Japan: Police Raid Nuclear Plant Offices

Dozens of police officers on today raided the offices of Kansai Electric at the site of Japan’s worst nuclear plant accident as part of a criminal investigation into the tragedy that killed five people last month, an official said.

No relief in Indonesian oil slump

With the price of oil hovering around US$40 per barrel, it is easy to assume that the oil-producing countries are laughing all the way to the bank. Indonesia, a seasoned player in the yo-yo market of oil revenue, has been careful not to take the current financial windfall too far, however, and for good reason.

Cold Fusion Back From the Dead

Later this month, the U.S. Department of Energy will receive a report from a panel of experts on the prospects for cold fusion—the supposed generation of thermonuclear energy using tabletop apparatus.

US: Renewable energy remains elusive

Jimmy Carter put solar heating panels on the White House during his first year in office to promote energy conservation. Ronald Reagan took them off and ushered in the era of market deregulation shortly after he was elected.

Indonesia short on LNG commitments

Indonesia said it may need to buy 54 spot cargoes of LNG between 2005-2007 to meet its overseas sales commitments. Indonesia is the world’s top exporter of LNG, but has been struggling to meet its contractual commitments for the super-cooled, compressed gas as output has declined and supplies have been diverted to the domestic market, mainly to fertiliser plants.