World is at its hottest since prehistory, say scientists

The world is now hotter than at any stage since prehistoric times, a top climatologist announced last week. His startling conclusion comes as Nasa reported that 2005 has been the hottest year ever recorded. Dr Michael Coughlan, head of the National Climate Centre at the Australian Government’s Bureau of Meteorology, said: “One probably has to […]

Progress in power sector is one step forward a few steps backward: CII

Disappointed with the development in power sector, Confederation of Indian Industries (CII) has termed the situation of the sector as “one step forward and few steps backwards-resulting in zero sum net game with enough being talked and not much being done to demonstrate tangible results on ground. ..India is facing a shortage of fuels such […]

Energy: The End of Cheap Oil

..The facts about oil supply, our primary energy source, have been known for some time. The body of literature on oil supply is very compelling, but seldom makes the bestseller list. What is really surprising is the silence from the mainstream media and our elected officials about this enormous issue that has been bearing down […]

Fuel crisis ‘driving SA to its knees’

The fuel crisis has driven South Africa’s economy to its knees, the Automobile Association said on Friday, as the major transport artery between Cape Town and Johannesburg became jammed at Beaufort West. ..”Vehicles have no fuel and are stranded as far away as Springbok. They are loaded with fruit but cannot move. This means that […]

Coconuts, wind but no answers for soaring oil prices, demand

The strain of soaring oil prices is making Asian nations take a look at everything from wind power to coconuts to meet energy needs, but officials and analysts say there are no easy answers ahead…Indonesian President Susilo Bambang Yudhoyono floated the possibility of sharing capital to build refineries and to forge greater cooperation with oil-producing […]

A good year for OPEC, but troubles may lie ahead

Thanks to strong demand, a global economy that continues to show strength, limited increases in supplies from producers like Russia and Kazakhstan, and repeated interruptions in production from the Gulf of Mexico, members of the Organization of the Petroleum Exporting Countries have gone through 2005 with what has been, to them, a perfect alignment of […]

Swedish government embraces peak oil and looks towards biofuels

The Swedish Prime Minister, G Energy Bulletin

Oil shale may be fool’s gold

Buried underground in western Colorado are a trillion tons of oil shale. For a century, men have tried and tried again to unlock this energy source. But the rocks have proved stubborn, promising much, delivering little. Recently, the U.S. Department of Energy published a new report on oil shale. It claimed that the nation could […]

Huge investments in oil production are needed to meet future demand

Oil-producing nations will have to make huge investments in their production capacity, amounting to at least $421 billion over the next 23 years, to meet the projected increase in the demand for oil, according to a Saudi-Aramco study. By country, the investments required are: $130 billion in Saudi Arabia, $95 billion in the UAE, $80 […]

Alaska’s crude oil output hits new low, raises fiscal concerns

Alaskan North Slope crude oil production, once heralded as a domestic mother lode, has hit a new output low — embodying the precarious balance confronting the United States as it struggles for energy security in an era of volatility in the international oil market. The decline in Alaska is led by a slump in output […]

Indonesia’s 2005 Oil, Gas Well Drillings Fall Below Its Target

Indonesia, Southeast Asia’s biggest oil producer, drilled 62 oil and gas wells this year, below the government target, because of higher costs of oil rigs, a government official said. Indonesia had wanted companies such as PT Pertamina, BP Plc and ConocoPhillips and Total SA to drill as many as 81 wells this year to increase […]

The Future of the Dollar

The smart money is betting, once again, that the days of the almighty dollar are numbered. And just because this prediction was startlingly wrong for 2005 doesn’t mean it’s wrong again for 2006. After a yearlong bull run fed by rising U.S. interest rates, political disarray in the euro zone and sustained dollar buying by […]

Ancient clues to ocean currents

The close link between temperatures in the North Atlantic and the strength of ocean circulation is underlined by a new analysis of sea-floor sediments. If human activity alters circulation speeds, as many scientists suspect may happen, it could have a dramatic impact on temperatures. This is of particular concern in northern Europe, which benefits from […]

India blocks West Africa oil deal

A plan by India’s state-run oil company ONGC to acquire a stake in a Nigerian oil field has been blocked by cabinet. The decision comes after ONGC had won an auction for Akpo, a planned oil and gas field outside Nigeria. An offer of between $1bn (BBC

America is in retreat and so is Gordon Brown

But what has become clear to me is that America is not so much triumphing as in slow economic retreat. What is going on is the old-fashioned industrialisation of a huge chunk of the world’s economy, and principally Asia, which grew by a colossal 7.5 per cent in 2005. A year-end revaluation of China’s GDP […]

DOE Funds Four Coal Gasification and Coproduction Research Projects

The U.S. Department of Energy announced the selection of four new projects under its Coal and Power R&D Program. Project teams will research advanced coal-gasification technologies for the coproduction of power and hydrogen or substitute natural gas (SNG). A recent report published by Argonne National Laboratory concluded that coal will match natural gas as the […]

The Green in Green

Big Oil and its adherents may not care about the environment, but they’ll do just about anything–even invest in alternative energy–to keep the money rolling in. valleyadvocate

Shell cuts North Sea exploration

Oil giant Shell has cut its plans for North Sea exploration, blaming Chancellor Gordon Brown’s tax hikes for the move.

The company had planned to hire three drilling rigs, but has decided to reduce the number to two.

BBC

Ramp creates power as cars pass

A road ramp that uses passing cars to generate power has been developed.<
Dorset inventor Peter Hughes’ Electro-Kinetic Road Ramp creates around 10kW of power each time a car drives over its metal plates.

BBC

21st Century transit w/fuel efficiency

Our transportation solutions have been mired in the 20th Century.  We could realize less oil use by implementing a live-saving traffic laxative, safe gentle-on-your-pocketbook congestion relief. Specifically, we need to imitate the DARPA Grand Challenge in a Transportation Challenge for fuel efficient Conversant Cars.  View the computer simulation movie at http://conversantcars.com/.  The website is still under construction.  […]

India breaks into the nuclear energy club

India has finally gained entry into the exclusive nuclear club, the International Thermonuclear Experimental Reactor or ITER. The process was set into motion in July this year following the nuclear cooperation agreement signed by India and the United States. Under this deal, the US had promised to support India’s membership of the multi-billion dollar nuclear […]

Carbon to cost us sooner or later

The Australian government has traditionally enjoyed good support from many industry sectors – a notable exception being the renewable energy industry – for its climate stance. But there is growing concern that the eight-year argument waged over Kyoto has clouded the debate over the need for Australia to adapt its domestic policies to a carbon-restrained […]

Shanxi to cut coal supply by 100 mln

Shanxi Province, a leading coal producer in north China, will cut its coal supply by more than 100 million tons next year, according to the provincial authority on coal production. ..The province will also tighten control on coal circulation, barring coal mines and their products without new licenses from market. Next year, the coal supply […]

Natural Gas, the Stealth Energy Crisis

Andrew N. Liveris, the chief executive of Dow Chemical, insists that Americans are facing the worst energy crisis in their history. They just don’t know it yet. “American consumers worry about oil and the price of gasoline,” he said. “They should worry that there may not be enough natural gas to heat and cool their […]

Iran, China begin fresh round of energy talks

Senior oil officials from Iran and China will start tomorrow a new round of negotiations on Iran’s LNG – liquefied natural gas – sales to China. They will also resume discussions on the development of Iran’s Yadavaran oil and gas field by the Chinese experts, MNA said. Iran Mania

Smart energy-saving windows to wink at ind.

A plan for mass production of the smart windows for conserving energy is under study at Polymer Engineering Faculty of Amirkabir University, director of the plan Mohseni said, MNA reported. The idea, being part of his doctoral thesis during his study abroad, could offer up to 40% saving in energy once implemented, he stated, adding […]

Booming oil industry brings prosperity, caution

From the new houses and businesses under construction to cars being driven off the dealers’ lot to retailers’ cash registers ringing, Midland’s economy has thrived in 2005. As Amarillo Economist Karr Ingham has stated multiple times this year, that activity is due to the cash flowing from the Permian Basin’s dominant industry, oil and natural […]

Oil and Development

Five years ago, the World Bank lent money and credibility to a risky experiment. Despite the depressing record of oil projects in poor countries — they tend to fuel corruption rather than boost development — the bank provided $190 million to kick-start the oil industry in one of the world’s most impoverished dictatorships, the landlocked […]

Evidence oil is motive for war

When the Bush administration first pushed its agenda to go to war against Iraq, it cited weapons of mass destruction, a possible uranium deal in Africa and links between Saddam Hussein and al-Qaida. When these claims turned out to be either hyped or fraudulent, the White House then tried to wrap the war cause around […]

The New Prize: Energy

CERAWeek 2006, held February 6-10, 2006 at the Westin Galleria Hotel in Houston, TX will examine the global energy future from the unique perspectives of speakers and delegates, including top executives from the international oil, gas, and electric power industries, financial and policy leaders, and CERA’s team of highly respected experts.cera

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