Resource-poor Japan is pumping no small amount of public funds into its energy drive to secure foreign oil, gas and other resources in a desperate bid to ensure its energy security amid spikes in oil prices. Ensuring stability of supply is a matter of life or death for the world’s second-largest economy. The country imports […]
The fight for space on Spain’s beaches looks set to grow fiercer over the next four decades as the sand starts to disappear under a rising sea that also threatens to flood beach-side homes, according to a Spanish environment ministry report. Spain’s beaches are expected to shrink by an average of 15 metres (50ft) by […]
Global warming, described by former United States President Bill Clinton and British Prime Minister Tony Blair as the greatest crisis facing humanity, presents opportunities for Irish agriculture to make a great contribution to national energy self-sufficiency. Dr Eddie O’Connor, chief executive of Airtricity, the independent supplier of wind generated energy, said global warming killed 160,000 […]
Chinese Premier Wen Jiabao called on Sunday in Helsinki for expanding Asia-Europe cooperation to ensure energy security and expressed his support for the multilateral trading system to achieve common development. While addressing the sixth summit of the Asia-Europe Meeting (ASEM) held in the Finnish capital, Wen said “China calls on ASEM to conduct more dialogue […]
Climate change is the biggest, most significant challenge of the 21st century. That is why the newspapers of the East Oregonian Publishing Co. began this occasional series in March. Since the inception of our series, the public consciousness of climate change has grown. Developments in the Arctic have contributed to that. So did Al Gore’s […]
Once regarded as costly and impractical, solar technology is now poised to play a larger role in the future, thanks to new developments that could result in lower costs and improved efficiency. Potential applications include cell phones, computers, automobiles, homes and office buildings. The American Chemical Society will address the progress and challenge of this […]
Hydraulic hybrids have been ignored because they present big engineering challenges, noise being one. Even so, Eaton and the Environmental Protection Agency teamed up with United Parcel Service to put hydraulic delivery trucks on the road. In tests, the prototypes get upwards of 50% better fuel economy. Kasmer himself has failed to connect with a […]
FT.com – Russia plans a massive increase in the scale of its exports of oil and gas to Asia in its quest to expand its political and economic role as a global energy supplier, Vladimir Putin has said. According to the Russian president, it plans to export 30 per cent of its oil and gas […]
The Australian – THE world has an abundant supply of oil, and high petrol prices are just the reality of a globally traded commodity, ExxonMobil Australia chairman Mark Nolan said today. Mr Nolan used his speech to the Asia Pacific oil and gas conference in Adelaide today to debunk the theory of peak oil, which […]
We already knew that Richard Branson was interested in biofuels, when he said that he thinks all his “Virgin” airplanes will fly on green fuels by 2020. But now the billionaire serial investor made his previous suggestions concrete and launched an investment fund for environmentally friendly fuels. Branson says the new “Virgin Fuels” business will […]
With most of America’s energy concerns riveted on the shrinking global availability of crude oil, little is communicated about the increasing role that imported gasoline and other oil derivatives are playing in keeping this nation’s automotive and trucking fleet in motion. Despite administration propaganda to the contrary, dependence on fossil fuel and its products will […]
Houston engineer develops reputation for accuracy over the long haul Houston was rocking and rolling in 1980, with oil at $40 a barrel and some people in the industry predicting it would soar to $100. One of the few dissenting voices, Henry Groppe Jr., forecasted that by 1985 oil would fall to $15. “This guy’s […]
It’s a phrase uttered sparingly, if at all, in recent years: There’s good news on oil and gas prices. A confluence of recent events has oil analysts optimistic about the future price of crude oil and its derivatives, primarily gasoline and heating oil. Some are predicting a sharp drop during the next year in global […]
…Today the MSM’s No. 1 myth is global warming. But many minor myths come to mind. The high cost of college. The 46 million without health insurance. Hunger in America. The obesity crisis. The evils of Wal-Mart. Those and other media-mongered myths will live forever. But at least one venerable MSM scare story that never […]
Recent test shows big potential in Gulf of Mexico, but demand is growing strongly News of a successful test in a potentially huge oil field in the Gulf of Mexico last week may have led some Americans to stop planning for hybrids and go back to dreaming about owning gas guzzlers. Chevron and Devon Energy’s […]
An Australian medical professional turned peak oil writer called this week for a healthcare version of the well-known Hirsch report.
Why there will be oil drilling along the Florida coast . . . The most important day in our history may have come and gone and we didn’t even notice: Peak Oil Day. Simply put, Peak Oil Day is the day when we have pumped half the world’s accessible oil out of the ground. From […]
A massive expansion of North America’s ability to produce biofuel, including biodiesel and ethanol, is expected to dramatically increase the demand for crops which have traditionally been used in the manufacture of human food and livestock feed. As the shift to increased biofuel use becomes increasingly evident in both Canada and the United States, western […]
Just last fall, it appeared the Texas coal rush was rolling ahead like an unstoppable locomotive. Skyrocketing natural gas prices were pushing electricity prices up, and electric demand was growing. Coal, relatively cheap and relatively dirty, seemed the reasonable alternative. But this summer, the coal train has hit some rough rails.Environmental groups fighting the permits […]
Dubai-based Mashreqbank is structuring an Islamic energy futures contract for trading on the Gulf Arab emirate’s new energy bourse next year, a senior bank official said. Taha El Tayeb Ahmed, vice-president of Mashreqbank’s Islamic finance unit Badr Al Islami which will launch services later this year, said the bank’s product development team is working on […]
Russia on Friday outlined plans to build dozens of nuclear reactors over the next two decades to help meet its growing power demand. Sergei Kiriyenko, head of Russia’s atomic energy agency, confirmed Moscow’s commitment to nuclear, saying it wanted to keep it at the heart of the country’s energy mix, despite Russia’s vast oil and […]
The European Union (EU) should map out a common energy policy and establish a common energy market to reinforce energy security, EU financial ministers and central bank chiefs said on Saturday. EU nations should diversify their energy sources, improve energy efficiency, encourage the use of renewable energy and increase funding for energy-related research so as […]
St. Louis- Touting the importance of a “culture of conservation” and investment in alternative fuels, John Hofmeister sounded less the leader of the world’s third-largest oil company as much as a speaker at an Earth Day celebration. He said conventional oil and gas resources are no longer enough for the nation’s energy security. The energy […]
With most analysts agreeing the point of peak oil in the North Sea has been passed, the challenge is to squeeze as much of the remaining oil from it. However, those who will achieve this are unlikely to be those who sank the first wells into the hostile waters off our northern coasts. New entrants […]
The curtain will fall on North Sea oil production by 2012 if not enough is done to maintain development and exploration, according to a forthcoming report from the Offshore Industry Liaison Committee (OILC). The report, due out by the end of September, will reignite the debate on depletion rates in the North Sea. The OILC […]
A Florida county has grand plans to ditch its dump, generate electricity and help build roads
A $5 billion proposal to turn some of Victoria’s abundant brown coal into diesel moved a step closer after the State Government revealed it was about to grant a mining licence to the company behind the project. Energy Minister Theo Theophanous told The Sunday Age that the project aimed to produce about 60,000 barrels a […]
Talks between Gazprom chief manager Aleksey Miller and Ukrainian prime minister Viktor Yanukovych concerning the regularization of the energy balance between Ukraine and Russia for late 2006 and early 2007 were concluded on Thursday. According to Kommersant’s sources, Ukraine was assured that it would not be left without gas and that, despite the fact that […]
“These mountains are so important for the water resources and we have to take care for this upland watershed management,” Bruno Messerli of the University of Bern said after presenting a case study at an international water forum. Mountains need to be thought of as rocky water towers and protected by government, Messerli said. That […]
OPEC President Edmund Daukoru said he’s “very concerned” about the drop in oil prices, putting him at odds with ministers from member countries including Saudi Arabia and Algeria. “We need to review it in depth,” Daukoru, who is also the Nigerian oil minister, told reporters today as he arrived in Vienna for a meeting next […]
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