China preps huge ramp in solar production

Fueled by a new national renewable energy policy, China is moving towards a huge solar production ramp on all fronts of the domestic supply chain: polysilicon feedstock, wafers, cells and modules. Enacted last month, Chinaeetimes

Gordon Brown signalled a raft of measures to tackle climate change, which made his 2006 Budget by far the greenest of the 10 he has presented. To many environmentalists, it appeared he was – at last – taking the issue of global warming really seriously. independent

Hydrogen Made from Biodiesel Using Steam Reformer

InnovaTek and Seattle BioFuels announce the first successful production of hydrogen from 100% biodiesel in a microchannel steam reformer. This is the first time a renewable fuel source has been used to produce hydrogen in a microchannel steam reformer to power emission-free fuel cells. InnovaTek’s InnovaGen fuel processor, which can be used for a broad […]

The ideal fuel for portable fuel cells – hydrogen or methanol?

Hydrogen (H2) is stored in metal hydride canisters, and liquid methanol is stored in more or less ordinary containers or plastic cartridges for use in the direct methanol fuel cell (DMFC). Both fuel cell concepts are technically different, but the most important differences exist in the area of fuel logistics, cost and refueling infrastructure. And […]

Oil Majors Plan to Spend More as Costs Soar

The biggest western oil firms plan to invest much more in finding and producing oil in 2006 than in 2005 but investors and consumers will be disappointed the extra spending has not translated into higher production targets. Last year, as oil prices hit new records above $70 per barrel, politicians demanded the big, integrated oil […]

Don’t Forget the ‘Twin Peaks’ of Oil Production

Peak Oil is the buzzword among oil critics today, describing the point when global gross oil production peaks and starts on its irreversible decline. Although this is an important turn of the tide, we should not forget that net oil for consumption will peak long before peak oil. Possibly it already has. There are two […]

Chevron’s Deepest Well Holds Less Oil Than Forecast

Chevron Corp.’s Knotty Head discovery, the deepest well ever drilled in the Gulf of Mexico, holds about half as much oil and natural gas as originally estimated, said Nexen Inc., a partner in the project. The discovery, announced in December, probably holds the equivalent of 200 million to 500 million barrels of oil, less than […]

Official: OPEC to Review Oil Output Levels

OPEC will make important decisions on oil production levels at its June meeting in Caracas, Venezuela’s oil minister said Wednesday, adding it was too early to say whether Venezuela would recommend a production cut as it did earlier this month. “We expect that, for the next meeting here in Caracas, there will be very important […]

Oil Shale in US West Again Beckons Energy Companies

Big Oil could soon begin trying to melt petroleum on U.S. lands from oil shale, a resource the government says has huge potential but was so pricey to produce in the 1980s that companies walked away from it. Royal Dutch Shell, Exxon Mobil Corp., Chevron Corp. and other companies are completing environmental impact statements on […]

Global warming could melt your portfolio

A coalition of environmentalists and institutional investors lays out which companies will be better prepared for climate change. NEW YORK – Long-term investors, take heed: Global warming will have a significant impact on the financial performance of companies in your portfolio. Some companies — General Electric, DuPont, Cinergy, American Electric Power, BP, Toyota and Honda […]

Radioactive material found under N.Y. plant

High levels of strontium detected in groundwater near Hudson River WHITE PLAINS, N.Y. – High levels of a radioactive material The strontium

Inuit alarmed by signs of global warming

‘Sentries for the rest of the world’ report massive changes to Arctic life PANGNIRTUNG, Canada – Thirty miles from the Arctic Circle, hunter Noah Metuq feels the Arctic changing. Its frozen grip is loosening; the people and animals who depend on its icy reign are experiencing a historic reshaping of their world. Fish and wildlife […]

Oil Prices Fall as Crude Stocks Show Big Fall

Oil prices were little changed Wednesday after a government report said that crude oil stocks declined last week, a surprise to industry observers… Crude oil inventories fell by 1.3 million barrels for the week ended March 17, versus forecasts for a rise of 2.5 million barrels, according to a survey of analysts conducted by Reuters.CNN

Heat from sewage could warm athletes’ village

German technology extracts energy from waste flow and pipes it to buildings Vancouver is seriously looking at tapping into the city’s sewer system to heat the Olympic village’s buildings and water, Tom Osdoba, manager of the city’s sustainability group, told the Vancouver Board of Trade on Tuesday. In developing the 32-hectare site in southeast False […]

Saudi Oil Production Capacity Up; Actual Output Seen Unchanged

Saudi Arabia oil production capacity is about 3% bigger after a new field went into service, the kingdom said Wednesday, but actual output from the world’s biggest oil exporter is expected to continue at around the level seen for the past two years. The kingdom said its production capacity, or the ability to bring oil […]

New fuel standards for big vans, SUVs?

White House considering new standard for SUVs and vans weighing between 8,500 and 10,000 pounds to go into effect by 2011, paper reports. NEW YORK (Reuters) – The Bush Administration is considering imposing fuel economy standards on the biggest vans and sport/utility vehicles, which could go into effect in 2011 and put pressure on struggling […]

Barents Sea Well Fails to Strike Oil

OSLO, Norway – A closely watched oil exploration well project in the Barents Sea was a disappointment, with no recoverable petroleum, the Norwegian Petroleum Directorate said Wednesday. The well was drilled by the state-controlled Norwegian oil company Statoil ASA about 75 miles off Norway’s northern tip. Norway is looking to the Barents Sea for oil […]

Public Sees Alternative Fuels as Wave of Future

Americans divided over which institution should be responsible for developing alternative fuels GALLUP NEWS SERVICE PRINCETON, NJ — With worldwide demand for oil increasing, there are questions about whether the world’s oil supply will be able to meet future demand. A recent CNN/USA Today/Gallup poll shows that most Americans expect oil supplies to eventually run […]

Energy Issue Heats Up With Americans

Americans more concerned than a year ago about nation’s energy supply GALLUP NEWS SERVICE PRINCETON, NJ — Public concern about the United States’ energy supply is up sharply this year. According to Gallup’s annual Environment survey, updated March 13-16, there has been a 10-point increase (from 31% to 41%) in the percentage of Americans rating […]

ENERGY CRISIS: Korean firm sends workers home

NIGERIA – Erratic power supplies by the Power Holding Company of Nigeria (PHCN) and breakdown of its own generating plants have forced a South Korean firm, JustPack Nigeria Limited, to shut down its factory and send one hundred of its workers home until further notice. Vanguard

Oil Osmosis

Once again the heads of the American oil cartel are raising their handsThe simple question the Senate wanted answered was: with an abundance of oil available for refining, and guarantees from our economic allies in the Mideast that they would fill any shortfall created by Iran if the Persians cut off the flow of oil […]

Alternative energy: evaluating our options

Are we running out of oil? No. Are we running out of affordable oil? Probably. We are certainly running out of the cheap oil that has powered the world economy since the 1950s. Those of us who are willing to face reality have begun to search in earnest for alternative energy solutions. There appears to […]

Rabobank urges global central banks to prevent possible dollar plunge

AMSTERDAM (AFX) – Economists at Rabobank have called on the world’s central banks to undertake action to prevent the US dollar from plunging against the euro and other currencies. Citing current ‘instabilities’ such as the US trade deficit and the US national debt in the bank’s quarterly economic review released today, Rabobank economists are urging […]

OPEC’s March Output Falls

OPEC pumped 300 000 barrels per day (bpd) less crude oil in March than February after attacks hit supply from Nigeria, tanker-tracking consultancy Petrologistics said on Wednesday. The Organization of the Petroleum Exporting Countries has pumped 29,7-million bpd to date in March, down from a revised figure of 30-million bpd in February, the consultancy said. […]

The oil is going, the oil is going!

Matt Savinar, 27, once aspired to own a Hummer. He studied poli sci at the University of California, Davis, before going on to get his law degree at U.C. Hastings in San Francisco. He was into bodybuilding. Today, Savinar doesn’t own any car, much less a Hummer, and he doesn’t practice law, although he’s licensed […]

Bulgarian power utility: Balkans facing energy shortfall by ‘10

The Balkans are headed for an electricity shortage of 7,000mWh by 2010 if consumption in the region increases by 3.7% annually country-by-country, shows a forecast of Bulgaria’s national power grid operator NETC. Bulgaria’s industrial consumption will rise by no more than 3-3.8% by 2009 while household consumption will decline on higher tariffs and improved energy […]

George W. Bush and Peak Oil: Beyond Incompetence, by Richard Heinberg

While it would be difficult to create an airtight legal case for impeaching George W. Bush based on his ignoring the very real threat posed by Peak Oil, nevertheless I believe that his actions—and inaction—in this regard constitute dereliction of duty on an unprecedented scale. It is part of the job of leaders to foresee […]

‘Oil anxiety’ mounts among investors

..as countries in the region look to Sudan and prospective investors in the oil sector queue for a slice of the pie, there is a growing concern that the delay in implementation of the comprehensive peace agreement (CPA) signed in January last year, could disrupt the development of the petroleum sector in Sudan. Of great […]

Lufthansa May Say 4th-Quarter Profit Fell on Higher Oil Prices

Deutsche Lufthansa AG, Europe’s second-biggest airline, may say fourth-quarter earnings slumped because of rising fuel costs and slowing travel demand…Lufthansa’s fuel bill jumped about 40 percent each quarter last year, more than at Air France-KLM Group, as oil prices rose, according to Penny Butcher, a London-based analyst at Morgan Stanley who rates the stock “overweight/cautious.” […]

Russia pledges gas pipelines to China

Russia on Tuesday promised to build two natural gas pipelines to China and to become one of the country’s biggest gas suppliers within the next decade. The agreement, signed during a state visit to Beijing by Vladimir Putin, the Russian president, raised fears of shortages of Russian gas in Europe, especially since some of the […]

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