Bye Bye Petroleum

Corporate Watch – With demand for oil soaring yet supply stable at best, the idea that oil stocks have ‘peaked’ is increasingly influential. So what are the latest theories around peak oil? B Leamy reports. Around two hundred scientists, economists, analysts and academics attended the 5th International Workshop on Oil and Gas Depletion in Italy […]

Considering the Effects of a Catastrophic Terrorist Attack

A (pdf) on the effects of a nuclear bomb in a shipping container on L.A. Within the first 72 hours, the attack would devastate a vast portion of the Los Angeles metropolitanarea. Because ground-burst explosions generate particularly large amounts of highly radioactive debris, fallout from the blast would cause much of the destruction. In some […]

Growing algae for biofuels in the Negev desert

Earlier, we pointed out the pros and cons of algae-derived biofuels. Meanwhile Israeli scientists – well acquainted with the energy-producing capacity of algae – are applying their knowledge to the technology as well. Algatech in the southern Negev is turning a collective focus towards biofuels made from the colorful micro-organisms.Biopact.com

Japan sees biodiesel boost with new fuel standards

TOKYO (Reuters) – Japan, the world’s third-largest oil consumer, will set out nationwide biodiesel standards this year in an effort to kick-start demand, but will not force refiners to sell it, government officials said on Thursday. Lagging international moves to use more biofuel to battle soaring crude oil prices and help ease global warming, Japan […]

The Politics of Dancing

Matthew Herbert’s latest masterpiece sounds off against the oil industry Speaking of which, your latest album, “Scale,” is a statement against the oil companies and our relentless pursuit of fossil fuels. It’s a timely subject, but one that the world has been struggling with for quite a while. What made you decide to pursue this […]

The Peak Oil Crisis: Rethinking America’s Cars

The mini-crises relating to oil production springing up during the last few weeks seem to have settled down for a while. There is a ceasefire in Lebanon . Iraq has patched up its northern export pipeline for the umpteenth time. BP has figured out that they only have to shut down half the production from […]

US suffers world’s first climate change exodus

WASHINGTON (AFP) – The first mass exodus of people fleeing the disastrous effects of climate change is not happening in low-lying Pacific islands but in the world’s richest country, a US study said. “The first massive movement of climate refugees has been that of people away from the Gulf Coast of the United States,” said […]

Singapore turns to biodiesel to fight rising fuel costs

SINGAPORE (Reuters) – Singaporean Kom Mam Sun ran his Nissan truck on biodiesel fuel for two years to test his business idea of turning used cooking oil from restaurants into fuel for vehicles. The experiment was such a success that the 32-year-old entrepreneur opened his first biodiesel plant in June and has already made S$50,000 […]

Russian Pipeline Monopoly Warns Lithuanian Refinery of Long Shutoff

The president of Russian oil pipeline monopoly Transneft Simon Vainstock said on Thursday, Aug. 17, that the branch of its Druzhba oil link that supplies crude to Lithuania

Social revolution that may well save our planet

…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, what used to be thought of as enviable motors have now become embarrassing. As Ken Hurst, of […]

Will passing Proposition 87 raise gas prices at the pump?

You can find a new video comprised of four new interviews about the effects of Proposition 87, California’s “Clean Alternative Energy” severance tax on oil produced in California, on the price of gasoline at the pump; a legacy interview with a Proposition 87 spokesperson; clips of the latest “Yes on 87″ and “No on 87″ […]

Interior Department to Open Alaska Wetlands to Oil Drilling

The Interior Department is set to open a vast area of environmentally sensitive wetlands in Alaska to new oil drilling, even as opponents point to corroding pipelines to the east at Prudhoe Bay as a reason to keep the area off-limits. The tens of thousands of acres in and around Lake Teshekpuk on Alaska’s North […]

Sino-Cuba energy relations raise concern in Washington

As a frail Fidel Castro recuperates from gastrointestinal surgery, his fellow comrades in Havana have moved forward with a bilateral agreement to conduct oil and gas exploration operations with communist China in the Gulf of Mexico. While the Bush administration watches from afar in stoic silence, massive deep sea drilling platforms manned by employees of […]

Interest in biofuel to boost palm oil prices further

Palm oil prices, which are on upward trend, are forecast to rise further from the current RM1,600 a tonne due to growing interest in biofuel, which has created a new demand for the commodity. The Malaysian Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui said Monday the positive trend was also due to […]

Setback for gas pipeline from Papua to Australia

A planned $3.5 billion gas pipeline intended to connect Papua New Guinea to Australia suffered a setback Wednesday when Australian Gas Light said that it might suspend design work because of a lack of firm customers and rising costs.The pipeline, which has been in various stages of planning for nearly a decade, would provide an […]

Necessity mother of invention in gas-fuelled Armenia

Ex-Soviet state Armenia is blazing a trail in the global quest to move to cleaner fuels — not by choice but out of necessity. The tiny country of 3 million people in the Caucasus mountains has a strong claim to be a world leader in running vehicles on natural gas: a fuel that produces fewer […]

‘Powerless’ India eyes energy booster from neighbours

The Centre has stepped up efforts to implement its bilateral co-operation deals with Bhutan, Nepal and Sri Lanka in order to overcome power shortages across the country. As for cooperation with Bangladesh and Pakistan, sources admitted no substantial progress has, so far, been achieved. Sources said India would pursue its proposal for gas export from […]

Not easy weaning China off oil

Can paying more for gas make people use less of it? That`s certainly what the Chinese government is hoping for as it considers opening up its oil market. Earlier this week, local media reports said that the world`s second-largest oil-consuming nation is considering easing price control on its energy markets in an attempt to get […]

Indonesia counting on biofuel

Indonesia is seeking more investment in industries producing energy from palm oil, sugar cane and jatropha to help create five million new jobs and cut government fuel subsidies, President Susilo Bambang Yudhoyono said Wednesday. The government will set aside 1 trillion rupiah, or $110 million, to help farmers pay interest on loans they take to […]

China’s anti-pollution efforts stink

When toxic-chemical spills in its rivers threaten the water supply in neighboring countries, China’s lax environmental record becomes a serious regional issue. However, when researchers in California report that on a given day 25% of the pollution littering the skies above Los Angeles has wafted over from China, the country’s battle to clean up its […]

Canada Cannot Make Up for Alaskan Oil Loss

Iran Daily – CanadaIran Daily

Unconventional Gas to Lead the Way as Gulf Output Falls

Schlumberger – Gas trapped between sand particles and under hard rock will be the next place to drill for the commodity while offshore Gulf of Mexico production dwindles, analysts and gas executives said Tuesday at an oil and gas conference in Denver. Natural gas is scarce in “conventional” gas wells and companies who want to […]

U.S. Petroleum Deliveries Fell in July

(UPI) — Overall U.S. petroleum deliveries slipped 0.2 percent in July compared with last year, the American Petroleum Institute said Wednesday. Increases for gasoline and distillate fuel oil failed to offset declines for jet fuel, resid and other products, the API said. Deliveries of gasoline rose a strong 1.7 percent, despite higher gasoline prices. And […]

OPEC Cuts 2006 Oil Demand Growth Forecast

(Reuters) – 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 on Wednesday. Demand will rise by 1.3 million barrels per day, 80,000 bpd less than expected in July, the 11-member producer group said in a monthly report. […]

Google map of major Oil spills

Here is a Google map of major oil spills since 1960, including the latest ones of Nicobar and Philippines :

Lasting News

How the energy business is drowning Louisiana

America’s oil and gas infrastructure needs Louisiana’s coastal wetlands. But it is helping to destroy them NEW YORK (Fortune) — The swampland of coastal Louisiana, often thought of as a folkloric backwater, is in fact the nation’s most important petrochemical complex: an archipelago of some 4,000 oil and gas platforms. Glowing like rejected sets from […]

Ethanol could leave the world hungry

One tankful of the latest craze in alternative energy could feed one person for a year, Lester Brown tells Fortune. The growing myth that corn is a cure-all for our energy woes is leading us toward a potentially dangerous global fight for food. While crop-based ethanol -the latest craze in alternative energy – promises a […]

Rough ride after oil production peak

While a growing chorus of voices has been trying to get the public’s attention about our “oil problem,” little in-depth analysis has appeared in the national media. An essay for this page Monday described an “oil shock wave” as the problem. The real problem is much more serious. A “wave” is a disturbance which moves […]

Agitation for power in Sylhet, northern dists

PDB office besieged in Sylhet, indefinite hartal in Haragach from Friday BANGLADESH – Frequent power outage triggered off protests in several northern districts and in Sylhet yesterday and he day before. In Sylhet, agitated people laid a siege to the office of Power Development Board Executive Engineer (Sylhet Division-III) in the city’s Kodomtali area yesterday […]

Sharp rise in oil-cash investments forecast

The recycling of surplus petrodollars through the global financial system is set to intensify, with Saudi Arabia and the five other members of the Gulf Co-operation Council exporting at least $450bn of capital over the course of this year and next, the Institute of International Finance predicted on Tuesday. The capital exports are the mirror […]

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