India develops roadmap for its hydrogen energy economy

The Indian Minister for Non-Conventional Energy Sources, Mr Vilas Muttemwar, has called upon all stakeholders to join hands with the Government in the implementation of the National Hydrogen Energy roadmap. Soon after receiving the roadmap document prepared by the steering group on hydrogen energy under the chairmanship of Mr Ratan Tata, the Minister said that […]

Siemens to Build Geothermal Power Station in Germany

Germany isn’t the first place that comes to mind when considering new geothermal power development, but that’s exactly what’s planned through a new arrangement between industrial giant Siemens and a community near Munich, Germany. renewableenergyaccess

Oil Expert To Address Theory That Peak Oil Has Arrived

Deffeyes joined the Princeton faculty in 1967 and continued to be involved in the oil industry as a consultant and expert witness. After his retirement in 1998, he published two books on the subject, Hubbert’s Peak and Beyond Oil.

His prediction that the global oil peak will occur at Thanksgiving comes with stern warnings that severe consequences are to be expected for transportation and agriculture. In fact, he advises that the possibility of a “soft landing” may have already passed.

Physorg.com

Venezuela as the success of defiance

(An extremely interesting analysis of how Chavez was instrumental in pushing up the oil price in 1999-2000, and his domestic and international political success in effectively utilizing his bolstered petro-revenues) Immediately after taking office as President of Venezuela in 1999, Hugo Chavez began work to shore up international oil prices. At that time, weak production […]

Putin’s Oil and Gas Diplomacy

Slowly but surely Russia is building its multipolar world based on oil and gas. No longer a Cold War mainstay, the country cannot count on its economy, army or diplomacy to bring it to the superpower status, or at least shift the balance of powers somewhat. But in the situation when world oil prices show […]

Korean oil refiners plan upgrades

..Upgrades will raise the capacity of South Korean refineries to process heavy oils into cleaner fuels by 56 percent to 335,000 barrels a day in 2008, Chyun Sang Ho, an executive vice president of GS Caltex, told the Korean Oil and Gas conference Monday. ..Sour crude sells for lower prices than low-sulfur, or sweet crude, […]

The need for a more powerful/energy efficient internet

The design of a new internet would mandate using the highest cost performance IT architecture available, which means industry standard hardware, open-source software components, and a fair amount of Big Iron–large computer systems to handle large computational problems more efficiently than clustered smaller systems. And the design of a new internet would require special attention […]

Energy and Emissions: The Challenge of Climate Change

According to the ‘Business as Usual’ Scenario in the World Energy Outlook 2004, world energy consumption will increase about 1.9per cent per year between 2000 and 2030, driven by economic and population growth. In 2030, some 55per cent of the world energy demand is expected from developing countries, compared to 40per cent now. The world […]

Fidel Castro Leads Cuba to Energy Conservation

At a time when world oil and gas reserves are threatened by outrageous waste President Fidel Castro announced that Cuba is implementing measures to put the island at the forefront of energy conservation. President Castro participated on Wednesday’s edition of The Round Table, a nationwide prime time TV and radio program. He addressed questions on […]

India woos Central Asia to secure energy supplies

India plans to build bridges with Central Asian oil producers to secure energy supplies, but analysts said Asia’s third-largest oil consumer would take years to match rival China’s success in oil diplomacy. India’s oil minister, Mani Shankar Aiyar, has invited top government officials from Russia, Uzbekistan, Kazakhstan, Turkey and Azerbaijan for a day-long meeting on […]

Blair under attack over gas prices

Tony Blair was forced to defend the government’s energy policy on Wednesday after the opposition leader Michael Howard accused his government of failing to act on repeated warnings about the cold winter ahead. In harsh exchanges during prime minister’s question time, Mr Howard accused the Blair government of being “on the skids“ and unable to […]

The Oil Drum: JODI Hall of Shame

While we love the concept, the Joint Oil Data Initiative still has a ways to go to be useful. Here’s a graph of the recent total crude oil production in kbpd (excluding NGL), as estimated by both the Oil and Gas Journal, and the new Joint Oil Data Initiative. In fairness, they warned us…much more […]

Higher energy costs a wildcard for retailers

Falling gas prices will help, but heating bills could crimp spending YouA big wildcard in this year

U.S. Racing the Clock to Find Alternate Fuels

WASHINGTON – Former CIA Director James Woolsey paints a dire scenario: A terrorist attack causes a months-long, 6 million-barrel reduction in Saudi Arabia’s daily petroleum output, sending the price of oil skyrocketing past $100 a barrel. Industry banker and author Matthew Simmons says the kingdom’s oilfields are deteriorating anyway. And a recent New York Times […]

The Oil Drum: There’s A New Kid In Town — Iran Versus Kazakhstan

The world oil peak is obviously a popular topic here and many reports look at depletion & production as a function of world supply and demand as a whole. For countries, Chris Skrebowski speaks of Type III depletion which he defines as the tipping point “when a country produces less oil in a year than […]

Lights will stay on this winter – ministers

The trade and industry secretary, Alan Johnson, today said energy supplies would not fail this winter “under any scenario whatsoever” – even though Tony Blair admitted forecasts of cold weather were causing “difficulties with gas prices”. Rocketing wholesale gas prices and speculation about a possible new generation of nuclear reactors have sent the issue of […]

Senators are blowing smoke on gas

Unless they can repeal the law of supply and demand, they can’t do a thing about prices. I DON’T MIND all the whining about gas prices. That’s what you’re supposed to do at the end of an empire. “These lions aren’t crunching Christian bones loudly enough!” “This orgy is full of fat Spartans!” “My Escalade […]

World’s Growing Thirst for Oil Boosts Global Tensions

Oil is a finite resource coveted not just by the industrial West but by growing economies around the world, most notably China. China used about 8.2 percent of the world’s daily oil production in 2004, but it’s going to need considerably more in years to come to power its economic expansion. And here’s the rub: […]

Behind scenes, unlikely allies spurred oil deal

Delahunt-ChDelahunt, a Quincy Democrat who is emerging as one of his party’s leading voices in Latin American affairs, said he was simply trying to smooth strained US-Venezuelan relations while helping low-income people in his home state. Critics said Delahunt should not be working so closely with Ch

Energy boom alarms Russian Greens

“Do you know what is the brightest place on Earth in satellite images?” asks Aleksey Yablokov, leader of the new Green Russia party. “Not Los Angeles, not Tokyo. It’s western Siberia.” The vast expanses of this sparsely populated region are lit by the flares of associated gas burned at oil wells.“I once flew there by […]

Running out of oil

In other petroleum news, the second in a series of seminars on the petroleum industry was held in Schaible auditorium on Saturday. Rich Seifert, an energy specialist and program chair at the UAF Cooperative Extension Service, presented the seminar, titled “Peak Oil.” According to data presented at the seminar, the world’s reservoir of oil will […]

The Peak Oil Crisis: Solutions a First Cut

After a thorough airing of “whether” and “when”, the Denver peak oil conference moved to the murkier issue of “So, what do we do about it?” The current answer, of course, is to keep drilling. Do whatever it takes Shale can be dismissed quickly as being impractical for the foreseeable future on a large scale […]

Forests paying the price for biofuels

THE drive for “green energy” in the developed world is having the perverse effect of encouraging the destruction of tropical rainforests. From the orang-utan reserves of Borneo to the Brazilian Amazon, virgin forest is being razed to grow palm oil and soybeans to fuel cars and power stations in Europe and North America. And surging […]

Energy Audits In NY

Well winter has finally arrived in the Northeast after a mostly unseasonablly warm October and November and while heating and natural gas prices have come down since Katrina and Rita, the costs of home heating will probably set new records this year. So what can you do aside from just turning the thermostat down? Get […]

APEC Seeks Energy Relief

Energy ministers of Asia-Pacific Economic Cooperation (APEC) member states agreed on Oct. 19 to strengthen mutual efforts to develop new oil fields, invest in new refineries, and seek alternative energy sources. That stepped-up consumption alone requires increased spending in the development of energy, they said, arguing that $5.3-6.7 trillion in new investment will be needed […]

Statoil teams with Chevron in Arctic

Norwegian energy group Statoil has agreed to cooperate with U.S. major Chevron in exploring the Barents Sea, and the two jointly sought new areas in Norway’s 19th licensing round, Statoil said on Friday. The deal would strengthen the two companies’ drive to participate in developing oil and gas resources in the Arctic, Statoil said. CNNMoney

It is time for Asia to co-operate on energy supplies

The countries of north-east Asia now account for more than one-fifth of the worldFT

Four questions for Big Oil

The oil industry’s top executives Wednesday head into dangerous public relations territory when they appear at a joint Senate committee hearing on energy prices and profits. If they project a plentiful, long- term supply, it could help to depress the price of oil in current markets. If they talk about the difficulties of meeting growing […]

Clean Energy for Living

We are living in a civilized society and electrical energy is the basis of it. Electricity generation burns up enormous amounts of fossil fuels, coal and oil. The Korea Hydro & Nuclear Power Co., Ltd. is now operating 19 nuclear power plants commercially and its total generation capacity is 16,716 MW of electricity. It is […]

Iran hiding nuclear materials in several locations

Iran has expanded the tunnels it uses to hide a major part of its nuclear weapons programme to a network covering a large area of southeastern Teheran, an Iranian exile who opposes that nationkhaleejtimes.

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