Agreement to convert natural gas into Helium for atomic energy

The Oil and Natural Gas Corporation (ONGC) in association with the Saha Institute of Nuclear Physics of Kolkata has recently embarked on an ambitious project for producing Helium from natural gas to meet the increasing demands of the Indian Space and Atomic Energy Commission. ONGC Chairman and Managing Director Subir Raha said here last night […]

The Green alternative to the energy crisis – Malta

Managing by crisis, whether in a commercial organisation or in government, is empirical evidence of the absence of a strategic planning culture. Minister for IT and Investments Austin Gatt’s out-of-the-blue (pardon the pun) announcement of the energy crisis to MCESD took the country by storm. In all fairness, the skyrocketing price of oil is well […]

Sudan forms panel to share oil wealth with former rebel SPLM

President Omar al-Beshir established a commission Sunday that will draw up the country’s oil policy to provide an equal share of the wealth to the country’s former southern rebels. The commission was set up under a January peace agreement that ended Africa’s longest war. Sudan Tribune

Georgia still in Russian Energy Empire

Recently, the Russian Duma discussed the possibility of raising the prices of the natural gas and electricity that is exported to Georgia, or even of stopping the supply altogether. Against this tense backdrop, the visit of Russian energy giant RAO UES’ chief Anatoly Chubais’ to Georgia can be considered to be a success – by […]

2006 G8 summit to spotlight energy security – Russian diplomat

Issues of global energy security will be foremost on the agenda of the 2006 G8 summit in St. Petersburg, Russian Deputy Foreign Minister Alexander Yakovenko said Monday. “International energy security will be one of the priorities of Russian foreign policy, which implies providing regular supplies of all kinds of fuels to people all over the […]

World must work together to counter climate change: Blair

Developed and developing nations must work together to fight the threat of climate change, Prime Minister Tony Blair said. “There are huge opportunities in environmental technology and huge possibilities in sustainable development, if the right framework for low-carbon energy generation can be stimulated,” Blair wrote in an article for Sunday’s “Observer” newspaper. “But none of […]

B.C. oil, gas industry to grow 20% in 2006

British Columbia’s booming oil and gas industry will grow an estimated 20 per cent in 2006 as activity across Canada reaches record levels, a new industry survey suggests. The Petroleum Services Association of Canada’s drilling forecast for 2006 says the industry will grow six per cent next year, “the result of continued strong commodity prices […]

Analysis: Transition From Oil To Take Time

A five- to 10-year transition period is required before coal and hydrogen can provide a solution to the world’s oil shortage, and until then oil prices will continue to shape international relations, experts say. “Oil transition will last 5-10 years as the velocity of economic and technological shifts speed up,” said Joe McMonigle of The […]

China seeks coal solution in attempt to beat oil crisis

Turning coal into synthetic fuels requires huge investments, but many companies are showing interest, betting that oil prices will stay high and coal prices will not rise. With gasification, instead of being burned, coal is broken down into its basic molecules, which undergo other chemical reactions to form synthetic gas, methanol and other liquid fuels.TheStandard

Congress Proposes `Man on the Moon’ project to address `Peak Oil’

Here’s an October 24th resolution from the US Congress: HRES 507. Expressing the sense of the House of Representatives that the United States, in collaboration with other international allies, should establish an energy project with the magnitude, creativity, and sense of urgency that was incorporated in the `Man on the Moon’ project to address the […]

Oil Production Shortage Likely Sooner Than Expected

Petroleum Review regularly updates its listing of megaprojects, i.e., large projects, generally over 75,000 bpd, of oil production capacity. This can be used to quantify whether enough projects are being developed to meet projected demand. Their latest update identifies 16.65 mbd of new capacity due to onstream by 2010. This is made up of 6.34 […]

Germany to Stay as Committed to Renewable Energy

Germany’s next government aims to maintain the current commitment to renewable energy and will leave existing legislation unchanged until at least 2008, according to a draft plan by the likely next administration. That means Germany will stick to its target of ensuring renewable sources make up at least 20 percent of the country’s overall energy […]

$US70 oil will cost us billions: ABARE

Tens of billions of dollars will be knocked off the Australian economy if oil prices move up towards the $US70 a barrel mark next year, a new study has found. The Australian Bureau of Agricultural and Resource Economics, in a report into the impact of higher oil prices on the Asia-Pacific region, found 0.3 per […]

US economy enjoys faster growth

The US economy strengthened in the third quarter, driven higher by strong government and consumer spending, and despite damage caused by hurricanes. Gross domestic product (GDP) expanded by an annual rate of 3.8% in the three months from July through September, the Commerce Department said. BBC

From hydrocarbon to a hydrogen-based economy (Part II)

The increased oil prices at current rate above US$65 are most hurting to developing countries, which are struggling to build a healthier economy and raise living standards of the people. Take for instance the case of the Philippines. The country imported 126 million barrels of oil in 2004 at US$40 per barrel, accounting for 38 […]

No Excessive Supply of Oil Expected in Next 30-40 Years – OPEC

There will be no excessive supply of oil on the world market in the next 30-40 years, OPEC acting secretary general Adnan Shihab-Eldin said in Paris on Sunday. He called on private oil companies to reduce the pressure, which prompts an increase of oil prices.ITAR-TASS

OPEC Urges Oil Companies To Invest Profits

Oil companies should use profits to increase their refining capacity and help ease pressure on oil prices, an OPEC official said Sunday. “This is a chance for them to invest,” said Adnan Shihab-Eldin, acting secretary-general of the Organization of Petroleum Exporting Countries. Yahoo! News

Dutch cities plan to increase parking prices for dirty SUVs

Owners of “clean” cars might benefit of reduced parking prices in Dutch cities. This has been said by secretary of state of environmental issues, mister Pieter van Geel (Christian Democrats). Cities will be able to differentiate in the price they ask for a residential parking permit, and they can do that on the basis of […]

Three Gorges to generate 100 bn kWh by 2006

The mammoth Three Gorges dam will have generated a total of 100 billion kWh of electrical energy by the end of this year, according to Li Yong’an, general manager of China Yangtze River Three Gorges Project Development Corporation. It currently generates 180 million kWh of electricity every day. This year alone, the project will generate […]

Lake Algae Confirm Global Warming

“ALGAL growth in remote Arctic lakes is confirming what ecologists suspected all along – that entire freshwater ecosystems are altering in response to climate change. Neal Michelutti and his colleagues at the University of Alberta in Edmonton collected 30-centimeter core samples from the bottom of six lakes on Baffin Island in the Canadian Arctic. From […]

Could Big Oil be a scapegoat?

Who’s to blame? As consumers struggle to pay off gasoline credit cards and brace for what could be their highest winter heating bills ever, the easiest target for their frustration is Big Oil.Created by a wave of consolidation after low oil and gas prices in the late 1990s made it hard for independent players to […]

Road congestion figures show fall

Trafficmaster, which monitors traffic flow across the UK, has recorded an average 3% reduction in congestion levels between 2004 and 2005. The biggest drop was on notoriously busy sections of the M1 in the East Midlands, where congestion dropped by 5%. The fall coincides with a 20% increase in the price of fuel from an […]

Blair pushes for ‘eco-friendly’ petrol and cleaner, greener cars

It smells of popcorn, can be made from chip fat, and may just help save the planet. Every motorist in Britain will shortly be filling their tanks with eco-friendly petrol under government plans to tackle climate change. The nation’s cars will switch to using a mix of ordinary diesel or petrol with ‘biofuel’, a cleaner […]

Double or quits on fuel prices

WHEN British AirwaysLondon Times

Shell Rotterdam refinery will go on strike

Strike will hit Shell Rotterdam refinery from Monday 31st of Oct onwards ROTTERDAM – Labor unions FNV, VHP-Shell, De Unie and CNV will shut down all refineries of Royal Dutch Shell in the Netherlands which are mainly located in the Rotterdam Pernis and Moerdijk areas. The energy company will not give in to demands of […]

Vietnam’s crude oil, coal export values up

Vietnam is estimated to earn more than US$6.7 billion from exporting crude oil and coal in the first 10 months of this year, accounting for nearly 25.4 percent of the country’s total export revenues. ..China, Singapore, Japan, England and the US are major importers of Vietnamese oil. Thanh Nien

Malaysian firms keen to tap Mideast oil and gas potential

Malaysian companies are signalling their intent to capture a larger share of oil and gas industry markets in the Middle East, with a strong showing at the 12th edition of Arab Oil and Gas Show (OG S). Three-day event will be held at the Dubai International Exhibition Centre from November 7. “The Malaysian industrial sector […]

WESTERN MAJORS PULL OUT OF SYRIA

Western energy majors have been leaving Syria. Industry sources said that over the last year, Western oil exploration firms have been ending operations in Syria. They said the firms have been disappointed by the failure to find large amounts of crude oil in the Levant state.Middle East Newsline

Get real on climate change – Blair

by Tony Blair This week is a potentially crucial week in the fight against climate change. On Tuesday, the UK hosts the first meeting under the new Gleneagles dialogue between the G8 and China, India, Brazil, Mexico and South Africa. I want to explain why this is important and why I believe the difficulties with […]

Gasman attacks CBI’s winter fuel warnings

British Gas has launched a withering attack on the Confederation of British Industry for ‘irresponsible scaremongering’ over the danger of widespread power cuts during the winter. Mark Clare, the managing director of British Gas, said that CBI director Sir Digby Jones had ‘gone too far’ and overstated the risk of interruptions in energy supplies to […]

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