Chertoff plays down al Qaeda oil supply threat

U.S. Homeland Security Secretary Michael Chertoff played down a call by al Qaeda for attacks on U.S. oil supplies in the Western Hemisphere and said on Friday no special defensive measures were needed. washingtonpost

Iran

Among the parties with a keen interest in the nuclear standoff between Iran and the UN Security Council are foreign investors. Iran is an energy bonanza (NYT) in their eyes: Its underdeveloped oil and gas fields, the world cfr

Bankers see busy oil and gas deal outlook for ‘07

Investment bankers expect brisk deal activity in the energy sector in 2007, as high oil prices stir stiff competition for production reserves and as capital from private equity and hedge funds freely flows into the group. Last year was a record year for the global utility and energy sector, as the value of deals soared […]

Micro-winds of change

Dulas, with a turnover of guardian

Fighting the New Defeatism on Climate Change

A new piece of conventional wisdom is rapidly congealing among mainstream pundits: global warming is happening, but there’s nothing we can do about it. Might as well just batten down the hatches and hope for the best. Energy [R]evolution is a report developed by Greenpeace and the European Renewable Energy Council (EREC) “in conjunction with […]

NEPC launches world’s first solar power house

The pioneer of wind energy in India, NEPC India Limited today launched the world’s first Solar Power House, which is being seen as the future solution of power scenario. Transport and Power Minister Haroon Yusuf launched the product by NEPC, which is known for innovations and induction of new concepts and products in the past […]

A new ally in the energy crisis: Termites

Termites, the dread of homeowners worldwide, could play a significant role in the ethanol industry. “That could produce about 130 billion gallons of ethanol,” said Somerville. The U.S. uses about 140 billion gallons of transportation fuel a year, he added. Ethanol has only about two-thirds of the energy content of gas, so waste product ethanol […]

Biofuel dynamics mix with rural economies

A group of scientists called CAST (Council for Agricultural Science and Technology) recently released a detailed research paper titled, agweekly

Hubbert’s Peak Theory Points to Dwindling Oil Supply

HUBBERT’S PEAK IS not a mountain, but it’s just as good at hiding whatever’s on the other side. One anonymous day in the not-too-distant future it will be the most crowded place on Earth. And coming down won’t be nearly as much fun as going up. Hubbert’s Peak is named for M. King Hubbert, a […]

Peak Oil Passnotes: Born to Be Mild Weather

The week has passed relatively uneventfully apart from some tightening fundamentals. As yet no one has dropped any explosives on Iran, peace is just about being maintained in Lebanon and although Al-Qaida have said they intend to target oil installations they appear to be about as effective an armed group as the U.S. Army. Not […]

U.S. warns of Nigeria militant plots

LAGOS, Nigeria – The United States warned Friday that Nigerian militants may be planning to expand their activities beyond the country’s restive oil-producing southern regions. Light, sweet crude prices rose more than $1, to settle above $59 a barrel, in part because of worries over the warning. Though local residents often object to wind farms […]

Oil crisis constant concern

“The oil crisis will be here in three years. I don’t know many people who think we have ten years, anymore,” said Seppo Korpela, an Ohio State professor of mechanical engineering who has been trying for five years to raise public awareness about peak oil theory. Korpela said the theory holds that when the world’s […]

Gore announces climate-change concerts

LOS ANGELES – Al Gore announced on Thursday a series of worldwide concerts to focus on the threat of climate change, with a powerhouse lineup from the Red Hot Chili Peppers to Snoop Dogg to Bon Jovi. The 24-hour event on July 7 is part of a kickoff campaign, Save Our Selves “We have to […]

Greening the Greys: baby boomers have highest carbon footprint

Research by the Stockholm Environment Institute shows that over 50s in the UK have the highest carbon footprint, yet are most concerned over climate change and are calling for stronger leadership from the Government to combat global warming. The findings aren’t that surprising and can probably be extrapolated to Western Europe’s babyboomer generation as a […]

Population growth plays a key role

Global warming is “unequivocal,” according to the recently released report by the Intergovernmental Panel on Climate Change. The most likely culprits are people – all of us. Yet there never has been much public discussion about the role of human population growth in global warming. According to professor Timothy Dyson of the London School of […]

Peak Oil Theory Could Distort Energy Policy and Debate

The To summarize several primary conclusions: * Based on a detailed bottom-up approach, CERA sees no evidence of a peak before 2030. Global production eventually will follow an undulating plateau for one or more decades before declining slowly. Global resources, including both conventional and unconventional oil, are adequate to support strong production growth and a […]

The Desperation of George W. Bush, Part II

Exhibit F: Grasping At Straws How desperate are they? Desperate enough to lobby the IPCC and ask them to include in the summary for policymakers some nutty strategies for dealing with climate change, such as putting giant mirrors or a giant sunscreen into orbit, or pumping tiny droplets of sulfate, or reflective dust, into the […]

The Heated Debate Over Citizenre

How an emerging company has created a storm of controversy in the world of solar energy. The war of words has intensified in recent days over Citizenre, the new multi-level marketing business that promises to “revolutionize” the way Americans purchase their energy. Skeptics say that Citizenre executives cannot possibly live up to many of their […]

Study Questions Prospects for Much Lower Emissions

WASHINGTON The report, prepared by the Electric Power Research Institute, a nonprofit consortium, is portrayed as highly optimistic by its authors, who will present the findings on Thursday at an energy conference in Houston. It assumes that

State-owned companies are the future of the oil industry

Sao Paulo – The future of the oil industry lies in the hands of state-owned companies in the sector, and they tend to become increasingly global. The information was provided by Jim Pierce, managing director of the maritime and energy section at Marsh, a multinational insurance and risk management company that will promote the Conference […]

Oil majors question Bush biofuel plan

Exxon, Chevron CEOs say technology to increase biofuel production remains well out of reach. HOUSTON (Reuters) — Top U.S. energy companies are skeptical President Bush’s plan to boost biofuels production can wean the world’s largest consumer off fossil fuels because the technology needed remains well out of reach. Oil majors like Exxon Mobil Corp. and […]

Rising sea levels present China with ‘unimaginable challenges’

BEIJING (AFP) – Shanghai, Guangzhou and other large coastal cities in China could face “unimaginable challenges” if global warming continues and the oceans keep rising, state media has said. A report released recently by the State Oceanic Administration has warned of a rapid rise in sea levels that threatens China’s densely populated east coast, the […]

Turkey Warns Cyprus to Cancel Exploration Tender

Turkey warned Cyprus to cancel an official tender for oil exploration and drilling rights off the coast of the divided island that it shares with a breakaway Turkish Cypriot community. “We expect Greek Cyprus to end its initiatives to launch international tenders which violate the joint rights of the island’s two communities and amount to […]

Hybrids lose their luster

Toyota’s high mileage, gasoline-electric Prius sedan was once so popular that the carmaker had only a three-hour supply. Buyers had to get on waiting lists, and frustrated would-be owners bid the price of used Priuses above the new price or paid thousands above sticker for new ones. Now Toyota has a nearly 30-day supply, and […]

India: Will fuel price cut stop inflation?

Prices are rising sharply in India and in a desperate attempt to control inflation, the Government has cut fuel prices. Worried by surging inflation figures, the Government has announced a cut in petrol and diesel prices effective from Thursday midnight.CRISIL Senior Economist D K Joshi spoke to Sagarika Ghose on CNN-IBN’s Face The Nation on […]

Kiwi lambs poised to be processed into bio-diesel blend

New Zealand may soon be processing its huge excess of lamb fat into bio-diesel. The Kiwis currently produce 140,000 tonnes of animal fat each year from their meatworks. United Kingdom bio-diesel producer Argent Energy is investigating, with oil companies Shell and Chevron, a plant to process 75,000 tonnes of the lamb chop trimmings to produce […]

South Africa: Huge Response to Call for Renewable Energy Options

There has been a huge response to the Western Cape government’s call for proposals on renewable energy options like wind, wave and solar power, with calls flooding in from all over the country and across the world. This was revealed by Mark Gordon, director of strategic environmental management in the provincial Environmental Affairs and Development […]

Internet claims role in fighting global warming

Companies are starting to capitalise on reducing travel costs as well as CO2 emissions by using Information and Communication Technologies (ICT).In early 2006, a number of ICT companies including HP, Intel and Sun Microsystems set up the GeSI EU ICT Sustainability Forum, in order to look into how the ICT sector can contribute to sustainability. […]

British Millers Worried by Impact of Biofuel Subsidy

British millers are worried that government subsidies to promote biofuel intensifies competition between using grain for food or fuel and damages their industry. “It’s crucial that we don’t create a monster which becomes dependent purely on subsidy,” an official of the National Association of British and Irish Millers (nabim), told a conference this week.The millers’ […]

Chubais Spots Gas Shortage in Russia

Russia will face the gas shortage of 4 billion cu meters in 2007, RAO UES CEO Anatoly Chubais announced with reference to the gas balance of the country passed by the government. The shortage will widen to 8 billion cu meters in 2008 and reach 40 billion cu meters in a few years, Chubais predicted […]

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