Paper: Iran’s oil production is drying up

A report in today’s Wall Street Journal paints a picture of an Iran in the early stages of an energy crisis. Although long considered an energy giant, the Persian Gulf country is facing the prospect of an oil output crash within a decade, and it may start rationing gasoline next month.Bill Spindle writes in the […]

Scientists Testing New Natural-Gas Fuel Tank

Scientists in America’s heartland are hard at work on a new fuel tank that may help natural gas become more attractive to consumers, especially in smaller vehicles. The low-pressure tank is undergoing road tests here in a pickup truck. The technology includes baking corncobs into carbon briquettes and then using the briquettes to store natural […]

BP drills test well in Alaska for gas hydrates

BP Exploration (Alaska) Inc has completed a well drilled to help test whether it may be feasible to tap some of Alaska’s vast gas hydrate reserves, the unit of BP Plc said yesterday. The well, drilled at BP’s Milne Point oilfield, was part of a federal Department of Energy programme evaluating the approximately 450 trillion […]

Patent Pending on Full-Scale 2.5 kW Wind Turbine

According to a recent article published in O’Brien & Gere’s corporate magazine Portfolio, two key technical hurdles need to be tackled for wind to become a truly viable source of renewable energy. First, more power must be extracted from areas with less wind. This is important because the majority of the U.S. population lives in […]

Gas restrictions ‘to cost US trillions’

US consumers could pay an extra $1 trillion in natural gas costs over the next 14 years because of drilling restrictions on federal lands and a delay in building an Alaskan gas pipeline, an industry group said today. upstreamonline

New Iraq Oil Law To Open Iraq’s Oil Reserves to Western Companies

What would this new law mean for Iraq? With me now from Washington DC is Raed Jarrar – He is the Iraq Project Director for Global Exchange. He has obtained a copy of the proposed oil law which he translated from Arabic and posted on his website. democracynow

Global Roundtable on Climate Change Calls for Post-Kyoto Framework

A group of more than 85 companies and organizations from around the world greencarcongress

EPA Releases Draft 2007 Greenhouse Gas Inventory

The transportation sector in the US accounts for approximately 33% of total greenhouse gas emissions from fossil-fuel combustion, and again represents the largest share of any end-use economic sector, according to a just-published draft of the US Greenhouse Gas Inventory by the Environmental Protection Agency (EPA). (End-use sectors are transportation, industrial, commercial and residential.) greencarcongress

A Long Wave With an Open Future

xigi

Gas shortage hits Imperial Oil

Imperial Oil Ltd. has called on the Ontario public not to engage in panic buying after a recent blaze at one of its refineries resulted in temporary gas shortages at 75 of the company

U.S. Solar Energy Demand to Triple

CLEVELAND Consumers are also becoming more interested in solar power as a result of concerns about the expense and volatility of oil and other conventional energy supplies. Among the various government initiatives currently in place, the study says metering programs, in which consumers can earn energy credits by selling excess solar energy back to their […]

Weak oil theory

After months of shadowboxing with the fanciful spectacle promised by Peak Oil Theory — conventional world reserves are running out and prices will soar — now may be the time to move on to another, more realistic perspective. A number of analysts are gearing up for a major oil-price correction, one that could drive a […]

Saudis’ cutbacks raise oil concerns

Some question country’s reserves Drivers who remember those $3-a-gallon days of the past two years, be warned. Oil prices are up and the world’s biggest producer has been cutting back No one outside the kingdom really knows for sure, but some oil experts think the Saudis’ oil reserves may not support increased production. Official Saudi […]

Venezuela’s Real Enemy

Taking a page from the Nigerian playbook, the menacing voices of al Qaida barked again last week. Once again they reiterated their threat to drain the West of the oil it needs to survive. In a statement posted on an al Qaida website, the group urged its fellow Muslim militants to attack oil facilities all […]

It isn’t gridcrash that makes the lights go out

There’s been some interesting discussion since the revision of the Olduvai Hypothesis about gridcrash and blackouts as a likely indicator of infrastructure crisis. Personally, I don’t really have a strong opinion about whether the grid as a single entity will live or die. …But what I do have a strong opinion on (you knew there […]

CERA: High Rig Costs, Tight Labor Markets to Support Gas Prices

Rising rig costs and a tight pool of qualified labor are likely to support natural gas prices over the next two years, according to Michael Zenker, head of global gas for Cambridge Energy Research Associates. “Rig rates climbed 30% per year in 2003, 2004 and 2005,” Zenker said in an interview at CERA’s annual energy […]

Robert Newman’s History of Oil

British comedian Robert Newman’s humorously insightful perspectives on oil and how the world became addicted. Did you know that World War One actually started because of Iraqi oil? That’s right… or at least that’s comedian Robert Newman’s take on history, which would appear to be supported by the oft-ignored footnotes of history. In fact, some […]

Is U.S. near a tipping point on global warming?

WASHINGTON (Reuters) – U.S. policy on global warming seems headed for a tipping point, with politicians, business leaders and economists joining environmentalists to call for new laws to limit greenhouse gases that spur climate change. So far, the Bush administration has rejected these calls, but has been at pains to stress its commitment to dealing […]

Bright idea? Australia pulls plug on light bulbs

SYDNEY (AFP) – Australia has announced plans to ban traditional light bulbs in a move Prime Minister John Howard called a practical step toward slowing climate change. Claiming a world first for a national government, Environment Minister Malcolm Turnbull said incandescent lightbulbs would be phased out by 2010 in favour of the more fuel-efficent compact […]

Pollution chokes Ulan Bator skies

Mongolia is known fondly as the Land of Blue Sky by those who live here, but in the winter months the capital Ulan Bator is often shrouded in dense smoke. Ulan Bator’s famous blue skies are turning to grey The city lies in a valley surrounded by mountains, so grey clouds of smoke can get […]

Aim for low world warming despite hardship-World Bank scientist

The world must aim to limit the temperature rise due to global warming to just two degrees Celsius (4 F) despite the near impossibility of achieving it, World Bank Chief Scientist Robert Watson said on Monday. Scientists say that at atmospheric concentrations of 450 parts per million of carbon dioxide — the main greenhouse gas […]

China plans to shut smaller, dirty, power plants

The State Council, China’s parliament, recently endorsed a plan to accelerate closure of the nation’s smaller coal-fired power plants. The plan, developed by the nation’s top two energy policymaking bodies – the Office of the National Energy Leading Group and the National Development and Reform Commission (NDRC) – sets forth concrete targets for decommissioning older […]

IT goes green

The inconvenient truth about IT can be found in a simple equation: at the heart of every computer is a machine that sucks in power, and creates information plus heat. The more IT there is in the world, the more power is consumed and heat expelled. It’s a basic law of physics. But in a […]

Energy solution is growing on trees

Some influential politicians appear dazzled by the nuclear option as the solution to reducing greenhouse gas emissions. By contrast, many Organisation for Economic Co-operation and Development countries have turned from nuclear to another option of base-load power that has been effectively ignored here. Sweden, Finland, Austria, Britain and Germany, among others, are investing heavily in […]

Russia Lowers Economic Growth Forecast, Cuts Crude Oil Estimates

Russian Economy Ministry said at its website on Monday, Feb. 19, that Russia will cut its forecast for economic growth this year after lowering its estimate for crude prices. GDP will probably expand 6.05 percent this year, down from 6.2 percent previously forecast, the ministry said. Russian leaders have warned that growth, which has been […]

Australia refused talks on sea levels, island nation says

The Prime Minister of a Pacific island nation in danger of being submerged if sea levels rise, Tuvalu, was rejected by his Australian counterpart when he sought a meeting on the topic, senior Tuvalu officials said. An adviser to the Tuvalu Government’s environment department, Ian Fry, said the Tuvalu Prime Minister, Maatia Toafa, requested a […]

Latin America prepares for prosperity, sparked by biofuel boom

International maize prices, driven up by the burgeoning US ethanol biofuel industry, have soared to their highest in a decade, making farmers in Mexico, Brazil and Argentina feel as if they have just won the jackpot.Maize languished at about Meanwhile, Mexico is also in the top ten. Farmer Rogelio Zacaula grows his newly valuable crop […]

Guilt-Free Pollution. Or Is It?

Some types of carbon-offset initiatives may actually slow the changes aimed at coping with global warming by prolonging consumers’ dependence on oil, coal and gas, and encouraging them to take more short-haul flights and drive bigger cars than they would otherwise have done. Climate Care, for example, has linked up with Land Rover, a maker […]

Russian economics ministry forecasts oil, gas exports growth by 2010

Russia’s economics ministry said Monday it forecasts growth in oil exports to 273 million metric tons (some 2 billion barrels) and natural gas exports to 221.6 billion cubic meters. rian

Iran is months away from enrichment – IAEA

Iran may be six months from being able to enrich uranium on an industrial scale, the head of the United Nations’ nuclear watchdog said. In an interview with Britain’s Financial Times to be published on Tuesday, Mohamed ElBaradei, head of the International Atomic Energy Agency (IAEA), said intelligence estimates put Iran at least five years […]

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