Global Warming: Limits of Solar and Wind Power

As people across the US poured into Earth Day celebrations, they saw booths and heard speakers extolling the virtues of solar and wind power. What participants were highly unlikely to hear was that renewable energy cannot stop global warming without major social changes that Earth Day organizers rarely discussed. Keep in mind the difference between […]

Tapping the $1.42 Trillion Vein

Buildings are the nation Of course, these days, faced with climate change and a very real energy crisis, the world is doing more than just talking about increasing renewable energy use and improving energy efficiency. Thanks to increasing Renewable Portfolio Standards (RPS), we

Mini-review: Energy Crossroads, PO documentary

How do you get your older Midwest relatives to swallow the Red Pill and understand why you’re obsessed with peak oil? Or your scientific and engineering friends who wrinkle their noses at the mention of eco-villages and collapse? Tiroir A Films has just released a DVD for when End of Suburbia just won’t do. Energy […]

FAO: influence biofuels on food prices temporary

Today the Committee on Commodity Problems, an intergovernmental Committee of the UN Food and Agriculture Organization, opened a three-day meeting to review impact of oil prices and biofuels on commodity (food) prices. Although prices recently increased, FAO still thinks the long-term trend in food prices is still downward. FAO says appropriate trade policy reform can […]

Corporate subsidies that feed sprawl

Are government subsidies to job-promising corporations the waste of taxpayers’ money that critics have long claimed That’s the charge the Washington-based watchdog group Good Jobs First is now making. It has strong evidence, based on careful surveys rooted in government data and conducted in Minnesota, Illinois and Michigan. Of 86 subsidized corporate relocations in Minnesota […]

Texas Oil Falters in Performance as Benchmark

The mighty Texas crude-oil benchmark — the per-barrel price watched obsessively by the markets and quoted by the media — has diverged so drastically from prices of other grades of crude in recent weeks that some market participants are calling it a “broken benchmark.” Several factors have combined to push the price of West Texas […]

Stocksplosion – Kunstler

Whenever somebody complains about “the lies that George Bush & Co. told to get us into the Iraq war” (as Frank Rich did in The New York Times on Sunday), I wonder how those lies compare to the lies that the American public tells itself every day Meanwhile, the Dow Jones index went up over […]

74 dead at Chinese-run Africa oil field

ADDIS ABABA, Ethiopia – Gunmen raided a Chinese-run oil field in eastern Ethiopia on Tuesday, killing 65 Ethiopians and nine Chinese workers, an official of the Chinese company said. Seven Chinese workers were kidnapped in the morning attack at the oil installation in a disputed region near the Somali border, Xu Shuang, the general manager […]

Toyota Surpasses GM in Global Sales in First Quarter

Toyota Motor Corp. sold more cars and trucks than General Motors Corp. for the first time in the January-March quarter, on demand for Corolla and Camry sedans. Toyota’s global sales rose 9.2 percent to a record 2.35 million vehicles, the company said today. Sales at GM, the world’s largest carmaker for 76 years, gained 3 […]

Iraqi, Kurdish officials to iron out oil law

Officials from Iraq’s central government and the Kurdistan region will meet this week to iron out last-minute disputes over a draft oil law that will decide control of the world’s third largest oil reserves. Oil Minister Hussain al-Shahristani said last week the law would be ready for submission this week to parliament, and he expected […]

Russia and Japan plight to make Energy Relations and Trade Strong

Taro Aso, Japanese foreign minister and Viktor Khristenko, Russian energy minister, acceded that their countries will loosen the trade boundaries to encompass sectors like fishery and agricultural products, energy, IT and transportation. The two ministers talked about two oil and gas projects in Sakhalin Island in Russia and an oil pipeline project in East Siberia, […]

BP MAKES THIRTEENTH OIL DISCOVERY IN ULTRA-DEEP WATER BLOCK 31 ANGOLA

Sociedade Nacional de Combustiveis de Angola (Sonangol) and BP Exploration (Angola) Limited today announced the Miranda oil discovery in ultra-deepwater Block 31, offshore Angola. Miranda is the thirteenth discovery that BP has drilled in Block 31. The well is located 11 kilometres south of the recently announced Titania discovery. Miranda was drilled by the Jack […]

Questions linger on air industry demand

Investors have been hammering airline stocks, anxious about possible weakness in domestic travel. But analysts disagree on how much a cooling U.S. market would hurt the industry. Some say it could imperil expected 2008 earnings; others say carriers could overcome it due to continued strength in overseas travel. One analyst thinks the premise itself may […]

Biotech seeks to ease fuel’s reliance on oil, corn

The ethanol craze is putting the squeeze on corn supplies and causing food prices to rise. Mexicans took to the streets last year to protest increased tortilla prices. The cost of chicken and beef in the United States ticked up because feed is more expensive. That’s where biotechnology comes in. TurkishDailyNews

OPEC March oil demand weaker, cuts 2007 call by 120,000 bpd

Despite an uptick in its view of global economic growth this year, the Organisation of Petroleum Exporting Countries (OPEC) is now expecting overall lower demand in 2007, the Middle East Economic Survey reported Monday. The Cyprus-based weekly said that OPEC has pegged back the expected call on its crude by 120,000 bpd to 30.28 million […]

Cost slows Mideast refineries

Despite a growing need for refined oil products in the Middle East and globally, quickly increasing costs and uncertainty over future profits may lead countries in that region to waver in their commitments to invest in new refineries. Projects in Kuwait and Saudi Arabia have been put on hold recently in reaction to just these […]

A slippery business

More than three-quarters of the worldHindustanTimes

An island made by global warming

The map of Greenland will have to be redrawn. A new island has appeared off its coast, suddenly separated from the mainland by the melting of Greenland’s enormous ice sheet, a development that is being seen as the most alarming sign of global warming. Several miles long, the island was once thought to be the […]

Italy Mulls Emergency Moves as Po Shrivels

Italy is mulling emergency measures to replenish its biggest river and curb electricity consumption as unusually hot weather raises fears of a prolonged drought and power blackouts during the summer. The measures were discussed at a meeting between the industry ministry, the national electricity grid, regional officials and emergency services on Monday, a source who […]

Boeing in scheme to develop biofuel

Boeing, the US aerospace giant best known for making the 747 jumbo jet, is working on plans to develop a “biofuel blend” derived from plants or algae that could power conventional jets. E xecutives at the company said a hybrid fuel could be available within five years, using the same engines that currently propel conventional […]

Gazprom steps on the gas

PricewaterhouseCoopers analysts forecast that in 2010, one-third of natural gas traded in the world will be liquefied. Meanwhile, Gazprom, a Russian monopoly with ambitions to be a global energy producer, is suffering from a bad shortage of liquefied natural gas (LNG) production and export facilities. The feeling at the company is that this shortage is […]

Norway: Smaller oil fields become important

Small oil fields are becoming increasingly important for Norway’s Statoil. This summer, well number seven will be drilled on the Norwegian continental shelf’s (NCS) smallest field, Glitne, extending its life until 2009.High oil prices, more reservoir expertise and increased demand and competition are driving forces behind ever extended production. “New finds will gradually become fewer […]

Venezuela takeover may harm Orinoco oil projects

Venezuela’s upcoming takeover of four large heavy oil projects will likely reduce the long-term efficiency of the OPEC nation’s most important crude operations, analysts told Reuters on Monday.The move could reduce investment in crucial oilfields and lead to declining production in Venezuela, a key oil supplier to the United States, as energy prices remain stubbornly […]

Uganda: ‘Country to Retain Most Oil Proceeds’

Uganda will retain a larger share of all the money from the sale of the petroleum produced from Western Uganda, according to the State Minister for Energy and Mineral Development, Mr Kamanda Bataringaya. Mr Kamanda’s claim is the first revelation of what the country will earn from its newly discovered resource amidst speculation and fears […]

Russia Hopes to Become Major Oil Supplier

Russia is laying the infrastructure to become a major oil supplier to Asian countries, including an ambitious pipeline being built from Siberia to the Pacific coast, a Russian diplomat said Tuesday. Russia is also considering discussions with Philippine energy officials about proposals to build an oil refinery and storage facilities in the Philippines that could […]

The looming oil crisis in Iran

According to analysts, the Iranian economy is grossly mismanaged and highly vulnerable to external pressures. UNSC resolution 1747 has widened the scope of the sanctions imposed vide UNSC 1737. Further widening of the sanction in future can have serious impact on the Iranian economy.Although Iran is the fourth largest producer of oil in the world […]

Energy’s Challenges

Assuring that the energy supplies are there to underpin economic growth is, in itself, a big and expensive challenge. The International Energy Agency points to a $20 trillion price tag. But how to meet these needs and, at the same time, cope with carbon? We will hear many ideas in the course of this roundtable, […]

Predicting Gas Hydrates Location And Quantities Just Got Easier

Given that there’s more carbon trapped inside ice-like crystals under the seafloor than in all the world’s oil, gas and coal reserves combined, it seems like it would be easy to find. Up to now that hasn’t been the case, but thanks to the award-winning research of Rice University graduate student Gaurav Bhatnagar, the search […]

BIG CONTRACTS FOR BIG OIL

After a 35 year wait, American and British oil corporations are on the verge of securing control of Iraq’s vast oil reserves. Becca Fisher reveals how the unholy alliance of Big Oil, government and the IMF is getting closer to its goal of reconstructing the Iraqi state to gain secure oil supplies. corporatewatch

ARB Expert ZEV Panel Bullish on Plug-in Hybrids

The expert panel convened in 2006 by the California Air Resources Board (ARB) to assess Zero Emission Vehicle (ZEV) technologies and then to advise the board has published its report, which will be considered at the upcoming board meeting 24-25 May in San Diego. greencarcongress

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