Automakers Estimate Diesel Sales Will Grow

Europeans prize diesel engines for their fuel efficiency and power, but U.S. buyers have been slow to embrace them because of environmental concerns and bad memories of the belching diesels of the 1980s. Only about 3 percent of the vehicles sold in the United States last year had diesel engines, compared to half the vehicles […]

David Goodstein lecture at MIT

I just heard David Goodstein give a lecture at MIT. It’s a good thing I got there early because the snack table and all available classroom seats were both quickly depleted.
I mean it was packed. People covered all available floor space and stood out in the hallway.

depletion.blogspot

China’s Motive in Oil Deals with India

Indian Oil Minister Mani Shankar Aiyar traveled to Beijing on Jan. 11 for a three-day round of energy talks with Chinese officials and energy firms that will culminate in a series of agreements for Sino-Indian exploration, production and bidding on oil projects. In the past six months, China has engaged several countries — including Vietnam, […]

India and U.S. discuss nuclear energy cooperation

Senior Indian and U.S. officials wrapped up four days of meetings Thursday aimed at establishing a foundation for cooperation in the civilian uses of nuclear energy, a U.S. Embassy press release said. The officials shared information on the global demand for nuclear energy, nuclear safety and research into areas such as fusion energy, it said.

World economy grows, faces dangerous balancing act

If things go according to plan, the world economy will chug along nicely through the new year. That would be comforting news if things ever did go according to plan. Actually, 2006 could see plenty of nasty surprises. For one thing, the world economy, though expanding, is dangerously imbalanced.

Momentum grows for common EU energy policy

Momentum is growing in the European Union for a common policy to diversify and secure energy resources after a pricing dispute between Russia and Ukraine disrupted gas supply to Europe. British Prime Minister Tony Blair called for a common EU energy policy last year, and Austria, which holds the bloc’s rotating presidency, has said it […]

‘Find a couple of spare planets or face global oil war’

THE world faces the real threat of a new conflict over oil as China competes with existing world powers for scarce resources to feed its growing economy, according to a report published today. The State of the World 2006, released by the Worldwatch Institute, says that last year China became the second- largest importer of […]

Sanctions on Iran just a start

Then the Council, if it is sufficiently united, is likely only to issue a warning to Iran before taking any other action. It would probably tell Iran to suspend all activities again and re-enter negotiations. Only if Iran refused would sanctions then be drawn up. What kind of sanctions? They would be trade-orientated, aimed primarily […]

Corsi to argue oil on ‘Coast to Coast AM’

WND columnist and author of “Black Gold Stranglehold” and “Atomic Iran,” Jerome Corsi, will be a guest on the popular overnight radio program “Coast to Coast AM” tonight. For three hours of the broadcast, Corsi is scheduled to debate Michael C. Ruppert, author of “Crossing the Rubicon: The Decline of the American Empire at the […]

Street Dogs: Rainwater prophecy

Oil prices to stay high in 2006-2007

The US Energy Information Administration (EIA) sees world oil consumption growing by 1.6 million barrels per day (bpd)  in the coming year. The world would then be consuming 85.3 million bpd. It also predicts oil production capacity to increase in OPEC and non-OPEC countries, easing current production scarcity. But prices will remain at high levels with […]

Shh! Why I secretly fancy Gazprom

The first sign that this may have been unwise was the failure of dozens of excited forecasts of the death of oil to come true. These forecasts were based on M. King Hubbert

Oil to Top $US70: Analysts

A REFERRAL of Iran to the United Nations Security Council over its nuclear program is likely to push oil prices to record high points above $US70 a barrel, analysts in London said overnight. The Iran crisis represents “a major source of upside risk for oil prices”, Barclays Capital analyst Kevin Norrish said. He added: “It […]

Europe biofuel plans under fire

European plans to promote so-called biofuels, fuels made from sugar or vegetable oils, have come under attack. Climate change experts claim that far from being environmentally friendly, the new fuels in fact pose a threat. They argue demand for biofuel crops is leading to tropical forests being cut down for palm oil. “It seems to […]

Oil Rises to 3-Month High on Concern Over Iran Atomic Program

Crude oil rose to a three-month high as Iran escalated its nuclear program, raising concern that shipments from OPEC’s second-biggest producer may be cut. “Every possible solution to the crisis could result in a cutoff of oil,” said Michael Fitzpatrick, vice president of energy risk management at Fimat USA in New York. “The only weapon […]

Norway Sees Dip in 2006 Oil Production

Oil production from Norway’s offshore fields is expected to decline by almost 5 percent this year, although natural gas exports continue to set new records, the Norwegian Petroleum Directorate said Thursday. The government agency’s annual resources report projected production of about 2.43 million barrels per day in 2006, down from 2.56 million barrels per day […]

Non-OPEC Oil Supplies Seen Up Through 2010, Then Down

Non-Organization of Petroleum Exporting Countries crude oil producing capacity is expected to rise over the next five years then taper off after 2010 and could dip about 14% from peak-production levels by 2020, the Centre for Global Energy Studies said in a report released Wednesday. Total oil output capacity from non-OPEC is forecast to rise […]

India expected to sign 12 deals with China soon

India and China, competing worldwide in their search for oil and gas reserves, will jointly bid for, explore and produce energy under an agreement to be signed this week, India’s oil minister said yesterday. Petroleum minister Mani Shankar Aiyar said at least five agreements are to be signed between Indian and Chinese companies, with seven […]

Key technologies to keep an eye on in 2006

Flexible, thin-film polymer photovoltaics, which can be made using a convenient roll-to-roll process, could soon be challenging traditional silicon solar cells. Last year, US firm Konarka gave itself a European base by acquiring Siemens’ organic photovoltaic research activities, and now it believes that its development partners could be manufacturing their first products within 12-36 months. […]

Summit highlights energy potential

A new national farm bill in 2006 offers a fresh chance to promote renewable energy, said Sen. Ken Salazar, D-Colo. Salazar sponsored a summit Wednesday to call attention to the statecortezjournal

U.S. wind industry to break installation records says AWEA

The American Wind Energy Association (AWEA) stated in its third quarter market report that the U.S. wind energy industry will install about 2,500 megawatts (MW) of new wind power this year, a record amount that will help lower skyrocketing home heating and electric bills by reducing the demand for natural gas. According to AWEA’s assessment […]

Doomsday vault to avert world famine

WITHIN a large concrete room, hewn out of a mountain on a freezing-cold island just 1000 kilometres from the North Pole, could lie the future of humanity. The room is a “doomsday vault” designed to hold around 2 million seeds, representing all known varieties of the world’s crops. It is being built to safeguard the […]

CNOOC, Giec to Develop Gas Hydrate

China National Offshore Oil Corporation (CNOOC) had wrapped up a contract with Guangzhou Institute of Energy Conversion (Giec) under Chinese Academy of Sciences to study and develop natural gas hydrate. At present, China has found sizeable reserves of gas hydrate in the South China Sea, which is predicted to equal to half of the country’s […]

Daewoo Finds Second Massive Gas Reserve in Burma

Daewoo International has discovered another large gas reserve in Burma after its A-1 gas field in Shwe was in December confirmed as holding enough gas for three yearschosun

Hydrogen Production Cost Independent Review

The Department of Energy (DOE) today gives notice of a request for information and an independent progress assessment by the DOE Hydrogen Program in meeting research and development (R&D) cost goals for production of hydrogen using distributed natural gas reforming technology. A review panel is being assembled by the National Renewable Energy Laboratory (NREL) Hydrogen […]

Oil-producing nations will have to make huge investments

Oil-producing nations will have to make huge investments in their production capacity, amounting to at least $ 421 bn over the next 23 years, to meet the projected increase in the demand for oil, according to a Saudi-Aramco study. By country, the investments required are: $ 130 bn in Saudi Arabia, $ 95 bn in […]

China’s 2005 Oil Import Growth Slows on Higher Prices

China, the biggest energy consumer after the U.S., imported 3.3 percent more oil last year, less than a tenth of the pace of growth in 2004, as soaring global prices discouraged refiners from buying crude. bloomberg

Japan’s new energy strategy

Resource-poor Japan is barreling ahead to rev up its energy security, driven by the specter of another oil crisis, the global rush for energy resources and a simmering gas dispute with China. The New National Energy Strategy, the draft outline of which was made known recently, is expected to call for, among other things, reduction […]

Millions hit by shortfall in heating aid

With winter not yet half over, the surge in the cost of heating a home has already begun to stretch consumers

High fuel prices burning airlines’ profits

The aviation industry is in for a tough time this year as fuel prices continue to soar, says Qantas. The Australian carrier says business conditions will worsen, while the global aviation sector is not expecting profitability until next year – underlining turbulence ahead for Air New Zealand, which is yet to make a decision on […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy