• Plan for biggest solar project in the U.S.
    Published: May 13, 2008 at 4:52 PM
    ALLENTOWN, Pa., May 13 (UPI) -- PPL Renewable Energy announced plans for the largest U.S. rooftop solar installation.
  • Brazil launches greenhouse gas program
    Published: May 13, 2008 at 4:49 PM
    BRASILIA, Brazil, May 13 (UPI) -- Brazil launched the Brazil Greenhouse Gas Protocol Program under which 12 corporate members have agreed to report their global-warming emissions.
  • DoE: U.S. can hit 20 percent wind by 2030
    Published: May 13, 2008 at 3:22 PM
    WASHINGTON, May 13 (UPI) -- Wind power is capable of becoming a major contributor to America's electricity supply, a report released by the U.S. Department of Energy says.
  • UPI Energy Watch
    Published: May 13, 2008 at 7:32 PM
    OPEC leaders claim no control over oil prices; China quake cuts oil demand temporarily; Kazakhs threaten to sanction Agip
  • Oil and Gas Pipeline Watch
    Published: May 13, 2008 at 8:48 AM
    By DANIEL GRAEBER
    UPI Correspondent
    Leaders from the European Union met with Middle Eastern officials in Brussels to finalize details of the Trans-Arab gas pipeline.
  • UPI Energy Watch
    Published: May 12, 2008 at 1:58 PM
    Oil, gas executives see sub-$100 prices by end of year; EnCana Corp. splits; Iran says South Stream projects will go ahead
  • Analysis: Turks eye carrying Kazakh oil
    Published: May 12, 2008 at 1:16 PM
    By JOHN C.K. DALY
    UPI International Correspondent
    WASHINGTON, May 12 (UPI) -- As Kazakh oil exports continue to rise, Turkey is seeking to position itself as a major transit hub for Kazakh hydrocarbons. Despite Turkish aspirations, however, a number of obstacles exist to Kazakhstan diversifying its export routes to include Turkey.
  • Analysis: China faces tanker shortage
    Published: May 9, 2008 at 8:21 PM
    By JOHN C.K. DALY
    UPI International Correspondent
    WASHINGTON , May 9 (UPI) -- China's rising energy demands will require Beijing to either build or lease ships to carry the oil needed for its industry. As domestic tanker production has failed to keep pace with rising demand, some Chinese maritime specialists see a shortage in carrying capacity for Chinese oil imports developing by 2015.
  • Analysis: Russia squeezes Mongolia
    Published: May 9, 2008 at 8:16 PM
    By JOHN C.K. DALY
    UPI International Correspondent
    Record-high energy prices are increasingly dominating Russia's trade relations with Mongolia. As Mongolia imports nearly all of its oil from Russia, the country is feeling pressure from sharp Russian price increases, and the government is seeking legislative changes to ameliorate the effect of the price increases on the population.

Australia's oil investment is up this year


Published: May 9, 2008 at 11:51 AM
SYDNEY, May 9 (UPI) -- Investment in Australia's oil firms increased at the beginning of 2008.

The Esso/BHP Billiton joint venture in Bass Strait is just one example. The venture is working toward giving $1.1 billion for the second-stage development of the Turrum oil and gas field in early June, The Age reported.

The offshore development on the Gippsland coast has been estimated to be able to tap 1 trillion cubic feet of gas, which is reportedly needed to offset depletion of gas reserves from existing fields.

The first of the oil from the Esso-operated development is expected by 2011. In the initial phase, gas will be re-injected and gas sales are forecast to start in 2015.

The reservoirs will be tapped by drilling two oil wells and four gas wells, and right now regulatory approvals are still being sought while front-end engineering and design work is complete.

There are other developments as well, like Nexus Energy's $195 million development of the Longtom gas field and Santos and its partners' $275 million development of the Henry gas field.


© 2008 United Press International. All Rights Reserved.
This material may not be reproduced, redistributed, or manipulated in any form.
» Next in Energy - Briefing: Canadian oil firm increases exploration