Going Deeper for More Oil

On September 5, a consortium of three oil-industry giants, Chevron, Devon, and Statoil, announced the results of a well test in the Jack Field located about 270 miles south of New Orleans and 175 miles offshore. It may be the largest discovery since Alaska’s Prudhoe Bay in 1968, and it is almost entirely due to […]

Brazil says will more than double ethanol exports by 2010

Brazil is aggressively expanding its sugarcane plantations and expects to more than double its annual exports of alcohol fuel, or ethanol, by 2010, Mines and Energy Minister Silas Rondeau said Monday. Thanks to the rapid expansion of sugarcane areas, the country will export about 8 billion liters (2.1 billion gallons) of ethanol in 2010, up […]

Russia: Exxon cannot book new Sakhalin reserves

Russia’s resources ministry has told Exxon Mobil Corp. it will not automatically enlarge the licence territory of Exxon’s Sakhalin-1 oil and gas block, despite the discovery of new reserves near or at existing deposits. The ministry said in a statement that its representatives had told the U.S. oil major, which is developing Sakhalin-1 under a […]

Rice hints at talks with Iran if it halts nuclear work

U.S. Secretary of State Condoleezza Rice on Monday held out the possibility that the United States might join talks with Iran if it temporarily suspends its nuclear program. wn

Finland offers experience in clean energy

“Clean, green and environment-friendly.” These are the three objectives of Finland’s energy producers. As leaders from the 38 members of the Sixth Asia-Europe Meeting (ASEM6) gathered in the Finnish capital to discuss topics such as climate change, sustainable development and energy security, Finnish energy suppliers yesterday showed how they are striving to make the world […]

Iran Parliament Hopes Inpex Opts Out of Azadegan

The chairman of the Iranian Parliament’s energy commission said Monday that lawmakers hoped Japan’s Inpex Holdings Inc. (1605.TO) would withdraw from developing the Islamic republic’s giant Azadegan oil field, adding the company has until the end of this month to decide on its future involvement in the project. rigzone

Mongolia seeks more profit from rich coal deposits

International coal miners are flocking to Mongolia, lured by the landlocked country’s rich coal deposits and booming demand from its giant neighbour China. But investors are wary of Mongolia’s new minerals legislation, which allows the government to own a percentage of strategic mineral deposits without clarifying the terms of the state’s investment. Mongolia is fearful […]

Canal dreaming: solving the energy crisis

The canals of Great Britain. Falling into disuse. I mean, with an energy crisis looming, and a serious shortage of water in the South East, and a transport infrastructure geared to cheap oil, what possible purpose could an antiquated, Olde Worlde network of canals serve? Apart from freeing up enough electricity to keep our computers […]

Updating Prescriptions for Avoiding Worldwide Catastrophe

Few scientists have elicited such equivalent heaps of praise and criticism as James E. Lovelock, the British chemist, inventor and planetary diagnostician who has long foreseen a clash between humans and their planet. nytimes

Wind power ready to meet looming energy gap

A new report shows that many forecasts have considerably overestimated global reserves of oil and gas. The paper entitled bwea

U.S. Intelligence community battles neo-cons over Iran

In the struggle over US policy toward Iran, neo-conservatives in the George W Bush administration spoiling for an attack on Iran’s nuclear sites have been seeking to convince the public that the US must strike before an Iranian nuclear-weapons capability becomes inevitable. irishsun

Asia-Europe Meeting Pledges to Set New CO2 Targets Beyond Kyoto

Leaders of 38 Asian and European countries convened for the sixth Asia-Europe Meeting (ASEM) summit issued a Declaration on Climate Change that pledges to set new carbon dioxide emissions targets that go beyond those now set for 2012 under the Kyoto Protocol. greencarcongress

Ammonia Borane Appears Stable for Hydrogen Storage in Vehicles

Researchers from the Pacific Northwest National Laboratory (PNNL) and Rohm and HAAS have determined that ammonia borane (AB) is a promising hydrogen storage material for fuel-cell vehicle applications due to its high hydrogen density and stability under typical ambient conditions. greencarcongress

Synthetic Fuels with Advanced Engines or Hydrogen and Fuel Cells

The transportation sector may find that synthetic fuels combined with next-generation advanced compression-ignition engines are more cost- and energy-efficient than using refinery-produced hydrogen to power fuel-cell vehicles in the medium term, suggests Thomas Rostrup-Nielsen of Haldor Topsoe. Topsoe is one of the world greencarcongress

The Oil Drum: Jack-2 and the Lower Tertiary of the Deepwater Gulf of Mexico

With the successful test drilling of Jack-2 in the ultra deepwater Gulf of Mexico, there has been a media blitz proclaiming the good news. The “peak oil” theory is under attack. This very in-depth article takes a closer look at the prospectivity, geology, economics, technology, reservoirs, hydrocarbons and logistics of the Lower Tertiary play in […]

The cold war for oil

World prices of oil and gas are showing a steeply rising trend. According to Matthew Simmons, a former White House energy adviser, the price of a barrel of petroleum may rise as high as $ 200 to $ 250 in the coming years from the present price of only $ 78. Such an extreme increase […]

Peely

Relax! There’s plenty of oil left in the ground. By 2030 conventional fossil fuels will still account for 80% of the world’s energy requirements. At least that’s the view espoused by Mark Nolan, chairman of Exxon-Mobil Australia. It is also the view of the US Department of Energy. Now I’m not here to promote conspiracy […]

Cutting the world’s economic jugular veins

…Oil is primordial, plentiful and abundant. ”Peak Oil” theorists and Malthusians have been consistently incorrect in their ”running out of oil” predictions in the past, and they will continue to lose credibility in the future. Why? With every new deep-oil discovery, such as Chevron’s giant oil reserve in the Gulf of Mexico last week (which […]

Iraq official calls for oil partnerships

ABU DHABI, United Arab Emirates – A top Iraqi official called for partnerships with international companies to boost his country’s oil industry on Sunday, saying Iraq’s emergence as a “secure petro-democracy” could quell rampant sectarian violence. Deputy Prime Minister Barham Saleh, a Kurd, conceded disputes between local officials and the central government over who controls […]

NIGERIA: Irate youths besiege PHCN office in Umuahia

Irate youths protesting power outage in Umuahia have staged a peaceful demonstration at the premises of the Bende Road District Office of Power Holding Company of Nigeria (PHCN), in the Abia State capital. Spokesman of the placard-carrying youths, Okechukwu Ibe, alleged that PHCN cut electricity supply to the area since two months ago, a development […]

Ditch the car? Don’t laugh, it works for some creative commuters

Six years ago, Bruce Wilbur did what most Americans wouldn’t dream of: He got rid of his car. And his minivan, too. He started taking the bus to work – not a common sight in Rochester, N.Y. – and loved the switch. More recently, he has been biking to work. wn

Is Balochistan turning into an arena of geopolitics?

THE situation in Balochistan indicates that the province seems to be turning into an arena of global energy politics. The control of oil and gas reserves and the pipelines that will transport the product to the world markets through the Baloch territory seem to be emerging as the future name of the game. Seen in […]

Iran ‘misunderstandings’ cleared

The EU’s foreign policy chief has said that misunderstandings about Iran’s nuclear programme have been cleared up, in talks with its chief negotiator. Javier Solana and Ali Larijani said progress had been made in a second day of talks to find a compromise to avoid UN sanctions… wn

Oil supply must rise to reduce gas prices

When motorists pull into gas stations and cringe at per gallon costs, not much thought is given to how many others worldwide want that same gasoline, how that gas was produced and delivered for sale, what could be done to increase global oil supply or develop alternative fueling options. But these factors determine how much […]

Gas Mileage – Not Gulf Oil – Can Bring Energy Independence

Environmentalists are unimpressed by reports this week of a massive, new oil find in the Gulf of Mexico. Farullo argues that requiring better gas mileage on cars and trucks would be a better way to drive down the price of gas. A recent report by the Union of Concerned Scientists found U.S. drivers would spend […]

S.C. hopes to lead hydrogen economy

Years ago, engineers for the federal government here studied hydrogen for its bomb-boosting capabilities. Now, scientists are working toward developing an economy that runs on the element. “Our people did indeed help win the Cold War,” said Fred Humes, director of the Economic Development Partnership in Aiken and Edgefield counties. “And with the capability we […]

Cuba, India’s Oil & Natural Gas Sign Oil Exploration Accord

India’s biggest state-controlled oil exploring company won permission from Cuba to drill for crude in its waters, part of an effort by the Caribbean island’s communist regime to become oil self-sufficient in coming years. India’s Oil & Natural Gas Corp. will seek oil in the N-34 and N-35 blocs of Cuba’s economic exclusive zone in […]

Soaring energy costs make solar power a bright idea

They say every cloud has a silver lining. With the hefty rises in electricity and gas prices over the past year, the lining is that solar power, for most of us, is now a realistic, cost-effective option. Until recently the expense of putting solar panels on the roof meant only a few eco-warriors with money […]

Bubble Fusion Discoverer Taleyarkhan Strikes Back

Taleyarkhan told us that he and his colleagues invited outside visitors and experts into their laboratory to offer real-time demonstrations of bubble fusion. Taleyarkhan asserts that all four successful results have been acknowledged in written affidavits and documentation. He has provided us with three of these, which are summarized below. The fourth has been promised. […]

Arabs urged to jointly develop nuclear energy

The head of the Gulf Cooperation Council yesterday urged Arabs to assume proactive roles in the development of nuclear energy. The GCC Secretary-General Abdul Rahman Al Attiyah said cooperation programmes must be launched instead of remaining idle or depending on other states. “I believe that you agree with me that we will no longer accept […]

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