U.S. says Keystone pipeline won't spur climate change

Mar 3, 2013

U.S. says Keystone pipeline won't spur climate change

The U.S. State Department released a draft environmental impact assessment of the controversial Keystone XL pipeline Friday, suggesting the project will have little impact on climate change. Canada’s oil sands will be developed even if U.S. President Barack Obama denies a permit to the ...

Mar 2, 2013

U.S. teen designs compact reactor powered by nuclear waste

Taylor Wilson, 18, has designed a compact nuclear reactor that could one day burn waste from old atomic weapons to power anything from homes and factories to space colonies. The American teen, who gained fame four years ago after designing a fusion reactor he ...

Feb 19, 2013

Comprehensive energy futures market planned

The Ministry of Economy, Trade and Industry plans to create a comprehensive futures market for energy products at the Tokyo Commodity Exchange in 2014, sources said. The market will list energy products such as liquefied natural gas, coal, fuel oil and liquefied petroleum gas ...

Iraq stock sale called sign of investor confidence

Feb 4, 2013

Iraq stock sale called sign of investor confidence

An Iraqi telecommunications company raised nearly $1.3 billion Sunday on Baghdad’s small stock exchange in one of the region’s biggest share offers in years — a sign of investor confidence in the fledgling private sector despite violence that still plagues the country. In a ...

Feb 4, 2013

Nontoxic fluids for use in fracking developed

The oil and gas industry is trying to ease environmental concerns by developing nontoxic fluids for the drilling process known as fracking, but it is not clear whether the new product will be widely embraced by drilling firms. Houston-based energy giant Halliburton Inc. has ...

Pemex blast death toll at 33; cause still uncertain

Feb 3, 2013

Pemex blast death toll at 33; cause still uncertain

A blast that collapsed the lower floors of a building in the headquarters of Mexico’s state-owned oil company, crushing at least 33 people beneath tons of rubble and injuring 121, is being looked at as an accident although all lines of investigation remain open, ...

Blast kills 25 at Mexico's Pemex HQ

Feb 1, 2013

Blast kills 25 at Mexico's Pemex HQ

An explosion at the headquarters of Mexico’s state-owned oil company killed 25 people and injured at least 101 on Thursday, sending a large plume of smoke over the skyline. Rescuers searched the rubble for victims into the night with the aid of rescue dogs, ...

Can U.N. detect N. Korea test blast?

| Jan 31, 2013

Can U.N. detect N. Korea test blast?

With North Korea appearing set to detonate an atomic device, the U.N. agency that detected its two previous tests says it is prepared to confirm an explosion when it takes place. But experts argue it may be difficult to establish whether the blast is ...

Low turnout may invalidate Bulgarian nuclear referendum

Jan 28, 2013

Low turnout may invalidate Bulgarian nuclear referendum

A vote on whether to build a second nuclear power plant in Bulgaria, the EU member’s first referendum since the end of communism in 1989, looked set to fail Sunday because of insufficient turnout. Final exit poll counts showed that between 20.5 and 21.8 ...

Jan 25, 2013

Industry seeks nuke restarts

Nine industry bodies, including the Japan Iron and Steel Federation and the Japan Mining Industry Association, urged the government Thursday to swiftly restart the nation’s atomic reactors and take steps to prevent higher electricity charges from impacting their businesses. The groups submitted a petition ...

Canada lets foreigners buy two top energy firms

Dec 9, 2012

Canada lets foreigners buy two top energy firms

Canada on Friday approved two major takeovers of energy firms by the Chinese state-owned giant CNOOC and Malaysia’s national oil company, Petronas — deals estimated to top $20 billion in total. Prime Minister Stephen Harper announced regulatory approval for CNOOC’s $15.1 billion takeover of ...