Has Oil Lost the Capacity To Shock?

Speaking at the University of Warwick Graduates bankofengland

Veridium Converting Exhaust Carbon Dioxide from Ethanol Production

Veridium Corporation is applying its algae-based carbon-dioxide scrubber to convert exhaust carbon dioxide from the fermentation stage of ethanol production facilities into biomass for subsequent use in ethanol or biodiesel production. Veridium, via its majority owner Greenshift, has a cynaobacteria (blue-green algae)-based bioreactor process for reducing greenhouse gases emissions from fossil-fueled combustion processes. (Earlier post.) […]

Secretary Bodman Highlights President Bush

Department of Energy (DOE) Secretary Samuel W. Bodman joined Representatives Jeb Bradley (NH-1st) and Charles Bass (NH-2nd) to highlight President Bush electricnet

Global Wind Power Industry Spins Into High Gear

Worldwide, the wind energy industry installed more than US$14 billion worth of new generating equipment last year, an increase of 25 percent over 2004, according to new figures released by the Global Wind Energy Council. In terms of new installed capacity in 2005, the United States led the world with 2,431 megawatts (MW), roughly enough […]

New Ballard CEO sees fuel cell industry turnaround

The fuel cell business is heading for a long-awaited turnaround, says John Sheridan, the new chief executive of Ballard Power Systems (TSX:BLD – news) Inc. The company, which confirmed Sheridan as CEO after a fourth-month interim term, reported Wednesday narrower losses in the fourth quarter despite falling revenue and pledged to meet specific technological and […]

Electricity Generation in Germany – Scenario’s for 2020

The German engineering association VDE produced 3 scenario’s [1] for Germany’s electricity system with time horizon 2020. The report takes an engineering perspective (phyical availability – technical feasibility – economic optimisation – social acceptability). All scenario’s are based on a moderate electricity consumption growth (0.5% p.a.). * Scenario 1 is based on current energy policy, […]

Governor on ‘60 Minutes’ Sunday

The CBS news magazine “60 Minutes” is scheduled to run its segment on Gov. Brian Schweitzer on Sunday. The show will focus on Schweitzer’s energy proposals, particularly his push to attract investors to build a plant in southeastern Montana to convert coal to liquid fuels. Correspondent Lesley Stahl and a CBS crew were in Montana […]

Mutant Algae Is Hydrogen Factory

Researchers at the University of California at Berkeley have engineered a strain of pond scum that could, with further refinements, produce vast amounts of hydrogen through photosynthesis.The work, led by plant physiologist Tasios Melis, is so far unpublished. But if it proves correct, it would mean a major breakthrough in using algae as an industrial […]

Honda Hydrogen Cars in Two to Three Years

Japanese car manufacturer Honda looks ready to steal a march on its rivals with the announcement that its hydrogen powered fuel cell vehicle could be ready for mass production in three to four years, somewhat ahead of the 10 year estimates proposed by the majority of its competitors. Hydrogen powered vehicles produce no significant emissions, […]

Overpopulation Promotes Oil Depletion

While much has been said about new energy sources and conservation intended to prevent the depletion of oil, the root cause of increased oil consumption is overpopulation. Every year the world population continues to increase, expanding the need for electricity, heating fuel, plastic, and other oil-based products. Although some might think of population control as […]

Bush advisers urge veto of oil company tax break cuts

In letter to lawmakers, Snow says that change to ‘long-accepted’ accounting method would be unacceptable to administration. WASHINGTON (Reuters) – President Bush’s advisers would recommend he veto tax legislation if it curtails an oil industry tax break, Treasury Secretary John Snow said in a letter to a leading lawmakers Thursday. Snow told the Senate Finance […]

Pipeline can’t quell U.S. gas demand

Amount from Alaskan fields would only cover 7 percent of national consumption WASHINGTON Still, the project could be a decade or more away from completion. After an anticipated multiyear design phase, some knotty economic and political issues will need to be hashed out, starting with getting the necessary permits from U.S. and Canadian authorities. The […]

Time to stop all this growth

AUSTRALIA – Senator Andrew Bartlett and Treasurer Peter Costello make a good pair: Bartlett argues for maintaining high migration levels; Costello for couples to have a third child There

Hostages may be freed tomorrow as Nigeria, Shell lose $27.3m/day

ABUJA Reliable security sources told Vanguard that the militants are also basing their commitment to release the hostages on the grounds that a trusted ally of theirs whose identity should be protected is allowed to come for the hostages. In addition, the hostage takers want the government to guarantee that there will be no reprisal […]

Ethanol SUVs catch researchers’ eye

ALABAMA – Hoover’s ethanol-powered police SUVs will be featured today at a gathering of Auburn University researchers and federal lawmakers looking at ways to reduce U.S. dependency on foreign oil. Sen. Jeff Sessions, R-Ala., is expected to join the discussion and watch demonstrations of renewable energy technologies at the E.V. Smith Research Center in Shorter. […]

Experts raise questions regarding Egypt natural gas strategy

Egypt and Turkey have recently agreed to jointly establish the “TIR GAZ” company. egypt natural gasThis company will be responsible for exporting Egyptian gas to Europe via a pipeline which will go from Egypt to Jordan, and then through Syria to Turkey. This recent deal raises again the discussion concerning Egypt’s natural gas export destinations. […]

Give Me Energy Security And I Will Give You A Foreign Policy

The world stands today at the precipice dividing the eras of the post-Cold War which we have know since 1989 Contents # The Currency Card and Iran Oil Bourse # Tehran-Caracas Axis # Energy Security Through Energy Interdependence # Cuba and Weapons of Mass Destruction # Security for U.S. Ports # Hamas Interest in Spain […]

China hurrying deal for Iranian oil and gas

China, according to The Washington Post, soon will complete a $100 billion deal with Iran that would permit a Chinese government-owned energy company to lead the way in developing a huge oil field in Iran. If that happens, the Chinese factor will complicate President George W. Bush Completion of the Chinese contract would allow China […]

Distributors to gain most

Ethanol shippers will clean up taking fuel to both coasts GARNETT, KAN. – On early mornings at East Kansas Agri-Energy, trucks pack the driveway to unload bushels of dry yellow corn into a hopper. By nighttime, those kernels are ready to transform Rust, who works for Colwich, Kan.-based ICM, the nation’s largest designer of ethanol […]

Ecuador reaches truce with oil protesters

QUITO, Ecuador — Ecuador’s military and Napo province officials brokered a truce early Thursday, bringing a temporary end to violent protests that have interrupted the flow of crude in the nation’s two main oil pipelines. “After these recent events in our province we have come to believe as authorities that it is time to make […]

73% hike prompts power probe

Milford, PA – There may not be much people in Pike County can do about their skyrocketing electric bills. But they don’t have to be happy about it. About 4,000 customers of Pike Power and Light are still reeling from a 73 percent increase in their electricity bills that went into effect last month.County officials […]

EUROPE 2020 ALARM / Global Systemic Rupture

The Laboratoire europ An Alarm based on 2 verifiable events The announcement of this crisis results from the analysis of decisions taken by the two key-actors of the main on-going international crisis, i.e. the United States and Iran: –> on the one hand there is the Iranian decision of opening the first oil bourse priced […]

Bullish Palm Looks to Biofuel for Future

Dreams of powering automobiles and energy plants have propelled palm oil prices to a near one year-high before a key industry conference this week in top producing country Malaysia. But intermittent pressure of late on prices of crude oil – the sole factor that decides the viability of green fuels other than the environment – […]

TACKLING EUROPE’S ENERGY CRISIS: WIND ENERGY, THE ”NO FUEL SOLUTION”

“Wind. Power without Fuel” – This is the main message of a report released today by the European Wind Energy Association (EWEA): “Europe’s energy crisis: the No Fuel Solution” (1). The report is part of a broader campaign and outlines how wind can meet over one fifth of European energy needs, eliminate the economic risks […]

Stormers Get the Power

Besieged by furious consumers over unexpected power cuts crippling the Peninsula, the City of Cape Town is promising just two things: an accurate schedule of planned outages – and guaranteed power for the Stormers game at Newlands on Friday night. The bad news is that Eskom has now said the power cuts will continue until […]

WWF and palm oil industry join forces

Let growing worldwide demand for palm oil happen in an environmentally sound and socially responsible way that avoids clearance of high conservation value forests in Malaysia! WWF-Malaysia, the national conservation trust, and the Malaysian Palm Oil Association (MPOA) made the call when signing two Memoranda of Understanding (MoU) to develop Better Management Practices for the […]

Mauritania Set to Join Club of African Oil Producers

Mauritania is set to join the club of Africa’s oil producers, but before any crude has started flowing, uncertainty already surrounds the lucrative and often disruptive resource. ..”Oil companies are interested in investing in countries where they know that their investments are secure and that the rules of the game are not going to change […]

Venezuela Asks Chevron to Hike Oil Output

Venezuela is asking Chevron Corp. to increase heavy oil production by 16.6 percent under a plan to pay royalties with crude instead of cash, the company’s top executive for the region said Wednesday. Oil Minister Rafael Ramirez said last week he was looking to “optimize” heavy oil operations, which pump around a fifth of the […]

India spreads its net for gas, any gas

While efforts are under way to seal nuclear deals with the US and France to generate electricity, India’s efforts to tie up gas resources as another alternative to fossil fuels have gathered momentum. Following the decision by Myanmar to supply gas to China, India is now making swift maneuvers to ensure that the US$1 billion […]

DOT Secretary Commends Union Pacific

Transportation industries will have to go on an greencarcongress

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