Zimbabwe could be trapped in a fuel price spiral as neither an improvement in the exchange rate nor a significant decline in international crude oil price is anywhere near the horizon. Analysts said movements in the oil price and exchange rate are having a significant impact on the commodity’s price in the country — and […]
In April, the Russian oil-pipeline monopoly Transneft announced that it had decided to support the construction of a new overland oil pipeline from the Bulgarian port of Burgas on the Black Sea to the Greek port of Alexandroupoli on the Aegean. The long-anticipated decision has significant implications. For one thing, it allows Russia to kill […]
The utilities industry is facing its biggest challenge in modern times according to the eighth annual PricewaterhouseCoopers report ‘The Big Leap: Utilities Global Survey 2006’. According to the report, two-thirds of the world’s leading utility company leaders hold this view with the majority rating the changes that the industry will have to undergo as little […]
According to a recent report by the National Coal Council, an advisory board to the Department of Energy that is dominated by coal executives, if America invested $211 billion in coal-to- liquids refineries over the next 20 years, it could make 2.6 million barrels of diesel per day, enhancing the American oil supply by 10 […]
Almost a century after becoming the site of China’s first land-based oil well in 1907, northwest China’s Yan’an City is facing a water crisis caused by its booming oil industry. The city on the Loess Plateau was the base of the Chinese revolution for 13 years, but now it battles to keep its water reserves […]
India plans to dig the bed of the Brahmaputra, one of Asia’s biggest and most turbulent rivers, in Assam to hunt for crude oil reserves. “We have launched an aggressive attempt to accelerate oil production in the country with a target to enhance our output in Assam by at least one million tonnes by next […]
Khaleej Times – Opec oil production will rise by 300,000 barrels per day in June because of an increase from Saudi Arabia and Iran, the group’s two top producers, oil consultant Petrologistics said yesterday. The Organisation of the Petroleum Exporting Countries will pump 29.7 million bpd in June, up from a revised 29.4 million bpd […]
The novel treatment developed by researchers at the Technical University of Munich can cut the surface reflection silicon experiences by 95 percent to 98 percent across the wavelengths of light solar power cells use, making them black. “The results are really good when it comes to preventing reflection. It is still speculative as to how […]
There is one city that has consistently grabbed headlines in relation to Peak Oil awareness. Using Google’s latest republic-news
On that basis $80 oil would not be a major surprise would it? After all that is less than $5 over the record. It also will not be the end of the world. But, you can bet your life if we see $80 in 2006 the pathetic excuse we have for a media, will tell […]
After three years of unremitting bullishness on the subject of oil prices, the time has come to consider a change of tune. After all, all trends change direction at some point and the seemingly relentless rise in the price of oil is no exception. At some point it will reverse and fall, probably sharply; about […]
Washington usinfo
have stats flying out of my mixer these days, I just have to find the time to compile them. The first thing that I wanted to check with the EIA’s data was the electricity consumption per capita. First of all though, if you haven’t seen it already, take a look at what I consider to […]
The Nuclear Regulatory Commission issued its first license for a major commercial nuclear facility in 30 years Friday, allowing an international consortium to build what would be the nation’s first private fuel source for commercial nuclear power plants. Construction of the $1.5 billion National Enrichment Facility, under review for the past 2 1/2 years, could […]
A Texas Agricultural Experiment Station researcher is exploring the feasibility of harvesting and using rangeland woody plants, such as mesquite and red berry juniper, as an ethanol feedstock for a distributed bio-energy industry in rural West Central Texas. Please note the comments at the bottom greencarcongress
Western Milling, California greencarcongress
Interest in hydrogen as a vehicular fuel has many researchers investigating ways to create hydrogen inexpensively; other researchers are looking at ways to transport and store hydrogen in a safe manner. Lueking fuelcellsworks
Rigzone – The woman poised to return as Ukraine’s prime minister vowed Thursday to review a disputed deal with Russia on natural gas imports, setting the stage for a new confrontation that could disrupt the country’s economy and threaten supplies of Russian gas to Europe. The announcement came as three political parties once closely allied […]
The Daily Star – Iran said Friday that it would stop importing gasoline in September and begin rationing it, ironic for a country that is OPEC’s number-two exporter of crude oil. “As there is nothing provisioned for petrol imports in the second half of this year’s budget … the imports will naturally stop and petrol […]
MarketWatch – A deal between the globe’s most populous nation and the biggest oil producer in the world may hold significant consequences for oil prices, but experts disagree on exactly what that outcome might be. China and Saudi Arabia are reportedly discussing an agreement to import oil from Saudi Arabia to fill China’s strategic oil […]
Grain alcohol is seen as the new gasoline. But which recipe is the one for investors to bet on? SAN FRANCISCO (Business 2.0 Magazine) – Everywhere you look these days, tech and business world luminaries – like Richard Branson, Paul Allen, Steve Case, Vinod Khosla, John Doerr, and Bill Gates – are laying down big […]
ANNAPOLIS, Md. – Gov. Robert Ehrlich vetoed an electricity-rate relief plan designed to spare customers the brunt of a 72 percent increase next month. Ehrlich had complained that the plan did not let Baltimore Gas and Electric Co. customers choose whether to participate in a payment plan that included a monthly fee, and he asked […]
“Boutique” gasoline blends to help states meet clean air rules are not a factor in higher prices as President Bush has suggested, says a draft of a study ordered by the White House.Although often cited as a reason for volatile gasoline prices, so-called “boutique fuels” have not caused unusual distribution problems or contributed to price […]
OSLO, Norway (Reuters) — The World Cup, a movie by former U.S. Vice President Al Gore and the World Bank are all doing their bit to fight global warming by using the burgeoning but barely regulated business of “carbon neutrality.” Holidaymakers, worried that jet fuel emissions are warming the planet, and firms such as Europe’s […]
HARRISBURG — Price caps on electricity are on their way out and a new challenge is on its way in. The state Public Utility Commission is trying to prevent the kind of sudden rate spikes Maryland and other states saw when utilities were fully deregulated there. The commission invited 26 stakeholders — including power distribution […]
ASPO
TEHRAN (Reuters) – Iran will halt gasoline imports from September 23 and start rationing gasoline supplies to motorists because of budget constraints, Iranian Oil Minister Kazem Vaziri-Hamaneh said on Friday. Parliamentarians in the OPEC producer approved a budget for the year to March 2007 that cut the amount to be spent on gasoline imports to […]
Perhaps a diesel hybrid, fuel cell or industrial-sized popcorn popper This year, Paris played host to the eighth annual Michelin Challenge Bibendum, a gathering of auto manufacturers, researchers, inventors, and free thinkers from all over the globe to explore the idea of “Sustainable Mobility.” In other words, how can humans transport themselves in an earth-friendly […]
Kerr-McGee, Western Gas agree to all-cash deals OKLAHOMA CITY – Oil and natural gas producer Anadarko Petroleum Corp. announced two multibillion dollar deals to acquire smaller producers Kerr-McGee Corp. and Western Gas Resources Inc. Houston-based Anadarko will pay $16 billion in cash, or $70.50 per share, for Oklahoma City-based Kerr-McGee. That represents a 40 percent […]
This week, Nanosolar, a startup in Palo Alto, CA, announced plans to build a production facility with the capacity to make enough solar cells annually to generate 430 megawatts. This output would represent a substantial portion of the worldwide production of solar energy. According to Nanosolar’s CEO Martin Roscheisen, the company will be able to […]
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