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The UN Doesn’t Understand Climate Change

The UN Doesn’t Understand Climate Change

A set of background papers (PDF) written for a high-level UN off-site in August was posted last week by Fox News (hat tip:Colum Lynch). Among them is one (prepared by the Climate Change Support Team in the Office of the Secretary-General) that explores the challenge facing the UN in addressing climate change

EU Warns of Gas Shortage in Poland

EU Warns of Gas Shortage in Poland

Poland may face natural gas shortages later this year as a result of delays in signing a long-term gas supply deal with Russia, the European Commission said on 17 September. Brussels says Poland is preventing EU companies from buying its surplus Russian gas, infringing EU internal market rules.

BP Says Oil Spill Compensation Payout Rate Soars

BP Says Oil Spill Compensation Payout Rate Soars

BP said payouts to people affected by its Gulf of Mexico oil spill had dramatically increased since it surrendered authority for dispensing funds to an independent administrator.

Lukoil To Supply Uzbek Gas To China

Lukoil To Supply Uzbek Gas To China

Russian oil company OAO Lukoil Holdings (LKOH.RS) will by the end of September sign a memorandum with China National Petroleum Corp. to deliver natural gas from Uzbekistan to China, a Lukoil spokesman said Friday.

Statoil Committed To Shtokman End March 2011 FID Deadline

Statoil Committed To Shtokman End March 2011 FID Deadline

Norwegian oil and gas group Statoil ASA (STL.OS) is still committed to the deadline for the final decision to proceed with the first phase of Shtokman natural gas extraction project in Arctic Russia, planned by end March 2011, it said Friday.

Brazils Petrobras Record Share Offering Gets Larger

Brazil's Petrobras Record Share Offering Gets Larger

The largest share issue ever just got larger. Brazilian state-run energy giant Petroleo Brasileiro, or Petrobras, on Friday said it has increased the amount of additional shares that will be available to investors in its ongoing capitalization program.

On the Path to Full Spectrum Photovoltaic Solar Cells

On the Path to Full Spectrum Photovoltaic Solar Cells

The maximum use of incoming solar radiation relies on using the full spectrum of the light and infrared radiation. There’s a lot of power in the infrared – not something the current photovoltaic cell is harvesting.

64 percent of New Power to be Renewable Over Next Decade

64 percent of New Power to be Renewable Over Next Decade

Renewable energy is set to make up nearly two-thirds of new electricity generation capacity installed in the EU over the next decade, according to new estimates by the European Commission.

ArcelorMittal: China Still Long Way From Peak Steel Demand

ArcelorMittal: China Still Long Way From Peak Steel Demand

Emerging markets such as Brazil and India still hold growth opportunities for steel producers, steelmaker ArcelorMittal (MT) said Thursday while announcing further iron ore investment plans and cost saving targets.

Russia, Canada Trade Rival Arctic Claims

Russia, Canada Trade Rival Arctic Claims

Canada and Russia's foreign ministers traded claims over the Arctic Thursday as their countries eyed energy riches and shipping routes made increasingly accessible by melting Polar ice.

Iraq To Sign Oil Pipeline Accord With Turkey Sunday

Iraq To Sign Oil Pipeline Accord With Turkey Sunday

Iraq is planning to sign an accord Sunday with Turkey to extend the operation of a major oil pipeline after they agreed to renew the deal, the Iraqi Oil Ministry said in a statement Thursday.