Saturday, May 25th
Last update02:13:16 AM GMT
Energy Glance
Experts commissioned by the operator of a Japanese nuclear plant that faces possible closure because of a suspected active seismic fault say a decision should wait, citing insufficient data.
Tuesday's request came a day before Japan's nuclear watchdog is to rule on the future of the Tsuruga No. 2 reactor in western Japan. The watchdog's own panel said last week that the reactor most likely sits on an active fault and shouldn't restart.
TVNL Comment: When will the ever learn? Just asking...
The seaside plant between San Diego and Los Angeles has been dark since January 2012, after a small radiation leak led to the discovery of unusual damage to hundreds of tubes that carry radioactive water.
After scarring the ancient landscapes of Jerusalem and Bethlehem in the name of security, Israel’s separation barrier had been slated to carve through this Palestinian village’s 2,500-year old farm terraces and aqueducts.
But for the first time in years, Israel’s high court has given Batir and its 6,000 residents – famed for its annual yield of aubergines – reason to hope that a way of life preserved through centuries won’t be destroyed.
A European probe into possible oil price manipulation expanded with the investigation of a small niche trading house in the Netherlands and a key U.S. senator on Friday called for the Justice Department to join the investigation.
Dutch trading house Argos Energies, a mid-sized trading company that deals in physical oil products and owns storage facilities, was visited by inspectors from the European Commission on Tuesday, a source familiar with the investigation said on Friday.
Oil companies will face the full force of the law if they manipulated prices, Britain's energy minister said on Wednesday as a rating agency warned of massive fines if a European Commission's probe into oil pricing found any wrongdoing.
Oil firm Eni (ENI.MI) said the European Commission had asked it to provide information, although it was not being probed.
The Italian company's statement came a day after the offices of Shell (RDSa.L), BP (BP.L) and Statoil (STL.OL) were raided by investigators over suspected oil price manipulation.
More than 21 million acres offshore Texas will go on the auction block to energy explorers in an August sale in New Orleans, the U.S. government announced.
The U.S. Interior Department and its Bureau of Ocean Energy Management said the auction would open unleased areas in the western Gulf of Mexico.
On August 28, 1928, in the Scottish highlands, began the secret story of oil. Three men had an appointment at Achnacarry Castle - a Dutchman, an American and an Englishman.
The Dutchman was Henry Deterding, a man nicknamed the Napoleon of Oil, having exploited a find in Sumatra. He joined forces with a rich ship owner and painted Shell salesman and together the two men founded Royal Dutch Shell.
The American was Walter C. Teagle and he represents the Standard Oil Company, founded by John D. Rockefeller at the age of 31 - the future Exxon. Oil wells, transport, refining and distribution of oil - everything is controlled by Standard oil.
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