Indonesia: Fuel shortages keep fishermen from going to sea

Hundreds of fishermen in Lombok, West Nusa Tenggara, have been unable to go to sea for the last four days due to a fuel shortage in their area. Fishermen from Ampenan, Batulayar and Pemenang in West Lombok have been forced to leave their fishing boats idle, using their time instead to repair damage to their […]

New Matthew Simmons Presentations

Matthew Simmons has posted some new presentations at his Web site. ● The Peaking Of Offshore Oil And Gas: Is The Party Over? Or Just Beginning To Get Exciting? ● 2007 Energy Market Outlook ● Is Hydrocarbon Energy Entering Its Twilight Age? (If So, Can The World Survive?)They are in PDF format. Simmons International

Kurdish Leader: Oil Law Is a Deal Breaker

To Iraq’s Kurdish leadership, the issue of how to apportion the third-largest pools of oil in the world is “a make-or-break deal” for the country as a whole, a top official told United Press International. “The oil issue for us is a red line. It will signify our participation in Iraq or not,” Qubad Talabani, […]

US to halt oil purchases for strategic reserve until peak season ends – official

The US does not plan to buy more oil for its strategic petroleum reserve (SPR) until after the end of the peak demand summer driving season, US Secretary of Energy Samuel Bodman said. Speaking at the biennial ministerial meeting of the International Energy Agency in Paris, Secretary Bodman said the US currently holds around 600-700 […]

Goldman sees global crude oil market tightening

The tight supply outlook, combined with expectations of robust demand, suggest the global crude market will tighten substantially in coming months, says Goldman Sachs. SperoNews

Petrol prices set to soar as jitters push demand for crude oil up (UK)

DRIVERS face another summer of sky-high prices at the pumps as instability in Nigeria pushes up demand for crude oil, according to latest figures from The Scotsman’s Petrol Pricewatch survey. Scotland’s motorists pay an average of 96.2p per litre for unleaded – more than 1p above the UK average – and 97p per litre for […]

Oil On The Verge?

Are world oil prices about to repeat last year’s surge to record levels? It was a year ago that world prices topped the $US60 a mark and then marked time for a while before being driven to record levels of more than $US78 a barrel by the Israel-Hezbollah war in Lebanon in early August. On […]

Oil market worried over US supply

Unrest in Nigeria, Africa’s biggest oil producer, continued an issue with the country having now lost about a quarter of its output due to a series of attacks on facilities in the crude-rich Niger delta. Shum said the situation in Nigeria “provides support to pricing even though US crude stocks are at a comfortable level.” […]

Weaning the U.S. off foreign oil. Higher fuel efficiency is first step

Let’s go back in time to the week after Sept. 11, 2001. Our nation has just experienced one of the worst attacks in its history. While the specifics are still emerging, it’s already clear that Middle Eastern terrorists are behind what happened. The United States most definitely will respond, but when considering military or other […]

AP Moller Maersk North Sea oil, gas production falls yr-on-yr in April

AP Moller Maersk said oil production at its partly owned Dansk Undergrunds Consortium (DUC)’s 14 oil fields in the North Sea totalled 275,700 barrels per day during April, down 7 pct from a year earlier. Forbes

State Closes Coal-Fired Plant That Failed to Limit Emissions

STONY POINT, N.Y. One unit of the plant closed on Monday, while the other will close in one year, as stipulated by a 2003 consent decree. The emissions from the 350-megawatt Lovett plant are linked to acid rain and smog. At the time of the settlement, state environmental officials said the emissions from Lovett alone, […]

Saudi to keep oil supply curbs to Asia, Europe

Saudi Arabia, the world’s top oil exporter, will keep its crude oil supply curbs to Asia and Europe steady in June from May, industry sources said on Monday. The steady volume indicates that the kingdom, the largest producer in OPEC, is still keeping a lid on supply, following deals with other member countries to trim […]

E85 Health Report Disputed

Phil Lampert, Executive Director of the National Ethanol Vehicle Coalition, responds to a recent health report about the potential health and pollution risks of e85 ethanol. The report warns of possible cancer and ozone-related health consequences of a large-scale conversion from gasoline to ethanol, comparing the effects of gasoline vehicle emissions with those from ethanol […]

Climate change ‘will make millions homeless’

Climate change will take the number of refugees worldwide to a billion by 2050, according to a report. Global warming and its consequences will exacerbate a global crisis in which 155 million people have been displaced by wars, natural disasters and development projects, the study by Christian Aid warns. telegraph

Murdoch: I’m proud to be green

In one of the most unexpected conversions since Saul of Tarsus hit the road to Damascus, Rupert Murdoch is turning into a green campaigner. He is making the whole of his worldwide operations carbon neutral and setting out to “educate and engage” his readers and viewers about global warming. He believes his companies’ “global reach” […]

Deforestation: The hidden cause of global warming

The accelerating destruction of the rainforests that form a precious cooling band around the Earth’s equator, is now being recognised as one of the main causes of climate change. Carbon emissions from deforestation far outstrip damage caused by planes and automobiles and factories. The rampant slashing and burning of tropical forests is second only to […]

Big shake-up in Kuwaiti oil sector ‎

…Sheikh Ali also confirmed to Al-Wasat newspaper that the state’s proven oil reserves have fallen to 48 billion barrels, as reported last year by Petroleum Intelligence Weekly, down from an announced 100 billion barrels. However, he said Kuwait has additional probable reserves of around 150 billion barrels, especially after recent discoveries. Last month, Kuwait announced […]

Are We Rome?

The Empire in the Mirror The only sure thing that can be said about the past is that anyone who can remember Santayana In his provocative and lively

Union: Overloaded grid ready to

With temperatures already surging into the 80s and a scorching summer on tap, many Massachusetts communities could face a spike in blackouts – and possibly even explosions – from thousands of potentially dangerous overloaded electrical transformers. Documents obtained by the Herald show more than 12,000 transformers from Attleboro to Ayer are operating at above 200 […]

IEA study: large potential for biomass trade, under different scenarios

A new study by the International Energy Agency’s Bioenergy Task 40, the leading expert organisation studying the potential for international bioenergy trade, says the use of sustainably produced biomass for energy and liquid biofuels can be increased markedy from the current level over the next decades, when fossil fuels become scarce and more expensive because […]

India Sees Wind as Partial Answer to Its Perennial Energy Shortages

The Asian Development Bank is helping to finance a 100-megawatt wind energy plant in India as part of a drive to promote renewable energy sources in Asia. As Anjana Pasricha reports from New Delhi, India has emerged as the world’s fifth-largest producer of wind energy. voanews

Amish In Ohio Turned On To Solar Power

Here in central NY, we have a fair amount of Amish who have taken to living life in a more simple fashion. Horse-drawn buggies, hand sewn clothing, no telephones, etc. It’s actually refreshing to see a mode of transportation that relies on true horsepower. Their avoidance of technology does not mean they see such things […]

Exxon scores technical victory

On the beach of Sakhalin Island, some of the roughest, remotest terrain in the world, Exxon Mobil Corp. scored a major technical victory last month: It finished drilling a 7-mile-long hole, the longest between an onshore oil rig and an undersea oil field. Done in record time, the well marked a triumph in Exxon’s bid […]

Back to the drawing board

Questions are being raised about the long-term security and sustainability of energy supplies. Many energy analysts, including a bipartisan Australian Senate inquiry and the US Auditor-General, warn of the probability of a “peak” in global petroleum production, followed by an inexorable decline in global supplies. Such insecurity of petroleum supply would bring enormous challenges for […]

Purdue Will Reinvestigate Its Professor Who Claimed Desktop Fusion

Three months after it cleared him of research misconduct, Purdue University has begun a new inquiry into a professor who claims to have generated nuclear fusion in a desktop experiment, the university acknowledged yesterday. The new inquiry goes beyond the focus of an earlier one, which looked at whether the professor, Rusi P. Taleyarkhan, improperly […]

Legal minds plot an unclear future

In a world first, legal firm Minter Ellison has worked with mining company Rio Tinto Aluminium to develop a greenhouse gas reduction project. The initiative, known as Minding the Carbon Store, developed by project manager The Carbon Pool, kicked off at the beginning of last year. smh

Iran nuclear diplomacy makes nations aware of energy crisis: ambassador

According to the ambassador, countries will face crisis in meeting their energy needs because fossil fuels will one day be depleted. …”Crisis of energy shortage in years after 2015 is a serious dilemma which should urge all countries to consider nuclear energy as a major source to meet future energy demands,” he said. “Given the […]

Israeli researcher discovers new fungus that could provide low-cost alternative

Israeli researcher Dr. Amir Sharon of Tel Aviv University is on the trail. Sharon has discovered a transgenic fungus strong enough to convert even the most resilient plant parts into bioethanol, a chemical used for biofuel. Strengthened with an anti-death gene, this fungus is resistant to harsh conditions such as heat and toxic substances – […]

Q& A With Venezuela’s Energy Minister

On May 1, Venezuela went from being a minority partner to a majority stakeholder in four huge oil fields in the Orinoco Belt, known as the Faja. In doing so, it took operational control over fields that until then had been run by Exxon Mobil Corp., Chevron Corp., ConocoPhillips, Britain’s BP, Statoil of Norway and […]

Secret British Gas nuclear plans

Centrica, parent company of British Gas, has opened secret talks with French energy giants EDF and Areva about building nuclear power stations in Britain. Talks are at a preliminary stage, but it is understood senior executives in all three companies have discussed Centrica taking an equity stake in a consortium to build a new generation […]

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