It’s 55 years since the De Havilland Comet entered service as the world’s first purpose-built jet airliner, and as the international media were treated to a test flight aboard the Airbus A380 a week ago, it was clear that travelling at 30,000 feet in a metal tube with wings can still leave us awestruck. But […]
President Luiz Inacio Lula da Silva and Bolivian President Evo Morales reached a deal late Wednesday on how much Brazil will pay for Bolivian natural gas, apparently resolving an issue that has deeply divided the neighboring nations for a year.Earlier Wednesday, Bolivian and Brazilian officials said Brazil will pay nearly 300 percent more for the […]
Germany is blowing more wind into energy with the setting up of new offshore facilities. Germany already has the world’s largest installed capacity for wind energy. By the end of this year, German researchers will have installed a new facility in the North Sea, some 80 km west of the island of Sylt. The experimental […]
Indonesia aims to have 2,000 energy self-sufficient villages powered by hydro, solar or bio-fuel resources by 2009, Energy and Mineral Resources Minister Purnomo Yusgiantoro said. The country currently has 140 villages capable of meeting all their own energy needs, the official Antara news agency quoted him as saying late Wednesday after a cabinet meeting.“President Susilo […]
A snowy hill on the outskirts of Stirling in Scotland is the scene of a significant milestone of achievement for the UK wind industry when Secretary of State Alistair Darling switched on the turbine which pushed the UK into position as one of the top seven players in the global wind market. The generation and […]
Oil-sands projects are among the most vulnerable if Canada follows the lead of some U.S. states to reduce gas emissions linked to global warming, according to the Canadian Imperial Bank of Commerce. Rising output and energy-intensive extraction processes mean projects that produce oil from Alberta’s tar-like deposits will be a “prime target” if Canada adopts […]
All the talk of when the world will run out of oil could be rendered irrelevant because of geopolitical issues that block access to untapped reserves, the head of international exploration and production for Chevron Corp. said Wednesday. John Watson told energy executives and analysts that the so-called peak oil debate focuses on the level […]
U.S. Energy Secretary Sam Bodman on Wednesday gave a sobering view of tight energy supplies and reservoir access challenges around the world, and called on global leaders to act to remove the “unacceptable risk” to energy security. Without naming them outright, Bodman took to task leaders in countries that have seized on their plentiful crude […]
The most definitive scientific assessment of global warming to date, a report released earlier this month from the Intergovernmental Panel on Climate Change (IPCC), concluded with “very high confidence” that humans are contributing significantly to global warming. The report also precisely defines the scientific uncertainties concerning the extent, impacts, and timing of global warming. Ronald […]
I have heard that the economics of using hydrogen fuel cells in the automotive industry just isn’t feasible as more energy is needed to isolate H2 from natural compounds than can be recovered from its use. Is this true? renewableenergyaccess
First Reserve Corp., the biggest private equity firm in the energy industry, expects a fivefold gain from rotting chickens and cow dung. That assumption is looking less preposterous. A consensus is emerging for U.S. legislation that encourages trading of credits earned from projects that reduce emissions of greenhouse gases and curb global warming. bloomberg
The CEOs of Big Oil gathered in Houston this week to proclaim that they finally get global warming and want to be part of the solution. The problem, of course, is when there’s so much money in black gold, it’s sure hard to go green. huffingtonpost
Leading US politicians are meeting legislators from the EU, China, Japan and India to seek a breakthrough in the international climate deadlock. The meeting, organised by British-run parliamentarians’ group Globe, is strongly supported by the UK Prime Minister Tony Blair. BBC
Good project managers in the oil industry may be like rock stars, but they’re becoming just as rare. As an aging generation of workers retires, industry experts say the resulting shortfall in skilled labor could lead to an increase in delays and problems on mega oil and gas projects. rigzone
Exxon Mobil Corporation says that phase one of the Sakhalin-1 project offshore Eastern Russia, led by its subsidiary Exxon Neftegas Limited, and including affiliates of Rosneft, RN-Astra and Sakhalinmorneftegas-Shelf, Sakhalin Oil and Gas Development Co., Ltd. and ONGC Videsh Ltd., has reached its targeted peak production rate of 250,000 barrels (34,000 metric tons) of oil […]
The crisis between Iran and the West has escalated to an alarming degree. Barring a show of realism on the part of Iran, resulting in its suspension of enrichment activities, or a willingness on the part of the United States to engage in talks without pre-conditions, a U.S.-Iran military confrontation may become inevitable. wpherald
Saudi Arabia, the world’s biggest oil exporter and a key U.S. ally, said on Wednesday the kingdom does not see any obstacle to cooperating with Russia on developing a nuclear energy program. Analysts said the plan by Sunni bastion Saudi Arabia is a warning shot to Shi’ite Iran that it could enter the regional arms […]
It may be late to the game, but the maker of Hummer vehicles says it wants to become the global leader when it comes to green cars. globeinvestor
Is the era of cheap oil really at an end? Or could a glut send prices into a freefall? Should Western countries fear energy blackmail from oil-rich powers? There’s no crystal ball to predict oil’s future, but Leonardo Maugeri believes that much can be learned by looking at the industry’s past. Maugeri is the author […]
What’s Being Left Out of Solutions to Fossil Fuel? Everyone from the Republicans to Democrats to major environmental groups are singing hosannas to biofuels and hybrid cars as the salvation from peak oil and global warming. Will trusting corporations to manufacture environmentally friendly cars make a dent in the world’s ecological crises? Or could the […]
CHICAGO/NEW YORK (Reuters) – When it opens next year, the 54-story Bank of America Tower in New York will be the most environmentally friendly office building in the United States. It will produce most of its energy at an on-sit cogeneration plant. It will capture and reuse waste water and rainwater. And it uses recycled […]
…What is happening here is a vision that many in rural America see as their salvation: high-performance moonshine from amber fields of grain, and a In part this is because the ethanol economy, as it grows before our eyes, is looking less like a taxpayer-financed Big Plan dominated by a single agribusiness corporation and more […]
…Hofmeister and his executives toured 25 U.S. cities last year conducting meetings with local residents and public officials. The results were sobering, he said. “I was shocked at how many people actually believe in the peak oil theory,” said Hofmeister, of a point of view held by some that the world is at the tipping […]
Oil shale is about to make another break for the energy spotlight. The U.S. has just given the green light for development, but utilizing Colorado’s massive reserves has always been a risky venture. Close . . . but No Oil Geological fate dealt a cruel blow to Colorado. If the oil-rich sedimentary rock was a […]
Protesters against the continued and unrestrained promotion of fossil fuel projects by the UK government have blockaded the main vehicle access route into the new LNG pipeline terminal near Milford Haven, South Wales. Their aim is to highlight the serious environmental and safety issues surrounding this project, and to call for a more sober approach […]
ANCHORAGE, Alaska – Two conservation groups sued the federal government Tuesday claiming marine mammal regulators are not doing enough to protect polar bears and walruses against the combined threat of oil and gas exploration and global warming. The groups say the U.S. Fish and Wildlife Service did not fully consider the effects of global warming, […]
Decline of the worldFor those who don’t know much about Ghawar, it is by far the largest conventional oil field in the world, measuring an estimated 175 miles by 20 miles (280km by 30 km). Currently, the huge field is said to produce between 4.5 and 5 million barrels of oil per day by outside […]
There has been a buzz in the air lately. It’s the sound of U.S.-based Citizenre, a new multi-level marketing machine targeting solar power. Their plan? Build “the world’s largest” solar cell and module manufacturing plant with the stated intention to install 100,000 residential systems annually. Their pitch? You can have solar electric power for the […]
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Remember the metaphorical To unknowing American ears, the name Cantarell evokes a casual, Southwestern feeling, more suggestive of a dude ranch than the world
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