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TonenGeneral Buys 99% of Exxon Mobil's Stake in Japanese Unit for $3.94 Billion
IBTIMES Sun, 29 Jan 2012 11:51:28 GMT
Japan's second-largest refiner TonenGeneral Sekiyu KK said on Sunday it will buy 99 percent of the shares in the Exxon Mobil Corp.'s Japanese unit, ExxonMobil Yugen Kaisha, for 302 billion yen ($3.94 billion) to improve efficiency.
Total Close to Securing Oil-and-Gas Exploration Rights in Iraqi Kurdistan: Report
IBTIMES Sun, 29 Jan 2012 14:11:53 GMT
French oil firm Total is close to securing exploration rights over several oil-and-gas blocks in Iraqi Kurdistan, the Sunday Times reported. The paper said a deal could be announced within weeks, although it also cited sources close to the situation as saying that the deal could still fall apart.
Iran says oil price could reach $150 per barrel on EU embargo
REUTERS Sun, 29 Jan 2012 10:36:38 GMT
TEHRAN, Jan 29 (Reuters) - Iran said on Sunday that oil prices could reach $150 per barrel as a result of the European Union's ban on imports of oil from the country, deputy oil minister was quoted as saying by the official IRNA news agency.
Total close to securing Kurdistan oil rights - report
REUTERS Sun, 29 Jan 2012 13:24:53 GMT
LONDON, Jan 29 (Reuters) - French oil firm Total is close to securing exploration rights over several oil and gas blocks in Iraqi Kurdistan, the Sunday Times reported.
UPDATE 2-Iran upbeat on nuclear visit, delays EU bill
REUTERS Sun, 29 Jan 2012 14:20:10 GMT
* "Be professional or suffer consequences", official tells IAEA
MIDEAST STOCKS-Egypt extends rally after peaceful demos; Gulf mixed
REUTERS Sun, 29 Jan 2012 15:48:52 GMT
CAIRO/DUBAI, Jan 29 (Reuters) - Egypt's bourse continued its rally on Sunday after a 7 percent surge in the previous session on relief that pro-democracy protests last week took place without major violence, and most Gulf markets ended higher.
Exxon Mobil to Sell Some of Its TonenGeneral Stake for About $3.9 Billion: Sources
IBTIMES Sat, 28 Jan 2012 12:34:13 GMT
The Exxon Mobil Corp. plans to sell a large part of its 50 percent stake in TonenGeneral Sekiyu KK back to its Japanese refining partner in a deal that could be worth about $3.9 billion, with an announcement to be made as early as Monday, four sources with direct knowledge of the matter said.
Petrobras CEO Sees Oil at Between $105 and $125 per Barrel This Year
IBTIMES Sat, 28 Jan 2012 13:48:01 GMT
Demand from emerging markets and financial flows will keep crude prices high and volatile in a range from $105 to $125 per barrel in 2012, Petrobras CEO Jose Sergio Gabrielli said on Saturday.
U.S. Refinery Workers Could Stage Walkout as Soon as Wednesday
IBTIMES Sun, 29 Jan 2012 05:44:10 GMT
The United Steelworkers union warned on Saturday that a strike by U.S. refinery workers as early as 12 a.m. Wednesday was becoming more likely due to "the lack of a more substantive response from the industry.".
Nigeria LNG in talks to raise $1 bln to buy six ships
REUTERS Sat, 28 Jan 2012 13:37:03 GMT
LAGOS, Jan 28 (Reuters) - Nigeria Liquefied Natural Gas Company (NLNG) is looking to raise $1 billion in international markets to acquire six LNG carrier ships, and is in the process of appointing financial advisers for the deal, the company said on Saturday.
Iran oil chief: sanctions to hit EU buyback firms
REUTERS Sat, 28 Jan 2012 19:06:18 GMT
TEHRAN, Jan 28 (Reuters) - European oil companies that are owed oil by Iran could lose out if Iran imposes a ban on crude exports to the EU next week, a measure currently before the Iranian parliament, the head of Iran's state oil company said on Saturday.
UPDATE 1-Iran oil chief: sanctions to hit EU buyback firms
REUTERS Sat, 28 Jan 2012 19:29:23 GMT
* NIOC chief says this could hurt companies owed Iranian oil
UPDATE 1-Tonen buys 99 pct of refinery stake from ExxonMobil for $3.94 bln
REUTERS Sun, 29 Jan 2012 09:41:05 GMT
* ExxonMobil to retain 22 pct of voting shares in TonenGeneral
Exxon to sell part of Tonen stake for $3.9 billion: sources
YAHOO Sat, 28 Jan 2012 16:16:09 GMT
TOKYO (Reuters) - Exxon Mobil plans to sell a large part of its 50 percent stake in TonenGeneral Sekiyu KK back to its Japanese refining partner in a deal that could be worth about 300 billion yen ($3.9 billion), and will make an announcement as early as Monday, four sources with direct knowledge of the matter said. Exxon Mobil will retain about a 20 percent stake in TonenGeneral but the deal will mark a de facto retreat from the world's third-largest economy by the U.S. oil giant, which is focusing its resources on emerging markets and development of natural resources. ...
Emilio Baglietto: Better reactors grow from better simulations
MIT Tue, 24 Jan 2012 14:14:43 GMT
Nuclear fission technology is the only viable grid-scale source of continuous, carbon-free electricity available today — but realizing its potential in the fight against global climate change requires substantial improvements in both the technological and the economic performance of new-generation reactors. Over the last 15 years, computational techniques for modeling reactor behavior on both macro- and microscales have emerged as central tools in this effort, and Department of Nuclear Science and Engineering (NSE) students will have the opportunity to learn about them from a growing faculty group that includes new Assistant Professor Emilio Baglietto, a pioneer in the development of computational fluid dynamics (CFD) technology for the nuclear industry. Baglietto comes to NSE from the engineering simulation software company CD-adapco, where he was director of nuclear applications. He joins a rapidly growing group of NSE faculty working in the field of advanced computation and........
Solving energy problems, one molecule at a time
MIT Thu, 26 Jan 2012 05:00:00 GMT
Jeffrey Grossman says Cambridge has a better climate than California — for carrying out materials science research, that is. That’s why Grossman decided, two years ago, to make the move from the University of California at Berkeley to a position at MIT. “I really don’t like sunshine that much,” he says, in a wry tone that clearly suggests otherwise: It was the innovative climate inside the halls of MIT, not the frigid weather outside, that drew him here. Jeffrey Grossman Photo: M. Scott Brauer Grossman hadn’t been to Cambridge prior to the move, but there was some family history here: His father, Neal, now an associate professor of philosophy emeritus at the University of Illinois at Chicago, is an MIT alumnus (SB ’63). “I have his slide rule,” Grossman says, “that was given to him by his uncle, who was also an MIT alum.” Growing up in suburban Evanston, Ill., Grossman says he decided very early on that he wanted to study physics when he got to college. “It was those mysteries..
Sen. Bernie Sanders Pledges to Introduce Legislation Repealing 'Absurd' Fossil Fuel Subsidies
IBTIMES Tue, 24 Jan 2012 23:28:54 GMT
“The most profitable corporations in the world do not need subsidies from the American people," Sanders said Tuesday at a Capitol Hill rally.
Apple Surge Makes it Most Valuable Company Again -- Briefly
IBTIMES Wed, 25 Jan 2012 17:38:43 GMT
The surge in shares of Apple Wednesday restored its status as the world’s most valuable company.
Japan's Tepco Set for $13B Bailout: Sources
IBTIMES Thu, 26 Jan 2012 03:28:05 GMT
The owner of Japan's stricken nuclear reactor, Tokyo Electric Power Co, will agree to be taken over by the government in a near-$13 billion bailout, sources said on Thursday, even as the country debates the future of nuclear power.
U.S. Appeals Court Explains Chevron-Ecuador Case Decision
IBTIMES Thu, 26 Jan 2012 20:39:49 GMT
The U.S. Second Circuit Court of Appeals on Thursday explained why a New York judge did not have the authority to order an injunction last year prohibiting Ecuadorean plaintiffs from collecting on a ruling against Chevron Corp.
Canadian Feds List Aboriginal Peoples as 'Adversaries' in Oil Sands PR Strategy
IBTIMES Thu, 26 Jan 2012 23:20:55 GMT
An e-mail circulated among individuals close to a Canadian-government sanctioned public relations team, whose charge is to promote Canada's image and natural resources in Europe, labeled aboriginal groups and environmentalist as "adversaries" to the country's business interests.
TransCanada's 'Misleading' Keystone XL Job Creation Numbers Targeted in SEC Complaint
IBTIMES Fri, 27 Jan 2012 17:27:44 GMT
Greenpeace alleges TransCanada's Canadian and U.S. filings demonstrates the company used 'false or misleading' job creation numbers to bolster approval for the Keystone XL pipeline.
Natural Gas Fracking Embraced in Obama's Energy Plan
IBTIMES Fri, 27 Jan 2012 17:41:24 GMT
President Barack Obama made natural gas a central part of the energy plan he detailed in his State of the Union address, taking a firm stance in a highly polarized debate about the method for extracting the fuel.
UPDATE 2-EU law enough for now to regulate shale gas -study
REUTERS Fri, 27 Jan 2012 17:18:28 GMT
BRUSSELS, Jan 27 (Reuters) - EU law is enough for now to regulate shale gas exploration, although changes might be needed to protect the environment once Europe enters the production phase, a study commissioned by the EU found.
ACÇÕES PORTUGAL-PSI20 segue perdas Europa, BES, Galp e PT pressionam
REUTERS Fri, 27 Jan 2012 17:43:11 GMT
LISBOA, 27 Jan (Reuters) - A bolsa portuguesa fechou em terreno negativo, pressionada pelas quedas dos pesos pesados Banco Espírito Santo (BES), Galp e Portugal Telecom, seguindo a tendência das pares europeias, com os investidores desapontados com os números do Produto Interno Bruto (PIB) dos EUA, segundo dealers.
REFILE-UPDATE 1-Urals regains premium in Surgut tender -trade
REUTERS Fri, 27 Jan 2012 18:08:28 GMT
* Surgut sells Feb Primorsk cargo at 35 cent premium to dated
State of the Union: Why Obama energy blueprint has Republicans fuming (+video)
YAHOO Wed, 25 Jan 2012 18:02:00 GMT
President Obama hit several dozen topics in his State of the Union address Tuesday night, but none rankled congressional Republicans quite like his statements on energy policy.
Summary box: Higher oil prices boost Conoco profit
YAHOO Wed, 25 Jan 2012 20:16:34 GMT
GOOD TIMING: ConocoPhillips is growing profit despite a three-year plan to shrink the company. A recent surge in oil prices helped elevate the value of assets it sold in the fourth quarter.
Higher oil prices, asset sales boost Conoco profit
YAHOO Wed, 25 Jan 2012 21:25:59 GMT
Higher oil prices are making it easier for ConocoPhillips to complete a massive transformation this year.
Supreme Court poised to end homeowners’ nightmare story of alleged EPA abuse
YAHOO Thu, 26 Jan 2012 04:44:31 GMT
An Idaho couple facing $37,500 per day in Environmental Protection Agency fines for building on what the agency says is a “wetland” had their day in court — the Supreme Court — on Jan. 9. And the tough questions leveled at the EPA’s attorney by nearly all the justices do not bode well for the federal government’s case.
Austin Technology Incubator Graduates Six Clean Energy Companies: Atonometrics, Dorsan Biofuels, Firefly LED Lighting, Ideal Power Converters, OpenAlgae and RRE Solar
YAHOO Thu, 26 Jan 2012 08:29:02 GMT
Incubator’s Leadership in Clean Energy Grows, Graduates Focus on Solar Photovoltaics, biofuels, LED lighting, electric power convertersAustin, Texas (PRWEB) January 26, 2012 Tonight, at a special graduation and alumni event, the Austin Technology Incubator (ATI), a not-for-profit part of the IC2 Institute of The University of Texas at Austin (UT), will graduate 21 companies. Of those 21, six companies were part of ATI’s Clean Energy portfolio, including Atonometrics, Dorsan Biofuels, Firefly LED Lighting, Ideal Power Converters, OpenAlgae and RRE Solar. ...
BASF, Professional Builder® magazine and Department of Energy to honor ten builders at the Fourth Annual BASF Builders Challenge Awards
YAHOO Thu, 26 Jan 2012 13:02:18 GMT
BASF, in partnership with Professional Builder® magazine and the Department of Energy (DOE), is set to honor 10 U.S. builders for their exceptional achievements in high-performance building at the Fourth Annual BASF Builders Challenge Awards. The ceremony will take place during the 2012 NAHB International Builders Show® (IBS) in Orlando, Florida, on Thursday, Feb. 9, 8-9:30 a.m. at the Professional Builder Show Village, located in the outdoor exhibit area. ...
US unveils offshore oil, gas plan in energy push
YAHOO Thu, 26 Jan 2012 15:35:30 GMT
The United States announced Thursday that it intends to auction off a giant part of the central Gulf of Mexico for oil and gas exploration, in a move to reinvigorate government energy policy.
Android tablet for kids wins best of show at UK toy fair
YAHOO Thu, 26 Jan 2012 15:40:23 GMT
An Android tablet designed for children has been awarded Best of Show at the Toy Fair, held at London's Olympia January 24-26. Runners-up include alternative-energy-powered cars, an electric scooter and an augmented reality game.   
NY court: Judge can't block $18B Ecuador judgment
YAHOO Thu, 26 Jan 2012 17:16:00 GMT
A judge overstepped his authority when he tried to ban enforcement around the world of an $18 billion judgment against Chevron Inc. for environmental damage in Ecuador, a federal appeals court said Thursday as it explained why it lifted the ban last year.
Pennsylvania DCED: State Investment Supports Clean Energy Projects in Six Counties
YAHOO Thu, 26 Jan 2012 18:38:07 GMT
CFA Funding will Support Construction of Pennsylvania's Largest Wind Farm
NY court: Judge can't block $18B Chevron judgment
YAHOO Thu, 26 Jan 2012 18:58:06 GMT
A judge overstepped his authority when he tried to ban enforcement around the world of an $18 billion judgment against Chevron Inc. for environmental damage in Ecuador, a federal appeals court said Thursday.
Amazon Defense Coalition: In Critical Ruling, Chevron Hit Hard By Federal Appellate Court
YAHOO Thu, 26 Jan 2012 19:52:10 GMT
Judge Kaplan Ordered To Dismiss Chevron Case Against Ecuador
Obama looks to Mich. to revive clean energy debate
YAHOO Thu, 26 Jan 2012 22:29:30 GMT
A Michigan factory that made luxury yachts before the recession and diversified to add wind energy products when times got tough was touted by President Barack Obama at his State of the Union Address as an example of an industry creating forward-thinking jobs — with a little help from the government.
No energy industry backing for the word 'fracking'
YAHOO Thu, 26 Jan 2012 22:37:46 GMT
A different kind of F-word is stirring a linguistic and political debate as controversial as what it defines.
Exclusive: Chevron to face charges over Brazil spill
YAHOO Thu, 26 Jan 2012 23:14:10 GMT
CAMPOS, Brazil (Reuters) - A Brazilian prosecutor plans to file criminal charges against Chevron Corp and some of its local managers within weeks, adding the threat of prison sentences to an $11 billion civil lawsuit as punishment for a November offshore oil spill. The filing in federal court in Campos, Brazil, will likely include a request for criminal indictment of George Buck, chief executive of Chevron's Brazil unit, as well as other staff, three Brazilian government officials involved in the case told Reuters. ...
Bay Area Solar Energy Company, NationWize Solar Launches Improved Website, Announces Specials
YAHOO Fri, 27 Jan 2012 08:07:51 GMT
Bay Area’s solar energy company, NationWize Solar, announces the launch of its newly improved website, as well as special promotions.Benicia, CA (PRWEB) January 27, 2012 Bay Area solar energy company, NationWize Solar, the leading, local full-service developer, is excited to announce the launch of its new and improved website, http://www.natwize.com, which allows visitors to request a quote or schedule a free consultation from almost any page. ...
Wyo. gov says changing wind energy tax unlikely
YAHOO Fri, 27 Jan 2012 15:46:25 GMT
Gov. Matt Mead says he's given up hope that the Wyoming Legislature this year will roll back state tax increases on wind energy production and construction of wind energy projects.
Chevron 4Q profit down 3 pct. on refinery decline
YAHOO Fri, 27 Jan 2012 16:09:48 GMT
Chevron Corp. said Friday that its profit slipped by 3.2 percent in the fourth quarter as its refineries struggled to pass on the higher cost of crude oil.
Summary Box: Chevron 4Q profit down 3 pct.
YAHOO Fri, 27 Jan 2012 16:43:51 GMT
STRUGGLING REFINERIES: Rising crude prices cut into fourth-quarter profits at Chevron Corp.'s refineries, which must buy crude to make gasoline and other fuels.
Chevron profit falls as refineries, output suffer
YAHOO Fri, 27 Jan 2012 18:50:05 GMT
(Reuters) - Chevron Corp reported lower quarterly earnings on Friday, missing Wall Street forecasts, as rising spending on oil and gas projects and losses at its U.S. refinery business offset gains from higher crude oil prices. Its shares were down 2.2 percent at $104.21 by midday, nearly $7 short of the record high they hit early this month. Oil and gas production at the No. 2 U.S. oil company declined to 2.64 million barrels per day (BPD) from 2.79 million BPD a year-before, while average benchmark oil prices rose about 25 percent over the same period. ...
MIDCAP-Australia's Mastermyne, Webjet score high on valuations
REUTERS Wed, 25 Jan 2012 07:23:21 GMT
Jan 25 (Reuters) - Australia's Mastermyne Group is trading at record highs, but still looks attractive on valuations, data from Thomson Reuters StarMine shows.
India oil min: considering proposal to export fuel products to Pakistan
REUTERS Wed, 25 Jan 2012 07:24:48 GMT
NEW DELHI, Jan 25 (Reuters) - India is examining a proposal to export petroleum products and gasoline to neighbouring Pakistan, its oil minister, S. Jaipal Reddy, said on Wednesday.
UPDATE 3-Brent steady above $110 on Iran, better demand outlook
REUTERS Wed, 25 Jan 2012 07:38:58 GMT
* Asian shares rise as focus shifts to Fed meet from Greece
PRESS DIGEST - Russia - Jan 25
REUTERS Wed, 25 Jan 2012 08:43:17 GMT
The following are some of the leading stories in Russia's newspapers on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.
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Tori Amos on 'stepping into her grace'
CNN Mon, 30 Jan 2012 21:30:47 GMT
Tori Amos talks about embracing her age, the energy that her audience gives her, and feeling like a classic car.
Which Light Bulb is Best For You?
WSJ Wed, 18 Jan 2012 02:25:45 GMT
Buying a light bulb is a lot more daunting than it used to be. Questions abound: Is it energy efficient? Is it a weird color? Can I put it on a dimmer? WSJ's Katherine Boehret has all the answers to help find the right light bulb for you.
VIDEO: 'We have to change view on nuclear power'
BBC Wed, 11 Jan 2012 11:51:18 GMT
The scientist, author and broadcaster Prof Jim Al-Khalili says "we have to change our views on nuclear power" as he addressed concerns after the Fukushima plant leak in Japan.
Video: Energy boosters to kick off the new year
MSNBC.MSN Tue, 03 Jan 2012 14:29:16 GMT
Dr. Roshini Raj, contributing editor of Health magazine, gives pointers for keeping your energy high, including working out regularly, getting enough sleep and having a good laugh. (TODAY)
Video: Light bulbs at the center of a burning debate
CBSNEWS Sun, 18 Dec 2011 12:07:58 EST
It all stems from a law signed by George W. Bush in 2007 requiring that the most popular light bulbs be at least 25% more energy efficient in one year. Lee Cowan reports on the debate between the warm glow of the watt-sucking incandescent and the energy efficient LED.
Richard Branson's 'green' energy plan
CNN Fri, 02 Dec 2011 17:29:01 GMT
CNN's Erin Burnett talks to Richard Branson about his clean fuel initiative.
Kinetic energy absorber could improve road safety
REUTERS Tue, 22 Nov 2011 17:07:00 GMT
Nov. 22 - A system designed to absorb the impact of collisions could have revolutionary implications for road safety according to its developers. The system converts linear kinetic energy, like that generated in a car crash, into rotary energy that can be expended safely in a flywheel. Stuart McDill reports.
Green energy cools Arctic penguins
CNN Wed, 16 Nov 2011 13:44:01 GMT
CNN's Ayesha Durgahee visits the Two Oceans Aquarium, where solar and wind energy provide a cool home for animals.
50 Cent, rapper turned businessman
CNN Thu, 10 Nov 2011 22:27:45 GMT
50 Cent is putting out a new product, and it's not an album -- it's an energy drink. Maggie Lake reports.
Green's the theme at Wall Street protest HQ
REUTERS Thu, 03 Nov 2011 20:15:00 GMT
After six weeks of protest at a park in New York's financial district, hundreds of Occupy Wall Street protesters are using eco-friendly systems to keep their temporary home clean and environmentally friendly. Their green initiatives include composting, energy-producing bicycles and a grey water treatment system to sustain them as they rail against the wealthiest one percent of Americans. Sharon Reich has more.
Sibel Edmonds: KILL THE MESSENGER
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A Documentary on State Secrets Privilege & U.S. Whistleblowers
Naomi Klein - The Shock Doctrine - Part 5 of 6
YOUTUBE Sat, 08 Sep 2007
Naomi Klein talks about her new book, The Shock Doctrine: The Rise of Disaster Capitalism. Speaking at a benefit event for the Canadian Centre for Policy Alternatives, a social justice...
Talk by Naomi Wolf - "The End of America: Letter of Warning To A Young Patriot"
YOUTUBE
Talk by Naomi Wolf author of "The End of America: Letter of Warning To A Young Patriot" given October 11, 2007 at Kane Hall on the University of Washington campus.

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