IT'S OFFICIAL now. With an eye to participate in the growing national electricity market, the Goenkas of RPG are taking big strides in the power trading spectrum. For starters, they've floated a brand new corporate entity, RPG Power Trading Co, which will have offices in Kolkata and Delhi. The Registrar of Companies (RoC) has issued relevant statutory clearances, a senior RPG group executive told ET.
Biofuels, once seen as a key factor in curbing greenhouse gas emissions, are behind the current global food crisis, major oil producers and consumers charged at an energy forum here on Monday. "A conflict (is) emerging between foodstuffs and fuel ... with disastrous social conflicts and dubious environmental results,' outgoing Italian Prime Minister Romano Prodi told the International Energy Forum here as rising food prices worldwide raise the spectre of famine in some countries.
Japanese and European Union leaders on Wednesday agreed to push for the launch by the Group of Eight powers of a new energy-saving framework to curb global warming at July's G-8 summit in Japan, while sharing
FARMERS in the northern districts are facing great troubles to irrigate the last moment boro fields before harvesting due to frequent power outages. Thousands of power-run pumps remain inoperative in most of the time in a day for the frequent load-shedding. The dream of bumper production of boro paddy will be shattered if the situation of power outages is not improved immediately, the farmers said.
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.
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.
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.
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.
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
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.
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 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.
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.
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).
Carol E. MurphyThis week, through Friday, Carol E. Murphy will be taking questions about alternative energy choices for consumers, what New York City is doing to decrease its reliance on fossil fuels and how city dwellers can decrease their "carbon footprint.' Submit your question in the box below.
Sindh Information Minister Shazia Marri has said that the government will soon announce a policy for pollution control and energy conservation. She was speaking at a recently held Earth Day Carnival, jointly organised by Promoloon and UHU at Sindbad Kids park in connection with World Environment Day. Social Welfare Minister Begum N D Khan, was also present on the occasion. Shazia Marri underlined the need for a joint struggle to solving these problems which were the outcome of population explosion in the country.
The death of about 500 ducks that landed in a pond of oily, toxic sludge operated by Canada's biggest oil sands producer was tragic, the chief executive of Imperial Oil Ltd said Thursday. Imperial has a 25 percent stake in oil sand producer Syncrude Canada Ltd, owner of the tailings pond in northern Alberta, where the ducks died earlier this week because a warning system meant to keep them off wasn't operating. "Without question, I think it was not only an unfortunate event but a really tragic one," Imperial CEO Bruce March told reporters following the company's annual meeting.
China has overtaken the USA to become the world's No. 1 industrial source of carbon dioxide, the most important global-warming pollutant, according to a scientific study to be published today. The study and two others
IT IS great to see that we finally have some national unity on energy policy. Unfortunately, the unifying idea is so ridiculous, so unworthy of the people aspiring to lead our nation, it takes your breath away. Hillary Clinton has decided to line up with John McCain in pushing to suspend the federal excise tax on petrol, 18.4 cents a gallon, for this summer's travel season. This is not an energy policy. This is money laundering: we borrow money from China and ship it to Saudi Arabia and take a little cut for ourselves as it goes through our petrol tanks. What a way to build our country.
VICTORIA'S brown coal industry will benefit from a multimillion-dollar investment flowing into clean-coal technology company Exergen. Indian multinational company Tata Power and Australian engineering services company Sedgman yesterday announced their investment at Beaconsfield, Tasmania, the site of Exergen's pilot plant. They join foundation investor Thiess. The size and conditions of the investment are being kept confidential, but the money will help fund a $20 million engineering study to be conducted over the next eight to nine months.
