OPEC seeks to boost China fuel market share

OPEC countries, which produce 40 per cent of the world’s oil, are stepping up efforts to secure their market share in China, as the group competes with Russia to supply the world’s fastest-growing energy market. Sheikh Ahmad Fahd al-Sabah, president of the Organization of Petroleum Exporting Countries, will lead the group’s first talks with China […]

Bolivia to nationalise oil and gas

The winner of Bolivia’s presidential elections has repeated his vow to nationalise oil and gas and said he will void at least some contracts held by foreign companies “looting” the poor Andean nation’s natural resources… Bolivia’s proven and potential reserves total 48.7 trillion cubic feet of natural gas, second only to Venezuela in South America, […]

Pakistan comes out fighting

With a number of regional oil and gas pipeline projects involving Pakistan in the offing, Islamabad is determined to take advantage of them, both in terms of potential transit revenue and in meeting the country’s growing energy needs. The problem, though, is that the projects involve highly restive Balochistan province, where tribals have for years […]

Blair faces organised rebellion on nuclear issue

A group of Labour MPs are organising to prevent Tony Blair pressing ahead with a new generation of nuclear power stations, claiming that ministers will have to subsidise the nuclear industry massively to make it viable. It is the first sign of parliamentary opposition to nuclear power since the prime minister announced an energy review […]

Debating energy scenarios for India

Scenarios are a planning tool for navigating through the complex of socio-economic, political and technological forces that influence the business and policy environment. They are not forecasts, but descriptions of alternate worlds. Their utility lies in providing different contexts for discussion and judgement. They facilitate longer-term perspectives and are particularly useful for businesses like energy […]

Energy report: no need for sixth nuclear plant

Mikko Kara, the writer of a report on the electricity market in Finland and the Nordic region, feels that speculation of a sixth commercial nuclear reactor for Finland is unnecessary. In his study, presented to Minister for Trade and Industry Mauri Pekkarinen (Centre) on Wednesday, Kara says that he does not believe that industry will […]

Study ‘exposes flaws’ in anti-nuclear energy debate

A new study by a group of Melbourne scientists endorses the use of nuclear energy and attacks some of the data used by anti-nuclear campaigners. The scientists from the University of Melbourne say their research shows that the benefits of nuclear energy have been underestimated and concerns about nuclear waste overplayed. ABC Australia

New oil well found in South China Sea

China National Offshore Oil Corp (CNOOC) Limited announced December 21 that its partner Eni, an Italian company, discovered a new oil well in the eastern South China Sea.

The newly found Huizhou 25-4 well is located in the Pearl River Mouth Basin, about 180 km southeast of Hong Kong. The well is in about 102 meters of water. Drill test shows that the well can produce some 5000 barrels of high quality oil per day.

China People’s Daily

China lays down gauntlet in energy war

On December 15, the state-owned China National Petroleum Corp (CNPC) inaugurated an oil pipeline running from Kazakhstan to northwest China. The pipeline will undercut the geopolitical significance of the Washington-backed Baku-Tbilisi-Ceyhan (BTC)oil pipeline which opened this past summer amid big fanfare and support from Washington. The geopolitical chess game for the control of the energy […]

No Way Found to Cut Need for Foreign Oil

While the ANWR debate raged, government analysts predicted that higher oil prices in coming years could have a more significant impact on reducing reliance on foreign oil than opening the refuge. The United States this year has imported about 59 percent of the more than 20 million barrels of oil a day it has consumed, […]

Venezuela set to take over oil field January 1

Venezuela’s energy minister said the government was preparing to take over an oil operation of US-based ExxonMobil and Spain’s Repsol on January 1 if the US firm refuses to accept new terms for foreign oil companies. “Of course we will take control of it,” Energy Minister Rafael Ramirez, who also serves as president of state-owned […]

India, China pin down $573m Syria deal

India and China, the most aggressive shoppers for oil and gas assets in the world, and normally archrivals in the race for overseas oilfields, have finally come together to pursue their energy security in the global arena…But this cooperation could be bad news for Western oil companies. Analysts said that if the two countries teamed […]

Notre Dame’s New Center to Research Renewable Energy

The Notre Dame Energy Center, designed to unite researchers working on new energy technologies to meet the compelling global challenge, was established by the University to play a key role in energy education, literacy, policy, and exploration of the ethical implications associated with energy, according to Joan F. Brennecke, director, Keating-Crawford Professor of Chemical and […]

Natural gas bills are set to go up in 2006

Enbridge Gas Distribution has received approval from the Ontario Energy Board to raise prices for natural gas, meaning consumers in the province will see on average a $257 increase in their bills for the commodity in 2006. The company said effective Jan. 1, it is raising its gas supply and delivery charges and will institute […]

Russia Turns up the Gas Pressure

As arguments over Ukraine’s pipelines to the West heat up, Europe’s energy supplies are at stake, writes Oliver Morgan. Russia and Ukraine are wrangling bitterly over how gas is exported from Russia through its southern neighbour via a network of pipelines to destinations beyond the former Soviet Union. Far from being a remote dispute in […]

Democrats kill Alaska oil drilling in defense bill

Senate Democrats succeeded on Wednesday in killing a Republican plan to allow oil drilling in the Arctic National Wildlife Refuge that was part of a massive $453 billion wartime military spending bill that later passed. The vast ANWR refuge is the size of South Carolina and may hold 10 billion barrels of oil. It has […]

Shell Adds Major Liquefied Natural Gas Supply and Regasification Projects to Its

Royal Dutch Shell plc (Shell) today announced two major additions to its global Liquefied Natural Gas (LNG) portfolio.  In Qatar, the company has joined forces with Qatar Petroleum (QP) in the development of the large scale Qatargas 4 LNG project, while in the United States Shell has agreed to acquire additional capacity at the Elba […]

Vermont

US Representative Bernie Sanders (I-VT) called a press conference to highlight the progress being made in a $2-million research project for Vermont, $1 million of that funded by the DOE, to build a renewable hydrogen fueling station (earlier post) and to convert a Prius to a hydrogen-burning hybrid for testing up to 350 bar onboard […]

End subsidies to oil and gas companies, Greens say

Green party Leader Jim Harris took his environmental message to the heart of the Canadian oilpatch Wednesday, saying he would eliminate tax breaks to fossil-fuel sectors unless they become more energy efficient. Harris said in Calgary that companies should be stripped of federal subsidies and tax incentives until they meet some markers in energy efficiency […]

EPA invents battery-less hybrid system

The Environmental Protection Agency says it can help drivers save fuel. It has said that for a long time, of course, but this time it’s not talking about providing fuel mileage data for car shoppers. It’s talking about a new invention created in its own Ann Arbor, Mich. research laboratories. The UPS truck could get […]

Congress may yank wind from energy lab’s sails

Scientists at the National Renewable Energy Laboratory in Golden created breakthroughs that led to solar panels so thin and flexible they can be rolled onto rooftops. NREL engineers made refrigerators more efficient, wind turbines more powerful and agricultural waste more useful, but today, many of them are facing layoffs, and renewable energy advocates are furious. […]

United States Congress continues support for coal-to-liquid fuels

An important coal-related amendment was included in legislation during the final days of the 109th Congress’ first session, which ends imminently. Senator Robert Byrd of West Virginia offered an amendment to the Defense Authorization Bill which requires that a study be done on the benefits of converting coal to liquid fuels by the Department of […]

OPEC Tries to Compete with Russia Over China’s Oil Needs

Oil prices have tripled since 2001 as the Chinese economy has expanded at more than 9 percent a year, straining global supply. Russia, China’s largest non-OPEC supplier, is studying a proposal to build a pipeline to feed Siberian oil to China and plans to raise rail shipments 50 percent next year. OPEC, whose members produce […]

BBC Newsnight

BBC Newsnight titled “The End of the Oil Age” with James Howard Kunstler and other guests BBC click “Latest programme available for 24 hours after broadcast”

Interview with Ed Schreyer on Canada and Peak Oil

Esteemed political figure, Edward Schreyer, comes out of retirement with the hopes of addressing Peak Oil in Canada’s Parliament.Why is it that a man like Schreyer must come out of retirement in order for Peak Oil to be brought to Parliament. Furthermore, why has Canada’s media not made mention of his intentions. These are important […]

Nexen-Led Team Reports Large Oil Find in Gulf of Mexico

A consortium of oil companies Tuesday reported one of the larger discoveries in the deepwater Gulf of Mexico, but it’s too soon to know whether it will be among the biggest ever found in the region. The discovery, known as “Knotty Head”, is a bright spot for the hurricane-beleaguered Gulf of Mexico, raising hopes for […]

US Senate Blocks GOP Plan For Drilling In ANWR

The U.S. Senate Wednesday narrowly blocked a Republican plan to tap into the nation’s largest untapped reservoir of oil beneath the frozen tundra of an Alaska wildlife refuge. Drilling supporters fell four votes short of getting the required 60 votes to avoid a Democrat-led filibuster, a procedural move to delay or derail legislation. The vote […]

Digging for Black Gold

While Americans have been transfixed by the spectacular rise in oil and natural gas prices and the fat profits of the oil giants, coal has quietly risen to prices not seen for nearly three decades… Tight supplies at these utilities are among the causes of the rise in coal prices. The price of coal bought […]

Venezuela official sees OPEC output cut

Venezuela’s oil minister said Wednesday that he expects the Organization of Petroleum Exporting Countries will agree to cut production at their upcoming January meeting. “Probably at the beginning of the year we will agree on a reduction in petroleum production,” Oil Minister Rafael Ramirez told reporters in Caracas. “We are not going to permit our […]

Toxic spill in second China river

A toxic spill in southern China is threatening water supplies to millions of people, state media have said. It was caused by excessive discharge of cadmium from a state-owned smelter in the city of Shaoguan into the Bei River in Guangdong province, they said. In the city of 500,000 people, water was shut off for […]

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