Chavez drives a hard bargain, but Big Oil’s options are limited

Tigre, Venezuela — On the hot, shrub-covered plains around this dusty, dingy town, an odd courtship is being carried out between the world’s most prominent revolutionary and the world’s biggest oil companies. Just as there is no love between President Hugo Chavez and the Bush administration, there is little love lost between Chavez and the […]

Oil prices drop below $60 a barrel

LONDON – Oil prices fell below $60 a barrel on Monday amid signs of growing petroleum inventories and after BP PLC said it had permission to restart the eastern half of Alaska’s Prudhoe Bay oil field. “Hedge funds and investors have been bailing out because geopolitical tensions have eased and they also realize that inventories […]

Nuclear power pushed for oil sands production

Reliance on natural gas as heating source is industry’s Achilles heel: Swedish group OTTAWA Writing in the influential European journal Energy Policy last month, the analysts for the Uppsala Hydrocarbon Depletion Study Group warned that the world should not count on Canada’s massive oil sands deposits to meet future demand growth. “While the theoretical future […]

Villepin calls for ‘patriotic’ EU energy policy

Speaking at the Bertelsmann Foundation on 22 September, Dominique de Villepin outlined his vision of a European energy policy based on “three pillars”: A European energy diplomacy led by a special representative so that Europe “speaks with one voice” on the international scene; the “convergence of national energy policies” in terms of production, investment, transport […]

China’s Fierce Kyoto Rules Irk Foreign Investors

Unhappiest of all are the wind power producers, who under Chinese law can set up wholly foreign-owned wind farms but say they are forced into joint ventures because the power tariff systems make them unprofitable without an emissions sideline. “If you want a project you need a Chinese partner, which means you are handing over […]

Korea Needs to Prepare for Global LNG War

With Korea’s relatively fast-growing economy and large industrial base, LNG imports are expected to rise dramatically over the next many years. But where does LNG come from, and how does Korea protect its access to future LNG imports? Korea Gas Corporation (KOGAS) is the principal importer of LNG into Korea and is the world’s largest […]

Putin Calls for Changes in European Energy Charter

Russian President Vladimir Putin, who was meeting with his European counterparts over the weekend, said on Saturday, Sept. 23, that the European Energy Charter Treaty should be amended or a new document should be drafted. He said in its present form the treaty harmed Russian interests.MosNews

Biofuels to survive lower crude prices – official

Bio-diesel projects will not be hit by the fall in crude oil prices as investors feel the current dip is temporary and prices will bounce back, a senior Indonesian trade official said on Monday. “Even if crude oil prices go down for a while, people believe after one or two years they will again go […]

Iran and Turkey Prepare for War in Iraqi Kurdistan

A new Middle East war is in the offing. DEBKAfile wn

GM developing home hydrogen refueling device

General Motors is building a prototype for a home hydrogen refueling unit in hope of selling fuel-cell cars by 2011. The unit, which would make hydrogen using either electricity or sunlight, would help sidestep one of the most vexing problems surrounding the creation of the pollution-free, alternative-power cars: how to persuade oil companies to invest […]

Terrorism and the West

The war of civilizations was declared a long time ago. The darkness of Islamic fundamentalism is advancing against Democracy. It is time for our leaders to realize that they are responsible for the lives of their citizens, as well as their own families. The corrupt practice of self-enrichment by politicians and big Western business is […]

Global Warming Experts Consider Accelerated Greenhouse Effect

A current international scientific symposium is being conducted at the University of Leicester regarding global change in Siberia and its effects. Around 30 international experts will discuss topics including: new modeling and imaging technology, changes in snow and water cycling, expected shifts in tree species as a result of climate change, new Greenhouse Gas Accounting […]

LLNL Licenses Carbon Aerogel for Hydrogen Production

The Regents of the University of California, under its US Department of Energy (DOE) contract to manage and operate Lawrence Livermore National Laboratory, have licensed the rights to manufacture and to market carbon aerogel worldwide to CDT Systems except for capacitor fields of use. The LLNL license greencarcongress

Giant Polynya Opens in Beaufort Sea

A giant polynya greencarcongress

Honda Plans Clean Diesel, Fuel-Cell Car in 3 Years

Honda Motor Co., vying with Toyota Motor Corp. for buyers of fuel-efficient autos, aims to leapfrog rivals by introducing the world’s cleanest diesel car and a fuel-cell-powered sports car within three years. bloomberg

Gas/Coal to Oil

You are going to hear a lot about gas/coal to liquids technology in Australia in coming years and it could very well end up supplanting the likes of ethanol and biodiesel as a source of energy in competition with oil. yahoo

Indonesia: Plant power can solve fuel problem

Jakarta plans to make at least five million hectares (12 million acres) of former forest land available for palm oil, jatropha, sugarcane and cassava plantations in a bid to create jobs for up to three million people. The government hopes that biofuels will supply 10 per cent of Indonesia’s transport and electricity fuel needs by […]

Dividing Iraq Would Just Mean More Threats

Prominent experts have begun to argue that dividing Iraq into three parts — Sunni, Shiite and Kurd — is more viable than trying to build a single, central Iraqi state. They reason that the only solution to sectarian violence is for Sunnis and Shiites to live apart. The Kurds, they argue, have demonstrated their ability […]

Opec supply down in September

Oil supplies from the Organization of Petroleum Exporting Countries (Opec) fell 400,000 barrels a day on the month to 30.2 million bpd in September, according to preliminary figures from tanker tracker Petrologistics. Saudi Arabia and Iran led the fall in output. Petrologistics head Conrad Gerber said the kingdom produced 9.05 million bpd in September compared […]

Russia sets the pace in energy race

Speaking at a conference under the rubric “Summit on Energy Security” at West Lafayette, Indiana, this month, the powerful chairman of the US Senate Foreign Relations Committee, Richard Lugar, characterized Venezuela, Iran and Russia as “adversarial regimes” that were using energy supplies as “leverage” in foreign policy. Lugar said: “We are used to thinking in […]

Alaska glaciers melt faster than thought

Most of the glaciers stretching from Yakutat Bay to the Stikine Icefield, which goes into northwestern British Columbia, are thinning at twice the rate that was previously estimated, according to a new study co-authored by Hood’s mentor, glaciologist Roman Motyka of the University of Alaska Fairbanks’ Geophysical Institute. The scientists calculated that an average of […]

Boom Times For Megaprojects

From the Persian Gulf to the Gulf of Mexico, huge engineering and construction companies are reaping the bonanza of the run-up in oil and natural gas prices over the past four years. Much of the money that left consumers’ pockets is flowing now into steel and concrete-megaprojects to deliver more gasoline, natural gas, and electricity […]

China needs advanced tech to help conserve energy

At present, China’s energy consumption per unit of GDP is much higher than that of America and Japan. But this also means we have a greater potential ability to make progress in energy saving. If China can successfully adopt the advanced US energy technologies now available on the market, we will be able to make […]

Oilsands turn to nuclear

[Two Canadian energy executives — one the head of Alberta’s largest power generation firm — say nuclear power must be considered as a key part of North America’s electrical energy future. Moreover, Bruce Power LP president/CEO Duncan Hawthorne said political and economic conditions, as well as business sentiment in Alberta are moving in favour of […]

Wall Street capital to change the face of ethanol

John Pappajohn is planning an investment project that could dramatically change parts of rural Iowa where farmer-owned ethanol plants are located. Iowa’s premier venture capitalist wants to raise an estimated $800 million from Wall Street to create an Iowa-based company, called Renewable Energy Plus, that would acquire up to 10 existing farmer-owned ethanol plants. Des […]

US uranium mills await resurrection

The Nuclear Regulatory Commission says U.S. utilities are looking at building as many as 27 reactors, and it just licensed a $1.5 billion uranium enrichment plant near Eunice, N.M., where a groundbreaking was held Aug. 29. The nation’s 103 operating nuclear power plants already are operating on dwindling stockpiles of uranium — some of it […]

Disintegration of iconic Big Three US automakers accelerates

In a city struggling to deal with the slow disintegration of the iconic General Motors and Ford, Chrysler was the shining star whose bold designs could beat out the Asian competition. That star fell to earth last week with the announcement of major production cuts amid a sharp drop in demand for the trucks, minivans […]

Biofuel demand to drive global palm, soy prices

Palm and soy oil prices are expected to rise in coming months as the world’s appetite for “green” fuel grows and a greater quantity of oils is diverted to meet energy demand, a top industry analyst said on Sunday. Biofuel plants are sprouting at a dizzying pace as nations from Europe to Asia seek ways […]

Oil Scene

An engrossing, encompassing and interesting debate is raging and the entire energy fraternity is passionately involved. Proponents and the opponents of the peak oil theory are out in open And when Jum’ah says something he speaks with a sense of authority and responsibility. After all he is the caretaker of the world’s largest crude reserve. […]

Branson made green pledge under pressure from Gore, Turner

LONDON (AFP) – Businessman Richard Branson made a multi-billion-dollar pledge to fight global warming under pressure from US media mogul Ted Turner and former vice-president Al Gore. He told the Independent on Sunday that global warming was approaching “a tipping point” and Turner and Gore had convinced him it was time to act. “We just […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy