Last month, the Ministry of Mines and Energy warned the public of impending fuel price hikes, saying since Namibia was not an oil producing country, it was “at the mercy” of oil producing countries, as it could have no influence whatsoever on fuel prices. Namibians were warned to brace themselves for difficult times ahead as […]
The Trade and Industry Secretary, Alistair Darling, hinted yesterday the Government may give energy companies financial incentives to cut household electricity consumption as part of its goal of making all new homes “carbon neutral”. Initiatives to increase energy efficiency so that the economy continues to grow while energy demand falls in absolute terms, is expected […]
Guinea’s two most powerful trade unions have threatened to call an unlimited general strike from Thursday unless the government acts on demands issued two weeks ago. New demands by the National Confederation of Guinean Workers (CNTG) and the Union Syndicate of Guinean Workers (USTG) call for reductions in the prices of fuel and the nation’s […]
Global uranium resources are more than adequate to meet projected requirements for nuclear electricity generation, according to the latest edition of a United Nations-backed world reference guide. The guide ‘Uranium 2005: Resources, Production and Demand,’ jointly prepared by the International Atomic Energy Agency (IAEA) and the Organization for Economic Co-operation and Development (OECD) estimates the […]
Telegraph – Russia has served a double warning over the price of oil and intervention to block attempts by its energy firms to move into EU markets. Viktor Khristenko, Russian’s energy minister and guardian of 5pc of the world’s oil reserves, declared that motorists and business would have to learn to live with expensive fuel […]
(UPI) — As the world`s energy resources diminish ever more rapidly, the question of how to keep the lights on is rocketing up the political agenda to become one of the key international security issues of the age. British government and industry figures Monday delivered a blunt warning against the current trend towards national protectionism […]
Motley Fool – Rising energy prices are driving oil sands production to new heights. Last week, Canada’s National Energy Board (NEB) released a report giving an update on the opportunities and challenges facing Canada’s oil sands between now and 2015. (Link opens a PDF.) A follow-up to a 2004 report, the document takes into account […]
Schlumberger – With Saudi Arabia’s latest revelation, there’s one less mystery to what’s been behind oil price strength over the past few months. While Saudi Arabia has said it’s investing heavily to raise its oil output capacity to 12.5 million barrels a day in 2009 from 11.3 million b/d, the world’s No. 1 crude producer […]
Scotsman.com – MORE than 20 new oil and gas fields will have to be developed in British waters each year to help keep pace with the current rate of production, according to an authoritative report on the industry’s future. A new study by Professor Alex Kemp and Linda Stephen of Aberdeen University on the prospects […]
The Independent – The head of the world’s aviation industry launched a savage attack on oil companies yesterday, blaming them for the fact that global airline losses this year are set to reach $3bn (The Independent
KARACHI: As the authorities in Islamabad try to come up with a solution to the city The police said that when such riots erupt they do not attempt to stop them as this only tends to make the situation worse. However, if the riots disrupt a major artery that could affect the city
CANADA – Alberta farmers’ incomes have dropped 50 per cent in the last year, leaving some questioning whether they can afford to stay in business. …Alberta farmers blame a litany of problems, including high fuel prices and foreign subsidies. Rod Scarlett, executive director of Wild Rose Agricultural Producers, says the family farm is in jeopardy […]
The Energy and Environment Best Practices Report is a work in progress, done in preparation for U.S. Conference of Mayors President and Long Beach Mayor Beverly O
Johannesburg – Cecelia Makiwane Hospital in East London was again the scene of anger and protest on Tuesday, following the death of four babies at the hospital last week, the SABC reported. The incubators and ventilators that had kept the babies alive shut down during a power outage last weekend, and a stand-by generator did […]
BALTIMORE Authorities said Boulware used a magnetic key and a code that effectively places a pump on standby mode, allowing him to dispense gasoline unnoticed. Boulware had worked for gas testing companies, which is how police believe he obtained the key and code.
“Fuel made from corn is produced right here. That’s biofuel for thought,” says a new ad from BP, the oil company now known as Beyond Petroleum. As Peak Oil pushes up gasoline prices, America’s top biofuel, ethanol, can power our cars more cheaply, while enhancing U.S. energy security and helping the environment. But ethanol can […]
Youths in Southern Bayelsa state of Nigeria who freed eight foreign oil workers they held for three days on Sunday, say they may strike again if the understanding reached with the oil company is not implemented. Gilbert da Costa in this report for VOA takes a look at the tenuous relationship between oil companies in […]
Soaring fuel prices could delay a return to profit for the US$450 billion (euro350 billion) airline industry, its main global body warned Monday, as cost-cutting efforts fail to keep pace. The International Air Transport Association, hosting airline executives at its annual meeting, raised its 2006 net loss forecast to US$3 billion (euro2.3 billion) from US$2.2 […]
The tatty myth of the vanishing polar bears is trotted out again in a global-warming debate that is heating up. AUSTRALIA – You are about to read some lies. They must be lies, because the Howard Government’s Environment Minister, Ian Campbell, insists the debate about global warming is over. “I don’t think there is much […]
SINGAPORE (Reuters) — U.S. crude prices climbed a dollar to over $73 on Monday after Iran hinted it might use oil flows as a weapon in its nuclear dispute with the West and problems at U.S. refineries spurred worries over fuel supplies. NYMEX light crude for July delivery traded 95 cents up at $73.28 a […]
It never crossed Larry Viterna’s mind to type his own name into a search engine until late last year. An accomplished NASA engineer and manager with a Ph.D., he could expect to find plenty of entries. But when Viterna finally Googled himself, he could hardly believe the results: hundreds of references to an analytical model […]
While Bush and Blair are now feeling somewhat challenged by their exponentially expensive and increasingly deadly decisions regarding Iraq, pundits are piling up in great heaps of contradictory contrarian calumny. Yes, I did, and No, You Didn’t are trumped, finally, by vociferous allegations about yo’ mama. Is we or is we not running out of […]
European equity markets fell on Monday as crude prices rose above $73 a barrel, re-igniting fears that high raw materials costs could lift inflation, while stifling earnings growth. By midday, the FTSE Eurofirst 300 had recovered some lost ground, but remained 0.3 per cent lower at 1,309.27. Frankfurt Equities were hit as oil spiked above […]
Rising prices can force independent gas stations to sell fuel at a loss — or lose business. Consumer advocates fear California’s unbranded dealers could be wiped out, weakening competition. Lured by a discount of 6 cents a gallon, Erin Farrow drove past a Chevron station to pump $50 of no-name gas into her Ford Explorer […]
June 5 (Bloomberg) — Crude oil rose to the highest in more than three weeks after Iran said any U.S. action against its nuclear facilities risked disrupting shipments of crude from the Persian Gulf, which supplies about 20 percent of the world’s oil. The U.S. could “seriously endanger energy flow in the region” by acting […]
Prime Minister Roosevelt Skerrit wants nationals to conserve energy and regulate their consumption levels, following a new price increase on fuel, gas and kerosene in Dominica. The Dominican leader explained that absorbing price increases is putting a strain on government resources. “It’s never advisable to absorb the increases because it places a strain on the […]
Europe needs to take additional steps to bolster biodiesel production rather than focus on ethanol in a bid to support its farmers, says oil major Total. This would run parallel with efforts by oil refiners to raise European diesel production capacity to meet ever increasing demand for the motor fuel.Reuters
More than a third of Europeans rate the cost implications of becoming more energy efficient higher than their environmental concerns, according to the new research on energy consumption attitudes from LogicaCMG. While a massive 80% of respondents claimed that they were worried about climate change, 36% admitted that the expense was a key factor against […]
Access to cheap energy is a linchpin of modern industry and civilisation. Energy, mostly from fossil fuels, allows us to heat homes, and power factories and transportation systems. Worldwide every day, we devour the energy equivalent of about 200 million barrels of oil, but much of this energy comes from coal, gas and nuclear fuel […]
European Union efforts to secure stable oil and gas supplies must include the negotiation of an energy pact with Russia and talks with China on reining in runaway energy consumption, top EU officials said on Friday. A report drawn up by Benita Ferrero-Waldner, the bloc’s external relations commissioner and Javier Solana, EU foreign and security […]
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