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News from February 2007

DuPont teams up on Iowa biofuel plant

DuPont teams up on Iowa biofuel plant thumbnail

DuPont Co. is licensing technology to a company that will build a cellulosic ethanol plant in Iowa within the next four to six years, company officials said Wednesday. “It would be the first plant of its kind in the U.S.,” said John Ranieri, DuPont Biofuels vice president and general manager. delawareonline


Higher renewable energy standard will create jobs

Higher renewable energy standard will create jobs thumbnail

Raising the state’s standards for electricity produced by renewable energy will create thousands of new jobs and increase Colorado’s gross domestic product by nearly $2 billion, Gov. Bill Ritter said Thursday. summitdaily


Oil Shock Potential Reduced

Oil Shock Potential Reduced thumbnail

You could say that mid-2005 to mid-2006 was one big oil shock. However, comparisons to the 1970s highlight that the famous oil shocks of that time were supply-side Much was made of the northern hemisphere’s warm start to winter. While warm weather quickly turned to cold, the significance of the warmth was that supplies that […]


Are Future Reserves Out of Our Reach

Are Future Reserves Out of Our Reach thumbnail

AMSTERDAM, The Netherlands – On the opening day of the SPE/IADC Drilling Conference & Exhibition, Sjoerd Brouwer, conference chairman, assembled a plenary session panel of industry leaders to debate whether reserves are in fact beyond our reach. The panel included Saleh Al-Dawas of Saudi Aramco, Roelof Platenkamp of Shell E&P, Chris Reddick with BP and […]


In Far North, Peril and Promise

In Far North, Peril and Promise thumbnail

Great Forests Hold Fateful Role in Climate Change PINE FALLS, Manitoba — Here on the edge of the silent and frozen northern tier of the Earth, the fate of the world’s climate is buried beneath the snow and locked in the still limbs of aspen trees. Nearly half of the carbon that exists on land […]


The Year of the Pig and the Coming Trip to the Slaughterhouse

The Year of the Pig and the Coming Trip to the Slaughterhouse thumbnail

While the Chinese celebrate the year of the pig, the …Oil was the latest victim of investor momentum, also known as


Rising Prices of Calif. Crude Consistent with Market Changes — GAO

Rising Prices of Calif. Crude Consistent with Market Changes — GAO thumbnail

Price differences between California heavy crude and benchmark West Texas Intermediate (WTI) are “consistent” with changing market conditions and apparently not the result of price manipulation, according to a Government Accountability Office report released yesterday. Two California lawmakers had asked GAO to explore the issue due to concerns about possible price manipulation, which arose as […]


Lakes beneath Antarctic ice sheets initiate & sustain flow of ice to ocean

Lakes beneath Antarctic ice sheets initiate & sustain flow of ice to ocean thumbnail

Geophysicists Robin Bell and Michael Studinger from the Lamont-Doherty Earth Observatory, a part of The Earth Institute at Columbia University, led a team that discovered four large, subglaical lakes that for the first time the link these water bodies locked beneath miles of ice, to fast flowing ice streams in Antarctica. Together with colleagues from […]


Bush asked to help states fund fuel aid

Bush asked to help states fund fuel aid thumbnail

WASHINGTON – A coalition of U.S. senators yesterday asked the White House to release $200 million in emergency funding for home heating because states are running out of money, and winter is far from over. In Springfield, Mary Anne Kobylanski, the fuel aid director at the New England Farm Workers Council, said that 1,900 households […]


Maryland House Approves Cut in Car Pollution

Maryland House Approves Cut in Car Pollution thumbnail

Higher Gas Mileage Would Be Required The House of Delegates overwhelmingly approved legislation yesterday that could make Maryland the 12th state to force carmakers to slash emissions thought to cause global warming. Senate leaders predicted approval of a similar bill this week, and Gov. Martin O’Malley (D) has pledged to sign the legislation.The stricter standards […]


Oil Prices: What Next?

Oil Prices: What Next? thumbnail

Where do oil prices go from here? Up, reckons David Guthrie. And heres why… Three years ago, I remember seeing a fund manager being interviewed on CNBC, the financial news network. He suggested that the price of oil was going up to $100 per barrel. The interviewer spluttered at such alarmist talk and was at […]


China plans to cut water consumption

China plans to cut water consumption thumbnail

BEIJING (AFP) – China plans to cut its average water consumption by 20 percent by the end of 2010 in an effort to avert a looming shortage crisis, state media reported Thursday. Double-digit economic growth and a growing population are putting a heavy strain on China’s limited water resources, and the consequences are beginning to […]


Pipeline building hurdles cleared

Pipeline building hurdles cleared thumbnail

ATLANTA – A Senate panel cleared the way Wednesday to give petroleum pipeline companies more power to seize land along existing pipelines. If the bill is approved, pipeline companies would no longer have to meet a series of hurdles imposed in 1995 if the construction is within 75 feet of current lines.Supporters of the measure […]


Homemade Hydro Power Lights Up Tajikistan

Homemade Hydro Power Lights Up Tajikistan thumbnail

Tajikistan’s eastern Gorno-Badakhshan region had until recently largely escaped the energy crisis gripping the rest of the country. But on the night of February 5 the lights went off following an accident at the local power station that flooded the turbine room and shut down vital equipment. It’s not yet clear how long it will […]


Report warns water crisis looming in arid Southwest

Report warns water crisis looming in arid Southwest thumbnail

DENVER Rising population “will inevitably result in increasingly costly, controversial and unavoidable trade-off choices” in sharing the Southwest’s most precious natural resource, the report says. The Colorado River Basin includes seven states: parts of California, the nation’s biggest farm producer; Wyoming, and five of the 12 fastest-growing states: Nevada, Arizona, Colorado, Utah and New Mexico. […]


Imperial rations gasoline to Ontario Esso stations

Imperial rations gasoline to Ontario Esso stations thumbnail

CALGARY, Alberta (Reuters) – Gasoline shortages following a refinery fire has forced the closure of nearly a fifth of Imperial Oil Ltd.’s 400 company-owned Esso service stations in Ontario, as the company rations supplies to dealers. Gasoline prices in Toronto, Canada’s biggest city surged, according to one Web site, and Imperial’s competitors are struggling to […]


Carbon offsets ‘harm environment’

Carbon offsets ‘harm environment’ thumbnail

The current trend for “offsetting” carbon emissions by planting trees is doing more harm to the environment than good, MPs have been told. The public is being “seriously misled” by companies peddling carbon offset schemes, campaigner Jutta Kill told the environmental audit committee. The schemes did not reduce emissions and simply gave industry a “licence […]


South Africa: Country Gears Up to Start Enriching Uranium

South Africa: Country Gears Up to Start Enriching Uranium thumbnail

Minerals and Energy Minister Buyelwa Sonjica said yesterday SA would launch a uranium-beneficiation programme before year-end to tighten control over uranium reserves to secure nuclear fuel supplies for SA’s growing electricity needs. Sonjica said plans were on track to declare uranium a “strategic mineral”. That need not restrict South African uranium-mining companies from exporting their […]


Dutch Employers Fear Cost of New Govt’s Green Drive

Dutch Employers Fear Cost of New Govt’s Green Drive thumbnail

The new Dutch cabinet’s green proposals, including higher taxes on fuel and air tickets, will hurt business and are best dealt with on a European level, the head of the country’s main employers’ group said on Wednesday. “We are afraid of new green taxes, for example on cars, fuel and all kinds of environment taxes […]


Gazprom Returns Gas to Russia

Gazprom Returns Gas to Russia thumbnail

For the first time in six years, Russia is intentionally lowering the export of its natural gas (by 3.7 billion cubic meters as compared to 2006), so as to direct the gas into Russia’s regions. In the pre-election year, Gazprom head Alexei Miller guarantees that 62 percent of Russian territory will be gasified, instead of […]


EU plans more aid for ASEAN energy program

EU plans more aid for ASEAN energy program thumbnail

The European Commission (EC) has pledged to further support ASEAN countries in the development of renewable energy after the existing partnership agreement comes to an end this month.With the end of the five-year EC-ASEAN Energy Facility program (EAEF) now in sight, the commission’s first secretary Ronan Mac Aongusa said Wednesday in Jakarta that the next […]


Nepal: Solar energy promises to provide a viable alternative

Nepal: Solar energy promises to provide a viable alternative thumbnail

In Nepal , 7 percent of the population has the access to alternative energy. There are roughly 100,000 micro hydro plants in the country (micro means less than 100 kw capacity). Around 50,000-55,000 households use solar energy. These two sector constitute 3.4 to 4 percent of the population. And then, 1,32,000 households use biogas, which […]


Non-OPEC nations gain power on energy front

Non-OPEC nations gain power on energy front thumbnail

If gasoline prices have you muttering curses at OPEC during each fill-up, maybe you should just say nyet. With global oil output barely covering demand, Russia and other countries outside the Organization of the Petroleum Exporting Countries are wielding more sway. They’re affecting the price of oil and everything made from it. Indeed, when world […]


The Peak Oil Crisis: CERA Week 2007

The Peak Oil Crisis: CERA Week 2007 thumbnail

If you are in the energy business then “CERAWeek,” a convention in Houston put on by the energy consulting firm Cambridge Energy Research Associates (CERA), was the place to be last week. Attending this “world renowned event” were some 1,600 “CEOs, sheiks, professors, analysts and energy decision makers,” who paid up to $5,500 to listen […]


Unconventional oil: Think of the volumes, not the quality

Unconventional oil: Think of the volumes, not the quality thumbnail

For decades, doomsayers have wailed that we are running out of oil, and economists have replied smugly that price rises would always bring forth extra supply. A new report from the consultancy, Wood Mackenzie, suggests that both may be right and that will lead to some difficult choices. Wood Mackenzie’s report identifies 3,600bn barrels of […]


Cuba’s known for cigars now, but oil could change that

Cuba’s known for cigars now, but oil could change that thumbnail

One day soon — possibly before the end of this year — an oil rig will maneuver into position in waters less than 100 miles from the coast of Florida. A drill will plunge into the inky sea and begin chewing its way into the ocean floor, hunting for oil. But the drilling rig won’t […]


Expert: Ethanol industry will grow

Expert: Ethanol industry will grow thumbnail

The fast-growing ethanol industry will attract more private investment and public subsidies, the president of the Renewable Fuels Association said Tuesday at the National Ethanol Conference. Iowa is the No. 1 ethanol-producing state, making about 25 percent of the 4.9 billion gallons of ethanol made in the United States last year. Fifteen ethanol biorefineries opened […]


Climate Change: Is It Prudent to Wait?

Climate Change: Is It Prudent to Wait? thumbnail

There are two schools of thought on the timing of steps to mitigate global climate change. One is to wait until new technology is developed. The other is to take meaningful steps right away. fpif


Iran Refuses to Budge on UN Demands

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Iran called Wednesday for talks with the United States – but despite a U.N. Security Council deadline did not budge on council demands that it mothball its uranium enrichment program or face harsher sanctions. Amid Iran’s nuclear defiance, the U.N. nuclear watchdog finalized a report to be released Thursday that is expected to formally confirm […]


We Can Drive On Solar Power Now

We Can Drive On Solar Power Now thumbnail

Electric can replace gas in cars; but not if GM and Chevron have their way. An electric car is much more efficient than a gasoline car. The reason is simple: there is basically only one moving part, the motor rotor, on an electric car, and it’s going in the right direction — same as the […]


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