Nine U.S. military ships entered the Gulf on Wednesday for a rare daylight assembly off Iran’s coast in what naval officials said was the largest such move since the 2003 Iraq war. yahoo
AUSTRALIA’S eastern seaboard faces electricity brownouts because coal-fired power stations are running out of water, the Greens say. NSW Greens MP John Kaye said the NSW Government should abandon any idea of building another coal-fired power station, after it last week commissioned an inquiry into the construction of a new plant. news
Solar power should become a mainstream energy choice in three or four years as companies raise output of a key ingredient used in solar panels and as China emerges as a producer of them, according to a report by an environmental research group. “We are now seeing two major trends that will accelerate the growth […]
ABS Energy Research (http://www.absenergyresearch.com/), a leading analysis and research firm covering all aspects of the energy economy, announces their just completed report on the hydrogen economy. The comprehensive report covers multiple aspects of the emerging sustainable energy order. Many grand claims have been made for the future of hydrogen as an energy source. Are boosters […]
Researchers at Virginia Tech, Oak Ridge National Laboratory (ORNL), and the University of Georgia propose using polysaccharides, or sugary carbohydrates, from biomass to directly produce low-cost hydrogen for the new hydrogen economy. sciencedaily
Worldwide CO2 emissions rose at a faster rate in 2000-2004 than the worst-case scenario imagined in this year’s UN reports on climate, according to new research. The rise over the first four years of this century is also greater than in the 1990s – 3.1% a year between 2000-2004, up from an average of 1.1% […]
WASHINGTON, May 21 (UPI) — The U.S. Department of Energy has issued a feasibility study for a commercial 50,000-barrel-a-day coal-to-liquids facility in the Illinois coal basin. The CTL plant design is projected to use 24,533 tons of high-sulfur bituminous coal daily to produce 27,819 barrels per day of diesel fuel that, with additives, could be […]
NEW YORK (AP) — The city’s yellow taxi fleet will go entirely hybrid within five years, Mayor Michael Bloomberg announced Tuesday. “There’s an awful lot of taxicabs on the streets of New York City,” Bloomberg said. “These cars just sit there in traffic sometimes, belching fumes.” “This does a lot less. It’s a lot better […]
Marathon Oil Corporation announced today that its subsidiary, Marathon International Petroleum Angola Block 32 Limited, has participated in two deepwater discoveries on Block 32 offshore Angola. Louro and Cominhos are the Company’s seventh and eighth discoveries on Block 32, respectively. To date, Marathon has participated in a total of 23 discoveries in the Company’s deepwater […]
New Urbanists from all over the land — and as far away as Australia — converged in Philadelphia this past weekend to sort out their gains and losses for the year against the background of a nation punch drunk on “liquidity” and free-floating dread. The city of Philadelphia looked perkier than anyone could remember — […]
It’s getting tough to find regular for less than $3 a gallon. Gas prices have risen a dollar a gallon since the end of January. And as those numbers at the pump continue to climb, more car buyers are taking a serious look at another set of numbers: MPG estimates on car stickers. And hybrid […]
Toyota is introducing cars that run on ethanol and gasoline in Brazil, a major Japanese business newspaper reported Tuesday, at a time when such flexible-fuel vehicles are growing in popularity there. According to the Nikkei, Toyota is set to unveil Corolla subcompacts that run on ethanol, gasoline or a mixture of the two fuels, and […]
World oil markets are projected to tighten this summer due to continued growth in oil demand and production restraint by members of the Organization of Petroleum Exporting Countries (OPEC). Despite the recent increases in world oil prices, global oil consumption is projected to grow by 1.4 million barrels per day (bbl/d) in 2007 and by […]
The price of gasoline in the Connecticut River Valley has shot up nearly 90 cents a gallon since February. Nationally, the price has reached a record high – $3.20 a gallon on average yesterday – surpassing the peak of the spike after Hurricane Katrina in 2005. In fact, adjusted for inflation, the national price now […]
Energy analysts have been keeping a close eye on Pemex’s oil production levels since a couple of sharp dips in output from the massive gulf of Mexico field Cantarell in recent months. Despite evidence Cantarell is declining faster than predicted, Pemex says the field will continue to be the backbone of Mexican oil production for […]
Saudi Arabia, through its National Oil Company, Saudi Aramco, has announced an ambitious $70-billion energy investment plan, $18 billion of which will be directed toward increasing upstream petroleum capacity to an estimated 12.5 million bbl/d by 2009. Reserves According to the Oil and Gas Journal, Saudi Arabia contains about 260 billion barrels of proven oil […]
Four gunmen seized a Lebanese worker in Nigeria’s western delta oil city of Warri on Tuesday, the military and security sources said. The armed men also snatched the Lebanese man’s car, security sources said, adding that a gun was recovered at the scene. The man was a financial controller at oil service company, Nigercat. “A […]
Nigeria has overtaken Saudi Arabia in the ranking of crude oil exporters to the United States, a preliminary data from the US Energy Information Administration (EIA) has shown. According to the EIA data on the US crude import rankings in March 2007, Nigeria, Africa’s biggest oil producer and the world’s eighth, leaped from fifth place […]
An overview of Dr James Hansen’s work on considering realistic reserves for oil and gas with respect to climate change. He concludes that due to approaching peaks it is feasible to keep atmospheric CO2 from exceeding approximately 450ppm as long as coal and unconventional fossil fuels are used responsibly.The Oil Drum: Europe
China’s Three Gorges Dam, the world’s largest hydropower project, is retaining huge amounts of sediment and nutrients and causing significant erosion in the downstream reaches of the Yangtze River, researchers have found. In a paper published in the latest volume of the Geophysical Research Letters, Chinese scientists said the dam had retained 151 million tonnes […]
BP’s Russian unit, TNK-BP, may have to halt production at a large Siberian gas field by the end of this month, Russia’s environment agency has warned. The agency told Reuters it seemed “obvious” that an inspection in the next few days would say TNK-BP was not complying with production obligations.Russian authorities claim TNK-BP is not […]
Ghana’s growing manufacturing, services and informal sectors stand threatened and the economy may well lose N182.88-billion ($1.4-billion) at the end of the year if the country’s current energy crisis is not arrested, a new research has warned.The country’s manufacturing sector suffered a major setback two months ago when VALCO Aluminium, one of its leading manufacturers, […]
The road toward developing a nuclear-energy program for Gulf Cooperation Council (GCC) countries that would decrease dependency on oil started in the capital yesterday with the arrival of a special team from the International Atomic Energy Agency (IAEA). arabnews
The Russian government approved plans on Monday for an oil pipeline that could enable the country to bypass Belarus and tighten Moscow’s grip over much of Europe’s energy supplies. The proposal by Transneft, Russia’s oil pipeline monopoly, to build a new 1m barrel per day spur across Russian territory to a key Russian oil terminal […]
China plans to take its “artificial sun” programme, that uses nuclear fusion, to a higher level. The nation’s Institute of Plasma Physics, which handles the experiment, is in the process of doubling its present capabilities. It expects to spend $30 million to set up a new heating system for plasma and a central drive to […]
As the saying goes, facts are many but the truth is one. The truth is that the U.S. military is the single largest consumer of energy in the world. But as a wise man once said, don’t confuse facts with reality. The reality is that even U.S. Department of Defense (DoD) does not know precisely […]
World marketed energy consumption is projected to grow by 57 percent between 2004 and 2030, according to the reference case projection from the International Energy Outlook 2007 (IEO2007) released today by the Energy Information Administration (EIA). The IEO2007 shows the most rapid growth in energy demand for nations outside the Organization for Economic Cooperation and […]
An official of the German Wind Mill Association has said that replicating the German success story in the development of Renewable Energy Resources in Sub-Saharan Africa especially Ghana will require interventions from governments through passing of laws to protect and attract investors into the sector. Ulf Winkler, a member of the German Wind Mill Association […]
Gasoline prices have soared to levels never seen before as even the inflation-adjusted price for a gallon of unleaded topped the 1981 record spike in price that had stood for 26 years. The price of $1.35 in 1981 works out to $3.15 in current dollars, she said. The Iran-Iraq war, which started the year before, […]
Some of Indonesia’s most influential and politically connected companies have refocused their business strategies and are joining hands with foreign investors to push forward the government’s multi-billion dollar ambition to transform the country into the world’s leading biodiesel producer. But there are major political, financial and environmental risks to the grand designs, which arguably are […]
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