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Energy

  • Americans prefer energy fix to cancer cure: Survey

    A nationwide survey of nearly 700 people suggests that Americans would prefer more money be invested in technology to solve the nation's energy ailments than to cure cancer or other diseases. Some 37% of respondents to the poll, conducted by the Fairfax County Economic Development Authority in Virginia, said they would rank spending to raise energy efficiency and develop alternative fuel technology a top priority for future investment. That compares with 30% who ranked more cash for medical breakthroughs as most important.

  • Petrol price to keep rising: Caltex

    Motorists can expect to pay even more at the bowser with oil prices to continue rising, says the chief of Caltex Australia. "There is long-term upward pressure on petrol prices and Australians, like motorists around the world, can expect to pay more," Caltex chairman Elizabeth Bryan told shareholders today at the company's annual general meeting in Sydney. Ms Bryan said that, as an oil refiner and marketer rather than producer or explorer, Caltex was forced to pay the world price for oil.

  • No free energy saver bulbs: Minister ignores Prime Minister's directive

    The Minister for Water and Power, Pervez Ashraf, on Wednesday refused to follow Prime Minister Yousuf Raza Gilani's directive on 'free of cost' provision of energy saver bulbs to consumers. Prime Minister Gilani in his first speech in the National Assembly had announced that 10 million energy savers would be provided to consumers free of cost.

  • CM's call to conserve environment

    With creating awareness of environment among people, the Delhi Chief Minister, Mrs Sheila Dikshit, today exhorted them to come forward to preserve and conserve environment of the earth planet. She further exhorted them to make rational use of natural resources to ensure better future. She said that her government would introduce water-harvesting scheme in 205 schools in the Capital for which an amount of Rs 40 crore has been earmarked.

  • PMC keen to switch on new save energy' plan

    It's not unusual to see the streetlights burning bright even in broad daylight. While on the one hand the Pune Municipal Corporation is supporting the

  • Start-up: Affordable solar power possible in a year

    A Silicon Valley start-up says it has developed technology that can deliver solar power in about a year at prices competitive with coal-fired electricity, a milestone that would leapfrog other more established players and turbocharge the fast-growing industry. SUNRGI's "concentrated photovoltaic" system relies on lenses to magnify sunlight 2,000 times, letting it produce as much electricity as standard panels with a far smaller system. Craig Goodman, head of the National Energy Marketers Association, is expected to announce the breakthrough Tuesday.

  • Bush Says No Magic Wand To Lower Fuel Prices

    US President George W. Bush said on Tuesday there was no "magic wand" to bring down record-high fuel prices but would consider a proposal to suspend federal gasoline taxes this summer -- an idea that has divided the 2008 presidential candidates. Trying to calm anxious Americans facing $3.60 a gallon gasoline and soaring grocery bills, Bush again prodded Congress to open an Alaska wildlife refuge to oil drilling and allow construction of more nuclear and coal plants.

  • Iranian president launches energy project in Sri Lanka

    Iranian president Mahmoud Ahmadinejad on Tuesday launched a 1.2 billion dollars project largely funded by Tehran to upgrade Sri Lanka's sole oil refinery, officials said. Ahmadinejad and Sri Lankan president Mahinda Rajapakse planted an ebony sapling to launch work at the Sapugaskande refinery, just outside the capital Colombo. The four-year upgrade will triple Sri Lanka's refinery capacity to 150,000 barrels per day from the current 50,000 barrels.

  • Sindh cabinet to take up Thar power project

    The Sindh cabinet has decided to investigate alleged wrongdoings in the signing of memorandums of understanding for the Thar coal power project and take action against those responsible. The cabinet decided in a meeting presided over by Chief Minister Qaim Ali Shah here on Tuesday to expedite implementation of the project with the help of the federal government to overcome the energy shortage.

  • Petrol, diesel prices raised by Rs 3 per litre

    The government has increased petroleum products' prices for next 15 days by Rs 3 per litre except kerosene oil to pass on the impact of surge in international market rates to the consumers. The new prices will be effective from May 1 (today).

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