China, Russia welcome Iran into the fold

The Shanghai Cooperation Organization (SCO), which maintained it had no plans for expansion, is now changing course. Mongolia, Iran, India and Pakistan, which previously had observer status, will become full members. SCO’s decision to welcome Iran into its fold constitutes a political statement. Conceivably, SCO would now proceed to adopt a common position on the […]

Beijing’s ‘new thinking’ on energy security

China’s growing appetite for energy has caused widespread concern around the world. The Middle Kingdom is blamed for the sharp increase in global oil prices in the past few years, and the United States grows uneasy about Beijing’s evolving cozy relations with major oil producers such as Iran, Saudi Arabia, Sudan, and Venezuela – some […]

OPEC believes oil prices are too high: delegate

OPEC believes oil prices are too steep, after setting a fresh record high above $70 a barrel, and the rise is not justified by market fundamentals, a senior OPEC delegate said on Tuesday. The delegate said there was no shortage of crude oil supply and that OPEC giant Saudi Arabia and other producers had pledged […]

Economy shows signs of slowing amid high oil

The U.S. economy may be showing signs of fatigue after surging at the beginning of the year, reports showed on Monday, as energy prices climbed to record highs. A pair of weaker-than-expected readings on the housing and manufacturing sectors in April sparked concerns about near-term economic strength, even though a separate report showed foreign investment […]

Russian oil champion on charm offensive

In a control room 130 kilometers (60 miles) above the Arctic Circle, oil workers in crisp yellow and black overalls fine-tune pumps and turbines with the click of a mouse. A brand-new pipeline, glittering in the low polar sun, threads off over the icy horizon. Not, perhaps, how you might picture the operations of a […]

Seoul mulls raising strategic oil reserves

The government yesterday said it will consider implementing emergency energy supply measures this year to minimize the economic burden of high-flying oil prices. The measures include increasing the capacity of the country’s emergency oil reserves to 123.5 million barrels from 116 million barrels by the year’s end, the Minister of Commerce, Industry and Energy Chung […]

UN nuclear inspectors to arrive in Iran

Senior inspectors from the International Atomic Energy Agency (IAEA) will arrive in Iran on Friday to visit nuclear sites, including the Natanz uranium enrichment facility, a senior Iranian official said on Tuesday. The visit follows Iran’s declaration last week that it had enriched uranium for use in power stations for the first time, stoking Western […]

Indonesia to Propose Output Boost at Next OPEC Meeting

Indonesia will propose at the next meeting of the Organization of Petroleum Exporting Countries, or OPEC, that members increase their output of crude oil, the country’s OPEC governor, Maizar Rahman, said Monday. Both Saudi Arabia and Kuwait could contribute to an expansion of OPEC’s crude oil output, Rahman told reporters. rigzone

Sustainable Energy Forum 2006

The University of Maryland’s Conservation Biology and Sustainable Development Program will host Sustainable Energy Forum 2006, May 7-9 at the Marvin Center in Washington, DC, on the implications of global oil production constraints for climate and economic stability. The Marvin Center is located at 800 21st Street NW. Sustainable Energy Forum 2006 will bring together […]

TIT & Mitsubishi Prototypes Pollution-free Engine

The new engine is called “MAGIC (MAGnesium Injection Cycle) engine,” and its development has been led by Profs. Yabe, Ikuta and others of TIT with the cooperation of Ono Denki Seisakusho, K.K., a precision manufacturer located in Shinagawa ward, Tokyo. Despite its small dimensions (diameter: approx. 5 cm; height 13.5 cm), the engine can generate […]

General Motors Announces Collaboration to Help More Michigan Motorists Power The

General Motors today announced plans for the addition of approximately 20 new E85 ethanol fueling sites in the southeast Michigan area through a collaborative partnership with Meijer and CleanFUEL USA. The collaboration is part of a broader, national GM campaign to boost the use and awareness of ethanol-based E85 fuel in the United States. The […]

The Race to Tap The Next Gusher

But that could soon change time

Chemical Companies Look to Coal as an Oil Substitute

Coal for fuel? Pretty common. But coal as the main ingredient in wall paints, fertilizers, even grocery bags? With oil and natural gas prices showing no signs of plummeting, and with incentives to use coal built into the Energy Policy Act of 2005, it just might happen. And chemical companies, which use oil and gas […]

South Korea to Order Limits on Vehicle Use in Event of Escalation with Iran

The South Korean Ministry of Commerce, Industry and Energy has announced a three-level energy saving program that will restrict car use and air conditioning in buildings amid concerns the escalating crisis over Iran greencarcongress

AES to Invest $1B in Alt Energy and Greenhouse Gas Reduction

The AES Corporationgreencarcongress

Internet Visionaries Betting On Green Technology Boom

Bill Gates, John Doerr and Steve Case believed in the Internet long before Wall Street did. Now, they’re betting on the next great “disruptive” technology: alternative fuels and other environmentally friendly products, but this time other investors aren’t far behind. Last year, AOL LLC founder Case launched Revolution LLC, which has invested in companies such […]

Why Metal Stocks Haven’t Peaked

Is it too late to buy into the boom in metals stocks — everything from gold to silver to copper to iron to zinc…? Investors looking to answer questions like those should take a clue from the boom in oil prices and particularly from a theory called Peak Oil. The analogy isn’t perfect — the […]

UK Scientists Attack Oil Firms’ Role in Huge Arctic Project

British scientists are at loggerheads with US colleagues over a controversial plan to work alongside oil companies to hunt for fossil fuel reserves in the Arctic. The US Geological Survey is lining up a project with BP and Statoil to find oil and gas in the Arctic Ocean, under the auspices of a flagship scientific […]

SEF 2006 Brings Together Leading Scientists and Policymakers

Congressman Roscoe Bartlett, Governor Brian Schweitzer, Lester Brown, and James Hansen Join 20 Leading Thinkers on Energy Sustainability April 17, 2006 WASHINGTON, D.C. Scientists, policymakers and advocates from government, environmental non-profits and academia will gather to discuss this year’s theme, “Peak Oil and the Environment.” For registration and information visit http://www.beyondpeak.org/ “America is ‘addicted to […]

Dealing with a Peak Oil future

Predicting the future is fraught with difficulty, whether you are an economist, scientist, CEO or tarot reader. The challenge is to step back from personal preferences and see clearly, without your vision being clouded by judgments, desires, and wants. It is also difficult to predict the future because we live in a world governed by […]

Full Text of San Francisco Peak Oil Resolution

Resolution acknowledging the challenge of Peak Oil and the need for San Francisco to prepare a plan of response and preparation WHEREAS, World oil production is nearing its point of maximum production (“Peak Oil”) and will enter a prolonged period of irreversible decline leading to ever-increasing prices;City & County of San Francisco via EnergyBulletin.net

Higher temps lead to rolling blackouts

Texas experienced rolling blackouts on Monday as folks turned on their air conditioners when temperatures rose. The problem is that many power generators shut down in April for maintenance. So the supply of electricity can The Electric Reliability Council of Texas Inc. is also calling on Texans to cut electricity use to only essential needs. […]

Oman

Oman has agreed to supply crude oil to back the planned launch of the Middle East The decision by Oman, one of the few Middle East producers not in the Organisation of the Petroleum Exporting Countries, is a significant step forward for the DME, as it gives potential users of its crude oil contract the […]

Lord’s budget to relieve energy rate shock

NEW BRUNSWICK, CANADA – Premier Bernard Lord has announced $100 million in energy relief for ordinary New Brunswickers, tipping his hand on a budget that could prolong the life of his minority government. Lord’s reforms are sweeping and dramatic, including capping power rate increases, cutting taxes, punishing senior managers at NB Power and regulating New […]

New Japan-China spat over gas

Japan has asked China to clarify reports that Beijing has imposed a ban on shipping near disputed gas fields in the East China Sea. Both Japan and China have claimed rights to develop the Pinghu gas field which straddles an area both countries say is part of their territory. News reports say a ban has […]

BP Has 2nd Pipe Break at Alaska Refinery

LONDON – British oil giant BP PLC said Monday that a second pipeline ruptured at its Alaskan refinery, a month after the company reported its largest-ever spill at an oilfield on Alaska’s Northern Slope. Company officials could not immediately provide details on Monday about the break, or its severity. The rupture follows a massive spill […]

Backers Hope Oil Plan Floats

An impact report is due this month on a firm’s proposed supertanker dock at Terminal Island. With Californians slurping more and more fuel, a milestone looms for a controversial drive to build an oil supertanker dock in Los Angeles harbor. A Long Beach energy company is poised to release an environmental assessment of what would […]

People still pumped up over rising fuel prices

CANADA – Cathy Brewer says her anger over high gasoline prices will not go away. Brewer joined many Fredericton-area motorists filling their vehicles this weekend at prices of $1.13 a litre for regular, self-serve fuel. “I think they’re too high,” she said after filling her vehicle at a local station. “I think it’s hard to […]

Interest in carpooling, buses rises

Drivers are finding relief from high gas prices. INDIANAPOLIS Since September, the number of participants in the carpooling service, called Central Indiana Commuter Services, has nearly doubled, to about 4,000.

INDIA: Govt likely to benchmark fuel prices

NEW DELHI: Cost-Plus and Administered Price Mechanism (APM) days may come back as a ghost from the past for Indian refiners if the present moves by the finance ministry is anything to go by. Indian refiners, who have been selling fuel at globally benchmarked prices since April The new proposal, which is sure to face […]

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