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News from March 2006

Russia is conducting an assertive energy policy

Russia is conducting an assertive energy policy thumbnail

Senior Research Fellow in Russian and Eurasian Studies and International Energy Security Ariel Cohen tells REGNUM about his report on Russia’s control over the economic development of Kazakhstan’s natural resources and answers some other questions.In gas the Americans have very limited prospects. Their key task now is to remain a player in the region, to […]


Solar-thermal power touted as energy solution

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Australian scientists have developed a new form of electricity that could provide all of Australia’s electricity needs in 2020. It has been developed by mixing solar energy, heat and natural gas. In the search to find a cleaner, more efficient form of power, scientists at the Commonwealth Scientific and Industrial Research Organisation (CSIRO) have developed […]


Stupid auto financing tricks

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New car buyers are taking out longer and longer loans to finance their vehicle purchases, according to data from the Consumer Bankers Association. More than half of new car loans made by the group’s member institutions were for five years or longer. That marks the first time that most new car loans have been written […]


Ineffective strategy on energy faces axe

Ineffective strategy on energy faces axe thumbnail

The Government has been forced into another backdown on its plans to curb the use of fossil fuels after a review found its energy-efficiency strategy has been a costly failure. Energy Minister Trevor Mallard and the Greens’ government spokeswoman on energy, Jeanette Fitzsimons, yesterday announced that the four year-old National Energy Efficiency and Conservation Strategy […]


Free trade ‘is not a one-way street’

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The British government and the leading UK business organisation have mounted a two-pronged attack on the US, accusing it of “hypocrisy” for putting up barriers to trade. “The irony of protectionism is that it destroys what it seeks to protect. Free trade is not, and cannot be, a one-way street,” Mr Johnson said. “There can’t […]


Public Companies Discuss Rising Energy Costs and Investing in Green Technologie

Public Companies Discuss Rising Energy Costs and Investing in Green Technologie thumbnail

www.InvestorIdeas.comclickpress


NZ to talk free trade with Arab countries

NZ to talk free trade with Arab countries thumbnail

New Zealand is trying to make another free trade deal, this time with six oil-rich Arab countries, though existing tariffs are already low. The deal got a kick-start last week when Trade Minister Phil Goff visited trading partners Saudi Arabia and the United Arab Emirates. Goff said both countries encouraged New Zealand to enter free […]


Canadian oil may put Wyoming over a barrel

Canadian oil may put Wyoming over a barrel thumbnail

Although Wyoming continues to explore new pipeline projects to support the state’s booming oil and gas industry, competition from the abundant Canadian tar sands may continue to hold down the price of oil in the Rocky Mountains, the head of the Wyoming Pipeline Authority said. Bryan Hassler, executive director of the agency, said that growing […]


Macroeconomic Benefits of Canada

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The expansion of oil sands production is likely to have a small beneficial impact on the Canadian economy. The potential gains in export revenues could result in some upward pressure on the exchange rate, but this is not expected to be large enough to significantly affect non-energy exporters. Rising factor demand from oil sands exploration […]


BP inks Australian biofuels deal

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BP said on Friday it had signed contracts to provide more than 200 million litres a year of biofuels to Australian customers by 2008, taking the national government halfway to its modest biofuels target. BPtiscali


Weekly Offshore Rig Review: Stacking Up

Weekly Offshore Rig Review: Stacking Up thumbnail

This week, worldwide offshore rig utilization held steady at 83%, as 543 of 654 MODUs were under contract. Looking at utilization presents a very good indicator of the level of demand for offshore drilling services over time. But to take a slightly different look at the same trends, we will take a look at what […]


U.S. Army Makes Advancements in Alternative Energy Technologies

U.S. Army Makes Advancements in Alternative Energy Technologies thumbnail

The U.S. Army is at the forefront of alternative energy technology transfer advancements that will improve the capability of America’s military forces. Working alongside industry and academia research leaders, these technology developments will not only support our Armed Forces, but have unlimited commercial applications. Ranging from solar panel power for the individual Soldier, to hydrogen, […]


Rapid Temperature Rise Above the Antarctic

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A new analysis of weather balloon observations from the last 30 years reveals that the Antarctic has the same global warming signature as that seen across the whole Earth greencarcongress


RWE Plans 1 Bln Euro Carbon-Free Coal Power Plant

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RWE plans to invest 1 billion euros ($1.20 billion) in a new coal-fired power plant that will not emit carbon dioxide, the first of its kind in the world, its chief executive said. The company aims to have the 400-450 megawatts plant ready in 2014, Harry Roels said in an article in the Boersen Zeitung.Reuters


No arctic refuge drilling in House budget bill

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Some Republicans join Democrats in opposing Bush strategy WASHINGTON – In a big defeat for the Bush administration, budget legislation in the House of Representatives will not include language to allow oil drilling in Alaska However, strong opposition from about two dozen House Republican lawmakers over putting similar language in the House


Electricity Crunch Looms for British Columbia

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Electricity gap is a threat to B.C.’s energy future; Hydro options include coal-fired power generation BC Hydro threw open the doors Wednesday to public debate about a radical reshaping of the province’s electricity mix by acknowledging that a coal-fired generation plant could be on the horizon. Hydro chief executive officer Bob Elton said the Crown […]


Fuel costs alter America

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Dealers report lower SUV sales as government increases mileage standards WASHINGTON – At South Towne Motors in Atlanta, Adam Merlin sells everything from Hyundais to Hondas to Hummers. In the last few months, there’s been a dramatic customer shift away from the gas guzzlers. Now, for the first time ever, the government is ordering light […]


The Oil Drum: Senate FR Cmte ”The Hidden Cost of Oil” Released

The Oil Drum: Senate FR Cmte ”The Hidden Cost of Oil” Released thumbnail

The Senate Foreign Relations Committee, chaired by Richard Lugar (R-IN), has just released its hearing transcript on “The Hidden Cost of Oil.” Witnesses called included: Milton R. Copulos (.pdf), President, National Defense Council Foundation, Alexandria, VA Dr. Hillard Huntington (.pdf), Executive Director, Energy Modeling Forum, Stanford University, Stanford, CA Dr. Gary W. Yohe (.pdf), John […]


Coal Shortage Causes Increase in Energy Costs

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David Neufeld, Jeffrey Energy Center Manager, pays energy bills like the rest of us, but he also happens to run the energy plant that powers nearly half of Westar’s customers. Neufeld said fewer trains pulling in unloading coal is a cause for concern. “We’re forced to conserve coal here and buy or burn something more […]


Power Shortage Looms in S.C.

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South Carolina could face major electrical blackouts in the next decade unless Santee Cooper builds additional power plants, officials with the state-owned utility said Monday. The power need of the stateCharlotte Observer


OPEC Exports +190,000B/D in 4 Wks to Apr15

OPEC Exports +190,000B/D in 4 Wks to Apr15 thumbnail

The Organization of Petroleum Exporting Countries’ seaborne crude oil exports are expected to rise by 190,000 barrels a day in the four-week period to April 15 compared with the previous four-week period, leading tanker tracker Oil Movements said Thursday. Oil Movements said the rise to 25.04 million b/d was due to anticipation of the end […]


Oil above $66 after Iran defies U.N. call

Oil above $66 after Iran defies U.N. call thumbnail

LONDON – Oil climbed further above $66 on Thursday, toward its $70 record, after Iran rejected a U.N. Security Council demand that it halt uranium enrichment. “There’s got to be a crunch point over Iran,” said Geoff Pyne, an independent oil analyst. “At the end of the day Iran is intent on uranium enrichment and […]


Companies going green with energy alternatives

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High cost of fossil fuels sparks efforts to identify savings, new markets With rising energy prices squeezing profits, corporate managers are looking for alternatives. And there are signs that conservation measures The potential savings are huge. Industrial use accounts for about a third of energy consumed in the U.S., according to Energy Dept. estimates. And […]


Fuel prices may pinch farmers

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…the volatility of fuel costs are driving farmers to lock in their fuel prices at the Middleton Co-op, said petroleum manager Ladd Pettit. At $2.40 per gallon Tuesday, diesel is up between 40 and 50 cents at the co-op from last year’s planting season, Pettit said. But farmers are still willing to lock in those […]


Reserves raided for fuel costs

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CHICOPEE – Municipal departments are continuing to raid other parts of their budgets or tap into the city’s cash reserves to keep up with the high cost of fuel this year. The Public Library raided payroll accounts last week to come up with an additional $10,000 to cover utility costs, according to Director Nancy M. […]


Deep Sustainability: Building Communities that Actually Work

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2006/04/17 06:30 pm Bill McKibben Tishman Auditorium 66 West 12th Street, New York City This lecture is co-sponsored by the Department of Architecture, Parsons The New School for Design. Bill McKibben writes widely on issues of the environment and the way we live. In 1989, he published The End of Nature, an early account of […]


Peak Oil Investments Will Contribute to the Development of Alternate Energy

Peak Oil Investments Will Contribute to the Development of Alternate Energy thumbnail

Personal investments based on the concept of Peak Oil will encourage research and development of alternative energy sources while helping individuals prepare for global economic weakness. The article outlines the possible impact of Peak Oil on different asset classes, such as stocks, bonds, and real estate. Atlanta, GA — Peak Oil can be an overwhelming […]


Ethanol shortage could up gas prices

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Gasoline prices will be unusually high and shortages might occur this summer, because the U.S. ethanol industry can’t keep up with the demand for fuel-grade alcohol to mix with gasoline, the head of the U.S. Energy Information Administration told a Senate committee Wednesday. Merely “short-term challenges,” countered Bob Dinneen, president of the Renewable Fuels Association, […]


U.K. Natural-Gas Prices Fall as New Fields in North Sea Start Production

U.K. Natural-Gas Prices Fall as New Fields in North Sea Start Production thumbnail

Natural-gas prices for delivery in April declined in the U.K., Europe’s biggest consumer of the fuel, as two new North Sea fields are due to start sending gas to the mainland. Gas for delivery in April at the National Balancing Point, the main U.K. trading hub, fell 2.2 percent to 47.9 pence a therm at […]


South Africa: Power Cuts Trouble Mining Industry

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BHP Billiton, the world’s biggest miner, may delay expansion in South Africa because the country is running out of cheap and abundant electricity. Power cuts this year in Johannesburg and Cape Town, the country’s largest cities, shut oil refineries, halted textile mills and plunged millions of homes into darkness. “We got caught out,” said Alec […]


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