10 December 2010
"The modern society is a direct function of surplus energy derived primarily from oil, gas and coal and its future depends on the 'nergy cost of energy' remaining low. When energy cost of energy is high, the surplus energy available is low. On the other hand when the energy cost of energy is low, the surplus energy available is high..."
OIL & GAS
- ONGC marginal fields to boost output by a tenth in next 2 years
- SacOil buys stake in Nigerian oil and gas block
- Uganda, Congo plan to better coordinate oil activities on border
POWER
- Indian power generation to go up by 28 GW by 2017
- Vale opens to investing in power generation in Chile
- U.S. pressed for deeper greenhouse gas reductions by China, India, Brazil
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