Why aren’t Americans using less gas?

New York (Fortune) — With the usual summer spike in gasoline prices coming sooner and moving faster than anyone expected, the subject of energy is on everyone’s mind. Just this week, presidential candidate Barack Obama went to Detroit to bash the auto industry on mileage, and a Senate committee reported out a bill that would […]

Refinery down time being felt at pump

Drivers here seem resigned to gas near $3 through summer Gasoline prices are up, refineries are down and drivers are caught in the middle. Prices are topping $3 a gallon in many parts of the country, and rising in Houston. A hike at the pump is typical at the beginning of summer as Americans begin […]

UN advocates bio-energy certification

The United Nations are of the opinion that an international certification scheme should be set up to ensure that bio-energy products and biofuels in particular meet environmental standards all the way from the fields to the fuel tank. greenprices

Biofuel boom leading to price hikes of food products

Rising demand for plant-derived bioethanol has led to a shortage of cooking oil, pushing up prices of food products such as mayonnaise, and likely beef and even beer. Corn and sugarcane are increasingly being grown as ingredients for the eco-friendly fuel, leaving makers of food products that use those or other crops with limited supplies. […]

Radical Engine Redesign Would Reduce Pollution, Oil Consumption

Researchers have created the first computational model to track engine performance from one combustion cycle to the next for a new type of engine that could dramatically reduce oil consumption and the emission of global-warming pollutants. sciencedaily

Future of oil

Several oil giants have plunked down a collective billion-dollar bet on East Bay refinery upgrades they believe will help consumers, bolster fuel supplies, increase reliability — and harvest profits. Although each project differs in scope and details, the upgrades pursue at least two prizes. Some refineries will gain more capabilities to process “heavy” crude oils […]

Oil Industry Keen on Biofuels

I spoke this week with Al Mannato, the American Petroleum Industry’s Fuel Issues Manager about the new love for biofuels, and he surprised me with statements that made me believe Peak Oil isn’t just some far off idea. Mannato said more refineries will be expanded to be able to process fuel from agricultural products and […]

Urban farms empower Africa

Aid providers in Congo and elsewhere are discovering that lessons in farming can succeed where food handouts have not. KINSHASA, Democratic Republic of Congo – The fields that ended hunger for Hen But these plant beds wedged into the Quartier Mombele

Denmark banks on offshore wind power for ‘clean’ future

Denmark, a world leader in wind energy production and consumption, has built the world’s largest offshore wind park in the North Sea as it aims to generate 75 percent of its electricity needs with wind power by 2025. yahoo

Warming in Asia, Africa, threatens US: military brass

WASHINGTON (AFP) – From the Niger delta to weather-blighted Somalia and teeming South Asia, global warming poses daunting risks and a knock-on threat to US national security, retired military brass and US senators warned Wednesday. Higher global temperatures, melting polar ice and rising sea waters endanger millions of people, and the US armed forces must […]

Statoil Cuts Output Goal by 12% on Delays, Shutdown

Statoil ASA, Norway’s largest oil company, cut its 2007 production target by as much as 12 percent after the closure of a North Sea field and delays at projects from Azerbaijan to Algeria. Output will average between 1.15 million and 1.2 million barrels of oil equivalent daily this year, down from a previous target of […]

Nigeria: Gunmen Abduct 4 U.S. Oil Workers

The crisis in oil-rich Niger Delta region further degenerated yesterday, when gunmen abducted four U.S. oil workers from a barge off a coast near Chevron’s Escravous crude export terminal in Warri, Delta State. The abduction of the American oil workers came on the heels of Tuesday’s release of 11 workers of Daewoo Engineering and Construction […]

China beating India for African oil

India is competing with China in the African continent over two issues: Oil reserves in Africa and its strong presence in the United Nations in terms of membership. African membership will play a crucial role in determining India’s chances of getting a seat in the UN Security Council. New Delhi, which has stood behind Africa’s […]

Putin begins Central Asia tour aimed at boosting Moscow’s energy power

Russian President Vladimir Putin, on a Central Asian tour aimed at boosting Russia’s influence in the region’s rich energy sector, on Thursday agreed to allow more Kazakh oil to be shipped through Russian territory. At talks with Kazakh President Nursultan Nazarbayev, Putin agreed to the expansion of a pipeline that carries oil from Kazakhstan’s Tengiz […]

Africa faces energy crisis – report

Africa faces an energy crisis. It is not getting enough energy for its growing needs and the resources currently being used the most, are running out. This emerged from a progress report by Professor Firmino Mucavele, chief executive of the secretariat of the New Partnership for Africa’s Development (Nepad). The report was delivered to the […]

Iran

IranTurkishWeekly

Conoco CEO: Has not received firm proposal on Venezuela talks

ConocoPhillips has not yet received a definite proposal from the Venezuelan government on the future commercial terms of its investment there, but expects one before the end of June, Chief Executive Jim Mulva said Wednesday. “We have not received firm proposals at this time,” Mulva told reporters in at a press conference after the company’s […]

The Peak Oil Crisis: The Summer Ahead

Last week they began kidnapping foreign workers at an alarming pace FallsChurchNews

Gas price expected to rise in summer

Gasoline, already past $3 a gallon, is poised to rise this summer as robust demand for the fuel once again outpaces the ability of U.S. refineries to produce it. The reasons for high gas prices are many, ranging from the falling dollar to extraordinarily low supplies at gas stations and refineries, to tight markets around […]

Surge in biofuels OPEC headache

Increased use of biofuels and other measures that steer consumers away from oil could prompt OPEC to rethink its investment plans, an official from the crude producer group said yesterday. The European Union and nations around the world are looking at biofuels, made from plant and animal matter, to boost energy security, reduce greenhouse gas […]

Saudi cautious on oil plans as demand uncertain

Saudi Arabia’s reluctance to commit to boosting oil production capacity beyond 2009 is a response to the potentially huge impact on future demand of energy efficiency, alternative fuels and high prices. Demand uncertainty is providing little incentive for oil producers to risk investing billions of dollars on long-term projects to boost capacity, as they worry […]

No-frills airlines suffer as duty rise slows demand

It came as easyJet confirmed that its average fares were expected to fall in the six-month period from April to October, traditionally its profitable half of the year. In a further indication that tax increases are beginning to hit no-frills airlines in particular, BAA reported a surprise 1.6 per cent drop in passenger numbers across […]

Peak Oil as a Behavioral Problem

Peak oil is the point at which oil production reaches a maximum value and thereafter declines. Because of the dependence of industrialized society on oil, peak oil may be one of the most important, possibly cataclysmic, events in modern history. Averting economic damage due to peak oil is defined as a behavioral problem requiring avoidance […]

Coal

The three primary take-away conclusions from the new coal study are as follows: energybulletin

EWEA: 180 GW of Wind Power Possible in Europe by 2020

Wind power could generate up to 16% of Europe’s electricity by 2020. This was the message delegates heard at the opening of the European Wind Energy Conference (EWEC) in Milan, Italy, yesterday. Shi Lishan, Director of Renewable Energy at the Chinese Energy Bureau, who is leading an 80 person delegation to the conference, said that […]

OVL finds huge gas reserve in Iran

ONGC Videsh Ltd, (OVL) on Wednesday announced that the company has made a natural gas discovery with in-place reserves being estimated at around 10 trillion cubic feet in Iran. Previously, OVL had discovered oil in Iran newindpress

Tropical plants more adaptable to rainfall change than thought

WASHINGTON, May 7 (Xinhua) — Tropical plants may be more adaptable than commonly thought to changing rainfall patterns expected to accompany a warming climate, according to a new research published on Monday on the on-line edition of Proceedings of the National Academy of Sciences. mathaba

Wind may usher in 2nd industrial revolution

Wind power is expected to generate up to 16 per cent of Europe’s electricity by 2020, a key conference on the sector in Milan, Italy, heard on Tuesday. With the EU having set legally binding targets of generating 20 per cent of renewable energy, ten per cent through biofuels and a 30 per cent cut […]

A World of Difference in Energy Access

About 56 percent of total energy use comes from traditional biomass worldbank

World Powers Eye Central Asia’s Energy

Russia and China are trying to counter EU efforts to secure fresh energy supplies in Central Asia, the EU’s top regional envoy, Pierre Morel, has warned, with analysts worried Turkey could also start competing with European interests if its EU accession hopes fade. “There’s a level of competition – you’ve got Russia, China and the […]

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