Saudi Arabia and Russia have signed a $100 million deal for laying an oil pipeline in the world’s biggest sand desert, Rub Al Khali (Empty Quarter). The agreement was signed in Dhahran recently between Saudi Aramco and Stroytransgaz, a construction arm of Russia’s energy giant Gazprom. Ali Al Ajmi, vice-president of Saudi Aramco, signed the […]
Surging use of cars and planes will push up greenhouse gas emissions in coming decades, making the transport sector a black spot in a fight against global warming, according to a draft UN report. “Transport activity is expected to grow robustly over the next several decades,” according to a 101-page technical summary of a draft […]
Rain, snow and cold temperatures across the US Midwest on Wednesday threatened to further push back the already delayed start of corn seeding and could lead to less corn being planted, agronomists said. Farmers were expected to plant the most corn acres in 63 years in 2007 to capture historically high prices, but wet soils […]
Clean energy, renewable energy and climate change may well become the World Bank’s main focus in years to come despite the issue’s absence from the lender’s formal agenda at its meeting this weekend, President Paul Wolfowitz said on Thursday. “We had clean energy on the formal agenda in the fall. It will come up again […]
China, the world’s largest producer and consumer of coal, aims to cut its reliance on the polluting energy source while shifting more to natural gas by 2010, state press reported on Wednesday. Japanese and Chinese companies said they signed business agreements in the energy sector on April 12 which may lead to possible joint development […]
Chemists at UCLA have designed new organic structures for the storage of voluminous amounts of gases for use in alternative energy technologies. The research, to be published on April 13 in the journal Science, demonstrates how the design principles of reticular chemistry have been used to create three-dimensional covalent organic frameworks, which are entirely constructed […]
Southern Africa is facing energy shortages as climatic changes intermittently turn off the switch on hydroelectric power generation and oil prices remain exorbitantly high. As regional energy powerhouse South Africa ponders uranium enrichment, there is need to explore whether other uranium-producing African countries that are still in the dark on alternative sources of energy, can […]
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The U.S. Environmental Protection Agency (EPA) invites you to learn more about the energy trends of certain industrial manufacturing sectors, including the opportunities and challenges for improved energy efficiency and clean energy use within these sectors. It is important to note that this report is an analytical document and does not convey agency decision. The […]
Oponents of renewable energy from the coal and nuclear industries, and their political supporters, are disseminating the fallacy that renewable energy cannot provide base-load power to substitute for coal-fired electricity. If this becomes widely accepted, renewable energy will remain a niche market rather than achieve its potential of being part of mainstream energy supply technologies.The […]
It is usually silly to offer a single solution to complex problems. But it’s hard not to when looking at the serial savagery in Iran and the Arab world. Oil — the huge profits it provides and the insidious influence it gives those selling it — explains most of the world’s worries over the Middle […]
ALISTAIR TICE looks at the rivalry for access to the world’s oil supplies and assesses the likely consequences for the world economy, and the continued dominance of US imperialism. Big Oil makes huge profits. In 2005, ExxonMobil became the world’s biggest company, overtaking Wal-Mart. Five of the world’s top ten corporations are now oil majors. […]
Since the advent of the oil business, scientists and engineers have developed a series of very remarkable technologies. Oilfield technology tends to compound at a steady rate, extending the boundary of what was long considered the absolute limit of exploration and production. Oil and gas resources once thought completely out of reach have now arrived […]
The International Energy Agency warned Thursday that output by the Organization of Petroleum Exporting Countries had hit its lowest level in over two years on production outages and self-imposed cuts, a factor likely to drain global oil stocks in the coming months. In its monthly oil market report, the agency, the energy security watchdog for […]
Shell is poised to become the first oil major to step back into Iraq after reports that it had signed a deal to extract natural gas in the Kurdish northern region. A Turkish news agency claimed that the Anglo-Dutch giant would work in partnership with TPAO, the Turkish state oil company. timesonline
It is time we in Britain stopped looking from the side. We are being led towards perhaps the most serious crisis in modern history as the Bush/Cheney/Blair “long war” edges closer to Iran for no reason other than that nation’s independence from rapacious America. The safe delivery of the 15 British sailors into the hands […]
U.S. scientists have discovered how, through photosynthesis, solar energy is transferred across molecular systems with nearly 100-percent efficiency. Researchers at the U.S. Department of Energy’s Lawrence Berkeley National Laboratory and the University of California-Berkeley say the answer lies in quantum mechanics. upi
Oil major Chevron Corp. and timber outfit Weyerhaeuser Co. on Thursday said they will look into jointly commercializing the production of biofuels from cellulose, the basic material of all green plants. The companies said they will focus on researching and developing technology to convert wood fiber and other sources of cellulose into clean-burning biofuels for […]
Alaska Congressman Don Young receives verifiable testimony that Washington is considering nationalization of Alaska’s hydrocarbon resources according to the April 8, 2007 edition of Petroleum News. Although the topic of this subject specifically concerns the long considered Alaska Gas Pipeline, the underlying implications are clear, and even ANWR (Arctic National Wildlife Refuge) is a target […]
Recent news reports indicate that auto sales have been rising in Asian countries like India and China, despite increasing concerns about pollution, global warming, and eventual oil depletion. An article in the Times of India was headlined “Auto sales grow 13.5% in ‘06-07″, and reports from Forbes.com and MarketWatch indicated that DaimlerChrysler and Ford sales […]
RIYADH (AFP) – The head of the UN atomic watchdog said on Thursday that the oil-rich Gulf Cooperation Council (GCC) has the right to develop nuclear energy for peaceful ends. “It is a natural right for the GCC countries to possess nuclear energy in order to use it for peaceful purposes,” said the head of […]
A scramble by nuclear power firms for the world’s scarce uranium resources has sparked a string of corporate deals and takeover bids. With uranium prices at their highest since the 1970s, France’s Areva is to buy up to 18% of uranium firm Summit Resources. The move follows a 1bn Australian dollar (US$825m; As firms are […]
DOHA, Qatar (AP) – Look closely at some of the major development projects in China, and what you see behind them is Middle East oil. A $500 million port development in Tianjin is funded by Dubai-based DP World. A $5 billion refinery in Guangdong province will be built by Kuwait. A huge crude oil tank […]
Mexico’s Cantarell oil field, the world’s second largest producer, is beginning to dry up We In the past year, the Cantarell field has seen its daily production rates drop by 20 percent, an incredibly rapid decline. It is now producing about 1.6 million barrels per day, down from two million a year ago. The Wall […]
The world’s fastest growing source of oil is West Africa. The United States imports more crude from West Africa than from Saudi Arabia and Kuwait combined; Angola has become China’s biggest supplier; the European Union imports almost one fifth of its oil from Africa. The African petrodollars, however, benefit only kleptocratic elites. Angola is a […]
In stunning security breach, bomber detonates explosives inside cafeteria BAGHDAD, Iraq – A suspected suicide bomber blew himself up in the Iraqi parliament cafeteria in a stunning assault in the heart of the heavily fortified, U.S.-protected Green Zone on Thursday, killing at least eight people, the American military said. At least two lawmakers, and at […]
Every year, baseball starts up in the Spring and there are rosy forecasts for supply growth in the non-OPEC oil supply. 2007 is no exception. Wood Mackenzie’s Non-OPEC Increases to Continue in 2007 announces the good news. The strong upward momentum for non-OPEC supply, seen in the fourth quarter of 2006 [when Dalia in offshore […]
The balloting that kicks off in Nigeria Saturday could prove to be a historic event: If the election of a new government goes smoothly, the transition will mark the first time one civilian government in Africa’s most-populous nation passes power to another. But sporadic violence already has marred the campaign season. Unresolved legal controversies surrounding […]
ALASKA – In a mid-March meeting, the Larsen Bay City Council moved to restrict fuel sales from the city-owned fuel farm, cutting off sales to anyone other than the village High fuel prices are also to blame, Larsen Bay Mayor Allen Panamaroff said Tuesday. The city cannot afford to order more diesel and gasoline for […]
Put a chill on the same gas that heats millions of California homes, and you get a public enemy that’s been run off from town after town along the state’s coast for years. The latest setback for a proposed liquefied natural gas plant, which would perch well offshore from Oxnard, illustrates both the hurdles that […]
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