Current: News


US oil company taking St Lucia to arbitration

The United States-based oil company, RSM Production Corporation, has instituted arbitration proceedings against the St Lucia government for breach of contract over exploration rights. A statement from the office of [...]...
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Oil hits lowest level in 2012

The price of oil fell to its lowest for the year Monday on continued doubts about some European countries’ ability to pay off massive government debts. Benchmark West Texas Intermediate [...]...
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Prototype Power Purchase Agreement

Prototype Power Purchase Agreement 2012-03-22 My note: For any large investment in renewable energy to achieve the targets of 20% by 2020 and 30% by 2030, a Power Purchase Agreement (PPA) for renewable [...]...
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Powering A Light Bulb

Published: Monday | April 23, 2012 The following question was asked recently by a concerned citizen. How many litres of oil would be needed to run a 100-watt electric bulb consistently for [...]...
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