Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


News from April 2006

Demand May Outpace Saudi Oil Capacity

Demand May Outpace Saudi Oil Capacity thumbnail

DAMMAM, Saudi Arabia – The world’s only oil superpower boosted output last month, launching a pair of projects that are part of a massive $55 billion endeavor to keep pace with the world’s ever-intensifying thirst for oil. But demand for the world’s premiere source of energy is rising so fast Remarkably, even Saudis, who control […]


Pirates hijack UAE tanker off Somalia

Pirates hijack UAE tanker off Somalia thumbnail

KUALA LUMPUR (AFP) – A dozen heavily armed pirates have hijacked a UAE-registered oil tanker along with 19 Filipino crew members off the coast of Somalia, an international piracy watchdog said. “Twelve pirates armed with machine guns, AK47 rifles and sidearms boarded the tanker off Mogadishu during daylight,” Noel Choong, head of the Piracy Reporting […]


US Capitol Evacuated After Losing Power

US Capitol Evacuated After Losing Power thumbnail

WASHINGTON – Police ordered an evacuation of the U.S. Capitol shortly after noon Monday after the building lost power. Sirens signaling the evacuation sounded and lawmakers and visitors were told to leave. It was not immediately clear what the cause of the outage was. A Senate leadership aide said the power system for the Capitol […]


Venezuela takes back oil fields

Venezuela takes back oil fields thumbnail

Venezuela has taken control of two oil fields operated by French firm Total and Italy’s Eni. The government said it had taken the step after the failing to agree a deal with the two firms which would give it a majority stake in new ventures. President Hugo Chavez has been working to strengthen state control […]


NYC: Best Place for $100? Maybe….

NYC: Best Place for $100? Maybe…. thumbnail

Last week, Sustainlane ranked NYC the #1 place to live in an Oil Crisis: New York City is the city most prepared to cope with a $100+ tank of gas. With its strong city and regional public transportation system, New York stands out above the rest. From New York City’s subways to the Tri State […]


Court Rejects Bush Administration Attempt to Delay AF Vehicles Purchase

Court Rejects Bush Administration Attempt to Delay AF Vehicles Purchase thumbnail

Following an earlier ruling on March 6th finding the U.S. Department of Energy (DOE) in violation of its obligations under the Energy Policy Act of 1992 (“Act”), District Court Judge William Alsup on March 30th rejected further government delay and ordered the DOE to finally come into compliance with the Act within 2 years, by […]


Sino-Australian co-op on nuclear energy solely for peaceful purposes

Sino-Australian co-op on nuclear energy solely for peaceful purposes thumbnail

Visiting Chinese Premier Wen Jiabao said Monday in Canberra that bilateral cooperation between China and Australia on nuclear energy is solely for peaceful purposes with safeguards provided by related agreement signed by the two sides. As a member of the International Atomic Energy Agency (IAEA) and a signatory to the Non-Proliferation Treaty (NPT), he said, […]


Oil dependence drives all – including war in Iraq

Oil dependence drives all – including war in Iraq thumbnail

The tragedy is that we as a nation have no plan to solve the exploding problems – the ever-growing thirst for oil and our dependence on oil from the Persian Gulf. There is an answer, but it would require facing down big oil – which for all practical purposes is calling the shots in Bush’s […]


Energy exploration intensifies

Energy exploration intensifies thumbnail

The U. S. subsidiary of Comet Ridge Ltd. of Sydney, Australia, said last week it signed a $1 million lease option for 420,000 acres in the Grays Harbor basin area southwest of Seattle to explore for oil and gas. The Comet Ridge deal is only the latest in a series of moves by the energy […]


Report of the Week: How to Clean Coal

Report of the Week: How to Clean Coal thumbnail

This weeks report of the week is about carbon capture and storage (CCS). Published by the Natural Resources Defence Council (NRDC), this is a facinating short report at a crucial time in the debate on our energy future. A couple of weeks back my report of the week was by the house of commons science […]


Farmland under attack

Farmland under attack thumbnail

…Energy-policy expert Richard Heinberg reported the startup of this campaign in “Threats of Peak Oil to the Global Food Supply,” a paper presented in June, 2005, to a conference in Dublin, entitled “What will we eat when the oil runs out?” The oil has not yet run out, but it keeps growing more expensive. At […]


New measures to save winter power

New measures to save winter power thumbnail

SOUTH AFRICA – Replacing 100 000 electric stoves with gas burners, subsidising certain electrical appliances and distributing five million energy efficient light bulbs are some of the ways the Western Cape plans to save electricity this winter. A range of energy saving measures has been identified by the Western Cape Integrated Development plan. These measures […]


Obama Strikes Out at Bush’s Energy Policy

Obama Strikes Out at Bush’s Energy Policy thumbnail

Sen. Barack Obama accused the Bush administration Monday of a “stubborn refusal” to attack the causes of climate change, and said tougher fuel standards, stricter curbs on oil imports and more investment in cleaner energy are essential to avert global catastrophe. “Saying that America is addicted to oil without following a real plan for energy […]


Valley man bankrolls clean-energy initiative

Valley man bankrolls clean-energy initiative thumbnail

Oil firms to pay tax to fund fuels, cars Vinod Khosla is bankrolling a ballot initiative that would tax oil producers and subsidize alternative energy — technologies he invests in as one of the valley’s most prominent venture capitalists. If California voters embrace the November initiative, the tax on oil companies could generate $4 billion […]


Structural Changes

Structural Changes thumbnail

…One of the elements of the plan includes the pricing and trading of oil in Euros. For the plan to work oil producing countries and purchasers will gradually convert the oil trading to alternate currencies. The primary issue is when will the Euro be a significant currency of oil trade Iran


Can nuclear power deliver?

Can nuclear power deliver? thumbnail

Based on literature review and expert interviews, SEAL’s 13th briefing paper provides an overview of arguments (for and against) in the nuclear debate. Conclusion: Nuclear technology needs to address its problems, and holds tremendous promise if it does. thewatt


Come ye farmers

Come ye farmers thumbnail

…The gathering will address the local production of food, which is not just some airy-fairy collaboration of mulchers and composters, but a “grow your own,” pragmatic, utilitarian means of addressing the future of the Roaring Fork Valley. “Awareness is growing concerning global oil supplies peaking, resulting in the gradual decline in availability of petroleum fuels […]


Solving The U.S. Oil Dependency

Solving The U.S. Oil Dependency thumbnail

Here is an interesting email conversation I intitiated with ‘Ask an Expert’ at the EIA. I wanted to get an independent confirmation of some calculations I did regarding replacing imported oil utilizing Nuclear Energy to generate electricity to power electric hybrid vehicles. The question posed was: “If we were to replace the energy equivalent of […]


Rwanda: US to intervene in energy crisis

Rwanda: US to intervene in energy crisis thumbnail

The Regional Director of the United States Trade and Development Agency for Sub-Saharan Africa, Ned Cabot, recently expressed optimism at the developments registered by Rwanda and pledged to support the country


General Motors and Toyota Square Off Over Sustainability

General Motors and Toyota Square Off Over Sustainability thumbnail

Much has been made of the recent woes of General Motors, which has at times resembled a reversed reflection of the recently soaring success of Toyota, heir-apparent to GMgreencarcongress


80% Probability of Major Oil Disruption in Next Ten Years

80% Probability of Major Oil Disruption in Next Ten Years thumbnail

In testimony before the Senate Foreign Relations Committee last week, Hillard Huntington, Executive Director Energy Modeling Forum (EMF), Stanford University, told the senators that based on its research, the EMF assesses that the probability of a major oil supply disruption (2 million barrels or more per day) lasting at least one month during the next […]


Peru faces wait for IDB gas project loan

Peru faces wait for IDB gas project loan thumbnail

The Inter-American Development Bank said on Sunday that new financial support for the controversial Camisea natural gas project in Peru would be dependent on the completion of environmental and technical audits. The bank is under fierce pressure from environmental non-governmental organisations concerned about the project’s impact on the Amazon jungle and its indigenous population, following […]


Your world. Your verdict:

Your world. Your verdict: thumbnail

Change a light bulb – and help save the planet. When it comes to the big question of how the world responds to the threat of climate change, it is clear that it is the small, everyday things that can really matter. This is a major theme to have emerged in the phenomenal response to […]


Households lose incentives to install solar power

Households lose incentives to install solar power thumbnail

The solar power industry has warned that it is on the brink of crisis as a result of Government “incompetence” in the awarding of grants for householders buying renewable energy. A scheme paying thousands of pounds towards the cost of installing green energy in people’s homes ended last week without a working replacement.The Independent


Algeria Minister: Oil Demand, Prices Seen Strong Through 2006

Algeria Minister: Oil Demand, Prices Seen Strong Through 2006 thumbnail

Oil prices are expected to remain high for the rest of the year on continued strong demand in China, changes in U.S. gasoline specifications and geopolitical uncertainties, Algeria Oil Minister Chakib Khelil said Sunday. “Concerns that people had that demand would fall in the second quarter were not a reality,” Khelil told reporters on the […]


Merkel calls meeting on German energy

Merkel calls meeting on German energy thumbnail

Facing a test of her free-market economic beliefs, Chancellor Angela Merkel of Germany has invited the country’s powerful industrial companies to a special energy meeting Monday to map out a long-term strategy for Europe’s largest economy. The meeting – the first in more than a quarter of a century – will include the leaders of […]


Africa needs more energy investment

Africa needs more energy investment thumbnail

Africa could play a bigger role in ensuring global energy security if explorers increased investment in its “huge” oil and gas potential, an African Union (AU) energy body said today. Hussein El Hag, director of African Energy Commission, an organ of the 53-nation AU intended to foster energy co-operation on the continent, said as much […]


Kuwait’s oil refining capacity to zoom

Kuwait’s oil refining capacity to zoom thumbnail

The country’s oil refining capacity will reach 1.4 million barrels a day by 2011 when a new refinery – billed to be the world’s largest – comes on line, and two of the existing ones are upgraded, a senior oil official said yesterday. The current capacity from Kuwait’s three refineries – Mina Al-Ahmadi, Mina Abdullah […]


Is the end nigh?

Is the end nigh? thumbnail

Going, going, gone… Species on Earth are dying out faster than science can count, says a report released last week at the UN Convention on Biological Diversity in Curitiba, Brazil. Declining numbers of plants, animals, insects and birds across the planet are adding up to a wave of extinction thatHindustan Times: Sci-files


Saab Rolls Out Bioethanol Hybrid With Electric-Only Capability

Saab Rolls Out Bioethanol Hybrid With Electric-Only Capability thumbnail

SYNOPSIS: The innovative Saab BioPower Hybrid Concept to make its world premiere at the Stockholm Motor Show with 300-volt lithium-ion battery bank giving car 10-20km (6-12mi) electric-only range. Plug to follow. The innovative Saab BioPower Hybrid Concept, making its world premiere at the Stockholm Motor Show (March 30 – April 9, 2006), delivers zero fossil […]


« Previous PageNext Page »



Oil News Categories


Recent Board Topics


Archive


LATEST NEWS HEADLINES


PO Real Time

No tweets available