Russia an Energy Hazard to G8 Partners – Ex-Putin Adviser

State dominance in the oil and gas sector means Russia is an energy hazard to its Group of Eight partners rather than a guarantor of secure supplies, a one-time economic adviser to President Vladimir Putin said Tuesday. Andrei Illarionov, who served as Putin’s envoy to previous meetings of the Group of Eight major industrialized nations, […]

French Senate Report Calls for EU Action to Counter Climate Change, Peak Oil

A report on sustainable development prepared by two French Senators for the French Office Parlementaire D greencarcongress

Hyundai Sets Out to Claim 90 Percent of All New Fuel Cell Vehicles

The world’s fastest-growing car company doesn’t see any future in hybrid vehicles, and is concentrating on fuel cell technology instead, Fairfax journalist Rob Maetzig reports. SOUTH Korea’s Hyundai Group is forecasting that by the middle of this century fuel cell vehicles (FCVs) will command a 90 percent share of the world’s new vehicle market. fuelcellsworks

Warning: Are You Prepared For Fuel Shortages (Swaziland)

The Swazi Observer – All manner of prophets, doomsday cults and apocalyptic Bible prophecy sects are warning of The End. The sun could collapse into a black hole and the earth get sucked in along with it. We could all freeze to death in a nuclear winter or a stray comet might crush into the […]

ASPO Newsletter – July

The July ASPO Newsletter is now available. Articles include: 724. Venezuela Revisited 725. British Ambassador admits to Peak Oil 726. The airlines admit to Peak Oil 727. Astrology 728. It is not difficult to guess the motives 729. ASPO-5 International Conference in Italy 730. Clinton raises alarm about oil depletion 731. Scientific evaluation of the […]

Turkmenistan’s hold on European energy security

In the wake of the “gas war” between Russia and Ukraine in early 2006, and the brief interruption it caused in supplies to Europe, the world awoke to the increasing importance of Central Asian natural gas for European energy security. After all, the bulk of the natural gas that Ukraine imports through Russia comes from […]

Is peak oil a myth?

Not if but when Dear Editor, You need to do more research. There is no question that peak oil will occur. The only real debate is when. People like yourself that have not done the research, and the politicians that only care about being elected are the cause of what is going to happen. Missing […]

Pickup truck sales latest victim of high US gasoline prices

CHICAGO (AFP) – The pickup truck became the latest victim of high gasoline prices in June, cutting deeply into the profits of US automakers which are reliant upon the gasoline-guzzling vehicles, according to figures. Sales figures showed sharp drops in sales overall for General Motors Co., Ford Motor Co. and the Chrysler Group as consumers […]

Petrocaribe deal slow to take effect

SAN JUAN, Puerto Rico – One year after 13 Caribbean countries signed a deal with Venezuelan President Hugo Chavez to buy oil under preferential terms, a majority of them have not received a single drop of fuel, while those that have are still paying high prices at the pump. Cash-strapped Caribbean countries have welcomed the […]

Global thirst, fears keep gas prices high

(CNN) — An interconnected set of domestic and international factors have pushed gas prices steadily higher over the past few years, and an almost unquenchable global demand for energy may keep them there for at least the short term, industry observers say. The average price for self-service regular was hovering near $3 a gallon as […]

Wave energy causes surfers rift

Plans for wave energy machines off the north Cornwall coast have created a split in the surfing community. Some surfers are concerned that the machines will take energy from the waves and reduce wave heights. They also fear it would put at risk the surfing industry, which is worth an estimated BBC

New solar power much cheaper than oil, says new report

A study released today claimed that Europe cut emissions of CO2 from electricity generation by 70% by the year 2050 and phase out nuclear power whilst meeting all its electricity needs. The report, commissioned by the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety, supports the gradual replacement of old power plants […]

Big 3 auto sales slump

Detroit’s Big Three automakers all posted dismal June sales on Monday, while Toyota saw gains.“I expect a double-digit decline in July, the magnitude of decline is the only thing left to be determined,” Ford’s George Pipas said on a conference call Monday. “We will see some softening in consumer spending in the second half of […]

Alberta eyes greater share of oil wealth

Alberta is quietly studying how it could boost its take from the oil sands, as the gap widens between the province’s royalty income and the industry’s revenue. There has been a growing chorus of calls to rewrite the decade-old rules for the oil sands and boost royalty rates, which critics say amounts to a massive […]

Forget cheap gas, Iran tells India

In what may derail the ongoing negotiations over implementing the $8 billion plus Iran-Pakistan-India (IPI) natural gas pipeline project, India has taken strong note of the comments made recently by the Iranian deputy minister of oil for international affairs, Mohd Hadi Nejad Hosseinian on pricing of its gas. A note received on June 25 from […]

BP blames Venezuela’s Chavez for shortfall in production

Venezuela’s left-wing government is demanding that BP give up an even greater proportion of the oil produced at its fields in the country, as president Hugo Chavez tries to claw back more of the country’s oil wealth from multi-national companies. BP – the UK’s largest oil company – said yesterday that it produced less oil […]

Ukrainians punt free energy generator on eBay

Here’s one for the technically-minded among you to ponder: a Ukrainian “free energy electro power source” which has popped up on eBay. Quite how the 100kW+ wonder machine works is anyone’s guess, and the vendors are remaining pretty tight-lipped on the matter. It doesn’t run on petrol or diesel, but does consume 1200m3 of air […]

Farming must change to aid environment

UK Farm and Environment Minister David Miliband called on Monday for agriculture to make a positive contribution to the environment, minimising greenhouse gas emissions and expanding in areas such as the production of renewable fuels.Miliband cited the positive impact of growing energy crops that could replace fossil fuels and so cut the emissions of greenhouse […]

Nothing concrete on jatropha biofuel yet, says PNOC

Lest people fall into the hyped bright promises of the jatropha plant (tuba-tuba) as bio-diesel, Philippine National Oil Company Energy Development Corporation (PNOC-EDC) says, nothing is concrete yet.“It is a misconception that jatropha is an immediately available alternative fuel,” said PNOC president Chief Executive Eduardo V. MaPIA

How did oil power Iran fall into a petrol crisis?

Despite being OPEC’s second biggest exporter, Iran needs to import some 40 percent of the 70 million litres of gasoline it burns each day owing to a lack of refinery capacity. Parliament has forced action in the year to March 2007, slashing the budget for petrol imports. This should mean the government will either have […]

Tapping older oil fields for profitable leftovers

Older oil fields, shunned by the giants of the industry, are turning into big business for a batch of smaller firms. NGP Energy Capital Management, ATP Oil & Gas and Whiting Petroleum are getting enough crude to fuel nine million cars a day from fields that BP and Exxon Mobil had given up for empty. […]

World’s Biggest Trend is the End

Toronto Star – Now even the smart people are saying we’re toast When the dorks start spouting doomsday scenarios, it’s time for the rest of us to take heed. Once a topic relegated to fringe academics and geocities websites, discourse on the pending collapse of civilization is becoming the raison d’etre of some of Earth’s […]

The Race to Replace Fossil Fuels

Wind power is “poised to become to become the foundation of the new energy economy,” claims a new survey by the Washington, D.C.-based Earth Policy Institute. According to the environmental group, global wind electricity-generating capacity increased by 24 percent in 2005 to 59,100 megawatts–a twelvefold increase from a decade ago, when world wind-generating capacity stood […]

Solar Cool roof coating

Solar Cool, a water based co-polymer heat reflective paint by Insultec, has been proven to reduce inside temperatures by 47% and reduce cooling costs by up to 77%. The Solar Cool breakthrough is based on a unique formula of inert pigments and special filters, creating a product that stops damage resulting from solar heat. Solar […]

Tapping the Latent Power in What’s Left Around the Barnyard

In a sense, it is the ultimate renewable source of fuel. Weather anomalies can kill off corn crops, calm the winds, obscure the sun nytimes

2005

In 2005, nominal oil prices increased by about 40% and reached new records. World oil production, world oil demand, world oil trade, and US oil imports also hit new records. The oil producing countries generated record revenues, experienced budget surpluses, and enjoyed higher rates of economic growth. Many oil companies generated record quarterly profits. The […]

THE COMMODITY BULL LIVES

The most important source of energy is oil and related products. It is the most compact form of portable energy for easy use. Currently, around 25 billion barrels of oil/year are consumed and with China oil consumption increasing 2% year over year, over 500 million more barrels are required next year. If no other countries […]

Greenwash: The rebranding of Shell and BP is a fraud.

For the past two or three years, environmentalists (myself included) have been publicising the idea that global oil production might soon peak and then go into decline. This possibility helps to demonstrate, we argue, that our dependence on oil is unsustainable, and we must find means of giving it up. The oil companies have seized […]

Energy list to encourage sustainable growth

In a drive to promote sustainable growth China yesterday published a list of coal and electricity consumption for every province, autonomous region and municipality except Tibet on the mainland. China’s 11th Five-Year Plan (2006-10) calls for overall consumption of energy per unit of GDP to be cut by 20 per cent in five years. The […]

Climate change could cause earthquakes and volcanic eruptions

A number of geologists say glacial melting due to climate change will unleash pent-up pressures in the Earth’s crust, causing extreme geological events such as earthquakes, tsunamis and volcanic eruptions. A cubic metre of ice weighs nearly a tonne and some glaciers are more than a kilometre thick. When the weight is removed through melting, […]

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