Ford to Scale Back Dealership Network

Ford Motor Co. wants to reduce its dealership network in the United States, particularly in major metropolitan areas such as Southern California, to allow the survivors to improve profits as the company battles to reverse a decade of slumping sales. The plan, outlined to dealers at a meeting in Las Vegas last week, will be […]

Iraq and Jordan sign oil deal

BAGHDAD (AFP) – Iraq has struck a deal to supply neighbouring Jordan with cheap oil by laying a new pipeline across the desert between them, the countries’ prime ministers have announced. “Iraq and Jordan have signed a memorandum of understanding that involves cooperation in the oil sector, including laying a pipeline and supplying the kingdom […]

Global warming affects hurricane intensity

MIAMI (Reuters) – Global warming is affecting the intensity of Atlantic hurricanes, according to a new study by a university professor in Florida who says his research provides the first direct link between climate change and storm strength. James Elsner of Florida State University said he set out to perform a statistical analysis of the […]

Oil, water, weather crises will hit cities

Municipalities are facing a “perfect storm” once the era of cheap oil, cheap water and altered weather patterns hits with full force, says Ontario’s environmental commissioner. In a chilling speech to municipal leaders yesterday, Gord Miller said municipalities are not ready for the massive effect on communities. “We are entering a period of consequences,” said […]

Nigeria promises kidnap crackdown

Nigeria’s President Olusegun Obasanjo has promised to act against those suspected of involvement in a string of kidnappings in the Niger Delta region. He said he had ordered 24-hour patrols in the Delta’s creeks and swamps, and threatened action against oil firms who paid ransoms for their workers. “We are going to be firm and […]

Motorists clock up 150m fewer miles in their cars

SCOTLAND’S love affair with the motor car is waning, with Scots increasingly leaving their vehicle in the garage and taking public transport or walking instead, new statistics have revealed. The Scottish Executive’s transport survey shows that Scots drove 150 million fewer miles on major roads last year than in 2004, down by 1 per cent […]

Needed: A Price on Carbon

Pumping carbon dioxide underground on a massive scale has been talked about for years; the idea is to “sequester” the greenhouse gas so that it won’t enter the atmosphere and contribute to global warming and climate change. Technology Review asked Howard Herzog, an MIT chemical engineer and program manager of the Carbon Sequestration Initiative, an […]

Namibia: Fuel Hike Boosts Production Costs

The Managing Director of First National Bank, Vekuii Rukoro, has warned farmers they could expect higher agricultural production costs following the recent increase in oil prices and the expected increase this week. Speaking last Friday at an information day for large stock producers at the Windhoek Show Grounds, he said the agricultural sector could face […]

World Bank Fine Tunes Clean Energy Funding Proposal

A World Bank proposal to its steering committee to create two new funds to help developing countries generate cleaner, more efficient power is misguided because it backs fossil fuel projects, experts said on Monday. A copy of the report obtained by Reuters argued that current financing from multilateral lenders like the World Bank as well […]

BP sued over Prudhoe Bay

Senior managers at BP are facing legal action in the US accusing them of breaching their duty to shareholders by allowing equipment at the Prudhoe Bay oil field in Alaska to deteriorate. A lawsuit filed in New York yesterday on behalf of a private investor claims that senior executives at the company, including the chief […]

South Africa has a way to get more oil: make it from coal

For decades, scientists have known how to convert coal into a liquid that can be refined into gasoline or diesel fuel. But everyone thought the process was too expensive to be practical. The lone exception was South Africa, a one-time pariah state that had huge reserves of coal and, thanks to anti-apartheid sanctions, limited access […]

Russia: Algeria Deal Revives Talk Of Gas Cartel

Is Russia — the world’s leading producer of natural gas — preparing to create a gas equivalent of the Organization of Petroleum Exporting Countries (OPEC)? The possibility of such a cartel has been discussed by Russian policymakers for years. But a “memorandum of understanding” signed between Russia and Algeria on August 4, which significantly calls […]

Biofuel hub in Tanjung Langsat a great boost

Malaysia has the potential to become a frontline researcher in biodiesel products with the setting up of a biofuel hub in Tanjung Langsat. That was why the Government was pushing hard to develop the industry, said the Prime Minister.New Straits Times

Wall Street’s New Love Affair

Why some of the world’s smartest investors are betting billions on clean energy You know a cultural movement is real when the money men get on board. In just the past year a broad swath of financiers — venture capitalists, hedge funds, investment banks, public pension funds, and even stodgy insurers — have begun sinking […]

Drop in sales signals end of the road for the Chelsea tractor

Critics have denounced them as vulgar, obese, thirsty and flatulent. And now Britain’s love affair with gas-guzzling 4×4 cars may be finally evaporating in a cloud of fumes. For the first time since the so-called “Chelsea tractors” emerged as the vehicle of choice for footballers’ wives and parents anxious to cut a dash on the […]

Water shortage ‘a global problem’

A report from the World Wide Fund for Nature (WWF) warns that rich countries face increasing water shortages. A combination of climate change and poor resource management is leading to water shortages in even the most developed countries, it says. It urges water conservation on a global scale and asks rich states to set an […]

Western Cape now hit by gas shortage

CAPE TOWN — Western Cape has been hit by its third energy crisis in a year — this time by shortages of liquid petroleum gas (LPG), says the Cape Town Chamber of Commerce and Industry. Colin Boyes, the chamber’s deputy director, says this is no small crisis, which has the potential to close down sections […]

Power from deserts

A new report commissioned by the German Government shows in detail how Europe can generate all the electricity it needs, cut CO2 emissions by 70% by the year 2050, and phase out nuclear power at the same time. Solar power from deserts are part of the proposed range of energy sources. A PDF or MS […]

Aussie hot rock energy worth $10 billion

Australia`s geothermal, or ‘hot rock,’ energy resources could generate 10 percent of the nation`s electricity supply, a report says. A new report by the Center for International Economics estimates recoverable hot rock resources across Australia equates to the national power consumption for 450 years, and could inject $10 billion Australian (USD7.65 billion) into the economy […]

RUSSIA EYES YET ANOTHER GAS PIPELINE TO CHINA

Apart from preparing to build the Altai gas pipeline from Western Siberia, Russian authorities have also indicated plans to build a new gas pipeline from Sakhalin to neighboring China along a network of gas pipelines to supply domestic consumers in Russia’s Far East. After meeting with Exxon Neftegaz Limited head Stephen Terni, Khabarovsk region’s governor […]

Peak Oil and Relocalization in Ohio

A new peak oil organization, called Ohio Peak Oil Action (OPOA), is working to prepare the Ohio area for the coming times by promoting relocalization, sustainability, permaculture, and bioregionalism. What would you think if someone told you that we could simultaneously create strong, safe, sustainable, and vibrant communities while also solving the most urgent problems […]

Robert Rapier talks about Vinod Khosla, Proposition 87, peak oil

After completing his graduate studies at Texas A&M, Robert Rapier went to work for a major oil company, he says, because of a long-standing interest in alternative fuels and worked in that area there for a time. Now he works in another part of the company and maintains an active side interest in alternative fuels. […]

In a world of guzzlers, India is fuel saver

But analysts may be wrong about India. The country, with industries running at full steam, car ownership that tripled over the last decade and a booming aviation sector, seems to have emerged an oil saver. Last year, consumption dropped 3.5%, says British Petroleum’s Statistical Review of World Energy 2006. timesofindia

BP buys wind firm Greenlight Energy

Oil major BP Plc said on Tuesday it had bought U.S. wind energy firm Greenlight Energy Inc. for around $98 million (52 million pounds) to boost its wind power business in North America. Virginia-based Greenlight Energy owns the rights to develop 39 wind farms in the United States which, BP said, if fully developed have […]

OPEC President Discusses Ethanol

OPEC’s president discussed Brazil’s booming ethanol industry with the chief executive of Brazil’s state-owned petroleum company Tuesday and will visit Brazilian factories that turn sugar cane into the fuel. Edmund Daukoru, OPEC’s president and Nigeria’s oil minister, met with Sergio Gabrielli of Petrobras and the two discussed alternative energy and liquefied natural gas — which […]

Switch To Biofuel

Wiltshire company Green Fuels is marketing a device which allows petrol-engined cars to run on the cleaner and cheaper bioethanol. The Fullflex Gold Bi-Fuel Manager plugs into the engine management unit at one end and the fuel injectors at the other, and allows the car to run on 100% bioethanol, or 100% petrol, or any […]

Malaysia Approves 52 Biodiesel Plants So Far

Malaysia, the world’s top producer of palm oil, has approved licences for 52 biodiesel plants with a combined capacity of more than 5 million tonnes each year, the prime minister said on Tuesday. Biofuel plants are sprouting at a dizzy rate as nations from Europe to Asia seek ways to cut dependence on soaring crude […]

Malaysian Auto Company Launches Chinese SUVs fueled by Hydrogen and Gasoline Mix

Bernama. LM Star Autoworld Sdn Bhd (LMG), Malaysiagreencarcongress thestar

Brace Yourselves, Warns Costello

INVESTORS and home owners have received a rare, dire warning from the Treasurer to brace for the economic fallout from “world record oil prices”. With underlying inflation high and apparently rising, Mr Costello told reporters yesterday that the country faced a “great” risk of repeating the economic mess that followed the 1970s oil shocks… “Economic […]

Forecast puts Earth’s future under a cloud

More than half of the world’s major forests will be lost if global temperatures rise by an average of 3C or more by the end of the century, it was claimed yesterday. The prediction comes from the most comprehensive analysis yet of the potential effects of human-made global warming. A 3C warming could also present […]

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