UK renewable energy hits turbulence

A minor victory for opponents of wind farms and supporters of nuclear energy will be provided this week by new data showing that the UK has slipped from the world’s most attractive country to develop renewable energy to the fourth in a year. The claim is contained in Ernst & Young’s quarterly report for Winter […]

Turkey And Ukraine Cooperate To Eliminate Dependence In Energy, Mischenko

”Turkey and Ukraine cooperate to eliminate dependence to foreign countries in energy area,” Ukrainian Ambassador in Ankara Olexandr Mischenko said on Friday. .. Mischenko said executives of Turkish Petroleum Corp.’s (TPAO) and Ukraine’s oil & natural gas company NAFTAGAZ met a while ago and initiated studies to prospect for oil and natural gas in the […]

Insurgents suspected of acquiring oil money

Iraqi and U.S. officials say they are seeing a troubling pattern of government corruption enabling the flow of oil money and other funds to the insurgency and threatening to undermine Iraq’s struggling economy… In one example, a sitting member of the Iraqi National Assembly has been indicted in the theft of millions of dollars meant […]

A new industrial revolution

Sustainability is the emerging 21st century imperative. This century the industrial demand for more, an unconditional evermore, will become a sustainable call for enough, and for economic growth that means ecological improvement, not ecological destruction. Sustainability is the ability of future generations to have opportunities broadly similar to those we enjoy today. It rests upon […]

Improving the Forward Curve for Green Power

The development of renewable energy resources in the U.S. is constrained by a difficulty in obtaining project financing. The growth of the markets for the green attributes of renewable energy (RECs) provides a built-in solution. But, the market must first develop a forward curve to give project developers and the financial community the certainty in […]

Petroleum Development Oman finds new oil fields

Petroleum Development Oman (PDO) has discovered four oil fields in the north of Oman in Ufuq and Dafiq, and in the south at Sakhiya-South West and Mamour, according to a company press release issued on Saturday. The reservoirs of both fields are deep and under high pressure; they are among the oldest oil-bearing reservoirs in […]

Fighting an Oil Addiction

In truth, that addiction is far more lethal than just the environmental and economic threats posed by America’s unabated use of petroleum. Oil profits help fund terrorism just as they help build gleaming new cities in the desert. America’s addiction to oil is certainly more directly responsible for the attacks of 9/11 than was, say, […]

Kicking the oil habit, one step at a time

No stranger to 12-step programs, the scion of Texan oil barons the man to end a dependency that is not simply an American problem, but a global phenomenon — an ever increasing and seemingly insatiable thirst for oil. After the oil crisis of the 1970s, there were many similar calls throughout the world to lessen […]

Fossilised myths: new thinking on ‘dirty’ coal and dwindling oil

A new book claims that there is enough oil, coal and gas to last the earth at least 500 years – and it doesn’t have to be polluting. But now he proclaims that the world can continue to rely on fossil fuels. And his reasoning, while consistent with his beliefs, comes as a huge surprise. […]

Biofuels could meet a third of transportation fuel needs

With oil being extracted and consumed faster than it can be replaced, alternate source of fuels and technologies are expected to fill in for the ever increasing demand. And an international group of scientists from the Georgia Institute of Technology, Imperial College London and the Oak Ridge National Laboratory, claim that biofuels could replace a […]

Italy, India may sign energy pact

Italy and India will shortly clinch an exchange agreement for transfer of technology for tapping and harnessing the sources of non-conventional energy in areas of small hydro, solar, tidal, bio-fuel and wind, Corradio Clini, Director General, Department for Environmental Research and Development, Ministry for Environment and Territory, Italy, said on Saturday. hindu

When the crude runs out: Life after oil

Burly, blue-eyed and with an outdoor blush to his face, Peter Kendall looks exactly like the successful Home Counties farmer he is. But he is producing oil, at the cutting edge of an energy revolution unexpectedly endorsed by President George Bush last week. Mr Kendall farms 1,500 acres in the village of Eyeworth, in Bedfordshire. […]

China to see greater development of renewable energy

China will see a greater development and use of renewable energy in the years to come as the country has adopted policies to encourage greater efforts in this regard. The Renewable Energy Law of China, which came into effect on Jan. 1 this year, stipulates that development and use of renewables such as solar energy […]

Chavez Warns US Over Refineries if Cuts Ties

Feb 4, 2006 Reuters

Hello, Doomsday, My Old Friend

…So is it all bad news? Dr. Diamond doesn’t think so. He points out that not all societies have been such spendthrifts with their resources. The Dominican Republic sits cheek to jowl with Haiti, sharing the same island, but where Haiti has essentially destroyed the ability of their end of the island to sustain the […]

The Oil Drum: Nigeria Matters, Is a Mess, and Is Getting Worse

With Iran in the lurch, other net exporters become even more important. Let’s take an in-depth view of the the ever-worsening potential oil shock in Nigeria and its implications for US imports and world oil prices.Much more after the jump to The Oil Drum.

What is Likely to Affect the Boiling Point of Oil in 2006

WHEN a US President starts making ludicrous claims that the US can cut its dependence on Middle East oil by two-thirds, you know that the fever gripping the oil market has tipped over into delirium…. With this in mind, The Business has put together an Oil Price Thermometer. We asked five of the worldThe Business

Iran Plans to Resume Uranium Enrichment

Iran’s president Saturday ordered the resumption of uranium enrichment and an end to snap inspections of its facilities after the U.N. nuclear watchdog voted to report Tehran to the Security Council. “As of Sunday, the voluntary implementation of the additional protocol and other cooperation beyond the Nuclear Nonproliferation Treaty has to be suspended under the […]

Iran MP: Could Disrupt Gulf Oil Flow If Sanctions

The semi-official Mehrnews quoted Soleiman Jaffar-zadeh, a member of the conservative Iranian Parliament’s National Security and Foreign Relations Committee, as saying political and economic sanctions against Iran would be ineffective and useless. He warned oil producing countries in the Gulf region, particularly Saudi Arabia, that any sanctions on the export of Iranian oil would also […]

For oil addicts, switch-grass gas and more

Perhaps he winced at Iran’s threat to cut oil exports. Or at a similar Venezuela threat. Or at turmoil in oil exporters Nigeria and Iraq. Or simply at China grabbing every oil patch it can get. But now President Bush has firmly linked US security to its oil addiction. He made that critical linkage in […]

Oil and Two Ways of Life in Alaska

Drilling debate divides native villagers Washington — President Bush’s surprising call during his State of the Union speech Tuesday for America to end its addiction to oil has rekindled debate in Congress among advocates and opponents of drilling in the Arctic National Wildlife Refuge. But lost in the discussion once again are the people who […]

Black Gold, Black Death

Oil Sands Frenzy in Canada Record profits coupled with little or new regulation on an industry gone venally berserk and it’s off to the races once again in Canada as far as natural resources versus the health of the environment are concerned. This time the triggering mechanism is the tremendous oil reserve contained in Canada’s […]

Initiative to tax oil producers under review

CALIFORNIA – A new $4 billion tax on oil producers that aims to slash California fuel consumption and bankroll renewable energy and conservation measures could be on the November ballot, according to organizers of a signature-gathering drive set to begin within 10 days. The initiative, now under review by the state attorney general, is geared […]

Russia to Cut Gas Price as Blue Stream Pipeline Extends to Israel

ANKARA: A new pipeline project with Russia is on the agenda following the debates over natural gas cuts. The project of extending the Blue Stream Natural Gas Pipeline through Israel will be implemented. The Turkish Energy Ministry made another offer to Russia breaking the Turkish resistance on the issue with the promise “reduction in natural […]

Proponents of the peak oil theory crying wolf

I’ve been following the reports about the enthusiastic reception that Richard Heinberg’s Jan. 10 talk about peak oil and industrial collapse have received in Eugene. Here’s a related problem that I give in class. World oil reserves are 600 billion barrels, and we are using it at 20 billion barrels per year. How long until […]

What Peak Oil Means to Every American

In 1970, oil production within the United States peaked — reached its maximum production rate — at not much more than 10 million barrels of oil per day. That means since 1970, oil production in this country has been declining, and we now import 58 percent of the oil we use. The sheer scale of […]

Fuel Prices Go Haywire in Bulawayo, Gwanda

ZIMBABWE – Fuel prices in Bulawayo and surrounding areas have gone haywire. Petrol is selling for anything between $150 000 and $160 000 per litre in Bulawayo, while in Gwanda it goes for $220 000 per litre. It is not clear why the price has suddenly shot up because the towns are very close to […]

Shell President Forced to Address ‘Peak Oil’ Theory

PARIS — Shell announced their record profits at two press conferences this week. The first in Hague in Holland and the second later in the same day in their London centre. The London conferences were attended by Chief Executive Jeroen van der Veer and Chief Financial Officer Peter Voser. At the conference, Shell revealed 2005 […]

Meeting The Power Demand

It is inevitable that the Nepali people who are presently having to face with power shortages all of a sudden will continue to live in the dark for many more years to come, thanks to our inability in the past to construct power projects in commensurate with the increasing demand for power supply across the […]

Russia’s move on energy chessboard

Russia has moved to prop up some Central Asian regimes and boost its clout in the strategically important region. However, the Kremlin’s new efforts followed moves by some Central Asian nations to diversify their energy policies and escape from over-reliance on Russia. The Kremlin has backed the Uzbek leadership’s efforts to avoid destabilization or a […]

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