Energy Sector

OPEC oil price gains 0,50 dollars

OPEC oil price gains 0,50 dollarsVienna  - The price for oil produced by the Org

Inspectors report more cracks on Vietnam dam

Inspectors report more cracks on Vietnam damHanoi  - Inspectors acknowledged eight previously unreported cracks in a 130-metre-high dam under construction in the province of Son La, Vietnamese media reported Friday.

Inspectors from the Vietnam Electricity Corporation (EVN), the main investor in the Son La dam, reportedly found five major cracks and three small ones in addition to two that had been previously reported. The cracks were discovered between September and December.

The half-millimetre-wide cracks range from 8 metres to almost 100 metres in length, and run up to 6 metres into the body of the dam.

US could get clean energy upgrade by early summer

US could get clean energy upgrade by early summer Washington - Renewable energy in the United States could get a significant cash boost by early summer after President Barack Obama signed a massive
787-billion-dollar economic stimulus package this week, the administration said Thursday.

Energy Secretary Steven Chu said his department was doing its best to speed up the evaluation of new projects and expected about 70 per cent of the total energy funds to be used by the end of 2010.

OPEC oil price reaches new low for 2009

RIL to start gas supply from KG-D6 in April

RIL to start gas supply from KG-D6 in AprilReliance Industries is likely to start supply of natural gas from KG-D6 basin from April this year, helping the country to reduce its gas import bill and satisfying its energy needs. The gas obtained from RIL would be used for household needs and transport sector, supplying gas through pipelines first time in the country.

Union Petroleum Minister, Murli Deora said, "It has been decided to supply the first 40 million standard cubic meters per day of gas to meet the shortfall of exiting gas-based urea plants, LPG plants and power plants."

S.Africa to display technology for converting coal into gas and liquid

South African company `Sasol'New Delhi, Feb. 18 : During the upcoming International Engineering and Technology Fair (IETF) 2009, South African company `Sasol' will be showcasing technology to convert coal into gas and liquid forms.

This technology can be harnessed to meet India's energy requirement, said the country''s High Commissioner to India, Sehloho Francis Moloi.

Addressing a press conference organised by the Confederation of Indian Industry (CII) to announce the 18th edition of IETF 2009, Moloi further stated: "South Africa's partnership during IETF 2009 is aimed towards achieving bilateral trade target of 12 billion dollars by

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