Area man cited for invention

Future drivers of hydrogen-powered vehicles will have Northern Illinois University physicist Zhili Xiao to thank. R&D magazine already has. R&D has dubbed the ultra-fast hydrogen sensor developed by Xiao’s research team at Argonne National Laboratory one of the world’s top 100 scientific and technological innovations of 2005. The sensor suburbanchicagonews

Biodiesel Growth Projection Strong, Substance in Policy May Help

The information I wanted to impart today is of a far more positive nature. A newsletter I received this week pointed me to a report available from americanchronicle

Biomass could supply 66% of U.S. gas needs

The bioeconomy articles in the Aug. 27 Register are a tremendous public service to the people of Iowa, educating them about a subject important to the future economic prosperity of their state. The lead editorial on the Opinion page, “Ethanol Is Just the Beginning,” includes a statement from the joint Department of Energy-U.S. Dept. of […]

‘Look for unconventional energy options’

The Foreign Hand has featured some of the leading economists to bring you a flavour of the global economy. This week, Sunday ET spoke to Mattia Romani, senior economist, Royal Dutch Shell, the world economictimes

How investors will know a real rally’s on the way

An expanding economy, a record string of double-digit quarterly earnings increases, and historically low bond rates add up to a perfect formula for rising stock prices, right? Well, not so far this year. Through Friday’s close, the Wilshire 5000, the broadest of all market measures, had eked out only a 4.3 percent gain so far […]

Oil’s share of world energy demand forecast to decline over next 25 years

Oil’s share of world energy demand will decline over the next quarter century, the Energy Department said Tuesday, as high prices spur greater use of alternatives such as coal, natural gas and renewable fuels. “High prices do matter,” said Guy Caruso, administrator of the Energy Information Administration, a division of the Energy Department that released […]

World Bank Plan Still Favours “Clean” Fossil Fuels

A global energy plan to be released by the World Bank next month risks squandering scarce resources on so-called clean coal technologies and misses bigger investments in renewable energy, but does address gaps in the energy needs of the poor, according to a new analysis by an environmental group. In a brief analysis of the […]

Sinopec, Nippon Oil Buy From Africa, Russia to Cut OPEC Imports

China Petroleum & Chemical Corp., the nation’s biggest refiner, and Japan’s Nippon Oil Corp. are importing more oil from Africa and Russia as Asian nations try to reduce their dependence on Middle East crude. “Winston Churchill said energy security lies in diversity, and that very much applies today,” said Anthony Nunan, an oil trader in […]

The hungry planet

Food supplies are shrinking alarmingly around the globe, plunging the world into its greatest crisis for more than 30 years. New figures show that this year’s harvest will fail to produce enough to feed everyone on Earth, for the sixth time in the past seven years. Humanity has so far managed by eating its way […]

Driven By Oil

BBC – Stephen Leeb, founder of Leeb Capital Management Group and a long-time analyst on Wall Street, thinks so. “We have a president that says we’re addicted to oil, but doesn’t say that we don’t have enough oil to satisfy our addiction,” he says. “He really hasn’t alerted us to the fact that it’s a […]

Saudi Aramco In Deals For Local Supply Of 260 Wellheads

(Zawya Dow Jones)–Saudi Arabian Oil Co., or Aramco, said it has signed three agreements for the local production and inventory management of wellhead equipment, providing a boost to domestic manufacturing. The deal for about 260 wellheads was signed with global companies and their local partners, the company said in a statement on its Web site. […]

Debate swirls around fossil fuel

U.S. Rep. Tom Udall and others in Congress have positioned themselves at the center of an uncomfortable idea: Eventually the planet will run out of fossil fuels. Udall is pushing for open discussion of peak oil, the concept that world-oil production will someday reach an all-time high. After that, oil production will decline because there […]

The End of the Oil Era Looms

Oil, uranium, gold and platinum are more sought after than ever today. The search for natural resources is becoming increasingly difficult and prices are soaring. But future growth of the world economy depends on these natural resources — and some will soon disappear forever. Five minutes before he was scheduled to speak, leading geologist Marion […]

Make Room For Bikes On Rail Cars

Last month the State Bond Commission approved $459 million toward the largest purchase of rail cars in state history – 300 new M8s (with an option to purchase 80 more) from Kawasaki Rail Car Inc. and $25 million toward refurbishing existing rail cars. Initial delivery for new cars is due in 2009. The good news […]

Putin seeks to breathe life into stalled Balkan oil pipeline project

ATHENS (AFP) – Seeking to breathe life into an ambitious oil pipeline project stalled for 14 years, Russian President Vladimir Putin flies in to Athens on Monday for quick tripartite talks on the issue with Greek Prime Minister Costas Karamanlis and Bulgarian President Georgy Parvanov. The three leaders want to reanimate a frozen plan to […]

Fuel-Efficiency Drives Toyota Gains

Even as U.S. gasoline prices trickled downward in August, auto buyers continued shunning big trucks in favor of more fuel-efficient vehicles. The shift gave Toyota Motor Corp. its 15th straight month of year-over-year growth on the strength of its fuel-sipping fleet of small cars and utility vehicles, including gasoline-electric hybrids, industry data released Friday showed. […]

Tribal rebels bomb gas pipeline amid protests in Pakistan

QUETTA, Pakistan (AFP) – Tribal insurgents bombed a gas pipeline in southwestern Pakistan as tension continued over the killing of a rebel chieftain in a military operation, police said. “Miscreants detonated a bomb that blew up a pipeline and disrupted gas supplies to thousands of homes in Mastung and Qalat districts,” local police officer Hamid […]

Torture and Poverty Are Part of Life in Equatorial Guinea

It has the makings of a modern-day fairy tale, the story of a country transformed from a pariah state into an oil paradise. But the reality is that Equatorial Guinea, almost unnoticed by the rest of the world, is experiencing a modern-day tragedy, a story of the dark niches of global politics in times of […]

Russia faces humiliation at the hands of Tehran

Russia makes the most of being the world’s number one producer of natural gas, and second only to Saudi Arabia as a supplier of oil. However, though Saudi’s resources certainly make it strategically important, its political influence is limited nonetheless. Why should Russia be any different? In any case, is Russia capable of maximising the […]

Good times just keep rolling on for oil and gas workers

There is one sector of the labour industry where the rising costs of living do not seem to be able to shake – employees in the oil and gas industry. While people employed in other sectors have been forced to tighten their belts because of increases in expenditures brought about by rising prices, the good […]

Earth from Space: A green Siberia

Siberia is highlighted in this Envisat image acquired on 7 August 2006. An enormous area in north Asia, Siberia spreads from the Urals in the west to the Okhotsk Sea in the east, from the Arctic Ocean in the north to the borders of Kazakhstan, Mongolia and China in the south. Western Siberia, which has […]

Why fuss over Balochistan?

The post-Cold War period, together with the devastating events related to 9/11, have dragged resource-rich Balochistan province of Pakistan into the new ‘Great Game’, which is all about control of, and access to, the energy resources of Central Asia. Besides its crucial importance for Pakistan, because of its vast reservoirs of natural gas and oil, […]

Putin revives plan for Greek oil port

Russia’s President Vladimir Putin will meet in Athens next Monday [September 4] with Greek and Bulgarian officials for what the Kremlin describes as a session to focus on a proposed new crude oil pipeline to carry Russian crude oil from Burgas (Bulgaria) to a new tanker terminal at the Aegean port of Alexandropoulos. Transneft’s chief […]

Oil Companies Question Biofuel Timetable

Oil companies say introducing biofuels to New Zealand on a commercial scale in two years is going to be a big challenge. The Government has agreed in principal to the idea of requiring oil companies to include a certain percentage of cleaner, non-fossil fuels in their annual sales from 2008.Newswire

What status for Vietnam’s oil and gas reserves?

Vietnam’s oil output has been falling; last year the country’s crude oil output was around 370,000 barrel per day on average, a fall of nearly 10% (403,000 barrels/day) compared to 2004. The reduction of crude output in 2004-2005 was due to the reduced production at the White Tiger field (source: US Energy Department – EIA/DOE), […]

American Hiroshima

In a policy address of his own at Nebraska’s Offutt Air Force Base this week, Vice President Dick Cheney voiced the same theme. “This is not an enemy that can be ignored, or negotiated with, or appeased,” he said, “and every retreat by civilized nations is an invitation to further violence against us. Men who […]

Executive warns of energy disaster

The president and chief executive officer of one of the nation’s largest energy companies warned that the United States is heading toward “an energy train wreck” unless it immediately begins work on projects that will take years to finance and complete. Thomas Farrell, president and chief executive officer of Dominion, issued the warning Thursday to […]

Saudi Arabia’s moment of redemption?

Flush with cash from high oil prices, ascendant in its battle with homegrown jihadists, buoyed by a newly robust private sector and entry into the World Trade Organization, and led by a popular, reform-minded king, Saudi Arabia has sputtered to life. After the dark days of the 1990s, marked by stagnation, drift and policy paralysis, […]

Are we ready for a world without oil? Not a chance

So, it might be worth everyone’s while to have a read of The Oil Depletion Protocol, a just-published book by Californian Richard Heinberg, who has immersed himself in the frightening phenomenon of “peak oil.” Heinberg concludes we must start curtailing activities “enabled by this remarkable substance” that is oil. Now. In a coordinated fashion. A […]

Global warming: Scientists are more optimistic

World scientists have revised their doomsday scenario on climate change caused by global warming, the Weekend Australian reported. A draft report by the Intergovernmental Panel on Climate Change adjusts the projections of climate change that the panel made five years ago. Details of the draft report reveal that scientists now project a 3 degree Celsius […]

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