Britons split on N-power advance

A majority of people in Britain would accept new nuclear power stations if they helped fight climate change, a poll suggests. Some 54% said they would accept new stations being built for this reason, the Mori survey of 1,500 people for the University of East Anglia found. But in general, more people were against nuclear […]

Poland: Europe energy plans must include Ukraine

Europe can only achieve energy independence by including Ukraine in its planning, said Polish Foreign Minister Stefan Meller last Tuesday. “It is impossible to have an intelligent discussion without Ukraine, which plays a critical role,” Meller said in Ukraine on a working visit about the issue of European energy independence). Speaking at a Kiev press […]

LPG shortage on price caps

China’s top economic planner has ordered suppliers not to raise the price of liquefied petroleum gas in the run- up to the Lunar New Year, but price controls are already causing shortages, official media reported Tuesday. The National Development and Reform Commission sent orders for the freeze to local governments and the country’s two top […]

Russian energy giant targets UK market

Gazprom, the Russian energy giant, is planning an assault on the UK market with plans to provide 20% of Britain’s gas by 2015, possibly through the The Guardian

Depletion Has Changed The PR Script

It’s time for the Federal Government to change its energy message. Future public relations (PR) copy must emphasize the inevitability of the far-reaching transformation that confronts us. We do not need self-serving political posturing or a contemptuous ignorance of legislative responsibility. We do need you to provide us with a candid and honest assessment of […]

Oil-Stung Caribbean Looks at Energy Alternatives

Caribbean countries, vulnerable to oil shocks and worried rising global oil prices could drag their economies, are exploring renewable energy to ease high oil-import bills. Solar energy is already used widely in Barbados and some Eastern Caribbean islands, while Jamaica has invested in wind farming and is pursuing other initiatives toward getting a 15 percent […]

Will world oil demand grow?

According to traders and oil market experts, the demand will continue to grow, not at a faster pace. The demand will grow slowly but steadily. “An average two per cent growth in world oil demand is reasonable forecast. Oil now fuels nearly 95 per cent of land, sea and air transport. It ensures efficient movement […]

Hardman discovers oil in Uganda

Australian oil exploring company Hardman Resources has dicovered oil in Uganda after drilling for three weeks. Oil was discovered at Mputa 1 eploration well in Kaisotonya village, Hoima district in western Uganda, 220 kilometres from the capital Kampala. Local politician Goerge Tinkamanyire said the discovery was a significant landmark in the country’s efforts to improve […]

Nigeria: More oil attack threats

Negotiators worked to free four foreigners held hostage in Nigeria’s southern oil region as militants claiming to hold the captives said they would target oil installations if their demands were not met within days. Amid rising violence, Royal Dutch Shell said Tuesday it had nearly doubled production cuts in Africa’s largest crude exporter, slashing output […]

Bracing the World for the Day When the Oil Runs Out

As the oil price nudged above $64 a barrel yesterday on heightened concerns about disruption to supplies from Iran and Nigeria, a small group of geologists, economists and commodity traders was meeting in London to consider a more fundamental question: when will the world begin to run out of oil?The Independent

EIA: World Can’t Afford to Lose Iran Oil

A disruption in Iran’s crude oil exports because of a dispute over that country’s nuclear program would further crimp the already tight global oil market and lead to higher petroleum prices, the head of the Energy Information Administration warned on Tuesday. “The market is so tightly balanced, clearly, we can’t afford to lose a large […]

Continental Airlines expects loss

Shares in Continental Airlines have plummeted more than 10% after it warned it would make a “significant” loss for the first quarter of 2006. Its losses for the last three months of 2005 totalled $43m (BBC

Australian House Price Crush

A RECORD number of NSW families lost their homes last year as growing numbers struggled to meet mortgage commitments. The number of homeowners facing the threat of a court repossession order on their property rocketed by one-third, The Daily Telegraph can reveal. For the first time, the figure hit 4000 — or about 11 a […]

Gasoline Prices May Return to $3 Record as U.S. Demand Rebounds

Gasoline pump prices may return to $3 a gallon in the U.S. this summer as demand recovers and conservation efforts in the aftermath of Hurricanes Katrina and Rita prove to be temporary. Motorists won’t hesitate to travel this summer, even if prices are higher than last year, said Charles Spinelli, controller at a New Jersey […]

Extreme cold across Russia has cut oil output and sparked warnings of power cuts

In the Western Siberian town of Surgut, in Russia’s oil-producing heartland, temperatures have fluctuated between minus 30 and minus 51 degrees Celsius over the past week. Oil production from the region fell by 200,000 barrels per day between Jan 10-16 as the extreme cold meant oil had frozen some oil wells solid, the Energy Ministry […]

Increase In Gas Prices, Gas Theft

JACKSONVILLE, Fla. — Gas prices are on the rise once again and police say as prices climb, more consumers are refusing to pay. Chuck Miller travels around the state for his job; the truck he drives holds 26 gallons of gas. Miller said he spends what seems like a fortune on gas and it greatly […]

Could Mississippi farmers be the next oil sheiks?

It’s a possibility if more energy sources switch from gas to switchgrass If David Waide’s vision comes true, the United States will no longer be dependent on Arab oil and, instead, all that money will be going into the pockets of Mississippi’s farmers.Waide, as president of the Mississippi Farm Bureau Federation, has a front row […]

Gas theft can be deadly

Laclede Gas last year registered about 2,000 cases of people stealing gas through illegal hookups. The danger of those hookups was dramatically illustrated on Christmas morning, when a gas explosion led to the death of Michael McGee.St. Louis police said a gas leak in McGee’s second-floor apartment was caused by an illegal hookup. McGee, 50, […]

The Proposed Iranian Oil Bourse

Bush’s Shock-and-Awe in Iraq was not about Saddam’s nuclear capabilities, about defending human rights, about spreading democracy, or even about seizing oil fields; it was about defending the dollar, ergo the American Empire. It was about setting an example that anyone who demanded payment in currencies other than U.S. Dollars would be likewise punished.The Iranian […]

War in Niger Delta

Fighting between soldiers and militants in the Niger Delta continued yesterday following the attack on the Shell Petroleum Development Company operated Benisede flowstation which left 13 military personnel dead and an equal number of civilian casualties. Information from Yenagoa last night indicated that security agencies had arrested a man believed to be the mastermind of […]

EU seeks energy cooperation with Moldova

The European Union said Tuesday it is sending an expert to Moldova this week to discuss bringing the former Soviet republic into an energy treaty linking 34 nations in what the EU says is already the world’s biggest internal market for gas and electricity. EU spokeswoman Pia Ahrenkilde Hansen said the mission was not directly […]

Turning Emissions Into Fuel With Algae

What we have now: power generation largely using coal and transportation almost exclusively using petroleum, both putting out gigatons of CO2 into the atmosphere. Where we want to be: power generation and transportation almost exclusively using renewable energy methods, putting out very little CO2 into the atmosphere. The problem: we need to reduce CO2 faster […]

Cracks appear in united front as oil price threatened

Senior officials from Europe, America, Russia and China will meet in London today to devise a joint strategy to restrain Iran’s nuclear programme. But as Iran threatened retaliation, including hints that it could seek to drive up the price of oil, cracks began to emerge among western leaders.Iran’s move last week to restart its uranium […]

Relief From High Heating Bills Unlikely To Last

WASHINGTON — There’s a bit of relief because of unusually balmy winter weather, but heating bills — sometimes double what they were a year ago — nevertheless are straining household budgets from New England to the Midwest and Northern Plains states. State and local agencies were scrambling to help people cope with the first round […]

Price hike limits supply of liquefied natural gas

GUANGZHOU: Several liquefied natural gas (LNG) filling stations are limiting supplies amid soaring prices in the city in South China. Despite steps by the Guangdong Price Bureau to try to curb the price rise, the cost of a 15-kg LNG bottle has risen to 115 yuan (US$14) from 95 yuan (US$12) 10 days ago. Consumers […]

Firm Says Process for Shipping Gas Is Safer

Instead of using terminals, the company would convert natural gas from a liquid state on tankers and deliver it through a pipeline. A major Australian energy firm plans to ship liquefied natural gas to Southern California with a new process that it says is safer and more environmentally sound than the use of the terminals […]

Why Oil Will Not Go Below $50 a Barrel

Who would have thought oil stocks would have led the early 2006 market rally? Warm weather, slowing growth in key markets, high levels of natural gas inventories,and a gradual recovery from hurricane-induced supply disruptions surely should have cooled investor ardor for the energy story. Notwithstanding these trends, oil markets remain tight. Consequently, according to one […]

Could airlines wing way to profitability in 2006?

…It’s been painful. More than 160,000 employees have lost their jobs during the period. Most other workers have seen their pay and benefits cut, and their work requirements increased. United and the old US Airways defaulted on their pension plans, and Northwest and Delta are candidates to do so this year. But those sacrifices and […]

Asian giants will dictate future says Worldwatch

The dramatic rise of China and India presents one of the gravest threatspeopleandplanet

Saudi King to Visit China to Discuss Oil

Saudi King Abdullah will visit China and is expected to discuss possible cooperation in oil and energy security, the Chinese Foreign Ministry said Tuesday. The main Saudi government oil company, a Chinese producer and Exxon Mobil Corp. are partners in a $3.5 billion project to expand a refinery in southern China. Total trade between the […]

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