Russia, Qatar eye OPEC-style natural gas cartel

DOHA, Qatar – Leaders of natural gas-rich Russia and Qatar said Monday they would explore the creation of a natural gas cartel to represent the interests of producer countries to influence the global market. Russian President Vladimir Putin and Qatari Emir Sheik Hamad bin Khalifa Al Thani told reporters here that they wanted more cooperation […]

Facing Flood of New Rigs, Drillers Lose Grip on Pricing

Drillers have been able to play gas producers off one another the last few years, taking advantage of an historic shortage in manpower and equipment in North America. Now, producers are extracting a little payback. The change can be seen in the recent performance of the two biggest land drillers: Nabors Industries Ltd. (NBR) and […]

Gazprom, Interros Ready to Carve Up Power Industry

MOSCOW Considering the holding

Obamamania – Kunstler

You’ve really got to feel sorry for whoever gets sworn in as president in 2009. Whichever of the candidates gets there, he or she will be walking into a shit storm of trouble much worse than the domestic political turmoil that Lincoln faced in 1861. By January 2009 we will surely be reeling from the […]

Science looks at how to replicate Brazil’s biofuels example in dev countries

Jose Goldemberg, Secretary for the Environment of the State of Sao Paulo, Brazil, and professor at the University of Sao Paulo, wrote an intersting article in the authoritative journal Science, which has a special issue on ‘energy for the long haul’. In it, Goldemberg explains how developing nations can replicate Brazil’s biofuels policies and leapfrog […]

The Netherlands aims to become a ‘bioport’ for global biomass trading – report

The notion of using biomass as fuel and feedstock in a biobased economy is fast gaining in popularity, not least due to rocketing energy prices. The Netherlands needs to catch up with the leaders in this emerging green economy without delay, and should choose to become Europe’s leading ‘bioport’. This is the recommendation of a […]

North Korea agrees to nuclear disarmament

The North must provide a complete list of its nuclear programs and disable all existing nuclear facilities. In return, the North will get aid in corresponding steps worth 950,000 tons of heavy fuel oil …Hill said the North Koreans had insisted during the six-nation negotiations that the specific amount of aid they were to receive […]

China: Experts concerned about pollution targets

Experts are concerned that the country’s plan to reduce major pollutants by 2 per cent this year might have set the bar too high.“It will be hard for China to reduce pollution by 10 percent by 2010 while at the same time trimming energy consumption per unit of gross domestic product (GDP) by 20 percent […]

Push for New Climate Treaty Intensifies, Hope Seen

Intensive diplomatic efforts to agree the elements of a framework by the end of the year for a new global climate change treaty are starting to make headway, according to a European official close to the negotiations. The tone of the debate has changed in the United States and Australia — key nations which rejected […]

Mandelson wants free trade in ‘green’ goods

Trade Commissioner Peter Mandelson said, in a speech made on 9 February 2007, that a WTO-wide deal eliminating all tariffs on trade in green technologies and energy-saving equipment would be the key to finding a business-friendly global solution to climate change. Scrapping tariffs on green products would foster their development by making them more easily […]

Biofuel is NOT “Carbon-Neutral”

“Before oil palms, which are small and scrubby, are planted, vast forest trees, containing a much greater store of carbon, must be felled and burnt. Having used up the drier lands, the plantations are now moving into the swamp forests, which grow on peat. When they’ve cut the trees, the planters drain the ground. As […]

PetroChina to Explore Arctic Shelf with Rosneft, Gazprom

Russia’s remote oil-rich Arctic Continental Shelf may welcome joint exploration by PetroChina, Russia’s Rosneft and Gazprom, the first two largest oil and gas companies in Russia, a Russian media outlet reported. According to the media, PetroChina is expected to provide capital and essential equipment, in exchange for the right to exploit Arctic oil and gas […]

New Cold War with Russia Over Oil and Gas

Western analysts have accused Moscow of conspiring to turn the Shanghai Cooperation Organization — an intergovernmental body composed of China, Russia, Kazakhstan, Kyrgyzstan and Tajikistan, with India, Pakistan and Iran as invited observers, meant to foster good neighborly relations and deal with issues of Central Asian security — into a sort of “OPEC with nuclear […]

Coal producer Vietnam predicted to import coal from 2015

Vietnam is forecast to have to import some kinds of coal, mainly fat coal used for metallurgy, from 2015, local newspaper Vietnam Economic Times on Tuesday quoted the country’s Industry Ministry as reporting. The ministry predicted that Vietnam would have to import 5.9 million tons of some kinds of coal in 2015, 15.4 million tons […]

Britain tries to block European targets for renewable energy

Britain is trying to block new European rules that would set binding targets on renewable energy generation to tackle climate change, according to leaked papers. The European commission wants to force member states to generate 20% of their energy by 2020 from green sources such as wind power and wood chip boilers. But Britain has […]

Energy critical power source within N Korea

In the depths of the North Korean winter, where temperatures regularly plumb -10to energy, rather than nuclear weapons, during the past five days of North Korean denuclearisation talks highlights the critical challenge that power shortages present to Kim Jong-il’s regime. North Korea has suffered extreme energy shortages since the collapse of the Soviet Union, its […]

Fears for North Sea output grow

Oil and gas production in the North Sea is now expected to be about 10 per cent lower over the next few years than previously thought, according to the leading survey of the state of the industry. The faster than expected decline in production is bad news for Britain’s energy security, increasing the country’s dependence […]

Putin Says Russia Still Interested in Gas OPEC Idea

Russia has not given up on the idea of establishing an international natural gas cartel similar to OPEC and will coordinate its actions on the issue with other major gas producers, the country mosnews

Trouble in the Straits of Hormuz

A SLEW of articles has recently appeared in the international media warning that the US businessday

Lukoil Makes Discovery on Block A in Saudi Arabia

LUKSAR has made a hydrocarbon discovery on the Tukhman structure in Contract area Block A in the Kingdom of Saudi Arabia. rigzone

OPEC Unlikely to Make Further Oil Production Cuts

Qabazard told reporters earlier today crude oil markets will have a surplus of 300,000 barrels a day in the second quarter, as winter demand eases. Since meeting in Doha, Qatar, in October, OPEC has agreed to reduce output by 1.7 million barrels a day. bloomberg

New Fuels Have Huge Potential To Reduce Gasoline Use

New vehicle fuels and related technologies offer the greatest potential for large reductions in gasoline use and the U.S. economy usinfo

China’s 2006 oil import dependency at 47 pct, up 4.1 pct points from 2005

China’s oil import dependency level was at 47 pct in 2006, up 4.1 percentage points from 2005, the official Shanghai Securities News reported, citing data from the Ministry of Commerce.The paper also cited analysts as saying that China’s import dependency will remain high in 2007 due to the country’s robust economic growth, high auto demand […]

This is the first time any Australian parliament has recognised Peak Oil as real

Committee Chair, Government Senator Bill Heffernan, said in his tabling speech that Peak Oil was forecast in 20-40 years, if I recall his words correctly. This is in contrast to the many reliable forecasts that global oil production may probably peak in say 3-5 years or thereabouts. Inquiry originator, Senator Milne (Greens) was much better […]

‘Elephant grass’ may be the next big biomass crop

If your corn is being processed into ethanol and your soybeans into biodiesel, your acreage unsuited for row crop production may soon be converted to production of miscanthus, a biomass crop that some researchers believe will help fill the shortfall in U.S. energy production. agriculture

Politics to complicate energy conflicts

Energy-producing nations with state-owned oil and gas firms will continue to flex their muscles on the world stage, causing more confrontations, according to a panelist at Saturday bangordailynews

Brazil Ethanol Can Replace 10% World Gasoline In 20 Yrs

If the right investments are made, Brazil could replace 10% of the world’s gasoline with its bio-friendly cane-based ethanol in 20 years’ time, according to a study conducted by a university in Sao Paulo at the request of the country’s Ministry of Science and Technology. If such investments occur, Brazil could be able to boost […]

Niger Grows Greener

Poor African farmers plant trees in the Sahel in Niger, fighting desertification. Link to New York Times video

A battle over biofuels

Don’t underestimate farmers and science

Attributes of best biofuel: Cost-efficient, eco-friendly

Disparate, powerful factions are unified that the world needs to find an alternative to fossil fuels. The World Economic Forum and President George W. Bush’s State of the Union address both sounded the alarm on America’s dependence on foreign sources of energy. Hopes are high for the United States to find ways to become less […]

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