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News from August 2006

Long on Chevron or Exxon Mobil?

Long on Chevron or Exxon Mobil? thumbnail

On 8/17/06 Hilary Kramer (the other Cramer) from AOL published an article comparing Chevron (CVX) with Exxon Mobil (XOM). Her conclusion was that Chevron’s future growth potential was better than Exxon Mobil’s due to the massive size of Exxon Mobil. We like CVX and agree that high oil prices should continue to generate above normal […]


Solar energy is cheap, reliable and practical

Solar energy is cheap, reliable and practical thumbnail

After more than 20 years working in the renewable energy field, I’m used to the question I get from people all the time: “solar energy sounds like a good idea. When will we be able to use it?” The answer is simple. It’s here today and there are literally hundreds and hundreds of applications that […]


Is America ready for Wind Hydrogen?

Is America ready for Wind Hydrogen? thumbnail

With turbine prices under $2 per watt and installed capacity growing over 30% last year, the wind energy boom is advancing beyond standard electricity generation. And few applications have gotten as much press as wind hydrogen, which promises a nearly unmatchable combination of low prices and low emissions. While flow batteries and other devices can […]


Iran Vows To Push On With Nuclear Fuel Programme

Iran Vows To Push On With Nuclear Fuel Programme thumbnail

The Independent – Buoyed by the success of its proxy militia in Lebanon, Iran has rejected a demand from the West, aimed at curbing Tehran’s suspected nuclear weapons programme, setting itself on a new course of confrontation. On the eve of a self-imposed deadline for responding to a Western offer of economic and technology incentives […]


Sinopec’s Iran Oil Block Fails to Yield Enough Reserves

Sinopec’s Iran Oil Block Fails to Yield Enough Reserves thumbnail

China’s fourth oil exploration well in the Zavareh-Kashan area has failed to find sufficient reserves to declare the field economically viable, the Iranian oil ministry’s press agency reported… Iran, holder of the world’s second- largest oil and gas reserves, is struggling to compensate through new discoveries for the depletion of its older oil fields. Iran […]


A New Argument on Oil Drilling in Alaska

A New Argument on Oil Drilling in Alaska thumbnail

Napa Valley Register – The United States again is close to squandering a rare resource. The issue affects national security and generations who will need the resource far more than we do in the early 21st century. The subject is oil drilling in Alaska, but hold on before skipping to the next article. This is […]


Interview with Chris Cook, Originator of the Iranian Oil Bourse

Interview with Chris Cook, Originator of the Iranian Oil Bourse thumbnail

Chris Cook, former director of the International Petroleum Exchange and an energy consultant, is the originator of the Iranian Oil Bourse project. Cook’s involvement in the Iranian Oil Bourse project stemmed from work he did in the late nineties on manipulation of the oil market by the intermediaries. As a result of the realisation of […]


Gas pipeline explodes in Turkish rebel region

Gas pipeline explodes in Turkish rebel region thumbnail

ANKARA, Turkey (AP) — An explosion Saturday caused a huge fire on a natural gas pipeline in eastern Turkey, the Energy Ministry said. The explosion occurred in Turkey’s eastern province of Agri, Energy Ministry spokesman Bulent Ismen said. Earlier, a paramilitary police official in Agri and the private NTV television said that the fire was […]


Nigeria arrests over 2,000 suspected militants after kidnapping wave

Nigeria arrests over 2,000 suspected militants after kidnapping wave thumbnail

More than 2,000 suspected militants were rounded up by the Nigerian government troops at the weekend in the oil-rich, but violent oil city of Port Harcourt, the capital of Nigeria’s southern state of Rivers, local newspaper This Day reported on Sunday. The Joint Task Force, made up of Police, Army, Navy and Airforce, raided suspected […]


ANAVATAN finds solution to exorbitant fuel prices

ANAVATAN finds solution to exorbitant fuel prices thumbnail

TURKEY – Motherland Party’s (ANAVATAN) Konak branch leader Hikmet Tekcan recently appeared in a horse-drawn carriage to protest against high fuel prices, arguing that this was the best mode of transport after recent fuel-price hikes. Tekcan said ordinary people simply couldn’t afford to drive their cars, noting that most were forced to use public transport […]


Costs surge threatens Big Oil’s output plans

Costs surge threatens Big Oil’s output plans thumbnail

The world’s top oil firms are struggling to expand oil and gas output, hit by a tight market for drilling rigs and rising costs, hampering development of new supply at a time of record prices. Production is falling at many companies even as capital spending rises. Crude oil has more than tripled since early 2002 […]


Mizoram to produce electricity from bamboo

Mizoram to produce electricity from bamboo thumbnail

A bamboo-fuelled eco-friendly power station is to come up in Mizoram to help meet the energy needs of India’s northeast. Mizoram produces annually 3.2 million tonnes of bamboo, which has never been tapped to generate electricity. “With the help of such bamboo power projects and power generation through other non-conventional schemes, the state will surely […]


Keep the flame alive, for peat’s sake

Keep the flame alive, for peat’s sake thumbnail

The peat fire in the Highland cottage might still flicker, but the fuel has probably come from Ireland rather than Scottish moors. Crofters are shunning the traditional but time-consuming toil of cutting peat each summer, instead relying on Irish peat briquettes, coal, oil or electric heating. Even rises in energy prices have not been enough […]


United Kingdom: Farmers to ‘plant’ mini wind turbines

United Kingdom: Farmers to ‘plant’ mini wind turbines thumbnail

Thousands of wind turbines could be “planted” in hedgerows on farmers’ land in a new Climate Ark


Chavez seeks Chinese support, Beijing wants oil

Chavez seeks Chinese support, Beijing wants oil thumbnail

Venezuelan President Hugo Chavez will be seeking political support as well as energy deals when he visits China from Tuesday, but Beijing is keen to stick to business and avoid antagonizing Washington, analysts say. The globe-trotting populist leader will spend nearly a week in China on his fourth visit there and hopes to secure investment […]


Cambodia To Push For Action Plan On Alternative Energy At AEM

Cambodia To Push For Action Plan On Alternative Energy At AEM thumbnail

With Asean economies including oil producers grappling with skyrocketing oil prices, the grouping must adopt a plan of action to produce alternative fuels such as bio-fuel. Obviously concerned with the current state of affairs where volatile oil prices bring instability to markets, Cambodia Minister of Commerce, Cham Prasidh, said that Asean should promote solar and […]


German approach might energize solar industry

German approach might energize solar industry thumbnail

Although thin-film solar isn’t new, the German approach offers promising refinements that could make this process more competitive with the more common practice of using slices of silicon — called crystalline solar — to convert sunlight into electricity. Interest in thin-film solar has been on the rise recently owing to price increases in the most […]


Silicon hike hits solar energy

Silicon hike hits solar energy thumbnail

The price of silicon has soared by 50 per cent over the past year, curbing the growth of the solar industry and driving up costs. Silicon, made from sand, is a raw material used in semi-conductor devices such as computer chips and the cells that generate electricity in solar panels. Production of silicon has not […]


New technique promises to make oilsands extraction much greener

New technique promises to make oilsands extraction much greener thumbnail

A new way of extracting oil from the ground has the potential to turn the oilsands into a recycling depot for clean water. Researchers at Queen’s University in Kingston, Ont. have discovered what they describe as an environmentally friendly and inexpensive way to separate water from crude oil once the mixture has been extracted from […]


Protests against oil price hike

Protests against oil price hike thumbnail

Demonstrations started early on Saturday in Kathmandu and other major cities against Friday’s government decision to increase the prices of petroleum products. Students and general public took out protest rallies, burnt tiers and blocked roads in Lainchaur, Sorakhutte, Gaushala, Chabhil, Balkhu, Kalanki, Maharajganj, Kupondole and Kalimati. According to Himalkhabar.com the protestors vandalized a gas station […]


The ”crude” truth — about pollution and global warming

The ”crude” truth — about pollution and global warming thumbnail

I was going to write about BP and their safety record but my research into this topic demonstrated me that BP is not alone. What happened to the pipeline in Alaska is not the first occurrence of this type of disaster. Pipeline ruptures are common in the oil industry. We just do not hear about […]


Oil: the cause of, and solution to, all of LA’s problems

Oil: the cause of, and solution to, all of LA’s problems thumbnail

Let’s take a quick trip back to 1949, when a greedy, short-sighted, racist political boss named Judge Leander Perez decided to play some high stakes political poker with President Harry Truman. The story is one of those pivotal “what if” moments in Louisiana history. Here’s the Times Picayune’s version of events: The stubborness of Judge […]


A Chinese link to Middle East conflict

A Chinese link to Middle East conflict thumbnail

There is no doubt that Iran is the source of Hezbollah’s arsenal of missiles, which have recently been used against Israel. But the controversial issue is whether these missiles are genuine Iranian products. Military and intelligence reports have long confirmed that they are one of the fruits of the strategic alliance between Tehran and Beijing. […]


Biomass And The Birth Of A New Populist Movement

Biomass And The Birth Of A New Populist Movement thumbnail

Perhaps the answer lies in, (just like the Populist Movement of the 1890 wn


Brazil’s Road to Energy Independence

Brazil’s Road to Energy Independence thumbnail

Record oil prices have made the world’s energy landscape a darkly foreboding place this year, inhospitable to optimism and celebration. Except in Brazil. It has been something of a banner year here, full of milestones. The government predicts that for the first time in its history, Brazil will achieve energy equilibrium, exporting as much oil […]


Brazil Gas Reserves May Be 3 Times Larger Than Stated

Brazil Gas Reserves May Be 3 Times Larger Than Stated thumbnail

Brazil’s state-owned oil company said Thursday that the country’s natural gas reserves could be three times larger than officially stated. Ildo Sauer, Petrobras’ director of gas and energy, said new discoveries suggested the country had gigantic natural gas reserves which should leave it well prepared amid a growing demand for the fuel. Brazil officially has […]


The monkey that could save the world

The monkey that could save the world thumbnail

Environmental groups have enlisted one of the world’s most distinctive and rare mammals, the golden lion tamarin, in their campaign to prevent irreversible climate change damaging the planet. The orange-maned tamarins, whose name derives from their resemblance to antique Chinese drawings of lions, are on the brink of extinction because their habitat, Brazil’s unique Atlantic […]


ConocoPhillips Puts Some Canadian Assets Up for Sale (Update2)

ConocoPhillips Puts Some Canadian Assets Up for Sale (Update2) thumbnail

ConocoPhillips, the third-largest U.S. energy company, plans to sell some of its Canadian oil and natural-gas properties to free up resources for higher-priority investments. ConocoPhillips likely will direct more capital to gas properties in the Rocky Mountain region that it acquired through the Burlington deal, Goodof said. Those fields produce at a lower cost than […]


Honda and London Metropolian Police in Biggest Hybrid Deal Ever

Honda and London Metropolian Police in Biggest Hybrid Deal Ever thumbnail

Honda (UK) has secured Britain’s biggest ever fleet deal for hybrid cars. The Metropolitan Police has ordered 117 Honda Civic Hybrids for its Community Support Officers to use as part of a Safer Neighbourhoods scheme theautochannel


Silicon hike hits solar energy

Silicon hike hits solar energy thumbnail

The price of silicon has soared by 50 per cent over the past year, curbing the growth of the solar industry and driving up costs. Silicon, made from sand, is a raw material used in semi-conductor devices such as computer chips and the cells that generate electricity in solar panels. Production of silicon has not […]


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