• MMS to hold oil lease sale in Alaska's Chukchi Sea

    ANCHORAGE, Alaska (Reuters) - The U.S. Minerals Management Service said Wednesday it will offer oil and gas exploration rights next month to 29.7 million acres in the remote Chukchi Sea off northwestern Alaska. The decision to hold the February 6 lease sale, the first in the Chukchi since 1991, comes days before the U.S. Fish and Wildlife Service will decide whether to list the polar bear as threatened and has drawn fire from environmentalists seeking to limit oil development in the area. >> Read the Full Article
  • Oil hits record $100

    NEW YORK (Reuters) - Oil vaulted to a record $100 a barrel on Wednesday as geopolitical turmoil, tight energy stockpiles, and a weak dollar triggered a flood of speculative buying, dealers said. U.S. crude gained $4.02 to $100 a barrel by 12:13 p.m. EST. London Brent crude rose $3.63 to $97.48. "It is a combination of things... a weaker dollar -- on expectations of further interest rate cuts -- and Nigeria," said Nauman Barakat of Macquarie Futures USA. >> Read the Full Article
  • UK seen giving green light to new nuclear plants

    LONDON (Reuters) - Britain is expected to give the go-ahead to a new generation of nuclear power stations next week, sparking a frenzy of deal-making by nuclear firms as well as a fresh challenge from environmental campaigners. "I don't think the government has any other option," said analyst David Cunningham at Arbuthnot Securities. "It's a necessary evil." >> Read the Full Article
  • India to provide subsidy for solar power plants

    India will subsidize the running of solar power plants to help develop a renewable energy infrastructure, where high costs can be prohibitive, the minister for renewable energy said on Wednesday. Renewable energy accounts for about 7.5 percent of India's installed generation capacity of 127,673 MW, a rate that compares favorably with much of the rest of the world. >> Read the Full Article
  • Cyclone veers away from Australia's northwest coast

    SYDNEY (Reuters) - Oil companies have begun to resume production in Australia's remote northwest coast after government meteorologists on Sunday cancelled a cyclone warning for category two tropical cyclone Melanie. The bureau cancelled cyclone warnings along the coast as Melanie, packing winds of up to 150 kph (94 mph), was moving away from the coast and was expected to remain offshore, it said on its Web site (www.bom.gov.au). >> Read the Full Article
  • Beijing introduces cleaner fuel standards

    BEIJING (Reuters) - China has introduced cleaner fuel standards in its capital Beijing, its latest effort to curb the city's notorious pollution ahead of the Olympic Games in August. Under the new standards, retailers will be required to supply gasoline and diesel equivalent to the Euro IV standard, a move that will cut emissions of acid rain-causing sulphur dioxide by 1,840 tonnes, the China Daily said on Wednesday, citing Beijing's Environmental Protection Bureau. >> Read the Full Article
  • Solatubes: Power-free lighting solution

    If you're looking for an innovative and highly energy efficient daylighting system, Solatube may be the answer. These sunlight tubes combine art and science to provide beautiful and functional daylighting. This technology has actually been tauted as one of the most technologically advanced daylighting products available today. The combination of creative component integration along with a sleek design provides an abundance of pure, clean and natural light for any interior space. >> Read the Full Article
  • Nobel Expert: Car Industry Can Reach, Exceed New Standards

    Davis California - UC Davis auto fuels authority Daniel Sperling says that despite years of automakers "kicking and screaming" about the new mileage standards that Congress set this week, the industry should be able to reach -- even exceed -- 35 mpg by 2020. >> Read the Full Article
  • Utilities Remind Customers: Protect Home From Carbon Monoxide

    SAN FRANCISCO - Many customers are turning gas furnaces on to stay warm as cold winter weather arrives in force. The west coast utility Pacific Gas and Electric Company reminds customers nationwide to make sure all gas furnaces and appliances inside the home are in proper working order. Gas appliances that do not burn properly can produce unsafe concentrations of carbon monoxide, a colorless, tasteless and odorless gas that can cause serious illness and even death if not detected. >> Read the Full Article
  • Robots Taking Over The Job On Offshore Oil Drilling Platforms

    SINTEF scientist Pal Liljeback is standing in the new NOK 80 million laboratory financed by Norsk Hydro. The lab covers only 30 square metres and lies deep in the basement of one of the Electro buildings on the SINTEF/NTNU campus on Gloshaugen in Trondheim. An orange robot arm hangs from a steel beam that spans the room at ceiling height, framed by large, sky-blue support beams. >> Read the Full Article