Iran gas pipeline crucial for India’s energy security

Energy of the future may be nuclear, but for 25 more years India will be dependent on hydrocarbons like oil and gas for its power needs to drive forward its economy. The country must have unhindered supply of oil and gas for this period to achieve its targeted rate of economic growth…There are enough gas […]

Energy outlook bleak

Analyst: LNG is only plan Industry experts laid out a bleak American energy outlook to business leaders in Mobile on Monday that included ongoing high natural gas rates for commercial and residential consumers and continued dependence on foreign sources. Michael Zenker, a global gas analyst with Cambridge Energy Research Associates, said natural gas reserves around […]

Dominicans may look to Russia for energy

The Dominican Republic may turn to Russia to help ease its chronic energy shortages. A delegation of Russian government and energy officials met Monday with their counterparts in Santo Domingo to discuss natural gas sales to the Dominican Republic, which suffers from chronic fuel shortages and high prices. BusinessWeek

Top planner: Oil refinery capacity ‘must rise’

China’s top economic planner has warned that oil-refining facilities are stretched to the limit and urged that capacity be increased. The National Development and Reform Commission (NDRC) also suggested that prices of refined-oil products, which are regulated by the government, be raised.China Daily

Why China scares the US

It’s the next big thing. In the UK we may take China seriously, but it’s not the overriding economic issue. In the US it’s becoming a national obsession. Every month that passes there’s another China statistic that spooks Congress yet more and ratchets up what is approaching paranoia. China is the next economic and military […]

Iran crosses ‘red line’ in nuclear stand-off

Iran has started to inject uranium feedstock gas into centrifuges at its Natanz nuclear facility, crossing an internationally agreed “red line” on the path to producing the material for atomic weapons. A senior diplomat from the International Atomic Energy Agency (IAEA) confirmed that researchers at the republic’s pilot enrichment plant in central Iran had taken […]

Katrina response beset by epic fraud

The Bush administrationThe Times Online

G8 tells Russia: Break gas monopoly

Finance ministers from the world’s richest countries issued a public rebuke to Russia after a “stormy” weekend meeting in Moscow. They warned Russia to implement new rules crucial to tackle soaring energy prices. Members of the Group of Seven (G7) nations, who were hit by shortages last month when Russia blocked supplies through its export […]

China is set to overtake America as biggest economy within 30 years

Travelling through some of America’s major cities last week, I detected a degree of anxiety confined not just to the latest George Bush revelations on the threat from al-Qa’ida. People in the United States worry about terrorism, but they also worry about economic threats. In some US quarters, the latest economic bogeyman is China. It’s […]

The Futures Nuclear

I am an optimist, and I don’t think that natural energy resources will be depleted anytime soon. At any rate, oil and gas, rather than nuclear power, will continue to be the main source of energy, which will be sufficient to ensure the world’s steady development until the middle of this century. Yevgeny Velikhov is […]

Carbon market booms as Kyoto Protocol celebrates first birthday

On its first birthday, the United Nations’ Kyoto Protocol on global warming remains troubled by political uncertainties but one of its offshoots — trading in greenhouse-gas emissions — is thriving. Now CO2 is one of the world’s fastest-growing markets — and according to Point Carbon’s estimates, will be worth as much as 34 billion euros […]

China to Invest US$15 Billion in Coal-to-Liquids Plants

The Chinese government plans to make a major investment of about US$15 billion in coal-to-liquids (CTL) plants (both direct and indirect) over the next 5 to 10 years as part of an effort to reduce dependency on oil imports. The National Development and Reform Commission (NDRC) said that the combined output of the CTL plants […]

Join us as we watch the crisis unfolding

In the January 2004 Current Events on this web site, I predicted that world oil production would peak on Thanksgiving Day, November 24, 2005. In hindsight, that prediction was in error by three weeks. An update using the 2005 data shows that we passed the peak on December 16, 2005. The Times reports that solar […]

Baltimore Solar Energy Company to Design and Build World’s Largest Solar Power S

A Baltimore solar energy company will design, build and run what would be the world’s largest solar power system.Jigar Shah, managing partner at SunEdison LLC, said the Nevada system will be powerful enough to provide electricity to approximately 36,000 homes, and would account for 15 percent of the total U.S. solar power market if it […]

More turning to wind power as alternative

Skyrocketing oil prices and the need to end foreign energy dependence have some states, communities, and even homeowners turning to wind power as an alternative. “We have definitely noticed an upswing since the price of natural gas started spiking sometime in the fall,” said Tom Gray, deputy executive director of the American Wind Energy Association. […]

Shell faces protests, delays at Irish gas project

A small horse trailer acts as the unassuming headquarters for a campaign that has delayed a billion-dollar gas project by at least four years and threatened oil giant Royal Dutch Shell’s reputation. The trailer, covered with posters attacking Shell’s environmental record, is parked by a road near the perimeter fence of a planned terminal for […]

A Tough Start for Biodiesel Manufacturer

Attention Kenyans: Chris SchAllAfrica

Delhi and Beijing tread warily

There are regular high-level meetings between Asia’s two rising powers. India and China have just concluded their second round of “strategic dialogue” and declared 2006 a Sino-Indian friendship year. More important, they have agreed to cooperate, rather than compete, for global energy resources. The incipient Sino-Indian entente has prompted some to argue that it has […]

Coconut oil as a biofuel

The purpose of this article is to highlight some very important facts and information with respect to using coconut oil (CNO) as alternative fuel to diesel due to its rising price. The use of CNO is not new as it was used during the World War II, in Philippines by the armies fighting there due […]

Jobs at risk as energy costs rise

Workers will lose their jobs if energy prices remain high, the Confederation of British Industry warned today. Firms hit by sustained high prices expect to lay off workers in the next few months, according to a survey conducted by the business lobbying group, which has its regional headquarters in Eccles. The survey asked 650 small […]

Villagers invade Nigeria oil rig, threats repeated

..A person identifying himself as the leader of MEND, Bruce Edipade, called Reuters on Monday to announce the start of a fresh wave of attacks and warned oil workers to stay out of the Niger Delta. “We want to explode all oil flow stations in Niger Delta. I would advise the oil workers that if […]

Report: Africa`s key role in oil and gas

An influential energy consultancy says Africa will account for 30 percent of the world`s liquid hydrocarbon production increase by 2010. Colorado-based IHS Inc. also said Monday that Africa would supply more than 25 percent of global liquid natural gas capacity by 2010.Monsters and Critics

Middle East to dominate oil export market

Europe and the US are expected to become increasingly dependent on the Middle East as an exporter of refined petroleum products over the next 10 years. New FT research shows that refining capacity in the Middle East is to overtake that of Russia and the former Soviet republics, where underinvestment has plagued the energy sector.Financial […]

NY team confirms UCLA tabletop fusion

“Our study shows that ‘crystal fusion’ is a mature technology with considerable commercial potential,” says Yaron Danon, associate professor of mechanical, aerospace, and nuclear engineering at Rensselaer. “This new device is simpler and less expensive than the previous version, and it has the potential to produce even more neutrons.”

ScienceBlog

Diesel: Using oil to cut oil use

The fuel could be the quickest and most efficient way to make a big cut in U.S. oil consumption. But there are problems. NEW YORK (CNNMoney.com) – Could diesel fuel be the methadone needed to help solve the nation’s “oil addiction?” Advocates for diesel — a less refined fuel than gasoline that burns more completely […]

Evangelical Christians launch campaign on limiting emissions

WASHINGTON – A group of evangelical Christian leaders kicked off a national campaign Wednesday to urge Congress to pass legislation to limit carbon-dioxide emissions, contending that decreasing the human role in global warming was central to putting faith into action. The evangelical leaders said they were acting not just out of a sense of stewardship […]

Dutch consumers sees 7.5% increased energy bill

THE HAGUE – The energy bill of a family with an average electricity and natural gas consumption rose last january with 7.5%, compared to december 2005. This increase is related to higher electricity and gas prices, which are linked to the international oil price. This is publiced by the Dutch Central Bureau for Statistics (CBS) […]

Natural gas has eight years left

A Natural Resources Canada presentation in the heart of Canada The auditorium in Calgary was filled nearly to capacity with people from all walks of life

Syria Switches to Euro Amid Confrontation with US

Syria has switched all of the state’s foreign currency transactions to euros from dollars amid a political confrontation with the United States, the head of state-owned Commercial Bank of Syria said on Monday. “This is a precaution. We are talking about billions of dollars,” Duraid Durgham told Reuters.Reuters

Experts assess impact of China’s oil needs

…This pursuit of energy comes as a result of the Chinese pursuit for prosperity, according to Matthew Simmons, chairman of Simmons & Co. International, an energy investment banking firm. By 2008 when China hosts the Olympics, officials hope that the 300 million people who live in the coastal regions will be as prosperous as any […]

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