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News from September 2006

QuantumSphere Files Patent on Catalyst Device for Hydrogen Electrolysis

QuantumSphere Files Patent on Catalyst Device for Hydrogen Electrolysis thumbnail

QuantumSphere (QSI), a manufacturer of nano metals and alloys for applications in renewable energy and other markets demanding advanced materials, has announced the recent filing of another patent relating to the production of hydrogen by electrolysis using its proprietary nano electrodes. greencarcongress


Power from Not-So-Hot Geothermal

Power from Not-So-Hot Geothermal thumbnail

A large share of the geothermal resources suitable for power generation–those with temperatures higher than 300Technology Review


Argentine Company Researching New Uses for Ethanol

Argentine Company Researching New Uses for Ethanol thumbnail

An Argentine company wants to take ethanol beyond the gasoline pump, and is researching ways to use the substance derived from beets, corn and sugar cane to replace fossil fuels in products such as brake fluid and engine coolant. The company, Quimica True, which produces conventional auto-related liquids based on petroleum-derived chemicals, is working with […]


Total’s Oil Field Comes Under Review

Total’s Oil Field Comes Under Review thumbnail

State pressure on foreign oil companies intensified Wednesday as the Natural Resources Ministry said it was reviewing whether to revoke Total’s production sharing agreement for its Arctic Khoryaga oil field. The announcement came just two days after the ministry revoked Shell’s environmental license at its Sakhalin-2 gas fields, calling into question the future of the […]


Global oil cos’ spending soars but production, reserves growth lag – study

Global oil cos’ spending soars but production, reserves growth lag – study thumbnail

Global energy companies boosted their investments in the upstream business by 31 pct in 2005, but only to achieve a marginal growth in oil and gas production and reserves. Global spending on exploration and production grew by 66 bln usd to 277 bln usd in 2005 as industry giants like Exxon Mobil Corp, BP PLC […]


BP and Exxon at odds over Gulf oil project

BP and Exxon at odds over Gulf oil project thumbnail

BP, the UK oil group, and ExxonMobil, its minority partner on the Thunder Horse deepsea oil project, have been at odds over how to respond to mounting problems with the Gulf of Mexico oilfield, the Financial Times has learned. ExxonMobil said it did not discuss its business with co-venturers, because of commercial and proprietary considerations, […]


BP to process more heavy oil

BP to process more heavy oil thumbnail

BP said Wednesday it will spend $3 billion to upgrade its Whiting, Ind., refinery to process more Canadian crude and benefit from increasing production from deposits buried in northern Alberta. The refinery, the fifth-largest in the U.S., will run almost entirely on heavy Canadian crude, including supplies extracted from oil sands, once the project is […]


Nigerian spat threatens oil

Nigerian spat threatens oil thumbnail

An ongoing public feud between the Nigerian president and vice president is adding to concerns about the long-term reliability of oil exports in a country already embroiled in violence directed at the petroleum industry. The spat could fuel violence in the Niger Delta, where oil production has diminished by at least 20 percent due to […]


U.S. sees delay in big rise in alternative motor fuels

U.S. sees delay in big rise in alternative motor fuels thumbnail

The Bush administration says the United States needs an extra 20 years to meet Congress’ goal of having almost a third of U.S. motor fuel supply come from energy sources other than gasoline. yahoo


California sues Big Six automakers over GHG emission damage

California sues Big Six automakers over GHG emission damage thumbnail

For an eight-minute-long audio interview with Teresa Schilling, spokesperson for California Attorney General Bill Lockyer, recorded this afternoon, talking about the CA AG’s lawsuit against GM, Ford, Chrysler, Toyota, Honda, and Nissan for damaging California with greenhouse gas emissions, go to: or access the Peak Oil/Global Warming Channel containing this interview directly at: Syndicate this […]


China To Overtake Germany As 3rd Biggest Car Producer

China To Overtake Germany As 3rd Biggest Car Producer thumbnail

China will replace Germany this year as the world’s third largest maker of cars and vans, according to a report of market research released Tuesday. China will produce about 5.9 million light vehicles this year, outpacing Germany’s 5.38 million, according to figures released by Polk Marketing Systems, a key car market research and consulting company […]


Better Metals and Minerals Data Needed as Nation’s Import Dependency Grows

Better Metals and Minerals Data Needed as Nation’s Import Dependency Grows thumbnail

“Despite the abundance of these resources in the United States, our country is becoming more dependent upon foreign sources to meet our metal and minerals requirements,” she said. “This increases our nation’s vulnerability to supply disruptions of strategic metals due to political or military instability,” said Connie Holmes, senior economist and director of international policy […]


The Greatest Lie the Devil Ever Told

The Greatest Lie the Devil Ever Told thumbnail

Speaking at an OPEC conference last week, Abullah Jum’ah, CEO of Saudi Aramco, directly challenged the peak oil model claiming there is no cause for concern despite hard evidence provided by petroleum geologists that shows the world quickly running out of cheap, easily accessible oil. Mr. Jum’ah said at the meeting, “The world has only […]


The Oil Drum: An Oil Export – Import Model for the UK

The Oil Drum: An Oil Export – Import Model for the UK thumbnail

This post follows up on the work of Khebab and Westexas on US oil imports and the recent discussion on TOD about declining oil exports from Export Lands. In the Export Land model, the focus is on oil exports as opposed to oil production. This recognises that the economies of many oil-exporting countries are booming, […]


Rising Fuel Costs Tighten Air Force Belt

Rising Fuel Costs Tighten Air Force Belt thumbnail

The growing cost of crude oil combined with increasing fuel demands of the war on terrorism are forcing Air Combat Command officials to brace for a budget crisis while looking for future fuel alternatives. The Air Force paid approximately $4.2 billion for petroleum in fiscal 2005 — almost $1.4 billion more than fiscal 2004, according […]


Coal mine methane explosion kills 41

Coal mine methane explosion kills 41 thumbnail

A methane explosion tore through a coal mine in Kazakhstan, killing 41 people in the country’s worst mining accident on record. The Lenin mine, belonging to Mittal Steel is one of eight supplying coal to the company’s Temirtau factory, one of the world’s biggest steel plants. Grigory Prezent, deputy coal department director of Mittal Steel […]


Closed nuclear fuel cycle central to India’s vision of energy security

Closed nuclear fuel cycle central to India’s vision of energy security thumbnail

“India considers a closed nuclear fuel cycle of crucial importance for implementation of its three-stage nuclear power programme” with its long-term objective of tapping vast energy available in thorium resources in India, according to Anil Kakodkar, Chairman, Atomic Energy Commission. With an anticipated rapid growth in demand for nuclear power, especially in developing countries, “cost-effective […]


Meeting

Meeting thumbnail

LONDON: The world needs to spend $1tn a year in alternative fuels, starting 20 years before the peak in conventional oil production, in order to mitigate fuel shortages, a US Energy Department study showed. Production peaks in Texas, the UK and Norway were examined as part of two studies for the department that advised on […]


Oil is a finite resource that draws out infinite opinions

Oil is a finite resource that draws out infinite opinions thumbnail

I wanted to be a geologist once The oil that is easiest to extract


Global warming and peak oil

Global warming and peak oil thumbnail

…I believe in the secular bull market commodities thesis the strong conviction that we are still in the early-to-middle innings of the natural resource ballgame. This is an “obvious” point, but one that is important to re-emphasise when storm clouds darken the horizon… We tend to see urban pollution as a modern problem. But did […]


The Discovery Channel Producing Mini-Series on Climate Change and Peak Oil

The Discovery Channel Producing Mini-Series on Climate Change and Peak Oil thumbnail

Discovery Channel announced today that production has begun on FINAL HOUR, an historic eight-part television series that bridges the gap between science and action surrounding the most critical issues of our time. Set as hybrid of drama and non-fiction storytelling entirely based on scientific fact, FINAL HOUR addresses core issues of climate change, poverty and […]


Scientists shocked as Arctic polar route emerges

Scientists shocked as Arctic polar route emerges thumbnail

PARIS (AFP) – European scientists voiced shock as they showed pictures which showed Arctic ice cover had disappeared so much last month that a ship could sail unhindered from Europe’s most northerly outpost to the North Pole itself. The satellite images were acquired from August 23 to 25 by instruments aboard Envisat and EOS Aqua, […]


Economists wary of falling energy prices

Economists wary of falling energy prices thumbnail

WASHINGTON – It should only be this simple: Oil prices plunge 20 percent, leading businesses and consumers to ramp up their spending, which gives a nice jolt to the economy. That seems to be the conventional wisdom on Wall Street right now, where the pullback in energy prices is being cheered by investors. But some […]


Amaranth future in doubt, may hit larger funds

Amaranth future in doubt, may hit larger funds thumbnail

NEW YORK (Reuters) – Fund manager Amaranth Advisors may not survive the billions of dollars in natural gas losses it disclosed this week, and larger institutional energy funds may see some investors flee in the aftermath, industry experts said on Tuesday. The Connecticut-based fund had more than $9 billion in capital under management before announcing […]


Son of Mubarak eyes succession

Son of Mubarak eyes succession thumbnail

Gamal Mubarak, the son of the Egyptian president, proposed that his country pursue nuclear energy in a speech to the nation’s political elite on Tuesday. The carefully crafted political speech heralded two potentially embarrassing developments for the White House at a time when the Middle East is awash in crisis: firstly, a nuclear program in […]


Europeans offer aid for windmills, bio-energy

Europeans offer aid for windmills, bio-energy thumbnail

President Gloria Macapagal Arroyo has secured a commitment from Denmark to expand the Bangui wind power plant in Ilocos Norte, and from Finland to explore the use of biomass as an alternative energy source, an official said yesterday. Energy Secretary Raphael Lotilla said Hawaii was also studying importing car maker Ford Philippines’ flexivehicle that runs […]


BP field delay to up 2007 demand for OPEC oil -IEA

BP field delay to up 2007 demand for OPEC oil -IEA thumbnail

Demand for OPEC oil will be 100,000 barrels per day (bpd) more in 2007 than previously forecast after BP delayed the start of a giant Gulf of Mexico oilfield, the head of the International Energy Agency said on Tuesday. “I am concerned it changes the balance for 2007, that is clear,” IEA Executive Director Claude […]


Winds of change for power pair

Winds of change for power pair thumbnail

China and India are accelerating development of wind power, luring companies including turbine maker Vestas Wind Systems, as restrictions hamper wind-farm construction in traditional markets such as Australia. “The biggest markets in the next decade will probably be India and China in particular,” said Achim Hoehne, a Sydney-based manager at the PB Power unit of […]


Car Emissions to End? Don’t Hold Your Breath

Car Emissions to End? Don’t Hold Your Breath thumbnail

The dream of smog-free cities served by whispering fleets of zero-emission cars is still decades away from becoming reality. Internal combustion engines have established such a stranglehold on the automotive industry that they will probably outlast everyone alive today. Only limited numbers of non-polluting cars that run on hydrogen-powered fuel cells or that burn hydrogen […]


Big boys absent as India offers oil, gas licenses

Big boys absent as India offers oil, gas licenses thumbnail

There is much hope for new oil and gas finds in India, with the latest round of exploration bids likely to ensure that India has one of the most extensive deep-sea exploration programs in the world. An estimated US$8 billion to $10 billion of investment is expected during the sixth round of the New Exploration […]


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