Stars, not greenhouse gases, are heating up the Earth. So says prominent University of Ottawa science professor Jan Veizer. He knows challenging the accepted climate-change theory may lead to a nasty fight. It’s a politically and economically loaded topic. Yet, he is speaking out about his published research. “Look, maybe I’m wrong,” he said. “But […]
There are numerous issues to resolve on the path to the possible future widespread application of hydrogen as a vehicle fuel, but of those, the lack of an appropriate storage system currently appears not only to be a barrier, but the area that has proven the least tractable. greencarcongress
The Netherlands wants to provide sustainable energy to 10 million people in developing countries by 2015. That commitment by Dutch Development Minister Agnes van Ardenne seeks to address a small part of the global problem. An estimated 2 billion people have no access to electricity or other modern forms of energy, and some 3 billion […]
A dramatic but realistic proposal by the Space Island Group (SIG) for space-based solar energy fields has caught the eye of Time Warner’s Business 2.0 (B20) magazine. The national publication’s March 2006 issue highlights SIG’s plan as part of its cover story, “An Entrepreneur’s Guide to the Galaxy,” (attached) which reviews the exploding number of […]
We will have some tough choices to make in the coming years, not just with transportation fuels, but also with electric generation. All energy fuel is linked together in either as a direct input into the production / distribution of other types of energy or as a substitute for another form of energy. That’s why […]
High oil prices have helped slow the North Sea’s decline. Government flip-flopping could accelerate it again NOBODY disputes that Britain’s part of the North Sea is past its prime. Oil and gas production peaked at 4.5m barrels a day in 1999 and has fallen steadily ever since, to 3.3m now (see chart). Yet in Aberdeen, […]
Mexico’s giant Cantarell oilfield, which has financed government spending and held down U.S. gasoline prices for 20 years, is facing a production decline, a prospect that could heighten U.S. dependence on Middle East oil. An internal report from Mexico’s state-owned oil company, leaked last month, said water and gas were seeping into the massive offshore […]
A recovery in Iraqi volumes boosted OPEC production by 240,000 b/d to 29.92 million b/d in February from 29.68 million b/d in January, a Platts survey of OPEC and oil industry officials showed March. The biggest single increase came from Iraq, whose overall supply rose to 1.79 million b/d from 1.53 million b/d in January. […]
WASHINGTON (CNN) — Although Americans don’t believe the country faces an imminent energy crisis, most believe there are “major problems” — from potential oil shortages to possible terrorist attacks — and they are harshly critical of the leadership on the issue from the White House, according to a new CNN/USA Today/Gallup poll. Despite President Bush’s […]
Geopolitical conflicts have obvious effects on the world’s supply of oil & natural gas. Mostly, such conflicts are discussed in the context of the Middle East, Russia as a supplier or West Africa. However, there is an underpublicized set of conflicts in the maritime areas of East Asia over who owns the development rights to […]
Energy investors are smiling. Crude prices are skyrocketing, energy companies are enjoying record earnings, and share prices are climbing. But those smiles may be gone soon. Big oil profits may not last. Record energy prices have diverted attention from the oil industry’s dirty little secret: Production is falling and reserves are on the decline. Rather […]
(CNN Student News) — Set your VCR to record the CNN Presents Classroom Edition: We Were Warned: Tomorrow’s Oil Crisis when it airs commercial-free on Monday, March 20, 2006, from 4:00 – 5:00 a.m. ET on CNN. Program Overview It is September 2009. A Category 5 hurricane roars through Houston, destroying oil refineries, drilling platforms […]
WASHINGTON At the conference, officials from BP, the company pumping the oil, and from the Alaska Department of Environmental Conservation said they believed that the oil had escaped through a pinprick-size hole in a corroded 34-inch pipe leading to the Trans-Alaska Pipeline System. The pressure of the leaking oil, they said, gradually expanded the hole […]
LITTLE ROCK – Customers of Arkansas’ largest electric utility would see a nearly 10 percent jump in their monthly electric bills this year if state regulators approve the rate adjustment request that Entergy Arkansas filed Wednesday. Entergy cited unusual circumstances, including two Gulf Coast hurricanes, nuclear plant shutdowns and a record spike in natural gas […]
Business leader feels that depoliticizing energy issue is the key to solving it SANTO DOMINGO.- The president of the National Business Council (CONEP) warned that the energy system The business leader feels that depoliticizing the issue of energy is the key for solving the problem that has affected the country during 4 decades. In that […]
NEW ORLEANS – High oil and natural gas prices figured heavily Wednesday as petroleum exploration companies put up $588.3 million in winning bids for 405 offshore tracts off the coasts of Louisiana, Mississippi and Alabama. The figure far exceeded last year’s auction by the U.S. Minerals Management Service when $342 million in winning bids were […]
SAN FRANCSICO (MarketWatch) — Murphy Oil Corp. trimmed its daily oil production outlook Wednesday, citing lower output from a problematic offshore field in Canada and further delays restoring output at a hurricane-damaged facility in the Gulf of Mexico. Murphy said it now expects to produce the equivalent of about 110,000 barrels of oil a day […]
FRANKFURT – Germany has approved a second offshore wind energy project in the Baltic Sea with 330 megawatt (MW) capacity, the relevant authority BSH said on Wednesday. “BSH has given permission to Arkona Windpark Entwcklungs GmbH of Stralsund to build an 80 turbine park and a platform for meteorological measurements 35 kilometres north-east of the […]
A grim view of the nation’s energy future, and its implications for the military, emerges in a just released report by the U.S. Army Corps of Engineers. “The days of inexpensive, convenient, abundant energy sources are quickly drawing to a close,” says the report, titled “Energy Trends and Their Implications for U.S. Army Installations.” It […]
Americans continue their march away from congested and costly areas halfway through the decade, settling in more remote counties even if it means longer commutes, according to Census population estimates released Thursday. ( Some of the fastest-growing counties in 2005 lie on the farthest edges of large metropolitan areas, stretching the definition of “exurbs” to […]
The Australian black coal industry will commit $300 million over the next five years to advance technologies to cut greenhouse emissions. The package, expected to be announced today, will involve the electricity generation industry demonstrating the effectiveness of a range of cutting edge technologies. The technologies include the permanent underground storage of carbon, and oxy-fuel […]
Brazil’s plans to dam two rivers in the Amazon basin to generate power threaten a treasure trove of animals and plants in a region with one of the world’s richest arrays of wildlife, environmentalists say. The government wants to harness the vast hydroelectric potential of the Madeira and Xingu rivers in multibillion dollar projects meant […]
The opening of the Tehran bourse has been described by a Bulgarian university professor named Krassimir Petrov as ”the ultimate nuclear weapon that can swiftly destroy the financial system underpinning the American empire”. Both Petrov and William Clark, writing in a publication called the Energy Bulletin, have suggested that the decision by US President George […]
..In 2005, the United States had a $1.6 billion surplus on income flows and a $58.0 billion surplus on trade in services. Even together, however, these were hardly enough to offset the massive $781.6 billion deficit on trade in goods. The trade deficit for petroleum products was $229.2 billion last year, up from $163.4 billion […]
A new survey shows a major surge in developing geothermal power projects in the U.S. Some 45 projects are underway that could nearly double U.S. geothermal power output according to the Geothermal Energy Association (GEA) — the industry trade group. The U.S. had 2,828 MW of geothermal power capacity on-line in 2005. The survey identified […]
Global Climate and Energy Project (GCEP) Director Franklin M. Orr Jr. announced several new research programs and two one-year exploratory research efforts totaling close to $8 million at Stanford and outside the university. The new research activities will focus on solar energy, biohydrogen generation, advanced combustion, and geologic storage of carbon dioxide. Investigators will use […]
There is a joke doing the rounds about the Russian gas monopoly: how did they put out the Olympic flame after the Turin Winter Games? Gazprom turned off the tap. It would be funnier if it were not so close to the bone. In the depths of Gazprom’s headquarters — a blue glass and granite […]
Bruce Phillips puts the situation starkly. “For a small company, New Zealand is geologically and commercially a far better bet than Australia for oil and gas exploration.” Phillips’ company, Australian Worldwide Exploration, is among 10 Australian-based companies that see the rapid decline of New Zealand’s Maui gasfield as providing good commercial opportunities. ..New Zealand is […]
President Bush’s belated admission that we are addicted to oil is correct in part, but does not go far enough. We will have to break the addiction, not just to Middle Eastern oil, but to all oil, and sooner than expected. If we deal with the other parts of the energy dilemma he didn’t address, […]
Wave energy could power thousands of homes via the national grid by 2020, it was claimed today. And a new wave energy test site a mile and a half off the Irish coast could eventually place the country among the world leaders in the industry. The first wave energy generator Wavebob is currently at Galway […]
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