US$50M for another ethanol plant using Dominican sugar cane

The United States-based company Tampa Energy plans to invest US$50 million to install a sugar cane ethanol plant in the Dominican Republic, that would be operational as of next year. The fuel derived from sugar cane would be exported to the United States to be mixed with gasoline, according to company executive Arturo McDonnell quoted […]

New Maps May Unlock Giant ”Heavy Oil” Reserves, Expert Says

Some of the world’s largestNationalGeographic

Oil, shipping gain as Arctic warms

Global warming, blamed for melting polar bears’ icy Arctic habitat, could be a boon to the shipping and oil industries in the far North, according to a new U.S. report. The dramatic decrease in sea ice above the Arctic Circle means formerly impenetrable shipping routes are now or soon could be open for much of […]

Rising Sea Levels Threaten Indian Islands

Sheikh Alauddin, like hundreds of other residents living on West Bengal’s Moushuni island, has never heard the term “global warming”. But he is living with its consequences. “At night we just pray to God, and hope the sea does not drown us,” the 60-year-old told Reuters in Poilagheri village on the sparsely-populated island, part of […]

Many Major Rivers in Danger of Drying Out – WWF

Many major rivers in the world are at risk of drying out because of climate change and dam construction, which could affect fresh water supplies and marine life, the global nature protection body WWF said on Tuesday. In a report ahead of the March 22 ‘World Water Day’, the Swiss-based group identified 10 rivers, including […]

Switchgrass: Ideal for Biofuel?

In the quest for economically viable cellulosic ethanol, switchgrass has garnered attention as a hardy, low-cost energy crop. While cellulosic ethanol is still agreed to produce emissions benefits over corn-based ethanol, and while the adaptability of switchgrass to different growing conditions remains one of its virtues, some farmers who have grown switchgrass say the crop’s […]

South Africa, Russia explore energy ties

South Africa is considering helping Russian state oil firm Rosneft and gas giant Gazprom in making liquid fuel from natural gas or coal, a cabinet minister said on Monday. South Africa’s Mining and Energy Minister Buyelwa Sonjica said that PetroSA officials would hold technical talks on its gas-to-liquid (GTL) technology with the two Russian firms, […]

China’s economy energy consumption is “unsustainable”

China in 2006 consumed 15% of the world’s energy to produce 5% of the global GDP, a situation described as “unsustainable” by Deputy Prime Minister Zeng Peiyan in an interview with “China’s daily”. The current Chinese development model is based on high energy and resources consumption and if changes are not introduced, “the world’s fourth […]

It’s STILL the oil: Secret Condi Meeting on Oil Before Invasion

By Greg PalastAnd that was the plan: putting a new floor under the price of oil. I’ve have that in writing. In 2005, after a two-year battle with the State and Defense Departments, they released to my team at BBC Newsnight the “Options for a Sustainable Iraqi Oil Industry.” Now, you might think our government […]

Kremlin May Force BP To Share Oil Venture

BP has warned western investors that it could soon be forced to share control of its highly profitable Russian joint venture, TNK-BP, with a Kremlin-controlled energy group such as Gazprom or Rosneft. The change could come after the end of a “lock-in” period in December when its local private partners, the Alfa and Access/Renova groups, […]

Angola, one of the poorest places on Earth, is an oil industry darling

In recent years, Angola has become the fastest growing source of oil supplies to the United States. By 2010, West African producers will account for one of every three new barrels pumped around the world. By 2015, the United States will import a quarter of its oil from Africa, up from 15 percent today.Angola’s promise […]

Canada to end oil sands aid, add green-car rebates

Canada’s minority Conservative government, pressured to do more on the environment, will phase out some oil sands tax incentives, introduce rebates for hybrid vehicles, tax gas guzzlers and subsidize renewable fuels. The opposition New Democratic Party, which has enough votes to keep the Conservatives in power, had made eliminating accelerated capital cost allowances for oil […]

Investors Managing $4 Trillion Call on Congress to Tackle Global Climate Change

For the first time, dozens of institutional investors managing $4 trillion in assets today called on U.S. lawmakers to enact strong federal legislation to curb the pollution causing global climate change. Joined by a dozen leading U.S. companies, the investor group outlined the business and economic rationale for climate action as they called for a […]

Animal Fats into Jet Fuel

A team of NCSU scientists and engineers says it has developed a biofuels technology capable of converting animal fats – including lipids from dead chickens, hogs and cattle – into fuel for commercial airliners and fighter jets. The technology thepigsite

Venezuela, Algeria, Qatar, Iran and Russia are launching ”gas OPEC”

Five of the world’s largest oil producing countries -Venezuela, Algeria, Qatar, Iran and Russia- are launching an “OPEC of gas” during an energy conference to be held next April 9 in Doha, Monday said Russian Kommersant newspaper quoting Arab diplomatic sources. ElUniversal

Department of Energy Submits $23.6 Billion Spending Plan to Congress for FY

U.S. Department of Energy (DOE) today submitted the Department presszoom

Norway: Arctic reserves are key energy supply

Vast petroleum reserves in the Arctic are a key source of world energy, but development must also protect the fragile cold-weather environment and curb greenhouse gases, Norway’s oil minister said Monday. “If the U.S. Geological Survey is right, 25 percent of the world’s undiscovered petroleum reserves could be found in the Arctic. Thus, the Arctic […]

OPEC “Complacency” To Send Oil Price On Upward Spiral

The decision by the Organization of Petroleum Exporting Countries to maintain its current output policy Thursday could lead to a sharp spike in oil prices, warned the London-based Centre for Global Energy Studies Monday. cattlenetwork

Plenty of Nukes

So what’s my point? First, when assessing threats, all but fools look at capability, not intentions or rhetoric. Russia has the capability of wiping us out. Iran would be hard-pressed to sink one destroyer. Therefore, it would behoove us to put good relations with Russia very high on a diplomatic agenda. Yet, on the contrary, […]

Iran must have the Bomb

The proposed new package of United Nations sanctions against Iran is far from being the breakthrough it has been hailed. The world’s fourth-largest oil producer has little to fear from modest economic restrictions. If Iran wants nuclear weapons, it is going to get them. The indications are that it does want them, and with good […]

Rivers run towards ‘crisis point’

Some of the world’s major rivers are reaching crisis point because of dams, shipping, pollution and climate change, according to the environment group WWF. Its report, World’s Top 10 Rivers at Risk, says the river “crisis” rivals climate change in importance. bbc

A Tornado Swells on the Horizon of the Global Economy

If we manage to topple the entire house of cards that is commodity pricing, perhaps we won seekingalpha

Shell eyes other oil sands firms

Anglo-Dutch giant Royal Dutch Shell may be considering deals or takeovers of Canadian oil sands players that need access to refining, the National Post reports. Last Friday, Royal Dutch took over Shell Canada Ltd. and analysts quoted by the newspaper as saying its next logical target could be Western Oil Sands Inc., a partner in […]

Reversal of Fortune

…Which means, according to new research emerging from many quarters, that our continued devotion to growth above all is, on balance, making our lives worse, both collectively and individually. Growth no longer makes most people wealthier, but instead generates inequality and insecurity. Growth is bumping up against physical limits so profound It was the great […]

Kampala to close diesel plant and switch to heavy fuel

In a bid to curb escalating power tariffs, the Uganda government is expected to close down one of its automotive diesel oil plants in nine months and replace it with a 50 Megawatt heavy fuel oil plant, to be built at Namanve, outside Kampala, The EastAfrican has learnt. The government is currently procuring the 50MW […]

Making fuel from corn – a good/bad thing for local farmers

A rising demand for ethanol, a fuel additive created from corn, has caused corn prices in Missouri to jump from $2 in 2006, to nearly $4 a bushel recently. And while this has been a boon for corn growers, other agricultural industries are hurting. Most of the corn grown in the United States is used […]

USELESS EATERS, NOW AND WHEN

LIVING WITH DEPLETING RESOURCES …Statistics seem to indicate that the mechanized life United States citizens have enjoyed through the Twentieth Century cannot be exported to the remainder of the world without depleting the limited earthly resources that are needed to produce it. Our worldOne Christian group has evaded the clutches of mechanization and centralization by […]

Uganda: Diesel shortage hits city

THERE is a shortage of diesel and other petroleum products in the country. Total Uganda on Friday advised its clients to plan their travel arrangements carefully. Most of the city

The Oil Drum EU: Saudi production laid bare

A couple of weeks ago I made a comment saying that we needed data on producing wells and drilling history in order to further analyse Saudi oil production. In answer to my wish, I found the OPEC Annual Statistical Bulletin which contains all this information – well almost. So is Saudi production about to nosedive?Much […]

Iceberg Dead Ahead Captain

So what similarities can we draw from the Titanic

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