Oil price strengthen our enemies, Negroponte warns

Two days after President George W. Bush called for the US to end its “addiction to oil”, John Negroponte, the director of national intelligence, said the combination of rising demand for energy and instability in oil-producing regions “is increasing the geopolitical leverage of key producing states”. Nigeria posed a particular threat, Mr Negroponte told the […]

Shell in talks on Brent closure

Oil giant Shell is to begin talks on taking Britain’s biggest oilfield out of service, BBC Scotland has learned. The OILC said workers had been told at meetings on the platforms that decommissioning would start on the Alpha, Bravo and Delta platforms in 2010. BBC

Blair-Bush deal before Iraq war revealed in secret memo

Tony Blair told President George Bush that he was “solidly” behind US plans to invade Iraq before he sought advice about the invasion’s legality and despite the absence of a second UN resolution, according to a new account of the build-up to the war published today. A memo of a two-hour meeting between the two […]

The Oil Drum: Dangerous Anthropogenic Interference

There is currently a debate in the scientific literature about when exactly climate change will constitute “dangerous anthropogenic interference” in the climate. The phrase comes from the United Nations Framework Convention on Climate Change, which aimed to achieve stabilization of greenhouse gas concentrations in the atmosphere at a low enough level to prevent dangerous anthropogenic […]

US senators debate climate change

The Republican chairman and the top Democrat on the Senate Energy Committee released on Thursday a “white paper” on climate change issues that must be resolved before they can introduce global warming legislation. Their staff said they see little chance of Congress passing such a bill this year. The European Union, Japan and much of […]

US Diesel Market Will Reach 15% in Next 10 Years

At a clean diesel event in California, Robert Bosch Corporation predicted that the US market for light diesel vehicles will reach 15 percent over the next 10 years. Advantages offered by today greencarcongress

White House Announces Groundbreaking “Solar America Initiative”

Building on President Bush’s State of the Union address Tuesday night, the White House has proposed the largest funding increase for solar energy research in US budget history. The Solar America Initiative will add $65 million to the solar program at the Department of Energy – a 78% budget increase – to foster R&D for […]

Iran ‘will face Security Council’

The UN’s atomic watchdog will refer Iran to the Security Council when it meets to discuss Tehran’s nuclear programme on Friday, diplomats say. Russia has reportedly decided to support sending Iran to the council, as long as the threat of sanctions is withheld for at least another month. BBC

A new alternative energy age dawns

LIKE any addict admitting they have a problem, America will hope to start afresh now that George W Bush has confessed to the country’s unhealthy dependency on oil. The US, he said in his State of the Union address, has become too reliant on oil, often from unstable countries, and has to find alternatives. “The […]

We’re not running out of oil says record-breaking Shell

Royal Dutch Shell yesterday shrugged off suggestions from US president George W Bush that America should lose its addiction to oil, adding that the world was nowhere near to running out of black gold. telegraph

With President Bush calling for the United States to break its “addiction” to oil, a growing Massachusetts “clean energy” industry could help push the nation in that direction. The president, in his State of the Union Address Tuesday, highlighted an initiative that builds on alternative fuel proposals from an energy bill that passed last summer. […]

Bush fuels the debate

President Bush’s strong espousal of alternative fuels such as cellulosic ethanol as a way of weaning America off its dependency on Middle East oil should be warmly applauded. The president has often made reference to oil in previous State of the Union addresses but not by endorsing a particular solution with such enthusiasm and never […]

Mitsubishi Heavy to Build 10 Bln Yen Factory for Solar Cells

Mitsubishi Heavy Industries Ltd., Japan’s largest maker of heavy machinery, said it will spend 10 billion yen ($84 million) to raise solar cell production capacity to tap growing solar-energy demand. The plant will be built in Nagasaki prefecture, on Japan’s southern island of Kyushu, with production to begin in April 2007, the company said yesterday […]

Key Facts on Biodiesel, Ethanol

Americans may drive cars in two decades that operate on pollution-free hydrogen or fuel made from grass and wood chips, but it will not be enough to reduce significantly US oil imports from the Middle East. President George W. Bush told Congress on Tuesday that America was addicted to oil and needed to build vehicles […]

Oil claims more airline services

AirTran will suspend its direct service from Akron to Las Vegas, Akron-Canton Airport said today. The flight, which began in August, will be suspended this May. Judy Graham-Weaver, a spokeswoman for the airline, said a flight from Flint to Las Vegas also will end then. She blamed rising oil prices, which lead to higher jet […]

Campaign Seeks Tax to Fund New Fuels

A proposed initiative to levy a surcharge on California oil could set off a big-spending battle. SACRAMENTO The initiative, which would amend the state constitution, could face little difficulty getting a place on the November ballot because of public outrage over sky-high gasoline prices and record profits at oil companies. In his State of the […]

Administration backs off Bush’s vow to reduce Mideast oil imports

WASHINGTON – One day after President Bush vowed to reduce America’s dependence on Middle East oil by cutting imports from there 75 percent by 2025, his energy secretary and national economic adviser said Wednesday that the president didn’t mean it literally. What the president meant, they said in a conference call with reporters, was that […]

New Orleans ‘risks extinction’

In the chaos that followed the worst natural disaster in American history, a forensic investigation has been taking place to find out what went wrong and why. The BBC’s Horizon programme has spoken to the scientists who are now confronting the real possibility that New Orleans may be the first of many cities worldwide to […]

The IAEA and the new world order

The manner in which nations have lined up over Iran and its nuclear program increasingly reflect the larger global power struggle between the dominant West, ie, the US and Europe, and developing nations. Caught in the middle, and opening itself to criticism over poorly sourced accusations against Tehran, is the UN’s International Atomic Energy Agency.

Green Rules Could Shut up to 500 US Coal Plants – Study

New clean air rules could force up to 500 US coal plants to shut spurring billions of dollars in construction of cleaner plants to replace them, according to a study. Pollution laws including the Clean Air Interstate Rule that caps emissions of smog components sulfur dioxide and nitrogen oxides (NOX and SOX) could shut the […]

Normally a Big Chill, Canada Basks in Mild Winter

Warm and winter are two unlikely companion words that Canadians are using to describe record-breaking temperatures this year. Winnipeg, a Canadian city dubbed “Winterpeg” for its notoriously frigid winters, had its warmest January on record, Environment Canada said Wednesday.

GM to Build Hybrid SUV

General Motors Corp. will build two sport utility vehicles – the Chevrolet Tahoe and GMC Yukon – using enhanced hybrid technology, the company said on Wednesday. The trucks will be manufactured in Arlington, Texas, beginning in late 2007 while the transmissions, using a hybrid system to boost fuel performance, especially at highway speeds, will be […]

More oil companies join rush in central Utah

Two more oil companies are teaming up to drill for oil in central Utah, a region that long frustrated exploration until a tiny Michigan outfit made a spectacular wildcat strike in 2003. Delta Petroleum Corp. announced Wednesday that it would pay another Denver company, Armstrong Resources LLC, $24 million in cash and 673,000 shares of […]

A forecast for the Middle East: Very, very cloudy

AS A NEWS EDITOR and now as an editorial writer, I

Paladin finds oil at Hummer prospect in North Sea

Paladin Resources, a unit of Canada’s Talisman Energy (TLM.TO: Quote), has found oil at its Hummer prospect in the North Sea, Norwegian energy officials said on Thursday. “The drilling activity showed indications of hydrocarbons from about 3,145 metres (10,318 feet) below the sea surface in Early Tertiary sandstone,” the Norwegian Petroleum Directorate (NPD) said in […]

Venezuela to Tighten Terms on Oil Fields

Venezuela plans to tighten the tax terms on 32 privately operated oil fields as it rewrites contracts that were signed in the 1990s, an executive at Venezuela’s state-run oil company said Wednesday. If royalty and income taxes payments are less than 50 percent of total revenue in any given year, companies will have to pay […]

Russian oil production up 2% in Jan

Russia increased oil and gas condensate production 2% year-on-year to 39.89 million tonnes or 9.37 million barrels a day in January, the Fuel and Energy Central Dispatch Department said. Average daily oil production in Russia in January 2006 fell 2.3% compared with December 2005. Last year daily oil production increased every month (by 0.3%-1% on […]

OIL, CONFLICT AND THE FUTURE OF GLOBAL ENERGY

“…I knew that I could not ever again raise my voice against the violence of the oppressed in the ghettos without having first spoken clearly to the greater purveyor of violence in the world: my own government.” Martin Luther King in his “Beyond VietnamIndybay.org

The Ethanol Economy

“Biofuels” is the energy buzzword of the week in the wake of President Bush’s State of the Union speech, just as “hydrogen” was after his 2003 speech. The newly announced Advanced Energy Initiative gives a particularly strong push to ethanol, the alcohol fuel that is typically extracted from corn and blended with gasoline for use […]

Natural gas bills may hit $100

PG&E PREDICTS 23% RISE IN HEATING COSTS THIS MONTH CALIFORNIA – PG&E predicts the average home heating bill will top $100 this month, making it the priciest February for natural gas since the energy crisis five years ago. Natural gas costs are expected to jump 23 percent this month compared with last year, Pacific Gas […]

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