Oil import surge helps push trade deficit to record

A surge in oil imports and a flood of Chinese TVs, toys and computers helped to drive the U.S. trade deficit to an all-time high in October. The Commerce Department reported Wednesday that the gap between what the United States sells overseas and what it imports rose by 4.4 percent to $68.9 billion, surpassing the […]

Nano springs eternal; Protozoan ‘engine’ posts nano records

Gram for gram, the power of the spasmoneme engine outperforms human muscles and car engines. It also runs on a different fuel. Molecular motors that power muscle contraction, for example, use ATP molecules for energy. The spasmoneme runs on calcium, but its drive mechanism was poorly understood until France and colleagues got under the nano […]

World Watch Magazine: Covers Peak Oil

WorldWatch Institutes Jan/Feb 2006 will focus entirely on Peak Oil -Peak Oil Forum -Oil: A Bumpy Road Ahead -Global Oil Production About To Peak? A Recurring Myth -Over The Peak -Planning For The Peak In World Oil Production -Peak Oil: A Catastrophist Cult And Complex Realities http://www.worldwatch.org/pubs/mag/2006/191/

No Long-Term Fuel Shortages, Says Minerals And Energy Minister

Motorists should avoid hoarding fuel in the face of recent shortages in certain parts of the country as this would create a dangerous problem, Minister of Minerals and Energy, Lindiwe Hendricks warned yesterday. Current limited supplies were only of a temporally nature, she said. Speaking at a media briefing shortly after her meeting with representatives […]

Korea Gas Borrows $938 Mln as Asian Energy Loans Reach Record

Korea Gas Corp., the world’s biggest buyer of liquefied natural gas, this week sought a $938 million loan for LNG transport ships as Asia energy firms borrow a record amount to meet the region’s rising demand for fuel. ..“LNG projects are getting bigger, the capacity of LNG ships is getting larger and production is increasing, […]

China making push for wind energy

China, already a world leader in the widespread use of solar water heaters, is starting to push hard into harnessing wind energy. As air pollution chokes much of the country and soaring crude oil prices bite into state finances, authorities are sharply raising their targets for the use of renewable energy, particularly from wind farms. […]

China’s thirst for energy complicating global policy

China’s thirst for oil has emboldened Iran and complicated the refugee crisis in Sudan. With its economy growing at a 9 percent annual rate, China is also courting many of America’s oil suppliers, including Canada and Venezuela. Increasingly, the United States and China are throwing elbows as global rivals for energy. The tussle could get […]

Car and Driver quotes Matt Simmons

When crude-oil prices topped $40 a barrelCar and Driver

House Passes CFTC Bill on Natural Gas Futures Oversight

Despite opposition from the White House and Federal Reserve Chairman Alan Greenspan, the House of Representatives passed a bill Wednesday that would increase federal regulators’ powers to supervise and regulate natural gas futures markets. The House bill, passed by voice vote, would strengthen penalties for price manipulation and give the Commodities Futures Trading Commission responsibility […]

Saudi Aramco to Drill 61% More Oil Wells in 2006 vs 2005

Saudi Arabian Oil Co, or Saudi Aramco, (SOI.YY) said it will drill 61% more wells in 2006 compared with 2005, the company said on its Web site. Aramco’s plan anticipates the company’s drilling-rig fleet more than doubling from year-end 2004 through 2006.Schlumberger

OPEC Exports Seen Down 110,000 B/D Dec 3-31

A seasonal fall in oil demand is expected to push crude shipments from the Organization of Petroleum Exporting Countries down by 110,000 barrels-a-day in the four-week period to Dec. 31, a leading tanker tracker said Thursday. OPEC’s seaborne exports are likely to total 24.77 million b/d to Dec. 31 compared with 24.88 million b/d in […]

Fuel costs drive shoppers away

Survey shows pump-weary consumers will make fewer mall trips and spend less; more go online. NEW YORK (CNNMoney.com) – As U.S. retailers gear up for the final lap of the holiday shopping season, rising energy costs could turn into the Grinch that stole Christmas sales, according to results of a new consumer survey. More than […]

Britain eyes oil-storage safety

Major blast causes less damage than initially feared in central England. LONDON Still, no one was killed, and only two serious injuries were reported. The sooty discharge, sucked high into the atmosphere by unusual weather conditions, has yet to impact the environment. And fuel supplies have appeared remarkably untroubled given that the depot is the […]

Aramco pushes ‘mega-projects’

JEDDAH, 15 December 2005 Saudi Aramco

Some look to the heavens, others to Mother Earth to beat high heating bills

OLEAN In Olean, David Padlo of Dugan Road recently had a closed-loop geothermal system installed, and he says he couldn

Climate Change Expert

British geologist Jeremy LeggettHalf Gone (the version this reviewer read) endeavors

Peak Oil Scenario Planning

As we creep ever further into the new millennium, it is becoming increasingly clear (the highly doubtful claims of “cornucopians” notwithstanding) that the age of oil will soon be ending. Oil is a finite resource. Its production will, at some point, peak and begin to decline, and there are numerous indications that we are at […]

In the year 2006: Online TV, secession, survivalism

The trendmeisters have spoken, and the news isn’t great. The Trends Research Institute releases its “Top Trends 2006″ Thursday, the 15th report of its kind from the upstate New York-based social, economic and political trend forecasting think tank. Despite favorable predictions for labor unions and environmental concerns, Americans are headed for a culturally and economically […]

China muscles in to Africa oil scrambl

Chinese companies are charging into Africa’s oil sector, snapping up partnerships in Nigerian and Angolan offshore blocks, building facilities and pipelines in Sudan and prospecting in Mali, Mauritania, Niger and Chad.
“They’re everywhere, they’re really going for it,” said Catriona O’Rourke, Africa analyst for Wood Mackenzie.

This newest scramble for Africa’s oil resources more than a century after the continent’s colonial carve-up puts China in direct competition with the United States, the world’s single biggest energy consumer.

Reuters

S’pore is well-positioned to become a hydrogen producing centre

UK energy giant BP says Singapore is well-positioned to become a hydrogen producing centre – given its push towards natural gas. BP also expects Singapore to be an early adopter of hydrogen as a source of transport fuel. But that is provided hydrogen fuel-cell cars are priced at affordable levels. BP has been actively developing […]

IEA: Stupid, Manipulative or Corrupt?

When Parliaments decide on energy policy, they normally start with proposals from the government. Governments like to swim in the mainstream energybulletin

Report: Global Energy Use To Soar

Global energy consumption will soar 60 percent over the next 25 years, Exxon Mobil Corp. forecast Tuesday in its annual energy outlook. To satisfy growing crude oil thirst, OPEC will have to produce more than 47 million barrels a day by 2030, a 40 percent increase over current levels, Spellings said. “We’re very confident that […]

Air Fuel Rationing After Oil Depot Fire

Airlines using Heathrow are facing fuel rationing as a result of the Buncefield oil fire, it was announced yesterday. The Hertfordshire terminal was linked to Heathrow by a pipeline and, in the immediate aftermath of the blast, the airport said it had enough supplies for 48 hours. Airlines have now been told to reduce their […]

The Congress Meets Peak Oil

Last week the House of Representatives Committee on Energy and Commerce held its first hearing on peak oil. Appropriately, or perhaps ironically, it took place on December 7, Pearl Harbor Day. The hearing was held at the instigation of Maryland Congressman Roscoe Bartlett, who recently introduced a resolution calling on the government to immediately embark […]

Reactors needed for Kyoto goals, expert says

Japan should promote nuclear power and renewable energy sources to replace fossil fuels to fight global warming, a Canadian scientist said Wednesday. Although Japan has tried more sincerely than other developed countries to achieve its greenhouse gas emission cuts under the Kyoto Protocol, its efforts won’t be effective enough to reach the goal, according to […]

Commodity Strategists: Oil May Rise to $70 Next Year

Oil prices in New York may rise as high as $70 a barrel next year, near the record, because of inadequate refining capacity in the U.S., said Idemitsu Kosan Co., Japan’s second-biggest petroleum refiner. bloomberg

Norwegians, Dutch Mix Sea and River to Make Power

“Water will be the coal of the future,” French science-fiction writer Jules Verne predicted in 1874. More than a century later in a world seeking clean alternatives to fossil fuels, Dutch and Norwegian scientists believe they can help turn Verne’s dream into reality. The Dutch Centre for Sustainable Water Technology or Wetsus, and Norway’s independent […]

Shell Hydrogen Outlines Plans For Public H2 Refueling Station In LA

During a recent hydrogen safety workshop hosted by the California Fuel Cell partnership for Southern California firefighters (earlier post), a representative of Shell Hydrogen outlined plans to sell hydrogen fuel at a Shell gas station in West Los Angeles by the end of 2006. greencarcongress

Hidden Thermal Solar Collectors for your House

Dawn Solar Systems Inc. produces renewable energy systems that integrate seamlessly with a buildingTheEnergyBlog

Algae Used to Mitigate Carbon Dioxide Emissions

Greenshift Industrial Design Corporation (GIDC) has acquired technology that uses a blue-green algae that grows in the environment of hot flue gases found in smokestack. The algae uses photosynthesis to combine water and the CO2 in the flue gas to grow additional algae and form oxygen and water vapor. The organisms also absorb nitrogen oxide […]

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