Soon we’ll pay the true price of air travel

Scarcely audible amid the storm of financial scandal last week was the sound of Labour overshooting its target on greenhouse gas emissions. The Climate Change review, a report on progress towards greener government, evaporated over Westminster like a vapour trail behind a jumbo jet. Uncontrolled air travel is a luxury that the planet cannot afford. […]

Governor Rendell Says Coal Is a Significant Piece of PA’s Clean Energy Future

Governor Edward G. Rendell’s energy initiatives are making Pennsylvania a leader in advancing clean coal technologies that put to use the state’s indigenous resources to spur investments, create jobs and improve the environment. The nation’s first coal gasification-liquefaction plant is proposed for construction in Schuylkill County, where the plant will use waste coal to produce […]

Fuji Heavy Tests 2 MW Subaru-Branded Wind Power System

Fuji Heavy Industries Ltd., the parent company of Subaru, announced that it has been testing its newly-developed two-megawatt wind generation system since the beginning of 2006. The prototype of the system, called Subaru 80/2.0, is at Hasaki, Kamisu City, Ibaraki Prefecture, facing the Pacific Ocean. The three-bladed wind turbine has a controllable pitch and is […]

Milestone Achieved in the Development of Biological Fuel Cells

Researchers have developed an enzyme based hydrogen fuel cell to power real world devices. The enzyme technology is tolerant of gases that poison traditional fuel cell catalysts removing the need for separation membranes. The enzymes used are isolated from naturally occurring bacteria that have evolved to use hydrogen in their metabolic process. The unique features […]

Church Denounces Global Warming But Invests in Oil

THE Archbishop of Canterbury has been accused of hypocrisy for lecturing politicians on global warming while the Church of England reaps millions of pounds from shares in oil firms. Rowan Williams warned last week that climate change was a The Times Online

Iran Still Insisting on Persian Gulf Oil Bourse

Iran is still insisting on opening a Persian Gulf oil bourse with the southern Iranian island Kish as its base, state-television reported Saturday. ‘The issue has already been agreed upon and the oil ministry has been instructed to open this bourse in the Persian Gulf island of Kish,’ Economic and Finance Minister Davoud Danesh-Jafari said.M&C […]

Saudi Arabia Foiled 90 Pct of Attacks – Minister

Saudi Arabia has foiled about 90 percent of attacks militants had planned to carry out in the world’s largest oil exporting country, a top official said in remarks published on Saturday. “This is thanks to God and to detailed security efforts and continuous tracking of terrorist cells,” Interior Minister Prince Nayef told the pan-Arab Al […]

US BLM Rejects ExxonMobil Bid For Oil Shale Research

The U.S. Bureau of Land Management rejected Exxon Mobil Corp. (XOM)’s bid to participate in a federal oil shale research program, a BLM spokeswoman said Friday. The BLM seeks to allow oil companies to engage in oil shale recovery technology research and experimental production in federal leases located in Colorado and Utah. But on March […]

Iraq terror backlash in UK ‘for years’

SPY chiefs have warned Tony Blair that the war in Iraq has made Britain the target of a terror campaign by Al-Qaeda that will last The Times Online

The world is waking up to new era of power politics

By Daniel Yergin The institutions and policies set up after the 1973 Arab oil embargo can no longer meet the needs of energy consumers or producers, says our correspondent Old questions, new answers ON THE eve of the First World War, Winston Churchill, the First Lord of the Admiralty, made an historic decision: to shift […]

A Tangle in Caracas for Exxon

HOUSTON Few moves can rattle the executive suites of companies here in Houston. But one that did came late this week: a comment from Venezuela’s energy minister, Rafael Ram

Canada to Ban LNG Ships in Nation’s Waters

Canada plans to prohibit U.S. owners of liquefied natural-gas terminals in Maine from using waters off New Brunswick to bring large LNG tankers into their plants, Canadian Press reported, citing a member of the federal Cabinet. Greg Thompson, the Canadian province’s senior minister in Prime Minister Stephen Harper’s Cabinet, said LNG is seen by the […]

Oil companies sign transition pacts with Venezuela

CARACAS, Venezuela – Seventeen oil companies operating in Venezuela on Friday signed accords in the presence of President Hugo Chavez agreeing to convert operating service agreements to state majority joint ventures. The Chavez administration last year declared the 32 operating agreements illegal as part of efforts to wrest control of the oil industry from private […]

Activists pessimistic on Nigeria oil crisis talks

LAGOS – A meeting called by President Olusegun Obasanjo with Niger Delta groups is unlikely to resolve a crisis that has cut a quarter of Nigeria’s oil output because the talks have been poorly conceived, the groups said on Friday. The proposed talks had raised hopes that the government and ethnic Ijaw militants were moving […]

Biotech crops will hurt family farmers and worsen energy crisis

As concerns about oil supply mount, the latest group to jump on the renewable energy bandwagon has been the biotech industry. In a March 13, 2006 press release, building towards their Chicago meeting in early April, Jim Greenwood, president of the Biotechnology Industry Organization (BIO), proclaimed that a new wave of genetically engineered technologies “will […]

Peak oil pundit visits Alaska

“Thirty years from now, oil will be little used as a source of energy,” Kenneth Deffeyes told a crowd at the University of Alaska Fairbanks recently. “Our grandchildren will say, ‘you burned it? All those beautiful molecules? You burned it?’” According to Deffeyes, a hard-rock geologist and professor emeritus at Princeton University, the world’s oil […]

Bush reportedly regrets global warming, energy policy decisions

I was so stunned that I couldn’t believe my eyes. This can’t be real, I thought. It has to be a hoax. Tomorrow is, after all, April 1st — what we in the U.S. call “April Fools” day — when pranks and hoaxes are commonly pulled. I’ve done it a couple times on EV World; […]

US oil giants eye Indian energy sector

More than 70 global energy firms, including ExxonMobil, Chevron Texaco, Conoco Phillip, BHP and Shell, lined up in Houston to have a sneak preview of India’s latest offering of oil and gas blocks under the New Exploration Licensing Policy. ..”So far, 30 hydrocarbon discoveries have been made and in-place reserves assessed in 16 of these […]

Australia’s discriminatory uranium policy

Australia has some 40% of the world’s uranium deposits but no nuclear power plants. China has nine civilian nuclear power plants and is planning to build 30 more over the next 15 years to meet a rapidly growing appetite for energy. However, supplying uranium to China will have serious strategic implications for regional geo-politics, indeed […]

Iran blames Britain for disturbances in oil region

The Islamic Republic’s paramilitary police chief charged on Friday that Britain was fomenting unrest in south-western Iran’s oil-rich province of Khuzestan and announced that his force would be dispatching large numbers of units to the province to prevent further disturbances. “We see indications of [British] provocations aimed at creating unrest in this region”, Brigadier General […]

The role of oil in creating dictatorships in Iraq

In building democratic society in Iraq, liberalisation and privatisation of natural resource, in particular oil, must not be overlooked. Oil is the most influential resource when it comes to the Middle East. There was once a time when superstitious expectant mothers visited oilfields in Kirkuk and said in Kurdish, “Babgurgur begur hatim bo kiur hatim”, […]

Business and politics – A role for oil companies in setting climate policy?

Shell and BP were the first to recognise climate change in their advertising. In the main, their advertisements sought to position themselves as responsible companies in so far as they a) accepted that climate change is a problem and b) have invested in a range of renewable energy technologies, and cleaner (i.e. lower carbon) fuels, […]

Peak Oil Passnotes: Obasanjo’s Oily Wand

It’s a crazy market. Last week we were looking forward to a week of normality. Then President Obasanjo of Nigeria called a meeting. That was all it took and we were off once again. The 600,000 barrel per day shut-in from the Nigerian Delta is not helping the tight supply lines we are so used […]

Russian minister fears oil refining crisis

Russia’s minister of industry and energy warned of a possible crisis in the country’s oil refining industry Friday. Viktor Khristenko told a government fuel and energy session that it was impossible to meet forecasted demand, and that the growth potential built in the Soviet times was all but depleted. “A crisis is looming in the […]

Electrification of transportation as a response to peaking of world oil producti

The imminent peaking of global oil production and its potential impact is triggering concern at the highest levels of many countries, including the United States. Policymakers and the public in general are searching for timely and appropriate responses to “Peak Oil”, and this paper highlights an under-appreciated option. The bottom line is this: The potential […]

Peak Opportunity! Earth Liberation and the Oil Endgame

We must recognize three essential points about civilizationindybay

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