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FEBRUARY 20, 2006 24/7 News Coverage our time will build eternity
No Change In India Energy Policy
New Delhi (UPI) Feb 08, 2006
India's new business-friendly oil minister, Murli Deora, is unlikely to make any drastic changes to the country's energy policy, Indian energy analysts said Wednesday.

  
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Brazil Seeks To Bolster Ethanol Sector
Rio De Janeiro (UPI) Feb 06, 2006
Brazilian officials are jockeying for funding to increase the country's production of ethanol, a leading bio-fuel that is cleaner burning that petroleum.

Scepticism Over Bush's Call For Dramatic Cut In Mideast Oil Imports
Washington (AFP) Feb 01, 2006
US President George W. Bush has vowed his country will slash imports of Middle East oil by 2025 but has given only a vague outline of how he will change the gas-guzzling habits of Americans.

Russia Muzzles Experts Critical Of Oil Pipeline To Asia
Moscow (AFP) Jan 30, 2006
State-sponsored Russian environmental experts warning that a planned oil pipeline could pollute the pristine Lake Baikal in Siberia complained Monday of "colossal" state pressure to drop their objections.

Iran, Nigeria Lead To Oil Spike
Washington (UPI) Jan 17, 2006
Oil prices are likely to continue to rise amid nuclear tensions with Iran and political instability in Nigeria, experts say.

China's Developing World Energy Strategy
Beijing (UPI) Jan 13, 2006
A big part of China's efforts to put its affairs in order before lunar new year celebrations is focused on energy security issues with other developing nations.

China's Race For Energy Resources Only Just Heating Up
Shanghai (AFP) Jan 10, 2006
China's 2.3-billion-dollar Nigerian oil venture is a major step forward for the energy ravenous country as it seeks to power its fast-growing economy but analysts said Tuesday the race was just heating up.

Behind Russia's Gas Policy
Moscow (UPI) Jan 04, 2006
Gas prices have become the central issue in relations between post-Soviet countries. Ukraine, Georgia and Moldova, which recently set up the Union of Democratic Choice (UDC), a geopolitical alternative to Russia, are all consumers of Russian gas.

Analysis: Oil Still A Lucrative Business
New York (UPI) Jan 04, 2006
There was a record $390 billion in energy mergers and acquisitions in 2005 despite volatility in energy prices, and energy deals in 2006 could set a new record. Oil is still a lucrative business, and natural gas hopes to catch up as the "new oil" in the not too distant future.

OPEC Hawks Play Nice Guys
Kuwait City (UPI) Dec 11, 2005
Even traditionally hawkish oil producing nations are following the moderates and taking a low profile at the latest OPEC summit.

Gazprom's New Era
Moscow (UPI) Dec 09, 2005
Russia's state-controlled energy giant Gazprom has experienced a day it will remember as the start of a new era. The government passed legislation allowing foreign investors to own up to 49 percent of Gazprom shares, the company began building a pipeline directly to Europe, and the gas war with Ukraine is all but resolved.

Massive Explosions Hit Key British Oil Depot, Hurt 43
Hemel Hempstead, England (AFP) Dec 09, 2005
A massive fire was still raging late on Sunday after explosions ripped through a key British oil depot, sending orange fireballs and thick black smoke into the sky of southern England.

Is The Flow Of Oil Assured
Washington (UPI) Dec 04, 2005
Some industry experts argue new technologies can maximize oil usage with the discovery of more oil fields and extract more oil from current and future fields, while others debate the feasibility of technology saving "peak oil."


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