Peak Oil, the Loch Ness Monster and Energy Descent

OK, its a tenuous link but stick with me. Last week President Bush announced that the US is In Richard Heinberg

World has bigger oil worries than size of reserves

“Production capacity over the next few years is more important than reserves,” said Sadad Husseini, a former top official at Saudi Arabia’s state oil company Saudi Aramco.

Controversy over alleged miscalculation of reserves resurfaced this year after a media report said OPEC producer Kuwait had only about half as much oil as officially stated and Kuwait stopped short of a robust denial.

Reuters

Price for oil likely to soar

Oil prices are expected to jump when the U.S. markets open for business today due to a series of attacks against the oil industry in Nigeria… Dan Pickering, a longtime energy analyst and principal with Houston’s Pickering Energy Partners, noted on Monday that the oil companies are taking the situation seriously, reducing or shutting in […]

Dalkey Archive Book Finalist for Prestigious Award

On January 14 in New York, Voices from Chernobyl by Svetlana Alexievich was announced as one of five finalists for what many in the book world consider the most prestigious annual prize: the National Book Critics Circle Award, which is given by a 700-member book-reviewer organization representing all review media in the United States. Despite […]

Adequate electricity, fertiliser, for farmers demanded

Speakers at a rally yesterday said the northern part of Bangla Desh will face famine like situation if the government does not provide adequate electricity, fertiliser and diesel to the farmers immediately… Krishak Samity General Secretary Morshed Ali said the prices of oil, diesel and agricultural materials are increasing day by day while the price […]

War of words between Ch

Accusations of spying and tit-for-tat expulsions of diplomats might seem the stuff of historic ideological battles between Washington and Moscow. But such cold war antics look set to take centre-stage in the saga of deteriorating ties between the US and Venezuela, home to the largest energy reserves in the Americas… “Relations with the US are […]

Energy industry struggling to keep up with demand

Although 2005 was a banner year for U.S. independent oil and gas companies, “the game is getting tougher,” an industry expert says. A survey of about 75 senior industry executives reveals an industry straining to keep up with hiring and drilling demands. Conducted by the Grant Thornton LLP, an accounting and consulting firm, the survey […]

Protests hit Ecuador oil exports

Ecuador’s state oil firm Petroecuador has been forced to suspend crude exports after a violent demonstration in Napo province shut a key pipeline. Petroecuador’s halt to its 144,000 barrels per day (bpd) of exports came into effect on Tuesday after the Trans-Ecuadorean pipeline was closed.BBC

Eskom Power Blackouts Plunge Cape Into Chaos

Massive electricity blackouts, blamed by state-owned electricity utility Eskom on “technical problems”, swept Cape Town at the weekend, depriving homes and businesses of power at the peak of the tourism season, and leaving thousands of commuters stranded. The “technical problems” at Eskom caused rolling blackouts across Western Cape, the fourth to hit the province in […]

Battery Breakthrough

A new high-capacity battery material could lead to super-efficient hybrid cars and electric vehicles, helping to slash U.S. gas consumption. Researchers have long known that a material based on lithium, nickel, and manganese could be used to make lithium-ion batteries that store large amounts of energy. The problem is that batteries based on this material […]

Hydrogen-fuelled cars ready to run – soon

A FUTURE where cars are powered by hydrogen and the only ‘exhaust’ is water vapour is moving closer, with researchers here and in the UK making major advances. In the UK, scientists have developed a new technology, said to be the first of its kind, where vehicles would use water as the main fuel supply […]

Sino-EU energy ties strengthened

China and the European Union will strengthen co-operation and exchanges in the energy sector, including clean coal technology, renewable energy and nuclear power, top officials said at a high-level conference. China’s Ministry of Science and Technology (MOST) and the European Commission yesterday signed a Memorandum of Understanding (MoU) on near-zero emission power generation technology in […]

Bush Backs High-Tech Energy Sources

He has focused on a buffet of technological recipes. Some are beginning to show up in the marketplace, such as hybrid cars running on gasoline and electric. Some are basic but still rare, such as solar and wind power; some are exotic, among them the use of agricultural waste products to fuel motor vehicles; and […]

Bush: U.S. on Verge of Energy Breakthrough

Coyote just sent me a PM about this article. I think this is the one he submitted and asked me about: Saying the nation is on the verge of technological breakthroughs that would “startle” most Americans, President Bush on Monday outlined his energy proposals to help wean the country off foreign oil. Less than half […]

Achieving a Low Carbon Society

The UK and Japan have announced – on the first anniversary of the Kyoto Protocol coming into force – a joint research project, which will investigate how to achieve a low carbon society by 2050. It will be supported by the Energy Research Centre (UKERC) and the Tyndall Centre in the UK and the National […]

President Bush Pushes for Plug-in Hybrids

On a week-long swing to promote his Advanced Energy Initiative, announced in the State of the Union address (earlier post), President Bush selected battery-maker Johnson Controls as a venue to make the case for the importance of plug-in hybrids. Re-iterating his stated intention to reduce and then to eliminate US reliance on oil, the President […]

Black-Box Biodiesel

A startup Utah company greencarcongress

All Euro Automakers to Hybridize by 2010

Frost & Sullivan, a global research and consulting firm, forecasts that all European automakers are likely to hybridize their vehicles to some degree greencarcongress

Norway Firm Plans World’s Biggest Wind Park

A Norwegian firm has applied for a concession for the world’s biggest wind power development off western Norway with total capacity of 1,500 megawatts produced by hundreds of turbines, it said on Monday. In the basic plan, the parks would have a total of 334 turbines of 4.5 MW each, but the number of turbines […]

Quick Comparison Of Some Battery Cars

After talking to Dave Braden about his battery car plans, I though that I’d check to see what electric vehicles are out there. But first off, there is quite a big incentive to be driving a battery electric vehicle – their well-to-wheel efficiency can’t be beat (well-to-wheel is always tricky to do though so make […]

Europe aims for energy policy that’s self-reliant

Europe, the world’s second-biggest energy consumer behind the USA, is scrambling to become less dependent on foreign sources of energy. At the same time that President Bush is urging America to wean itself from its addiction to oil from unstable parts of the world, European leaders are calling for a more self-sufficient energy policy that […]

International protests against Shell

Stop the Shell Pipeline! Protests have taken place in Ireland, England, Scotland and Sweden to publicise the campaign ahead of the re-opening of Rossport Solidarity Camp, a protest camp supporting a community based struggle against Shell in the West of Ireland. On Friday 17th there was a Rossport Solidarity Demo in Liverpool, a critical mass […]

Bush: US must not be hostage to foreign oil

Bush, a former oilman, said “I know it came as a shock to some to hear a Texan stand up there in front of the country and say, ‘We got a real problem. America is addicted to oil.’ But I meant it because it’s a true fact and we’ve got to do something about it […]

$20, $30 a Gallon For Gas? You Bet

Oh, believe me, this could happen overnight in the very near future. Right now, over 50 percent of all crude oil purchased by the Untied States is bought from countries who literally would like to see the U.S. blown off the globe. Let’s run down a little list, and you form your own conclusions. One […]

Crude Oil Jumps After Rebel Attacks Cripple Nigerian Exports

Crude oil climbed the most in a month in London after rebel attacks in Nigeria cut output from Africa’s largest producer by 19 percent, reviving concern OPEC has little room to make up for a series of disruptions. Brent crude oil for April settlement rose as much as $1.59, or 2.7 percent, to $61.48 a […]

Shetland islanders fear for future as oil revenue dries up

LERWICK, Scotland (AFP) – Once rich from oil money which is now drying up, the inhabitants of the Shetland archipelago in the far north of Scotland are seeking new economic ways to survive. The National Trust for Scotland has gone on the Internet to entice people and new money to the Shetland’s Fair Isle, a […]

Venezuela plans cold shoulder for U.S. on natural gas

Domestic needs, S. America to get priority CARACAS — Venezuelan President Hugo Chavez says his country’s natural gas is for the domestic market and South America, not for the United States., whose policies he described as unfriendly toward his government. Venezuela’s natural gas reserves, which total about 151 trillion cubic feet and are the eighth-largest […]

Rocketing energy costs fuel industry’s worries

SPIRALLING energy costs were today cited as causing the biggest headache for Britain’s industrial businesses. According to research conducted by business advisory firm Baker Tilly, 44 per cent of industrial companies highlighted rising power bills as the factor most likely to negatively impact their business going forward. However, that figure fell to seven per cent […]

Soaring fuel prices upset Thai Airways

Thai Airways International has unveiled its fallen net profit of 33 per cent in the October-December quarter compared to the same period in 2004 due to soaring jet fuel costs. The national carrier recorded net profit of 3.81 billion baht, a drop of 5.72 billion baht from the same quarter in previous year.

US Corn for Ethanol to Exceed Exports Soon – USDA

WASHINGTON – The United States, the longtime No 1 corn exporter in the world, will soon distill more corn to make the alterative fuel ethanol than it sells abroad, said the US Agriculture Department on Friday. Mounting demand for crop-based fuels such as ethanol could one day have a bigger impact on US corn prices […]

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