The axis of oil: China and Venezuela

China is forging new links with Latin America. But the impact of its “south-south strategy” is more complex than the rhetoric of solidarity and progress suggests. The Chinese are coming. In no part of the world is this more evident than Latin America, where a series of trade agreements, infrastructural investments and bilateral visits over […]

Viewpoint: The perplexing problems of peak oil and gas

The temporary drop in gasoline prices is leading a number of people astray. A writer for Bloomberg.com has declared “The oil crisis is over.” That may be very comforting, but the assertion also is very wrong. Gasoline prices are not down to stay. The Bloomberg scribe did not take into account several things before he […]

Iran’s oil exports in danger due to rising Ahwaz unrest

Oil pipelines supplying Abadan with crude caught fire on Tuesday night in what some believe was an act of sabotage coinciding with weeks of unrest among Ahwazi Arabs… “Disruptions to oil supply in Ahwaz on a scale seen in the Niger Delta will have global economic and political implications. Any major attack on Abadan refinery, […]

Military Looks for Ways to Trim Soaring Energy Costs

Spurred by a 57% increase in fuel costs, the Pentagon is speeding up its efforts to save energy and develop new sources of power. During the last budget year, the Pentagon’s fuel bill hit $7.4 billion, a jump of more than $2.7 billion from fiscal 2004. Fuel costs were pushed higher by developing nations’ increased […]

The Peak Oil Crisis: Rationing By Price

We are all getting used to the pattern of oil cycling around $60-65 per barrel as it has since just after the hurricanes last fall. Many analysts are attributing what we think of as high prices mostly to geopolitical instability. They may have a point. There are least five political situations in the world Falls […]

Feds Call For Halt This Season Of Salmon Fisheries Off Coast

Federal fish managers on Tuesday said both commercial and sport salmon fishing from California to Oregon must not be allowed this season. If taken, it would be the first time for such a widespread closure — one that would devastate coastal fisheries and make ocean-caught salmon scarce to the retail buyer.The Oregonian

Colliding Plasma Toroid Clean-Energy Breakthrough

EPS has discovered a new, high-density plasma toroid that remains stable in atmosphere with no need for external magnetic field confinement. MIT scientists have independently confirmed the plasma toroid discovery and have co-patented it. Based on early calculations, the company projects that this breakthrough neutron-tube technology has the potential to reduce the fuel input for […]

Renewable Energy Trends 2006

In 2000 the solar photovoltaic industry was a $2.5 billion business; wind power was $4 billion. In five years both have grown worldwide to in excess of $11 billion each. While still dwarfed by Exxon Mobil’s $36 billion net profits in 2005, renewable energy is no longer an “alternative” energy source, but as the president […]

Exxon Mobil plans over 50 major new oil, gas projects

Exxon Mobil Corp. plans to start up more than 50 major oil and gas producing projects around the globe over the next four years and bring on as many new barrels as a major OPEC producer, company executives said today. These new upstream projects, from the Caspian Sea to the deepwater Gulf of Mexico, could […]

End of the Hydrocarbon Age

It seems that “Big Oil” is beginning to look at scenarios that have alternative energy sources to oil and gas. Four and a half years ago, two of the three “Bigs” were prominently playing alternatives into their long-range planning. British Petroleum (BP) had (and still does) an aggressive campaign on alternative energy sources, while Exxon […]

World’s First ‘Zero Emissions’ Coal Plant Issues Host Site RFP

The FutureGen Industrial Alliance today said it has released the final Request for Proposals (RFPs) for parties interested in hosting the world’s first coal-fueled “zero emissions” power plant. The final RFP and responses to questions and comments made on the Draft RFP are posted on the Alliance’s website at http://www.futuregenalliance.org/ . Proposals for the host […]

Response To Global Warming Key For Energy Future

Duke Energy Corp. (DUK) Chief Executive Paul Anderson said Wednesday that the U.S. government’s ultimate response to global warming, as well as to growing world oil demand, will have a major impact on energy companies. Anderson, speaking at RBC Capital Markets’ energy infrastructure conference in Toronto, said he expects the government eventually to address global […]

Carmakers, oil companies join for GTL

Carmakers and oil companies are joining to explore gas-to-liquid technology, the Financial Times reported Wednesday. GTL allows companies to create a synthetic fuel — and other petroleum-derived products — from natural gas, coal and biomass. In a new body, the Alliance of Synthetic Fuels in Europe, carmakers DaimlerChrysler, Renault and Volkswagen have joined up with […]

Despite Hurdles, Global Solar PV Growth is Sustained in 2005

Preliminary estimates for 2005 show global photovoltaic (PV) cell production increased more than 40% from nearly 1200 MW in 2004 to 1727 MW in 2005. European production growth outpaced Japan, U.S. production was relatively lackluster, but the real highlight was in the aggregate of small, global producers outside of the major markets that more than […]

One of Largest Biodiesel Plants To Be Built in Indiana

Indiana Governor Mitch Daniels announced that Louis Dreyfus Agriculture Industries plans to build one of the worldgreencarcongress

Hydrogen’s high hopes

The hydrogen economy is a billion-dollar research industry. SA [South Africa], with its R5m/year investment, is a mere dabbler. But now government wants to join a hi-tech game that could add value to SA’s most precious resources and position the country as a player in a new technology arena. SA’s mineral resources and technology assets […]

BLM proposal on CO2 EOR

Traditional primary and secondary oil production methods typically recover one third of the oil in place in a field. This leaves behind two thirds of the oil as a target for enhanced oil recovery (EOR) techniques. Thermal, chemical, and gas flooding are three major EOR methods which have been developed and utilized for maximizing oil […]

Turn Food Subsidies in Fuel Subsidies

There After years of deadlock, World Trade Organization (WTO) talks may this year result in a deal that calls for a reduction in rich-country agricultural export subsidies. In the United States, the weight of such a ruling would fall on corn. The U.S. government transfers around $4.5 billion from taxpayers to corn farmers each year. […]

Satellite data used to warn oil industry of potentially dangerous eddy

Ocean FOCUS began issuing forecasts on 16 February 2006 The Ocean FOCUS service is a unique service that provides ocean current forecasts to the offshore oil production industry to give prior warning of the arrival of eddies. The service is based on a combination of state-of-the-art ocean models and satellite measurements. Oil companies require early […]

Iran Threatens U.S. With ‘Harm and Pain’

Iran threatened the United States with “harm and pain” Wednesday for its role in hauling Tehran before the U.N. Security Council over its nuclear program. But the United States and its European allies said Iran’s nuclear intransigence left the world no choice but to seek Security Council action. The council could impose economic and political […]

Deffeyes: Not really the Stone Age

Fifty years ago today, on the morning of March 8, 1956, M. King Hubbert gave a talk in San Antonio in which he predicted that US oil production would start to decline by the early 1970s. Up until minutes before Hubbert began, executives at the head office of Shell Oil (his employer) were on the […]

US Oil Supplies Jump to Seven-Year High: EIA

U.S. commercial crude supplies shot to the highest level in nearly seven years last week on sluggish refinery use and high imports, the government said on Wednesday. U.S. oil stocks jumped 6.8 million barrels in the week ended March 3 to 335.1 million barrels, or 10 percent higher than last year, according to the Energy […]

Only 10 years left for oilpatch?

New federal energy policies and a moratorium on projects are desperately needed to protect Canada’s energy security, says an industry think-tank report released yesterday. In conjunction with the Canadian Centre for Policy Alternatives and the Polaris Institute, the Parkland Institute yesterday released a report entitled Fuelling Fortress America: A Report on the Athabasca Tar Sands […]

What is behind the energy crisis?

BANGLADESH – Following a recent remark of the Finance Minister about fuel price hike, followed by other officials’ “on again off again” price hike babble, unscrupulous traders, especially in the northern districts, resorted to the cartel-type behaviour of cutting supply and raising prices. The apprehensions about looming price hikes coupled with alleged hoarding resulted in […]

Engineers to discuss forecast UK energy crisis

Over 160 engineers and academics are expected to converge at Reading University to discuss the way forward for solving an expected crisis in UK power sourcing and generation. Engineers from all over the country will converge at Reading University this Wednesday (March 8) to see if they can come up with a solution to avert […]

Governor signs bill repealing sales tax on farm diesel

OLYMPIA, WA – Gov. Chris Gregoire has signed a bill repealing the sales tax on off-road farm diesel, a move aimed at easing the impact of rising fuel prices on farmers. Farmers across the state had been pushing for the bill for months. Some had been waiting until after the governor signed the bill to […]

Ugandan cabinet meets over energy crisis

KAMPALA — Ugandan cabinet held an emergency meeting Friday afternoon to address the serious energy crisis in the east African country, the New Vision reported Saturday. “The government is determined to reverse the situation immediately,” Minister of State for Information Nsaba Buturo told the English-language daily, referring to the 12-hour load-sheddingand the situation of constant […]

Senate approves $1 billion to help poor with energy costs

WASHINGTON — The Senate has agreed to put an additional $1 billion this year into a program to help poor people with energy costs, but only after overcoming resistance from warm state senators who said those suffering from summer heat weren’t getting their fair share. The additional spending would increase to $3.1 billion the amount […]

Canadian Gas May Rise on High Cost of Competing Oil-Based Fuel

Canadian natural-gas prices may rise on increased demand from industrial customers switching from more costly oil-based fuel. Spot gas in New York sold for $7.13 per million British thermal units yesterday, a discount of 13 percent, or $1.02 per million Btu, to heavy fuel oil, according to data compiled by Bloomberg. Five to 10 percent […]

Fuel prices guzzle Cathay Pacific net

CATHAY Pacific Airways Ltd, Hong Kong’s biggest carrier, reported a larger-than-expected 38 percent decline in second-half profit because of record jet fuel prices. The stock fell by the most in more than four months. Net income dropped to HK$1.63 billion (US$210 million) from HK$2.65 billion a year earlier, less than the HK$2.01 billion median forecast […]

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