Daily Archives: December 3, 2010

Kiran Stacey

Yesterday Desire Petroleum’s shares jumped more than a quarter, which can only mean one thing: oil in the Falklands. Read more

Sheila McNulty

Even as the world’s oil and gas companies continue to tap into Canada’s oil sands, the movement against using the carbon-intensive fuel generated from them continues to grow. ForestEthics, which has been campaigning against the use of oil sands-generated fuel, says it now has 10 companies who have publicly taken action against the use of oil sands or other high-impact fuels. Read more

Kiran Stacey

In this week’s readers’ Q&A session, Ditlev Engel, CEO of Vestas, the world’s biggest wind turbine manufacturer, answers your questions on the future of wind power.
In the second of two parts, he talks about the inefficiencies of wind power and the impact of the recession on Vestas.  Read more

Kiran Stacey

In this week’s readers’ Q&A session, Ditlev Engel, CEO of Vestas, the world’s biggest wind turbine manufacturer, answers your questions on the future of wind power.
In the first of two parts, Ditlev defends his industry’s government subsidies, explains his company’s decision to axe 3,000 jobs and discusses the major global obstacles to developing wind energy. Read more

Kiran Stacey

The boss of the world’s biggest wind turbine manufacturer, Vestas, has warned that the wind energy sector in Europe remains fairly stagnant, in remarks that deal a blow to governments’ hopes of constructing new industries around renewable technologies.

Answering Energy Source readers’ questions, Ditlev Engel warned of a “lack of momentum in Europe”. He said:

We have, so to speak been holding our breath for a very, very long time in this region – and not by accident.

But today, when almost all countries in the area are struggling to get their economies back together, we must face the fact that uncertainty – even by 2011 – will remain significant around Europe.

 Read more

FT Energy Source

- Cheney faces Nigeria charges – FT
- Nigerian oil union on strike at Exxon unit – Bloomberg
- China considers $1.5 trillion strategic industries boost – Reuters
- Chevron selling gas field stake to Sinopec – FT
- Oil find brightens outlook for Falklands – The Times (£)
- Shell sponsors climate change exhibition – FT
- EPA marks its 40th birthday – NY Times Green blog
- API warns of chaos over new GHG permit rules – Argus
- Oil trading group Gunvor denies Putin links – FT
- Ukraine’s Firtash questioned over mafia ties – FT
- Cleantech ventures see plunge in funding – WSJ (£)
- Ocean power to wave goodbye to Aim – FT
- Snow brings fears of UK fuel shortage – FT
Cancun news: day five
- Cancun feud hits climate deal talks – FT
- EU funding offer sparks anger at Cancun – EU Observer
- China turns negotiating tables on US at stalled climate talks – Bloomberg
- Climate coalition seeks flexibility from COP16 – Argus
- Is God determined to prevent a deal? – George Monbiot, The Guardian Read more