Evo Morales No Che Guevara

Morales lacks the power base Castro and Guevara enjoyed in Cuba and thus may soon find himself quite limited in what he can accomplish. While Bolivia has the second-largest natural gas reserves in the Western Hemisphere, together with sizeable oil reserves, actual revenues at present are limited. And they will remain so for the foreseeable […]

Hybrids: Are you ready to repair them?

While just one out of every 100 cars sold today is a hybrid, these gasoline/electric-powered vehicles are gaining traction among consumers expressing concern with protecting the environment, unease over the nation

Coal’s role in U.S. largely hidden, yet it keeps lights on

When Rick Honaker was growing, his grandmother would dispatch him to the back yard, pail in hand, to scoop up the shiny, black rocks that fed her stove. It was the only fuel in a home that had long sent its men to the mines.Now, a generation later, the only time Honaker’s own children have […]

The Kremlin and the world energy war

Russia’s Gazprom, the world’s largest gas-producing company, has become locked in a commercial battle with Ukraine over the price of the fuel, but it is widely and correctly understood that the Kremlin’s hand is behind what is quickly being recognized as the final ascent to the summit of a struggle between “East” and “West” for […]

Oil giants turn attention to gas in quest for power

Once neglected, natural gas has won top billing from oil majors that are pouring billions into projects to meet booming demand for clean-burning fuel. Oil will continue to reign supreme because of its dominance in the transport sector, but gas will find a home at power stations, overtaking dirty coal.

Oil imports fuel looming energy crisis (UK)

THE WORLD’S top energy watchdog has warned that the UK economy will become a net importer of oil this year for the first time in more than a decade – three years earlier than the government has predicted. The International Energy Agency (IEA) has forecast that North Sea oil production will dip below 1.7m barrels […]

Honda looks down the road to alternative fuels

DETROIT – The 2006 North American International Auto Show, Detroit’s annual celebration of all that’s cool and new in the auto world, is well underway and already some of the biggest names in the business are showing why they’re considered forward-thinking car makers. Take Honda for example, which on Sunday won both the prestigious North […]

Author offers bleak peek at life after ‘peak oil’

Someday the planet will run out of oil. It may be sooner, it may be later, but that day is coming, say most petroleum geologists. They refer to the point where we’ve used up half of the planet’s fossil fuels as “peak oil” and once we’ve passed that point, many social scientists predict significant and […]

New Research To Help Guarantee Future Of Oil Supplies

Scientists at the University of Liverpool are working with leading oil companies to further understanding of the nature of oil & gas reservoirs within deeply buried submarine channels. Professor Stephen Flint and Dr David Hodgson, from the Department of Earth and Ocean Sciences, have been awarded Professor Flint said:

Move over gas guzzlers, small cars are coming

DETROIT Consider:

The Saudis’ approaching twilight

” . . . I think I have a relatively high amount of credibility with some senior people within the Bush administration, but I can’t believe that they don’t read and listen to 90 other people that call themselves experts and I’m sure a lot of those people say, “God, that Simmons guy is really […]

Time to get the facts and fiction right on the oil crisis

…History suggests that the first half of the oil age has just closed. It lasted 150 years and saw the rapid global expansion of industry, transport, trade, agriculture and financial capital and allowed huge increases in populations. Alas, the second half now dawns, and will be marked by the decline of oil and all that […]

Harbingers unheeded

The most efficient short-term prescription for America’s dependence on foreign oil is breathtaking both in its simplicity and in the odds against its being adopted: Replace the diesel-guzzling large trucks that carry 70 percent of domestic freight with expanded rail and barge service. Yet for all the political and economic uproar the demise of long-haul […]

Liquefied Natural Gas Market Spawns a Glut in Ships Built to Carry the Fuel

for many shipowners, natural gas has not proved a worthwhile investment. Most want to charter their ships, which cost about $215 million each, for long periods to energy companies. But the rates on offer at present are uneconomic, they complain.

Shipowners that bought ships to exploit an anticipated short-term spot market in natural gas shipping have fared worse. Many speculatively built ships have been idle for the last year, and those with work often have operated at a loss.

LA Times

The Ukraine gas dispute is a warning of conflict to come as energy supplies fall

…………Putin’s argument that he was simply asking Ukraine to pay a market price for its gas was spurious. Belarus – a client state of Moscow – is continuing to get its gas at the hugely subsidised price of $50 (

CNOOC announces $2.3B Nigeria investment

Chinese state-controlled oil company CNOOC Ltd. said Monday it is paying $2.3 billion for a 45 percent stake in a Nigerian oil field in its first major investment since its failed bid to take over Unocal Corp. last year.
The deal adds to a multibillion-dollar string of foreign acquisitions by Chinese oil companies, which are aggressively pursuing energy supplies to fuel China’s booming economy.

Mercury News

Twilight in the Desert: an interview on peak oil with Matthew Simmons

Barrons, the weekly magazine for investors published by Dow Jones (publisher of the Wall Street Journal), is a pillar of the American business elite. So when Barrons runs a lengthy article on the “twilight for oil,” take it as a strong signal that the issue has parked itself squarely in the mindset of the global […]

The nuclear power option

The Pakistani government is opting in a big way for increasing the output of nuclear power to ensure energy security and provide power to the consumers at competitive rates. The government is to acquire six to eight nuclear reactors from China at a cost of $7-10 billion within a decade. ..Shortage of gas has become […]

Drought cutting Tanzania’s power supply

Tanzania could start rationing power this month to cope with shortages resulting from a long drought that is causing famine and threatening east Africa’s economies, officials said on Saturday. Falling water levels have cut in half the output of hydroelectric generators that power much of the east African nation, said Patrick Rutanzibwa, principal secretary with […]

Ministers warned of huge rise in nuclear waste

A new generation of nuclear power stations would increase five-fold the amount of a lethal and long-lasting form of highly radioactive nuclear waste stored in the UK, official figures show. The analysis, by a government-sponsored committee of experts, reveals the scale of the legacy to future generations by building nuclear plants. It comes as the […]

Algeria sees no need for Opec to cut output

Algeria’s Energy and Mines Minister Chakib Khelil said overnight that he believed Opec would not cut output when it meets at the end of this month, because prices were stable and demand still strong. Khelil also expected oil prices to remain above US$50 ($73.63) a barrel during the first half of 2006 but to drop […]

Business to dominate summit

It has been billed as one of the most important environment meetings in recent years but environment groups have not been invited to the inaugural Asia-Pacific partnership on clean development and climate. However, big business will be there in force – companies like the global miner Rio Tinto and the oil group Exxon Mobil – […]

China’s three major airlines to appeal for tax cut on jet fuel imports -report

China’s three major Airlines are to make an appeal to the State Council for a reduction in tax on jet fuel imports to lower their operation costs, the 21st Century Herald reported. The three carriers will request that the government exempt the importers from tariffs on jet fuel imports and lower value-added tax (VAT) levied […]

Beijing eases oil, coal grip

There are growing indications that the Chinese government, alarmed by last year’s “oil crisis” – which actually may have been manufactured by state- owned oil companies – is finally getting ready to liberalize its energy policy and allow more competition.China will gradually open oil exploration and extraction to private investors in the next five to […]

EU biomass action plan to get priority treatment

The Austrian EU Presidency intends to speed up the adoption of the Commission’s Biomass Action Plan in view of the urgent need to diversify Europe’s energy sources. In a press statement of 8 January, Austrian Minister for Agriculture and the Environment, Josef Pr EurActiv

China, Japan seek to ease oil dispute

China and Japan held informal talks on Monday about how to develop oil and gas resources in disputed areas of the East China Sea, one of several sources of tension between them, but agreed only to meet again. Chinese foreign ministry spokesman Qin Gang said last week that China and Japan, the world’s second- and […]

Shortfall of Metals Risks China’s Rise

China now consumes 48 per cent of the world’s cement and 20 per cent of its copper. Mr Goode said China would be in what has been termed growth phase 1 through to 2010, and then would enter phase two of even higher growth. “The world is trying to cope with phase 1, let alone […]

BP Begins Production at West Azeri Field in the Caspian Sea

The Azerbaijan International Operating Company (AIOC), operated by BP, has begun oil production from the West Azeri platform rigzone

NO FRENCH TRAINS WILL USE FOSSIL FUELS BY 2026, SAYS PRESIDENT CHIRAC

FRENCH trains will not use a drop of oil in 20 years’ time, President Chirac has declared. In a New Year message, reported by The Times newspaper and Reuters news agency, Chirac confirmed Francerailnews

3000 billion tons of coal off Norway’s coastline

This summer, students from Norwegian University of Science and Technology analyzed data from 600 wells drilled on the Norwegian Shelf of the North Sea. They calculated that there are 3000 billion tons of coal off the Norwegian coast. Most of the reserves are located at Haltenbanken. This compares to today’s proven and recoverable world reserves […]

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