Energy & Oil

• Tuesday, April 15th 2008 - 21:00 UTC

  Scientists call for radical changes in food production

  A United Nations-backed group of over 400 scientists are calling for a radical change to the way the world grows food to better serve the poor and hungry and to protect the planet's resources.

• Tuesday, April 15th 2008 - 21:00 UTC

  Chinese investment fund purchases 1% of BP for a billion £

  China has spent a billion pounds buying a 1% stake in BP, the UK's largest company by market value. The investment was made by the State Administration of Foreign Exchange, a unit of the Central Bank managing 1.6 trillion US dollars in foreign exchange reserves.

• Monday, April 14th 2008 - 21:00 UTC

  Sniffs of another major oil discovery offshore Brazil

  Brazil's government managed oil corporation Petrobras said late Monday that more conclusive data on the Carioca ultra deep pre salt basin discovery potential “will only be known after other phases in the assessment process have been completed”.

• Monday, April 14th 2008 - 21:00 UTC

  Massive production of bio-fuels: “crime against humanity”

  Massive production of bio-fuels is “a crime against humanity” because of its impact on global food prices, said on Monday United Nations Special Rapporteur for the Right to Food, Jean Ziegler.

• Wednesday, April 9th 2008 - 21:00 UTC

  Chile and England have the highest wave energy potential

  

  Chile is the country with the highest wave energy potential in the world, the British engineering consultant Baird & Associates reported last week. According to company officials, wave energy along Chile's coast can satisfy up to 24% of the country's energy demand in summer and 26% in winter.

• Tuesday, April 8th 2008 - 21:00 UTC

  Chilean Patagonia dams controversy reaches NY Times

  

  Another controversy has erupted in The New York Times involving Chile and a project to build hydroelectric dams in Patagonia, an initiative which is being questioned by international environmentalists groups.

• Monday, April 7th 2008 - 21:00 UTC

  Aerial target technology first deployed in Falklands

  

  The first operational deployment of the Combined Aerial Target Service, CATS is scheduled to be shipped this month to the Falkland Islands garrison where they will be used to train British Army ground based air defense units stationed in the Islands reports Technology News Daily, TND.

• Sunday, April 6th 2008 - 21:00 UTC

  Methanex to recover full capacity production in 2011

  

  The huge methanol producing complex belonging to Methanex in Punta Arenas, extreme south of Chile, will only recover full capacity production in three years time, 2011, when a sustained provision of Chilean natural gas is ensured, according to Bruce Aitken, CEO of the Canadian corporation.

• Saturday, April 5th 2008 - 21:00 UTC

  Petrobras plans drilling off shore Mar del Plata in 2010

  Brazil's government managed oil corporation Petrobras Energia announced the investment of 2.4 billion US dollars in hydrocarbons exploration and exploitation in Argentina in the next four years.

• Wednesday, April 2nd 2008 - 21:00 UTC

  Petrobas begins operations with extra heavy oil

  

  Brazil's government managed oil corporation Petrobras announced Tuesday that its first oil rig designed to produce extra heavy petroleum went online on Tuesday. The special rig is located in the Badejo field in the Campos basin, off Rio do Janeiro according to a release from Petrobras.