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News from December 2006

Thomas Friedman: And the color of the year is …

Thomas Friedman: And the color of the year is … thumbnail

I know that you should never generalize about global warming from your own weather. But as a longtime resident of Washington, D.C., it’s hard not to, considering that it has been so balmy this winter season I’m half expecting the cherry blossoms to come out for Christmas. In fact, my wife was rummaging through her […]


Russia defends its gas honor

Russia defends its gas honor thumbnail

This year has been the most eventful for Russia’s energy policies since the break-up of the Soviet Union. Moscow has convinced everyone that the many years of subsidized gas prices for neighboring economies are becoming a thing of the past and that it is firmly determined to defend the position of its energy industry on […]


China’s top advisory body slams buildings that waste energy

China’s top advisory body slams buildings that waste energy thumbnail

China’s top advisory body is calling for laws and regulations to promote energy-efficient buildings to counter soaring building energy consumption.The energy equivalent of about 350 million tons of coal is consumed by the country’s 40-billion-cubic-meters of buildings each year, accounting for 27 percent of China’s yearly energy consumption, according to the committee, adding that 99 […]


A regional approach to strategic oil reserves?

A regional approach to strategic oil reserves? thumbnail

The Asia-Pacific region has emerged as a dominant hub of globalisation, driven by a high level of economic and industrial development. One predominant interest of the regional countries is to ensure an uninterrupted flow of energy to fuel their growing economies as well as unhindered access to sources of raw materials and markets for their […]


Will Iraq’s Oil Blessing Become a Curse?

Will Iraq’s Oil Blessing Become a Curse? thumbnail

The Iraqi government is considering a new oil law that could give private oil companies greater control over its vast reserves. In light of rampant violence and shaky democratic institutions, many fear the law is being pushed through hastily by special interests behind closed doors. Oil. The world economy’s thick elixir yields politics as murky […]


‘Wales could be plunged into another ice age,’ claims glacier professor

‘Wales could be plunged into another ice age,’ claims glacier professor thumbnail

THE nation could be plunged into another ice age due to the impact of climate change, a Welsh academic warned yesterday. icnetwork


Iran Announces Tenders On 17 Oil Blocks

Iran Announces Tenders On 17 Oil Blocks thumbnail

The National Iranian Oil Co., or NIOC, will call international tenders for exploration and development on 17 on- and offshore oil blocks in high-circulation Iranian print media Tuesday, said an Iranian Oil Ministry official Monday. nasdaq


Iran Nuclear Crisis Begins in Moscow

Iran Nuclear Crisis Begins in Moscow thumbnail

Why is Iran so insistent on the fuel reprocessing? One need not look any further than Moscow. newsmax


Working with India and China is key – Tanaka

Working with India and China is key – Tanaka thumbnail

Japan’s Nobuo Tanaka, set to become the next head of the International Energy Agency, said yesterday his challenges would include working closely with non-IEA-member countries such as China and India about the use of emergency crude oil stocks. gulfnews


Trees: The answer to global warming?

Trees: The answer to global warming? thumbnail

Last week atmospheric scientist Ken Caldiera, of the Carnegie Institution’s Department of Global Ecology at Stanford University, reported at the American Geophysical Union meeting in San Francisco that the cooling and warming effects of forests largely balance out in the middle latitudes where the lower 48 states and most developed nations are located. “The effects […]


Rosneft to enlarge oil production by 11.6% to 90 mln tons in 2007

Rosneft to enlarge oil production by 11.6% to 90 mln tons in 2007 thumbnail

Russia tass


Iran’s nuclear drive linked to looming oil crisis

Iran’s nuclear drive linked to looming oil crisis thumbnail

Iran’s nuclear ambitions are motivated not just by a desire for regional supremacy but by a potentially devastating crisis in its oil industry, a US researcher said in a report made public yesterday. For at least 18 months, Iran has failed to meet its quota for oil production set by the Organisation of the Petroleum […]


Losing to the Greens

Losing to the Greens thumbnail

“I’ve never seen industry so deathly afraid of the current politics surrounding climate change policy,” a Bush administration environmental official told me. With good reason. As Democrats take control of Congress, once-firm opposition to the green lobby’s campaign of imposing carbon emission controls is weak. washingtonpost


Sinopec Group Raises 2006 Production of Oil, Gas to Meet Demand

Sinopec Group Raises 2006 Production of Oil, Gas to Meet Demand thumbnail

China Petrochemical Corp., the nation’s second-biggest oil company, said it may produce 1.9 percent more crude oil and 11 percent more gas this year as energy demand rises. bloomberg


Take a look into the future

Take a look into the future thumbnail

Recently the British government published a series of 246 insights or “scans” into the future based on the knowledge of hundreds of specialists drawn from industry and academia known to be at the cutting edge of new developments. Fossil fuels have supplied much of the energy in the past and there is enough oil in […]


A few holiday-induced thoughts about peak oil

A few holiday-induced thoughts about peak oil thumbnail

Like a lot of people, when I think about peak oil, my mind drifts toward the things that are likely to go away: super-stocked grocery stores, cheap gas and easy mobility, push-button conveniences, exurban houses filling the prairie, and the techno-toys we stuff them with. Once the our present reality starts to sink in on […]


Nigeria: We Have Met the Enemy, And It Is Us

Nigeria: We Have Met the Enemy, And It Is Us thumbnail

Responding to the increased rebel violence in the Niger Delta, some oil companies are evacuating the families of foreign workers. Rebels attacks are, month by month, shutting down more production. MEND is getting more skillful and better organized in their attacks. The use of cell phone triggered car bombs, and the ability to get these […]


Oil Output Cut Restores Balance to its Markets

Oil Output Cut Restores Balance to its Markets thumbnail

OPEC decided to reduce production by 500,000 barrels a day (bpd), effective February 1, thus the current output will be 25.8 million bpd from 26.3 million bpd. The decision was arithmetical in every sense of the word. The organization took into account the cost of each barrel of crude oil, whether directly consumed or from […]


Our energy future – a point of view

Our energy future – a point of view thumbnail

Roman civilization reached heights unparalleled at the time of its peak, due largely to the energy of slaves harnessed to its bidding. The slaves rebelled and Roman civilization went into decline. It is succinctly said of that time that: Rome burned, while Nero fiddled! We live in another era but our civilization is equally challenged […]


The New Threat To Europe

The New Threat To Europe thumbnail

This year began with a European energy crisis caused by Russia’s cutoff of gas supplies to Ukraine, where a democratic government not to the liking of Vladimir Putin had taken power. Because Russian gas passes through Ukraine on its way to Western Europe, the pressure also dropped in Paris and Vienna and Rome — and […]


Some analysts predict rise in oil price

Some analysts predict rise in oil price thumbnail

Crude-oil prices may rise this week on speculation that inventories will decline as the Organization of Petroleum Exporting Countries reduces production. Sixteen of 42 analysts, traders and brokers, or 38 percent, said prices will increase, according to a Bloomberg News survey. Thirteen expected a drop, and 13 forecast little change. Last week, analysts were evenly […]


Nigerian separatists not swayed by hostages’ pleas

Nigerian separatists not swayed by hostages’ pleas thumbnail

An armed separatist group in southern Nigeria that is holding four foreign oil workers hostage said on Sunday that it will not be swayed by their pleas for release and indicted Italian oil firm Agip for allegedly attempting to pay a ransom. “We have kept these hostages for more than two weeks now. Do you […]


Energizing America

Energizing America thumbnail

Fossil fuels burned brightly in their day, but now it’s time to make the leap to safer, cleaner, climate-friendly alternatives In the following pages, Sierra explores what our nation can do to meet the challenge of global warming. “Everything hinges on our ability to somehow gracefully make the jump from fossil fuel to … something […]


Yes, Oil From Venezuela

Yes, Oil From Venezuela thumbnail

by Joseph P. Kennedy II There’s been a lot of controversy lately over whether Citizens Energy Corp. should distribute — and the poor should accept — discount heating oil from Venezuela while that country is under the leadership of President Hugo Chavez. But those who have no problem staying warm at night should not condemn […]


Turkey, Georgia in gas-sharing agreement

Turkey, Georgia in gas-sharing agreement thumbnail

TBILISI, Georgia – Turkey has agreed to give up some of its share of a giant Caspian gas field to Georgia, allowing the small Caucasus nation to reduce its need for expensive Russian gas, the Georgian energy minister said Sunday. Nika Gilauri said in televised comments that Turkey had agreed to transfer to Georgia next […]


Asian, Pacific countries must adopt ‘green growth’ patterns

Asian, Pacific countries must adopt ‘green growth’ patterns thumbnail

If Asian and Pacific societies including India are to continue with their economic growth, they will have to adopt ecologically efficient ‘green growth’ patterns, a latest UN report has said.The report specifically warns the South Asian countries including India that over 40 per cent of the region’s population will face some of the toughest issues […]


India: Global warming claims tropical island

India: Global warming claims tropical island thumbnail

Rising seas, caused by global warming, have for the first time washed an inhabited island off the face of the Earth. The obliteration of Lohachara island, in India’s part of the Sundarbans where the Ganges and the Brahmaputra rivers empty into the Bay of Bengal, marks the moment when one of the most apocalyptic predictions […]


Nuclear energy nearing revival

Nuclear energy nearing revival thumbnail

The Bush administration has consistently supported construction of new nuclear plants, offering billions of dollars in subsidies, but the industry says real momentum is only growing now. The attraction of nuclear energy is that it can generate massive amounts of electricity very cheaply, assuming the nuclear plants are run efficiently. “At least 30 reactors are […]


Can geothermal energy light up Yemen?

Can geothermal energy light up Yemen? thumbnail

Many national and international environmental officials recently have talked about generating geothermal energy to power Yemen’s cities. The term ‘geothermal energy’ itself is new for most of Yemenis, who are ignorant about how such energy can be generated or used. However, Yemeni citizens mainly doubt whether such power can solve the problem of constant electricity […]


Turkey should not re-export Iran gas:Oil Minister

Turkey should not re-export Iran gas:Oil Minister thumbnail

Turkey has no right to re-export gas it is importing from Iran via a pipeline, said Iranian Oil Minister. According to ILNA, the minister made the remark in an ILNA-Fars interview in which he was asked about the alleged pressures from ‘Zionist’ interest groups on Ankara to supply the occupying regime’s gas needs.IranMania


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