Global Energy

Photo

OPEC says Saudi to host oil talks

LONDON (Reuters) - Saudi Arabia will host a meeting of oil producers and consumers on June 22 to discuss record-high prices that are unbearable, OPEC's Secretary General said on Tuesday.

Continue Reading

Cairn bets on big Greenland oil find

LONDON (Reuters) - Greenland could have billions of barrels of oil but the costs of extracting it will be high and any developments are a long way off, the chief executive of Cairn Energy PLC said on Friday.

Europe power trade to grow, prices rise: RWE

LONDON (Reuters) - Wholesale power trading in Europe will continue last year's strong growth as more electricity crosses borders, markets converge and prices rise even more, a major market-maker said on Wednesday.

EU needs fewer energy bourses: EEX

LONDON (Reuters) - Europe should reduce the number of power and gas exchanges to a handful of competing bourses, the chief executive of German energy exchange EEX, Hans-Bernd Menzel, said on Wednesday.

Capturing carbon not so far out of reach: RWE

LONDON (Reuters) - Projects to capture and store carbon (CCS), often regarded as commercially impossible, could be viable with carbon prices of less than 100 euros, the chief executive at Germany's RWE Supply & Trading said on Wednesday.

RWE sees better Q2 trading

LONDON (Reuters) - German utility RWE has been "pleasantly surprised" by the results of its energy trading unit in the second quarter, an executive said on Wednesday, after declining profits from the unit led to an unexpected drop in first-quarter group earnings.

Suntech sees costs halving in 5 years

LOS ANGELES (Reuters) - Solar cell maker Suntech Power Holdings Co Ltd's silicon costs per watt should drop to $1 in the next five years, about half of current levels, enabling its products to compete without government incentives, a top executive said on Tuesday.

SunPower view solid despite tax credit

NEW YORK (Reuters) - Solar power company SunPower Corp will meet its financial forecasts this year and in 2009, even if the U.S. government fails to renew tax incentives that expire at the end of the year, Chief Executive Officer Tom Werner said on Tuesday.

NRC head says Yucca OK may be delayed

WASHINGTON (Reuters) - The U.S. Nuclear Regulatory Commission (NRC) lacks the funds needed to weigh a license request from the Energy Department to build a nuclear waste repository in Nevada within four years, the agency's head said on Tuesday. | Video

Canada oil firms again eyeing at Asia market: CAPP

NEW YORK (Reuters) - North American pipeline infrastructure should be sufficient to handle growing Canadian oil production through 2012, but producers are starting to look seriously at Asian markets for the future, the head of the Canadian Association of Petroleum Producers (CAPP) said on Tuesday.

Canada must look beyond carbon burial: CAPP

NEW YORK (Reuters) - Canada should look beyond an emerging technology of burying greenhouse gases underground if it wants to help tackle climate change, the head of the country's main petroleum industry group said.

Speakers

Reporter's Notebook

» More from Summits Blogs

Upcoming Summits

Summit Date Category
Islamic Banking and Finance Feb 15 - 18 Country Summits
Travel and Leisure Feb 22 - 24 Hotels/Casinos
Private Equity and Hedge Funds Mar 1 - 3 Financial Services/Exchanges
Global Mining and Steel Mar 8 - 10 Mining
Food and Agriculture Mar 15 - 18 Mining
Canadian Oil Sands Mar 22 - 23 Energy
Funds Mar 23 - 24 Financial Services/Exchanges
Global Exchanges and Trading Mar 29 - 31 Financial Services / Exchanges
Financial Regulation Apr 26 - 29 Financial Services / Exchanges
» Download Summit Calendar