…Some of the lessons are obvious. “Those suppliers who are 100 percent rail will probably diversify their supply,” said Jamie Py of the Maine Oil Dealers Association. “Smaller- and medium-sized dealers are looking to put in storage to prevent these situations.” Maine, which gets 60 percent of its propane by rail, saw problems arise almost […]
RENNES, France – Tens of thousands of people filled the streets of five French cities Saturday to protest plans to build the next generation of nuclear reactors. The simultaneous protests organized by Get Out Of Nuclear, a collective made up of hundreds of associations, was intended to raise the prominence of the issue in the […]
The Ministry of Land and Resources recently confirmed that the Puguang Gas Field in Southeast China’s Sichuan Province has become the country’s second largest, with verified reserves reaching 356.072 billion cubic meters. …”About 70 to 80 percent of China’s oil and natural gas resources have not yet been detected,” Liu said. “The new oil and […]
Venezuela is certifying new oil fields in the Orinoco Strip so that the country can become the world leader according to its hydrocarbon reserves. Statistics from the Energy and Oil Ministry show that Venezuela However, Energy and Oil Minister Rafael Ramirez pointed out that 50 billion barrels will be certified in that region by December […]
Fertile, charred soil created by pre-Columbian peoples sustained surprisingly large settlements in the rain forest. Secrets of that ancient “dark earth” could help solve the Amazon’s ecological problems today …Creating new terra preta in the Amazon today would have several advantages, Lehmann says. First, because the enriched soil remains fertile for a long time, its […]
As demand for the alternative fuel drives corn prices up, an unlikely assortment of groups are uniting with the hopes of cutting government support Paul Hitch has spent his entire life raising cattle and hogs on a stretch of the Oklahoma panhandle he says is “flat as a billiard table.” His great-grandfather started the ranch […]
China houses 21% of the world’s people. Keep that ratio in mind. To provide its people with their current living standard, China has the following resources to call on: 7% of the world’s freshwater reserves, 11% of the world’s primary energy supply, 7% of the world’s arable land, 6% of the world’s roads and 2% […]
In 2100, mussels are expected to calcify their shells 25 percent slower than currently; oysters, 10 percent slower. This will be caused by the continued release and accumulation of carbon dioxide in the air: one third of it will be absorbed by the ocean water, thereby making it more acid. Scientists of the Netherlands Institute […]
What if I told you that we already have everything we need to resolve the crisis of global warming, except action? Would you believe me? How about believing two Princeton University economists? Stephen Pacala and Robert Socolow announced in August 2004 that “humanity already possesses the fundamental scientific, technical, and industrial know-how to solve the […]
As Russia will transfer to market gas and power prices, Gazprom will be able reap profits from power energy sales on the retail and wholesale markets. Heads of Gazprom and RAO UES Alexey Miller and Anatoly Chubais agreed earlier this month that in 2010 the Russian gas giant will sell to the power grid half […]
“Gas OPEC” to be Created in Doha Next MonthKommersant has learned that last week some of the world’s leading natural gas exporters reached a final agreement on the creation of a so-called “gas OPEC.” The consortium of gas-rich countries, which at the moment includes Russia, Iran, Qatar, Venezuela, and Algeria, is due to be formally […]
As observers outside of China warn of a looming Chinese endgame in global energy assets, manipulated by Beijing, leading policymakers inside of China are facing considerable challenges governing major energy companies — especially those that the state owns. Chinese President Hu Jintao’s recent tour of African states and rumors of the first Chinese takeover of […]
The quest for energy security has become the primary and most immediate strategic concern of Asia’s two rising giants, India and China. The Middle East will soon feel the full force of this growing competition. China’s and India’s blazing 9% plus economic growth rate has pushed them well beyond their original estimates of energy needs, […]
Oil and gas exports, the bread and butter of the national economy, look to have gone a bit stale. The reasons are threefold: a strong ruble, a suffocating tax regime, and an oil price driven down by plenty of global supplies, analysts said. As this sector represents some 65 percent of both exports and the […]
With China using 15 percent of the energy consumed in the world to produce 5.5 percent of the global GDP, it’s imperative the country move from a high energy-consuming economy to one that provides for more sustainable development, said Ma Kai, head of the National Development and Reform Commission on Sunday.Ma says new ideas on […]
Mexico’s state oil monopoly is in “critical” condition and needs to boost exploration and seek outside expertise to replenish oil reserves that are currently set to last less than a decade, energy officials said Sunday. President Felipe Calderon, however, said during a ceremony marking the 69th anniversary of the nation’s oil nationalization that there are […]
These are costly projects of last resort theglobeandmail
Israel and the U.S. are conducting a large-scale missile defense exercise aimed at combining their systems, American and Israeli officials said Sunday, as both countries warn that Iran could obtain nuclear weapons and long-range missiles. The operation, code-named “Juniper Cobra,” is taking place in the Negev desert in southern Israel with thousands of American and […]
It’s easy for eco-focused investors to get drawn into the hoopla. A scan of the landscape of publicly traded alternative-energy companies shows thrilling and exotic possibilities. Depending on which eco-conscious pundit is talking, an investor is bound to wonder if the U.S. economy might one day run on wood chips, algae, corn, hydrogen, manure, clean […]
frightening number was released by the labor department on March 15. February prices for cattlenetwork
Rating agency Fitch expects the gross domestic product (GDP) growth of major global economies to slow by 0.6% to 2.7% in 2007, led by the likely slowdown in the US. The slowdown rate, however, is expected to be indiatimes
So what is the point? In Turkey, there is a popular protest against high oil prices. Some drivers stick print outs like : turkishweekly
“Southwestern Energy has a large program kicking off” in the Fayetteville, Party said. “They’ve seen production grow from 9 million cubic feet at the beginning of 2006 to 100 million cubic feet at the end of 2006 in the Arkansas portion of the play.” There is also a new shale play being actively developed in […]
Although others and I have repeatedly written about the reasons behind the Iraq invasion, people tend to forget. And people who forget tend to repeat the same mistake over and over again. The invasion of Iraq was not because of WMDs. It was about oil and Israel. Today the US is on the verge of […]
You can hardly open up a major newspaper without encountering the latest hype about biofuels: they’re going to save oil, reduce pollution and prevent climate change. Several well-respected analysts have raised serious concerns about the rapid diversion of food crops toward the production of fuel for automobiles. ecommercetimes
CO2 Solution Inc., developers of a technology and process that converts carbon dioxide to bicarbonate ions, has signed a license option and technology development agreement with Babcock & Wilcox (B&W) to further the development of its process. greencarcongress
Fish stocks around the globe are dwindling. More than 1.000 fish species are included in the IUCN Redlist of endangered species. Among these, North Atlantic cod and salmon, swordfish, most species of sharks and rays, sturgeon and Bluefin tuna. 30% of the stocks are either depleted or overexploited and at least 20% are data deficient. […]
…Even more puzzling is that all OPEC nations, together, have not admitted to diminishing oil reserves. Saudi Arabia produced nearly 55 billion barrels of oil between 1988 and 2004, practically all of which was exported. Despite this outflow, and no appreciable new finds, the Saudis still estimate a reserve of 262 billion barrels today, about […]
Oil has shaped our twenty-first century civilization, affecting every facet of the economy from the mechanization of agriculture to jet air travel. When production turns downward, it will be a seismic economic event, creating a world unlike any we have known during our lifetimes. Indeed, when historians write about this period in history, they may […]
Urenco, the nuclear fuel company, is set to reveal record profits this week on the back of soaring uranium prices. The company, which enriches uranium for power stations, is expected to confirm a burgeoning order book when it announces its annual results on Tuesday. Soaring prices of the metal, which hit record highs earlier this […]
Oil News Categories
Recent Board Topics
Archive
LATEST NEWS HEADLINES

Member Comments
PO Real Time
No tweets available