• Ukraine Claims To Possess World’s Biggest Shale Gas Deposits

    • Date: 29/11/10

    The Ministry of Environment and Natural Resources of Ukraine plans to attract international investors to analyze and develop Ukrainian shale gas deposits. The Ministry, together with the National Joint Stock Company (NAK) “Nadra of Ukraine”, made this announcement at the “World Shale Gas – 2010” exhibition and conference, wichtook place in Dallas-Fort Worth, Texas, USA. […]

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  • Energy Companies Blame Green Taxes For High Bills As Ofgem Launches Prices Inquiry

    • Date: 28/11/10

    Energy firms have blamed the Government’s green taxes for rising customer bills, after Ofgem launched an inquiry into whether they are acting anti-competitively over prices. The regulator is questioning why three suppliers – ScottishPower, Scottish & Southern and Centrica – have raised customer prices for gas and electricity by 7pc to 9pc in quick succession. […]

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  • Peter Bradford: Nuclear Power’s Search For The Taxpayer’s Wallet

    • Date: 27/11/10

    As the new Congress convenes in Washington next year, nuclear power’s apparently limitless quest for federal subsidies will test the resolve of representatives elected to end Washington’s culture of entitlement and the costs it imposes on American taxpayers. For 10 years now, lobbyists favoring a “renaissance” in building new U.S. reactors have been lining up […]

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  • ‘Doomed Technology’: EPR Nuclear Reactor No Longer Competitive

    • Date: 27/11/10

    EDF Reactor Design Slated for Calvert Cliffs, Other U.S. Sites is ‘in Crisis,’ Unlikely to Succeed Even With Major Government, Ratepayer Help. “For the governments of countries like the USA and the UK, which have invested little political capital in the French nuclear dream, the sensible course is clear: stop all investment of public money […]

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  • Europe Is Swimming In Gas

    • Date: 26/11/10

    The U.S. is starting to supply gas to Europe. The surplus of domestic production and the active procurement of LNG in Qatar allowed the country to re-export gas using the so-called arbitrage transactions which means transferring purchased gas to new buyers. The first gas transport will come to the UK this weekend. The re-export of […]

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  • Forget Decarbonisation: Obama’s Shale Gas Bonanza

    • Date: 25/11/10

    Over the past two years, a controversial new drilling technique has unlocked massive reserves of U.S. natural gas, transforming the prospects for domestic energy production. The State Department has begun promoting the technology abroad, saying that if it were adopted in China, Eastern Europe, and India, it would boost exports, significantly reduce Russian and Middle […]

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  • Green Energy Funding Slumps

    • Date: 25/11/10

    Start-up funding for clean energy companies around the world has slumped in the last quarter, falling nearly a fifth since the previous three months, according to a new report. Investment by venture capital and private equity firms in clean technology and renewable energy companies has fallen from €4.3bn to €3.5bn ($5.5bn) since the second quarter, […]

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  • Methane Hydrates: The Next Energy Revolution?

    • Date: 24/11/10

    Global estimates “range from merely jaw-dropping to the truly staggering,” according to the U.S. Department of Energy. Canada is believed to have enough hydrates along its coasts to meet the country’s energy needs for a couple of hundred years. Japan looks to offshore methane hydrates to cut reliance on energy imports – Japan, which imports […]

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