Alstom and American Electric Power to Bring CO2 Capture Technology to Commercial

Alstom and American Electric Power (AEP) signed a Memorandum of Understanding to bring Alstom greencarcongress

QuantumSphere, Inc. to Present Breakthrough Efficiencies in Hydrogen Generation

The presentation titled “Hydrogen Generation via Water Electrolysis Using Highly Efficient Nanometal Electrodes” covers recent research into the effect of the use of QSI-Nano(r) catalysts mixed with larger electrode components to give hydrogen generation efficiencies well above the U.S. Department of Energy’s 2010 targets, and well ahead of the literature to date. The presentation will […]

China: Riots over increase in bus fares

Security is tight in a town in central China following riots that involved as many as 20,000 people. A BBC correspondent in the town, in Hunan province, has seen riot police and soldiers protecting government buildings and patrolling the streets. He says it appears the protests began after a local firm took over the town’s […]

Self-Reliance Promotes Independence and Energy Efficiency

Those who point to globalization and “free trade” as the solution to all economic problems seem quite oblivious of the political dependence, energy waste, and environmental degradation it brings about. They make much of the inexpensive products at Wal-Mart stores and the low-paying jobs created in third-world nations, while ignoring the large amount of fuel […]

‘We should be scared stiff’

Renowned scientist James Lovelock thinks mainland Europe will soon be desert – and millions of people will start moving north to Britain. …Where did we go wrong? “If we were hunter-gatherers and this was a bigger planet we would be all right. But we’re not: we’re farmers and that’s what’s screwed us up. There are […]

Dimwits: Why ‘green’ lightbulbs aren’t the answer to global warming

…In addition to this, lowenergy bulbs are much more complex to make than standard bulbs, requiring up to ten times as much energy to manufacture. Unlike standard bulbs, they use toxic materials, including mercury vapour, which the EU itself last year banned from landfill sites – which means that recycling the bulbs will itself create […]

Ghana: VALCO To Suspend Operations

The Volta Aluminium Company (VALCO) Limited will, with effect from tomorrow, suspend its operations, due to inadequate power supply from the Akosombo Dam. The shutdown, the 11th in the history of VALCO since its establishment in 1967, will result in declaring majority of the 700 labour force redundant. Dr Charles Mensa, Chief Executive of the […]

John Michael Greer: The Amphetamine of the Intellectuals

As the first part of this review suggested, David Korten You can read The Great Turning from cover to cover without finding an answer to that question. Look up

The Oil Drum: Innovation in Hard Times?

When thinking about what happens to society during a difficult time of some kind, one of the sharpest delineators between pessimists and optimists is their belief about the role of innovation. The optimists tend to assume that the can-do creative spirit of humanity will, always and everywhere, solve all problems, and thus the future will […]

2 Italian oil workers freed in Nigeria

PORT HARCOURT, Nigeria – Militants on Thursday released two Italian oil worker hostages who were seized more than three months ago in Nigeria’s restive southern region, militants and officials said. The Movement for the Emancipation of the Niger Delta militants said the two captives seized Dec. 7 were handed over to an Italian journalist visiting […]

Energy crisis aggravating in Tajikistan

DUSHANBE (Itar-Tass) – – Supply of electricity to the Tajik capital has been toughened ever more. Now electricity will be supplied eight hours a day instead of 17 hours as before. The state energy company Barki Tojik has been confirmed this fact on Thursday, stressing that these measures were adopted in connection with the aggravating […]

Oil’s going down, down, down

For reasons I’ve never understood, people love disaster scenarios. Tell them their portfolios will rise 7% this year and their eyes glaze. But say the world economy is teetering on the edge of an abyss and they jolt upright with excitement: “Really? Tell me more!” The best scare story of them all has been about […]

Climate change has parched Aussie farmers looking north

HUMPTY DOO, AUSTRALIA – When the heavens open over the savanna flood plains and billabongs of northern Australia, it seems like it will rain forever. Great black storms march across the landscape, drenching the cattle ranches, national parks, and Aboriginal reserves which make up Australia’s “Top End.” Thousands of miles to the south, however, in […]

China Rebuilds

A road between ChinaWorldwatch

Exxon mulls future in Venezuela

US oil giant Exxon Mobil is considering its future in Venezuela as the country’s president drives through nationalisation plans. Exxon has said it will comply with a decree by President Hugo Chavez to hand over its multi-billion dollar Orinoco reserve operations by 1 May. BBC

Why Is Saudi Arabia

We still have three years and nine and a half months to learn who will win the bet between energy investment banker Matthew R. Simmons and New York Times columnist John Tierney over whether oil prices would be above or below $200 a barrel in 2010. Tierney bet “below” because he believes that over the […]

ICRISAT launches pro-poor biofuels initiative in drylands

The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) is linking poor and marginal farmers of drylands of the developing countries with the global biofuel revolution while strengthening their food and income security. Biopact

Russia clinches Balkan oil deal

The deal caps negotiations that have lasted 13 years.

A Russian consortium will hold a 51% stake in the pipeline. It is expected to be ready in three years’ time.

The consortium brings together state oil firm Rosneft, pipeline monopoly Transneft and a subsidiary of gas giant Gazprom. Bulgaria and Greece will each have 24.5% stakes.

BBC

Energy giants target ethanol unit

China National Petroleum Corp, the nation’s biggest oil producer, and BP Plc are among the companies that are in talks with Guangxi Xintiande Energy Co about buying a stake in the southern China ethanol producer. ChinaDaily

India, Biofuels Will Help Palm Oil Sizzle

Palm oil prices are set to jump more than 20 percent by year-end as global oilseed stocks get depleted and demand from the food and fuel sectors surges, industry officials said on Wednesday. Malaysian palm, which gained almost 40 percent last year, could move slightly downward in the near term, but surging Indian food demand […]

Kuwait looking to natural gas, nuclear options

Kuwait is considering an import terminal for liquefied natural gas, gas imports from Iran and Iraq and nuclear power to help it match soaring demand for electricity, its energy minister said yesterday.As consumers crank up air conditioning units in the summer, power demand could reach as much as 10,000MW, equivalent to Kuwait’s power capacity at […]

Wave energy set to turn the tide

“I wouldn’t open the door just now,” says Jacob Ahlqvist, as a hailstorm drums on the roof of a steel hut at Lyness on the Island of Hoy. Mr Ahlqvist works for Ocean Power Delivery, and at anchor close by is the company’s prototype wave energy device, known as Pelamis. Such developments could be the […]

Africa and European Union form energy partnership

Development ministers of the 27 European Union member states concluded their informal meeting Tuesday with 78 African, Caribbean, Pacific (ACP) states by forming an energy partnership. German Development Minister Heidemarie Wieczorek-Zeul announced the forging of an energy partnership between the nations following their meeting in Petersberg near Bonn, where about 30 ministers represented the ACP […]

Labour crisis could stall oil and gas boom

Management consultants, Booz Allen Hamilton says the oil and gas industry has stretched its resources to breaking point, creating the potential to stall the oil and gas boom that is currently occurring. From the industrial platforms of oil rigs to air-conditioned design offices, the oil and gas industry is confronted with a shortage of brawn […]

BP says oil and gas recovery crucial

Maximising recovery from existing oil and gas fields will be crucial to meeting the world’s growing energy needs as the number of undiscovered fields diminishes and the cost of new exploration increases, according to a BP representative speaking at the 15th Middle East Oil and Gas Show held in Bahrain from March 11-14. “Demand for […]

Trutnev Warns Oil Firms on Slow Eastern Siberian Finds

Oil companies could be punished for not working fast enough to find new reserves in eastern Siberia to fill a new pipeline to Asia, Natural Resources Minister Yury Trutnev said Wednesday. The region has been earmarked by the Kremlin for development to replace reserves in western Siberia, the mainstay of Russian oil production for years, […]

EC Hails Russia’s $1Bln Oil Pipeline Project for Balkans

The European Commission regards a $1 billion oil pipeline construction project in the Balkans as an important one, European official said on Wednesday, March 14, on the eve of Russian President Putin’s visit to Greece, where the pipeline deal with be signed. Russia, Bulgaria, and Greece signed a memorandum on the Burgas-Alexandroupolis pipeline in April […]

OPEC set to continue oil output restraint

OPEC is ready to keep existing oil output curbs when it meets on Thursday, delegates said, but the group is wary recent falls in U.S. equities markets could presage a slowdown in the world’s top energy consumer. Stocks wobbled again on Wednesday as concerns over the impact of U.S. home owners falling behind with mortgage […]

The Precarious Future of Coal

Energy experts from MIT have released a long-awaited report on the future of coal. The report recommends that much more be done to develop technology for decreasing the impact of burning coal on global warming. The report also challenges some conventional thinking about the best way forward. It criticizes current efforts by the Department of […]

IEA: World needs more OPEC oil

Oil stocks in industrialized nations may be headed for their biggest fall in more than 10 years as OPEC production cuts bite, the International Energy Agency said Tuesday, building a case for more OPEC oil. OPEC ministers have begun arriving in Vienna for a meeting Thursday to determine output, with most indicating they expect the […]

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