Ethiopia, Somalia, Kenya Will be the Next Great Oil Province

Tom Windle, who explored some of Africa’s west coast sites for Amoco, believes Africa’s potential has barely been recognized. The regional geologist says that East Africa is the most significant potential oilfield worldwide…”If you really want to know where I think the future of Africa is, it’s the east coast,” he told the Times. “If […]

Coal gets costly for non-power core sectors

Coal may soon become dearer for the sponge-iron, steel and cement sectors. This is because these sectors have been asked to source at least 20 per cent of their needs from the open market. “The energy coordination committee headed by Prime Minister Manmohan Singh had recommended that barring the power sector, existing coal linkage for […]

Climate Change: It’s getting hot in here

2005 was the year in which concerns about the stability of the climate regularly made the headlines; 2006 may be the year when demands to do something about it finally become irresistible…Another lesson of 2005 is that scientists can be wrong about climate change – though not in a way that provides any comfort to […]

Watching as the world vanishes

IT WAS SHAMEFUL, everyone agreed afterward, that no one did anything at the time. Because people knew it was happening. There were reports, early on. People saw things, near where it was happening. They knew. Later, they said they hadn’t known, really; they hadn’t understood the scale of it. They explained their reasons for doing […]

China calls for cooperation with US on oil, nuclear power

China and the US should deepen their cooperation in energy issues, including overseas oil exploration, transport of crude oil through international oil pipelines and civilian nuclear projects, China’s economic planning body said. The two countries should also decrease friction through dialogue at multiple levels, China’s National Development and Reform Commission said in a statement on […]

Venezuela Oil Fields Back in State Control

Venezuelan oil minister Rafael Ramirez on Sunday applauded the return of state control over 32 privately operated oil fields with the start of the new year. Ramirez said in a statement that Venezuela has successfully completed “the recovery” of the 32 fields whose control was ceded to private hands in the 1990s under concessions allowing […]

Analysts end forecasts of decline in oil prices

Wall Street oil analysts have given up calling for lower prices after missing the rallies of the past four years. New York oil futures will average $60 a barrel in the first quarter of 2006, according to the median forecast of 25 analysts surveyed by Bloomberg. Prices will average $58 in all of 2006, the […]

American business backs nuke deal with India

American industry has started hectic lobbying with the US administration to create legislation to push ahead the civilian nuclear pact with India so that it can sell nuclear technology to meet New Delhi’s burgeoning energy needs. Aware that countries like Russia, France and Canada are waiting on the sidelines to offer India civilian nuclear technology, […]

Clarify energy goals before starting up Monju again

If and when the government decides to resume operating the prototype Monju fast-breeder reactor, debate is sure to heat up over whether the whole project is worth its huge costs. The feasibility of fast-breeder reactors has changed dramatically over the past decade.Asahi

Energy and the new world power play

..We learned from British archives released a couple of years ago that in 1973, the US drew up a plan to seize oilfields in Saudi Arabia, Kuwait and Abu Dhabi in response to the Arab oil embargo.For decades the aim of securing oil has been realised. It is only now, with the drying up of […]

Promoting alternative energy sources for the UK

Mini wind turbines, solar panels and other small scale technologies could provide a substantial portion of the UK’s energy needs by 2050, according to a new report from the Energy Saving Trust. “Over the next 10 to 40 years a large proportion of homes in the UK could be generating their own energy, saving tonnes […]

Nymex Gas Is Steady Today, Falling 9.5 Percent for Week on Mild Weather

New York natural gas, little changed today, tumbled more than 9 percent this week on mild weather and slack holiday demand. Gas rose 83 percent this year as a drop in production was exacerbated by hurricanes in the Gulf of Mexico. The February contract fell as low as $10.88 per million British thermal units in […]

How using geothermal heat is an all-round winner

Russ Root made an efficient move last year — to a new home he had built in Goshen, Connecticut. While it is considerably bigger than his former house, in Chenango Forks, New York, it will cost far less to cool and to heat. That is because he did something he had thought about ever since […]

Debate swirls as wind power grows rapidly across country

Giant windmills are popping up on farms, scenic mountain ridges, prairie grass and now an Indian reservation, dramatically changing the nation’s landscape and spinning a debate about where they belong. Wind power grew rapidly in 2005, becoming more competitive as natural gas prices jumped and crude oil prices reached record highs. Improved technology, a federal […]

How North Sea oil calmed the UK’s crisis-ridden waters

DID North Sea oil save Britain from disaster? Or was it a resource wrongfully plundered and pillaged 30 years ago? How easily we have forgotten how near to meltdown the British economy has been in our lifetimes. Not the ERM crisis of September 1992 that did for the Major government; this was a blip compared […]

Europe Revisiting Nuclear Power

It’s the core question radiating across Europe today: How can governments fight global warming while continuing to meet their populations’ growing demands for energy? Facing few viable answers, Europe’s leaders are showing greater willingness to buck the trend toward environmental correctness and utter that politically unspeakable N-word: nuclear power. Likewise in Germany, a nuclear power […]

Tethered Power

Here’s another interesting angle to alternative energy, tethered power. Using a helium filled balloon shaped to catch the wind and rotate on an axis with generators on each side, the company has shown the Magenn Power Air Rotor System. technocrat

Schweitzer

Picture a plant that could convert coal from the statehelenair

Kazakhstan Must Develop Nuclear Energy Sector

The Kazakh Energy and Mineral Resources Minister, Vladimir Shkolnik, is convinced that, Kazakhstan will, sooner or later, follow the whole world and realize the necessity of developing nuclear energy and that there will be no alternative to nuclear power plants in future. He shared his vision of this issue after a ceremony held to open […]

Ukraine calls for new Russia energy talks

Ukrainian President Viktor Yushchenko called for fresh talks with Moscow to resolve an energy crisis amid reports that Russia’s move to cut off gas to Ukraine was affecting supply to other European countries. “I will call on Vladimir Putin… for Gazprom to return to the negotiating table,” Yushchenko told reporters as his country of 48 […]

Ukraine gas crisis ‘could hit EU’

Gas exports to the EU could be hit by the axeing of Russian supplies to Ukraine, officials in Kiev say. One report said Poland had already detected a fall in pressure in its gas imports since the Russian cut.BBC

Russia cuts Ukraine gas supplies

Russia has begun cutting gas supplies to Ukraine in an energy price dispute which has become a major political row. Ukraine has rejected Russia’s proposed fourfold price rise, saying it is politically motivated. Russia’s President Vladimir Putin on Saturday made an offer of a three-month price freeze as long as Kiev agreed to pay the […]

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LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
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• 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