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Britain’s drive to build dozens of wind farms offshore has made “disappointing” progress with few projects coming on stream and costs too high, Energy Minister Malcolm Wicks said on Tuesday. PlanetArk
The government scheme which guarantees a market for renewable energy such as wind power should be scrapped from 2015 and replaced with a “zero carbon obligation” to pave the way for a new generation of nuclear power stations, a report urges today. The manufacturers organisation, the EEF, says ministers must back a replacement nuclear programme […]
Oilsands Quest, as subsidiary of CanWest Petroleum Corporation has begun exploration that will identify quality and quality of bitumen of the companies resources on 846,000 acres of land in Northwest Saskatchewan, one of the largest land positions assembled for exploration in the Athabasca oil sands region. Drilling of the first 25 core-holes is expected to […]
When Henry Groppe shares his opinion about the oil patch, investors would be well advised to pay attention. Groppe has 55 years experience in the business and his list of clients includes not only some of the biggest oil companies in the world, but governments as well. Groppe, Long and Litell are known to be […]
Despite rapidly climbing prices for natural gas and oil, the outlook for a big breakthrough in the widespread use of solar, wind and other alternative sources of power could be reflected in Green Mountain Energy’s decision this month to pull out of the Pennsylvania market. If there is a bright spot on the horizon, however, […]
In an aggressive push by the Bush administration to open more public land to oil and gas production, the Interior Department has quit conducting environmental reviews and seeking comments from local residents every time drilling companies propose new wells. Last year, the bureau approved 6,052 drilling permits from about 7,000 applications submitted — a 60 […]
In the past century of growing energy supplies, the non-zero-sum economics of globalization and free trade has spread to the farthest reaches of the earth. But the next century will be defined by finite and decreasing supplies of oil and gas–a reality that will transform our non-zero-sum world into a zero-sum game: The New Mercantilism.A […]
Four sabotage blasts have halted oil exports from northern Iraq and repairs could take up to a month, while bad weather in the south has stopped loading from the country’s main terminal, industry sources said on Sunday. “The exports to Ceyhan (Turkey) have stopped completely because of four blasts that hit a main gathering centre […]
Crude oil production in Iraq’s southern oilfields is being hurt by high percentage of water contamination due to lack of proper maintenance and investment, Oil Minister Ibrahim Bahr al-Uloum said in remarks published Sunday. “The most dangerous thing facing our oil production in the Basra oilfields is the high percentage of water in produced crude […]
The Government has admitted that companies across Britain might be forced to close this winter because of fuel shortages. “If we have a harsh winter – and all the long range forecasts are saying that we will – there won’t be sufficient capacity for business and it will be back to the three-day week,” said Sir Digby.
…And he sees the bubble deflating soon. Barrack thinks the catalyst will be a trend few others are talking about, a steep rise in the price of building materials and labor. “Construction costs have spiked 20 percent in the past nine months,” he says. The reasons: Shortages of labor and materials like lumber because of […]
Energy prices and energy stocks rose rapidly in the wake of Katrina and Rita. Short-term speculators and the momentum crowd moved into the market, pushing up prices at an accelerating pace. This was the FSO
An online slideshow is now available of the presentation “Peak Oil: Navigating the Debate”. This was presented recently to the Central Area Planners for the City of Vancouver by Bryn Davidson of rao-D cityworks. Peak Oil: Navigating The Debate
The Government has admitted that companies across Britain might be forced to close this winter because of fuel shortages.The Telegraph
China’s long-term energy conservation and renewable energy development blueprint will generate an investment worth hundreds of billions of yuan within the following five years, senior analysts with the National Development and Reform Commission (NDRC) on Friday told an energy forum hosted by China Daily. China, the world’s second-largest energy consumer after the United States, plans […]
With homeland security tantamount to energy security, policy makers in Washington are gradually embracing the notion that hydrogen, termed the “Freedom Fuel” by President Bush in his State of the Union address, is destined to become the ultimate energy alternative. The hydrogen economy promises to eliminate all the problems that the fossil fuel economy creates, […]
Outgoing German environment minister Jurgen Trittin played a key role in the country’s decision to shut down all its nuclear reactors by 2020. BBC
The Senate Energy Committee voted on Wednesday to open AlaskaLeadingtheCharge
The United States has 900,000 MW of untapped offshore wind potential, much of it near transmission-constrained urban areas along the eastern seaboard, according to a report by the US Department of Energy, GE, and the Massachusetts Technology Collaborative. Platts
Offshore oil platforms were destroyed, refineries were flooded and gas stations were sporadically out of fuel. Although hurricanes Katrina and Rita created compounding headaches for energy companies over the summer, the storms ultimately benefited them because, as supplies tightened, prices for gasoline, diesel and jet fuel soared.TheSeattleTimes
State officials agreed Friday to key terms of a contract with one of three oil companies negotiating to build a 2,100-mile natural gas pipeline from Alaska through Canada and into the Midwest. ConocoPhillips, Exxon Mobil and BP applied as a group early last year to negotiate fiscal arrangements to build the $24 billion pipeline. The […]
The UK Government claims it is committed to tackling climate challenge. Indeed, Prime Minister Tony Blair has described it as one of the biggest threats facing the modern world. But, to face up to that threat, he must act to shift our energy supply from polluting forms of fossil fuel to greener and cleaner alternatives. […]
Website launch provides inventors and users with tools of collaboration for shared advancement of clean, free, and renewable energy technology solutions. Believes that open sourcing, which has been such a boon to the software community, can be just as much so, if not more for the energy world. OSEN
Climate change is with us. A decade ago, it was conjecture. Now the future is unfolding before our eyes. This site is an exceptional (and current) collection of scientific reviews and links on the subject of climate change. NewScientist.com
The main light source of the future will almost surely not be a bulb. It might be a table, a wall, or even a fork. An accidental discovery announced this week has taken LED lighting to a new level, suggesting it could soon offer a cheaper, longer-lasting alternative to the traditional light bulb. Yahoo! News
But in 2005 non-OPEC countries only just brought enough new oil onstream to compensate for declining output from mature fields. http://www.financialexpress.com/fe_full_story.php?content_id=106222
International oil prices above US$60 a barrel might not be sustainable and some industry pundits are forecasting long-term oil prices in a range between $30 and $35 barrel, Sasol Chairman Paul Kruger wrote in the group’s 2005 annual report released today. SundayTimesza
The new Honda FCX fuel cell concept car has a 100 kW power system, a 350 mile range, operation at -20 F and a new more compact fuel storage system. It is supplied with a new version of Honda’s home energy system, powered by natural gas, that generates hydrogen, electricity and heat for water heating, […]
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