MOSCOW (AFP) – Russia’s environmental inspectorate plans criminal proceedings against the operator of the Sakhalin-2 oil and gas project over “barbaric” environmental damage caused by pipeline construction, a senior inspector has been quoted as saying. But Foreign Minister Sergei Lavrov suggested at a conference Thursday that a dispute between Russian authorities and foreign companies involved […]
ISTANBUL, Turkey – An explosion ignited a fire on a natural gas pipeline near the Turkey- Iran border, Turkish news reports said Friday, but there were conflicting reports from the two countries about where the blast happened. Turkey’s state-run Anatolia news agency reported that the explosion occurred late Thursday night in the Iranian border city […]
Just how costly is China’s environmental mess? The working assumption is that the situation is somewhere between really bad and off-the-charts ghastly. Yet getting a real statistical grip on the scale of the problem has been tough for Chinese leaders and outside observers alike. To its credit, President Hu Jintao’s government is trying to remedy […]
Two hundred people, including police, were injured in Bangladesh as more riots and demonstrations have erupted in protest against regular interruptions to electricity supplies. The present events are a continuation of a long-running struggle in the country over unreliable energy supplies. Power cuts affect daily life in various important ways. Life in city slums becomes […]
Brussels has come under pressure from the Finnish EU presidency and environmental groups to re-consider its planned delay of a major proposal on how the bloc’s member states should curb energy consumption by 20 percent by 2020. The energy efficiency blueprint – aiming at saving around €60 billion a year in unnecessary energy costs – […]
Oil and gas exploration by Royal Dutch Shell and Japanese partners has caused extensive environmental damage on Russia’s far eastern island of Sakhalin, a leading German ecologist said Thursday. Species at risk from drilling and production include the rare grey whales in the Piltun Bay at the north end of Sakhalin, Ralf Sonntag, head of […]
Crude oil may rise on speculation members of the Organization of Petroleum Exporting Countries will join Nigeria and reduce output to counter a 20 percent decline in prices during the past two months. Seventeen of 42 analysts, traders and brokers, or 40 percent, said prices will rise next week, according to a Bloomberg News survey. […]
Spanish construction and energy group Acciona hopes a mammoth wind energy project off southern Spain will clear bureaucratic and technical hurdles and be ready to launch in about three years, a senior executive said. Acciona is planning to spend 2 billion euros (US$2.5 billion) setting up giant windmills far offshore, but it first needs a […]
Sometimes biofuels are bad for the environment, which is why the German parliament needs to be careful with a proposed new law that encourages their use. The German parliament on Thursday started a debate over a quota law requiring biofuels — organic, renewable sources of energy — to make up a small percentage of the […]
Sugarcane and switchgrass are unlikely to fuel the next plane you ride, but Boeing Co. says development of biofuels is gaining momentum as airlines and armed forces seek alternatives to expensive jet fuel. Challenges posed by biofuels include the fact they are less stable when stored for long periods and freeze at a much higher […]
The world’s exploding energy demand–coupled with the growing risk of catastrophic rises in sea levels and climate change driven by greenhouse gases–create a singular challenge that demands urgent policy action, energy experts said at an MIT conference yesterday. “If we don’t throw everything we have at energy efficiency right now, and start to do things […]
Transactions in the wind energy sector dominated this year’s Global Renewable Energy Awards. Indian wind turbine manufacturer Suzlon Energy won ‘IPO of the Year’ for its flotation in September 2005 that raised close to $308 million and was more than 46 times oversubscribed, while Spanish construction group Acciona won the ‘M&A of the Year’ award […]
Top oil multinationals expect the revival of a Saddam-era oilfield deal between Iraq and China to pave the way for contracts giving them access to Iraq’s vast untapped reserves. Wednesday’s news that Iraq’s oil ministry would discuss handing China the first foreign contract to develop oil resources was no surprise to Western oil executives, who […]
The first tests lasted nearly three seconds, and generated an electrical current of 200 kiloamperes, Wan Yuanxi, general manager of EAST, told Xinhua News Agency, adding that the experiments were continuing. The device is planned to eventually create a plasma lasting 1,000 consecutive seconds, the longest ever fusion reactor run. Wan said the deuterium extracted […]
The California Air Resources Board wrapped up its Zero Emission Vehicle Technology Symposium yesterday, which covered everything from new battery technologies to hydrogen-powered airplanes. Although I didn’t attend the symposium, some highlights that I found particularly interesting were a presentation on BMW’s work on using liquid hydrogen in cars, Altairnano’s use of lithium titanate in […]
Cheap coal will be the main enemy in a fight against global warming in the 21st century because high oil prices are likely to encourage a shift to coal before wind or solar power, a top economist said on Thursday. reuters
Kazakh President Nursultan Nazarbayev launched a two-day Washington visit with talks with US Vice President Dick Cheney and paid homage to his country’s break with the Soviet Union. yahoo
Norwegian energy firm Statoil ASA (STO) is looking to strike a deal worth more than $1 billion in Alberta’s oil sands, according to a report in the Globe and Mail. .rigzone
OPEC President Edmund Daukoru Thursday dismissed reports of an unofficial deal to cut crude oil supplies to halt falling oil prices and said he was “unaware” that any agreement had been reached. “I’m totally unaware of this,” Daukoru told Dow Jones Newswires. “Of course the recent price fall is a shared concern, but consultations (with […]
Contractors are giving the documentary “An Inconvenient Truth” some of the credit for skyrocketing sales in solar energy products. “There were people who called me the next day after they saw that movie who said, ‘I want to do the right thing. I want to put solar on my house,’ ” said Rick White, president […]
Writing in GM greencarcongress
FoxNews – Iraq’s most important moneymaker _ its oil industry _ lost $16 billion in potential foreign sales over two years to insurgent attacks, criminals and bad equipment, a secret U.S. audit says. The Baghdad government”must take bold action”to protect its oil and electrical facilities, concludes an unclassified summary of the classified audit on Iraq’s […]
(Reuters) – Oil rose above $63 on Thursday after a report that key OPEC producers, including Saudi Arabia, had agreed unofficially to cut production to stem falling prices… A Nigerian oil industry source told Reuters that Nigeria was joining Saudi Arabia, the world’s biggest oil exporter, and Kuwait to trim oil supply from October 1. […]
Charles Gave a partner in GaveKal Research, and co-author of the book “Our Brave New World” has been on a lecturing tour of the UK sharing with others, amongst other things, his unique view on World energy and oil. This has been the subject of some debate around the TOD office in recent days and […]
ExxonMobil chief: “no Peak Oil theory of value” Q: The Peak Oil theory suggests at one point the world will have used more than half the oil and future demand will outstrip supply, leading to dramatic changes to our society. But big oil isn’t buying it. Nolan: These Peak Oil theories have been around since […]
Outraged by frequent power outages, thousands of people swooped on local power distribution offices in Islambagh, Dhalpur and Shanir Akhra areas of the capital last night and disrupted road and rail communications. Angry people also attacked power offices in six districts–Narayanganj, Narsingdi, Cox’s Bazar, Manikganj, Sylhet and Sherpur–last night and the night before. Thousands of […]
…President Bush recently invited journalists to imagine the world 50 years from now. He did not have in mind the future of science and technology, or a global population of nine billion, or the challenges of climate change and biodiversity. Instead, he wanted to know whether Islamic radicals would control the world The overthrow of […]
…The oil industry peaked last year, and half of the oil in the world has been used up, said Guy McPherson, a professor of natural resources and ecology and evolutionary biology. “If global warming is a three on a scale of one to 10, then peak oil is a 12,” McPherson said. McPherson estimated a […]
It was once a forgotten wasteland in east London – now it’s a thriving organic farm. Urban areas consume huge amounts of food, so why aren’t there more places like this? Jack Watkins reports Five years ago Allens Gardens provided a spectacle of dereliction all too familiar in the underprivileged London borough of Hackney. By […]
Confronting the world’s new petro-powers Earlier this year, Iranian President Mahmoud Ahmadinejad arrived in China — and quickly made himself at home. The occasion was a meeting of the Shanghai Cooperation Organization (SCO), a regional group linking China, Russia, and Central Asia. Ahmadinejad seemed to be everywhere. He posed, arms linked, with Russian and Chinese […]
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