Brazil leading the world in using ethanol

SAO TOME, Brazil While Bush set 2025 as the target date for replacing three-fourths of the oil imported from the Middle East with American ethanol, Brazil already satisfies nearly half of its domestic passenger vehicle fuel demand with ethanol. After decades of government intervention and subsidies, the industry here is a thriving free market business, […]

75% of GDP eaten up by BPC

BANGLADESH – The International Monetary Fund (IMF) continues to press Bangladesh to readjust fuel price and has set it as one of the preconditions for the fifth Poverty Reduction and Growth Facility (PRGF) review that will pave the way for another US$70.43 million loan, sources said. The losses from fuel prices is undermining the financial […]

Musharraf: Govt committed to develop agriculture, industrial sector

JEHLUM – President General Pervez Musharraf has said that government is committed to develop agriculture and industrial sector. …He said that soaring international oil prices are contributing to inflation in the country and the government is spending billions of rupees to minimize its impact on the common people. He assured that the government was working […]

Green Party has ”deep misgivings” over Severn Barrage scheme

The Green Party said this week it has “deep misgivings” about the scale of the huge Severn Barrage being planned between Brean Down and Wales. In a statement issued on Friday, the Green Party welcomed the bid to draw energy from the tides of the Bristol Channel, saying that it will put the “looming energy […]

Inflation in Zimbabwe soars to all-time high of 782 percent

HARARE, Zimbabwe – Like something out of pre-war Germany, inflation has shot out of sight in Zimbabwe. Trade unions in that African nation say the average worker is making the equivalent of 50 to 60 U-S dollars a month, but needs 90 just to meet basic food needs. Zimbabwe’s office of statistics said today that […]

Fuel surcharge will raise prices

GUAM – From the canned goods on store shelves to the furniture displayed in showrooms, the prices of many goods shipped to Guam will go up with the latest increase in the fuel surcharge announced yesterday by Matson Navigation Co. Shipping companies levy fuel surcharges to help offset fuel-related costs. Matson will raise its fuel […]

The False God of Uranium

‘Even if nuclear power were free it wouldn’t be worth the risks’ It’s one of the most extraordinary global image makeovers the world has ever seen. Three decades ago the Chernobyl power plant disaster in the Ukraine was the dirty, ugly face of nuclear energy. Governments everywhere retreated so fast from nuclear power that the […]

Gaiaoo – A New Global Warming and Energy Crisis Initiative

Gaiaoo It is generally accepted that we are a wasteful society and this is partly due to lack of choice. What Gaiaoo does is provides the technology which will enable individuals to be informed of a local alternative. If you have access to the Internet then this service is free. There have been various proposals […]

The Future of Natural Gas Pricing Could Be a Trans-Atlantic Tug of War

JUST when natural gas prices seemed likely to hit the moon this winter, much of the United States had the warmest January in history. With gas inventories high, prices plunged. Natural gas is now unusually cheap relative to oil. United States natural gas is also cheap relative to gas in Britain, and traders think that […]

Energy secretary: Need ethanol sources other than corn

KANSAS CITY, Mo. – U.S. Energy Secretary Samuel Bodman said Friday that more research is needed for making ethanol out of such things as wood chips because the country will eventually run into supply problems with corn. Speaking to a meeting of the Greater Kansas City Chamber of Commerce, Bodman said the ethanol industry now […]

OPEC Exports to Fall 2% ‘In 4 Weeks to March 25′

OpecGulf Times Newspaper

Iran Threatens to Use Oil in Nuke Standoff

Iran threatened Saturday to use oil as a weapon if the U.N. Security Council imposes sanctions over its nuclear program. The nation’s interior minister raised the possibility of using Iran’s own oil and gas supplies and its position on a vital Persian Gulf oil route as weapons in the international standoff.Guardian Unlimited

Banks File Bankruptcy Suit Vs. Yukos

Creditor banks have filed a suit seeking to have the troubled Russian oil company Yukos declared bankrupt, court officials said Friday, potentially threatening the survival of Russia’s former No. 1 crude producer. The Moscow Arbitration court accepted the request to hear the case, Yukos spokeswoman Claire Davidson said.MSN Money

China Urged to Cut Back on Oil Exports

China should beef up its maritime oil transport capacity and cut back on exports of crude oil to help ensure stable supplies, officials said in reports published Saturday. China’s oil shipping capacity of 12 million deadweight tons lags far behind Japan’s, at 37.5 million deadweight tons, and that of the United States, at 29 million […]

Bartlett to Appear in Documentary About Oil Demand

U.S. Rep. Roscoe Bartlett never spares words in his fight to prevent an American energy crisis, but the platform for his views on “peak oil” will jump from the House floor to the silver screen this weekend. Bartlett, R-Md., appears in the film “OilCrash,” which will have its world premiere today at the South by […]

Pakistan’s energy needs increasing by 10-12 % per annum: PM

Underlining the vital link between energy sources and the momentum of growth, Prime Minister Shaukat Aziz said Friday, Pakistan’s energy needs are increasing by 10-12 per cent per annum. The government is trying to increase the energy capacity of the country both by developing the indigenous resources and increasing import, he said while talking to […]

Energy efficiency lost in translation

Europeans have been building and marketing energy-efficient homes for years, and they have some valuable lessons in construction and design to offer the fledgling U.S. passive home industry. But a problem similar to the inability to use European appliances in the United States exists in passive energy homes as well. U.S. and Canadian builders are […]

S.Africa eyes new energy sources to meet GDP goal

South Africa will need an extra 25,000 megawatts of energy between 2010 and 2024 should the economy reach the government’s targeted 6 percent annual growth rate, the energy minister said on Friday. President Thabo Mbeki’s government aims to lift GDP growth to at least 6 percent by 2010, demanding massive investment to upgrade ageing electricity […]

Russian energy summit seeks to chart new era

Global energy security will be the focus of a summit of top producers and consumers in Moscow next week, with prospects for a new era of international cooperation clouded by political rows and vested interests. Russia hosts energy officials from the Group of Eight nations, the OPEC oil export cartel and the booming economies of […]

Ukraine to boost nuclear energy development: PM

Ukraine will launch a new strategy next week, placing a greater emphasis on nuclear energy development by 2030, said Prime Minister Yuriy Yekhanurov on Friday. Safeguarding the country’s energy security tops the government’s agenda at the current stage, Ukraine’s Interfax news agency quoted the prime minister as saying. There are five nuclear power stations in […]

Rising oil prices major factor in trade deficit hitting record high

Rising oil prices and Americans’ seemingly insatiable appetite for foreign goods — from Chinese clothing to French wine and Japanese cars — sent the U.S. trade deficit to another record. The Commerce Department reported Thursday that the deficit jumped to $68.5 billion in January, 5.3 percent more than in December. Analysts had expected the trade […]

China eyes Canada’s oil sands

China’s burgeoning energy needs have led the developing country to the western shores of resource-rich Canada, where abundant supplies of oil, natural gas and valuable minerals lay undisturbed deep beneath the frozen soil. China’s evolving energy strategy, however, focuses primarily upon a relatively unknown hydrocarbon resource — Canada’s vast, untapped oil sands deposits, found primarily […]

Fixing Powercrisis Without Running Water

Jerry Oluk is a busy sales executive. One of his prized possessions is a sleek top-of-the range mobile phone. Unfortunately Jerry is constantly “off air” because he cannot recharge his phone. Uganda is suffering one of the worst water and power crisis in its history and it is having a crippling effect on all aspects […]

China frets over nuclear ‘double standard’

While reporting Tehran to the Security Council is being executed in the name of preventing nuclear proliferation, China has voiced fears that the whole non-proliferation system has been destabilized by the freshly inked nuclear deal between the United States and India. ..Although China has huge oil stakes in the Middle Eastern country, in recent months […]

Plan for New Nuclear Programme Approaches Meltdown

Tony Blair’s backing for nuclear power suffered a blow yesterday [6th March] when the Government’s own advisory body on sustainable development came down firmly against the building of a new generation of reactors. Despite the Prime Minister’s well-known support for the nuclear industry, the Sustainable Development Commission (SDC) concluded that a new nuclear programme was […]

National Database of Incentives for Energy Efficiency

Over the past 10 years, the national Database of State Incentives for Renewable Energy (DSIRE) has become the one-stop source of information about government and utility renewable energy incentives and policies. DSIRE has now expanded to include state and federal incentives for energy efficiency upgrades, purchases of energy efficient products or systems, and construction of […]

Wise up to nuclear folly

Nuclear power is often described as a big, fast, and vital energy option greenfutures

Spinning Pollution Into Gold?

Power generation is a dirty business no matter what you do. Oh, sure, solar and wind power are clean, but we’re a long away from a point where they’ll represent a substantial part of our day-to-day power needs. And given the sometimes-outsized paranoia about nuclear power, most of our energy comes, and will continue to […]

Canada sets sail with wind power

A new Manitoba wind power company announced March 8 it’s developing eight wind farms across the province at a cost of $1.5 billion. The initial capacity of the project is 700 megawatts with potential capacity of 1,400 megawatts, enough energy to power between 500,000 and 700,000 homes. grandforks

Oil and Gas

Has there been a structural shift in market fundamentals that points to a substantially higher and sustainable price for the oil market? Does the substantially higher price include a $100 per barrel oil? If so, when and how will it affect the economy? If prices go that high, should we open the Strategic Petroleum Reserve […]

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