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Energy security is key, need to cut dependence on imports over next few years: Suresh Prabhu

2014-05-26 03:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Economic Times: ET Now caught up with former Power Minister Suresh Prabhu for his views on India's energy sector. Excerpts: ET Now: Should you become the next energy minister, what key hurdles do you believe need addressing in each of the three segments--- coal, power and oil and gas? Suresh Prabhu: The amount of coal that we are importing now has already touched about 173 million tonnes and it will touch nearly 200 million tonnes in the next few years' time. It implies a massive foreign exchange outgo...

Tags: years key security energy

 

Putin to cut dependence on West

2014-05-23 16:12:58| BBC News | Business | UK Edition

Russian President Vladimir Putin says he will create a state-backed fund to invest in home production to cut dependence on Western imports.

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Environment Minister pledges to minimize Maldives dependence on fossil fuels

2014-05-08 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Minivan News: Minister of Environment and Energy Thoriq Ibrahim has called for increased investment in clean energy in the Maldives and pledged to minimize the countrys dependence on fossil fuels. The government is working on a low carbon development strategy to improve energy security and strengthen the economy, Thoriq told participants of a one-day workshop at the Nasandhura Palace Hotel this morning. The Environment Ministers announcement comes at a time when President Abdulla Yameen has called for...

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United Kingdom: Fracking won't crack our dependence on Russian gas imports

2014-03-25 12:34:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: As tensions with Russia intensify, government ministers and conservative commentators have increasingly sought to capitalise on the crisis to sell fracking to the electorate. Over the weekend, Conservative energy minister Michael Fallon argued that the UK should reduce its reliance on gas imports by fracking for shale gas in the UK. The foreign minister, William Hague, wrote in the Telegraph that we need to "develop indigenous European energy supplies such as shale gas", while commentators including...

Tags: united kingdom united kingdom gas

 

EZchip Tracks N.Y. Share Drop on Cisco Dependence Concern

2014-02-17 04:53:21| Semiconductors - Topix.net

EZchip Semiconductor Ltd. shares in Tel Aviv narrowed the premium to their New York stock after concern mounted that the chipmaker is becoming too dependent on its biggest client , Cisco Systems Inc. Shares of EZchip, based in Yokneam, Israel , dropped 2.9 percent to 89.86 shekels at the close in Tel Aviv.

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