Uganda: Kenyan Pipeline Blamed for Fuel Shortage

THE cause of short fuel supply in the country is low capacity of the Kenyan pipeline, the Ministry of Energy and Mineral Development has said. “The Kenyan pipeline is facing frequent shutdowns arising from power and other mechanical breakdowns. It is reported that power supply to the line is inadequate and the transformers are stripping […]

Perspectives on Energy Stocks

World Oil Production May Have Reached Its Peak …In the case of supply, within the next five years, three countries may reach a peak in oil production: Mexico, China and Russia. Several analysts estimated that Mexican oil production would likely peak around 3.4 million barrels per day and that this event would occur in 2004. […]

Bush holds line on global warming despite ruling

WASHINGTON (Reuters) – President George W. Bush said on Tuesday he planned no new action to impose caps on greenhouse gases blamed for global warming despite the Supreme Court ruling that the Environmental Protection Agency must regulate U.S. emissions. Instead, Bush pointed to his proposal to require cars to burn more gasoline made from home-grown […]

Arctic lost part of its perennial sea ice in 2005: NASA

WASHINGTON (AFP) – Global warming may already be having an effect on the Arctic which in 2005 only replaced a little of the thick sea ice it loses and usually replenishes annually, a NASA study said Tuesday. Scientists from the US space agency used satellite images to analyze six annual cycles of Arctic sea ice […]

The Oil Drum: What Are Our Alternatives–If Fossil Fuels Are Such a Problem?

1. I love my SUV. Why can’t we continue to use oil and gas as in the past? George W. Bush has given us one reason why we need to make changes – Unstable foreign oil supply. Al Gore has given us another reason – Climate change. There is a third reason that trumps the […]

This week in bad energy news

…One of the most outspoken members of the Peak Oil contingent, Matt Simmons, an author and energy industry investment banker from Houston, was on CNBC last week and called the GAO report an important step forward for the U.S. in dealing with the issue. But that was about all he had to say that was […]

Could uranium hit $1,000 a pound?

…ABN AMRO Equities believes the fundamentals point to uranium staying at $140 per pound until 2010 “That’s crazy talk,” I said. “No,” the industry insider said. “It would only raise the price of power from a nuclear plant to a level five times as high as it is currently. In a peak oil scenario

China’s CNPC sees 2007 natural gas output at 54 bln cu m, up from 44.5 bln

China National Petroleum Corporation (CNPC), the parent of PetroChina Co Ltd (HK 0857), has set a 2007 natural gas output target of 54 bln cubic meters, up from 44.5 bln in 2006, a PetroChina official said. Li Jingming, a vice president and member of PetroChina (nyse: PTR – news – people )’s Research Institute for […]

African foray

The Bush administration’s new military initiatives in Africa are widely seen as being motivated primarily by the greed for oil. AS part of its efforts to prevent the precipitous decline of Empire, the administration of President George W. Bush announced in early February the decision to create a United States military command for Africa, “Africom”. […]

Coal the car fuel of the future, claim experts

COAL has the image of an old-fashioned fuel which has not been used to power cutting-edge vehicles since the age of steam. But while visions of the future have focused on cars powered by electricity or bio-fuel, experts claim that motorists could fill up their tanks with coal in the not-too-distant future. ICWales

Price of politics

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. But Chavez’s cash cow, Venezuela’s state oil company, can’t keep paying the price forever. The long-term capacity of the U.S.’s No. 4 […]

BP proposes pipeline reversal to accommodate Canadian crude

Reminiscent of the late 19th century reversal of the Chicago River, a less momentous but more lucrative reversal may be in the future for BP PLC. The UK-based oil industry giantNWITimes

Black Sea oil pipeline to start flowing by 2012

Five southern European countries and the Commission signed a declaration on 3 April 2007 to build a pipeline to bring oil from the Black Sea to central European markets by 2012, in a move aimed at reducing the EU’s energy dependence. The agreement to link the Black Sea port of Constanta (Romania) and the oil […]

Chinese explore for more offshore oil

The China National Petroleum Corp (Cnpc), announced today that it will ramp up its exploration of offshore gas and oil reserves this year. The biggest oil discovery in China in 10 years was recently confirmed in the Bohai Sea. Shi Lin, president of the China National Petroleum Offshore Engineering, a subsidiary of the Cnpc, said […]

Fueling debate

When Anne Siglin moved to Alameda from Chicago in 2005, she was shocked by the price of gas in the Bay Area. “There are refineries right here,” she said. “Why does gas cost so much more?” As gas prices continue to soar and Californians are paying 60 cents more for a gallon of unleaded than […]

US refinery problems and high demand to have depleted gasoline stocks

Refinery problems in the US and heightened demand are expected to be highlighted in this week’s snapshot of oil inventories, said analysts. Market players polled by AFX News expect today’s data, due to be released at 3.30 pm, to show gasoline stocks fell last week by 850,000 barrels, but anticipates crude oil inventories will have […]

Biofuels in Africa: Investment Boon or Food Threat?

Africa’s vast arable lands have the potential to rival top agricultural nations like the United States in supplying biofuels to a world seeking cleaner energy sources. But using land reserved for food production to supply biofuel demand could squeeze food supplies in a region vulnerable to shortages. It could also hurt poor consumers if the […]

Future biofuel production estimates soar

Brazil and the rest of Latin America will be key players in the up-and-coming global biofuels production, the head of the Inter-American Development Bank said Monday. “The private sector is responding to this new reality much more quickly than policymakers. This is going to radically transform agricultural production in many parts of the world,” Luis […]

Palm oil is not a failure as a biofuel

So yes, as currently practiced, palm oil production often has a significantly negative impact on the environment, but is unlikely that oil palm plantation development will slow anytime soon due to (1) lack of economic alternatives in many areas where the renewable energy source is grown and (2) rising biofuel demand from China. After large-scale […]

Studying the hydrogen energy chain

Alternative-energy companies are targeting state and local governments as the places to showcase the latest hydrogen fuel technology, but there are still many issues to clear up before the technology becomes a significant part of everyday life. Researchers look at the entire energy chain (the energy equivalent of a food chain) when evaluating a potential […]

China energy reduction target tough to reach – state researcher

China will struggle to reach its goal of reducing energy consumption by 20 pct per GDP unit by 2010 as heavy industry continues to grow at a rapid pace, a government researcher said. Yang Jianlong, division director at the industrial economics research department at the Development Research Center of the State Council (Cabinet), told an […]

Heinberg: nations must prepare for life after plentiful oil

Nations may suffer severe economic, social and political effects if they remain unprepared for the time when maximum oil production is reached, according to a speaker for the Truckee Meadows Livable Communities Series. At a minimum, people will be forced to change their lifestyles, said Richard Heinberg, author of seven books, including “The Party’s Over: […]

Oil peak predicted for year 2020

Development of the globe’s remaining untapped oil reserves will push world production to its ultimate peak as early as 2020, before a long, slow decline begins near mid-century, petroleum experts predicted Tuesday. Peak production levels, estimated to reach 950 million barrels daily, are expected to last between 20 and 30 years before gradually tapering off, […]

Oil — Venezuela’s lifeblood — is also a political flashpoint

Hugo Chavez vs. Big Oil. Now there’s a showdown without an obvious crowd favorite. The notoriously anti-American president of Venezuela started this fight by tearing up his contracts with four oil industry partnerships, demanding they convert the government’s minority stakes into majority control. The oil majors developing the projects, including ExxonMobil, Chevron and ConocoPhillips, fume […]

Palm oil: the biofuel of the future driving an ecological disaster now

The numbers are damning. Within 15 years 98% of the rainforests of Indonesia and Malaysia will be gone, little more than a footnote in history. With them will disappear some of the world’s most important wildlife species, victims of the rapacious destruction of their habitat in what conservationists see as a lost cause. Yet this […]

Flexible Batteries That Never Need to Be Recharged

Mobiles phones, remote controls, and other gadgets are generally convenient–that is, until their batteries go dead. For many consumers, having to routinely recharge or replace batteries remains the weakest link in portable electronics. To solve the problem, a group of European researchers say they’ve found a way to combine a thin-film organic solar cell with […]

Energy demand in ‘BRIC’ continues to grow – no end in sight

It has long been acknowledged that the commercial opportunities in the so called ‘BRIC’ markets – Brazil, Russia, India and China – remain significant for energy players. However, new research highlights the fact that, while these opportunities are substantial, major challenges need to be overcome if these opportunities are to be successfully commercialized. energy-business-review

Japan Pumps Funds Into Energy Drive

Increasingly concerned about its medium- and long-term energy security amid stubbornly high prices — and intensifying global competition — for oil and gas, resource-poor Japan has set an ambitious goal of boosting the ratio of “Hinomaru oil.” or oil developed and imported through domestic producers, from the current 15 percent to 40 percent by 2030. […]

Silicon Valley’s “best brains” work on energy

Venture capitalists in Silicon Valley have been searching for the next big thing in high-tech for years, but now many have switched to greener pursuits — finding technology to help cut global warming. Although commercial success could take years, venture capitalists are pouring cash into solar power, fuel cells, wind energy, biofuels, new lighting microchips, […]

Reaping the benefits of Scotland’s oil

To add to this, though we all understand that oil is a finite resource and must be conserved. As much as 38.7 billion barrels of oil remain in Scottish waters, so we currently stand only at about the half-way mark. If we make the right decisions and execute effective planning at this point, the North […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy