Washington (AFP) June 18, 2008 - US President George W. Bush on Wednesday urged Congress to lift a decades-old ban on offshore oil drilling to reduce dependence on foreign imports and offset sky-high energy prices.
Moscow (SPX) Jun 18, 2008 - Russian energy giant Gazprom intends to invest between 8 and 10 trillion rubles ($338-422 billion) in a range of projects between 2009 and 2020, a company spokesman said on Monday.
Berlin (AFP) June 18, 2008 - The German cabinet on Wednesday adopted new measures aimed at cutting the country's carbon dioxide emissions by more than a third by 2020, the environment ministry said.
Tokyo (AFP) June 18, 2008 - Japan and China said Wednesday they had struck a deal to jointly develop gas fields in the East China Sea, partly resolving a spat that has been a thorn in ties between the major energy importers.
Moscow (SPX) Jun 18, 2008 - In 2001, the world's airlines sustained a record aggregate loss of $13 billion as a result of a terrorist attack on the World Trade Center in New York City. After such a shock, many people sharply cut down on their air travel.
- Americans remain optimistic that a last minute deal can be reached, reported The Wall Street Journal in its June 14-15, 2008 edition, describing an impasse over an extraordinary long-term security deal between the United States and Iraqi governments that would keep U.S. troops in Iraq for many, many years.
Moscow (SPX) Jun 18, 2008 - Sakhalin Energy said on Monday it had signed a $5.3 billion deal to finance the 2nd phase of the Sakhalin II oil and gas project off Russia's Pacific Coast.
Uppsala, Sweden (SPX) Jun 17, 2008 - An international research team led by Swedish Professor Rajeev Ahuja, Uppsala University, has demonstrated an atomistic mechanism of hydrogen release in magnesium nanoparticles - a potential hydrogen storage material. The findings have been published in the online edition of Proceedings of the National Academy of Science (PNAS).
Baghdad (UPI) Jun 17, 2008 - The Kirkuk oil field in northern Iraq could be producing 70,000 barrels more per day, but a dispute between Iraq's central and Kurdish regional governments has kept the needed equipment gathering dust.
Minneapolis MN (SPX) Jun 17, 2008 - High Country Energy, along with its manager National Wind, have announced the nation's first intrastate public offering of a wind project's securities.
Spangdahlem AFB, Germany (AFNS) Jun 17, 2008 - There are not many Airmen with two stripes who have a job that gives them the authority to halt flying operations across the entire installation.
Tokyo (AFP) June 17, 2008 - Japanese Prime Minister Yasuo Fukuda said Tuesday there was a strong likelihood that a long-running spat with China on gas fields would be resolved soon.
Beijing (AFP) June 16, 2008 - China's pointman on US trade ties Monday urged Washington to work closely with Beijing to develop energy-efficient and pollution-reducing technologies as he heads to the United States for economic talks.
Lagos (AFP) June 16, 2008 - Russian gas giant Gazprom and several Chinese companies are interested in replacing Royal Dutch Shell in the Ogoniland region of the Niger Delta following the Nigerian government's decision to award the oil fields to another company, the daily This Day reported Monday.
Hong Kong (AFP) June 16, 2008 - Hong Kong is looking at developing its own oil futures market as China tries to counter the effect of the commodity's rocketing price, the city's financial secretary said Monday.
Washington DC (UPI) Jun 16, 2008 - New biofuels mandates will be essential to getting the industry up and running, proponents argue, but whether the harms outweigh the benefits is still up for debate.
