Nigerian Militants Release Last Hostages

WARRI, Nigeria – Militants demanding control of revenues from Nigeria’s oil-rich southern delta released their last remaining foreign hostages on Monday “They are here with us now and are all in good health,” Oshevire told reporters. The militants, responsible for a wave of recent attacks in southern Nigeria, took nine foreign oil workers hostage Feb. […]

Marathon Oil Norway Well Tests Positive

HOUSTON A lower zone showed a production rate of 6,300 barrels of oil per day and 18 million cubic feet of natural gas per day, according to Marathon. An upper level tested for 4,000 barrels of oil per day and 12 million cubic feet per day of gas. “The results of the latest Gudrun appraisal […]

Subsidy or Despotism?

A first step toward appropriately pricing a barrel of oil is to remove all subsidies for its production and consumption. The NY Times has an indepth article today about the Federal law that has allowed offshore drilling without royalty payment. ..the Bush administration confirmed that it expected the government to waive about $7 billion in […]

United States taps Alberta oilsands expertise

U of A engineering professor key figure in study to best develop untapped U.S. resources Uncle Sam wants David Sego. The University of Alberta engineering professor and principal investigator for the Devon Oil Sands Tailings Research Facility fits the bill in a report commissioned by the United States Department of Energy. The recent paper — […]

”Saudi Aramco”

Last week, “Saudi Aramco” concluded with its Japanese partner, “Sumitomo Chemical,” financing contracts to initiate the “PETRORabigh” project in Rabigh, one of the world’s largest export-oriented refinery and petrochemical complexes, then opened its “Haradh-3″ Project for oil production. In truth, these two projects form an integral part of a wide scale expansion and development campaign […]

‘Unscrambling the egg:’ Reregulation ideas floated

Turning back the clock on electricity deregulation is sounding good to Maryland lawmakers worried about the political fallout from electricity rates projected to soar 72 percent this summer. “If it was put to the vote to the Maryland legislature today, it would pass,” said Sen. E.J. Pipkin, an Eastern Shore Republican. But putting the power […]

Report: Kremlin Envoy Opposes New Pipeline

MOSCOW – The Kremlin’s top representative in Siberia voiced opposition to the route of a planned oil pipeline that would run less than a kilometer ( 1/2-mile) from the world’s largest freshwater body, the Vedomosti business daily reported Monday. Anatoly Kvashnin wrote President Vladimir Putin that “in the eventuality of a natural disaster … large […]

Most EU leaders back reviving nuclear power

The overwhelming majority of leaders at last week’s European Union summit, including Tony Blair, strongly backed a revival of nuclear power as the answer to Europe’s growing dependence on overseas supplies and to combat climate change.…Andris Piebalgs, EU energy commissioner, who also favours the use of clean coal, carbon sequestration and biomass, indicated that a […]

Alternatives to nuclear energy a ‘moral imperative’ say church leaders

Church leaders have backed a new report that describes a low consumption, non-nuclear, energy strategy as a ‘moral imperative.’ The report, entitled Faith and Power, urges an energy strategy informed by Christian principles of wise stewardship, peacemaking, justice, love for neighbours and moderation in consumption. Launched by church-based environmental organisation Christian Ecology Link, the report […]

It really is all right now, in fact it’s a gas

Shell’s future is looking rosy, Jeroen van der Veer tells Christopher Hope, in spite of Gordon Brown’s tax bill. No Shell projects in the North Sea have been cancelled – yet. “As things stand today we put the taxes into the sum because that it is the best assumption and that will impact project ranking.” […]

Energy a concern at UK Aussi forum

The leaders of Australia and Britain joined forces on Monday to warn that the growing energy needs of emerging economic giants India and China represented a key strategic challenge for the years to come. “The emergence of China and India is making a difference, not only to the issue of globalisation but to the question […]

China’s role in genocide

CNPC owns most of a field in Darfur and 41 percent of a field in the Melut Basin. Another Chinese firm, Sinopec, is building a pipeline to Port Sudan on the Red Sea, where CPEC is building a tanker terminal. About 70 percent of Sudan’s oil exports go to China, and account for 10 percent […]

Japan corporate sentiment weakens amid oil woes

Business sentiment among leading Japanese companies weakened for the first time in four quarters amid worries that high oil prices may cut earnings although the government and economists believe this may just be a blip, saying that the world’s second-largest economy will continue recovering. ‘Uncertainty over the prospect of crude oil prices was the primary […]

Making us “future-proof” – the evolving role of horticulture

In this feature, your facilitator returns to her roots as a plant-propagation scientist – with some thoughts about how horticulture and related fields (such as urban forestry) might evolve into the future to assist the transition to an economy without cheap oil. While this is not a scientific paper, it does examine the role of […]

Peak oil and failing mass media

The facts are not in question: Reports commissioned by the U. S. Department of Energy and the U.S. Army Corps of Engineers have warned that the days of cheap energy rapidly are drawing to a close. Global oil production is poised to decline sharply in the next two decades mndaily

Methanol: The New Hydrogen

Hydrogen has been getting plenty of hype as a potential replacement transportation fuel, for cutting carbon dioxide emissions and reducing dependence on fossil fuels. But methanol would be far better than the more reactive and volatile hydrogen, argues George Olah, a chemist and Nobel laureate, in a new book, Beyond Oil and Gas: The Methanol […]

Why Iran oil cutoff could be suicidal

Iran’s nuclear standoff with the United States, Europe, and other nations has led to considerable speculation of $100-per-barrel oil and $4-per-gallon gasoline in the US. Such high prices might kick off a worldwide energy crisis and recession. The West already suspects that Iran’s uranium enrichment program is a cover for bombmaking. To try to put […]

Ice Cores Show Sun, Not Humans, Controlling Earth’s Climate

Sorry, Dr. Hansen, but the melting edges of the Greenland ice sheet donmichnews

India on Shopping Spree for Oil and Gas Assets

Energy-hungry India is scouting for oil and gas assets in Central Asia, Africa, and Latin America to feed the requirements of its rapidly expanding economy. Domestic production, he said, is likely to rise from 26 million metric tons to 52 million metric tons in 2011-12 and to 80 million metric tons in 2024-25. “But India’s […]

The Right Way To Deal With Electricity

In Ontario, Canada, demand for electricity will begin to exceed available supply by 2014 and by 2025, there will be an energy gap of 10,000MW. Right now the average power demand is about 21,000MW, in 2025 it will be about 35,000MW. New nuclear power plants will have to be built, but they have to be […]

UK onshore wind power set for rapid growth-industry group

The number of wind turbines dotted across Britain’s landscape is set to surge over the next four years despite trouble getting planning permission, the wind power industry said on Monday. Onshore turbines capable of powering 3 million homes, or five percent of UK electricity supply, will be spinning by the end of the decade as […]

Drilling into a hot volcano

Iceland is already littered with geothermal power stations, producing most of the country’s electricity from steam at around 240C, extracted from boreholes between 600 and 1,000m deep. Later this year, they will put a pressure lining into their borehole and drill on down to more than 4km deep. At that depth, they hope to encounter […]

Seattle Commission Turns in Recommendations for Meeting Kyoto Targets

The Green Ribbon Commission on Climate Protection convened by Seattle Mayor Greg Nickels has delivered its recommended actions for meeting or beating the greenhouse gas emissions-cutting goals of the Kyoto Protocol in Seattle. The Kyoto Protocol targets a 7% reduction in greenhouse emissions by 2012, relative to a 1990 baseline. Seattlegreencarcongress

Hope in hydrogen

Brooks thinks that not enough publicity has been given to a new technology known as a hydrogen-injected engine, which is being developed by engineers at the Massachusetts Institute of Technology and licensed by ArvinMeritor, a major auto industry supplier with $8 billion in sales. They have developed a reformer, which is a device that converts […]

Clean-Coal Effort Off to Slow Start

Three years after he first announced it, the centerpiece of President Bush’s plan to produce electricity from coal without adding to global warming is finally getting under way. But it’s off to a small start. Like the war in Iraq, success will come to the billion-dollar project, if ever, long after Bush leaves the White […]

U.S. gas prices surge to near $2.50 per gallon

Federal environmental rules, higher crude costs blamed NEW YORK – The cost of a gallon of gasoline in the United States rose during the past two weeks due to federal regulations and higher crude oil prices seen late last week, according to an industry analyst. The national average retail price for self-serve, regular unleaded gasoline […]

Nigeria oil delta militants say killed 3 soldiers

Shell working on containing oil spill LAGOS – Militants in Nigeria’s oil producing southern delta said on Saturday they had killed three soldiers in a remote area close to a major natural gas plant, and threatened to carry out more attacks. An army spokesman said three soldiers were abducted, but not killed as far as […]

Be Worried, Be Very Worried

No one can say exactly what it looks like when a planet takes ill, but it probably looks a lot like Earth. Never mind what you’ve heard about global warming as a slow-motion emergency that would take decades to play out. Suddenly and unexpectedly, the crisis is upon us. From heat waves to storms to […]

Drop secrecy of trading in natural gas

Congress ought to pull away the cloak of secrecy that hides financial trading in natural gas markets. Putting those transactions out in public view is the best way to ensure that consumers aren If commodities like corn and soybeans can be traded out in public view, there

Railroads rolling out high-tech logistics

OMAHA, Nebraska (Reuters) – The screens on the wall and the computers that back them up can locate and guide hundreds of trains anywhere on Union Pacific Corp.’s (UNP.N: Quote, Profile, Research) 34,000 miles of track in the United States, but to John Cazahous this complex matrix is not enough. “We need to take what […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy