Energy Roundup Oil Lobby Jumps 30% Nissan’s Electric Car Cleantech …

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Energy Roundup: Oil Lobby 30%, Nissan’s Electric Cleantech VC Funding Spikes, and

Last Updated Aug 3, 2009 PM EDT

Oil-and-gas companies boosts efforts — Even the the beltway lobbying machine not escape the global recession and crunch. Overall, the amount of spent to lobby Congress and the administration fell 1 percent to million in the second quarter. were a couple of exceptions, oil and gas companies including Chevron and . which increased spending 30 to $37.7 million in April, May and of this year. ExxonMobil cut its lobbying expenses by 16 percent to million. [ Source: WSJ ]


Introducing Leaf, Nissan’s all-electric car — Nissan its first all-electric car — the Leaf — on Sunday, a unveiling from Japan’s automaker. Nissan and its partner, . both aggressive proponents of vehicles, plan to begin the cars in the U.S. Japan and in the second half of 2010 and them globally in 2012. [ Reuters ]

Venture capital firms funds into cleantech Venture capital investment in spiked 73 percent to hit $572 in the second quarter compared to the quarter of 2009, according to an by Young . The number of transactions 100 percent from the first although investments still behind the second quarter of [ Source: Cleantech Brief ]

OPEC production rises, compliance slips — Oil among members of Organization Exporting Countries increased for a month despite agreements to cut by 4.2 million barrels a day to 24.845 Saudi Arabia, Kuwait and produced less than targets in July, while oil cartel member countries advantage of rising prices by up output. [ Source: Bloomberg ]

Renewable Ventures raises for U.S. solar projects Renewable Ventures . the San Francisco developer acquired by Fotowatio in has raised about $200 to finance solar projects in the States through its Solar V. A 2-megawatt project in Colorado be the first to use these funds. [ Greentech Media ]

New Suncor to trading this week Suncor Energy . with its of PetroCanada officially complete, is largest energy company, in North America and quickly up to be a must-have stock. Shares of the new began trading on the New York Exchange on Monday and will on the Toronto Stock Exchange on 7. [ Source: Reuters ]

Image of Nissan’s first car from Nissan-Global

© 2009 CBS Inc. All Rights Reserved.

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