Amid growing frustration and anger from consumers, South Africa’s power utility, Eskom, has announced plans to address the blackouts that have hit the country over the last few months…Economist Jac Laubscher said the accelerating economy had exposed serious constraints in the power sector’s ageing infrastructure. “The economy is 35 percent larger than 10 years ago […]
Biofuel is moving up the political agenda. Far less controversial than nuclear energy, it is now routinely included in the government’s mix of painless fixes for resolving the environmental crisis. “By 2010, 5 per cent of all the UK’s fuel will come from biofuels,” says the Secretary of State for Transport, Alistair Darling. “By then […]
The government plans to raise electricity prices under a mechanism linking the charges to rising coal costs, the China Securities Journal reported Thursday, quoting an official at top generator Huaneng group. ..Power companies say higher fuel costs threaten their profits. However, the longer talks drag on, the less likely a significant price increase becomes because […]
Sixty-five percent of Russia’s oil refineries are outdated and in need of major reconstruction work, the country’s Deputy Economy Minister Kirill Androsov said on Friday, March 3. Speaking at a meeting of the Federation Council, upper house of the Russian parliament, Kirill Androsov said that an economic motivation for reconstruction of oil refineries must be […]
Well, at least somebody in the world has an energy strategy in place. Unfortunately, for those of us who live in net oil-consuming countries, it’s the oil-producing countries that have the plan. ..In today’s column, I’ll explain the oil-producing countries’ energy strategy. It’s pretty depressing reading.MSN
They are the gurus of globetrotting, the men who built publishing empires from their adventures and wrote guidebooks encouraging millions to venture further afield than ever before. Now the founders of the Rough Guides and Lonely Planet books, troubled that they have helped spread a casual attitude towards air travel that could trigger devastating climate […]
Recognizing the potential consequences associated with any protracted energy shortage, Beijing has embraced nuclear power as a solution. According to the China National Nuclear Corp (CNNC), the government body responsible for much of the country’s nuclear-power program, China plans to invest US$48 billion to build 30 nuclear reactors by 2020. Currently, the country has nine […]
Pakistan and China are likely to soon adopt a plan in the energy sector under a bilateral framework agreement signed during President Gen Pervez Musharrafdawn
A world away from its self-declared international war on terror, Washington has spied greater and more potent threats on the horizon. Indiaarabnews
The United States, where oil production has been declining since the 1970s, has the potential to boost its oil reserves four-fold through advanced injection of carbon dioxide into depleted oilfields, the Department of Energy said on Friday. The United States, the world’s top oil consumer, has been successfully pumping small amounts or carbon dioxide into […]
Ethanol, solar power and even pig manure are starting to look like good alternatives to today’s high energy prices. That’s created lots of opportunities for investors. Alt-energy stocks have taken off, especially after President Bush touted new technologies in his Jan. 31 State of the Union address. “We’ve got a number of renewable and emission-free […]
GreenFuel, the company set up by Berzin in Cambridge Mass., has already attracted ISS
Because economic growth and development in the Western Hemisphere depend increasingly on ensuring resources to supply reliable, affordable, clean energy, nations must cooperate to realize greater energy security, says Karen Harbert, assistant secretary for policy and international affairs at the U.S. Department of Energy. Western Hemisphere energy security is enhanced with the adoption of policies […]
What the Bush administration calling a ‘historic’ deal further cementing a strategic partnership with a already growing power in the Asian region, critics interpreting as a price paid for a separate international diplomatic effort to constrain Iranasiantribune
Al Crosby has written the book that, if read and applied, could alter the very culture of American energy use. Energy consumption patterns have become the latest application of the “ugly American” ethic of gluttonous and selfish consumption. Each day, it seems, a different pundit explains how American consumers dwarf the energy needs of all […]
Just down the road are shopping centers and subdivisions packed with new homes, gobbling up land around this once-sleepy agricultural town that just happens to sit atop the Wattenberg gas field, one of the nation’s most productive. Ed Orr knows this land well. A rancher and developer whose family roots in Colorado date back more […]
New research released today (3 March) by Friends of the Earth shows that the UK can meet its electricity needs, reduce the need for imported natural gas, and tackle climate change without a new nuclear power programme. The research, `A Bright Energy Future,’ forms part of the organisation’s submission to the Government’s Energy Review which […]
Never free of the cloud of political risk, oil prices are facing a particularly difficult week with uncertainty over two key meetings likely to keep the market on tenterhooks. With prices once again edging towards $65 a barrel, the outcome of a meeting Monday of the International Atomic Energy Agency and a separate gathering Wednesday […]
Enormous benefit for humans and without harming the environment can be extracted from domestic waste, old car wheel casings, industrial wastes and even silt, that remain after cleaning sewage outflows. It transpires that all this can successfully be turned into light and heat when incinerated, under methodology, developed by scientists from Chernogolovka in the Moscow […]
Venezuela, which wants to double oil output by 2012, has boosted the number of exploratory drilling rigs by 12 percent since last year. The increase isn’t enough to increase output, analysts said. The South American country, the world’s fifth-largest oil exporter, had 75 drilling rigs as of January, up from 67 a year earlier, according […]
OPEC President Edmund Daukoru said on Friday that the global oil market is “oversupplied” by about 2 million barrels per day. “The market is indeed well supplied with crude today,” Daukoru told an audience at the National Press Club in Washington, ahead of next week’s meeting of the Organization of Petroleum Exporting Countries.Reuters
Simmons: What a difference 20 years make in crude oil prices I began writing World Oil’s annual Crude Oil Outlook article on New Years Day, 13 years ago, when prices had just fallen below $14/bbl for the first time since 1986. At the time, conventional wisdom was certain that the world market had entered a […]
U.S. Energy Secretary Sam Bodman said on Friday he believes OPEC has a sense that with current high oil prices, markets need more, not less, crude oil from the cartel. In a briefing with reporters, Bodman said he did not know what OPEC ministers will decide about production levels when they meet next week.MSNBC
KUALA LUMPUR, March 3 (Reuters) – Nearly 1,000 Malaysians protested in the capital on Friday against fuel price rises, the first significant anti-government demonstration in years. Protesters, led by the main opposition Islamic party, chanted anti-government slogans and called on Prime Minister Abdullah Ahmad Badawi to step down over his government’s decision this week to […]
“It is thus probably no overstatement to say that the Russian campaign has been won in the space of two weeks.” – German Chief of General Staff Franz Halder, July 3, 1941 “The whole situation makes it increasingly plain that we have underestimated the Russian colossus.” – General Halder, Aug 11, 1941. Never underestimate how […]
Fears that high oil prices could make flying too expensive will be offset by more efficient aircraft …But the optimistic industry view contrasts sharply with predictions by organisations such as British think tank Foresight, which believes that by 2055 the need to constrain carbon emissions and the high price of oil will make travel a […]
Press Release – U.S. Department of State Because economic growth and development in the Western Hemisphere depend increasingly on ensuring resources to supply reliable, affordable, clean energy, nations must cooperate to realize greater energy security, says Karen Harbert, assistant secretary for policy and international affairs at the U.S. Department of Energy. In March 2 testimony […]
SANTIAGO — Chilean President Ricardo Lagos said on Thursday that the state oil company had found natural gas reserves in southern Chile, but only enough to supply the region. The newly found reserves in Magallanes, 2,500 km south of Santiago, could help meet domestic consumption as well as aiding Methanex, a company that has struggled […]
TOKYO (AP) – Scientists in energy-poor Japan said Friday they have found a new source of gasoline – cattle dung. Sakae Shibusawa, an agriculture engineering professor at the Tokyo University of Agriculture and Technology, said his team has successfully extracted 1.4 milliliters (0.042 ounces) of gasoline from every 100 grams (3.5 ounces) of cow dung […]
Consultants respond to Houston company’s proposal for Sound terminal; gov’t, trade groups predict future rise in natural gas consumption NEW YORK – Politicians and environmental groups from New York and Connecticut yesterday released a consultant’s report concluding that a giant liquefied natural gas terminal proposed for Long Island Sound won’t be needed to meet the […]
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