Decline in Gas Prices Isn

DETROIT, Sept. 22 For now, that may be wishful thinking, according to many dealers and auto executives.

Gazprom considering Shtokman exports to Europe

COMPIEGNE, France (Reuters) – Russia assured France and Germany on Saturday it was a reliable energy supplier to European consumers and said Gazprom was considering exporting gas from its Shtokman field toward Europe. Most of the gas the giant Russian monopoly wants to pump from the field, which lies under the Barents Sea 342 miles […]

Rebels blow up gas pipeline in southwest Pakistan

QUETTA, Pakistan (AFP) – Insurgents blew up a natural gas pipeline in the restive southwestern Pakistani province of Baluchistan, cutting supply to thousand of homes, police said. There were no casualties when the pipeline, which supplied gas to suburban areas of Quetta, the capital of Baluchistan, was hit by explosives late Saturday, police official Mohammad […]

Clinton raises billions for world issues

NEW YORK – A conference hosted by Bill Clinton on world problems ended Friday with the former president announcing a total of $7.3 billion in pledges to help reduce global warming and fight Third World poverty, disease and ethnic strife. The three-day Clinton Global Initiative, which attracted world leaders, corporate titans and celebrities, produced at […]

Price falls on US economic concerns

Oil prices followed US stocks lower on Friday as slowing economic growth raised fears demand could falter for the world’s biggest energy consumer. nzherald

N. Korea speeds up nuclear bomb plan

A senior North Korean official said his country plans to unload fuel rods from its nuclear reactor and “reprocess the fuel into plutonium to make nuclear weapons” as a way to leverage a return to bilateral talks with the United States, American scholar Selig Harrison told reporters at a Beijing news conference Saturday. cnn

Who’s killing the fuel cell?

The race to market the first hydrogen fuel-cell car is speeding up, so why is General Motors slowing down? Andrew English reports from the driving seat of the new GM Sequel Lutz blames the American government for GM’s disenchantment with its world-beating fuel cell. “The US government is dragging its feet over the hydrogen infrastructure,” […]

Staking a future on fossil fuels

B.C.’s fossil fuel resources are, as yet, largely untapped — Alberta’s thriving oilsands projects have obscured the fact that production of conventional natural gas is past its peak in that province and is now in a permanent state of decline. Meanwhile, gas exploration companies will invest an estimated $4.5 billion in 2006 in development of […]

Oil crunch

Last September, a Chronicle editorial warned that global oil production would peak in this decade or the next, and then inexorably decline. Given that likelihood, the United States would have to embark on a crash program to develop alternative energy sources or endure crippling increases in the price of energy. Last week, a study performed […]

Putin assures Europe over gas supply

President Vladimir Putin sought to reassure France and Germany on Saturday they had nothing to fear from Russia dawn

Microreactors Change Propane into Hydrogen

“Microreactors have already been used for on-site reforming of fuels, such as methanol or propane, to produce hydrogen to be used in fuel cells. Now, researchers at the University of Illinois at Urbana-Champaign (UIUC) have designed very efficient ceramic microreactors to do this task. slashdota>

Business Analysis: Oil’s big beasts dive for cover

Not so long ago, it was the best of times to be an oil company. There may have been the dark cloud of environmental issues, but that alone could not dent the cheerful corporate mood. Demand was high, prices were soaring and profits gushed. Yet last week demonstrated just how much tougher things are getting […]

The Build Up To World War III Begins in Shanghai!

The trouble is China, Russia and many of the world mathaba

Oilsands: at what price progress?

…on the surface, millions of cubic metres of river water, thick with toxic by-products like naphthenic acid, bubble and build in the ponds, never to be returned.

According to the U.S. Department of the Interior, Syncrude’s dam, which holds back nearly three decades of waste water, is the second-largest on Earth after the Three Gorges Dam in China.

Toronto Star

Get ready for oil supplies to dwindle, experts warn

Some observers predict a social and economic meltdown as severe as the Great Depression Crude oil makes Kjell Aleklett think about wild strawberries. Aleklett, a Swedish professor of physics, sees inescapable similarities between the steady depletion of the world’s most coveted energy source and the foraging habits of berry afficionados. “In Sweden we have strawberry […]

Nigeria to Pull Shell Ogoni License

The Nigerian government will revoke Royal Dutch Shell PLC’s (RDSB.LN) oil license in the country’s Ogoniland, although the timing hasn’t been officially set, a Nigerian oil official said Friday. “We are going to revoke Shell’s license to operate in Ogoniland,” Bamibele Ogedenjbe, an assistant director at the Nigeria Department of Petroleum Resources, told reporters on […]

Alberta Expects $111M Extra from Cancelling Royalty Tax Credit Program

Alberta expects to gain a further $111 million by ending a 32-year-old royalty tax credit program to energy companies. Energy Minister Greg Melchin says it’s time for the program to go because oil and natural gas prices are trading at much higher prices than historical averages. Speaking in Calgary, Melchin said the change better reflects […]

Japanese makers give ethanol a gander

While Detroit ballyhoos ethanol, Japanese automakers are quietly positioning themselves in case the gasoline alternative becomes more popular. Nissan just introduced its second flex-fuel vehicle capable of burning either E85 ethanol or gas. Toyota says it is studying “very seriously” whether to ready its first flex-fuel entry. Honda has announced it has found a breakthrough […]

Silicon Valley explores solar technology

SAN JOSE, Calif. – As demand for clean energy rises around the world, the nation’s high-tech hub is looking to squeeze more money out of silicon. Engineers and entrepreneurs in Silicon Valley are taking advantage of their expertise in computer chips to design and manufacture electricity-generating solar cells that they hope will be increasingly competitive […]

Hard choices for governor: 2 new bills on warming

Sacramento — After cutting a deal with Democrats on historic legislation to cap greenhouse gas emissions in California, Gov. Arnold Schwarzenegger faces decisions this month on two other bills that could dramatically reduce pollution from the auto and energy industries — the state’s two largest contributors to global warming. With much less fanfare than for […]

India faces China, SKorea in race for Myanmar gas

India is pitted against China, South Korea and Thailand in the race to secure the huge gas found in offshore Myanmar. While India, China and Thailand have proposed to lay pipelines to their respective countries for transporting gas from the Shwe gasfield in Bay of Bengal, South Korea has proposed to liquefy it and transport […]

U.S. doubts Moscow on energy

The State Department yesterday sharply criticized a recent move by the Russian government to curb a major Western oil-and-gas-investment project in Siberia, saying it put in doubt Moscow’s willingness to honor major energy deals with foreign investors. Spokesman Tom Casey said the Bush administration was “very concerned” by a Russian government move earlier this week […]

(How can we already be) looking at the end of the age of oil and abundant energy

We must conclude that alternative energies, overall, don’t “make the grade,” although they will have roles to play on a local basis if they’re renewable and there’s excess land not needed for food or ecological restoration. In my travels I’m called upon to answer difficult questions on energy supply and how today’s complacent U.S. population […]

UK Spent Billions Keeping Cool this Summer

The long, hot summer was not without cost this year as overheated Britons spent an estimated 5 billion pounds trying to keep cool, according to a survey on Thursday. “The Cost of Cool” also found people had to pay out for increased energy consumption, including washing clothes and themselves more often. Investing and running air-conditioning […]

Opec calls for green solutions to reduce emissions from oil

OPEC called for the use of advanced technology that reduces carbon dioxide emissions to ensure a cleaner environment and the safe use of oil and natural gas to foster global development. “There is a need to focus on technological options that allow the continued use of oil in a carbon-constrained world,” Opec director of research […]

IT will lower China’s energy consumption

China’s current economic growth mode must be converted to an energy-efficient one in the shortest possible time frame, since the robust economic development of the past few years has been achieved with a disproportionately high consumption of resources, energy and deterioration of the natural environment. The new industrial production mode with low resource consumption and […]

EU Commission proposes to extend energy crop aid scheme

The European Commission today proposed to extend the energy crop premium introduced by the 2003 Common Agricultural Policy reform to the eight Member States which currently do not benefit from it. This would involve increasing the maximum area which can benefit from the aid to 2 million hectares from 1.5 million at present. In a […]

Experts look for the floor on oil prices

An oil economist who accurately predicted two years ago that oil would reach $70 a barrel has reversed course, saying recent steep declines could foreshadow a sell-off to $20 or less. “Nobody in the government sector who thinks about policy thinks it can happen. That’s the greatest danger,” said Philip Verleger, an independent economist who […]

World’s Largest Alternative Fuel Car & Transportation Show

The City of Santa Monica announced today it will sponsor and host the most comprehensive, technologically advanced exposition of alternative fuel and high MPG vehicles ever held. AltCar Expo, specifically designed for the public, will take place on December 9 and 10, 2006. Admission to the Expo, as well as a wide-ranging selection of seminars […]

China May Face Methanol Glut by 2009

China’s petrochemical industry may face a surplus of methanol by 2009, as the number of producers more than triple and their production capacity surge 12-fold from 2005, the Securities Times reported. China will have 88 methanol producers with the capacity to churn out 48.5 million tons of the material a year by 2009, compared with […]

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