GOP bill would use ANWR royalties to fund alternatives; Democrats push rival measure aimed at developing renewables. NEW YORK (CNNMoney.com) — Fresh after approving a bill to open the East and West coasts for offshore drilling, a report Wednesday said the House of Representatives is considering two more energy-related items that would expand domestic oil […]
SACRAMENTO, California (AP) — The high-pressure system over California that has brought 100-degree weather wasn’t budging Wednesday, promising an 11th straight day of sweltering heat, the potential of more deaths and another strain on utilities. The state’s power consumption peaked Tuesday afternoon at 49,762 megawatts, shy of the record 50,270 megawatts set Monday. The total […]
Ledger/Star: What did you think of the Harper’s article? Dan Miner: It’s very positive step forward for a national magazine to seriously discuss the problem of fuel depletion. It focuses more on the sensational aspects of the problem than I would like, but it does make for an interesting article, along with the review of […]
Schlumberger – Iran’s Revolutionary Guards are set to win multibillion dollar energy contracts, as foreign companies weigh the country’s nuclear-power standoff with the West and its president tightens his grip on hydrocarbon resources. Industry officials warn that involving Iran’s military in the development of the nation’s oil and gas resources will delay much-needed development of […]
Schlumberger – The first half of 2006 marked a 20-year high in U.S. drilling activity, the American Petroleum Institute said Wednesday. Natural gas led the way despite low prices, with 14,784 natural gas wells completed. That’s an all-time record, said the API, an energy industry group based in Washington, D.C.Schlumberger
A new airborne technology for mapping oil fields could locate new oil reserves by drastically cutting survey costs, and help companies identify untapped oil within new reserves. Las Vegas, NV-based startup eField Exploration recently completed a survey of existing oil fields in Texas in which it revealed extensions of these fields into areas that traditional […]
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Food companies such as Unilever, Nestle and Cadbury could face higher commodity costs over the long term as rising demand for biofuels pushes up prices for raw materials such as wheat, corn and sugar, according to a report by Goldman Sachs. The development of bio-fuels – fuels produced from renewable organic sources such as corn […]
The Defense Advanced Research Projects Agency (DARPA) has released a solicitation calling for the exploration of energy alternatives and fuel efficiency efforts in a bid to reduce the military’s reliance on traditional fuel for aircraft. DARPA is looking for processes that will efficiently produce alternative non-petroleum based military jet fuel from agriculture or aquaculture crops.Black […]
The sharp rise in oil prices over the past three years has had little impact on the economies of the International Monetary Fund’s poorest borrowers, according to research by IMF economists on Tuesday. As oil prices rose, these borrowers also had little need for additional IMF funding, the economists said, attributing this to strong global […]
Jet travel is a sin, says the Bishop of London, and of course he is right. How can it not be a mortal sin to contribute actively to the end of the world? When one 747 from London to New York spews out more CO2 emissions than a motorist does in the course of an […]
Whether George Soros or other prominent critics of the Kremlin like it or not, Russia is the world’s largest producer of oil and gas and will remain so for the foreseeable future. In a perfect world, U.S. investors and leaders could afford to spurn investing in companies based on looted assets – but with Hezbollah’s […]
According to figures released by Sustainable Energy Ireland’s (SEI) Energy Policy Statistical Support Unit, electricity generated from renewables contributed 6.8% to electricity supply in 2005, up from 5.2% in 2004. This was a 70% rise in electricity generated from wind and confirms the rapid growth wind energy since 2004. Noel Dempsey, Ireland’s Minister for Communications, […]
Laos has called on members of the Association of South East Asian Nations (ASEAN) to increase the use of alternative power sources, amid soaring global oil prices. Laos, one of the poorest countries in ASEAN, says it will showcase its hydro-power projects as a cheap alternative to oil at the group’s energy meeting on Thursday.ABC […]
Deputy First Minister Nicol Stephen has urged Scottish energy companies to take the lead in pioneering new types of green technology. His comments came as a Dundee and Aberdeen-based company unveiled details of a new type of battery which aims to increase electric vehicle efficiency.The project is being developed by Axeon in conjunction with another […]
The year is 2026 and it could be a plot from a Tom Clancy novel where hero Jack Ryan (probably played by an ageing Harrison Ford or Ewan McGregor in the movie version) has to prevent war from breaking out between Europe and Russia over the supply of energy. Those nasty Russians have caused a […]
Big oil companies, automobile behemoths and influential governments with hidden agendas for tanking the advent of electric cars, better listen up. A Silicon Valley start-up in the US, called Tesla Motors Inc, has raised millions in financing from San Francisco bay area techno giants such as Google, eBay and PayPal to produce a prototype battery […]
As violence spreads in the Middle East, the Bush administration is grappling with an unwanted side effect of its policies: higher oil prices caused by fears of a disruption in global oil supplies. While the administration seeks to confront Iran, give Israel more time to defeat Hezbollah, and secure stability in Iraq, higher oil prices […]
EnergyBulletin.net – Peak Moment: Community Responses For a Changing Energy Future are weekly 28-minute programs featuring host Janaia Donaldson’s conversations and on-site tours with guests. It highlights practical solutions and responses towards a lower-energy, more connected, sustainable life. How can we thrive, build stronger communities, and help one another in this time of transition? The […]
San Francisco Chronicle – In the past, most weather experts hesitated to blame short-term weather events — say, a terrible winter storm or a nasty heat wave — on longer-scale climate shifts like global warming. But this week — as many Bay Area residents flee to air-conditioned theaters to watch Al Gore’s global warming film, […]
for a 20-minute audio interview with Pulitzer-winning author Ross Gelbspan about his 2000 book “The Heat is On” and the world premiere of the online broadband “Peak Oil/Global Warming Channel,” go to: etopiamedia
State officials want the U.S. Geological Survey to complete a study on the expansive Bakken shale formation where estimates of oil reserves range from as low as 10 billion barrels to as high as 500 billion. The Bakken encompasses some 25,000 square miles in North Dakota, Montana, Saskatchewan and Manitoba. About two-thirds of the acreage […]
Howie Hawkins, the Green Party candidate for US Senate from New York, called today for the creation of a national oil company to help protect American consumers against the rapidly escalating price hikes for gasoline. Hawkins said that the national oil company would take advantage of the offer by the Venezuelan government to sell oil […]
In the lab, many gasoline alternatives look good. Out on the road, automotive engineers have a lot of work to do, and energy companies have new infrastructure to build, before very many people can drive off into a petroleum-free future. And, there’s the issue of money. Too often, discussions of alternative energy take place in […]
Output at Mexico’s most important oil field has fallen steeply this year, raising fears that wells that generate 60 percent of the country’s petroleum are in the throes of a major decline. Production at Cantarell, the world’s second-largest oil complex, in the shallow Gulf of Mexico waters off the shore of Mexico’s southern Campeche state, […]
DaimlerChrysler estimates that the marketing of hydrogen fuel-cell drive systems will begin sometime between 2012 and 2015, according to a recent fuel-cell workshop held by the company in Germany. DaimlerChrysler is thus readying its second-generation of F-Cell B-Class fuel-cell test vehicles greencarcongress
Southern California hybrid drivers may soon be weaned further from the petroleum pump by a modification allowing these vehicles to operate almost exclusively in electric mode, according to engineers. But if current vehicles in America were replaced overnight with plug-in hybrids, oil consumption would fall by 80% and eliminate the need for oil imports, according […]
WASHINGTON As violence spreads in the Middle East, the Bush administration is grappling with an unwanted side effect of its policies: higher oil prices caused by fears of a disruption in global oil supplies. While the administration seeks to confront Iran, give Israel more time to defeat Hezbollah, and secure stability in Iraq, higher oil […]
President Vladimir Putin is set to keep US oil companies out of a lucrative gas field in the latest sign of the deteriorating relationship between Moscow and Washington. The Russian leader is expected to favour Norwegian companies and reject bids by America’s Chevron and ConocoPhillips after failing to secure backing from the United States for […]
BIG Western oil firms are like addicts in denial, says Paolo Scaroni economist
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