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News from February 2007

The palm-oil advantage in biofuel

The palm-oil advantage in biofuel thumbnail

In reality, protectionist measures are being cleverly disguised as environmental issues, which are being exploited and propagated as anti-palm oil campaigns by environmental NGOs to increase financial contributions from unaware sympathisers. Any measure to exclude palm oil will naturally contravene World Trade Organisation provisions. Although statements issued in the Netherlands say that only palm oil […]


An Eastern Mediterranean Oil War?

An Eastern Mediterranean Oil War? thumbnail

Virtually unnoticed, the inauguration of the Ceyhan-Tiblisi-Baku (BTC) oil pipeline, which links the Caspian Sea to the Eastern Mediterranean took place on the 13th July 2006, at the very outset of the Second Lebanon War. The official reception took place in Istanbul, hosted by Turkey’s President Ahmet Necdet Sezer in the Cyroaon Palace. Many dignitaries […]


Saudi discovers new field

Saudi discovers new field thumbnail

‘Saudi Aramco has discovered a new oil field south east of Ghawar field,’ the official Saudi Press Agency (SPA) quoted oil minister Ali Al Naimi as saying. ‘On February 11, oil from the Derwaza-1 well … flowed at a rate of 3,915 bpd associated with 11.9 million cubic feet of gas daily,’ he added. The […]


Bahrain refined oil exports fall

Bahrain refined oil exports fall thumbnail

Exports of refined oil from Bahrain totalled 88.045 million barrels per year last year, down from 90.951 the year before, according to a National Oil and Gas Authority report.The decrease was attributed to a decline in imports from Saudi Arabia as well as maintenance of the Bapco refinery.Gulf Daily News


Iraq oil may flow as deal advances

Iraq oil may flow as deal advances thumbnail

Kurdish authorities have agreed to back a draft law to manage and share Iraq’s vast oil wealth, removing the last major obstacle to approving the measure and meeting a key U.S. benchmark in Iraq, a top Kurdish official said Saturday. Approval of a new oil law could help open the way for international oil companies […]


Venezuela offers to cure Nicaragua’s oil ills

Venezuela offers to cure Nicaragua’s oil ills thumbnail

CARACAS, VENEZUELA Chavez is using Venezuela’s oil revenues, valued at more than $50 billion a year, to counter the influence of the United States and multilateral lending organizations like the International Monetary Fund. Venezuelan aid for Nicaragua has been a godsend for Ortega, the former Sandinista guerrilla leader who was elected president last year. New […]


A Fighting Chance

A Fighting Chance thumbnail

After decades of resistance and delay in responding to the world But now, at this late hour, there are signs of hope, and highly visible currents of change afoot. A couple of days ago, environment ministers from the 27 nations of the European Union meeting in Brussels set a firm


Somalia: An Oily Cliche

Somalia: An Oily Cliche thumbnail

Today, it is a reflexive cliche to claim the United States (U.S.) is off on another oil-acquisition conquest anytime they invade an Arabic nation. In the case of Somalia, the cliche may nevertheless be true. While undoubtedly, the U.S. and its Ethiopian proxy conqured Somalia and The story begins in 1990, just prior to the […]


Warming Climate, Cod Collapse, Cause Rapid N. Atlantic Ecosystem Collapse

Warming Climate, Cod Collapse, Cause Rapid N. Atlantic Ecosystem Collapse thumbnail

Ecosystems along the continental shelf waters of the Northwest Atlantic Ocean, from the Labrador Sea south of Greenland all the way to North Carolina, are experiencing large, rapid changes, reports a Cornell oceanographer in the Feb. 23 issue of Science. “It is becoming increasingly clear that Northwest Atlantic shelf ecosystems are being tested by climate […]


EU opens public consultation on carbon capture and storage

EU opens public consultation on carbon capture and storage thumbnail

CCS can be also used in so-called “Bio-Energy with Carbon Storage” (BECS) systems, a radical carbon negative energy concept. BECS relies on burning renewable and climate neutral biofuels instead of fossil fuels, after which the CO2 released is sequestered, making the over-all GHG balance negative. BECS is the only system that can take carbon dioxide […]


The Next Attack

The Next Attack thumbnail

Terrorists in Iraq are becoming proficient at blowing up oil refineries. Similar plants in a handful of American cities represent our greatest vulnerability. We could easily be making them less dangerous. But weAcross the Delaware River, three young men gather in a vacant lot. The leader of the group is a British national, a second-generation […]


Rural Maine Scrambles in Midst of a Propane Shortage

Rural Maine Scrambles in Midst of a Propane Shortage thumbnail

ETNA, Me. Propane dealers are scrambling for supplies, with some driving to Detroit and Ontario to restock. Gov. John Baldacci has increased the hours to deliver propane and is urging conservation and priority shipments for hospitals and nursing homes.


Refinery pinch will squeeze drivers’ wallets

Refinery pinch will squeeze drivers’ wallets thumbnail

The annual winter migration of gasoline prices has started again, which means steadily higher costs at the fuel pump. A combination of a late dose of cold up north, a major refinery fire, the usual industry maintenance and the change from winter to summer gas blends is squeezing supplies. “The problem is not crude oil […]


Oil prices reach a new high for the year

Oil prices reach a new high for the year thumbnail

NEW YORK – Oil prices reached a new high for the year during a volatile session Friday, driven by tensions with oil-producing Iran and expectations of continued pressure on U.S. petroleum product supplies Light, sweet crude for April delivery added 19 cents to settle on the New York Mercantile Exchange at $61.14, its highest closing […]


Police: Nigeria gunmen shoot 2 oil workers; 1 dies

Police: Nigeria gunmen shoot 2 oil workers; 1 dies thumbnail

LAGOS, Nigeria – Gunmen opened fire Friday on a vehicle carrying foreign workers in Nigeria’s unruly oil-producing south, killing one Lebanese man, while assailants on speedboats kidnapped two Italians in separate violence. Five gunmen shot at the car carrying two Lebanese and a Nigerian as it neared the airport in the main oil center of […]


The perilous fantasy of energy independence

The perilous fantasy of energy independence thumbnail

The biggest threats to the worldThe biggest threats to the world


The Shell Answer Man and Peak Oil (Parts 1 & 2)

The Shell Answer Man and Peak Oil (Parts 1 & 2) thumbnail

DO YOU REMEMBER the And so today we meet John D. Hofmeister. He is a nice-looking, pleasant-sounding fellow who happens to be the president of Shell Oil Co. And he is in the midst of a 50-city lecture tour, on behalf of Shell, giving speeches with a title along the lines of


Regulatory adviser speaks about nuclear power, weapons

Regulatory adviser speaks about nuclear power, weapons thumbnail

The world is heading toward another atomic age, a nuclear regulatory adviser for Argentina said Thursday. Abel Julio Gonzalez said countries have to develop nuclear power to deal with the global fossil fuel shortage. Gonzalez, former director of the radiation waste department in the International Atomic Energy Agency, was on campus for Research Week. He […]


Peak oil, climate change and the role of local communities

Peak oil, climate change and the role of local communities thumbnail

Tony Juniper is the executive director of Friends of the Earth UK, and a seasoned environmental campaigner. Recently down in Totnes teaching part of the three week Climate Change course at Schumacher College, he also spoke in town as part of the TTT programme. I managed to grab 15 minutes of his time to ask […]


Eni Confirms Fears about Kashagan Oil Field Problems

Eni Confirms Fears about Kashagan Oil Field Problems thumbnail

Italian oil and gas giant Eni SpA confirmed investors’ fears about delays and cost overruns at its mammoth Kashagan oil project in Kazakhstan, but insisted its strong position in the growing European gas market and its alliance with Russia’s OAO Gazprom will power the company forward. The announcement came as Eni, the world’s sixth-largest oil […]


New twist on energy-efficient light bulbs

New twist on energy-efficient light bulbs thumbnail

A coalition of private companies and government agencies is launching a grass-roots marketing campaign to persuade more Americans to help combat global warming by using energy-efficient light bulbs. The campaign was scheduled to launch Thursday at the Tech Museum of Innovation in downtown San Jose, Calif. If every American swapped just one bulb, advocates say, […]


Qatar launches $18bn gas project

Qatar launches $18bn gas project thumbnail

Qatar yesterday launched a mega gas-to-liquids (GTL) project in partnership with Royal Dutch/Shell that will cost up to $18 billion, $10bn of which have already been earmarked. “Upstream 1.6bn cubic feet of wellhead gas will be produced, transported and processed per day to produce 120,000 barrels of oil equivalent per day of condensate, liquefied petroleum […]


Cheney: All options open for Iran

Cheney: All options open for Iran thumbnail

U.S. Vice President Dick Cheney on Saturday renewed Washington’s warning to Iran that “all options” are on the table if the country continues to defy U.N.-led efforts to get Tehran to abandon its nuclear programs. At a joint news conference with Australian Prime Minister John Howard, Cheney also said that Washington was “comfortable” with Britain’s […]


Sequel to gasoline

Sequel to gasoline thumbnail

Peak oil. Heard about it? It is supposedly the biggest nightmare of our times – or, at least, it’s going to be. If that’s not made you sit up and think, this will! Peak Oil will be circa 2011 AD. That’s another five years from now. indiatimes


Saudi Arabia to Hike Gas Exploration on Demand Surge

Saudi Arabia to Hike Gas Exploration on Demand Surge thumbnail

Saudi Arabia is gearing up to meet surging domestic demand for natural gas that is key to sustaining its industrialization drive, experts say. To overcome the gas bottleneck, Saudi Aramco has launched an aggressive investment program that involves fast-tracking the estimated $10 billion development of the Karan gas field, located offshore in the Persian Gulf […]


Solar World: China becomes a growing force

Solar World: China becomes a growing force thumbnail

‘Thin film will be the future,’ solar energy markets expert J. Peter Lynch told United Press International, referring to an emerging type of solar technology that relies on much thinner solar panels than the traditional black panels on many rooftops today. ‘As more and more Chinese (thin film) companies (go) public, they will drive prices […]


Shell delays decision on oil shale production

Shell delays decision on oil shale production thumbnail

A decision by Royal Dutch Shell on whether to begin commercial oil shale development won aspendailynews gjsentinel


President Bush Promotes Goal of 20% Reduction in Gasoline Use

President Bush Promotes Goal of 20% Reduction in Gasoline Use thumbnail

Over the past two days, President Bush promoted the goal of reducing US consumption of gasoline by 20% with a visit to Novozymes in North Carolina to discuss cellulosic ethanol and with a White House meeting with a small group of alternative fuel entrepreneurs and scientists and display of electric and plug-in hybrid vehicles on […]


PG&E eyes power grid plan to boost electric cars

PG&E eyes power grid plan to boost electric cars thumbnail

California’s biggest utility, Pacific Gas & Electric Co., is considering a plan to charge fleets of battery-powered cars overnight with wind energy and let consumers sell back some of the stored electricity during the day. yahoo


Climate Change, Peak Oil and Nuclear War

Climate Change, Peak Oil and Nuclear War thumbnail

Damocles had one life threatening sword hanging by a thread over his head. We have three: The awakening public now know that climate change is real and human caused but still grossly underestimate the seriousness of the danger, the increasing probability of extinction, and how close and insidious this danger is – runaway climate change, […]


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