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Today's Energy News Summaries

A summary of recent energy industry news from a variety of sources.

Responding to Sharon Astyk on permaculture and Transition

Sharon concludes: "All that matters is that the work gets done, as well as possible, that the floods are as small as we can make them, and that the suffering is as little as possible. That’s honestly all I care about." Indeed. That is the task to which we all dedicate ourselves, whatever we choose to call this work.

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Read more [Energy Bulletin]

How trading from home at 2am led to oil price spike

The story of what triggered almost $10m (€7m) of losses on the Brent oil market on Tuesday is still being pieced together, but one thing is clear: Steven Noel...
Read more [Financial Times Energy News]

How the pressure came to a head

* 1999: Reliance Industries wins exploration rights for the KG-D6 oil and gas block off eastern coast of India. * July 6 2002: Reliance's founder,...
Read more [Financial Times Energy News]

Oil price rallied after 2am activity

The story of the events which triggered almost $10m (£6m) of losses on the Brent oil market on Tuesday is still being pieced together, but one thing is clear:...
Read more [Financial Times Energy News]

Questions grow over oil spike brokerage

PVM Oil Associates manager wrote bullish note on rising prices before rogue trade discovered
Read more [Financial Times Energy News]

Crude futures down on gloomy economic, oil data amid light trade

London (Platts) -- 3Jul2009 -- Crude oil futures in Europe were rangebound Friday, unable to recover from bearish economic and oil data released this weak, sources said, with the market also seeing light trading activity due to today's...
Read more [Platts Oil Industry News]

ODAC Newsletter - July 3

A weekly review from a UK perspective - "The first round in the great Iraqi oil sale was an interesting affair if not a very conclusive one. In the live TV auction which took place on Tuesday, only one deal was reached as international oil companies refused to meet the terms demanded...

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Read more [Energy Bulletin]

Solutions & sustainability & community - July 3

Economy takes its toll on Amish
Greening a mountain community: Estes Park, Colorado
Why Are Chickens Leading the Sharing Revolution?

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Read more [Energy Bulletin]

Housing & urban design - July 3

Urban retrofits
Organic Farms as Subdivision Amenities
The Farmer and the Lawn

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Read more [Energy Bulletin]

Rogue broker blamed for oil spike

PVM Oil Associates, the world's biggest over-the-counter oil brokerage, says it lost nearly $10 million this week because of unauthorized trades that caused a temporary spike in Brent crude markets.
Read more [MSNBC Oil & Energy]

Vietnam's Petrolimex likely to lift oil products from Dung Quat

Singapore (Platts) -- 3Jul2009 -- Vietnam's primary oil products importer Vietnam National Petroleum Corporation, or Petrolimex, will likely lift oil products from the country's newly built refinery at Dung Quat, trading sources said this...
Read more [Platts Oil Industry News]

Indonesia's Tangguh to deliver first LNG cargo on Saturday

Jakarta (Platts) -- 3Jul2009 -- Indonesia's Tangguh LNG project is scheduled to deliver its first cargo to South Korea's Posco as early as Saturday, a senior Indonesian oil ministry official said Friday. "It had earlier been scheduled...
Read more [Platts Oil Industry News]

India's MCX launches monthly gasoline futures contract

Singapore (Platts) -- 3Jul2009 -- The Multi Commodity Exchange of India, the country's largest commodity exchange, launched a monthly gasoline futures contract on July 1, MCX told Platts Thursday. The new contract supports India's...
Read more [Platts Oil Industry News]

Regal lifted by broker's note

Regal Petroleum , the Aimlisted oil and gas group focused on Ukraine, added 4.2 per cent to 69p on the back of a very bullish note from Merrill Lynch. The broker...
Read more [Financial Times Energy News]

Spain reprieves ageing plant in sign of rethink

Spain's Socialist government, yielding to intense pressure from electricity companies, local authorities and employees at risk of redundancy, yesterday granted a...
Read more [Financial Times Energy News]

Ambani brothers' gas price feud sets scene for Indian test case

Reliance Industries, controlled by Mukesh Ambani, India's wealthiest man, is set to take a rival group run by his younger brother Anil to the Supreme Court in a gas...
Read more [Financial Times Energy News]

China's oil ambitions take it to new frontiers

The instant reaction in the oil industry to reports that China National Petroleum Corp was in talks to buy the majority of YPF of Argentina from its Spanish parent...
Read more [Financial Times Energy News]

Platts Broker-Based Indexes for Coal and Emissions for July 2

Washington (Platts) -- 2Jul2009 -- Platts weekly broker emissions indexes, along with its monthly broker emissions indexes and the daily OTC coal broker indexes are posted here so all market participants can evaluate our results. Our "Methodology...
Read more [Platts - Coal News]

Gas feud sets scene for Indian test case

Reliance Industries, controlled by Mukesh Ambani, India's wealthiest man, is set to take a rival group run by his younger brother Anil to the Supreme Court in a gas dispute
Read more [Financial Times Energy News]

BLM Opens Doors for SW Solar Grand Plan

Just a year and a half after a breakthrough Solar Grand Plan study was published in the January 2008 Scientific American, the U.S. government has begun plans to implement major elements of such a Plan.

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Read more [Energy Bulletin]

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