We all know the world is finite. The number of atoms is finite, and these atoms combine to form a finite number of molecules. The mix of molecules may change over time, but in total, the number of molecules is also finite. We also know that growth is central to our way of life. Businesses […]
Russia’s undeclared global oil grouping is already achieving profound success as the West’s oil majors’ control of global reserves and of production collapses. This has all been accomplished by a largely undeclared and informal initiative very cleverly led by Moscow. Now, Russia is extending such strategies to gas. A new world order is in the […]
A new study suggests that biodiesel could increase rather than reduce greenhouse gas emissions compared to petrol diesel. EU legislation which promotes the adoption of biodiesel will not make a difference to global warming, according to a new study reported in the Chemistry & Industry magazine.In fact, it says, the uptake of the alternative fuel […]
Oil production outside Opec will keep rising until about 2015, while global output will continue to expand through 2025 at least, a top analyst at consultancy Wood Mackenzie said yesterday. Countering doomsday “peak oil” theorists who believe global oil production may be reaching its limits, Wood Mackenzie said research based on its database of field-by-field […]
BP PLC, Europe’s second-largest oil company, reported a 17 percent drop in first-quarter earnings Tuesday on lower oil prices and declining production.“Faced as it is with reduced production and higher costs, lower oil prices and the ongoing barrage resulting from its earlier failures, its challenges are not yet over,” said Hargreaves Lansdown analyst Richard Hunter.BP’s […]
While South Africa is planning on increasing biofuels production some experts warn the move may hurt subsistence farmers and cause more hunger in impoverished areas of the country.Replacing foodstuffs with energy cash crops may erode efforts to fight hunger in sub-Saharan Africa, a region prone to food shortages and famine with some 200 million malnourished […]
The German government has proposed a system of energy efficiency ratings for buildings as the EU pushes its Energy Efficiency Action Plan to help meet its ambitious target to cut greenhouse emissions by 20 per cent by 2020. Energy efficiency and demand-side energy management measures are increasingly being seen as the sleeping giant of carbon […]
In the wake of the unleashing of energy forces, the global balances of political power are undergoing tectonic shifts. The whopping spike in oil prices is going to make a striking transformation in the realms of politics as well as economies. The OPEC’s revenue has tripled from $200 billion in 2002 to abut $600 billion […]
An independent Scotland would have to choose between raising taxes and cutting public spending within a decade, as oil revenues dwindle alongside production in the North Sea. A Financial Times analysis shows that the current high level of oil prices would allow Scotland to declare independence from the rest of the UK without having to […]
Shi is the leader of an emerging group of Chinese entrepreneurs who are striking it rich by meeting fast-growing demand in China and abroad for cleaner power. They are getting a boost from China’s efforts to curb environmental damage after two decades of breakneck growth that have left it with some of the world’s most […]
Surging crude palm oil prices have put a dent in Malaysian ventures to manufacture biodiesel, with licencees dragging their feet to set up factories, officials and a report said Tuesday. : Crude palm oil prices in recent weeks have hit levels well above 2,000 ringgit (584.45 dollars) per tonne amid increasing demand and supply shortages, […]
Reduced production by Opec oil exporters risks causing another damaging oil price spike this year, an influential energy consultancy warned on Monday. The Centre for Global Energy Studies (CGES) urged the 12-member Opec cartel to raise production to help lower prices and avoid another shock on the oil market during the northern hemisphere summer.“If Opec […]
Chemists have shown that it is possible to use solar energy, paired with the right catalyst, to convert carbon dioxide into a raw material for making a wide range of products, including plastics and gasoline. Researchers at the University of California, San Diego (UCSD), recently demonstrated that light absorbed and converted into electricity by a […]
There is a lot happening in renewable energy right now, which is great and what we need. But what about conservation? … Are there any studies showing how much we could save and at what cost if we insulated all the uninsulated houses and double-paned all the windows and sealed all the air leaks? In […]
China may overtake the United States as the world’s biggest source of greenhouse gases within months, one of the world’s leading energy analysts predicted yesterday. Dr Fatih Birol, chief economist of the Paris-based International Energy Agency, said the country’s economic growth had been so fast in 2006 and 2007 that the historic global shift of […]
The wide uptake of biodiesel will not make any difference to global warming and could result in greater emissions of greenhouse gases than from conventional diesel, suggests a new study in Chemistry & Industry. The culprit is nitrous oxide, otherwise known as laughing gas, which is 200-300 times as potent a greenhouse gas as carbon […]
Russian gas giant Gazprom could find itself unable to meet demand down the line due to persistent underinvestment in exploration and extraction, said European Commission Director Christian Cleutinx, the European Union`s point man for energy contacts with Russia. Source Name
The global oil and natural gas (O&G) industry will continue to perform well in 2007, as it did in 2006, Standard & Poor’s Ratings Services (S&P) said. The credit ratings of major oil companies are expected to remain stable during the year, after last year’s 14 upgrades and 11 downgrades, S&P said. forbes
Oil may reach $70 a barrel as China starts filling its emergency crude storage tanks, boosting the nation’s imports to a record in March, CLSA Ltd. said. China may begin pumping oil into a storage facility in Huangdao in eastern China’s Shandong province in late April, Gordon Kwan, head of China oil and gas research […]
Exxon Mobil Corp. on Tuesday said it has drilled the world’s longest oil well, boring seven miles through the sea floor offshore eastern Russia. The well, called Z-11, is located off the coast of Sakhalin Island in the north Pacific Ocean. businessweek
The United States and other world powers may be ready to allow Iran to keep some of its uranium enrichment program intact instead of demanding its complete dismantling, foreign government officials said Tuesday. Officials said some willingness to compromise might advance talks Wednesday in the Turkish capital between top Iranian envoy Ali Larijani and Javier […]
Forget about carbon dioxide emissions – the rising levels of angst emanating from Alberta’s oil and gas industry is expected to skyrocket after the Conservative government’s unveiling of reduction targets. The announcement, to be made jointly by Prime Minister Stephen Harper and Environment Minister John Baird on Thursday near Toronto, is being prepared with all […]
In a recent study, scientists have demonstrated that a hybrid system of hydrogen and carbon can produce a sufficient amount of liquid hydrocarbon fuels to power the entire U.S. transportation sector. Using biomass to produce the carbon, and solar energy to produce hydrogen, the process requires only a fraction of the land area needed by […]
A Dutch company has successfully created algae photo-bioreactors for the purpose of producing biodiesel. BioKing Green Energy NV will engage in research and development of algae cultivation as an energy source as an eco-friendly alternative to petroleum-based fuels.The production facilities for algae bio fuels will be based in The Netherlands, Spain and Portugal. Hans and […]
Our planet’s prospects for environmental stability are bleaker than ever with the approach of this year Scientists have even speculated that a slight increase in Earth’s rotation rate could result, along with other changes. Glaciers, already receding, will disappear. Epic floods will hit some areas while intense drought will strike others. Humans will face widespread […]
Ford Motor has promoted an executive to a top-level environmental remit in another reflection of green issues’ elevation to the top of the US car industry’s agenda. Susan Cischke will be responsible for establishing a “long-range sustainability strategy” and environmental and safety policy for the company, reporting to Alan Mulally, Ford’s president and chief executive. […]
Stop being a compliant consumer. Face the ugly truth. DonHere is what the new report from the UK Defense Ministry’s Development, Concepts and Doctrine Centre warned might happen by 2035. “The middle classes could become a revolutionary class. The growing gap between themselves and a small number of highly visible super-rich individuals might fuel disillusion […]
Ethanol has always been a poor choice as a fuel, but the scientific and economic considerations behind that statement don’t stop politicians from claiming otherwise. Smirking Chimp
This is a direct quotation by Norwegian Oil Director Mr. Gunnar Berge from the Foreword to Facts – The Norwegian Petroleum Sector – 2007 (220-page PDF) published by the Norwegian Ministry of Petroleum and Energy on Friday, April w0: Forecasts show that gas production is rising while oil production is declining. The number of exploration […]
Because he was going to graduate school, retired environmental researcher John Holtzclaw left San Jose and a job that had him driving 25,000 miles a year. His bicycle became his primary form of transportation. After graduation, he settled in an apartment in the Russian Hill-Chinatown area and gave up his car altogether. During those middle […]
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