North Korea focusing on developing wind energy

North Korea’s top energy policy is to develop wind energy in a three-stage project planned out to 2020, the country’s officials said in an Asian conference earlier this month. They claimed they have turned to building hydraulic power stations after the construction of a light-water reactor promised by the international community was suspended.North Korea would […]

Sea reveals new source of energy

Scientists searching for exotic life forms living around seafloor methane seeps have also recovered chunks of frozen methane from along the edge of the continental shelf. Little is known about the methane hydrate deposits around New Zealand, but they are attracting increasing attention as a potential fuel source for hydrogen cells that could generate electricity […]

EU hedges its bets on energy saving

European Industry and Economy Ministers have ducked out of concrete commitments to cut energy waste at the EU Energy Council meeting. The Energy Council discussed a proposed target to reduce EU energy waste by 20 per cent by 2020 but did not commit to actually achieving it. Mary Taylor, Climate Campaigner for Friends Of The […]

Russia to boost crude oil thru pipelines

Russia has agreed to boost supplies of its crude via Ukrainian oil pipelines next year in a move that may further strengthen its position as the dominant energy supplier to European markets.The agreement, reached Thursday by the countries’ top energy officials in Moscow, may hamper Ukraine’s earlier commitments to start shipments of alternative Caspian Sea […]

OPEC’s rivals set to pump more oil in 2007

Producers outside OPEC may pump enough new oil next year to meet growth in world demand, unlike this year or in 2005, according to the International Energy Agency, as new fields come on stream. Even so, the IEA, an adviser to 26 industrialised countries, warns that supply can undershoot its estimate by 300,000 bpd to […]

China’s oil refining capability expanding to meet rising demand

With China’s auto market booming, the oil refining industry is falling over itself to boost capacity in coastal 3region.With the auto market booming, China’s consumption of gasoline is expected to reach 51 to 52 million tons this year and rise to 65 million tons in 2010, according to estimates. Despite all the projects currently in […]

China’s oil giants explore green fuels

China’s oil giants — normally in the news for their massive profits and international expansion — are making tentative moves into the green fuels sector. Earlier this month, China National Petroleum Corporation (CNPC), China’s largest oil producer, signed an agreement with the Sichuan provincial government to develop bio-fuel in the southwestern basin famous for its […]

2005 Another Record Year for Global Carbon Emissions

November 22, 2006 ENN FULL STORY 2005 Another Record Year for Global Carbon Emissions http://www.enn.com/net.html?id=1735 The United States, with less than 5 percent of the world’s population, accounts for 21 percent of carbon emissions. It is followed by China, which emits 18 percent. Other major contributors to global carbon emissions are Russia, Japan, India, Germany, […]

BARC’s new reactors to produce hydrogen

Mumbai-based Bhabha Atomic Research Centre (BARC) is designing two new reactors that will produce large quantities of hydrogen, which is increasingly being looked upon as a fuel option for combustible engines. Prototype versions of the Compact High Temperature Reactor (CHTR) and the Indian High Temperature Reactor (IHTR) are being developed. Both these reactors will have […]

Make your own gas

Sick and tired of soaring gas prices? Now you can build your own alternative fuel plant and set your own limits. It’s not as farfetched as it seems. Orlando-based Xenerga is offering entrepreneurs a chance to get their own biodiesel production franchise, which can produce fuel for use in any diesel engine. While no experience […]

Just fill your car with water and step on the gas

Motorists are set for a hydrogen boost next month when vehicles are fitted with an American device that splits hydrogen from water and uses it to boost the fuel supply. The hydrogen is injected into petrol or diesel engines to save fuel and reduce emissions, and vehicles will run for about 80 hours before needing […]

Shell Canada to spend $4-billion in 2007

Shell Canada Ltd. unveiled plans to hike its 2007 investments by 48 per cent to $4-billion, as it proceeds with the expansion of its vast oil sands project in Northern Alberta. theglobeandmail

Ask the experts: Averting climate change

Europeans are overwhelmingly convinced that human activity is contributing to global warming, and a majority would be prepared to accept restrictions on their lifestyle to combat it, according to a poll for the Financial Times. Fly less, pay more: what are individuals really prepared to do to prevent climate change, and how effective are these […]

Ethanol Drives Up Food Commodity Prices

Global ethanol production is driving up prices for food commodities, from feed stocks such as sugar, to meat, said Datagro, Brazil’s biggest sugar-industry forecasting firm. U.S. production, forecast to increase more than 70 percent by 2012, will use 37 percent of the country’s current corn supply to meet output needs, up 15 percent from 2006, […]

Christmas Eve 2050: Q&A

Q: Does the plant use solar cells? A: Good lord, no Q: Wow. What

Head for the hills – the new survivalists

So what do you do when you’re pretty sure that the end of the world as we know it is coming soon, but your girlfriend doesn’t believe you? Sure, she might nod her head when you confront her with some of the gloomier facts, but then she shrugs and goes back to her pursuit of […]

Hostage killed in Nigeria rescue try

PORT HARCOURT, Nigeria – One of seven foreign oil workers taken hostage Wednesday was killed and another was wounded during a rescue attempt that also left two kidnappers and a soldier dead, officials said. Gunmen had seized the seven hostages from a supply vessel belonging to a subsidiary of Italian oil giant Eni SpA about […]

London blazes anti-pollution trail with vehicle congestion charge

LONDON (AFP) – London is blazing a trail for the world’s cities by slapping “congestion” charges on vehicles to reduce traffic, curb air pollution and fight global warming, environmentalists say. The US west coast city of San Francisco and Sweden’s capital Stockholm are jumping on the bandwagon set in motion by London Mayor Ken Livingstone […]

Iraq, reversing course, to keep U.N. oil watchdog

UNITED NATIONS (Reuters) – Iraq has decided to keep alive for another year a U.N. watchdog to monitor the use of its oil wealth, reversing course just weeks after announcing the agency would be abolished, officials said on Wednesday. The decision to resuscitate the International Advisory and Monitoring Board was made at the request of […]

Indonesian pipeline blast kills 8, mud flow blamed

SIDOARJO, Indonesia (Reuters) – Indonesia blamed an uncontrolled mud flow on Thursday for a gas pipeline explosion that killed at least seven people and injured 12 on Java island. The late Wednesday blast — which disrupted gas operations in the area — occurred near the city of Surabaya in a part of the state-owned Pertamina […]

Pupils Evacuated After Warning at Nuclear Plant

In the first nuclear-related evacuation since the Three Mile Island accident of 1979, a Tennessee school district sent all 1,800 pupils home on Tuesday morning because operators at a nearby nuclear reactor believed they might have had a leak of radioactive cooling water inside the plant. The operators, at the Watts Bar Nuclear Plant, owned […]

Gold, Uranium, Base Metals and Oil Are Heading Much Higher

TAYLOR: …But recently there was a major oil discovery at great depth off the coast of Mexico. Isn TAYLOR: And might there be technical problems not foreseen yet when bringing oil up from those great depths? BERRY: Indeed. All you have to do is look at the vagaries of weather. We didn

Possible Delay of Shutting down NPP Kozloduy

SOFIA – The Foreign Commission of the European Parliament (EP) has voted The text also says that Bulgaria and other European countries are threatened by an energy crisis and an increasing dependence on Russia in the next years. When the texts were voted one by one, a paragraph was dropped off. It read that the […]

Putin Snubs Calls to Hike Gas Price

President Vladimir Putin took his government to task Wednesday for its poor handling of power shortfalls. But he stopped short of acting on the advice of top officials to jack up the price of natural gas to avert a mounting energy crisis. “If everything had been done as needed, there would be no breakdowns, and […]

India: Oil & gas explorers face talent crunch

Retaining talent in the exploration and production (E&P) segment has become one of the most challenging tasks in the oil and gas business. The problem has aggravated with the surge in interest among global oil and gas majors in India following major hydrocarbon discoveries in the past four years.India’s largest private sector explorer, Reliance Industries […]

Fund turns away from palm oil

Johan Tazrin Ngo at Kenanga Investment Management, whose funds got a lift from palm oil producers, is moving to cash because he expects a slowdown to affect Malaysia.Ngo has profited from expectations of increasing demand for biofuels, which drove up the price of palm oil last year and shares of palm oil producers. Yet he […]

Researchers gaze at cloud formations

“Here we show, to our best knowledge for the first time, that the small ice particles are not completely solid, as is usually believed, but rather coated with a sulfuric acid/water overlayer,” the researchers said. The coating reduces the rate at which ice particles grow and remove water vapor — a key greenhouse gas — […]

Energy waste boosts data centre costs

The UK is heading towards energy shortages because of companies’ burgeoning use of IT, according to new research yesterday that called on companies to install lower-power technology to save money and the planet. An average UK data-centre uses more power in a year than the city of Leicester, according to the Power and Cooling Survey […]

Oil prices about to rise, energy expert warns

Consumers who have been feeling warm and fuzzy about falling oil prices had better brace themselves for a blast of cold air, according to one of Canada’s leading oil and natural gas authorities. Josef Schachter, president and chief investment officer of Calgary-based Schachter Asset Management Inc., said the recent swoon in oil and natural gas […]

Commodity Strategists: Oil Prices May Fall 9% in ‘07

U.S. crude oil prices may fall as much as 9 percent next year as global supply rebounds, outpacing growth in demand, CFC Seymour Ltd. said. West Texas Intermediate, the U.S. benchmark crude variety, may average $62-$63 a barrel next year, down from a forecast average of $67-$68 this year, CFC Seymour said in a presentation. […]

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