Energy News

A solar thermal electric power plant in Sanlucar La Mayor in February 2008. The world must speed up the deployment of solar power as it has the potential to meet all the world's energy needs, the chairman of an industry gathering which wrapped up Friday in Spain said.(AFP/File/Cristina Quicler)

Solar energy can meet all the world's energy demands: expert

AFP - 2 hours, 10 minutes ago

MADRID (AFP) - The world must speed up the deployment of solar power as it has the potential to meet all the world's energy needs, the chairman of an industry gathering which wrapped up Friday in Spain said.

  • A general view shows the artificial Mittelplate drilling and production island for oil in the Wattenmeer tidelands off the coast of the German state of Schleswig-Holstein north-west of Cuxhaven July 12, 2007. (Fabrizio Bensch/Reuters)
    Congress faces big push on offshore drilling Reuters - 2 hours, 13 minutes ago

    WASHINGTON (Reuters) - America's pain at the gasoline pump has been years in the making, but there will be a big push in Congress next week, when lawmakers return from summer break, to fix the problem by expanding offshore oil drilling.

  • Senator Lindsey Graham speaks at the 2008 Republican National Convention in St. Paul, Minnesota September 4, 2008. (Mike Segar/Reuters)
    McCain and Obama clash on economy Reuters - 1 hour, 6 minutes ago

    CEDARBURG, Wisconsin (Reuters) - Presidential rivals John McCain and Barack Obama, back on the campaign trail after their party conventions, clashed over the ailing U.S. economy on Friday as unemployment hit its highest monthly rate in nearly five years.

  • Alaska Governor and Republican vice presidential nominee Sarah Palin speaks to reporters at the Republican Governor's Association gathering at the Museum of Russian Art in Minneapolis, Minnesota, September 4, 2008. (Robert Galbraith/Reuters)
    Alaska gas project hailed by Palin still embryonic Reuters - Thu Sep 4, 6:57 PM ET

    ANCHORAGE, Alaska (Reuters) - A long-delayed natural gas pipeline championed by Gov. Sarah Palin that would carry supplies from Alaska to Canada and then to the lower 48 states exists in concept only and is years away from fruition.

  • British-Russian oil giant TNK-BP offices in Moscow. British and Russian shareholders on Thursday announced an end to a months-long feud for control of joint oil venture TNK-BP, in a move hailed by the Kremlin as a positive signal to foreign investors.(AFP/File/Natalia Kolesnikova)
    Deal ends feud over BP's Russia venture AFP - Thu Sep 4, 12:24 PM ET

    MOSCOW (AFP) - British and Russian shareholders on Thursday announced an end to a months-long feud for control of joint oil venture TNK-BP, in a move hailed by the Kremlin as a positive signal to foreign investors.

  • An Orangutan stands by a river in Nyaru Menteng, Central Kalimantan in 2006. A decision by Indonesian palm oil companies to reject a moratorium on land clearing is threatening to wipe out more than 8,000 orangutans in the next three years, activists said Thursday.(AFP/File/Bay Ismoyo)
    Palm oil firms' moratorium rejection threatens orangutans: activists AFP - Thu Sep 4, 12:00 PM ET

    JAKARTA (AFP) - A decision by Indonesian palm oil companies to reject a moratorium on land clearing is threatening to wipe out more than 8,000 orangutans in the next three years, activists said Thursday.

  • Helicopter strikes oil rig off Dubai coast; 7 dead AP - Thu Sep 4, 9:28 AM ET

    DUBAI, United Arab Emirates - A helicopter carrying foreign contractors crashed into an oil platform off the coast of Dubai, killing all seven people on board and halting production in one of the emirate's four offshore oil fields, officials said Thursday.

  • An oil refinery on Galveston Bay in Texas City. Oil prices rose slightly on Thursday as markets awaited the latest weekly snapshot of US energy inventories.(AFP/File/Robert Sullivan)
    World oil prices steady ahead of US energy report AFP - Thu Sep 4, 4:45 AM ET

    SINGAPORE (AFP) - World oil prices held steady in Asian trade Thursday ahead of a weekly US energy stockpiles report expected to give clues about the state of American demand for crude, dealers said.

  • A South Korean-built crude oil tanker seen off the country's coast. South Korea has launched an ambitious project to become Northeast Asia's oil storage hub, which officials said will create new business opportunities and ensure energy security.(AFP/HYUNDAI HEAVY INDUSTRIES/File)
    SKorea launches project to become Asian oil storage hub AFP - Thu Sep 4, 2:40 AM ET

    SEOUL (AFP) - South Korea on Thursday launched an ambitious project to become Northeast Asia's oil storage hub, which officials said will create new business opportunities and ensure energy security.

  • Alaska delegate Dave Lewis wears a hardhat referring to oil drilling in Alaska on the floor of the 2008 Republican National Convention in St. Paul, Minnesota September 2, 2008. (Brian Snyder/Reuters)
    Palin says U.S. oil imports pose security risk Reuters - Wed Sep 3, 11:21 PM ET

    ST. PAUL (Reuters) - U.S. reliance on imported oil poses a national security risk, and energy policy should include everything from expanding domestic drilling to finding alternative fuels, Alaska Gov. Sarah Palin said on Wednesday.