UK terror plot thwarted

British police have disrupted what they believe was a major terrorist plot to blow up aircraft in flight, likely between the United Kingdom and the United States, a statement from Scotland Yard said today. Arrests were made overnight in London.CNN link

China at Center of Shifts in Energy Trade Patterns

Energy analysts meeting at a Washington forum Wednesday discussed the shifting pattern of energy supply and consumption with particular reference to new pipelines likely to be built to get Central Asian oil and gas to world markets. Former oil company executive Frank Verrastro of Washington’s Center for Strategic and International Studies says energy trade patterns […]

Franklin Fuel Cells Reports Successful Test and Demonstrations on 16 Hydrocarbon

Franklin Fuel Cells, Inc. reports that it has successfully fuelcellsworks

Hydrogen network grows

Fuel-cell vehicles are only a small part of a much larger movement toward hydrogen technology in the province. “It’s amazing because most people don’t realize B.C. is one of the world leaders in the hydrogen fuel-cell industry,” said Hydrogen Highway manager Alison Grigg. The B.C. Hydrogen Highway program is an umbrella organization co-ordinating broad-based activities […]

Iraq to Up Southern Oil Output to 2.25 Million bpd by End 2006

Iraq has begun a plan to hike crude oil production from its southern oil fields to 2.25 million barrels a day from the current 2 million b/d, the head of the country’s South Oil Co. said Wednesday. Speaking to Dow Jones Newswires by telephone from Basra, Abdul Jabbar Lauiby also said the company is implementing […]

MSU professor quietly creates one of nation’s largest databases for wind energy

In a little lab on the campus of Montana State University, John Mandell, Dan Samborsky, and scores of students, have been breaking things to advance the field of wind energy. “These machines keep grinding away around the clock,” said Mandell as he flipped on the lab’s lights. montana

Million Solar Roofs Bill Passed Unanimously by Senate Committee

California’s solar industry continues to eek out gradual but notable victories this week in the state Senate where solar legislation hasn’t historically fared so well. On Tuesday, the reincarnated Million Solar Roofs bill, SB 1 (Murray/Levine), passed the Senate Energy Committee with a unanimous vote from all nine Democrats and Republicans present. The bill now […]

BP’s Prudhoe Bay a “giant water field”

BP’s problem of corroding pipes is worsening as the nation’s largest oil field ages and more water and less oil is produced during drilling. Water contains carbon dioxide, ideally suited to corroding pipelines. “Really, we are a giant water field,” said Bill Hedges, BP PLC’s corrosion expert, explaining that what comes up now during drilling […]

Honda Outlines Aggressive Focus on Diesel, FCVs

In his remarks to the Center for Automotive Research Management Briefing Seminars 2006 in Traverse City, Michigan, American Honda Senior Vice President John Mendel outlined a powertrain strategy focused on three critical issues requiring unique technological approaches. These three areas are (a) the continued reduction of air pollution with conventional engines; (b) improving the fuel […]

Rebirth of Coal a key topic in Wall Street Transcript

The Wall Street Transcript has just published its Alternative Energy issue, a report offering a timely review of the sector to serious investors and industry executives. This 62-page feature contains an expert roundtable forum of leading industry analysts, and industry commentary through in-depth interviews with top management from 7 firms. The full issue is available […]

Hydrogen as Automotive Fuel a key topic of Wall Street Transcript

The Wall Street Transcript has just published its Alternative Energy issue, a report offering a timely review of the sector to serious investors and industry executives. This 62-page feature contains an expert roundtable forum of leading industry analysts, and industry commentary through in-depth interviews with top management from 7 firms. The full issue is available […]

China July Crude Imports 10.64 Million MT; Indicates Slowdown

(Dow Jones)- China’s July crude oil imports totaled 10.64 million metric tons, or 2.52 million barrels a day on average, preliminary data issued Thursday by the General Administration of Customs showed. The figure is down 4.1% on year as China shipped in 11.1 million tons of crude oil in the same month last year. In […]

Indonesia’s LNG Supremacy Wanes as Chevron’s Fields Run Short

Aug. 9 (Bloomberg) — Indonesia may lose its dominance of the world’s liquefied natural gas market because fields operated by producers such as Chevron Corp. are running out of gas faster than expected. Bloomberg

CERA Trims Extra-Heavy Oil Output Estimates On Venezuela

(Dow Jones)–Cambridge Energy Resource Associates said Tuesday it trimmed growth projections for extra-heavy oil production due to anticipated delays at projects in Venezuela’s Orinoco river basin. The Cambridge, Mass.-based consultancy expects extra-heavy oil production from Canada’s tar sands and the Orinoco river basin to reach 4.7 million barrels a day in 2015, down from its […]

2006 Boston World Oil Conference

Register now for ASPO-USA’s second Dialogue with the Experts, a high-level conference to discuss the impacts of a peak in world oil production co-sponsored by Boston University. http://www.aspo-usa.com/fall2006/

Petrologistics Expects Saudi Oil Supply Up on BP Woes

(MarketWatch) — Saudi Arabia, the world’s top oil exporter, is likely to raise its output to 9.5 million barrels a day this month to meet a global shortfall of crude following BP PLC’s (BP) oilfield shut down in Alaska, leading tanker tracker Petrologistics said Wednesday. The additional 500,000 b/d of Saudi Arabian oil could be […]

US Agency Skeptical of BP Alaska Oil Plans – Source

(Reuters) – U.S. pipeline regulators have expressed concern over BP’s plan to keep part of its Prudhoe Bay oil field in Alaska flowing, a source with knowledge of the situation said Wednesday. Officials from the U.S. Department of Transportation said in a conference call with other regulators and the White House on Tuesday that they […]

World Oil & Liquids Production Capacity to Grow Significantly

Global oil and liquids supply capacity could increase as much as 25% by 2015, with unconventional sources, including gas-related liquids and extra-heavy oils accounting for a major proportion of net capacity growth, according to Cambridge Energy Research AssociatesCERA

Dwindling oil reserves weigh on Malaysian growth

Financial Times – The recent decision by Petronas, the Malaysian state energy group, to take a stake in Rosneft, the Russian oil producer, underscores worries about Malaysia’s dwindling oil reserves. The $1.1bn deal to gain access to Russia’s oil fields comes as Petronas recently reported that domestic oil production last year fell by nearly 5 […]

Indonesia halves its Jeruk oil reserves estimate

JAKARTA, Aug 9 (Reuters) – Oil reserves in Australian oil and gas producer Santos Ltd.’s Jeruk oil discovery in Indonesia may be only half an earlier estimate of 170 million barrels, Indonesian energy watchdog BPMIGAS said on Wednesday. The offshore oilfield in East Java was seen as key to Santos’s growth as it seeks to […]

The Oil Drum: Khosla Responds:Imagining the Future of Gasoline: ‘Reality or Blue

I present Vinod Khosla’s vision of our energy future in an exclusive TOD interview with Robert Rapier. If you are like me, you will find aspects of agreement, and aspects of disagreement, and perhaps even strong disagreement. But it would benefit all parties to have a good debate on the technical merits of the issues. […]

Study: There

A new report by a Cambridge research firm challenges the notion that the world is running out of oil. High oil and gas prices may be hurting the economy and forcing motorists to dig deeper into their wallets to drive around. But higher prices are also encouraging companies to invest in projects to boost oil […]

The brilliantly profitable timing of the Alaska Oil Pipeline shutdown

Is the Alaska Pipeline corroded? You bet it is. Has been for more than a decade. Did British Petroleum shut the pipe yesterday to turn a quick buck on its negligence, to profit off the disaster it created? Just ask the “smart pig.” Greg Palast

EIA: July OPEC-10 Output -125,000 B/D Vs Jun At 27.35M B/D

(Dow Jones)–Crude oil output from the Organization of Petroleum Exporting Countries, not including Iraq, fell by 125,000 barrels a day to 27.35 million b/d in July. In its monthly Short-Term Energy Outlook, the U.S. Energy Information Administration revised OPEC-10 oil production in June up by 70,000 b/d to 27.475 million b/d. Including Iraq, OPEC production […]

The World’s Largest Oil Field is Dying

The End of Cheap Oil – Yet this virtually uninhabited stretch of desert has made literal tycoons out of once nomadic tribesmen in just over 50 years. How was that possible? Actually, it was quite easy. You see, lying deep beneath this scorching, desolate landscape sits the largest and most important oil field in the […]

The August 2006 ASPO Newsletter is now available

Articles include: 733. When will they ever learn ? 734. People Eat 735. Country Assessment Series – United Kingdom revisited 736. Regional Assessment- AFRICA 737. Ireland begins to formulate a post-Peak Energy Policy 738. Brilliant Australian Peak Oil Programme 739. Nomenclature 740. ASPO International Conference ASPO Ireland (PDF)

Why Wal-Mart wants to sell ethanol

NEW YORK (Fortune) — More than 5 million vehicles on U.S. roads today can run on ethanol – a renewable fuel that comes from corn – as well as gasoline. General Motors, Ford and DaimlerChrysler recently announced plans to double their annual production of so-called flex fuel vehicles to two million cars and trucks by […]

Argentina’s air force tests and develops

Not long ago, we reported about progress made in the development of biofuels for airplanes, the last great green fuel challenge, and today, Argentina’s Air Force not only announced its plan to develop “biokerosene”, but actually demonstrated its use. The plan foresees a “bio-jetfuel” containing 80% “Jet A1″, a special kind of kerosene, and 20% […]

Rebels blow up third Pakistani pipeline in a week

QUETTA, Pakistan (AFP) – Tribal insurgents blew up another gas pipeline in southwestern Pakistan’s Baluchistan province, the third such attack in less than a week, officials said. Military officials meanwhile dismissed a claim that five soldiers had been captured by the rebels, who are fighting for greater autonomy and a share of profits from the […]

BP readies oil tanker spree after Alaska outage

LONDON (Reuters) – BP (BP.L) is scrambling to move oil from across the world to make up for lost production at its Prodhoe Bay oilfield in Alaska, shipping industry sources and brokers said on Wednesday. On Tuesday half of the field’s output, some 200,000 barrels per day, was shut-in. London Brent crude oil prices hit […]

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