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| April 22, 2014 |
China 'very concerned' over workers kidnapped in Sudan Khartoum (AFP) April 21, 2014 - China on Monday expressed worry over the fate of two of its nationals abducted along with others from an oilfield in the war-torn Kordofan region. An official at Beijing's Khartoum embassy said "there are two" Chinese missing, updating earlier information from Sudan's military which said one Chinese was among those kidnapped on Friday. Algeria's foreign ministry on Sunday confirmed that ... more | ![]() |
Westinghouse and Ontario Power Gen Sign Agreement to Service Global Nuclear Markets Pittsburgh PA (SPX) Apr 22, 2014 - Westinghouse Electric Company and Ontario Power Generation, Inc. (OPG), through its subsidiary, Canadian Nuclear Partners (CNP), have announced an agreement that would enable the two companies to work together on a wide range of global nuclear projects. Under the agreement, the companies will consider a diversity of nuclear projects including refurbishment, maintenance and outage services, ... more | ![]() |
Researchers launch smart grid epicenter at NMSU Las Cruces NM (SPX) Apr 22, 2014 - Professor Enrico Pontelli has received a $5 million, five-year grant from the National Science Foundation's Center for Research Excellence in Science and Technology (CREST) to launch research that will focus on intelligent technologies for smart grids and develop a broad culture of smart grids at New Mexico State University. Pontelli and his colleagues were recognized for their efforts at a Res ... more | ![]() |
Huge boost in energy 'peak load' financial incentives in Summer 2014 for NYC's largest energy users Valhalla NY (SPX) Apr 22, 2014 - ConEdison Solutions is alerting developers, building owners and institutions in New York City to take advantage of major increases in "peak demand," or peak load, financial incentives offered to large energy users that agree to partially curtail energy use on the summer's hottest days, when energy demand reaches its peak. The proposed incentive levels in 2014 will increase payments by 60 p ... more | ![]() |
Chiral breathing: Electrically controlled polymer changes its optical properties Warsaw, Poland (SPX) Apr 22, 2014 - Electrically controlled glasses with continuously adjustable transparency, new polarisation filters, and even chemosensors capable of detecting single molecules of specific chemicals could be fabricated thanks to a new polymer unprecedentedly combining optical and electrical properties. An international team of chemists from Italy, Germany, and Poland developed a polymer with unique optica ... more | ![]() |
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Geothermal Showcase to offer investor a global perpective on opportunities Washington DC (SPX) Apr 22, 2014 - On April 22 (Earth Day), the Geothermal Energy Association will host the GEA International Geothermal Showcase, bringing together representatives from 34 countries and representing more than half of all geothermal projects worldwide. "The International Showcase is the perfect opportunity for investors to get a primer on the opportunities available in the geothermal sector," notes Karl Gawe ... more | ![]() |
China looks toward greener energy future Beijing (UPI) Apr 21, 2013 - Chinese Premier Li Kegiang said it was time for policymakers to "wage a war" against pollution by embracing greener energy policies. Li told members of the National Energy Commission the government needed to develop a low-carbon economy to keep climate issues in check. "China will wage a war against smog weather and step up ecological protection measures by further saving energy ... more | ![]() |
China falls for 4x4s at Beijing Auto Show Beijing (AFP) April 22, 2014 - Bulky, brash and wildly popular in Europe and the US, the urban 4x4 is the latest must-have for Chinese drivers, whose conversion to the cult of the SUV is the talking point of this year's Beijing Auto Show. The SUV (sport utility vehicle), with a distinctive stocky frame, all-wheel drive and "rugged" image, has become equally coveted and ridiculed in the West in recent years, but is a recen ... more | ![]() |
Ubiquitous Energy Secures Series A Financing Cambridge MA (SPX) Apr 22, 2014 - On March 27, 2014, Ubiquitous Energy secured $5.8 million in its Series A financing. Los Angeles-based Riverhorse Investments led the financing with oversubscribed participation from a syndicate of investors, including follow-on from existing investors Arunas Chesonis and Cranberry Capital. In connection with the financing, Vladmir Bulovic, MIT School of Engineering's Associate Dean for In ... more | ![]() |
Kremlin welcomes EU's 'positive tune' on energy Moscow (UPI) Apr 21, 2013 - A spokesman for the Kremlin said Monday the Russian government was optimistic about energy security in Eastern Europe following talks with the European Union. Russian President Vladimir Putin had warned European leaders the region's energy security was at risk because of Ukraine's mounting natural gas debt. European consumers get about a quarter of their gas needs met by Russian energy ... more | ![]() |
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Iran claims expertise in deepwater exploration Tehran (UPI) Apr 21, 2013 - Iran is the only member of the Organization of Petroleum Exporting Countries that has expertise in deepwater oil and gas exploration, an official said. Ali Osouli, director of the Khazar Exploration and Production Co. in Iran, said exploring the reserves in the deep Caspian basin requires technological expertise only a few countries possess. "At present, Iran is at the top of Ca ... more | ![]() |
British shale sector not in prime time London (UPI) Apr 21, 2013 - A British government report on the shale oil and natural gas sector suggests the infrastructure and labor pool isn't yet in place for full utilization. The British Geological Survey last year estimated the Bowland shale formation in the north of the country contains 1.3 quadrillion cubic feet of natural gas. The government says shale could ensure energy security for a country where net ... more | ![]() |
Taiwan anti-nuclear activist starts hunger strike Taipei (AFP) April 22, 2014 - Former Taiwanese opposition leader and anti-nuclear activist Lin Yi-hsiung Tuesday launched an indefinite hunger strike in protest at a nearly completed nuclear facility, while some of his supporters clashed with police. "It's very meaningful to be doing something good for Taiwan - I feel very calm," Lin told a crowd of reporters and supporters before he began the hunger strike. He adde ... more | ![]() |
Libya expects delays at key oil terminal Tripoli, Libya (UPI) Apr 21, 2013 - Libyan Justice Minister Salah al-Mergahani said the Zueitina oil terminal in the east of the country remains closed because of technical problems. Eastern rebel leaders vying for more autonomy over a region known as Cyrenaica blocked the export terminals of Es Sider, Ras Lanuf and Zueitina in July. The Libyan government in early April reached a deal with eastern rebel leaders to ... more | ![]() |
Keystone delay draws mixed reviews Washington (UPI) Apr 21, 2013 - A decision to hold off on a permit for the Keystone XL was met by dueling claims about the wisdom of energy policies of the Obama administration. The U.S. State Department said Friday a challenge to a state law giving Nebraska Gov. Dave Heineman authority over the pipeline's route and the more than 2.5 million public comments meant more time was needed for review. TransCanada sub ... more | ![]() |
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Luxury and large cars claim China auto show spotlight Beijing (AFP) April 21, 2014 - Factfile on new and concept cars at the Beijing auto show, which opened to the public Monday and spotlighted sport utility vehicles (SUVs), luxury cars and large sedans: SPORT UTILITY VEHICLES - Mercedes-Benz of Germany's Daimler presented a Coupe SUV concept, aimed at competing with BMW's X6, which was the first to combine the utility of an SUV and the attractiveness of a coupe, with ... more | ![]() |
Hitachi to provide world's fastest elevator to China Tokyo (AFP) April 21, 2014 - Japan's Hitachi said Monday it will provide the world's fastest elevators, which can clock speeds of up to 72 kilometres (45 miles) per hour, to a high-rise building in China. The lifts will be delivered to the 111-storey, 530-metre (1,740-foot)-tall Guangzhou CTF Financial Centre due to be opened in the southern Chinese city of Guangzhou in 2016, the electronics and engineering firm said in ... more | ![]() |
Taiwan premier rejects call to scrap nuclear plant Taipei (AFP) April 21, 2014 - Taiwan's Premier Jiang Yi-huah on Monday rejected a call from the main opposition party to scrap a nearly completed nuclear power plant, despite planned protests including a hunger strike. "It would be difficult to stop the construction of the fourth nuclear power plant simply by issuing an administrative order," Jiang told reporters after a closed-door discussion with Su Tseng-chang, chairm ... more | ![]() |
China cuts reserve requirements for rural banks Beijing (AFP) April 22, 2014 - China will cut the amount of funds rural banks must keep in reserve by up to two percentage points, the central bank said Tuesday, easing monetary policy in a bid to boost its slowing economy. The announcement comes after the government said last week that gross domestic product grew 7.4 percent year-on-year in the first quarter, sharply down from 7.7 percent the previous three months owing ... more | ![]() |
China's Shandong Airlines orders 50 Boeing planes for $4.6 bn Beijing (AFP) April 22, 2014 - Shandong Airlines, one of China's smaller carriers, said it has agreed to buy 50 passenger planes from US manufacturer Boeing for $4.6 billion, in another sign of the country's growing demand for air travel. The company signed a deal on Monday to purchase 16 Boeing 737-800s and 34 Boeing 737 MAX planes, a statement said, in a drive to grow its fleet for future business expansion. China's ... more | ![]() |
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