Armed officers have begun patrolling gas installations in the UK amid heightened security alerts. The Ministry of Defence (MoD) is guarding gas facilities near Peterhead and Garlogie in Aberdeenshire. MoD police have also been deployed to patrol Bacton gas terminal in Norfolk and Easington in Humberside. The officers are equipped with firearms and are authorised […]
BOSTON – Some leading scientists and evangelical Christian leaders have agreed to put aside their fierce differences over the origin of life and work together to fight global warming. Representatives met recently in Georgia and agreed on the need for urgent action. Details on the talks will be disclosed in Washington on Wednesday. “Whether God […]
PORT HARCOURT, Nigeria – Royal Dutch Shell evacuated staff from two oil installations in southern Nigeria and the military boosted troop levels in the volatile area Tuesday after community clashes left a dozen community chiefs dead, officials said. Bisi Ojediran, a spokesman for Shell PLC, said only a skeleton crew remained at the two evacuated […]
The euro has displaced the US dollar as the world’s pre-eminent currency in international bond markets, having outstripped the dollar-denominated market for the second year in a row.The trend among some Asian and Middle Eastern countries to diversify their assets away from the dollar has further boosted this trend.Financial Times
The French government has authorized the commercial sale of biofuels. France has joined a number of other countries in approving the commercial sale of biofuels, with the French government stating that it hopes to see biofuel’s share of total motor fuel consumption rise to 7% by 2010. However, legislation alone is not enough. Given the […]
When President Evo Morales ordered Bolivia’s energy fields nationalized last May and sent federal troops into its abundant gas fields to make his point clear, critics warned that he would isolate Bolivia and choke off its main source of revenue. But with Morales about to celebrate his first anniversary in office Jan. 22, most Bolivians […]
Scotland’s first state-of-the art renewable energy park is expected to inspire new businesses and create 1350 jobs over the next 25 years. The The Herald
When it comes to squandering the earth’s natural resources, residents of the United Arab Emirates, a desert land of chilled swimming pools, monster 4×4s and air-conditioned malls, are on a par with even the ravenous consumption of Americans, according to the World Wildlife Fund. The average person in the Emirates puts more demand on the […]
South Korea will change tactics in its increasingly urgent quest for overseas energy assets this year, targetting more costly but proven oil reserves after years of pursuing high-stakes exploration acreage. Seoul, impatient with the five or more years required to bid for rights, drill wells and fund billion-dollar projects, is on the hunt for fields […]
Brazil’s gas and oil reserves edged down slightly in 2006, the state-run oil firm Petroleo Brasileiro SA, or Petrobras, said in a release. At current production levels, domestic and foreign reserves will last 14.5 years, Petrobras said.International Herald Tribune
Before embarking on controversial measures such as this law favouring foreign oil firms, the Iraqi parliament and government must prove that they are capable of protecting the country’s sovereignty and the people’s rights and interests. A government that is failing to protect the lives of its citizens must not embark on controversial legislation that ties […]
Indonesia signed new production sharing contracts with three global energy firms — ConocoPhillips, CNOOC Ltd. and Premier Oil — on Tuesday to boost reserves, the oil minister said. Asia-Pacific’s only OPEC member has been offering new exploration rights to try to stem a steady decline in oil production that has threatened its status as an […]
Joseph Romm’s Hell and High Water may be the most depressing book on global warming I’ve ever read. He writes of a “Planetary Purgatory” [UPDATE – by the 22nd Century], where sea level rises 20 feet, many coastal cities are subject to such frequent hurricanes they are abandoned, and most of the Greenland ice mass […]
Partly by accident I have been without a car for well over a year. In the summer of 2005, about the same time Katrina was shutting down gulf production, I was stagnating in an office designing circuit protection equipment for the utility industry Without much of a plan, I gave notice to my manager that […]
…The preservation of secured sources of abundant energy has long been a priority of the American elites and their European counterparts. The Euro-Atlantic Community or “Axis” — the First World — has pursued similar policies for over 100 years, through either soft or hard power. The abundance of energy is the indispensable lubricant to run […]
The end of 2006 saw warnings from each end of the political spectrum. First there was a report issued by the Green Party, demonstrating how modern food markets place food supplies at risk from a fuel crisis, and second, an investigative piece revealing the far-right British National Party (BNP) strategy to capitalise on such a […]
Crisis of 2000 led Blue Point Energy founder to design generators that recycle their own heat During the 2000 California energy crisis, most people just saw high electricity bills. Guy Archbold saw daylight. “To me, it was a glimpse of what the future would hold,” he said. That year, Archbold, a retired investment banker with […]
An update on the latest production numbers from the EIA along with different oil production forecasts, all in one place. Great charts by Khebab.Much more after the jump to The Oil Drum
RICHMOND, Calif. — A fire broke out at an oil refinery Monday morning, sending flames as high as 50 feet into the air and prompting an order for residents to stay indoors, authorities said. The fire began at about 5:24 a.m. at Chevron’s Richmond Refinery, said Contra Costa County Hazardous Materials specialist Maria Duazo. “We […]
It’s hard to imagine a week more filled with delusion about Iraq than the one just concluded. But, Iraq never ceases to surprise, so one must hold out the possibility that the delusion could grow even grander. First, there was the notion that a soon-to-be-adopted Iraqi law designed to open the country’s oilfields to foreign […]
If thought of as a painting, the scientific picture of a growing and potentially calamitous human influence on the climate has moved from being abstract a century ago to impressionistic 30 years ago to pointillist today. The impact of a buildup of carbon dioxide and other greenhouse gases is now largely undisputed. Almost everyone in […]
Got Ethanol?
How about Tortillas?
“Mexico now imports much of its corn from the United States, where prices have rocketed 80 percent to their highest levels in a decade last year due to demand for corn-based ethanol fuel.”
…The oil under Saudi Arabia’s suzerainty is being made available to the world at large virtually without consideration as to need nor equity. Not only that, but Saudi Arabia breached their fiduciary trust and has delivered this vast and important resource into the grip of the larcenous OPEC cartel in order to extort the maximum […]
WASHINGTON (Reuters) – A U.S. official on Sunday denied a British newspaper report that President George W. Bush was preparing to announce a dramatic policy shift on global warming in his State of the Union speech this month. The British newspaper The Observer reported on Sunday that senior Downing Street officials, who were not named, […]
‘A war economy is needed’ to reduce global warming emissions, according to the EU’s environment chief who said new measures will be tabled ’shortly’ to tackle car pollution and expand the carbon trading system.“Damaged economies, refugees, political instability, and the loss of life are typically the results of war. But they will also be the […]
The European Union will urge China to do more to cut greenhouse gas emissions and cooperate on energy security next week when it launches negotiations on a broad new strategic partnership with Beijing. EU External Relations Commissioner Benita Ferrero-Waldner will begin the talks in China on Wednesday on a pact which will also cover economic […]
The keepers of the “Doomsday Clock” plan to move its hands forward next Wednesday to reflect what they call worsening nuclear and climate threats to the world. The symbolic clock, maintained by the Bulletin of Atomic Scientists, currently is set at seven minutes to midnight, with midnight marking global catastrophe. The group did not say […]
China on Sunday signed an agreement with the Association of South-east Asian Nations that promises to open up key service sectors as the two partners move towards creating what could be the world’s biggest free-trade zone. The deal is seen as a vital step towards the establishment by 2015 of a China-Asean free trade area. […]
Washington’s successive divide-and-rule tactics – facilitating a possible genocide of Sunnis, contemplating a mass slaughter of Shi’ites, betting on a regional Sunni/Shi’ite war – never for a second lose sight of the riches of Iraqi. For Big Business, an Iraq eaten alive by Balkanization is the ideal environment for the triumph of Anglo-American petrocracy.But what’s […]
Chinese Premier Wen Jiabao and Australian Prime Minister John Howard agreed here on Monday to set up a Sino-Australian clean coal work group in order to promote effective utilization of coal resources and tackle the global problem of climate changes. Wen said China is ready to join effort with Australia to push bilateral relations to […]
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