by Ben Bova Be careful drinking your next glass of water. You I
WASHINGTON – The Supreme Court hears arguments this week in a case that could determine whether the Bush administration must change course in how it deals with the threat of global warming. A dozen states as well as environmental groups and large cities are trying to convince the court that the Environmental Protection Agency must […]
Algiers: A tax on windfall foreign oil company profits could earn Algeria $1 billion in 2007, a move that is both fair and politically necessary in view of high prices, the country told energy multinationals. Energy and Mines Minister Chakib Khelil told a candid open meeting with foreign executives and reporters the government had decided […]
The findings support a conclusion reached by many motorists. Fifty-five percent of Americans believe that gas prices are high because oil companies manipulate them, a Pew Research Center poll found in October.
The oil business has been a profitable one. The six biggest refiners had $400 billion in profits since 2001, according to Public Citizen, a consumer group, and corporate reports.
“Both countries have in-principle agreed to work out a mechanism to bid jointly for oil and gas properties in Africa and Latin America. Indian and Chinese flagship companies will pool resources together to form a special purpose vehicle or a joint venture company to scout for assets in third countries,” a source said.
Insurgency is profitable, and may even be providing funds for terrorist activity outside Iraq BAGHDAD, Nov. 25 The report offers little hope that much can be done, at least soon, to choke off insurgent revenues. For one thing, it acknowledges how little the American authorities in Iraq know
Let’s get real here. After quadrupling the amount of energy produced by wind turbines in this country over the past six years, America’s now getting a whopping 1 percent of its energy from wind power – about 10,000 megawatts. That power is more expensive and less reliable than electricity from coal-fired generating plants, which offer […]
The European Union should be “on guard” about Gazprom’s cooperation deal with Algeria’s Sonatrach because it cannot take security of supply for granted, Energy Commissioner Andris Piebalgs said on Sunday. The 25-nation bloc, which relies on the Russian gas monopoly for a quarter of its supply, is sensitive to its dependence on foreign energy providers. […]
The main purpose of promoting biofuels for vehicles is to help prevent global warming, rather than shoring up the nation’s agricultural industry. Unfortunately, this fact seems to have slipped the minds of some government officials. The Agriculture, Forestry and Fisheries Ministry aims to increase in about 15 years the annual domestic production of bioethanol–ethanol made […]
To ensure there’s enough corn to fuel humans as well as vehicles, scientists are urging more research into boosting corn yields and improving ethanol production. Many issues related to expanding the nation’s ethanol industry aren’t being studied under government programs, said Kenneth G. Cassman, director of the Nebraska Center for Energy Sciences at the University […]
It was by any measure a remarkable protest. More than 800 Achuar tribespeople from the borders of Peru and Ecuador, headed by their traditional leaders with their red and yellow feathered headdresses, arrived last month by the boatload in the twilight hours at four oil wells in the middle of the Amazonian rainforest. Their faces […]
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The Government is set to delay the planned multi-billion-pound sale of its stake in British Energy until 2008 at the earliest. The recent slump in British Energy’s share price, caused mainly by problems with its ageing nuclear reactors, has led to the Government’s decision to postpone the sale of part of its 65 per cent […]
EU leaders meeting in Finland last month promised to step up the action on climate change and called on the European Commission to lead this policy process. The International Energy Agency’s World Energy Outlook for 2006, (published on 7 November) shows that there is a credible alternative to ‘business as usual’. Germany, which takes over […]
According to the International Energy Agency, producers outside Opec may pump enough new oil next year to meet growth in world demand as production from the Caspian, Africa and North America will rise, Agencies reported. menafn
You have to admire his timing. Just before Russian President Vladimir Putin left for the Asia-Pacific Economic Cooperation (APEC) annual meeting in Hanoi this month, he sent out a strong warning to the world leaders he expected to meet there. In Moscow, Putin warned China and the United States that he was drawing on Russia’s […]
Nigeria, Russia and Venezuela are among major oil producers that have yet to fully comply with global oil database JODI, set up to increase transparency in energy markets, its coordinator said yesterday. Saudi Arabia was among several exporting nations that earned top marks from the Joint Oil Data Initiative (www.jodidata.org) up to June 2006, the […]
Saudi Oil Minister Ali bin Ibrahim Al Nuaimi said yesterday Opec would cut oil output again when it meets in December if recent supply curbs failed to balance the market. Oil prices were not a decisive factor, said the oil minister of the world thepeninsulaqatar
Nissan Motor plans to put lightweight, subcompact electric cars powered by lithium-ion batteries developed in-house on the market in three years, according to the Nihon Keizai Shimbun. greencarcongress
Environmental Finance. In a speech at the London School of Economics on Tuesday, US Senator Jeff Bingaman (D-NM) warned that the US will not be able to take sufficient action to curb its greenhouse gas (GHG) emissions within the timeframe scientists say is necessary. greencarcongress
Sparked by aggressive ethanol mandates by the government, the debate over whether the United States can produce enough corn to meet the demand for both food and fuel continues to grow. As American farmers grapple with the reality of the demands that these goals place on production, they have often been met with heightened negative […]
A natural gas-powered Des Moines facility would release 92 percent less carbon dioxide, firm says. A new report by researchers of an Ames company shows that coal-powered ethanol plants release as much as 92 percent more carbon dioxide than those powered by natural gas. Carbon dioxide is the gas that scientists most frequently blame for […]
CARACAS, Venezuela (Reuters) – Venezuelan state oil company PDVSA said on Saturday an “operational event,” which witnesses said was an explosion, had affected a unit of the 640,000 barrel per day (bpd) Amuay refinery. Three witnesses in the area of the refinery told Reuters on Saturday they felt and heard an explosion on Friday night. […]
Remember a few months ago when gasoline was selling for $3 a gallon and everyone was talking about ethanol and biodiesel? It’s funny, isn’t it, that gasoline prices started coming down and the talk about alternative fuels went away. This week, gasoline has been selling for $2.20 to $2.30 a gallon in the Huntington area, […]
“Sustainability” is the new green buzzword – the rallying cry of a groundswell of people across the globe concerned about the viability of our planet, both in the near future and for generations to come. In 1987 a report from the United Nations’ World Commission on Environment and Development defined a sustainable society as one […]
U.K. – CONGESTION charging will be disastrous for Yorkshire unless the Government pays for alternatives to driving to work, a council leader warned yesterday. Leeds Council leader Mark Harris said people would be forced to move to areas with better public transport or the region burdened with another tax The Supertram was axed by the […]
The historians and journalists who have written about the Arabian American Oil Company in years past have generally told the same story: It
The pressing question for anyone contemplating their fate in a post-heated, post-peak oil world is “How am I going to live?” Answers to this question arrive at the realization that directly meeting everyday needs will be essential, instead of relying on our profoundly indirect and abstract support systems currently in place. A person’s home will […]
Toshiba has developed a printer that uses plastic “paper” that can be re-used hundreds of times. The electronics firm said the printer could help companies reduce carbon emissions as it helped to cut the amount of paper they consume. Toshiba said the machine was designed for businesses and could find a home in many niche […]
Households and the business environment in Guinea, Senegal and The Gambia are increasingly plagued by frequent power outages, to such a degree that it has become a top political issue. Now, technicians from the Gambia River Basin Development Organisation, OMVG, promise that a “final solution” to the regional energy crisis is in sight. The OMVG […]
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