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China's oil reserves 'lower than sufficient' - National
--> BEIJING // China must increase its oil reserves in the face of heavy predicted growth in demand as economic expansion continues, says a senior official.

Chen Geng, a member of the National People?s Congress, said the country would have to significantly increase imports and safeguard supplies, with annual demand expected to jump from 400 million tonnes last year to 550 million tonnes in 2020, while domestic supplies stagnate.

Speaking to the online magazine China Energy News, Mr Chen, a former general manager of China National Petroleum, the country?s largest oil and gas producer and supplier, said China could not rely on increases in domestic output because the country?s oil production would remain flat at 200 million tonnes for the next decade.

The country should increase stockpiles of strategic crude oil reserves and import oil from a wider range of sources, Mr Chen added.

Full Story: China's oil reserves 'lower than sufficient' - National


DNR called for diesel leak after semis collide near Plymouth - Sheboygan Press
Two people were hospitalized Tuesday morning after a Jeep Cherokee was sandwiched between two semitrailers in a crash just south of Plymouth, according to the Sheboygan County Sheriff?s Department.

The crash, reported about 8 a.m. at county Highway PP and Prairie Road, ruptured the diesel tanks on both semis, spilling fuel into the ditch and over a live electrical transformer box on which one semi came to rest, said Sgt. Blaine Spicer. The roadway remained closed for cleanup as of 10 a.m.

Spicer said the driver of the SUV, Timothy Christensen, 45, of Plymouth, suffered serious but non-life-threatening injuries. He was taken to an area hospital, as was the driver of the rear semi, Steven Guelig, 51, of Cascade, who suffered minor leg injuries and a bruise to the head.

The driver of the front semi, Justin Simon, 27, of Fond du Lac, complained of back and neck pain but was not taken to a hospital. A dog that was riding with Christensen ran away after the crash and had not been located as of Tuesday afternoon.

Full Story: DNR called for diesel leak after semis collide near Plymouth - Sheboygan Press


Generators Installed at Yahoo NY Site - Data Center Knowledge
March 8th, 2010 : Rich Miller There’s just something about generators. They’re the huge engines providing the last line of defense for the data center and the thousands of web sites inside. They’re big, loud and powerful, and attract lots of attention during tours and installations.

is building a $150 million data center on a 30-acre property in Lockport, which is expected to  create 125 local jobs paying $65,000 to $75,000 a year once its two-phase construction plan is completed. The first phase of construction is scheduled to be completed in late spring or early summer.

Full Story: Generators Installed at Yahoo NY Site - Data Center Knowledge


Europe Products-Strong, ICE contango narrows - Reuters India
LONDON, March 1 (Reuters) - The European oil product marketwas strong on Monday as the switch to summer specificationgasoline gave prices a boost in early trade, while the contangoon gas oil futures narrowed to just $3 a tonne.

GASOLINE AND NAPHTHA <EURO/DIFF/MOGAS> * Barges of benchmark Eurobob gasoline traded at $720-$730 atonne fob ARA. On Friday, Eurobob traded around $719 at theclose.

* Prices rose as a result of the switch from winter tosummer grade fuels, brokers said, with U.S. RBOB gasolinefutures jumping 10 cents a gallon to above $2.21 a gallon.

* The jump in the benchmark future in Europe's key exportmarket dragged prices higher, with arbitrage economics improvingfor traders looking to ship cargoes west.

Full Story: Europe Products-Strong, ICE contango narrows - Reuters India


Officials knew, but did nothing - Bangalore Mirror
The department of electrical inspectorate says it had foreseen the problem and even sent a notice to the owners.

“Nine months ago we had issued a notice to Carlton Towers after a field examination. The diesel tanks stored on the terrace are a direct violation of the Indian Electricity Rules of 1956. Yet the owners had done nothing to correct it,” said a source within the department.

"Before the installation of generator sets of more than 10 kw capacity, owners need a written permission from us. We have given them partial permission for some sets but not for storing diesel. The rule says building owners need to reserve a separate space for generators," said the engineer.

What has baffled officials is how the generator sets were shifted to the terrace. "It is very dangerous to shift fuel and equipment up, and in those quantities. They have either pumped the fuel up or transported it in the lift. As for the generators, only a crane could have lifted it to the terrace," said the official. However, Chief Electrical Engineer D H Basavaraj refused to comment.

Full Story: Officials knew, but did nothing - Bangalore Mirror


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