LONDON, Nov. 10 (UPI) -- High-value investors including the pension funds are pushing oil as an instrument of high-yield investment, a factor that is keeping oil prices high amid low interest rates and low energy demand, a London think tank said Tuesday.
OTAGO, New Zealand, Nov. 10 (UPI) -- New Zealand's environment court has rejected a plan to develop the country's biggest wind farm, on the grounds that it would ruin the surrounding landscape.
WASHINGTON, Nov. 10 (UPI) -- An agreement on climate change can develop from the upcoming Copenhagen conference despite unresolved issues, U.N. Secretary-General Ban Ki-moon said.
ELLENSBURG, Wash., Nov. 10 (UPI) -- Puget Sound Energy entered another 22 wind turbines into service at its Wild Horse wind and solar farm in central Washington state.
LONDON, Nov. 10 (UPI) -- Each year the world delays implementing a global climate-protection deal will add $500 billion to the costs related to greenhouse gas emissions reductions, the International Energy Agency said Tuesday.
DALLAS, Nov. 10 (UPI) -- U.S.-based Premier Energy Corp. announced it reached a non-binding agreement with Russia's Rossgaz to continue drilling operations in southwestern Russia.
DALLAS, Nov. 10 (UPI) -- There is enough natural gas in the United States to supply the country with its energy needs for the next century, said energy advocate T. Boone Pickens.
PRINCETON, N.J., Nov. 10 (UPI) -- New Jersey-based NRG Energy Inc. acquired wind power leader Bluewater Wind from Babcock & Brown and Arcadia Windpower for an undisclosed sum.
MOSCOW, Nov. 10 (UPI) -- Russian President Dmitry Medvedev welcomed Austrian Chancellor Werner Faymann to Moscow on Tuesday to discuss natural gas supplies for Europe.
PARIS, Nov. 10 (UPI) -- France-based GDF Suez announced the merger of its electric and gas transport assets in Chile with copper producer Codelco, creating a regional giant.
MOSCOW, Nov. 10 (UPI) -- Russia and Germany contribute to regional energy security and environmental protection through their commercial interests, the Russian prime minister said.
BRUSSELS, Nov. 10 (UPI) -- A Polish economist blasted a decision by the Russian-backed Nord Stream consortium to move forward with construction of the gas pipeline without consultation.
NAVI MUMBAI, India, Nov. 10 (UPI) -- India's Reliance Industries Ltd. announced the first oil discovery in an onshore block located in the Cambay basin near the Gulf of Khambhat.
CARACAS, Venezuela, Nov. 9 (UPI) -- Venezuela and Iran are considering a wide-ranging energy cooperation deal that will give Iran a sanctions-busting option to import up to 20,000 barrels a day of gasoline from this Latin American country.
CANBERRA, Australia, Nov. 9 (UPI) -- Even where coal is king -- for domestic energy and as a lucrative export industry -- the case is being made for Australia to wean itself off coal, reports The Age.
