Chinese company develops high-efficient wind power generator

A new type of wind power generator that can operate in low winds is one of the star attractions at the Third Asian Wind Energy Exhibition being held here this week. A breeze of just over 5 kms an hour is sufficient to start the machine, which means it can operate for many more hours […]

There are no Reds under the bed, or in the pipeline

There is a whiff of Russophobia in the air, and it worries me. Critics who complain about the Germans, the French or the Spanish taking over chunks of British industry are even more vociferous about the spectre of the Russian bear and argue that the government should legislate to ban Gazprom from launching a takeover […]

Crude oil could rise to $100 a barrel

A leading Irish oil industry expert has warned that crude oil prices could yet soar close to $100 a barrel if the US steps up pressure on Iran. David Horgan, managing director of Petrel Resources, said that the financial markets had failed to price in the risk of an attack on Iran in the next […]

People Using Cooking Oil, Not Gas, In Diesel Cars

When Sellers, 31, bought an $800 conversion kit two years ago, “it had nothing to do with fuel prices; it was just a decision on having some sort of independence and challenging the use of fossil fuels,” said the adjunct professor of art at Frederick Community College. With gas prices skyrocketing, he’s saving $80 to […]

White House urges Alaska lawmakers to OK gas deal

Vice President Dick Cheney in a letter this week urged Alaska lawmakers to approve Gov. Frank Murkowski’s controversial deal with major oil companies for a $20 billion natural gas pipeline from the state. Cheney sent the letter to members of the Alaska Legislature urging them to promptly enact legislation needed to seal the pipeline contract […]

D.C.’s Fear of Heights

…Urban expert James Kunstler argues that energy shortages will scare residents away from skyscrapers because no one wants to climb 50 flights of stairs during a brownout, but that should only scare residents away from skyscrapers without backup generators. If anything, energy shortages should scare residents away from their gas-guzzling suburban commutes. If that ever […]

Mix of solutions may be needed to fund state roads

LANSING, Mich. – Every time a Michigan driver pulls up to the pump for gasoline, the per-gallon price includes 18.4 cents in federal gasoline taxes and 19 cents in Michigan gasoline taxes. That doesn’t change, no matter how high the price of gasoline goes. But as motorists deal with prices hovering near $3 a gallon, […]

Oil-rich Russia makes rouble convertible

For years it was the changeable currency of defaults, declines and dodgy wheeler-dealing. But the Russian rouble, riding high on Moscow’s burgeoning status as an energy superpower, becomes fully convertible from tomorrow as the petrodollar giant unleashes on the world a currency to match its growing economic clout. The move, which will take practical effect […]

Opening up energy sector is Kuwait’s key challenge

Kuwait’s new parliament, elected on Thursday, must address outstanding economic issues facing the nation. The challenges include allowing foreign investment in the oil sector, continuing economic reforms and ensuring employment of Kuwaiti nationals in the private sector. The issue of opening up the upstream energy sector to foreign investors is a contentious one. Successive parliaments […]

Russia’s Gazprom aims to become world energy leader

The Russian state-controlled gas monopoly Gazprom on Friday outlined plans to form the world’s largest energy company as it expands its gas and oil business into China and southeast Asia. New acquisitions in the oil and electricity sector are expected to move the company into the top place, CEO Alexei Miller told an annual meeting […]

China scientists make breakthrough turning stalk to bio-oil

Chinese scientists have claimed to have made a breakthrough in reducing the cost of converting crop stalks, chaff and sawdust into bio-oil, an alternative source of energy. Bio-oil produced with the scientists’ technology is 56.8 per cent cheaper than diesel oil and 39.1 per cent cheaper than heavy oil, said Professor Guo Qingxiang of University […]

Skills shortage may slow Africa oil growth

Africa, an increasing supplier of global energy, may be unable to expand its output as fast as expected in coming years due to a shortage of industry skills. Inadequate schools and relative poverty mean Africa is badly placed to compete for the expertise it will need to develop new fields, a situation only made worse […]

G8 Countries Agree on Energy Security Rules

The heads of the foreign offices of the G8 countries, meeting in Moscow yesterday, agreed on a document for the summit in St. Petersburg next month. The document is expected to be a foundation for dependable fuel supplies to the world market. In spite of the disagreement over the subject, Russia seems to have convinced […]

Ecuador, Venezuela Fuse Energy

Ecuador and Venezuela have established a strategic energy alliance whose aim is to foster Latin American integration. The agreements signed between Petroecuador and Petroleos de Venezuela (PDVSA) are included in an extensive process of cooperation and energy fusion in Latin America, Venezuelan Energy Minister Rafael Ramirez said Thursday. The two state companies inked two accords […]

Thirst for oil fuels China’s grand safari in Africa

There are several motives behind China’s African safari. First, it makes economic sense: China requires access to oil and natural resources on a vast scale and wants them delivered securely. But there are also political drivers. China can use its financial muscle to drive forward its acceptance as a market economy and to exert pressure […]

China consumes less energy with faster economic growth rate

China’s growth rate of energy consumption dropped to 9.5 percent last year from 15.5 percent in 2004, while the country maintained a 9.9 percent economic growth rate in 2005. According to a joint press conference held here Friday by the BP Group, the National Development and Reform Commission (NDRC) and the National Bureau of Statistics […]

U.K.: Nuclear ‘won’t plug energy gap’

Building a new generation of nuclear power stations will not solve Britain’s looming energy crisis, a government advisory body said Friday. A government energy review, to be published in July, is expected to recommend constructing new nuclear plants to replace Britain’s ageing stations, most of which are due to expire by 2020. But the Sustainable […]

World Could Face Choice Between Food and Fuel

The ChronicleHerald.ca – Abrupt climate change may soon force governments to choose between feeding people and fuelling SUVs, a respected investment firm says in a new study. Toronto-based Sprott Asset Management says global warming is occurring faster than expected and rising demand for so-called green fuel will cut into food supplies. The investment firm produced […]

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