Alternative energy sources: Food, and fuel, for thought

The bottle of vegetable oil has had a mundane existence up to now. Relegated in the popular imagination to the greasy task of frying chips, it hardly seems the likely source of an environmental revolution set to change the way we drive. “It is clear that the petroleum industry is putting pressure on the Government […]

Saudi Arabia May Tap Rising Demand for Oil in China, India

Saudi Arabia, the world’s biggest oil exporter, may direct increased output toward China and India as the world’s fastest-growing markets compete for supplies. Saudi Arabia’s King Abdullah visits the two most populous nations this week as the global oil rally enters a fifth year. Prices have quadrupled since 2001, partly because of soaring demand from […]

A New Gust Of Wind Projects In U.S.

Out in the dwindling oil fields around McCamey, Texas, where rattlesnakes outnumber people and black-gold gushers once blew their tops, a new energy geyser is blowing cbsnews

Petrobank Ready to Fire Up its THAI Oil-Sands Process

Petrobank, a Calgary, Canada-based oil and natural gas exploration and production company, is commissioning its WHITESANDS oil-sands pilot project using the proprietary in-situ THAI combustion process. Pre-ignition warming is scheduled to begin in February, with combustion initiating by May 2006. Peak production from the three wells is estimated at 1,800 barrels per day or 600 […]

McCain: U.S. Can’t Be Held Hostage for Oil

WASHINGTON – A top Republican lawmaker said Sunday that America must explore alternate energy sources to avoid being held hostage by Iran or by “wackos” in Venezuela “We’ve got to get quickly on a track to energy independence from foreign oil, and that means, among other things, going back to nuclear power,” McCain said on […]

Upset with federal efficiency rules, regional governments draft their own Democratic-leaning states increasingly are regulating energy use and emissions, working around a GOP-controlled federal government that state officials say has not done enough. The states are creating energy efficiency requirements for light bulbs and household appliances, limiting power plant and automobile output linked to global […]

China to Build World’s First ”Artificial Sun” Experimental Device

A full superconducting experimental Tokamak fusion device, which aims to generate infinite, clean nuclear-fusion-based energy, will be built in March or April in Hefei, capital city of east China`s Anhui Province. Experiments with the advanced new device will start in July or August. If the experiments prove successful, China will become the first country in […]

Russia blamed for ‘gas sabotage’

Georgia’s president has accused Moscow of serious acts of “sabotage” after gas blasts on Russian pipelines cut off supplies to Georgia and Armenia. Mikhail Saakashvili told the BBC the near simultaneous attacks close to Georgia’s border were pre-planned actions orchestrated by Russia…. Georgia has no gas reserves and was due to run out of gas […]

New supply ‘to ease UK gas bills’

New gas supplies should ease the burden of rising energy prices, the UK’s Trade and Industry Secretary has said.New liquid gas storage facilities and a new pipeline from Norway will help boost UK fuel supplies, Alan Johnson told ITV1’s Dimbleby programme.The claims came a day ahead of the launch of a consultation document over the […]

Georgia and Iran Hold Talks over Emergency Gas Imports

Georgia is holding talks with Iran on gas imports into the republic, the Georgian Fuel and Energy Ministry said Sunday. As it was reported earlier, two explosions early Sunday on trunk pipelines running through southern Russia cut gas supplies to Georgia and Armenia, RIA Novosti added. “If large damage was done to the pipelines and […]

Blast cuts Russian gas supply

Two explosions on a Russian gas pipeline that cut off supplies to neighbouring Georgia today were set off deliberately, Russian news agencies quoted a senior prosecutor as saying. Explosive devices were used to destroy two sections of the Mozdok-Tbilisi gas pipeline in Russia’s Caucasus mountains region of North Ossetia, Interfax news agency quoted Deputy Prosecutor-General […]

Turkey Looks for Alternative Natural Resources

The problems Russia experienced in the sales of natural gas with Armenia, Hungary and Bosnia Herzegovina in addition to Ukraine prompted Turkey to seek alternative natural resources. The Energy Ministry hastened studies on new alternatives in order not to experience similar problems and to be independent on resource diversity. To purchase cheaper gas and prevent […]

Ensuring viable use of the coal reserves

The Bangladesh government is contemplating the preparation of a master plan aiming to develop the country’s coal mines and encourage the use of locally extracted coal. Energy ministry sources say the plan is expected to be targeted at achieving an ultimate coal production capacity of 30 million tonnes per annum (Mtpa) in phases over the […]

Blair warned on ‘rush for nuclear’

A senior cabinet minister has warned the Prime Minister that controversial proposals to build new nuclear power stations across Britain have hidden costs and consequences for climate change. Peter Hain, the Northern Ireland and Welsh Secretary, said the nuclear industry must prove it was a better bet than wind and wave power, arguing that its […]

Russia, Ukraine Reach Agreement on Nuclear Sector Cooperation

Ukraine and Russia have reached a number of agreements on cooperation in the nuclear sector for the coming years, the Ukrainian Fuel and Energy Ministry’s press service quoted by Interfax has said. At a meeting in Kiev on Saturday, Ukrainian Fuel and Energy Minister Ivan Plachkov, the head of the Russian Federal Atomic Energy Agency, […]

OPEC vows to ensure enough oil in market

OPEC intends to keep the market awash with oil and build up a spare capacity to ease fears about any shortage and keep prices at around $50 in 2006, according to its new Acting Secretary General. But Mohammed Barkindo said the 11-nation organisation, which had one of its best financial years in 2005, believes other […]

Oil-hungry China courts Saudi king

Saudi Arabia’s King Abdullah arrived in Beijing on Sunday for his first ever state visit and analysts said China wants to draw closer to the Middle Eastern oil power without challenging Saudi ties to Washington. ..“If the US is willing to keep soldiers there, we are happy to keep quiet. This trip has potential (only) […]

Success is elusive in Iraq’s oil fields

After two years of cost overruns and attacks, American construction workers in Iraq are finally completing a stretch of pipeline deemed the country’s most critical piece of oil infrastructure. But their success is just one small victory in the larger struggle over the fate of the oil industry in Iraq, where sophisticated acts of sabotage […]

The Oil Drum: A Linear Extrapolation (Lots of them, actually)

I offer the following as a tool for examining the future price of oil and all that that entails. This uses a very simple analysis that boils down to linear extrapolation, affected by three main parameters: demand growth, production growth, and demand elasticity.More after the jump to the Oil Drum.

Israel Hints at Preparation to Stop Iran

Israel’s defense minister hinted Saturday that the Jewish state is preparing for military action to stop Iran’s nuclear program, but said international diplomacy must be the first course of action. “Israel will not be able to accept an Iranian nuclear capability and it must have the capability to defend itself, with all that that implies, […]

British gas prices expected to rise

LONDON, Jan. 21 (UPI) — The price of a gallon of gasoline is expected to rise up to one pound ($1.75) in the coming months, says the AA Motoring Trust. The AA report said family budgets will remain “under heavy strain” as the average gasoline bill for a typical two-car family has risen by $600 […]

Burnaby on Peak Oil

In my 15 years on City Council in Vancouver, I read a lot of reports. Ninety percent of them were not exactly stimulating: lane pavings, grant approvals, appointment of the external auditor For those interested in the subject, there

Asia Pacific Six Locks World in Four Degrees Global Warming

Analysis by the Australian Bureau of Agriculture and Resource Economics shows global emissions will in fact increase by 100 per cent by 2050 under the Partnership plan. In Australia this would result in the destruction of our natural icons, including World Heritage sites such as Kakadu, the Great Barrier Reef and the Daintree rainforest. Global […]

What the Iran ‘nuclear issue’ is really about

In this letter I pointed out that the structure of global oil markets massively favors intermediary traders and particularly investment banks, and that both consumers and producers such as Iran are adversely affected by this. I recommended that Iran consider as a matter of urgency the creation of a Middle Eastern energy exchange, and particularly […]

Majority prefer renewables and efficiency over nuclear future

An overwhelming majority of people favour the promotion of renewable energy sources and energy efficiency measures as the best ways to tackle climate change rather than restarting a nuclear power programme, a new poll has found. The survey, published this week and carried out by a joint team from the Tyndall Centre for Climate Change […]

US drilling continues to climb

US drilling activity continued to climb with 5 more rotary rigs this week for a total of 1,472 units working, Baker Hughes Inc. reported. That’s up from 1,263 rotary rigs at work during the same period in 2005. OGJ

LNG to Compete Against Renewables, Conservation Alternatives in Northwest

Even though local and state regulatory attitudes are positive — particularly compared to California — liquefied natural gas (LNG) development for the Pacific Northwest may not be able to compete against renewable and conservation alternatives, along with new western onshore natural gas supplies, according to speakers at a western energy conference Thursday. There are also […]

Energy savings begin at home, DTI says

Greater energy efficiency for households and transport will be promoted in the Government’s long-awaited Energy Review, which will be launched tomorrow. The initiative will propose grants for the “fuel poor” – poorer households – to insulate their homes and cut down on carbon emissions. The review comes after the chief executive of Anglo-Dutch oil giant […]

Bush highlights economy, energy, health care in radio address

President Bush previewed three domestic themes of his upcoming State of the Union address usatoday

China’s Renewable Energy Law Takes Effect

China’s landmark renewable energy law took effect on January 1, prompting the government to issue a number of pertinent new rules and technical criteria, according to the Worldwatch Institute. Specifically, the law aims to boost China’s renewable energy capacity to 15 percent by the year 2020 and outlines a commitment to invest $180 billion in […]

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