Washington DC (SPX) May 22, 2008 - Speaker Nancy Pelosi released the following statement following news that President Bush has signed legislation to temporarily suspend the filling of the Strategic Petroleum Reserve through the end of the year, as long as the price of crude oil remains above $75 per barrel.
St. Petersburg FL (SPX) May 22, 2008 - Progress Energy Florida has selected a preferred corridor for potential transmission lines that predominantly follows the path of existing lines across nine Central Florida counties, minimizing the impact on the community and the environment.
Moscow (AFP) May 22, 2008 - Moscow and Beijing are close to reaching agreement on building a pipeline from Siberia's oil fields to energy-hungry China, Russian President Dmitry Medvedev said Thursday.
Astana (AFP) May 22, 2008 - Russia's new president, Dmitry Medvedev, declared a pragmatic and open foreign policy as he began his first foreign tour since taking office, holding talks in Kazakhstan before heading to China.
Minneapolis MN (SPX) May 22, 2008 - Following a three-month demonstration of Minnesota-based energy technology company Independent Natural Resources's (INRI) SEADOG Pump system, researchers from the Texas A and M University at Galveston Marine Engineering Technology Department released a report today validating the performance and output of the innovative yet simple technology.
Geneva (AFP) May 22, 2008 - New investments and subsidies favouring the production of biofuels should be frozen in an effort to curb food price rises, the United Nations' new independent expert on the right to food said Thursday.
Anaheim CA (SPX) May 22, 2008 - The U.S. Postal Service chose the state with the most progressive environmental record in the nation as the place to announce the creation of a corporate vice president of sustainability.
Washington (UPI) May 21, 2008 - For the last decade the U.S. administration has brandished the 1996 Iran-Libya Sanctions Act to isolate Iran and punish naughty Western companies seeking a foothold in Iran's hydrocarbon sector. Since the 1979 Iranian Revolution overthrew Shah Mohammad Reza Pahlavi, it has been a core tenet of U.S. foreign policy to contain the Islamic Republic of Iran, and ILSA is the most formidable weapon in Washington's arsenal.
- The Nigerian government announced it intends to employ the very same militants often blamed for attacks on oil installations in the Niger Delta to guard the region's oil pipelines.
Miami (UPI) May 21, 2008 - Following the discovery of a U.S. Navy fighter in Venezuelan airspace, President Hugo Chavez warned that oil prices could reach $500 a barrel were the United States to attack Venezuela.
Strasbourg (AFP) May 21, 2008 - The European Parliament on Wednesday called for more research into the impact of developing biofuels to combat climate change, a strategy which has been criticised amid a world food crisis.
Paris (AFP) May 21, 2008 - French researchers said on Wednesday they had invented a hydrogen fuel cell as a backup power source for mobile phones, thus easing dependence on an electricity supply to charge the gadget.
Jakarta (AFP) May 21, 2008 - The government of Indonesia, the world's largest palm oil producer, is now looking at its vast easternmost provinces in Papua to expand its palm oil plantations, a senior official said Wednesday.
Washington (AFP) May 21, 2008 - Amid a surge in food prices blamed in part on US expansion of corn-based ethanol production, lawmakers, experts and industry officials are urging the government to rethink a new law mandating alternative fuels.
Orangeville, Canada (SPX) May 20, 2008 - Global 8 Environmental Technologies has announced the formation of four wholly-owned subsidiaries: Global 8 BioOrganics, Global 8 BioEnergy, Global 8 WaterFlow, and Global 8 Airflow.
Bellevue WA (SPX) May 20, 2008 - A Pacific Northwest renewable heating solutions manufacturer - Greenwood Technologies - is blazing a new trail in the clean technology market. The company has overhauled the traditional outdoor wood boiler to create a next generation of indoor and outdoor wood-fired furnaces, and investors are starting to take notice.
