Phoenix firm to build huge solar farm

A Phoenix company signed a landmark deal with a major utility in California to develop the world’s largest solar power facility. Stirling Energy Systems Inc. and Southern California Edison have entered into an agreement that would create a 7-square-mile solar farm in Southern California that by 2011 could power nearly 280,000 homes a year. Construction […]

Cooler weather will bring new energy problems

WASHINGTON – After a summer of soaring gasoline costs, people should not expect cooler weather in autumn to end their energy woes. Prices at the gas pump probably will stay high and record heating bills in the winter are almost certain to follow. The Energy Department predicts that heating costs for homes using natural gas […]

Energy and political experts say oil crisis could erupt

Civil unrest in Nigeria helps send oil prices from $60 a barrel to $80, putting the brakes on worldwide economic growth. A month later, possible al-Qaida-linked attacks on oil facilities in Saudi Arabia and Alaska push the price of oil to an economically devastating $120 a barrel. U.S. gasoline prices have nearly doubled seemingly overnight.DailyBreeze

10m bpd target for Russian oil

OIL production from Russia should reach ten million barrels per day (bpd) by 2008, according to the country’s economic ministry, despite a big slowdown in growth over the last year. The country is the world’s second largest oil exporter, and an economic report prepared by the ministry said production would rise to 9.78 million bpd […]

India, China: Comrades in oil

Having gingerly circled around each other like two cautious pugilists for the past decades, India and China may be taking their first step in the creation of an Asian synergy that has much more to do with making real money than the rhetorical bombast of anti-imperialist morality. Last week in Beijing, within days of China […]

Oil demand growth to fall by 1.9pc says Opec

Opec said yesterday it had cut its estimate for growth in global oil demand in 2005 to 1.9 per cent from 2pc but had increased its forecasts for 2006. Revised figures issued by Opec showed that the organisation, which groups 11 oil-exporting nations, now sees the increase in oil demand in 2005 being 40,000 barrels […]

Blackouts strike Indonesian capital Jakarta

Blackouts hit parts of the Indonesian capital Jakarta and its neighbouring province of Banten Thursday after four major power plants on Java island malfunctioned, officials said. Hundreds of passengers using electric trains which connect Jakarta to its outlying districts were stranded, radio reports said. The blackouts hit many districts across Jakarta and Banten in mid-morning […]

Manila eyes drastic steps to cope with oil crisis

The Philippines is considering drastic measures, including fuel rationing and shorter working hours, to cope with the adverse effects of soaring oil prices, officials said yesterday after meeting to map out plans. Finance Secretary Margarito Teves said taxes on imported oil will be cut or removed to cushion the impact on local prices, while Energy […]

Uranium mining — dollars for death

Radioactive dollar signs lit up in the eyes of mining and resource company executives on August 4 when federal resources minister Ian Macfarlane declared the Northern Territory’s uranium deposits “open for business”. Indigenous communities and environmentalists have vowed to fight the government’s plans. Australia is the world’s second largest producer of uranium (after Canada) and […]

China hunts for clean energy

China is gearing up to develop clean energy by using nuclear, wind and solar sources to generate power in order to cut reliance on coal and oil, said a senior official from the National Development and Reform Commission (NDRC). “The government is vigorously making efforts to tap clean energies to optimize the current power generation […]

Indian petroleum minister to be invited to visit Bangladesh this month

The government will extend an invitation to Indian Petroleum Minister Moni Shankar Aiyar to visit Bangladesh this month. Official sources expressed optimism that the proposed visit would provide an opportunity to Adviser, Energy and Mineral Resources Ministry Mahmudur Rahman to discuss tri-nation gas pipeline project and other bilateral matters with Indian minister, a highly placed […]

Hybrid vehicles at crossroads

Some new models don’t use technology for fuel economy Imagine the public outrage if it were discovered that Philip Morris developed a cure for cancer but used it to merely make cigarettes taste better. While that is fictional, something very similar, and very real, may be happening to hybrid vehicles. Right now there are more […]

Oil helps push France into record trade deficit

France saw a record trade deficit in the first six months of 2005 as higher oil prices and rising imports outstripped the country’s export gains. Imports rose by 3.5 per cent on the previous six-month period to €187bn ($230bn, Financial Times

Effort on to Protect Nation’s Power Grid

Researchers armed with $7.5 million from the federal government are setting out to develop a computer network that can improve the reliability of the nation’s vulnerable power grid and make it secure from attack. The project follows the largest blackout in U.S. history, which left millions of people in the Northeast and southern Canada without […]

India-China set to sign energy deal

Indian and Chinese oil firms will sign agreements aimed at bidding jointly for foreign oil and gas projects and reducing cut-throat competition, a top Indian official said yesterday. The energy-hungry Asian giants, which have stretched global supplies and contributed to the record rise in oil prices, are competing for stakes in foreign oil and gas […]

Peace in Aceh could spur economic boom

An agreement to end three decades of fighting in tsunami-ravaged Aceh province could spark an economic boom in the oil-rich region, analysts and government officials said. Oil companies like Exxon Mobil Corp. and Indonesia’s Medco Energi International could benefit handsomely, too. Seattle Post-Intelligencer

Government freezing taxes on petrol and diesel in 2006

The Dutch government has agreed to forgo its annual increase in fuel taxes next year, and possibly in 2007. This is an acknowledgement of the plight of Dutch motorists who have seen the country’s world-beating prices for petrol and diesel spiral to new heights in recent months. Freezing the duty and tax on car fuel […]

Beijing Not Yet Hit by Shortages as Fuel Situation Worsens in China

Beijing has yet to feel the impact of fuel shortages experienced by the rest of the country, with storage facilities near the capital well stocked and capable of meeting demand, a Sinopec official said. ‘Sinopec has plenty of oil stockpiles for all the stations around Beijing,’ a Sinopec official who gave only the name Xu […]

OPEC Warns of Tighter Winter Oil Market

The Organisation of the Petroleum Exporting Countries on Wednesday warned of a tighter oil market this winter as crude production in the leading industrial countries, responsible for a quarter of global production, was expected to experience its largest ever decline. The lower non-Opec production would force the oil cartel to pump more than previously expected […]

Domestic Oil Production Declines

New numbers showing domestic oil production levels are in, and they reflect a decline. The American Petroleum Institute says July production in Alaska and the Lower 48 fell by more than 4 percent from June. That was the fifth largest month-to-month percentage decline in at least 35 years. Oil is still a dominant force in […]

Ecuador to Declare Emergency, Oil Production Falls

Ecuador’s government will declare a state of emergency in two Amazon provinces where protests have cut crude oil production by state-owned Petroecuador to 29,400 barrels per day from the usual 201,000 bpd, officials said on Wednesday. Interior Minister Mauricio Gandara said the state of emergency will be declared by President Alfredo Palacio. Under a state […]

US Senators: Global Warming Obvious in Far North

Fresh from visits to Canada’s Yukon Territory and Alaska’s northernmost city, four U.S. senators said on Wednesday that signs of rising temperatures on Earth are obvious and they called on Congress to act. “If you can go to the Native people and walk away with any doubt about what’s going on, I just think you’re […]

Fuel Prices Drive School Bus Worries

As gasoline prices soar to record levels at the close of summer, school administrators are crunching numbers before classes start, figuring out how to pay for fuel-guzzling buses to transport students. Gas prices across the nation have increased on average by 18 cents in the past week, the biggest one-week jump since the Energy Department […]

The Oil Drum: Oil Prices also Affect Oil Costs

I suspect that few of our readers have to buy a lot of the materials that go into an oil drilling operation. But those that do can tell you that the same rise in prices that is hitting your pocket is also hitting a lot of theirs. (And supply lead times are getting to be […]

Matt Savinar Presentation on the Lifeboat Radio Show (Audio)

Caren Black and Christopher Paddon of The Lifeboat Show air and discuss portions of Matt Savinar’s presentation on peak oil at the June 2005 Lifeboat Conference, and also read segments of Savinar’s book, “The Oil Age Is Over”. The Lifeboat Show on KMUN in Astoria, OR is an initiative of The Titanic Lifeboat Academy. As […]

Oil Companies Still Reckon On $25 Per Barrel

“We ran out of $2 oil in 1973,” said Henry Groppe of Groppe Long and Littel, at 79 the oldest active oil consultant (and one of the most respected) in the business. “Then we ran out of $8 oil, then $15 oil. Now we’re running out of $40 oil.” It’s a different way of looking […]

Creating technological awareness in current energy conservation and management

THE world One such collaboration by the Philippine Council for Industry and Energy Research and Development (PCIERD) and the Japan External Trade Organization was implemented through a Japanese- funded project on energy conservation and management for small and medium enterprises in the food and iron and steel industries. The project is part of the Japanese […]

Oil workers trade in marriages for a job

“Following these rules, laid-off employees just have to have a divorce certificate and they are qualified for re-employment,” former oilfield worker Wang Ying was quoted as saying. “To qualify to get my job back, I had to divorce my husband of 10 years, even though we have a wonderful relationship.” Reuters News

Oil royalties under review (Alberta)

“Changing structures is not something we should do frequently,” he told MLAs who quizzed him about the province’s one-per-cent incentive royalty on new oilsands production until plant construction costs are paid off. … “We have to remember we have to encourage investment,” Melchin said. Care also must be taken to ensure royalties do not cause […]

Car Exhaust Polluting Puget Sound

Mud and sand at the bottom of Puget Sound is increasingly tainted by pollution from vehicle exhaust, not heavy industry, a state Department of Ecology study says. The research, which compiled 12 years of sediment test results, showed that toxic metals associated with industrial pollution declined while chemicals tied to vehicle exhaust increased. ENN

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