The U.S. Gulf Coast, which is still rebuilding almost two years after Hurricane Katrina, faces a renewed threat of powerful storms this year, private forecaster AccuWeather said on Tuesday. Bastardi also said that storms forecast to hit this year could once again disrupt oil and natural gas operations along the Gulf Coast, driving up energy […]
Oil prices hit a 2007 high this week on tensions over Iran’s nuclear plans and its capture of 15 British servicemen. Analysts fear Iran could seek to impede trade through the Strait of Hormuz if it were threatened or attacked. alertnet
Robert Q. Riley Enterprises, a Phoenix-based design company, recently unveiled a “do-it-yourself” kit for building an advanced hybrid car. For $200, you get the company’s construction plans for a three-wheeled sports car called the XR-3. A completed XR-3 will reportedly deliver between 125 and 225 miles per gallon. A three-cylinder diesel engine powers the front […]
The recent agreement between China’s top forestry authority and one of the nation’s biggest energy giants to develop biofuels plantations in the southwest reflects rising Chinese attention to non-fossil energy sources. But the excitement may come at great environmental loss to the region’s forests and biological diversity, suggesting significant trade offs associated with the renewable […]
Boeing researchers and industry partners throughout Europe plan to conduct experimental flight tests this year of a manned airplane powered only by a 20 kW fuel cell and a lithium-ion battery pack. greencarcongress
A ban on the opening of new uranium mines in Australia is likely to crumble within months, raising the stakes in Asia’s battle to contain nuclear proliferation – and stop regional superpowers manipulating energy supplies. China and India, grappling with energy crises, are leading the race to tap into the world’s biggest deposits of uranium […]
France will probably raise the maximum level of biodiesel that can be blended with standard diesel within a few months, a move key to reaching the country’s ambitious biofuel targets, a farm ministry official said. “We are working on a rise of the blending ceiling. If we raise it to seven percent we should be […]
More than 150 billion rubles ($5.75 billion) will be appropriated for the implementation of a new nuclear energy program in Russia from the draft federal budget for 2008-2010, Russia’s deputy prime minister said Tuesday. Alexander Zhukov said: “[Expenditure on nuclear energy] in 2008 will be triple the amount in 2007, and more than 150 billion […]
Increased production of biofuels such as ethanol may help farmers’ bottom lines and address climate-change concerns, but eventually could lead to a sharp rise in food prices worldwide, a senior economist for former President Bill Clinton said Monday. “Worldwide, especially in developing countries … food price increases are definitely something we’re going to have to […]
Uranium prices are closing in on $100 a pound — a 10-fold increase in five years — and prices could climb sharply higher yet as more governments embrace atomic energy despite dwindling supplies of yellow cake to power the reactors. The spot price for uranium jumped $4 to $95 a pound (lb), according to weekly […]
Mention the word nuclear to an environmentalist and you’ll either hear an eerie silence or see an expression of horror rapidly spread across their face. And, so it seems, partly for good reason. The question the large majority of ecologists and environmental consultants constantly ask when having spent time in the region is why nuclear […]
Oil prices are currently too high and oil producing nations should increase output, the head of the International Energy Agency said on Monday. Asked about the oil price’s rise on Monday to its highest levels so far this year, he told Reuters: “The current price is much too high and OPEC should raise production but […]
This week Al Qaeda issued a threat over the internet, saying “cutting oil supplies to the United States … would contribute to the ending of the American occupation of Iraq and Afghanistan.” The group also called for attacks on petroleum facilities in Canada, Mexico and Venezuela. Prime Minister Stephen Harper responded to the threat saying […]
President Hugo Chavez has won friends at home and abroad with his generous spending on social programs ranging from support for Venezuela’s single mothers to shipments of cheap heating oil to poor Americans from Massachusetts to Alaska. But Chavez’s cash cow, Venezuela’s state oil company, can’t keep paying the price forever. The long-term capacity of […]
President Vladimir Putin’s Kremlin has turned Rosneft, the once-forlorn state oil company, into an energy giant almost entirely by giving Yukos’s assets a fresh coat of paint. On Tuesday, a new phase in that effort began with the auction of the company’s remaining assets, following a declaration of bankruptcy forced by Rosneft. The auction signaled […]
A new engine design could significantly improve fuel efficiency for cars and SUVs, at a fraction of the cost of today’s hybrid technology.For Daniel Cohn, a senior research scientist at MIT’s Plasma Science and Fusion Center, the century-old internal-combustion engine is still a source of inspiration. As he strides past the machinery and test equipment […]
Climate Appraisal Services, LLC, an innovative partnership between scientists at The University of Arizona and the company’s founder, will offer low-cost assessments of climate and environmental risks for any address in the continental United States. The address-based premium report contains information on the possible impacts of global warming, hurricanes, tornadoes, earthquakes, wildfires, drought, floods, industrial […]
LINCOLN – The logistics of collecting and storing a million tons of corn stubble each year for an ethanol refinery are mind-numbing. It would take 67,000 semitrailer loads to haul the baled stubble out of the field. That’s 187 truckloads a day, or one every eight minutes. To complicate matters, the need for trucks, machinery […]
In a courageous effort, a French group has started producing biodiesel in Haiti, one of the poorest countries in the Western hemisphere. Years of mismanagement, political instability, and economic decline have led the hilly island state to the brink of environmental collapse. Haiti is plagued by degradation on an unprecedented scale, with virtually all forest […]
Yesterday’s announcement of a 30 year ethanol supply agreement between Brazilian producer Sao Martinho and Japan’s Mitsubishi Corporation, was echoed today by a cooperation agreement between a major northeast Brazil sugarcane group, Farias, who signed a protocol of intentions with a handful of Chinese investors to build ethanol mills that could process up to 10 […]
(MENAFN) The Iraqi Oil Ministry signed contracts with state-owned and private Iraqi firms to build two oil refineries at the cost of $60 million in northern Iraq, Iraq Directory reported. The project will be established to ease the load on other refineries and meet increasing demands on fuel among Iraqis in all provinces as the […]
DUBLIN (AFP) – Environment ministers from Austria, Iceland, Ireland and Norway said Monday that nuclear power was not the solution to global warming. In a joint statement following a meeting in Dublin, the four ministers from the non-nuclear countries said the “inherent risks and problems associated with the nuclear energy option remain and it can […]
WASHINGTON – Some climates may disappear from Earth entirely, not just from their current locations, while new climates could develop if the planet continues to warm, a study says. Such changes would endanger some plants and animals while providing new opportunities for others, said John W. Williams, an assistant professor of geography at the University […]
Cuban oil officials took foreign geologists and petroleum experts on a tour of the island’s oil and natural gas works on Saturday in hopes of sparking more international interest in investment. Attendees at an earth sciences conference were taken by state oil company Cuba Petroleos to several extraction facilities in a deposit-rich strip along the […]
Last week, Baltimore played host to the GreenTech Conference & Exposition–a convention geared towards facilities managers looking to make their buildings greener and more sustainable. It was there, while attending a breakout session about energy rebates and incentives, that Mark Jewell, founder and president of RealWinWin, an energy efficiency consulting group, offered this query: Should […]
E.U. Energy Commissioner Andris Piebalgs on Monday warned natural gas producers such as Russia and Algeria that if they considered forming a cartel, he would strongly push the development of nuclear power to meet the E.U.’s energy needs. Speaking after a strategic energy review with U.S. officials, including Energy Secretary Samuel Bodman and Deputy Secretary […]
The nation has proven reserves of 15.51 billion barrels of oil equivalent, enough to meet demand into 2016, state-run petroleum giant Pemex said Monday. The proven reserves are 955 million barrels less than reported in 2005. The new figure supposes “that over time there will be no new discoveries nor reclassifications of reserves, and is […]
Woodside Petroleum Ltd., BHP Billiton Ltd. and Santos Ltd. said Monday they have halted production as Cyclone Kara builds off the coast of Western Australia. The Bureau of Meteorology has issued a warning for category three Kara, which is intensifying as it moves southwest towards the coast with winds gusting up to 215 kilometers an […]
…The tight relationship between the crude oil price and the USDollar valuation is historically well known, firmly in place for over three decades. While the United States owns control of the world reserve currency, a delicate PetroDollar linkage factor remains in force. Since large oil purchases are conducted in US$-based transactions, entire banking systems are […]
Several projects are underway to build genuinely green cars that not only run on biofuels, but that are made from plant-based parts as well. Who needs oil when you can go ‘bio’ all the way? A ‘Biocar’ project was launched recently in Canada, whereas in the US a conglomerate of research organisations is working on […]
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