The Peak Oil Crisis: The Council of Governments Starts Planning

The Metropolitan Washington Area Council of Governments (COG) recently released its 2006 Strategic Energy Plan. Reports like this of course are lengthy fcnp

Iran and China’s CNOOC Sign $16 Billion Gas Deal

Iran and China’s CNOOC Sign $16 Billion Gas Deal by Sally Jones Dow Jones Newswires Wednesday, December 20, 2006 LONDON, Dec 20, 2006 (Dow Jones Newswires) The Iranian government and China’s biggest offshore oil producer, CNOOC Ltd. (0883.HK), have signed a $16-billion natural gas deal, Iranian news agency Mehr reported Wednesday. Mehr, citing Chinese news […]

Russia threatens to cut off gas supplies

Russia’s state-controlled natural gas monopoly threatened to cut off supplies to Georgia if it does not agree to a 125 percent increase in the price of gas imports, a company official said Wednesday. businessweek

Report discusses realities and possible framework to combat global warming

The WEO’s Beyond Alternative Policy Scenario (BAPS) case showed how CO2 emissions could be cut by 8 gigatons (Gt) more than in its Alternative Policy Scenario. Four-fifths of the energy and emissions savings in the BAPS Case come from three main categories: demand-side policies, fuel switching to nuclear and renewables in the power sector, and […]

Iraqis in tentative oil law deal

Iraqi officials have reached a tentative deal on an oil law that would allow the regions to negotiate oilfield contracts with foreign investors but gives the central government the final say. Iraq desperately needs foreign investment to revive its shattered economy, which relies heavily on oil export revenues. The country straddles the world’s third largest […]

China Halts Expansion of Corn Ethanol Industry; Focus on Biomass Feedstocks

China has suspended further expansion of its corn ethanol industry in order to halt a rapid increase in corn prices, which climbed almost 5% in November. The National Development and Reform Commission (NDRC) has ordered local governments to stop approving new projects that process corn for industrial uses, to use non-grain feedstocks to produce biofuels […]

Cuba’s strange path

Cuba has become the poster child for a transition away from an agricultural economy based on fossil fuel inputs and for a society focused on self-sufficiency. Strangely, it may owe much of its success in this regard to its relative backwardness and its isolation from the world community. The implications for so-called modern industrial countries […]

Markets have ‘clean energy fever ‘

Renewable energy investment worldwide could hit $100 billion in 2006. That’s great for the industry, but watch out for market corrections on the horizon. Sam Eaton reports. publicradio

VW Preps Hi-Temp Fuel Cell

Volkswagen has announced that it is in the process of developing the first prototypes with high-temperature fuel cells and will begin trials of the vehicles in 2009. The remarks were made on Wednesday as VW laid out its future engine strategy. “The first production vehicles, based on current forecasts, will not arrive on the market […]

Tories announce $345-million biofuel plan; hope to boost environmental image

The federal government has announced a $345-million funding and regulatory package to promote renewable fuels such as biodiesel and ethanol as part of its clean air plan. Environment Minister Rona Ambrose said the government will require renewable content of five per cent in gasoline by 2010, and two per cent renewable content in diesel fuel […]

The Oil Drum: Angola Joins OPEC

The news is official Much more after the jump to The Oil Drum.

Feds withdraw rare wildflower proposal

SALT LAKE CITY – The U.S. Fish and Wildlife Service on Tuesday withdrew its proposal to list as threatened a wildflower that grows only in areas of Utah and Colorado where oil shale and tar sand exploration are being done. The decision prompted environmental groups who have fought for the listing of the Graham’s penstemon […]

Is There A Synthetic Fuel In Your Future?

…As wider unrest threatens traditional petroleum resources in the Middle East and as industry observers disagree on whether “peak oil” has been reached, the U.S. military is moving forward with plans for half of its turbine fuel to be synthetically derived by the next decade. The next research phase for the new fuel will be […]

Could Spot Uranium Prices Reach $100/pound?

Energy Guru Bill Powers Forecasts Uranium Shortfall in Three Years. Bill Powers focuses on investment opportunities in the Canadian energy sector, mainly independent oil & gas companies and now uranium companies. We talked with him and he thinks uranium could reach $100/pound this decade… Bill Powers: I feel the uranium market right now is the […]

Georgia claims energy crisis ‘over’

A recent agreement signed with Azerbaijan and Turkey appears to have lessened Georgia “There is no energy crisis any longer,” he said. But despite the prime minister

Wind On The Line

Idaho Power wrangles with wind farms Despite the potential of wind as an alternate energy source for Idaho, a recent proposal by Idaho Power Company makes some wind developer plans seem quixotic at best. The state’s largest utility wants some of the windmill wild-catters to pay for power grid upgrades to transmission lines and then […]

Approaching the Year’s End

TURKEY – A Russian based natural gas crisis made its imprint on the final days of last year and the first days of this year. As you will remember, this crisis began with the shut-down of natural gas Russia was supplying to the Ukraine; the crisis affected not only the Ukraine, but Europe and Turkey […]

Some European birds delay migration due to warmth

OSLO (Reuters) – Some European birds have failed to fly south for the winter, apparently lured to stay by weeks of mild weather that experts widely link to global warming. Birds including robins, thrushes and ducks that would normally fly south from Scandinavia, for instance, have been seen in December — long after snow usually […]

Chevy to the Levee, but the Levee is Dry

You might assume that all members of OPEC, a cartel that supplies nearly a third of the world’s crude, would be a net oil exporter. But unfortunately for Indonesia, this isn’t the case. According to BP Migas, an upstream oil and gas executing body in Indonesia, daily oil production is currently 200,000 barrels short of […]

China to limit use of grains for biofuels amid renewed worries over supply

SHANGHAI, China: China will restrict the use of corn and other edible grains for producing biofuel, state media reports said Monday, noting concerns over surging prices despite expectations for yet another bumper harvest. “We have a principle with regard to biofuel: it should neither impact the people’s grain consumption, nor should it compete with grain […]

The end of Dollar supremacy

The Iranian government has finally developed a new weapon that can destroy the financial system underpinning the American Empire. The U.S. dollar dominance is coming to an end. A hundred years ago the U.S. currency Iran announced yesterday ordering the central bank to direct foreign transactions and transform the state’s dollar-denominated assets held abroad to […]

Oil Rig Shortage Slows Chevron Bid to Tap GOM Fields

(Bloomberg) — Bill Thornburg, a senior drill-site manager for Chevron Corp., opens a steel door on a floating oil rig off the Louisiana coast and stops dead in his tracks. Red plastic tape warns that crews are hauling pipe and wrenches the size of baseball bats across a deck slick with sea spray. If it […]

EU New Joiners to Get Biofuel Crop Cash from 2007

The European Union’s newest joiners, including Bulgaria and Romania, will receive subsidies starting in 2007 to support them growing more feedstock crops for producing biofuels, officials said on Tuesday.The EU’s maximum area that can benefit from the energy crop subsidy will be raised to 2 million hectares from 1.5 million now. EU governments will also […]

VC bets for ‘07: Energy, Internet, Asia

Despite the lack of a clear payout strategy, venture capitalists intend to plow money into energy, Internet and companies outside the United States, according to an industry survey.Investment in energy-related companies was projected to increase by more than 90 percent, while Internet and media-related investments are expected to climb about 70 percent.ZDNet

Sanyo to Spend Y19 Billion to Boost Solar Cell Capacity

Sanyo Electric Co. Ltd. said on Tuesday it will spend 19 billion yen (US$161 million) to more than double its solar cell production capacity to better compete with larger rivals such as Sharp Corp. Solar cells are one of the core businesses of the struggling consumer electronics maker, which also focuses on rechargeable batteries, digital […]

ConocoPhillips producing renewable diesel fuel

ConocoPhillips has started commercial production of renewable diesel fuel at the company’s refinery in Cork, Ireland. The refinery is currently producing 1,000 barrels of the renewable fuel, which includes soybean and vegetable oils among its ingredients. Houston-based ConocoPhillips said the renewable diesel meets European Union standards for diesel fuels. The fuel is produced using existing […]

Biofuel – Nigeria Needs 7bn KG of Cassava Annually

The ambition by Nigeria to achieve 10 percent ethanol for fuel can only be attained when production of cassava grows to about 7 billion kilograms annually, a research has shown. The International Institute of Tropical Agriculture (IITA), Ibadan which revealed the outcome of a research recently said the 10 percent attainment of Ethanol in fuel […]

Energy spurs US producer prices surge

US producer price inflation rose at its fastest pace in more than three decades last month as energy and vehicle prices rebounded, helping push wholesale costs higher, government figures showed on Tuesday.The stronger increases than expected underline the Federal Reserve’s concern that inflation remains a threat to the economy.Financial Times

China to assess energy consumption of real estate

Energy-saving initiatives will be obligatory for all real estate investment applications in China from the first day of 2007, as the country moves to boost energy efficiency. An official with the National Development and Reform Commission (NDRC) said the commission will require departments to beef up the examination and approval of real estate investment applications.People’s […]

Global energy hunger means boom for Norwegian outpost

“We are opening a new oil province,” said Sverre Kojedal of the state-controlled oil company Statoil, which is developing Norway’s first Barents natural gas field, Snoehvit, which lies about 90 miles off the coast and is expected to come online a year from now. With the world’s known petroleum resources drying up, the inhospitable waters […]

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