China Energy Watch: Foreign Upstream Investors Wanted

China is changing direction in a key aspect of its energy policy, and is now trying to woo foreign investors back into its upstream onshore sector, particularly in the natural gas sector. This coincides with the failure of one recent effort by China to bridge its widening energy gap – its attempt to buy existing […]

Brief Iraq N Oil Flow Ups Storage to 2.4M Bbl – Source

A brief resumption of pumping through Iraq’s northern oil pipeline over the weekend has brought stores at the Ceyhan export terminal to 2.4 million barrels, a port agent said Wednesday. The agent said the Iraqi authorities Saturday and Sunday had pumped around 800,000 bbl of crude through the pipeline that links the Kirkuk oil fields […]

Stop gassing on climate change and take action

Climate change, everyone’s talking about it. Parliament was determined to ensure it was the top priority at the recent G8 summit and, due to compelling scientific evidence, climate change has risen fast up the political agenda. There’s a common misconception that climate change is simply an environmental issue, but it is a social issue and […]

Mali’s nomads face famine

After two weeks reporting the crisis both in Niger and then Mali, it was here in Timbuktu, in the far north of the affected region, that I first heard the word famine. The causes of the crisis in Mali are similar to those in Niger: climate change has made life much more vulnerable; there was […]

Field tested: Grasslands won’t help buffer climate change

Because grasslands and forests operate in complex feedback loops with both the atmosphere and soil, understanding how ecosystems respond to global changes in climate and element cycling is critical to predicting the range of global environmental changes–and attendant ecosystem responses–likely to occur. In a new study in the premier open access journal PLoS Biology Jeffrey […]

Huge highway bill to become law

President Bush is signing a whopping $286.4 billion, six-year transportation bill that lawmakers stuffed with plenty of cash for some 6,000 pet projects in their districts. ..Keith Ashdown, vice president of policy for Taxpayers for Common Sense, called the measure a “bloated, expensive bill” that the Bush should veto.CNN

Bank of England warns of slowdown

Economic growth will remain subdued in the short term, the Bank of England said in its quarterly inflation report. It predicted that although inflation would move above 2%, it would eventually dip as oil prices fell in the future.

I don’t drive; why should I care about oil prices?

With crude oil prices at a 22-year high, motorists are paying out up to …”We now live in a high oil price society,” says Mr Holloway. “As long as there is demand for it, with buyers prepared to pay anything to ensure its supply, I fear the direction for prices is north, not south.” BBC

Energy Law Speeds Up Nuclear Proliferation, Stifles Competition from Renewable E

Dangers from nuclear proliferation extend far beyond missiles and warheads. Cheap dirty bombs can be made with little more than a private aircraft or a helium filled balloon and radioactive wastes from nuclear power plants. The Energy Policy Act signed into law this week commits $13 billion to expand construction of new nuclear power plants […]

Brazil Invites Independent Oil Companies to Upcoming Bid Round

Brazil wants to attract independent and small oil and gas producers to its upcoming licensing round to lessen its reliance on offshore fields, National Petroleum Agency Director John Forman said Tuesday. “We’d like to attract smaller-size companies,” Forman told a group of Houston oil executives at a meeting organized by the Brazil-Texas Chamber of Commerce. […]

Quest for an alternative car fuel continues

With the date for the first economically viable hydrogen-powered fuel cell having been at least five years away for the last decade and no breakthrough in battery technology on the horizon in spite of the fortunes spent, the arrival of an affordable and practical alternative fuel looks as far away as ever. It’s not that […]

Palm oil to be used to power car engines, generators

Malaysia will soon see the blending of palm oil and diesel to power car engines (biodiesel) and electricity generators (biofuel) under its biofuel policy which will be unveiled tonight. Deputy Prime Minister Datuk Seri Najib Razak said under the policy, the composition of palm oil in the blend will be up to 5 per cent, […]

German power groups cash in on alternative energy

Rocketing oil prices and the push towards reductions in carbon dioxide emissions have triggered a wave of investment in renewable energy in Germany, helping to underpin a boom in alternative power in Europe’s biggest economy. Until recently, the alternative energy business was largely dominated by small and medium sized companies. ..With vast wind parks now […]

Fuelling the Future DVD Released and Audio Files available

‘Fuelling the Future – the challenge and opportunity of Peak Oil’ was a two day conference held in Kinsale over the weekend of June 18th-19th 2005. The conference addressed not only the issue of peak oil but also a range of solutions to it, from natural building and local food production to renewable energy and […]

China heads for power glut by late 2006

China’s frantic construction of power stations could lead to overcapacity in some areas late next year, easing regular power cuts suffered by businesses, according to a senior government official. Zhang Guobao, a vice-minister at the national development and reform commission, China’s leading economic planning body, said the power shortages experienced by foreign and local businesses […]

Congress’s Rapid Energy Depletion Bill

While the pundits analyze the fossil fuel subsidies and nuclear industry giveaways in the energy bill only just signed by President Bush, they miss the overall. From the standpoint of ecology, the primary strategy behind the bill is a simple one: Increase the rate of drawdown in order to shore up a world economic and […]

The Oil Drum: More on Saudi fields and rigs

….Let’s begin with the exploration and investment in Saudi Arabia, since this is where the largest increase in oil supply is expected. Yesterday’s quote from Aramco VP Khalid al-Falih has an interesting sub-message. He said that the Saudi’s are now increasing the number of drilling rigs to 90, from a recent working set of 28 […]

Voice Your Support for Green Buildings Bill

Please take a minute to help the NRDC (Natural Resource Defense Council) push for green buildings in NYC. Here is the background: Poor indoor air quality, inadequate ventilation and toxic chemicals from paint, carpet and other materials make too many buildings unhealthy places to live, work and go to school. In addition, commercial and residential […]

State kicks off energy conservation campaign

The state of Connecticut kicked off a public education campaign Tuesday by calling on residents and businesses to cut their energy consumption. The campaign comes during a summer of hot, humid weather and record-breaking energy use. Taking such steps can save consumers between 10 and 30 percent on their energy bills. Newsday

Interview With Matthew Simmons

I’m almost finished with Matthew Simmons’ Twilight in the Desert. Then I see this interview with him by Jim Puplava on Financial Sense that basically provides a nice background to the issues he raises in the book. Simmons makes some of the strongest statements about the timing of the coming crunch in supply: In 1990 […]

Belgium: Record oil prices send gas, electricity bills soaring

Families in Belgium have been warned to expect sharp rises in gas and electricity bills in the coming period. The increased cost of electricity and gas might amount to EUR 25 per month and is blamed on the high price of oil, which has doubled in price in the past 18 months. Oil prices reached […]

Schroeder rejects use of force in Iran dispute

German Chancellor Gerhard Schroeder on Tuesday implicitly ruled out any use of force over Iran’s nuclear programme and called on Tehran to reconsider its decision to resume uranium processing. Germany would coordinate action on Iran with the U.S., said Schroeder, who called on Iran to “urgently” reconsider its position. Expatica

Too Much or Not Enough?

President Bashar Assad’s job of holding Syria together is an almost impossible balancing act. Although his reforms are too limited for the younger generation, who are calling for both political and economic freedom, as far as the old established families are concerned, he has already gone too far. …So how long should it take to […]

Airline fuel levy to soar

Air travellers face another increase in the fuel levy imposed by airlines as global oil prices continue to rise. As crude oil soared towards $US64 a barrel yesterday, Qantas confirmed it was considering a fifth fuel surcharge on travellers to cover the $600 million shortfall caused by rising fuel prices. The Australian

Solar Power is Hot — Too Hot

You can look but you can’t buy. That was the word Friday from the solar energy corner of the Southwest Sustainability Expo at NAU. A worldwide shortage of solar panels has put most local projects on hold. … “Did you know a Phoenix elephant’s waste is worth 400 watts of electricity?” Crow asked. “A cow […]

If ENN Readers Could Have Written the Energy Bill…

Last week ENN publisher Jerry Kay challenged readers to come up with their own vision for the nation’s energy bill. Jerry wrote, “If you could have written our national energy legislation what would you have included?” Here are the most recent responses.ENN

Will nation bring back nuclear power?

The country has 103 operational nuclear reactors. The 1979 partial meltdown of Three Mile Island and the 1986 explosion at Chernobyl, Ukraine, effectively halted interest in new nuclear plants.But interest among U.S. utilities has recently heated up, though there are no hard plans for a new reactor.

State looks for clean coal deal

The Schweitzer administration on Monday began courting partners to help build a plant to convert the state’s vast coal reserves into liquid fuel and diesel as a clean energy source. Tax breaks and loan guarantees for clean coal and other technologies are included in the energy bill signed into law Monday by President Bush. One […]

China to Double Natural Gas Demand in Five Years

China’s natural gas demand, which currently accounts for just 3% of the national total demand for energy, is expected by the National Development and Reform Commission (NDRC) to rise to 6% to 8% during the next five years, according to information released this week. “Annual natural gas consumption will hit 100 billion cubic metres by […]

What happens when oil does peak?

Peak oil is often referred to as “Hubberts Peak”, a geophysicist who observed that oil well production followed a bell curve. According to the mainstream, convention view, peak oil is set to occur around 2006-2008. When peak oil occurs, production will decline approximately 3% per year at a time where global demand is increasing at […]

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