David Ljunggren in Reuters : Roads, buildings and pipelines in Canada's north are at risk from global warming and the government must do more to protect infrastructure in the remote frozen region, an official panel said Thursday. Temperatures in the north -- which includes the Arctic -- are rising much faster than elsewhere in the world, and this comes at a time of increasing interest in the area's...
The U.S. has toned down its criticism of two controversial Russian-backed pipelines, a shift in rhetoric that coincides with strong progress on the high-profile projects in recent months.
Indian Oil Corp, the nation's second-biggest refiner, plans to spend Rs 4650 crore to build pipelines to transport crude oil and fuels in the country, the government said.
"We have no interest in relying on a transit country, whichever it is," French MP Jean-Jacques Guillet (UMP), co-author with Socialist MP Tony Dreyfus of a report on energy security in Europe entitled 'Should we be afraid of Russia?', told EurActiv France in an interview.
ONEOK (NYSE: OKE) closed yesterday at $40.36. So far the stock has hit a 52-week low of $18.10 and 52-week high of $40.38. ONEOK stock has been showing support around 39.45 and resistance in the 40.83 range. Technical indicators for the stock are Bullish and S&P gives OKE a very positive 5 STAR (out of 5) strong buy rating. OKE appears on the Investors Observer Hedged Dividend Income list. For...
Kinder Morgan (NYSE: KMP) closed yesterday at $57.66. So far the stock has hit a 52-week low of $40.19 and 52-week high of $57.93. Kinder Morgan stock has been showing support around 56.93 and resistance in the 58.29 range. Technical indicators for the stock are Bullish and S&P gives KMP a very positive 5 STAR (out of 5) strong buy rating. KMP appears on the Investors Observer Hedged Dividend Income...
An increasing number of media commentators and bloggers - including George Monbiot - have been jumping on the 'climategate' bandwagon and adding their tuppence worth of uninformed opinion - almost all of it scathing against Professor Jones etal. In every case these commentators have 2 things in common: 1) they appear not to read the actual files, do not know the context in which certain emails were...
Climate change threatens to destroy roads, buildings and pipelines in Canada’s North and the communities are not prepared to deal effectively with those challenges, a new report warned Thursday.
With colder weather on the way, natural gas usage for heating will increase throughout the region. Southern California Gas Co. (The Gas Company) urges customers to beware of natural gas leaks. Though rare, leaks in natural gas pipelines can be caused by third-party contractors, hidden corrosion or natural disasters, and are highly flammable.
Michael Terry submits: I have been looking at Thomson Creek ( TC ), the only pure play molybdenum miner available as a play on the global infrastructure play and an indirect steel play. Molybdenum is truly a ‘wonder metal’. It is used for making steel strong and corrosion resistant and is required wherever steel faces tough, challenging conditions, such as offshore drilling rigs, power...
Zacks.com submits: First Solar Inc . ( FSLR ) announced that it would sell the 21 MW solar energy project that it has developed and constructed in Blythe, California, to NRG Energy Inc . ( NRG ). First Solar will provide operations and maintenance services at Blythe under a long-term contract with NRG Energy. This is second sale by First Solar, recently in October 2009 the company sold a 20 MW solar...
Two million square miles of permafrost—an area two-thirds the size of the United States has now thawed since the beginning of the 20th century. And all that thawing permafrost is costing the Russian oil and gas industry billions of dollars to repair damaged pipelines and infrastructure as global warming changes the face of western Siberia. The energy program head of Greenpeace in Russia, Vladimir...
ONEOK (NYSE: OKE) closed yesterday at $39.87. So far the stock has hit a 52-week low of $18.10 and 52-week high of $40.25. ONEOK stock has been showing support around 39.14 and resistance in the 40.32 range. Technical indicators for the stock are Bullish and S&P gives OKE a very positive 5 STAR (out of 5) strong buy rating. OKE appears on the Investors Observer Hedged Dividend Income list. For...
As we all live in the present, it is very hard to fully assess the future implications of decisions supported or made by political and business leaders. An extraordinary game of geo-strategy is under way to lock in long-term agreements, notably 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...