A U.S. nuclear plant in Alabama similar in design to the earthquake-hit Fukushima facility in Japan has multiple defenses to prevent and tackle the same kind of emergency, its operator said. Safety features at the Browns Ferry plant in northern Alabama are so superior to those at Japan’s Fukushima Daiichi plant that even in the event of massive...
The top U.S. nuclear regulator on Wednesday approved the launch of a safety review of U.S. nuclear reactors sought by President Barack Obama in response to the ongoing crisis at Japan’s Fukushima plant. The Nuclear Regulatory Commission voted to create an agency task force made up of current and former commission experts that will review the information...
Gasoline prices in the United States rose 6.65 cents per gallon over a two-week period, carried by the rise in crude oil prices stemming from the turmoil in Libya, an industry analyst said. The national average for a gallon of self-serve, regular gasoline was $3.57 on March 18, according to the Lundberg Survey of about 2,500 gas stations. The 6.65-cent...
Tsunamis triggered by Japan’s devastating earthquake that prompted thousands to flee the Pacific coast of North and South America caused flooding as far away as Chile on Saturday, but damage was limited. The tsunami lost much of its energy as it moved thousands of miles (km) across the Pacific Ocean, although governments took no chances and ordered...
The radiation leak in Japan immediately recalls memories of accidents at the Chernobyl and Three Mile Island power stations, and how it unfolds will be a critical test for international acceptance of nuclear energy. The Fukushima incident, brought on by the biggest earthquake ever recorded in Japan, took a turn for the worse on Saturday after a blast...
Stocks rose on Friday, led by gains in energy shares after Japan’s biggest earthquake on record hurt the country’s oil refining capacity, but trade was choppy as investors tried to weigh the quake’s economic impact. The 8.9 magnitude quake that struck the northeast coast of Japan, the world’s third largest economy, triggered...
Voyager Petroleum Inc. an emerging leader in eco–friendly processing, oil distribution and specialty recycling programs targeting the automotive service center industry, today announced an agreement creating a controlling-interest in a Joint Venture Operation with an international trading firm for the purpose of exporting Used Motor Oil and other...
Offshore Hydrocarbon Mapping plc (AIM: OHM) announced today the appointment of Dr. Michael Frenkel as V.P. of Research and Development, based in Houston, Texas. Previously Dr. Frenkel was V.P. of Geosciences at EMGS Americas. During the last three years, Dr. Frenkel has been managing a spectrum of large-scale marine CSEM exploration projects and also...
Harvest Operations Corp. announced today that its Board of Directors has approved a budget for 2011 that includes an $1.4 billion capital expenditure program intended to boost upstream production and improve downstream operational efficiencies. John Zahary, Harvest’s President and Chief Executive Officer, said, “In 2011, our plan is to continue...
Companies West Group Inc. continues to exploit diverse natural energy resources to fund the company’s long term goal of providing alternative energy solutions. The company has recently engaged in the coal mining sector and will now employ the profits acquired from crude oil production. Companies West has and will continue to use the most current...