WASHINGTON, Dec. 4 (UPI) — Although technology cannot create more oil, some industry experts argue new technologies can maximize oil usage with the discovery of more oil fields and extract more oil from current and future fields, while others debate the feasibility of technology saving “peak oil.” The United States, the world’s largest oil and […]
…The world will have to grapple with energy efficiency and energy consumption in a real way if we are to achieve goals of poverty alleviation and ecologically sound energy sources. We appreciate the bank policies that create incentives for energy efficient mortgages allowing customers to take advantage of the cost savings associated with efficiency. Yet […]
For the first time in recent aviation history, the financially troubled U.S. airline industry is shrinking domestic flying capacity in the face of strongly growing public demand for its service. If the capacity reduction is the beginning of a long-term trend toward less domestic flying For consumers, diminished capacity could mean higher average fares, fewer […]
Mankind’s only hope of staving off catastrophic climate change is burying CO2 emissions underground, says the UK’s chief scientist. Sir David King told the BBC carbon capture and storage technology was the only way forward as China and India would inevitably burn their cheap coal. This would be disastrous unless they were persuaded to put […]
Greenpeace International Tuesday said climate change had already affected the multi-billion dollar tourism and agriculture industries in the region and if left unchecked, could have devastating impact on the sectors and millions of job. Greenpeace International Climate Campaigner, Jean Francois Fauconnier said that not many governments realised the effects of climate change on these sectors […]
State subsidies will be key to converting Europe’s least efficient sugar factories into biofuel plants as EU sugar reforms roll out, beet growers, industry officials and analysts said on Monday. Sugar production in the EU’s least efficient countries will drop drastically under reforms to the 25-member bloc’s subsidy-laden sugar regime aimed at creating a level […]
‘We believe Anaran Oilfield could be one of the most important oil exploration businesses of recent years,’ executive vice president of Norway’s Hydro Company Tore Torvund announced at Iran’s 10th Oil and Gas Forum bearing the title ‘New Energies and Global Convergence’. He also stated that the drilling operation has focused on another location in […]
The Indonesian government hopes to be able to save some Rp 50 trillion (about US$5 billion) in annual fuel subsidy spending in years to come by developing alternative energy sources such as coal, natural gas and bio-mass fuel. For this, the government has marked out a roadmap for the increased use of alternative energy sources […]
Pioneering automotive company ZAP may well be embroiled in a legal battle with Daimler Chrysler’s smart, but it has not slowed the expansion of its fleet of intriguing and economical cars. Amongst the cars which had their first public showing at the recent San Francisco International Auto Show were the WORLDCAR, Obvio! and XEBRA. The […]
Canada’s oil production from oil sands will nearly triple to about 2.9 million barrels a day in 2015, from just more than 1 million b/d this year, according to a new forecast by FirstEnergy Capital Corp. ..”Given this 5% annual increase, the oil sands could double production every 15 years, even with no serious capital […]
German Chancellor Angela Merkel has struck a conciliatory note on her first visit to Poland, saying good relations with Poland and Russia were equally important for her new government. “We would like this project to be accessible to everyone and we will set up a joint working group to deal with it,” Mrs. Merkel said […]
A major Venezuelan oil pipeline was bombed the night before Venezuela’s elections. The President of Venezuela’s state petrol company PDVSA, Rafael Ramirez, said groups, “trying to create a climate of violence in our country were involved in this.” The bomb destroyed part of the Ul Venezuelanalysis
The European Commission is poised to shift some of the burden of reducing vehicle greenhouse gas emissions from carmakers to oil companies after the car industry warned the required clean engine technology would make vehicles unaffordable. The move will force oil producers to increase the amount of plant-derived biofuel they mix with traditional petrol and […]
Read on, put your cares away, get into the spirit. Imagine listening to some delightful holiday songs, like: “It’s beginning to look a lot like Christmas… “ Just don’t “look” too closely. Because you’ll see not just one but three of those proverbial 800-pound gorillas in your living room. Imagine, three King Kongs sitting right […]
Iran on Monday warned Israel of “heavy consequences” if its nuclear installations were attacked by the Jewish state, after a former Israeli premier suggested Israel should take an aggressive stance toward Iran. Jang
Subhendu Guha won this year’s World Technology Award in Energy for his innovative work on the science and technology of thin films made of silicon-based crystals and on solar cells. The awards, instituted in 2000, are sponsored by many organizations, including the American Association for the Advancement of Science, Time magazine, CNN, Microsoft and Fortune […]
The head of the Russian Federal Energy Agency, Sergei Oganesyan, said on Monday, Dec. 5, that a planned Pacific Coast refinery could have a capacity of 20 million tons (400,000 barrels per day), making it Russiamosnews
Oil and gas will, nevertheless, continue to remain the major sources of energy supply for at least two more decades globally. For, the alternatives are not yet foreseen to be available in adequate quantities at affordable prices in most of the places of large-scale use. It is also true that for obvious reasons, gas will […]
Over the past two years I have made an uncomfortable discovery. Like most environmentalists, I have been as blind to the constraints affecting our energy supply as my opponents have been to climate change. I now realise that I have entertained a belief in magic. In 2003, the biologist Jeffrey Dukes calculated that the fossil […]
US oil giant Exxon Mobil announced the signing of an agreement with Libya to explore offshore energy deposits in an area comprising 2.5 million acres (one million hectares). The agreement covers the Cyrenaica Basin Contract Area 44 lying in water up to 10,000 feet (3,050 metres) in depth, and was awarded in a second round […]
Wind power has far greater potential than previously thought for providing countries in the developing world with access to cheap and clean energy, new data suggests. Already China, environmentally, probably the most important country in the developing world, has enlarged its target for wind energy as a result of the findings. The information is based […]
The pattern has been clear: vibrant solar industries can be created overnight in states that enact legislation supporting solar energy. Colorado could stand to be the next solar-strong state with a proposal underway for rebates of up to $4.50 per installed watt. renewableenergyaccess
The World Renewable Energy Assembly (WREA) 2005 in Bonn/Germany has ended with the adoption of the final communique entitled “The Human Right to Renewable Energy.” More than 450 representatives from politics and parliaments, from science and industry, as well as NGOs and social movements met in Bonn from November 26th to 30th, 2005, following an […]
An exhibition and conference on renewable energy, financed by the European Commission, covered geothermal energy, ocean energy, concentrated solar thermal energy, solar photovoltaics (PV), and biomass. Several recent successful projects in renewable energy research were showcased. renewableenergyaccess
The chancellor of the Exchequer, Gordon Brown, said Monday that the British economy would grow at its slowest pace in 13 years and proposed higher taxes on oil companies to help offset a International Herald Tribune
“There has been a decision on the part of Saudi Arabia to signal to the world that they will no longer be the supplier of last resort,” Goldwyn said. “They now say that consuming nations need to look at alternative energies and conservation and not look at Saudi Arabia to make up for the growth […]
Oilfield suppliers and manufacturers contacted by Oil&Gas Middle East have confirmed fears about massive shortages of rigs and other equipment in the region. Former Saudi Aramco official, Sadad Al Husseini raised the issue last month, saying that a crunch in supplies could delay efforts by Saudi Arabia to raise crude output. Husseini, former vice president […]
Could you survive only on local produce? As the Government urges us to help reduce Britain’s spiralling food miles total, Rich Cookson spends two weeks without salt or sugar, tea or coffee, wine, pasta – or chocolate If there’s an ancient art to preparing rabbit, I’d like to be in on it. I’ll spare you […]
Experts are saying that global oil production will peak soon. Congress needs to ensure that the U.S. has alternatives The time inevitably will come when global oil production peaks, with less and less of the product available to be pumped. That could happen a decade or a century from now, but in either case, the […]
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