Middle East
A delegation from the International Energy Agency spent two days in Baghdad speaking with high-ranking officials in preparation for an end-of-year report on the country's oil sector. By some estimates, Iraq could hold some of the largest oil reserves in the world and an international auction for oil and natural gas blocks is planned for May. Without a hydrocarbon law, and considering the fractured political system, the IEA's report may be more about political obstacles than oil potential, however.
Oil has been the one major factor for war in the past 40 years across the world. America has honored the brave soldiers that have volunteered to serve and protect our great nation.
This year's State of the Union address will be given by President Barack Obama this evening The speech represents the only time the President speaks to Congress in a joint session. As a result, it has become an influential annual benchmark for Americans.
The latest report from the Worldwatch Institute indicates global natural gas consumption is regaining momentum, with much of it being driven by increasing demand in Asia and the United States.
As stocks soared on the New York Stock Exchange Monday following a better than expected start to the U.S. shopping season, the exchange's operator, NYSE Euronext, announced a new partnership with researcher Bloomberg New Energy Finance (BNEF) to create three new regionally-focused clean energy stock indices.
Based out of Arizona, First Solar Inc. (Nasdaq: FSLR), the world's largest solar company, has made three announcements this week demonstrating the company's dominance and growing reach in the global solar market.
Sustainable energy product company Amyris (Nasdaq: AMRS) announced this week the signing of an agreement with minority stake holder Total S.A. (NYSE: TOT), expanding its existing clean fuels collaboration and forming a joint venture to commercialize its renewable diesel.
The newest report from the United Nations Environment Program (UNEP), in cooperation with Bloomberg New Energy Finance, a clean tech analytics firm, shows that the combined impetus of stimulus funding, feed-in tariffs (FiTs) and renewable portfolio standards (RPS) generated a record $211 billion globally in 2010 in renewable energy investment.
Dallas-based specialty material company Celanese Corp. (NYSE: CE), which has developed new technology to convert natural gas to ethanol, has plans to commerciall produce the fuel additive, with hopes of bringing it to US consumers.
Early in June, the U.S. Department of Housing and Urban Development (HUD) announced an initiative to help owners of apartment buildings, and other multi-family type rentals, borrow the money to “green” their buildings.
