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News of the 07/28/2008

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AEP To Pursue Development Of Transmission Superhighway To Transport Renewable Energy Across The U...
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Rising inflation hits German confidence

  
Consumer confidence in Europe's biggest economy slid to a more-than 5-year low as higher energy prices, growing fears of a recession and concern about the global economy needled German shoppers.
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South Korea to up alternative energy spending

  
SEOUL (Reuters) - South Korea plans to raise its investment in alternative energy development by 60 percent this year to $193 million, the government said on Monday, as the resource-hungry nation seeks to diversify its energy sources.
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Schneider Electric strengthens its position in renewable energy solutions with the acquisition of...

  
Rueil-Malmaison (France), July 28, 2008 – Schneider Electric (Euronext: SCHN) announced today that it has signed a definitive arrangement agreement with Xantrex Technology Inc. (Toronto Stock Exchange: XTX) providing for the acquisition by Schneider Elect
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Kraft Foods profit beats estimates

  
CHICAGO (Reuters) - Kraft Foods Inc posted higher-than-expected quarterly profit on Monday as price increases and hedging positions offset rising costs for energy and commodities like wheat.
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Warning Over Big Fuel Bill Hikes

  
The energy market needs urgent reform as millions of households face significant price rises in the near future, MPs have warned.
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News of the 07/27/2008
    

Petrobras inaugurates the first commercial biodiesel plant

  
Petrobras' Gas et Energy director, Maria das Graças Foster, and the appointed president of Petrobras Biocombustível, Alan Kardec, will participate, this Monday (07/28), at 11 AM, in a press conference in Salvador (BA). They will speak about the inauguratio
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News of the 07/26/2008
    

Maine governor talks energy

  
Gov. John Baldacci is looking ahead to the winter in weekly radio address, and Republicans are looking as far as the elections in their response.
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News of the 07/25/2008
    

EDF raises gas and electricity bills

  
EDF Energy has announced it is putting up gas prices by 22% and electricity prices by 17% for domestic customers.
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Origin welcomes investment opportunities identified in esaa report on emissions trading

  
Origin Energy today welcomed the release of a report by the Energy Supply Association of Australia (esaa) on the impact of an emissions trading scheme on the Australian economy. In particular Origin is encouraged to see further confirmation of the substan
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Suncor Energy reports lifting of production cap at Firebag in-situ oil sands operations

  
Calgary, Alberta (July 23, 2008) – Suncor Energy Inc. reports that, effective July 22, the Alberta Energy Resources Conservation Board (ERCB) has removed production constraints imposed on Suncor's Firebag in-situ oil sands operations.
Bitumen productio
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EDF would gain from British Energy buy

  
French nuclear power company Electricite de France SA would get a strategic and profitable foothold in Britain's planned push into renewable energy if it were to make a deal for Britain's largest electricity producer, analysts said Friday.
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Kayaking teens accused of tiki bar beer theft

  
Two teenagers have been arrested after kayaking across a lake and stealing beer and energy drinks from a man's beachfront tiki bar.
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News of the 07/24/2008
    

Today on the presidential campaign trail

  
IN THE HEADLINES Obama tells Israelis he's committed to their security, speaking with Hamas rockets as backdrop ... McCain denies he misstated timing of Iraq surge; says some elements began before Bush's order ... McCain credits Bush for drop in oil and gas prices ... Economy top issue, but energy concerns grow in AP-Ipsos poll ... McCain airs radio ads ...
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Suncor Energy and Fort McKay First Nation partner to promote business development for Aboriginals

  
Fort McKay, Alberta (July 23, 2008) – Suncor Energy and Fort McKay First Nation are pleased to announce a joint partnership to establish a business “incubator”, that will promote economic development and entrepreneurship in the community of Fort McKay.
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Logan Airport gets environmentally friendly runway

  
Logan International Airport will repave one of its runways with a new asphalt mix that is said to require less energy to produce and cuts down on greenhouse gas emissions.
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British Energy close to sale deal

  
French energy firm EDF and British Gas owner Centrica are close to buying British Energy, the BBC learns.
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Energy Bill Rises 'Before Winter'

  
The boss of one of the UK's biggest energy firms has added to the warnings that customers are likely to see big hikes in their bills in the very near future.
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Rice says US-India nuclear deal good for the world

  
Secretary of State Condoleezza Rice said Thursday that a proposed U.S.-India nuclear energy deal is good for both countries and for global efforts to reduce the spread of atomic technology and greenhouse gas emissions.
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