New Delhi

California Continues To Lead U.S. In Green Technology

The Wind Industry is set to take off over the next 30 years and could become one of the nation’s dominant power sources, the Obama administration stated yesterday.”The Energy Department projects that by 2050 wind power could provide 35 percent of U.S. electricity — a dramatic jump from today’s energy landscape, in which wind provides less than… Keep reading →

Crude Oil Carrier Hijacked By Somali Pirates

Iran has a new oil minister – Bijan Namdar-Zanganeh – and he has an ambitious plan to bring oil output back to 2005 levels of 4.2 million barrels per day, up from 2.56 MM bbl/d now. If he can actually make it happen – a big “if” – additional supply on the market could impact prices.… Keep reading →