Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


News from March 2006

Nigeria military battles oil militants

Nigeria military battles oil militants thumbnail

WARRI, Nigeria (AP) — A Nigerian militant group holding three foreign oil workers hostage said its fighters clashed with troops in this West African nation’s oil-rich delta region. A military spokesman, Maj. Said Hammed, on Thursday confirmed the exchange of fire Wednesday with armed men on the Escravos River, but he gave no further details.CNN


Power from the people

Power from the people thumbnail

The energy minister is doing it. David Cameron’s doing it. People are blogging it. Is DIY power generation going to be the next big thing? And the Climate Change and Sustainable Energy Bill, which is facing its final parliamentary hurdles when it comes before the Commons on Friday, has got all-party support to promote “micro-generation”, […]


Senate Committee Approves Oil, Gas Drilling Off Florida’s Coast

Senate Committee Approves Oil, Gas Drilling Off Florida’s Coast thumbnail

The Senate Committee on Energy and Natural Resources adopted legislation Wednesday that would open 2.9 million acres of the eastern Gulf of Mexico off the coast of Florida to oil and natural gas drilling. The legislation specifically orders the Interior Department Secretary to open 2.9 million acres of a portion of the Gulf known as […]


Water policy ‘fails world’s poor’

Water policy ‘fails world’s poor’ thumbnail

Almost 20% of the world’s population still lacks access to safe drinking water because of failed policies, an influential report has concluded. Changes to the global climate were also having an impact. The report found that many regions’ river and groundwater levels were falling because of lower rainfall and higher evaporation rates. BBC


Scientists Working Toward Better Batteries

Scientists Working Toward Better Batteries thumbnail

As more and more people rely on cell phones, laptop computers, personal organizers, and even hybrid electric-gas vehicles, scientists are working to develop rechargeable batteries that are ever smaller, cheaper, lighter, safer, and longer-lasting. At the National Synchrotron Light Source, a collaboration of scientists is deeply involved in this effort. They are investigating a group […]


Scientists Work To Hike Ethanol Production

Scientists Work To Hike Ethanol Production thumbnail

Iowa State University scientists say they are working to create chemical catalysts that would increase the yield of fermentable sugars from corn. Brent Shanks, an Iowa State associate professor of chemical and biological engineering, says such chemical catalysts might boost ethanol production by as much as 15 percent. postchronicle


Z machine exceeds two billion degrees Kelvin

Z machine exceeds two billion degrees Kelvin thumbnail

Sandiaphysorg


The Planet Can’t Wait

The Planet Can’t Wait thumbnail

The warnings are coming from frogs and beetles, from melting ice and changing ocean currents, and from scientists and responsible politicians around the world. And yet what is the U.S. government doing about global warming? Nothing. That should shock the conscience of Americans. Usually, America’s political antics are forgivable, but not on this issue. As […]


Galleon Announces Sweet Light Oil Pool Discovery

Galleon Announces Sweet Light Oil Pool Discovery thumbnail

Galleon Energy has made a major light sweet oil discovery in the Puskwa, Alberta, area of Peace River Arch. The second well (100% interest), located at 16-32-71-26W5M, was drilled three miles from the 13-11 well with rig release on March 1, 2006. This well was drilled to a total depth of 10,354 feet and encountered […]


US Senator Mulls Plan to Rein in Big Oil, OPEC

US Senator Mulls Plan to Rein in Big Oil, OPEC thumbnail

With the chiefs of big U.S. energy companies headed to Capitol Hill next week to discuss record profits, a key U.S. Republican senator is weighing a plan to discourage mergers and profiteering. Senate Judiciary Committee Chairman Arlen Specter of Pennsylvania is drawing up legislation that would boost federal authority to block oil and gas mergers […]


U.S. Trade Deficit Widens to Record

U.S. Trade Deficit Widens to Record thumbnail

The U.S. trade deficit widened to another record in January, the government reported Thursday, as the strengthening American economy attracted a surge of imported cars, household goods and petroleum products. Americans imported $68.5 billion more in goods and services than they exported at the start of the year, up 5.3 percent from December, the Commerce […]


Ways to Mitigate Air Pollution from Freight Transportation along I-95

Ways to Mitigate Air Pollution from Freight Transportation along I-95 thumbnail

The congested I-95 corridor from Maine to Florida will be the focus of a study analyzing the economic and environmental tradeoffs of different modes of freight transportation. Moving freight domestically via barge, rail, trucks or combinations of all three is expected to increase dramatically in volume by 2020, according to the Federal Highway Administration, which […]


‘Nuclear energy is necessary to meet our nation’s energy needs”

‘Nuclear energy is necessary to meet our nation’s energy needs” thumbnail

thewatt


Geothermal Power Plant Expands in New Zealand

Geothermal Power Plant Expands in New Zealand thumbnail

With the recent opening of the Tuaropaki Power Company (TPC) for the Mokai Geothermal Power Station extension, accompanied by congratulations from the New Zealand Geothermal Association, TPC’s Mokai becomes the sixth largest electricity generator in New Zealand, with the ability to generate almost 2% of New Zealand’s total electricity requirements. Many other geothermal fields in […]


Many Damaged Gulf Oil Rigs Won’t Be Repaired

Many Damaged Gulf Oil Rigs Won’t Be Repaired thumbnail

Much of the oil and natural gas production still shut-in after last year’s hurricanes in the Gulf of Mexico will stay offline because it would not be economical for companies to rebuild the production platforms, Energy Secretary Sam Bodman told Congress today. About 255,000 barrels per day in crude oil production and 400 million cubic […]


Renewable Energy: Blowing in the Wind

Renewable Energy: Blowing in the Wind thumbnail

Aspen Ski Company, which owns four ski mountains and two hotels in Colorado, just greenlighted a plan to convert entirely to green energy. Starting this June, 100 percent of Aspen’s operations Aspen’s purchase illustrates a small, but growing, trend: voluntary corporate support of renewable energy. Other companies that purchase large blocks of renewable energy include […]


Norway: Feb Oil Output Dn 18% on Year at 2.46 Mln B/D

Norway: Feb Oil Output Dn 18% on Year at 2.46 Mln B/D thumbnail

Norwegian crude production in February was down 18%, or 528,000 barrels a day, compared with February 2004, the Petroleum Directorate said Thursday. February crude production totaled at 2.46 million b/d, compared with 2.988 million b/d in the same month of 2004. “There’s no doubt that most of the fields on the Norwegian Continental Shelf are […]


Hybrids: Save gas, lose money

Hybrids: Save gas, lose money thumbnail

Consumer Reports says hybrid cars will lose value faster than other cars. Are they right? NEW YORK – Buying a hybrid will save you money on gas…but you might still come out behind. One of two main reasons, according to a recent analysis by Consumer Reports, is an additional cost that has typically been treated […]


Happy Birthday, Peak Oil! M. King Hubbert tribute

Happy Birthday, Peak Oil!  M. King Hubbert tribute thumbnail

Peak Oil turns 50! March 8, 2006 marks the fifty year anniversary of M. King Hubbert’s seminal speech in which he accurately forecasted the 1970 peaking of United States oil production. Few heeded Hubbert’s warning and many, including the United States Geological Survey, actively sought to discredit his work. The lack of preparation on the […]


Ireland vulnerable to energy crisis – IBEC

Ireland vulnerable to energy crisis – IBEC thumbnail

In response to the new EU Green Paper on Energy Policy published today business group IBEC said Ireland is more vulnerable than any other country in Europe to a future energy crisis. IBEC said this is due to a lack of national energy strategy, a high reliance on imported energy and inadequate infrastructure. The Business […]


Fuel prices up in Warri

Fuel prices up in Warri thumbnail

WARRI Vanguard’s investigations revealed that in places like Obiaruku, a litre of kerosene (DPK) sells for as much as N80.00 per litre while diesel (AGO) goes for as much as N100.00 per litre. In Warri and Effurun, kerosene is sold at N100.00 per litre and N125.00 per litre for diesel, respectively in some filling stations […]


The Reality Of India-US Nuclear Deal

The Reality Of India-US Nuclear Deal thumbnail

The deal has come through at a time of soaring petroleum prices and also when the threat of peak oil has come to be accepted as a reality by trade pundits. The last decade saw the growing economies of India and China putting pressure on the global supply of fossil fuels consuming ever larger quantities. […]


IMF recommends that Bangladesh raise fuel prices

IMF recommends that Bangladesh raise fuel prices thumbnail

DHAKA – The International Monetary Fund has asked aid-dependent Bangladesh to raise state-regulated fuel prices to ease pressures on the economy, although suggestions of such a move have recently sparked protests. Both the IMF and the World Bank have been pressing impoverished Bangladesh to cut fuel subsidies — meaning a rise in retail prices — […]


In Fight Over Oil-Rich Delta, Firepower Grows Sophisticated

In Fight Over Oil-Rich Delta, Firepower Grows Sophisticated thumbnail

Militants Holding Foreigners in Nigeria Tap Support Among Poor PORT HARCOURT, Nigeria — People steeped in the bloody history of the Niger Delta recall when militants battling for control of the vast oil reserves here traded their fishing spears and machetes for locally made hunting guns and then, a few years later, upgraded to imported […]


50 Years After Hubbert

50 Years After Hubbert thumbnail

Derided at the time, legendary geophysicist correctly predicted U.S. oil production peak; new chart shows “Hubbert’s Peak” for the world is arriving on schedule. SAN FRANCISCO, CA — SF Informatics joins geologists and citizens worldwide in celebrating the 50th anniversary Marion King HubbertOne of those geologists is Colin Campbell, a leading authority on


Summer gas prices will rise, government says

Summer gas prices will rise, government says thumbnail

High crude costs, strong demand, refinery changes will all contribute WASHINGTON – U.S. consumers will face high gasoline prices this busy summer driving season and should expect to pay more than $2.50 a gallon at the pump, the government


Cheap Hydrogen Fuel

Cheap Hydrogen Fuel thumbnail

Among the many daunting challenges to replacing fossil fuels with hydrogen is how to make hydrogen cheaply in ways that don’t pollute the environment. Splitting water molecules into hydrogen and oxygen using electricity from energy sources such as wind turbines is one possibility — but it’s still far too expensive to be widely practical. Now […]


The coming resource wars

The coming resource wars thumbnail

It’s official: the era of resource wars is upon us. In a major London address, British Defense Secretary John Reid warned that global climate change and dwindling natural resources are combining to increase the likelihood of violent conflict over land, water and energy. Climate change, he indicated, “will make scarce resources, clean water, viable agricultural […]


Why Europe must act collectively on energy

Why Europe must act collectively on energy thumbnail

by Javier Solana Energy security has shot to the top of the European and wider international agenda. It is easy to see why. Europe will be importing a growing amount of its energy needs from abroad. We already rely on external sources for 50 per cent. Most estimates suggest this will rise to 90 per […]


Burned by oil: Alberta’s petroleum prosperity leaves many businesses starving

Burned by oil: Alberta’s petroleum prosperity leaves many businesses starving thumbnail

Jonathan Avis has increased his staff’s wages 20 per cent in the past year and still can’t find enough people to maintain optimum production at his food company. And if that isn’t hard enough to swallow, another company recently recruited his mechanical superintendent, the key person who kept the production line humming. Saxby Foods is […]


« Previous PageNext Page »



Oil News Categories


Recent Board Topics


Archive


LATEST NEWS HEADLINES


PO Real Time

No tweets available