Savinar and Sundance Deliver On Documentary

A friend to Groovy and always ready with an interesting comment or two, Matt Savinar is reaching out through your television in The Sundance ChannelI launched into a full review over at the green entertainment site, Ecorazzi, but I wanted to put a little more emphasis on this week

The Power of Green

By Thomas L. Friedman One day Iraq, our post-9/11 trauma and the divisiveness of the Bush years will all be behind us Well, I want to rename

Dollar hits 7-year low on Russia’s forex market, continues slide

The US greenback continued losing ground on the Russian foreign exchange market after plunging to a seven-year low of 25.7981 rubles to the dollar in Monday trading. High world oil prices and a widening U.S. foreign trade deficit are the main factors contributing to the dollar’s slide on international forex markets and on the Russian […]

Chavez challenges U.S. with energy summit

Venezuelan President Hugo Chavez will seek to use oil wealth to consolidate regional support for his anti-U.S. politics as he hosts an energy summit of South American leaders on Monday. But the meeting on the Caribbean tourist island of Margarita comes as rifts have emerged across the continent over ethanol, with Brazil working with Washington […]

Chevron confirmed as key sponsor of Iraq Oil, Gas, Petrochemical and Electricity

Chevron has confirmed its role as a sponsor of the upcoming Iraq Oil, Gas, Petrochemical and Electricity Summit on May 28 to 30. The summit has been organized to bring together key Iraq Government decision makers in the energy sector and international operators seeking partnership opportunities in both the upstream and downstream industry PortalIraq

Experts to discuss Iran pipeline project

A trilateral meeting of technical experts from Iran, India and Pakistan would be held to finalise a framework agreement on implementation of the IPI gas pipeline project, which will run through the three countries. The finalised agreement would subsequently be signed at the ministerial meeting scheduled to be held in Tehran in June. Officials from […]

Turkmenistan, Saudi Arabia to sign general agreement on cooperation

Speaking to the businessmen, Gurbanguly Berdimuhammedov invited them to take part in joint projects, including in the oil and gas, power engineering, tourism, agriculture and town planning spheres. “Your extensive experience, knowledge, know-how, investments plus favorable conditions that we would create for you will lay the basis for good and mutually beneficial business,” the Turkmen […]

Angola has proven oil reserves of 11.4 billion barrels

Angola has proven oil reserves of 11.4 billion barrels, the same as Brazil and Algeria, Angolan newspaper Agora reported citing consultancy Woog MacKenzie. With headquarters in Edinburgh, the company projects that Angola will produce 1.6 million barrels of oil per day by 2011, a level of production equivalent to that of Kuwait. The oil discoveries […]

OPEC maintains oil demand forecast for 2007

The Organisation of Petroleum Exporting Countries (OPEC) said on Monday it was maintaining its forecast for growth of world oil demand in 2007 unchanged at 1.5 percent. In its monthly report for April the 11-member exporters’ group said it was noting a drop of oil inventories in America and Europe. Servihoo

Tory transport policy to make rail a priority [UK]

The Conservatives are to put investment in the railways at the heart of their transport policy in an effort to ease overcrowding and cut greenhouse gas emissions. “We must put rail at the heart of Britain’s transport system. If we are to meet our international obligations on climate change . . . we need a […]

Nationwide, a Clamor Over Global Warming

In front of the Capitol they gathered, a thick semicircle of a couple hundred people — mostly students, some parents with small children and a smattering of graying others. They crowded around a stage and carried signs that said, “Stop Global Warming.” On broad signs stretching to the right and left of the stage were […]

U.S. demand for uranium seen rising sharply

U.S. demand for uranium may surge by a third amid a revival in atomic power projects, increasing concern that imports will increase and that limited supplies may push prices higher, an industry group says. The United States may build as many as 33 nuclear reactors, in addition to the 103 it has now, Jay Thayer, […]

Lib Dems plan ‘energy mortgages’

Homeowners should be given special loans to allow them to make their houses more energy efficient, the Liberal Democrats have said. The so-called “energy mortgage” could be used for double-glazing, insulation or heating systems. bbc

On energy, it’s better to work with China

“Modernizing China’s domestic energy infrastructure will require an estimated $35 billion per year in the foreseeable future,” the senators wrote, “providing a tremendous opportunity to export existing and emerging American technologies, products and services, and lessen our nation’s trade deficit.” seattlepi

Oil prices may settle at $55-65, says GIH study

Global oil prices may settle higher at $55-65 a barrel this year due to surging demand, especially from China, India and the US, implying yet another year of abundance for the GCC region, according to Global Investment House (GIH). Though high oil prices could significantly contribute to the GCC statesGulfTimes

India Set To Increase Energy, Oil Cooperation With Uzbekistan, Azerbaijan

India and Azerbaijan have agreed to cooperate in several areas including oil & gas sector and Indian companies are set to play a greater role in the development of Azerbaijan’s rapidly expanding oil and gas industry. This was the result of a meeting last week between the President of Azerbaijan, Mr. Ilham Aliyev and the […]

When Oil Wells Run Dry

Despite being flush with petrodollars and riding high given soaring energy prices, leaders from the Arab Gulf States—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates—are rushing to diversify into industries unrelated to energy, according to recent reports by McKinsey Quarterly, the publishing arm of consulting firm McKinsey & Co. “The clock is […]

HP Launches New Energy Efficient Desktop For China Market

Chinese computing enthusiasts can now look forward to purchasing a new energy efficient personal computer. VIA Technologies and HP together have unveiled the HP Compaq dx2020, a highly energy efficient commercial PC for the China market powered by the VIA C7-D desktop processor. The companies say the HP Compaq dx2020 PC meets the needs of […]

Coal Surge Seen by Mobius as China’s Imports Increase

Coal is poised to rebound from a two-year slump as China buys more than it exports for the first time in history. Power use in China, the world’s biggest coal producer, is rising 13 percent annually, and utilities are building plants at a record pace. The nation gets 78 percent of its electricity from coal, […]

Venezuela, Brazil at odds over ethanol

Not long ago, President Hugo Chavez was embarking on ambitious plans to produce ethanol as the eco-fuel of choice. But within the past two months, the biofuel has suddenly become a villain for him and a major point of friction with Brazilian leader Luiz Inacio Lula da Silva. Their dispute, raised in part by a […]

Venezuelan bubble about to burst

The government plans to introduce a new currency in 2008, but this will do nothing to alter the economic fundamentals, which are eroding steadily. Venezuela’s boom will fade as oil prices ease down toward the $50 range. Were oil prices to fall below $50 for any length of time, the tenuousness of the country’s situation […]

A sunny outlook for clean energy

MOSCOW – Human civilisation will face bleak prospects unless it finds alternative sources of energy to replace dwindling hydrocarbon deposits. Fortunately, the sun can provide the world with an unlimited amount of electricity through solar batteries. A recent conference organised by the Science and High Technologies committee of the State Duma, the lower house of […]

The Road to Clean Energy Starts Here

The key to solving the climate change crisis is technology. To accommodate the economic aspirations of the more than five billion people in the developing countries, the size of the world economy should increase by a factor of four to six by 2050; at the same time, global emissions of greenhouse gases will have to […]

The Peak Coal Portfolio

While I usually only make investments that I expect to pay off in 5-10 years time, and even the earliest predicted peak for world coal production is still 18 years off, the precise date of the peak is not at all important for the purposes of investing. What is important is when we will see […]

Climate expert urges dropping clean coal

A climate change expert has urged Australia to step away from the development of clean coal technology for power generation in favour of natural gas and nuclear energy. Jesse Ausubel, director of the Program for the Human Environment at the Rockefeller University in New York, has also bagged renewable fuels like solar and wind power […]

Mideast Nations Offered Nuclear Energy Support

The chief U.N. nuclear watchdog on Sunday wrapped up a tour of the Middle East to offer support to nations interested in developing peaceful atomic energy programs despite the international face-off with Iran over suspicions it is pursuing nuclear weapons. Saudi Arabia, Egypt, Jordan, Turkey and the smaller Arab states around the Persian Gulf have […]

Turning up the heat on oil sector

What faces Shell, other refiners and industrialists around the world, however, is a future which will affect prices in a way that may well make the fluctuations of recent times seem small by comparison. With oil harder to find and harder to extract, its price will naturally rise. With carbon constraints, it will rise further. […]

We are running out of oil

Meanwhile, the world creeps closer daily to its peak. Saudi Arabia’s production is down 8 percent in 2006 over 2005 and its Ghawar field, the largest ever discovered, is declining. Mexico’s largest field, Cantarell, is crashing at least at a 15 percent annual decline. According to an employee of PEMEX, Mexico’s national oil company, the […]

Las Vegas Valley Water District Dedicates New Solar-Powered Hydrogen Station

The Las Vegas Valley Water District (LVVWD), in partnership with the UNLV Research Foundation, dedicated a pilot hydrogen refueling station that operates on solar power. greencarcongress

Green Hummer?

That’s what a team of auto designers thought, and they set to work to create a prototype vehicle called the Hummer 02. The hydrogen-powered car is a grass-roots version of the real thing, and even takes a few tips from nature. The General Motors team won top honors in the recent Los Angeles Auto Show […]

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