Beetle-kill trees may fuel power plant

A proposal to build a power plant that would burn beetle-killed trees is being considered, Energy Minister Richard Neufeld says. “My understanding is that burning straight wood is an expensive way to generate electricity,” Neufeld said Wednesday. “But there are some consequences to just leaving the wood stand, so we have to look at that […]

Russia plan not enough to meet Iran’s energy needs

Iran’s chief nuclear negotiator yesterday dampened hopes that Teheran was leaning towards a compromise solution put forward by Russia over its nuclear dispute with the West. Speaking to reporters on his return from a visit to China, Ali Larijani, Secretary of Iran’s Supreme National Security Council, said the Russian plan to enrich uranium for Iran […]

57% Americans support military action in Iran

Despite persistent disillusionment with the war in Iraq, a majority of Americans supports taking military action against Iran if that country continues to produce material that can be used to develop nuclear weapons, a Los Angeles Times/Bloomberg poll has found. The poll results suggest that the difficulties the United States has encountered in Iraq have […]

Bulgaria seeks alternative energy providers to replace Russia’s

Bulgaria is looking for energy providers other than Russia to secure its supplies, amid continuous pressure from Russian gas giant Gazprom to review a transit contract signed in 1998, Energy Minister Rumen Ovcharov said on Friday. “Gazprom still insists on the amendment of the gas transit agreement, but Bulgaria’s position remains unchanged,” Ovcharov told reporters […]

Power hikes ‘will depend on oil prices’

The size of the looming electricity hikes will depend on oil price movements and the amount of money the government can spare to subsidize state power firm PT PLN, Vice President Jusuf Kalla said Friday. .. Kalla was responding to mounting protests from the business community over the possible power hikes, with some firms saying […]

Now US has problems with India’s Syria oil deal

Saying Syria was on “the wrong side of history”, the US has cautioned India against going ahead with its decision to buy a Syrian oilfield along with China. But US diplomats insist this is no pressure tactic on New Delhi. “Our views on Syria are well known. A communication was made from our side to […]

Two billion journeys in China’s own great migration

It’s the biggest movement of human beings on the planet – the mass exodus of Chinese travellers to celebrate Lunar New Year with their loved ones in the heartlands and provinces. Up to two billion journeys will be undertaken in planes, trains and automobiles in a wave of humanity on the move that dwarfs even […]

Cheap flights threaten UK targets for carbon emissions

The boom in foreign travel generated by cheaper air fares and no frills airlines will wreck Britain’s attempts to bring climate change under control, environmentalists fear. As the travel industry prepares for record bookings in 2006, green groups expressed concern over the “failure” of the Government to curb the availability of cheap flights that have […]

Wind farms condemned as eagles fall prey to turbines

WIND turbines have caused the deaths of four white-tailed eagles on isolated islands off the Norwegian coast. Thirty other eagles have failed to return to their nesting sites within the wind farm area on Smola, 9.6km (six miles) northwest of Norway, according to wildlife campaigners. The dead birds were found between August and December last […]

Living on the Edge: Skirting With Nuclear Danger

It is an honor to be here at the United Nations to pay tribute to a genuine world hero, Colonel Stanislav Petrov, who simply by his good instincts in 1983, went against all he was trained to do and averted a terrible nuclear holocaust on our planet. Itpoliticalaffairs

Ready for $262/Barrel Oil?

Be afraid. Be very afraid. That’s the message from two of the world’s most successful investors on the topic of high oil prices. One of them, Hermitage Capital’s Bill Browder, has outlined six scenarios that could take oil up to a downright terrifying $262 a barrel. The other, billionaire investor George Soros, wouldn’t make any […]

A new world order

The western economic model – the fossil fuel-based, car-centred, throwaway economy – is not going to work for China. If it does not work for China, it will not work for India, which by 2031 is projected to have a population even larger than China’s. Nor will it work for the 3 billion other people […]

Great Expectations for Exxon Mobil

On Monday, Exxon Mobil (XOM:NYSE – news – research – Cramer’s Take), the 500-pound gorilla of oil companies, will report to the oohs and ahs of Wall Street. And for good reason: the company should improve on a record 2004, and I see it topping analyst expectations for earnings. Here’s how I see the numbers […]

Florida lawmakers attack offshore boundaries bid

Sixteen Florida lawmakers have criticized state administrative boundaries drawn by the Interior Department in federal coastal waters. Both Florida senators and 14 House members say that the boundaries will “undermine Florida’s ability to control” offshore oil and gas drilling. State offshore boundaries and proposed drilling activities will be a key issue for lawmakers and energy […]

Soy biodiesel gives bigger energy bang than ethanol

Ethanol from corn may get more headlines, but biodiesel from soybean oil may actually give more bang for the buck, say advocates of the biodiesel industry. Those numbers say that for every unit of energy it takes to make biodiesel, there are 3.4 units of energy produced. The comparable efficiency factor for ethanol is about […]

Lack of Drilling Equipment Creates Opportunity

With Colorado’s natural-gas drilling activity booming and a shortage of equipment, a local businessman wants to import Russian rigs. More than 80 drilling rigs are pumping in Colorado, but there’s demand for 200, especially in the Piceance Basin of northwestern Colorado, said John Works, managing director of Emerging Markets Finance International in Denver. rigzone

U.S. Weekly Oil, Gas Rig Count Up by 15

The number of rigs actively exploring for oil and natural gas in the United States increased by 15 this week to 1,487. Of the rigs running nationwide, 1,247 were exploring for gas and 237 for oil, Houston-based Baker Hughes Inc. reported Friday. Three were listed as miscellaneous. A year ago, the rig count was 1,256. […]

Official launch for biofuel plant work

Construction of the UK’s first bioethanol factory was given an official launch in the heart of the Fens today. The pioneering EDP24

Renewable Energy Bills Pass Washington State House Committee

Progressive energy legislation passed out of the House Technology, Energy and Communications Committee, moving Washington State closer toward energy independence. “Biofuels and bioenergy are more than buzzwords — they mean more jobs in rural and urban areas, cleaner air and long-term energy security,” said Rep. Jeff Morris (D-Anacortes), chair of the energy committee. “Washingtonians spend […]

Virent Startup Hydrogen From Biomass System

Virent Energy System today announced that it has successfully started up the first ever demonstration system capable of directly converting sugars and glycerin into power. The system, purchased by Madison, Gas & Electric (MGE), is based on Virent’s patented Aqueous Phase Reforming (APR) process, a carbon neutral, one-step method for on-demand production of hydrogen, natural […]

Saudi oilmin says doubts oil prices will fall

Saudi Arabia’s Oil Minister said on Friday he wants oil prices to come down, but doubts they will because of issues besides market fundamentals. “Of course I want (oil prices) to come down, but they are not going to come down because there are many issues besides demand and supply,” Ali al-Naimi told reporters in […]

Russia and Norway to discuss cooperation in Arctic

Russia’s Industrial Production and Energy Minister Viktor Khristenko and Norway’s Energy Minister Odd Roger Enoksen will discuss exploration of the Arctic shelf at a meeting today. Among other issues to be raised are the countries’ cooperation in the energy sphere and the ways to interchange accumulated experience and technology.

Oil: Supply worries persist

Oil steadied on Thursday, recovering from three days of selling, as persistent worries about the fragility of international supplies offset the impact of a short-term surplus of crude. US light crude edged 10 cents lower to US$65.75 a barrel by 1600 GMT, while European Brent crude traded 11 cents higher at US$64.34. After US inventory […]

Saudi 12.5mbpd plan on target

Top world exporter Saudi Arabia is pressing ahead on its ambitious oil expansion scheme and stepping up exploration to meet future demand, the head of state Saudi Aramco said. The kingdom, Opec’s leading producer, has plans in train to boost production capacity from 11 million barrels per day (bpd) to 12.5 million bpd by 2009. […]

World has very limited extra capacity for oil production

The additional capacity of the world’s leading oil producers is very limited at present. Saudi Arabia is the only country in the Organisation of the Petroleum Exporting Countries (OPEC) — which produces 40 percent of global oil supplies — with the ability to pump significantlymore fuel.

World oil supplies stable, but challenges lie ahead

The short and medium-term outlook for the world’s oil supply is good, but the issues of climate change, energy security and demand from India and China need to be addressed, top players in the energy industry said Friday at the World Economic Forum. ‘There are a lot of oil reserves, particularly, in OPEC (Organization for […]

Ready for $262/barrel oil?

Two of the world’s most successful investors say oil will be in short supply in the coming months. DAVOS, Switzerland – Be afraid. Be very afraid. That’s the message from two of the world’s most successful investors on the topic of high oil prices. One of them, Hermitage Capital’s Bill Browder, has outlined six scenarios […]

‘A new Al Gore’

Mere days before he sounded a highly public alarm in Atlanta about what he sees as the drastic erosion of Americans’ civil liberties, Gore appeared before a standing-room-only audience in Nashville to deliver an apocalyptic — if highly specific — forecast about the planet’s imminent ruin from global warming. Introducing himself at Vanderbilt thusly, “I […]

Nigeria hostages won’t be released: militants

LAGOS (Reuters) – Nigerian militants believed to be holding four foreign oil workers hostage said on Friday they did not plan to release them any time soon, dashing hopes of an imminent end to the 17-day crisis. A spokesman for Bayelsa state, which is leading government contacts with the kidnappers, had said negotiators had reached […]

Going Local in Vermont

Northeast Organic Farming Association of Vermont is having a Winter Conference on Saturday Feb 11, 2006 with 32 workshops focusing on permaculture, alternative energy, biofuels, sustainable agriculture, IPM, seed saving, local currencies & barter, and the impact of peak oil and climate change on agriculture. Keynote Address by J.H.Kunstler “Feeding America in the Long Emergency […]

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