBiz

In the increasingly competitive race to create the greenest fleet in North America, Frito-Lay took another small step forward this week, adding five all-electric delivery vehicles to its Northern California routes. Since 2010,...

April 2, 2012 Energy and Water Famine in Bangladesh

Source: Energy Bangla

Our friends and relatives living in Bangladesh whenever they chat on internet are complaining of serious electricity, gas and water crisis. When we browse Bangladeshi newspapers on internet energy crisis, water supply crisis,...

April 2, 2012 Total wants to send helicopter team to gas leak platform

Source: BBC News

Officials from oil company Total are due to meet health and safety experts to discuss efforts to plug a North Sea gas leak. All workers were removed from the Elgin platform, 150 miles off Aberdeen, when gas began escaping eight...

March 31, 2012 Exxon Retains Disputed Field With Alaska Condensate Deal

Source: Bloomberg

Exxon Mobil Corp. (XOM), ConocoPhillips (COP) and BP Plc (BP/) agreed to pump light crude oil from a dormant Alaskan field and offer natural gas to Asian utilities in exchange for the right to retain leases the state sought to...

March 30, 2012 Japan Admits Nuclear Plant Still Poses Dangers

Source: NY Times

TOKYO — The damage to the core of at least one of the meltdown-stricken reactors at Fukushima could be far worse than previously thought, raising fresh concerns over the plant’s stability and gravely complicating the...

March 30, 2012 Carbon 'Like Titanic' Sinking on EU Permit Glut

Source: BusinessWeek

The plunge in European Union carbon permits is putting prices on course for their longest-ever decline and shows no sign of ending as member states wrangle over curbing a glut in the market.

March 30, 2012 Shale gas industry needs ESG standards – F&C

Source: Environmental Finance

Investment firm F&C has started an initiative to indentify environmental, social and governance (ESG) standards for companies involved in shale gas extraction. The UK-based asset manager is also calling for leading shale gas...

March 30, 2012 The End Of Exxon's Reign? PetroChina Now The Biggest Oil Producer

Source: Forbes

Everybody likes to compare themselves to the biggest and the best. For years, Exxon Mobil was the largest publicly traded company in the US and the biggest producer of oil and natural gas. Many have challenged its dominance, and...

March 29, 2012 Chinese firm surpasses Exxon in oil production

Source: Seattle PI

Exxon Mobil is no longer the world's biggest publicly traded producer of oil. For the first time, that distinction belongs to a 13-year-old Chinese company called PetroChina. The Beijing company was created by the Chinese...

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