Oil reserves and peak oil

..Kuwait’s oil reserves may be one big number, or another smaller number. But the point to take away from this article is that a reduction in 5% of world oil reserves, even if it is only a bookkeeping entry, dramatically changes the planning assumptions for world energy use into the medium and long terms. A […]

Sweden offers itself as a model on energy

After he heard President George W. Bush tell Americans this week that they were “addicted to oil,” Prime Minister Goran Persson of Sweden said he was relieved that “at last there’s one more who understands the problem.” Indeed, in a conversation, he seemed to suggest that Sweden’s examples might offer what could be termed an […]

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 […]

Oil is Thicker Than Blood

So what really is the problem of this people? The answer is simple. They want better life. They want to be treated fairly like their contemporaries in other parts of the world where oil is produced. They want to be treated with some dignity, and not as infidels. For instance, the Nigerian oil-bearing communities want […]

Alberta wants India to join its oil sands strategy

Alberta welcomes plans by Indian state oil companies to invest $1 billion in the Canadian province’s burgeoning oil sands sector, as long as they also join efforts to study processing options for the heavy crude, the provincial energy minister said on Friday. ..”Our objective in Alberta is to not just be raw resource extractors,” Melchin […]

Cuba’s oil bid angers U.S.

MEXICO CITY – A move by Cuba to interest American energy companies in investing in the communist nation resulted in a quick rebuke by the U.S. government. After Friday’s meetings between Cuban energy officials and members of the American energy sector at the Sheraton Maria Isabel Hotel, the U.S. government informed the hotel’s parent company, […]

President’s Energy Initiative Falls Short

In his State of the Union Address this week, President Bush offered a declaration few expected; the U.S. is addicted to oil. He then went on to propose an outwardly broad energy initiative aimed at reducing our reliance on foreign sources of energy. His suggestions included an accelerated use of renewable energy, including solar, cellulosic […]

New Model For Renewable Energy Market

On any given day, the solar energy falling on a typical oilfield in the Middle East is far greater than the energy contained in the oil extracted from it. However, while oil provides a highly concentrated source of power, solar energy is distributed over a wide area. According to a report to be published later […]

ASPO Newsletter 62 – February 2006

The February issue of the ASPO newsletter is now available. Topics covered include Kuwait’s reserves, the European energy crisis, Norway’s production, the automobile industry, and more.

PeakOil.ie (PDF)

India’s Nukes: A Deal With ‘Difficulties’

When U.S. President George W. Bush signed an accord with Indian Prime Minister Manmohan Singh to help India develop its civilian nuclear-power industry last July, he opened a can of worms. India desperately needs more energy, and the country is eager to build more nuclear plants. But India, a nuclear-weapons state, is not a signatory […]

Will Technology Delay Peak Oil?

It’s not unusual to hear from economists that modern oil production technology significantly increases the amount of oil that can be extracted from oil fields. How valid is that belief? A quick look at the production histories of five giant oil fields raises serious doubts.ASPO USA Newsletter via EV World

U.S. Kicks Out Venezuelan Envoy in Tit-for-Tat Move

The United States on Friday ordered a Venezuelan diplomat to leave after the government of President Hugo Chavez expelled a U.S. naval attache for alleged espionage. U.S. State Department spokesman Sean McCormack said Jeny Figueredo Frias, whom he identified as chief of staff to the Venezuelan ambassador, was declared persona non grata and given 72 […]

OPEC Exports +290,000b/D in 4WKs to Feb 18-Oil Movements

The Organization of Petroleum Exporting Countries seaborne exports of crude oil are expected to rise by a counter-seasonal 290,000 barrels-a-day in the four-week period to Feb. 18, tanker tracker Oil Movements said Thursday. The four-week rolling average of shipboard OPEC crude oil exports will hit 25.22 million b/d compared with 24.93 million b/d four weeks […]

Massive oil profits may not last

Weak production gains and an inability to refill reserves may put big oil in a pinch in coming years. LONDON (FORTUNE) – Judging by the tens of billions (and yes that’s billions with a B) the big oil companies are reporting in earnings for 2005, you’d think this is as good as it gets for […]

Government warned over ‘trade gap’

Britons are accustomed to buying and eating their favourite food all year round, regardless of whether it is in season or not. “The trade gap in food that we can grow in this country – and I’m talking of beef, dairy products and vegetables and wheat – is now “The government wants to drive down […]

Newsletter, 1st quarter, Peak Oil Netherlands Foundation

The first edition of the Peak Oil Netherlands Foundation newsletter can be downloaded at:

http://www.peakoil.nl/images/ponl_newsletter_1_2006.pdf

In this first edition we take a look at future production of oil in non-OPEC countries, the amount of time remaining for the Dutch people to profit from Dutch Natural gas, what the outlook is voor OPEC production in 2006, a detailed analysis of English offshore oil production and finishing with a bookreview of Jeremy Leggett his latest book, Half Gone – Oil, Gas, Hot air and the global energy crisis.

R. Koppelaar, Secretary of Peak Oil Netherlands Foundation

Small cars set to become the next big thing

Japanese, U.S. carmakers due to release group of pocket-sized cars In the 1960s, when smaller-sized Japanese cars started to arrive on the American automobile market, there were snickers about their inferior quality and lack of styling. The Datsuns and Toyotas were thought to be poorly built compared to American cars, but Americans bought them all […]

Strange

President Bush is the James Frey of energy policy One can imagine what the conversation must have been like around the CEO of Exxon-Mobil The word

Police ask help in solving farm field sabotage

Fields were spiked in Delaware County; dairy wells were tampered with again in Randolph County. State police are asking for the public’s assistance in catching the criminal(s) who anchored sharpened spikes into farm fields near the controversial Ag Biovision Park surrounding the community of Shideler. Meanwhile, Randolph County police are investigating another apparent case of […]

Secretive gas importer feels heat of public spotlight

Four weeks after Ukraine cut a deal to import natural gas through RosUkrEnergo, a shell entity based in Switzerland, the obscure company is facing an uncomfortable amount of attention. After becoming one of Europe’s largest energy traders this week with the Ukraine deal, the company promised changes to become more open about its operations.Gazprom, the […]

Petrobras Weighs Building Ethanol Pipeline

State-run oil giant Petroleo Brasileiro SA, or Petrobras, is considering the construction of a US$226 million (euro186 million) ethanol pipeline to meet a growing global demand of the sugarcane alcohol fuel. Petrobras Chief Executive Sergio Gabrielli and Goias state Gov. Marconi Perillo agreed Thursday to study a pipeline capable of transporting 4 billion liters (1 […]

U.S. must stop gas guzzling to beat Gulf oil addiction

LONDON (Reuters) – The United States must put more energy efficient cars on the highway and raise taxes on gasoline if it wants to kick its addiction to oil from the volatile Middle East, analysts said on Thursday. President George W. Bush mentioned neither energy efficiency nor tax in his State of the Union address […]

Oil off Cuba drawing interest

In the two years since oil reservoirs were discovered off Cuba’s coast, Canadian, Chinese, Indian and Norwegian companies have lined up to explore the potentially lucrative Caribbean waters, and Louisiana’s trying to get in on the action…U.S. corporations have watched the activity less than 60 miles south of Florida’s coastline with their hands tied. U.S. […]

Oil traders eye the West, India as China imports slip

Forget China in 2006. Sell crude to India, diesel to the United States and watch the growth of global shipping trade if you want to capitalize on the trends that will shape the Asian spot oil market this year. China, whose oil demand surge helped drive crude’s two-year rally, was the watchword for almost all […]

EU set to drive up biofuel production

Although on the increase, biofuel production in the EU is “not moving quickly enough,” Brussels will warn national capitals next week. EU agriculture chief, Mariann Fischer Boel will tell member states that an EU target of 5.75 per cent biofuel content in fuels by 2010 will not be met unless tough new action is taken…“We […]

Peak expectations

ONTARIO – Decades ago the “peak oil” argument had the same cachet as a John F. Kennedy assassination paranoia theory propagated by the granola crowd. Fueled by the Iraqi War, and high energy prices, a quick scan of any of the more vituperative websites and you’d believe U.S. President George Bush, V.P. Dick Cheney, and […]

Power Crisis Deepens

Ugandans have to brace for higher power bills, intensified and prolonged load-shedding for the next five years until another major hydropower generation dam is commissioned at Bujagali in 2010. “In the short run, cheap hydropower will be in short supply until the development and completion of renewable energy projects,” Information Minister James Nsaba Buturo said […]

Asia’s energy thirst will stretch refiners

Asian demand for gasoline and other petroleum products is likely to outstrip refining capacity for the rest of the decade, even as new plants start up in countries like China, Caltex Australia said Thursday. “For a long time demand and production capacity ran very close to each other, but now they’ve begun to widen, and […]

Energy bills set to jump again: UK

Household energy bills are expected to jump by a fifth over just a few months as suppliers once again pass through to users the surging cost of buying power and gas on wholesale markets, analysts say. Gas and power bills have already swelled by a third in the last two years, and experts say fresh […]

India, South Korea Contest Nigerian Oil Field Drilling Rights

India and South Korea are contesting control of two Nigerian oil exploration areas as the Asian importers increase lobbying to secure energy supplies for their expanding economies. Growing fuel demand in Asia is driving companies to seek additional supplies overseas. The Nigerian areas, known as blocks 321 and 323, may have oil and gas reserves […]

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