Russians harness star power in new battery

Russian scientists have invented a battery that can capture energy not only from the sun, but also from the stars, the head of a research institute at the Dubna Nuclear Institute, near Moscow, said. “The scientists have successfully created a new substance,” Valentin Samoilov announced, “thanks to which this battery can work on earth, independently […]

Texas and US Lower 48 Oil Production as a Model for Saudi Arabia and the World

GraphOilogy – As many people now know, 50 years ago this March M. King Hubbert predicted that US Lower 48 and Texas oil production would peak, and enter a terminal decline, somewhere between 1966 and 1971. Dr. Hubbert also predicted that world oil production would peak, and enter a terminal decline within 50 years, i.e., […]

Deserts Expanding With Jet Stream Shift

AP – Deserts in the American Southwest and around the globe are creeping toward heavily populated areas as the jet streams shift, researchers reported Thursday. The result: Areas already stressed by drought may get even drier. Satellite measurements made from 1979 to 2005 show that the atmosphere in the subtropical regions both north and south […]

Russia seeks to seize control of Sakhalin

Royal Dutch Shell’s flagship investment in Russia was facing uncertainty last night after the Natural Resources Ministry threatened to scale back the company’s stake in a huge liquefied natural gas project to allow the Kremlin greater control. The threat concerns the Sakhalin-2 project, the largest direct foreign investment in Russia, and a venture that will […]

House OKs Alaska Oil Drilling

(AP) Citing the public outcry over $3-a-gallon gasoline and America’s heavy reliance on foreign oil, the House on Thursday voted to open an Alaska wildlife refuge to oil drilling, knowing the prospects for Senate approval were slim. Drilling proponents argued that the refuge on Alaska’s North Slope would provide 1 million barrels a day of […]

Spitzer (NY-D) On Energy

The Oil Drum NYC – Eliot Spitzer is way up in the polls for the Democratic nomination for Governor – he now leads Nassau County Executive Tom Suozzi by 63 percentage points. And with the Republicans divided between Weld and Faso, with Faso now likely to run an insurgent Conservative Party run if he doesn’t […]

The Oil Drum: What’s Up With Hugo and PDVSA? (with a Note on Bolivia)

It’s time to check in with Venezuela and some other events in South America as Hugo’s Bolivarian Revolution goes forward. Apparently, he strives to be Fidel Castro only with oil and without the beard.Much more after the jump to The Oil Drum.

Sugar Rises as Costlier Crude Oil Spurs Demand for Ethanol

Bloomberg – Sugar gained in London and New York as oil prices advanced, increasing speculation that higher energy prices will spur demand for ethanol, an alternative fuel derived from sugar cane and added to gasoline… “Sugar is now correlated with crude as a result of increased demand for ethanol as a biofuel,” London-based broker Sucden […]

Petroleum Review May 2006

Last month’s issue included a tabulation of megaprojects. However, shortly after publication, Opec posted further details of new projects on its website. These represent a significant additional capacity assuming they come onstream more or less on time. Capacity erosion is a straight line extrapolation from the 2005 actual of 1.261mn b/d, or approximately 1.5% of […]

Switched On to Keeping SA in Power This Winter?

There is a strong possibility that the entire southern African region will soon plunge into darkness.“It is important to raise the public’s awareness that the more energy we use, the more power needs to be generated,” says South Africa’s power utility Eskom demand-side management manager Tsholo Matlala. “The result is that more power stations need […]

New Orleans Seen Top US Target for ‘06 Hurricanes

New Orleans, still down and out from last year’s assault by Hurricane Katrina, is the US city most likely to be struck by hurricane force winds during the 2006 storm season, a researcher said on Wednesday. The forecast gives New Orleans a nearly 30 percent chance of being hit by a hurricane and a one […]

Oil-producing trees to help solve fuel shortage

Oil-producing trees are being planted in southwest China’s Yunnan Province to increase the region’s fuel supply. The new project will result in more than 666,000 hectares of jatropha curcas trees being planted with the aim of extracting bio-diesel for automobiles. This year, the trees will be planted over a 25,000-hectare area. Currently, the forest coverage […]

Iran & India’s energy security

With Iran backing out of its $22 billion contract for supply of liquefied natural gas in ships and also excluding India from the three-nation overland gas pipeline, New Delhi needs to redouble its efforts to ensure energy security to sustain its economic growth rate. The plea that no deal is final till it is approved […]

French Energy Saving Scheme to Boost Power Prices

France plans to launch an energy efficiency certificate scheme from July 1 to cut the country’s energy use while boosting power prices to finance investment in the sector. The law, approved by the French cabinet on Tuesday, will require suppliers of electricity, gas and domestic heating oil to ensure that their consumers save on energy. […]

Crude oil production down 1.9 pc in April 2006: India

Crude oil production during April 2006 fell by 1.9 per cent at 2.749 million metric tonnes (MMT) against 2.802 MMT for the same month last year. The production also fell short of the planned target of 2.789 MMT for the month by 1.4 per cent, according to figures released by the Ministry of Petroleum and […]

Energy Geopolitics 2006

by Richard Heinberg News reports flitting across computer screens these days seem increasingly to be related to the subject of energy. But what do they signify? The modern world affairs analyst is in little better position to discern the patterns and portents than was his or her ancient Roman counterpart, the reader of entrails. What […]

The great uranium bull run

The price for uranium today is the highest it’s been in 27 years. And with its current trend it may only be a matter of months before it matches its all-time high of just over $43 per pound. But until it started to take off in 2003, uranium spent a couple decades hovering around the […]

Oil Prices Could Undercut Debt Relief for Africa

Africa’s poorest countries could lose the benefits of a debt-relief package because of a sharp jump in the cost of their oil imports. The debt deal, agreed by Group of Eight (G-8) finance ministers last month, is set to save sub-Saharan African nations about $1bn a year. International Energy Agency officials believe, however, that the […]

Nuclear fusion ok, but regulation, better for energy problem

Nuclear fusion holds the promise of providing humans with safe and clean electricity, but it’s going to take quite some time to get out there, said Steve Chu, director of Lawrence Berkeley Livermore Lab, during a presentation at the China-U.S. Climate Conference taking place at U.C. Berkeley this week. “It won’t be a major supplier […]

Oil Drilling Worldwide Increases

The number of oil wells being drilled worldwide is on the rise. Russia’s oil drilling surpassed its market, according to Research and Markets latest report, creating export opportunities and in the Eastern portion of the United States, oil drilling permits are setting new records in Pennsylvania and Ohio while in Canada, the oil drilling season […]

Oil is Not Scarce — The Oil Industry Continues to Play Us For Fools

That is one of the most important facts in our world, and hardly anyone you meet will believe it. Most people have been bamboozled by the oil industry led by its flacks, by compliant analysts (read Daniel Yergin et al), by peak oil spinmeisters, a snoozing press, and the heavy artillery brought to bear by […]

Power firm eyes world’s cleanest coal plant

Powergen, the British arm of German generator E.ON, said on Wednesday it wants to build a coal-fired electricity plant which safely buries its green house gases, provided it gets government support. The power plant will apply gasification technology which converts coal into carbon dioxide (CO2) and hydrogen. Powergen says it will capture some 90 percent […]

Ethanol, Alternative Energy Stks Rise As Oil Prices Climb

Shares of ethanol-producing and hydrogen fuel-cell companies rose sharply Tuesday as higher oil prices provided the economic stimulus for investment in alternative-energy sources. Fuel cell maker Ballard Power Systems Inc. (BLDP) was among the largest percentage gainers, climbing 24% to $7.95. Ballard also was benefiting from an upgrade from Citigroup, which raised its rating to […]

Gasoline Prices May Surge During Summer Hurricane Season, BNP Paribas Says

Below-normal inventories and reduced fuel production may worsen the effect hurricanes have on gasoline prices this summer, according to a report by BNP Paribas SA, France’s largest bank. Gains this month in U.S. gasoline inventories have failed to bring supplies to normal levels, said analyst Eoin O’Callaghan, the report’s author. The switch to ethanol as […]

California’s Hydrogen Plans … Reasonable

Those forward thinking folks at the National Hydrogen Association sent me an email about their new hydrogen fueling station database. I doubt that unless you’re the Spallino family though you’d have much use for it. There seems to be 10 public hydrogen fueling stations in North America, 5 of them in California and only 1 […]

President Lula: Brazil Will Be Energy Superpower in 20 Years

Brazilian President Luiz Inacio Lula da Silva said he is convinced that within a generation his country will be the world’s leading energy power, adding that he has made a commitment to developing alternative fuels such as bio-diesel. rigzone

U.S. Senators and Congressmen to Address Homeland Security, Alternative Energy

“Energy, security and transportation as domestic and foreign policy issues make this conference very timely, and we’re fortunate to have the insights of so many distinguished leaders from the public and private sector,” said Bruce Agnew, Director of the Seattle-based Cascadia Center for Regional Development. yahoo

Saturn VUE Green Line Hybrid: Lowest Price, Best Highway Fuel Economy

GM greencarcongress

Seven Nation Group to Pursue Fusion Energy Research

VOA – The United States and several other nations have signed a $13 billion agreement to develop a form of nuclear power in a process called fusion. They will cooperate to build an experimental reactor intended to mimic the way stars make energy, with the hope that the research will eventually lead to a plentiful […]

Sudan Says OPEC Invites it to Join Oil Cartel

LAGOS (Reuters) – OPEC invited Sudan to become a full member of the oil cartel on Wednesday, Sudan’s official news agency reported. Sudan is a small oil producer, with output currently around 500,000 barrels per day (bpd), but it has attended meetings of the 11-member cartel for more than five years as an observer and […]

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