Third U.S. Conference on

Third U.S. Conference on At the conference you will:

Shanghai Petroleum Exchange starts operation

Shanghai Petroleum Exchange, China’s first bourse for the spot transaction of oil products, formally opened on Friday. The exchange, located in the Pudong New District, began trading in gasoline and will trade bitumen, methanol and glycol in the near future, said the bourse’s general manager Chen Zhenping. Chen said the exchange will launch trading in […]

Prices prompt oil, gas investment scams

With oil prices exceeding $70 a barrel, investors looking to make a quick buck are losing millions of dollars to sham oil and gas investments. Typically, these deals involve scamsters who assure investors they can profit from high energy prices by investing in oil wells, for example, or alternative energy sources. State and federal regulators […]

Clock company helps workers save time, money

Atlanta employer offers flex time, van pool to ease pain at the pump ATLANTA – It’s 6 a.m. in Atlanta, and workers at the Lathem clock company are on the line two hours early The longer hours are part of their boss’ plan to dull the pain of $3-a-gallon gas and costly commutes. Lathem found […]

Ukraine Fears Energy Crisis This Winter

Ukraine may still face an energy crisis this winter, Deputy Prime Minister Andriy Klyuev said on Thursday, Aug. 17, despite assurances from Russia that it will not sharply raise the price of gas supplies to its neighbor. Klyuev, who oversees the energy sector, chaired a government meeting to discuss preparations for winter and avoid a […]

Higher taxes on flights and cars in Tory plan

Big rises in car taxes and petrol duty are being considered by the Tories in a review of transport policy that threatens the party’s reputation as the “motorist’s friend”. The Conservatives are also considering an increased levy on short-haul flights to curb stag weekend travel to Europe, as they move to establish the “polluter pays” […]

Coal to oil conversion gaining interest in China, U.S.

High oil prices are spawning greater interest in technologies that convert coal into liquid fuel, according to an article published yesterday in The Wall Street Journal, but the shift could have a significant impact on the environment. Heightened tensions in the Middle East combined with booming demand and political instability in other regions have put […]

EU lagging climate goal, action needed – scientists

The European Union is doing too little to achieve its goal of limiting global warming although it portrays itself as a world leader, some academics say. They want upcoming studies of the environment to add new urgency to international action to axe use of fossil fuels. “Everyone talks about 2 degrees as if we were […]

‘Energy rations’ to cut pollution

Filling up the car at the petrol station could take a few seconds longer in future – to deduct points from your personal “greenhouse gas” ration card. Issuing every citizen with an electronic card to encourage them to reduce energy use is one of the most radical ideas for curbing reliance on fossil fuels, widely […]

Peak Oil interviews from Ohio and Pennsylvania

Links to a mellow and laid-back discussion of the philosophy and plans of the newly-created Ohio Peak Oil Action group with its founder and co-director Ryan Hottle,and an intense and high-powered discussion of peak oil and American foreign policy, among other subjects, with Pittsburgh attorney Bryon King.For a mellow and laid-back discussion of the philosophy […]

More Fires, Droughts And Floods Predicted

As temperatures rise with global warming, an increased risk of forest fires, droughts and flooding is predicted for the next 200 years by climate scientists from the University of Bristol, UK. Despite the commitment we have already to global warming, even if we stopped emitting greenhouse gases now the researchers predict that Eurasia, eastern China, […]

E.ON Says U.K. Winter Energy Supply Is `Challenging’

E.ON AG, the world’s largest utility, said the coming winter will be “challenging” for energy supply in the U.K. as North Sea reserves dwindle, raising the need to import more gas. Dusseldorf, Germany-based E.ON, whose Powergen Plc unit supplies natural gas in the U.K., wants to build a new underground gas-storage facility in East Yorkshire […]

OPEC lowers forecast for world oil demand

World oil demand will rise more slowly than previously expected in 2006, partly because of record high prices, the Organization of the Petroleum Exporting Countries said yesterday. Demand will rise by 1.3 million barrels per day, 80,000 less than expected in July, the 11-member producer group said in a monthly report. OPEC left estimated growth […]

Speculators an easy target in oil price blame game

These days, commodities markets are like a Three Stooges routine. When the Stooges got in trouble, Moe would turn and blame Larry, usually with a smack to the head. Larry, in turn, would swat Curly. Curly would turn around and find no one to hit. Speculative traders are the Curlies of the energy markets.Houston Chronicle

Wanted: scientists to test free energy technology

An Irish technology firm will today throw down the gauntlet to the global scientific community challenging experts to test its unique free energy technology. Dublin-based Steorn said its technology based on the interaction of magnetic fields allows the production of clean, free and constant energy challenging fundamental scientific principles.Irish Examiner

The More Precious Commodity in 2050: Water or Oil?

Houston Chronicle, SciGuy – I’m sure most readers here are familiar with the concept of peak oil, and there’s another article today on the increasing concern over the scarcity of fresh water. So I thought I would ask a simple question: by mid-century which commodity will be most precious — oil or water?Houston Chronicle

Social revolution that may well save our planet

In the past few years there has been a similarly dramatic change of attitude towards the environment. This week, we heard that sales of 4×4s had fallen in Britain for the first time. Sure, petrol has become a lot more expensive and politicians are threatening to whack punitive taxes on the Chelsea tractors. But also, […]

Limiting Climate Change: The Neglected Obstacle

Sensible people now agree that climate change creates major risks and that the world should be taking significant steps to reduce greenhouse gas emissions. But there is a neglected obstacle to achieving such reductions, and it is the biggest source of the stalemate in international negotiations. The obstacle stems from the unusual incentives of the […]

Venture Capital: Too soon to call clean fuels a gold rush

About 250 business leaders and politicians gathered at The Westin Hotel Thursday morning to discuss one of the hottest topics in economic development and venture capital: alternative energy. Based on the buzz in the room and the upbeat comments from the five panelists, we are on the cusp of a new gold rush in which […]

Oil prices

International oil firms and Opec producers have learned from the 1980s price crash and those harsh lessons are helping them to plan for an orderly retreat from today’s record prices. The history of oil is punctuated by price collapses but the sharp falls of the mid-1980s were different from most in that they were partly […]

Global Warming Data Update — Oceans Cooling, Greenland Melting

Climate computer models predict that man-made global warming should cause the temperatures in the world’s oceans to rise. Last year, researchers at the Scripps Oceanographic Institute reported that they had found “Clear Evidence of Human-Produced Warming in World’s Oceans.” Now a new study by National Oceanographic and Atmospheric Administration researchers and colleagues finds “Recent Cooling […]

OPEC Not Expected to Cut Output at Meetingr-Iran Oil Minister

The Organization of Petroleum Exporting Countries isn’t expected to lower its output at its meeting next month amid the return of “normal” conditions in the Middle East, said Iran’s oil minister Thursday, quoted by the ministry’s information network. rigzone

Polluted Sites Nationwide Could Become Biofuels Proving Grounds

Growing crops for biofuels summons images of fuel alternatives springing from the rural heartland. But a Michigan State University partnership with DaimlerChrysler is looking at turning industrial brownfields green. Kurt Thelen, MSU professor of crop and soil sciences, is leading the investigation to examine the possibility that some oilseed crops like soybeans, sunflower and canola, […]

Pennsylvania Announces Major Corn-Ethanol Plant, Cellulosic-Ethanol Pilot Plant

Pennsylvania greencarcongress

Study Shows Strong Consumer Interest in Plug-in Hybrids

A new study by global market research company Synovate shows that 49% of consumers greencarcongress

Merging onto the Hydrogen Highway

On June 15, Santa Monica MAYor Bob Holbrook cut the ribbon at the opening of a new hydrogen generation and fueling station and unveiled a fleet of five hydrogen-powered vehicles. While Santa Monica has a reputation for progressive thinking, in this case the city was merely in step with an accelerating effort to beef up […]

Shareholders sue BP over Prudhoe Bay maintenance

Senior executives at BP face a lawsuit filed by shareholders who claim the oil giant’s poor maintenance practices at Prudhoe Bay led to the partial shutdown of the nation’s largest oil field. The suit alleges that BP has known for years about the severe pipeline corrosion that led to last week’s shutdown, but took no […]

Alberta: Nuclear pitch for oil sands

Energy Alberta hopes to build a reactor worth about $3-billion by 2014 to provide steam to support the production of 220,000 barrels of bitumen a day.[..] “We have to be very cautious in how we approach people,” [..] “The knowledge of atomic energy in Western Canada is at a very low level.” Globe and Mail

Environmentally friendly solution to oil industry needs

The study addresses the recurring problem of separating oil and water mixtures, and targets diverse applications including cleaning up oil spills, and extracting oil deposits from tar sands and reservoirs. …The surfactant developed by the Queen’s team is also completely reversible and does not require metals, acid, or light. Exposure to carbon dioxide (CO2) activates […]

Geoscience students missing job opportunities

The petroleum industry has indicated that it will need to replace over 50 percent of its workforce in the next ten years. But few students indicate that the private sector is a career path in which they have interest. Academic advisors are more likely to promote careers in the environmental sector than those in the […]

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