The Kremlin Activates Coal

The Russian presidential administration has developed fuel strategy for Russian electricity. Kommersant has learned that it will not emphasize growing gas supplies, of which, experts say, there is already a 30-percent deficit, but coal. Thus, Russian authorities will convert domestic consumers to coal and heating oil, which will unavoidably lead to higher electricity prices, but […]

Bolivia issues ultimatum for oil companies to renegotiate contracts

The Bolivian government on Tuesday issued an ultimatum to oil companies, setting an October 31 deadline for them to sign new contracts following the nationalization of the country’s energy resources. ‘If by October 31 they have not agreed to the relevant contracts that benefit the company and benefit the country, we shall have to proceed […]

Russia Not Seeking to Scrap Energy Deals

Russia’s economics minister said Tuesday the government had no plans to cancel a handful of foreign-led energy projects agreed to in the 1990s, including Shell’s troubled Sakhalin-2 liquefied natural gas project. But one day after the Natural Resources Ministry said it would cancel environmental approval for the project on the Far East island of Sakhalin, […]

China boosts global role with US/Asia energy meet

China will host a summit of top U.S. and Asian energy officials next month, government officials said on Tuesday, as Beijing seeks a greater say in coordinatingglobal consumer-nation policy to help rein in oil prices. reuters

Royal Society To Exxon: Stop Funding Climate Change Denial

Britain’s leading scientists have challenged the U.S. oil company ExxonMobil to stop funding groups that attempt to undermine the scientific consensus on climate change. In an unprecedented step, the Royal Society, Britain’s premier scientific academy, has written to the oil giant to demand that the company withdraws support for dozens of groups that have “misrepresented […]

Marine Hydrogen & Fuel Cell Association Founded

The Marine Hydrogen & Fuel Cell Association (MHFCA) was officially registered in Germany on 17th August 2006 as a non-profit organization. BR> The third international intention of MHFCA is to identify important challenges caused by the changing environmental legislation and rising fuel prices. Defining barriers to the introduction of hydrogen as an energy carrier in […]

More Companies May Dig Deeper in Search for Oil

The successful production of oil from the five-mile-deep Jack well in the Gulf of Mexico is likely to spur more deep-water exploration around the world — and that prospect is helping calm overheated crude-oil markets anxious about future supplies. In addition to companies involved in the Jack well, deep-water oil is poised to play a […]

American Energy: The Renewable Path to Energy Security

American Energy: The Renewable Path to Energy Security shows that an energy future based on abundant and clean renewable resources is not only urgently needed, but achievable. The time is ripe for a strong national commitment to enacting new policies at the federal, state, and local levels that will allow the United States to become […]

BP says transition from fossil fuels presents ‘huge business opportunity’

Skeptics doubt that the U.S. should respond to global warming, but do not count petroleum giant BP PLC among them. A company official told a mayor’s conference that BP is reacting the old fashion way iht

Iowa company turns to ammonia for fuel

An Iowa alternative fuel engine manufacturer has reached an agreement with an irrigation pump maker in California to make the world’s first ammonia-powered irrigation pump system. The system will help meet California’s new strict emissions requirements scheduled to go into effect in 2010, the companies said. yahoo

Air Force Flight Test of Syntroleum Gas-to-Liquids Fuel Successful

Syntroleum announced that its Fischer-Tropsch (FT) jet fuel has been successfully tested in a United States Air Force B-52 Stratofortress Bomber aircraft. greencarcongress

Chevron funds UC-Davis biofuel research

Chevron Corp. will fund up to $25 million in research over the next five years at UC-Davis to develop renewable fuels from plant waste. Chevron Technology Ventures, a subsidiary of San Ramon-based Chevron (NYSE: CVX), will support a broad range of projects focusing on converting renewable feedstocks available in California into transportation fuel. “This will […]

Wind may generate 30 pct of electricity by 2030

Wind power could generate almost 30 percent of the world’s electricity by 2030 and is growing faster than any other clean energy source, a wind business group and environmental lobby Greenpeace said on Wednesday. “At good locations wind can compete with the cost of both coal and gas-fired power,” the Global Wind Energy Council (GWEC) […]

Ethanol’s dirty little secrets

How do you convince consumers that what’s bad for you is good for you? You feed them a load of bull, and hope they don’t catch on. So it is with the Ontario and federal governments, which are spinning their pro-ethanol campaigns as consumer-friendly solutions to our energy and environmental problems. Globe and mIal

Bread, internet disasters hit Zimbabwe

The slow train wreck continues… Shops in the Zimbabwe capital Harare are running short of bread after three top food-makers were arrested for over-charging for their products. bbc

The Oil Drum: The Forest and the Trees — the Oil News Imbalance

A news imbalance exists in the reporting of supply-side developments affecting peak oil claims. Apparently, there is nothing but good news latelyMuch more after the jump to The Oil Drum.

The only way to kick our oil habit

DALLAS No, I am not an environmental radical or an oil company executive. I am a generally conservative American automobile driver, and a trained economist. As an economist, I understand that price movements in free markets send signals to consumers. These signals speak more clearly than all the rhetoric Washington, D.C., can muster, and change […]

Nigeria to restore oil production loss

SINGAPORE – Nigeria is working to soon restore losses in oil production because of militant attacks on some pipelines, the country’s finance minister said Tuesday. Over the last eight months, Nigeria’s oil production has dropped 600,000 barrels a day to 1.9 million barrels from a projected 2.5 million barrels because of the attacks and violence […]

Steamflood pilot in Saudi neutral zone ‘quite promising’: Chevron

Chevron hopes to increase production of heavy crude oil from Saudi Arabia’s neutral zone through the use of steamflood technology and results from an initial pilot so far are quite promising, Chevron vice chairman Peter Robertson said Tuesday. “We have a small pilot going in the neutral zone and soon we will have a bigger […]

Amaranth faces billions of dollars in natgas losses

Amaranth Advisors’ hedge fund said on Monday it may suffer billions of dollars in natural gas losses, becoming the latest hedge fund to be stung by energy price volatility this year. The Connecticut-based company, which had over $9 billion in capital under management, said year-to-date losses may top 35 percent as it liquidates its natural […]

BP investors demand meeting

Major investors in BP are hoping to meet with the oil and gas giant’s chairman Peter Sutherland in the next few weeks to discuss the company’s recent problems in America. Telegraph.co.uk has learned that the concerns about BP were raised at a meeting of the investors’ committee at the Association of British Insurers on Monday. […]

Those quick to deride peak oil theory also don’t know Jack

…The problem in all this is that the peak oil theory isn’t about $78-a-barrel oil. And the price of abundance isn’t necessarily $63. The factors that pulled oil futures prices from $78 to $63 are short-term realities in a very long cycle. The forecasted hurricanes never came. Chevron hit pay dirt. Iranian President Mahmoud Ahmadinejad […]

Rig shortage to stunt oil output growth for years

LONDON (Reuters) – A global shortage of rigs will hamper attempts to raise global oil and gas output for years, oil service company executives and consultants said on Monday. As producers look to boost crude and gas output to meet soaring demand growth, the global supply of rigs is stretched to the limit and is […]

Time to Move the Mississippi, Experts Say

Scientists have long said the only way to restore Louisiana Far from rejecting the idea, state officials have embraced it, motivated not just by the lessons of Hurricane Katrina but also by growing fears that global climate change will bring rising seas, accelerating land loss and worse weather.

Philip Morris, Exxon lead climate change denial industry

For years, a network of fake citizens’ groups and bogus scientific bodies has been claiming that science of global warming is inconclusive. They set back action on climate change by a decade. But who funded them? Exxon’s involvement is well known, but not the strange role of Big Tobacco. Excerpt from George Monbiot’s new book […]

BP: Global warming a ”huge business opportunity”

Skeptics doubt that the U.S. should respond to global warming, but do not count petroleum giant BP PLC among them. A company official told a mayor’s conference that BP is reacting the old fashion way “We think this is a huge business opportunity,” said Charles A. Christopher, carbon dioxide program manager for BP in Houston. […]

Bangladesh faces energy dilemma

Bangladesh needs more energy for its growing population This year has seen large-scale and often violent demonstrations in different parts of Bangladesh over the thorny issue of power and energy supply. Across the country, the picture appears to be the same. At Kansat, a village in northern Bangladesh, hundreds of demonstrators agitating over power shortages […]

England’s warming ‘not natural’

Temperatures in central England are about 1C higher than in the 1950s, and humanity’s greenhouse gas emissions are the reason, a new study shows. Researchers at the Meteorological Office analysed temperature records going back almost 350 years. BBC

Russia’s Move to Cancel Shell’s Sakhalin License Sparks Concerns

On Monday, Sept. 18, Russia’s Natural Resources Ministry said that it had decided to annul the approval of Sakhalin-2 oil and gas project in the Far East. This is the latest in a series of problems, encountered by the project run by Royal Dutch/Shell. The difficulties put in jeopardy contracts with Japan, South Korea and […]

Floating Ocean Windmills Designed to Generate More Power

Researchers at the Massachusetts Institute of Technology and the National Renewable Energy Laboratory (NREL) have designed a wind turbine that can be attached to a floating platform. Long steel cables would tether the corners of the floating platform to a concrete-block or other mooring system on the ocean floor, like a high-tech ship anchor. The […]

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