"BAGHDAD -- Despite sectarian bombings and political gridlock, Iraq’s crude oil production is soaring, providing a singular bright spot for the nation’s future and relief for global oil markets as the West tightens sanctions on Iranian exports."
"As the climate gets warmer, so do the rivers and lakes that power plants draw their cooling water from. And that is going to make it harder to generate electricity in decades to come, researchers report."
"In an article in the journal Nature Climate Change, scientists measured temperatures now and projected what they would be at midcentury. The temperatures vary according to the time of year, and, even if the extremes remain similar, they will be more frequent -- meaning that the water will be too warm to allow full power production, they predict.
"The White House [Thursday] night issued a veto threat to a pending House spending bill to fund the Department of Energy, the Army Corps of Engineers and other agencies, citing cuts to clean energy promotion and other DOE priorities and 'policy riders' that would reopen the Yucca Mountain nuclear waste depository, undo federal building efficiency requirements and block guidance on the Clean Water Act."
"A federal appeals court [Friday] asked the Department of Energy to explain why it should be able to continue to collect fees for its nuclear waste fund despite the fact that there is no operating national repository."
"U.S. crude oil futures fell on Friday for the fourth day in a row, hitting their lowest levels in nearly eight months and extending losses to a fifth week, as weak U.S. jobs data, soft Chinese manufacturing and the deepening euro zone crisis sparked a broad market selloff. "
"Energy companies are nervously following the investigation of Wal-Mart Stores Inc.'s alleged corruption in Mexico. While the link between the energy industry and the retail behemoth isn't obvious, attorneys who advise oil and gas companies say the U.S. government will focus more on petroleum companies as a result of the Wal-Mart investigation."
"Spain's Repsol oil company announced Tuesday it was 'almost certain' to withdraw from exploration in Cuba, after spending an estimated $150 million on a dry well and seeing far more profitable prospects in other countries such as Brazil and Angola."
"TEHRAN, Iran - Computer technicians battling to contain a complex virus last month resorted to the ultimate firewall measures - cutting off Internet links to Iran's Oil Ministry, rigs, and the hub for nearly all the country's crude exports."
"A number of major United States corporations publicly support climate change science but contribute heavily to politicians and research groups that deny or play down the threat of global warming, according to a new study from the Union of Concerned Scientists."
"The study found that ExxonMobil, General Electric, Caterpillar and Boeing are among companies that play both sides of the fence, supporting groups that promote climate change science as well as those that seek to undercut it."
"Illinois Attorney General Lisa Madigan sued current and past owners of Phillips 66's Wood River, Illinois, refinery on Tuesday, alleging the ground water in the nearby town of Roxana, Illinois, was contaminated by the plant."
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