Brazil Finds World's Third Largest Oil Field (The Auto Channel: Tue, 15 Apr) Writing for AP last night, Alan Clendenning has reported that Brazil has found a new deep-water oil field that might yield as much as 33 billion barrels of oil, an amount that according to one energy analyst, "would nearly triple Brazil's reserves and make the offshore bloc the world's third-largest known oil reserve."
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Seeking an Angel in Dubai and Beyond (Bernama via Yahoo! Malaysia News: Tue, 15 Apr) ATTENTION EDITOR,GENERAL DESK NEW YORK, April 15 /PRNewswire-AsiaNet/ -- Mark Nejmeh, President, MagKinetics Inc. will travel to Dubai to seek an Angel for his development stage renewable energy company with their patent pending technology for "A system and method for creating electricity from moving vehicular traffic." MagKinetics has been patiently and thoroughly seeking a financially ...
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An Explanation for Soaring Commodity Prices (Resource Investor: Mon, 14 Apr) The standard story for high commodity prices is rapid growth by China, India and company. But world growth is slowing, while commodity prices still hit new highs. This column suggests that the key may be low real interest rates.
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