Energy Report

Thursday, October 26, 2006

Australians fight fear of power crisis with giant solar site

Australians fight fear of power crisis with giant solar site

John Vidal and agencies

The Guardian

26 Oct 2006



Australia yesterday announced it would build one of the world's biggest solar power plants amid warnings of blackouts unless it can increase generation to meet the growing demand for air conditioners. With climate change being increasingly blamed for... read more...

Wednesday, October 25, 2006

High taxes and low crude prices push down BP profits

High taxes and low crude prices push down BP profits

Terry Macalister

The Guardian

25 Oct 2006



BP signalled an end to record oil company profits yesterday with lower underlying third-quarter results and warnings about a “more difficult trading environment” as crude prices fell and taxes went up. Lord Browne, BP’s chief executive, also said... read more...

Tuesday, October 24, 2006

Shell bids to own Canadian unit

Shell bids to own Canadian unit
By Chip Cummins
The Wall Street Journal Europe
24 Oct 2006

RLondon OYAL DUTCH SHELL PLC’s $6.85 billion gambit to buy out the minority shareholders of its main Canadian affiliate will be a major road test for Chief Executive Jeroen van der Veer and his retooled version of the AngloDutch oil giant. In its... read more...

Monday, October 23, 2006

Total caught up in oil-for-food probe


Total caught up in oil-for-food probe
By Michael Williams And David Gauthier-Villars
The Wall Street Journal Europe
23 Oct 2006

PARIS—A French probe of Total SA’s incoming chief executive casts a cloud over the Paris-based oil company just as it faces tough negotiations over complex international deals. Christophe de Margerie, 55 years old, is scheduled to succeed CEO Thierry... read more...

Friday, October 20, 2006

EU energy plan aims to save ¤100bn a year

EU energy plan aims to save 100bn a year
Honor Mahony
Friday - Business
20 Oct 2006

The European Commission yesterday unveiled tough new energy efficiency plans with the aim of cutting the EU’s energy consumption by 20 per cent by 2020. The commission believes the plans will cut 100 billion a year off the bloc’s energy bill and... read more...

Monday, October 16, 2006

Nuclear tensions bring supporters flooding back to waning campaign

Nuclear tensions bring supporters flooding back to waning campaign
Duncan Campbell
The Guardian
14 Oct 2006

In its heyday in the eighties, the Campaign for Nuclear Disarmament was able to mobilise 400,000 people for a rally in Hyde Park. The end of the cold war saw the organisation’s influence wane and membership slump. But now, in the wake of the... read more...

Thursday, October 05, 2006

Oil’s slide drives fall in U.S. gasoline prices

Oil’s slide drives fall in U.S. gasoline prices
By Steve LeVine And Christopher Conkey
The Wall Street Journal Europe
05 Oct 2006

GASOLINE PRICES in the U.S. have dropped more than 20% in the past two months, providing relief to consumers and potentially propping up an economy that is showing signs of slowing. The big driver is oil, which accounts for more than half the cost of... read more...

Tuesday, October 03, 2006

Engineer at BP oil venture in Siberia is found shot dead

Engineer at BP oil venture in Siberia is found shot dead
By Greg Walters
The Wall Street Journal Europe
03 Oct 2006

MOSCOW—Atoptechnicianatan affiliateofBPPLC’sRussianjointventure was found shot dead in Siberia over the weekend, the second highprofilemurderinlessthanamonthto shake Russia’s business community. The death comes two weeks after the killing of Russia’s... read more...