Insight and inspiration in turbulent times.
A swamp near here is one of the most secretive places in America. There are no signs, just a 500-acre complex protected at all times by 30 armed guards in combat fatigues patrolling in sport utility vehicles.
Amanullah Khan Jadoon, the Pakistani minister for petroleum and natural resources, said on Friday that the Prime Minister is due to visit Iran next month where final talks over the Pakistan-Iran-India gas pipeline project would be held.
Queensland’s coal producers are struggling to get the product to the coast and onto the boats because of the state’s inadequate port facilities.
The state should be taking full advantage of a tripling in world coal prices over the past 18 months but basic transport is holding up profits.
The grid and the problems it faces. “If the electric power grid is to meet 21st−century demands, society will need to invest in extensive modernization,” say the authors.
Between August and October, Iraq lost $7 billion dollars in potential revenues due to sabotage against the country’s oil infrastructure, according to Assem Jihad, spokesman of the Oil Ministry.
Aware of Iran’s dependence on India to market its gas, New Delhi is dragging its feet even as Tehran pumped up the gas on the proposed Iran-India pipeline traversing through Pakistan.
Prospects for the trans-Afghan pipeline seem good, with the Asian
Development Bank (ADB) indicating that it is set to launch a preliminary
report on the US$2 billion project linking the vast gas field in
Turkmenistan to Pakistan, through Afghanistan.
A vital $3bn (£1.6bn) pipeline designed by BP to help meet Britain’s oil needs well into the next decade has been riddled with corrosion, it emerged yesterday.
Saboteurs attacked an oil pipeline and an oil well near northern Kirkuk on Wednesday, oil officials said.
China, the world’s second-largest consumer of oil after the United States, has plenty of cash to secure sources of petroleum and natural gas. But as aggressively as any nation, it is also cutting deals and forging alliances to get the energy it needs.
Recent news about the situation in the Russian oil sector has been largely confined to two or three major oil companies. The Yukos saga has dominated, but there are other trends in the Russian oil sector that influence the country’s economy.
A lack of spare oil tankers and an increase in OPEC production are driving shipping rates to records, said Morten Arntzen, CEO of Overseas Shipholding Group, the largest U.S.-based oil tanker owner.
