Pakistan: Power crisis remains a nightmare

KARACHI: When power crisis last summer subsided after hitting hard the common men, industry and trade alike for months, people had expected that enlightened and moderate government would take the issue of energy availability seriously. However, it is quite obvious now that people were wrong expecting good from the government, as the government failed at […]

Gas price fluctuations need some managing

After approaching $3 for a gallon of gasoline last summer, seeing the price drop below $2 may seem like a welcome development. And it is. While little actual fanfare surrounds this pullback in fuel costs, most drivers likely appreciate a little relief on their pocketbooks. As many are aware, however, the impact of the cost […]

Power cuts: Now it

‘Worst ever’ energy crisis hits business SOUTH AFRICA – Townsfolk raced against each other as an earnest battle for generators got underway yesterday when small Eastern Cape towns found themselves hardest hit by the country

Alaska to get British-style temperatures

Parts of the world could heat up by over 10 degrees Celsius (18 Fahrenheit) this century with big areas becoming uninhabitable, according to a climate prediction experiment. “We are very rapidly heading back toward the greenhouse world of the dinosaurs,” Bob Spicer, one of the scientists who mounted the joint BBC/Oxford University study, said on […]

The next big oil-price push

With the 30% fall in the price of oil to US$50 a barrel comes the inevitable global ideological free for all over the causes, impacts and general significance of the decline. The scale of the decline pretty much puts peak oil theorists out of commission, especially since the real price of oil in constant dollars […]

Kuwait to cut dependency on oil revenues for growth

Bangalore, Jan 18 (IANS) Kuwait has begun implementing ambitious programmes to diversify its sources of income and minimize dependency on oil revenues, a top official said here Thursday. Addressing a session on the “Gulf & Middle East” at the CII Partnership Summit, Kuwaiti Minister Of Trade & Industry Falah Fahad Mohammad Al-Hajri said the private […]

Renewable energy gains still far off, reports show

California’s utilities are falling behind schedule in meeting a deadline that 20% of their electricity must come from renewable resources by 2010, newly issued reports from two energy agencies show. In separate updates, state energy regulators paint markedly different pictures of how California is progressing in efforts to procure power from sun, wind, water and […]

A convenient time for Saudi Arabia to be ambivalent

What is the main driver behind Opec power Saudi Arabia’s oil policy? This question is sweeping trading floors and it could be unanswerable.Is it a desire to contain any potential threat from Iran or is it the kingdom’s struggle to balance its own economic interests with those of top energy consumer the United States?Gulf News

OPEC lowers 2007 oil-demand growth forecast

The Organisation of Petroleum Exporting Countries lowered its 2007 oil-demand growth forecast and reduced its 2006 oil-demand growth estimate, saying warm weather continues to dampen demand for oil. In its monthly report, OPEC said it now expects 2007 oil demand to grow at an annual rate of 1.5 pct or 1.25 mln bpd, representing a […]

Cuba: Energy revolution guarantees supply but demands savings

Savings is the key word in the Energy Revolution that, after a year of major effort, is showing results in all sectors of the country’s economy. Stability in electricity and the elimination of power cuts was attained in Cuba in mid-2006. Jorge Luis Coteron, one of the directors of the Electrical Union, affirms that the […]

Statoil enjoys rapid growth of biofuel sales in Sweden

Sales of Statoil’s E85 biofuel grew by 270% in Sweden last year compared with 2005, the Norwegian oil giant has revealed in a statement. Svenska Statoil’s petrol stations sold 19.5 million liters of E85 in 2006. The oil firm currently offers biofuel at 170 of its sites in Sweden and this network will be expanded […]

Surge in carbon levels raises fears of runaway warming

UPDATE: The US National Oceanic and Atmospheric Administration (Noaa) has now told us that the story below is based on preliminary data for December, which it should not have published. It has withdrawn the data pending further analysis. As a result, the provisional annual growth rate for 2006 displayed on the Noaa website now does […]

Straw and wood chips in line as sources of clean energy

Biotech and energy companies are racing to glean ultra-clean fuel from untapped sources like straw and wood chips, betting policies to tackle climate change and rising food prices will make it competitive with oil. Heartened by last year’s record crude prices and rising awareness of global warming, many governments and deep-pocketed venture capitalists believe in […]

Money, Not Geopolitics, Drives Russian Energy Policy

Russian commentators have complained in the last several weeks about how Belarusian President Alexander Lukashenko has sought to transform his country’s image in the West from an authoritarian pariah state into yet another victim of Russia’s “energy imperialism”. Russians ask: why does the West criticize Russia for subsidizing Lukashenko, and then criticize us again for […]

Turkey: Europe’s Emerging Energy Corridor

In an era when countries are increasingly looking to diversify their energy sources, Turkey hopes to establish itself as a kind of energy supermarket, betting that controlling oil routes will turn out to be as strategically valuable as producing the stuff. Geographically, Turkey is endowed with advantages, so the country would like to use those […]

Will the dam break in 2007?

Since the Iraq war began in 2003, oil output from the Middle East, which has the world indiatimes

US Senate Energy Panel Sets Hearing on Offshore Resources

The U.S. Senate Energy and Natural Resources Committee will hold a hearing Thursday on the resources available on the offshore continental shelf, or OCS, the committee said Friday. rigzone

U.S. scientists develop better heat pump

U.S. homeowners might soon see their electric bills decreasing thanks to an integrated heat pump system developed by the Oak Ridge National Laboratory. Scientists say the unit combines water heating with heating and cooling, dehumidification and ventilation functions, using 50 percent less energy than standard heat pumps and water heaters. sciencedaily

House passes Clean Energy Act

The Clean Energy Act, which passed on a 264-123 vote, would create a fund called the Strategic Energy Efficiency and Renewables Reserve using the recouped oil dollars. The reserve also would be used to fund more investment in renewable ethanol, wind, hydrogen and biofuels technologies, as well as energy conservation programs. wpherald rigzone

Vattenfall: Curbing Climate Change Would Cost 0.6% of Global GDP

A new study released by European energy company Vattenfall concludes that curbing climate change through a sustainable reduction of greenhouse gas emissions is technically and financially feasible if existing technical solutions are applied consistently greencarcongress

CTL Fuel Could Help America Wean Itself of Foreign Oil Imports

The United States has the world’s largest coal reserves with an estimated 268 billion recoverable tons. Converting just 5 percent of the U.S. coal reserves to Fisher-Tropsch fuels would equate to the existing U.S. crude reserves of 29 billion barrels. The U.S. could virtually double our nation’s domestic motor fuel supply without drilling a single […]

Researchers discover new class of compounds with novel chemistry

Researchers have discovered a new class of aluminum-hydrogen complexes that exhibits unique chemistry and may one day be used as basic building blocks to create materials for use in alternative forms of energy and high energetic materials. physorg

Energy policy at risk of going up in smoke

In his State of the Union address Tuesday, President Bush is supposed to make headlines with an announcement about energy use and global warming. I have no doubt that there will be headlines; it’s the follow-through toward energy security that I worry about. We’ve been talking about energy independence since the Arab oil squeeze of […]

Big business joins greens to pressure Bush on climate

An unprecedented coalition of blue-chip US companies and environmental lobby groups will urge President Bush next week to get serious about global warming, calling for caps on carbon dioxide emissions that would cut greenhouse gases by 10-30 per cent over 15 years. The group, called the US Climate Action Partnership, will unveil the details of […]

Canadian Leader Pledges $1.28 Billion for Alternative Energy

Canadian Prime Minister Stephen Harper announced C$1.5 billion ($1.28 billion) in funding over 10 years for projects to increase the use of alternative energy in the world’s eighth-biggest economy. The money will go toward boosting electricity generation from renewable energy sources such as wind and “small hydro,” Harper told reporters in British Columbia. The measure […]

UN climate panel to step up warnings on climate

OSLO (Reuters) – A U.N. panel on climate change is set to give its strongest warning yet that human use of fossil fuels is stoking global warming, informed sources said on Friday. A draft of the report by 2,500 scientists says it is “very likely” that human activities were the main cause of warming in […]

Tesco USA to get world’s biggest solar roof

LONDON (Reuters) – Los Angeles-based Solar Integrated Technologies has struck a deal with British supermarket chain Tesco to build what it says is the world’s biggest roof-top solar panel installation. Solar Integrated said on Friday it had won a $13 million contract to put solar panels on the roof of Tesco USA’s new distribution center […]

Don’t deny the needy

All those who claim the poor should not heat their homes with discounted Venezuelan oil, or that I should not distribute it, are setting a moral standard they don’t apply to themselves. Nor do they apply it to other oil-exporting countries. If we actually took oil only from those whose morality we agree with, what […]

Cynicism, not altruism, is behind Chavez’ oil ‘gift’

If not for his nation’s mammoth oil reserves, Venezuelan President Hugo Chavez would be just another in a long line of petty Latin American tyrants. Chavez relishes the role of loud-mouthed international populist and provocateur. He attacked President Bush as “the devil” at the United Nations last year and calls regional leaders who disagree with […]

OPEC cuts estimated growth of oil demand in 2007 to 1.5 percent

VIENNA (AFP) – The Organization of Petroleum Exporting Countries has revised downwards its estimate for growth in world oil demand this year to 1.5 percent from 1.6 percent. OPEC said in its monthly report that global demand for oil would grow by 1.5 percent, down from its previous estimate of 1.6 percent, owing to mild […]

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