President Jacques Chirac has dropped a political bombshell by threatening to retaliate with nuclear strikes against any state found to be responsible for a large-scale terrorist attack on France. In the biggest shift in French nuclear doctrine for 40 years, M. Chirac revealed that the force de frappe – the French nuclear deterrent – had […]
Washington, DC [RenewableEnergyAccess.com] Interior Secretary Gale Norton announced the completion of an environmental review that will allow the Bureau of Land Management (BLM) to significantly expand its wind energy program on public lands while ensuring the conservation of threatened and endangered species and migratory birds. With the publication of the record of decision on a […]
Some 24 people have died of exposure in Russia as freezing winter temperatures plunged to minus 30C overnight. Energy consumption hit new highs as the Russians – normally inured to extreme cold – struggled to keep warm. A number of European countries have reported drops in the level of their gas supplies from Russia. Reports […]
Ministers were urged to intervene today after another gas price hike left consumers facing bills that have soared by 52% in just four months. Phoenix Natural Gas says it will increase prices by a further 17.3% which means that the average annual bill will have soared by 52% – or
Up to 15,000 Australians would die each year from heat-related illness, bushfires would double and some of the nation’s most treasured icons would disappear under the federal government’s climate plan, a conservation group claims. The World Wide Fund for Nature (WWF) has attacked the government’s strategy for tackling global warming, saying the “business as usual” […]
The Government should put up cash to prop up the ailing coal industry to help keep Britain’s lights on, a West Yorkshire MP said. Colin Burgon MP (Lab, Elmet) urged ministers to offer loans or loan guarantees to ensure that the country’s industry was not lost forever. He made the call in the House of […]
U.N. Security Council heavyweights China and Russia have too much riding on Iran
The United States imported record amounts of refined petroleum in 2005 to make up for the biggest decline in U.S. oil production since 1949, the American Petroleum Institute said Thursday. For all of 2005, U.S. crude oil production fell 6.6% to 5.06 million barrels a day, the largest percentage decline in more than 50 years. […]
Saudi Arabia’s King Abdallah and Oil Minister Ali Al Nuaimi will start on Sunday a tour of Asian countries where oil demand is on the rise, a Saudi official said. Starting in China, the world’s second biggest oil consumer, the trip aims to cement growing energy and trade links between Asia and Saudi Arabia, the […]
The prospect of a mushroom cloud rising from the Dasht-e-Lut, Iran’s Desert of Stones, may not be Tehran’s greatest threat to international stability. A successful test of an Iranian nuclear weapon at some point in the next few years may prove less destabilizing than a simple free market economic measure that Iran is said to […]
Russia yesterday reduced gas supplies to Europe and trimmed back its oil output because of extreme cold at home, and weather forecasters warned of another deep freeze next week. Domestic energy supplies were stretched to the limit because Russia – though no stranger to wintry weather – was shivering in a cold snap of the […]
Pointing to “peak oil”
Iran has an “inalienable right” to use nuclear energy for peaceful purposes such as the production of electric energy, and the enrichment of uranium for its nuclear reactors. Could it be that Iran’s plan for an oil exchange trading in Euros is the real issue? Or is it Israel?
Bank says crude will hit mark in ‘06 on demand alone, but Iran, Nigeria disruptions may speed pace. LONDON (Reuters) – Investment bank Goldman Sachs raised its forecast for 2006 U.S. oil prices by $4.50 to $68.50 a barrel Thursday and said risks in Iran and Nigeria could push the cost above $70 long before […]
Scientists are to help power an Edinburgh university by generating electricity to use when its solar panels are not working at night. In the first Scottish project of its kind, experts at Napier University are to create harmless hydrogen fuel. The team want to break down electricity created by the solar panels into hydrogen gas […]
Hear, hearcrikey
As the price of crude oil and natural gas has increased, production also has stepped up, both in Oklahoma and across the nation. enidnews
If you listen to the makers, hybrid cars are the best invention since sliced bread. While there are many reasons to buy a hybrid car, including a new tax incentive for US owners, it helps to have a good understanding of how they work. This article explores the myths, benefits and drawbacks of owning one […]
From 2004 through 2005, the world produced almost 650 million barrels more oil than demand consumed, according to the accepted International Energy Agency model. But where are these barrels of oil? “Little of this glut has shown up in observed petroleum stocks,” writes Mr. Simmons, author of Twilight in the Desert: The Coming Saudi Oil […]
If you heat with natural gas, you must have noticed the price has been going up lately. Well, I have some bad news for you — this is only the beginning. For the 62 million households heating with natural gas in the United States , the cost of home heating has doubled in the last […]
With mounting natural gas prices going through the roof, local homeowners, in particular, are finding ways to keep electricity flowing while saving a considerable amount of money in home heating and electricity. Higgins said it takes several hours to install the collector, using two or three people. The panels cost $1,500 with labor fees of […]
So what do we know now about peak oil at the dawn of 06? That we’re peaking and presently in the end of cheap oil phase. That energy prices will continue to rise or that we will enter a phony war period of improved supply. I’ll leave it to the experienced geologists, economists and business […]
Delegate says cartel will cover any Nigerian shortfall, January production cuts are unlikely. DUBAI (Reuters) – Saudi Arabia and its OPEC partners are ready to pump more oil to fill any supply gap from Nigeria, a senior OPEC delegate said Thursday, ahead of a Jan. 31 meeting that is likely to stick with current output. […]
An official assessment drawn up by the US foreign aid agency depicts the security situation in Iraq as dire, amounting to a “social breakdown” in which criminals have “almost free rein”. The picture it paints is not only darker than the optimistic accounts from the White House and the Pentagon, it also gives a more […]
Baxter International Inc., General Motors Corporation, IBM Corporation, the National Renewable Energy Laboratory, and SC Johnson are the first corporations to achieve voluntary greenhouse gas reduction goals set through the U.S. Environmental Protection Agency’s (EPA) Climate Leaders program. These companies will be recognized along with 11 other corporations that are announcing greenhouse gas reduction goals […]
Troops find almost no support among locals BAIJI, Iraq – Pfc. Robyn Houston fires bursts of bullets into the air as his Humvee swerves around a pothole and lurches over a highway median. His convoy bears down on oncoming traffic, forcing Iraqi cars to swerve onto a dirt shoulder. Roadside bombs “are really bad here!” […]
Six former heads of the Environmental Protection Agency — five Republicans and one Democrat — accused the Bush administration Wednesday of neglecting global warming and other environmental problems. timesargus
French energy company Total SA expects to be producing 200,000 barrels of bitumen daily from its oilsands holdings by 2015, and intends to spend at least $5 billion US on an upgrader in Alberta. Total, the world’s fourth-largest oil and gas company with operations in more than 130 countries, greatly enhanced its oilsands holdings in […]
Riding a bicycle without pedalling is a dream of many people. A German company is hoping to make this reality. Just a few hundred metres from Gelsenkirchen’s football stadium, Masterflex AG is working on a new mode of transportation: fuel-cell powered bicycles and three-wheeled “cargo bikes.” To sit – and not sweat – is a […]
The European Commission has proposed a seven-year plan to shift a greater percentage of freight traffic off the highways and onto the inland waterways in Europe. Called NAIADESgreencarcongress
Oil News Categories
Recent Board Topics
Archive
LATEST NEWS HEADLINES

Member Comments
PO Real Time
No tweets available