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70 Articles, 71 Quick Links, 0 Comments, 4 Diaries, 0 Polls

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SHARE More Sharing        Tuesday, December 15, 2009
Africa's Increasing Importance in Worldwide Energy Security Affairs As the major powers gather energy resources worldwide, political tensions are on the rise. China Russia and America are now seeing the strategic importance Africa can play in their nations' energy security and all three are courting resource rich countries in the region.
SHARE More Sharing        Tuesday, January 5, 2010
The Myth Of Nabucco: Greed, Delusion and $11.4 Billion Construction of the 56-inch, 2,050-mile pipeline, first proposed in 2002, is tentatively slated to begin next year and scheduled for completion by 2014. At a cost initially estimated at $11.4 billion and rising, Nabucco will be the most expensive pipeline ever built, more than three times the cost of the 1,092-mile Baku-Tbilisi-Ceyhan (BTC) oil pipeline. Raising such a significant sum in a time of global recession would be an
(4 comments) SHARE More Sharing        Friday, June 25, 2010
Government Insiders: Get Ready for the Gulf Dead Zone Bad news concerning the Gulf oil disaster continues to come from WMR's federal government sources in the Federal Emergency Management Agency (FEMA) and the US Army Corps of Engineers. Emergency planners are dealing with a prospective "dead zone" within a 200 mile radius from the Deepwater Horizon disaster datum in the Gulf
(1 comments) SHARE More Sharing        Friday, November 20, 2009
The Great Geopolitical Battle Over Energy Transit Routes An extraordinary game of Geo-strategy is underway to lock in long term agreements in the energy sector. At a global level, the transit routes of future oil & gas pipelines become the object of a power struggle involving not only the suppliers and end-users but also the transit countries.
(2 comments) SHARE More Sharing        Tuesday, August 17, 2010
They Died Before the Oil Ran Out There is an open secret in the oil industry that dare not speak its name: peak oil. Well, two did speak its name and gained no acclaim for it. One, M. King Hubbert, died years ago. The other and the most controversial, Matthew Simmons, died at his Maine summer home Aug. 8. The peak oil idea is simple: Oil is a finite commodity, and one day we are going to use up all of it.
(2 comments) SHARE More Sharing        Thursday, May 27, 2010
Canada's Oil Sands Set to Become Biggest Source of U.S. Oil Imports, Report Says Canadian oil sands will probably become the No. 1 source of U.S. crude oil imports this year, and could make up more than a third of the nation's oil and refined product imports by 2030, according to a new study.
(6 comments) SHARE More Sharing        Friday, November 27, 2009
Solar Energy Showing Promising Signs After Years of Disappointment After years of over promising and under delivering, the solar Industry is finally starting to show some interesting developments which have the potential to make solar power as cheap as fossil fuel on a cost-per-watt basis within five years. We take a look at some of the latest technical and product developments in the Solar Industry and the companies behind them.
SHARE More Sharing        Sunday, April 25, 2010
Nazarbayev's Successful Diplomacy in Kyrgyzstan Signals Deeper Strategic Shifts The recent crisis & instability in Kyrgyzstan, highlighted the fragility of security & the potential weakness of the political systems throughout the region & exposed new dimensions in the conduct of Kazakhstan's foreign policy that may well prove pivotal for US energy interests in the Caspian Sea region. These complexities often disguised by the national governments in the region reveal deep, conflicted political goals.
SHARE More Sharing        Wednesday, August 11, 2010
The Enduring Middle East Strategic Framework Begins to Emerge as Iran Surges, and the US Resiles The lingering impact of August 3, 2010, clash on the Israeli-Lebanese border lies in the greater context of, and wider strategic dynamics in, the Middle East. These aspects were highlighted by HizbAllah Secretary-General Hassan Nasrallah in his speech later that day.
SHARE More Sharing        Sunday, April 25, 2010
UK Wind Turbine Deals Could Help Power Labour Party in Vote UK Prime Minister Gordon Brown, who faces a tough re-election battle in next month's parliamentary vote, hopes his devotion to clean energy will put the wind at his back. Brown has reaped the benefits of his long courtship of wind turbine manufacturers in recent weeks as one after the other the large international companies have pledged hundreds of millions of dollars in new investments that will create thousands of jobs
SHARE More Sharing        Monday, November 23, 2009
Distorted IEA Oil Reserve Figures Create Biofuel Opportunities In "White Gold" Region of Central Asia Did the EIA deliberately put out distorted key Oil projections under intense pressure from the Bush Administration. What does this mean for the Oil Industry and what opportunities does it create, especially in the Biofuels arena.
SHARE More Sharing        Friday, March 19, 2010
Google's Decision Highlights the Dangers of Doing Business in China The ramifications of Google's decision to leave China are deep: China's leadership, be careful what you wish for. I have been a student of China for 40 years. Alas, no, I did not learn Mandarin. When I started reading about China in 1969, and taking university courses on its culture and history in 1972, the Cultural Revolution was in full swing. The People's Republic was locked down; other than a trickle of black-market trad
SHARE More Sharing        Wednesday, February 3, 2010 Oil Market Summary for 01/25/2010 --" 01/29/2010 Crude oil futures slipped below $73 a barrel for West Texas Intermediate late Friday as a temporary boost from strong GDP figures failed to last and let prices sink to a one-month low.
SHARE More Sharing        Sunday, April 18, 2010
U.S. Coal Industry Fights Climate Legislation at Congressional Hearing Under the shadow of the West Virginia coal mine disaster earlier this month, a congressional hearing Wednesday on the future of coal in a "new energy age" seemed at times like a dialogue of the deaf. Four representatives of the coal industry appeared Wednesday before the House Select Committee on Energy Independence and Global Warming in an atmosphere frosty enough to lower global temperatures itself.
SHARE More Sharing        Sunday, April 4, 2010
The Hydropower Solution in Central Asia: yes but" Surfing the wave of the hype for renewable energy such as hydropower and the invitation by the United States to many regional countries to get involved in the efforts to stabilize Afghanistan, Tajikistan is bringing back to the table the Rogun hydropower dam project. Rogun, conceived in Soviet days, was planned to generate 3,600 megawatts but the collapse of the Soviet Union halted the completion of this project.
SHARE More Sharing        Saturday, May 8, 2010
The Cover-up: BP's Crude Politics and the Looming Environmental Mega-Disaster WMR has been informed by sources in the US Army Corps of Engineers, Federal Emergency Management Agency (FEMA), and Florida Department of Environmental Protection that the Obama White House and British Petroleum (BP), which pumped $71,000 into Barack Obama's 2008 presidential campaign -- more than John McCain or Hillary Clinton, are covering up the magnitude of the volcanic-level oil disaster in the Gulf of Mexico
SHARE More Sharing        Sunday, February 21, 2010
Libya Faces Tough Energy Sell Following Scant Oil & Gas Claims and Government Fiascos The Libyan government has been sounding off lately about boosting the profile of its oil and gas market, but it's questionable whether international companies will ignore the government's missteps in the industry - not to mention the recent lackluster energy finds - and keep injecting money into the North African country.
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SHARE More Sharing        Saturday, May 22, 2010
BP Gets Pass From Obama Administration To Potentially Pollute Lake Michigan The Obama administration, already charged with providing political cover for BP in the Gulf of Mexico mega-oil disaster, is also charged with allowing BP to renege on agreements between the firm, the US Environmental Protection Agency (EPA), and the state of Indiana to prevent pollution of Lake Michigan from the firm's Whiting, Indiana refinery near Hammond.
SHARE More Sharing        Sunday, April 18, 2010
U.S. Geothermal Projects Increase in Year, Extend to Gulf Coast The number of geothermal energy projects in the U.S. grew by 26% last year, to 188, as development of the alternative energy source spread from the western states to the Gulf Coast.
(7 comments) SHARE More Sharing        Tuesday, April 20, 2010
The Search for a Reserve Currency Currency, like all forms of abstract value, is based on trust. And trust itself is based - except among the most naïve - on experience, and the repetitive demonstration of fidelity, whether positive or negative. At present, the US dollar, which had experienced a gradual rise during the 20th Century to the position gained well into the Cold War of being the trading world's reserve currency. It had the mass, in terms
SHARE More Sharing        Wednesday, February 3, 2010
Gazprom: Angel or Demon? Gazprom is a behemoth: it is Russia's largest company, state-controlled and the world's largest gas producer. Gazprom faces regular opprobrium for its bullying ways of using energy as a pressure and political tool. Seen by some, mostly Russians, as the symbol of a successful and strong Russia
SHARE More Sharing        Tuesday, April 20, 2010
Kyrgyzstan: Business, Corruption and the Manas Airbase Kyrgyzstan's mass anti-government protests last week were essentially the culmination of more than a decade of disillusionment and dissatisfaction that accumulated in the nation's political, economic and social spheres from the period of Akayev to his successor Kurmanbek Bakiyev, with virtually every Kyrgyz concerned about rising prices and falling standards of living, both issues of little concern and dimly understood in
SHARE More Sharing        Saturday, March 13, 2010
There Will be No Economic Recovery as the Era of Cheap Oil Comes to an End When oil crossed $120 a barrel for the first time in May 2008, oil cornucopians knew they were in trouble. Prices had quadrupled in just five years, yet had failed to bring new production online. Regular crude had flatlined around 74 million barrels per day (mbpd). The case for peak oil was looking stronger with every new uptick in crude futures.
SHARE More Sharing        Wednesday, March 3, 2010
The Great Divide of Natural Gas South Korea is coming to northeast British Columbia. It was reported this week that state-run Korea Gas has signed a deal with Canadian gas major EnCana covering three fields in the province of British Columbia. Korea Gas will take a 50% interest, for a price tag of $1.1 billion.
(1 comments) SHARE More Sharing        Saturday, November 14, 2009
The Untapped Energy Riches of Uzbekistan An in depth look by one of Washington's top energy advisers at the central Asian region and the resources currently up for grabs. Uzbekistan is one of the world's largest producers of Natural Gas, but it's landlocked location makes it difficult for Oil Companies and countries to access the resources. Could the pacification of Afghanistan be the best chance they have of fully utilizing the Natural gas?
SHARE More Sharing        Saturday, March 6, 2010
U.S. Jobs Data Propels Crude Oil Above $80 a Barrel Jobs data indicating that U.S. economic recovery might be picking up steam finally pushed crude oil futures decisively over the stubborn $80 a barrel threshold. Nymex's benchmark West Texas Intermediate settled Friday at $81.50 a barrel, a seven-week high, after topping $82 in intraday trading.
(4 comments) SHARE More Sharing        Tuesday, December 29, 2009
Iraq Oil Output to Rival Saudi Arabia, if" After decades of dictatorship, war and international sanctions, Iraq's massive oil reserves are set to be tapped proper. If the seven oil projects awarded to foreign oil companies this weekend, and the three from an auction earlier this year, develop as planned, within eight years, Iraq will see its oil production capacity leap to more than 12 million barrels per day (bpd).
SHARE More Sharing        Sunday, May 9, 2010
Greenland Proceeds with Plans for Offshore Drilling in Arctic Waters While the oil spill from a sunken drilling rig in the Gulf of Mexico threatens to become an environmental disaster, plans are proceeding for opening up new drilling territories in the iceberg-infested waters off Greenland.
(2 comments) SHARE More Sharing        Tuesday, May 4, 2010
Australia's Super Profits Tax on Resource Companies Leads to Immediate Fall-Out Australia sent the major miners into a tailspin overnight. The Rudd government announced Sunday night that it will impose a new "resource super profits" tax on mining, oil and gas, geothermal and other resource extraction in the nation. Under the scheme, resource companies will pay a 40% tax on profits. Implementation is scheduled for July 1, 2012. The fall-out was immediate.
SHARE More Sharing        Thursday, December 24, 2009
China Secures Gas Supply From Turkmenistan: Who's the True Winner? A look at the Central Asia--"China gas pipeline that links Turkmenistan's natural gas fields on the Caspian Sea to the Western Chinese border in the Xinjiang province. It also analyzes the impact this has on Russia, China, Turkmenistan and what this means for Gazprom.
(1 comments) SHARE More Sharing        Wednesday, June 2, 2010
BP's Continued Existence Seen Coming Under Threat as Gulf Oil Spill Continues The continued failure of BP's efforts to stop the Gulf oil spill and mounting political pressure are putting the very future of the British-based oil giant in question. BP shares plunged again on Tuesday, wiping $17 billion off the market capitalization of the company. Premiums on credit default swaps to insure the company's debt soared 75% to $178,000 for $10 million as analysts began to question whether the company
SHARE More Sharing        Sunday, April 18, 2010
Obama's Energy Policy: A Labyrinth of Contradictions When it comes to energy, there is an incoherence to President Barack Obama's policies. This incoherence is embedded in his administration in the person of Carol Browner. She is largely regarded as the agent of a kind of reactionary environmentalism that once haunted the Democratic Party.
SHARE More Sharing        Friday, December 4, 2009
Iran's Nuclear Ambitions Highlight the potential of Uranium and Nuclear Power Following Iran's announcement today that they plan to build 10 new uranium enrichment facilities, nuclear power once again finds itself in the headlines. But although Iran's plans are being vilified by the media, governments and environmentalists have both admitted that Nuclear power is the only viable alternative to Oil and gas and also essential to averting further damage from Global warming.
SHARE More Sharing        Tuesday, April 20, 2010
Shale Gas Changing Market Paradigm in U.S. as Electricity Prices Plummet, Report Says Wholesale electricity prices in the U.S. fell by more than half last year, driven largely by a decline of more than 50% in natural gas prices in what looks like a permanent shift in the domestic energy market, according to a recent government report.
(2 comments) SHARE More Sharing        Thursday, May 13, 2010
Exotic investment Vehicles: An Unproductive Abuse of Capital Michael Lewitt has an interesting new book out, called "The Death of Capital". In it, Lewitt attacks speculative investment activities such as private equity buyouts. He notes that such speculation "has been a prime abuser of capital as it has diverted an inordinate amount of capital into unproductive uses while producing (at best) mediocre returns and charging unjustifiably exorbitant fees."
SHARE More Sharing        Wednesday, June 30, 2010
The Informational Advantage- What do you Know that Other People Don't Bank of Japan Deputy Governor Kiyohiko Nishimura discusses "informational advantage" this week at the Lujiazui Forum on economics and finance in Shanghai: "In my understanding, the Volcker Rule [proposed legislation restricting banks from making certain speculative investments] is designed to deter banks from taking excessive risk in capital markets, where volatility is inherently high and in which bankers do not
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SHARE More Sharing        Sunday, February 7, 2010
Oil Prices Fall Sharply as General Market Sells Off Oil Prices fell sharply and crude oil futures crashed below $72. Crude oil inventories in the U.S. rose 2.3 million barrels in the week. Gold prices fell
(3 comments) SHARE More Sharing        Friday, October 30, 2009
Oil is not a Villain! Here's what it's done for us Oil is the most versatile and energy dense resource we have yet to discover. Often foolishly bedeviled by green energy supporters as a polluting fossil fuel, we would all of us in fact be in a very sorry state and many of the so called “green energy options” that now are hovering somewhere in the future would be nothing but mere “pipe dreams!”
SHARE More Sharing        Monday, April 12, 2010
A Floating Alternative to Nabucco Undercuts Potential Disruptions to EU Energy Supplies In late February 2010, Romania, Azerbaijan, and Georgia finalized an agreement on the direct export of Azerbaijani natural gas to Romania. This has profound ramifications for halting Turkey's ability to hold the EU hostage to energy supplies via Turkey, and offers far more rapid easing of European energy pressures.
SHARE More Sharing        Monday, May 10, 2010
Vanishing Uranium Resources There was a mysterious disappearance of uranium in South Australia last week. Uranium mining hopeful PepinNini Minerals reported a new resource estimate on its Crocker Well project. And something was missing.
SHARE More Sharing        Sunday, June 20, 2010
Crude Oil Holds on to Week's Gains After High Inventories Threaten Rally Crude oil futures held on to strong gains for the week in lackluster Friday trading, after higher-than-expected inventories earlier in the week threatened to cut short the rally. At the same time, with the front-month July contract set to expire on Tuesday, analysts didn't see much incentive for prices to move above current levels next week.
SHARE More Sharing        Sunday, February 28, 2010
Crude Oil Hits Ceiling in Week as Hedge Funds Attack Euro Crude oil broke through the $80 a barrel ceiling repeatedly during the week but kept falling back as hedge funds placed big bets on the Euro's decline.
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SHARE More Sharing        Saturday, February 27, 2010
Tide Turns As Kurds Push For Oil Law Amid South's Sudden Bright Future While the Iraqi government has made overtures to its Kurdish counterpart in the north to end an oil standoff, much remains in doubt without an actual law keeping the industry in check - rules which this time the Kurds are pressing for rather than Baghdad.
(1 comments) SHARE More Sharing        Monday, June 14, 2010
Geothermal Elbowing its Way into the Mainstream The U.S. Department of Energy announced it will provide developer U.S. Geothermal with a $102 million loan to help construct a 22 MW power plancompany's Neal Hot Springs project in Oregon.
SHARE More Sharing        Wednesday, December 9, 2009
What's Happening With Iraq's Oil As multinational military forces have left Iraq, international petroleum companies have eagerly descended -- seduced by the long-term potential of vast oil reserves off-limits to foreigners for decades. Yet lingering violence, legal questions and political uncertainty make doing business in this country a gamble.
(1 comments) SHARE More Sharing        Thursday, May 20, 2010
Psychological Plunge in Oil Prices Makes OPEC Nervous, Official Says The plunge in oil prices in the wake of the euro crisis has OPEC worried. Qatar oil minister Abdullah bin Hamad Al Attiyah emerged as an unofficial spokesman for the oil cartel over the weekend in a series of news agency reports from the Gulf that signaled the group's concern.
(1 comments) SHARE More Sharing        Tuesday, April 20, 2010
SEC Charge Against Goldman has Volcanic Impact on Energy Markets Oil prices plunged on Friday after the U.S. Securities and Exchange Commission charged Goldman Sachs with fraud in its marketing of certain subprime mortgage securities, amid a general sell-off in financial and commodity markets.
SHARE More Sharing        Thursday, April 22, 2010
Revolution in Central Asia: Who's Next? On April 7, 2010 the President of Kyrgyzstan Kurmanbek Bakiyev fled the capital city of Bishkek that was under a state of emergency after antigovernment protesters started clashing with security forces following incidents that started in the Northern city of Talas, close to the Kazakhstan border. By the end of April 7, Radio Free Europe Radio Liberty was reporting 40 dead and 400 wounded, numbers that have over doubled
SHARE More Sharing        Tuesday, January 12, 2010
Regulators Seek to Throw Light on Hedge Fund Impact in Energy Trading for most of us, including lawmakers on Capitol Hill, it seems obvious that when hedge funds buy and sell billions of dollars worth of oil and gas futures, it must be having an impact on energy prices. While hedge funds and other speculative traders would never dream of taking delivery of a barrel of oil, their trading activity affects the prices for actual consumers of oil and gas and their
SHARE More Sharing        Sunday, April 25, 2010
Chinese Profits: Bad for Metal prices? Metals investors globally were cheered this week by good news from Aluminum Corp. of China (A.K.A. Chalco). The aluminum giant swung back into profitability for the first time in a year during the first quarter. Chalco enjoyed net income of 627 million yuan ($92 million) for the past quarter, as compared with a loss of 1.9 billion yuan ($280 million) in Q1 2009.
SHARE More Sharing        Thursday, May 13, 2010
Chesapeake Energy investment signals sovereign wealth fund appetite for global resources One of Asia's most active sovereign wealth funds is investing up to $1 billion in the U.S. company that helped pioneer production of shale gas, Chesapeake Energy. Temasek Holding, a $172-billion fund owned by the government of Singapore, will buy $500 million in preferred shares in Chesapeake, and has an option with Hopu Investment Management, a private equity firm in Beijing, to place another $500 million in Chesapeake
SHARE More Sharing        Friday, February 12, 2010
Congress Pushing for Radical Steps to Shake up Iran with New Energy Sanctions U.S. lawmakers are toughening their stance on Iran's energy industry with new economic penalties, but experts doubt the Islamic regime will pay much attention and is more likely to open the doors even wider to other players eager to replace fleeing investors.
SHARE More Sharing        Tuesday, March 2, 2010
New Framework for European Geothermal Industry Encourages exploration companies to investigate new resources Geothermal is still an infant industry. In many countries, governments lack even a basic mechanism for granting licenses on geothermal projects. There just isn't any legal-work around giving a company rights to hot groundwater.
SHARE More Sharing        Thursday, December 31, 2009
Re-Thinking the Art of Military Planning It is often assumed that what preoccupies military planners is their attempts to define the shape of future warfare so that they can adequately prepare equipment and doctrine ideal to meet the threat. Evidence, however, shows that what most occupies their attention is how to adapt existing force structures and systems to react to emerging conditions.
SHARE More Sharing        Thursday, May 13, 2010
U.S. to Restructure Offshore Drilling Regulatory Agency in Wake of Oil Spill The Obama administration said it will restructure the little-known agency overseeing offshore drilling, splitting is regulatory oversight duties from its lease management responsibilities -" a joint task critics say is rife with conflict of interest.
(2 comments) SHARE More Sharing        Monday, May 10, 2010
Crude Oil Plunges as Turbulence Rocks Financial Markets In a week of market turmoil resulting from Greece's fiscal crisis, oil went from an intraday high above $87 on Monday -" its highest point in more than a year and a half -" to plunge briefly below $75 on Friday.
SHARE More Sharing        Monday, May 3, 2010
U.S. Approval of Cape Cod Offshore Wind Project Will Not End Controversy The Obama administration approved the controversial Cape Wind project, which calls for a wind farm of 130 turbines in Nantucket Sound and will be the first offshore wind project in the country. The announcement Wednesday was not a complete surprise after President Barack Obama on Tuesday toured the factory in Iowa that will supply the blades for the Cape Wind turbines.
SHARE More Sharing        Sunday, April 25, 2010
U.S. Housing Data Spurs Late Gains in Oil Prices after Mixed Week After languishing most of the week, crude oil prices galloped to the finish line on Friday, tacking on 1.7% and recouping most of last week's losses as positive new-housing sale data spurred most markets forward. The decision by the Greek government on Friday to activate a bailout plan from the European Union and the International Monetary Fund eased pressure on the euro, contributing to oil price gains as the dollar slipped a
SHARE More Sharing        Thursday, March 25, 2010
Acting Nigerian President Moves Quickly, Decisively to Get Country Back on Track Acting Nigerian President Goodluck Jonathan has moved decisively and rapidly to unify the Government under him, dismissing -- on March 17, 2010 -- the entire Cabinet which had been appointed by the now-incapacitated Pres. Umaru Musa Yar'Adua. This followed his move, the week before, to appoint Lt.-Gen. Aliyu Mohammed Gusau as the new National Security Advisor, a post which oversees all the intelligence and security services
(1 comments) SHARE More Sharing        Saturday, March 13, 2010
A Bull Market Requires a Healthy Consumer Underneath A year ago this week the stock market hit its nefarious 666 level on the S&P 500. Since that historic day, we have enjoyed a 68% appreciation in equities from their depressionary low. Not only has the bounce caused a chorus of perma-bulls to claim the worst of the recession is behind us, but also to declare that the bull market is here to stay.
SHARE More Sharing        Sunday, May 2, 2010
Economic Data, Oil Spill Push Crude Prices Higher at End of Week Stubbornly high crude oil inventories continued to stymie bulls through the middle of the week, but the market seized on positive economic data to push prices higher toward the end of the week. The oil spill from a collapsed rig off the Gulf coast may also have played a role in firming prices. Analysts said that the spill could have a short-term impact on supply if it interfered with oil deliveries to Gulf coast refineries
SHARE More Sharing        Friday, June 25, 2010
A Bankrupt BP - Worse For The Financial World Than Lehman Brothers? The BP crisis in the Gulf of Mexico has rightfully been analysed (mostly) from the ecological perspective. People's lives and livelihoods are in grave danger. But that focus has equally masked something very serious from a financial perspective, in my opinion, that could lead to an acceleration of the crisis brought about by the Lehman implosion.
SHARE More Sharing        Saturday, January 23, 2010 Oil Market Summary for 01/18/2010 --" 01/22/2010 Oil Price update from 18th January to 22nd. Crude Oil prices have slipped below $75 a barrel, commodities across the board from gold to lead have fallen.
SHARE More Sharing        Sunday, May 16, 2010
Oil Prices Drop Further in Week as Euro's Travails Continue Crude oil prices plunged nearly 4% on Friday and were off almost 20% from their 18-month high less than two weeks ago, as the euro continued to lose ground against the dollar and U.S. oil inventories continued to build.
SHARE More Sharing        Friday, May 7, 2010
ADB Launches $9 Billion Plan for Solar Energy in Asia The Asian Development Bank launched a $9 billion solar power initiative to develop projects generating 3,000 megawatts by 2012. The announcement, which came at the regional lending agency's annual meeting in Tashkent, Uzbekistan, said that Central Asian countries would be prime candidates for siting the projects.
SHARE More Sharing        Sunday, February 21, 2010
Oil prices rise amid mixed economic data as euro concerns ebb An easing of the crisis in Europe gave energy markets a firm tone last week that enabled crude oil futures to gain nearly 8% amid mixed economic news and some concerns about supply.
SHARE More Sharing        Monday, March 29, 2010
Crude Oil still Stuck at $80; Natural Gas Falls Below $4 Crude oil prices still found stubborn resistance above the $80-a-barrel level amid concerns about demand while natural gas continued its decline, to below $4 per million British thermal units, as burgeoning supply from unconventional sources depressed prices.
SHARE More Sharing        Saturday, June 12, 2010
Oil price rally stumbles Friday on negative economic news After clawing its way back above $75 a barrel on Thursday for the first time in four weeks, the benchmark oil futures contract fell back again on Friday on news of an unexpected decline in retail sales in the U.S.
SHARE More Sharing        Thursday, March 4, 2010
Yemen's Push Into the Gas Sector Fails to Stimulate Great Excitement and Raises Disturbing Questions With Yemen's oil revenues plunging, the government's push into the gas market seemed like an economic saving grace for a state wracked by poverty and terrorism, but analysts warn more thought should be given to carving out the country's post-petroleum era.
SHARE More Sharing        Thursday, May 6, 2010
Bank Lending and Other Key Stats Take a Turn for the worse I wrote last month that several economic indicators seemed to be turning positive. I may have spoken too soon. The last two weeks a number of key stats have taken a notable turn for the worse. U.S. commercial paper yields, for one. I know I've been talking about this a lot lately, but the action in this market is getting very unsettling.

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