Energy

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Imperial Energy admits takeover approach after Sinopec report
(AFP via Yahoo! News - Aug 4, 2008)

British oil and gas explorer Imperial Energy said on Monday that it had received a second takeover approach from an unnamed party, reported to be Chinese energy giant Sinopec.

news.yahoo.com/s/afp/20080804/bs_afp/britainchinaoilcompanyt...

Energy-freedom panel stands empty
(The Washington Times - Aug 4, 2008)

Neither President Bush nor Congress has acted to appoint members to a commission intended to boost U.S. energy independence in the 3 years since Congress enacted a law establishing the panel.

www.washingtontimes.com/news/2008/aug/04/energy-freedom-pane...

Imperial Energy Climbs to 5-Month High on Takeover Approach
(Bloomberg.com - Aug 4, 2008)

Aug. 4 (Bloomberg) -- Imperial Energy Plc , a U.K. oil and natural-gas explorer developing deposits in Russia, rose to a five-month high in London trading after saying it received a further approach in relation to a possible cash offer.

www.bloomberg.com/apps/news?pid=20601102&sid=aD8tq0P1Ei0M

Imperial Energy Receives Further Takeover Approach (Update1)
(Bloomberg.com - Aug 4, 2008)

Aug. 4 (Bloomberg) -- Imperial Energy Plc , a U.K. oil and natural-gas explorer developing deposits in Russia, said it received a further approach in relation to a possible cash offer.

www.bloomberg.com/apps/news?pid=20601102&sid=axGUnurXAZwE

Obama ad to target McCain's energy policies
(CNN.com - Aug 4, 2008)

CHICAGO (AP) -- U.S. Presidential hopeful Barack Obama's campaign will begin running a television ad Monday in the U.S., that attacks Republican John McCain's energy policies.

www.cnn.com/2008/TECH/08/04/eco.obama.oil.ap/index.html?sect...

Lawmakers back energy boost
(Detroit News - Aug 4, 2008)

A bipartisan group of 10 U.S. senators has proposed an $84 billion energy package that would boost oil drilling and allocate $20 billion to help automakers develop the next generation of advanced-technology automobiles.

www.detnews.com/apps/pbcs.dll/article?AID=/20080804/AUTO01/8...

Brown May Stop Short of Ordering Windfall Energy Tax, FT Says
(Bloomberg.com - Aug 4, 2008)

Aug. 4 (Bloomberg) -- U.K. Prime Minister Gordon Brown may stop short of ordering a windfall tax on the energy industry, the Financial Times reported, without saying where it got its information.

www.bloomberg.com/apps/news?pid=20601102&sid=awLkGys64f70

Aug. 4, 1977: All U.S. Energy Placed Under Single Roof
(Wired News - Aug 4, 2008)

1977: President Carter signs the Department of Energy Organization Act, creating the U.S. Department of Energy. Prior to 1973, the United States had no coherent energy policy. Instead, a number of smaller agencies, often working independently of one another, handled different aspects of the nation's energy needs. In the early years of the Atomic Age, for example, the military assumed ...

www.wired.com/science/discoveries/news/2008/08/dayintech_080...

2 Reports Raise Hopes on Energy
(New York Times - Aug 2, 2008)

Two scientific papers show progress in storing energy, a crucial component of plans to turn intermittent sources of energy, like wind and sun, into reliable replacements for coal and natural gas.

www.nytimes.com/2008/08/01/us/01hydrogen.html?em

In Florida, Obama pitches $1,000 energy rebates
(AP via Yahoo! News - Aug 1, 2008)

Democratic presidential candidate Barack Obama on Friday pushed for a windfall profits tax to fund $1,000 emergency rebate checks for consumers besieged by high energy costs, a counter to Republican rival John McCain's call for more offshore drilling in coastal states like Florida.

news.yahoo.com/s/ap/20080801/ap_on_el_pr/obama_56