Energy
Venezuela strays from its policy of nationalization
Venezuela has been particularly hard hit by the global recession over the last few years. Last year alone, the country experienced 27% inflation and a 2.9 percent decline in economic output. Times are tough enough, in fact, that famed “anti-capitalist and Marxist” Hugo Chávez has declared that, “Investment and experience from foreign oil firms is [...]
Brazil’s Ascendency as an Oil Power
Over the next decade Brazil may become one of the largest oil producing nations in the world. In late 2007 a new and sizable oil field, dubbed the “Tupi” field, was discovered in the Santos Basin in deep water off the Brazilian coast, and it holds the promise of energy self-sufficiency for Brazil. As Dilma [...]
Brazil soon to pass Mexico and Venezuela in oil output
In the exploration space, once again the power of incentives in action. Plus, Mexico is going down the latter side of Hubbert’s curve.
Brazil is self-sufficient in fuel. All this oil is a nice bonus, since currently, half of Brazilian cars run on flex-fuel ethanol technology and in 10 years, 75% of light vehicles will. When [...]
Wind man of India sets sights on Ontario
TheStar.com | Business |
[Tulsi] Tanti, often called the “wind man of India,” was in town yesterday to accept the annual Global Indian Award from the Canada India Foundation.Today, Pune-based Suzlon is the fifth-largest wind turbine supplier in the world with $3.34 billion in revenues in 2008 and 13,000 employees. The company currently sells products in [...]
Powering an Entire Country With Renewable Energy – focus on biomass
This Sietch blogger has done some calculations relevant for the US. Can be extended to other countries. What intrigued me was his reference to biomass – India and Latin America, are a veritable bounty for biomass with their extensive tree cover, not to mention livestock populations. The potential in India alone is something like 16,000 [...]
Argentinean biodiesel will get a $900 million boost
GreenMomentum –
Despite a drop in global prices for both crops and oil, the Argentinean biofuel industry projections remain optimistic for 2009 as multi-million dollar projects continue to move forward.Almost 900 million dollars are to be invested in the construction of new biodiesel plants by 2010, as well as in new sugar mill projects designed [...]
India’s Surya Roshni to replace traditional bulbs with eco-friendly lamps
The Hindu Business Line :
Surya Roshni Ltd has decided to reduce the production of traditional bulbs in a phased manner and replace it with more eco-friendly lamps due to increasing environmental concerns.
“The European Union has drafted a plan to switch over to low-energy bulbs from high power consuming bulbs by 2011-12, so we too [...]
Green buildings to change India’s skyline by 2010
- The Financial Express
There will be over 1,000 green buildings dotting the Indian skyline by 2010 saving energy. Already 375 buildings are under construction. Indian industry will also be a key player in the $40-billion green building material business in the world. There will be over 50,000 accredited green professionals in the country to make [...]
Indian Oil Corp plans to buy sugar mill in Brazil
International Business Times
State-run Indian Oil Corp is planning to buy a sugar mill and set up a refinery in Brazil to produce ethanol, the Indian government said on Monday.
Indian oil firms view investments in Brazil for ethanol production as highly strategic, the country’s junior food, minister, Akhilesh Prasad Singh, told parliament in a written reply [...]
First Major Energy Study Shows That Wind Is The Cleanest Source
Device Daily
[N]obody conducted an elaborated study to find out the best ways to fight against global warming, reduce pollution, and which are best renewable energies, therefore Mark Z. Jacobson, a professor of civil and environmental engineering at Stanford, decided to do something about this and he conducted the first major and scientific energy-related study.
He says [...]
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