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News from May 2007

AccuWeather forecasts active 2007 hurricane season

AccuWeather forecasts active 2007 hurricane season thumbnail

The 2007 Atlantic hurricane season will bring 13 to 14 named storms, of which six or seven could strike the United States, AccuWeather.com said in its hurricane season forecast on Tuesday. Florida and the U.S. Gulf Coast are the most at risk. “The highest area of risk has swung southwest from the Atlantic to Florida […]


Scientists work on Encyclopedia of Life

Scientists work on Encyclopedia of Life thumbnail

In a whale-sized project, the world’s scientists plan to compile everything they know about all of Earth’s 1.8 million known species and put it all on one Web site, open to everyone. The effort, called the Encyclopedia of Life, will include species descriptions, pictures, maps, videos, sound, sightings by amateurs, and links to entire genomes […]


Hard to Deny: Iraq Is All About the Oil

Hard to Deny: Iraq Is All About the Oil thumbnail

In the run-up to the invasion of Iraq in 2002-2003, oil was seldom mentioned. Yes, Deputy Secretary of Defense Paul Wolfowitz did describe the country as afloat “on a sea of oil” (which might fund any American war and reconstruction program there); and, yes, on rare occasions, the President did speak reverentially of preserving “the […]


U.N.: Not so fast with ethanol, other biofuels

U.N.: Not so fast with ethanol, other biofuels thumbnail

ROME – Biofuels like ethanol can help reduce global warming and create jobs for the rural poor, but the benefits may be offset by serious environmental problems and increased food prices for the hungry, the United Nations concluded Tuesday in its first major report on bioenergy. In an agency-wide assessment, the United Nations raised alarms […]


Right Now – Kunstler

Right Now – Kunstler thumbnail

I got a letter last week from a reader complaining bitterly that the stock market hasn’t crashed and blaming me for predicting that it would. He didn’t say, but I hope he hadn’t been out there on a shorting spree. In case any of you haven’t noticed, 2007 is not over yet. The markets have […]


Nigeria: Fuel Scarcity Hits North

Nigeria: Fuel Scarcity Hits North thumbnail

Scarcity of petrol has hit northern parts of the country, as speculation emerged of an impending fuel price hike by the authorities. The situation has got worse since it began last week as more filling stations in most part of the northern states ran out of supplies. There were speculations that some marketers have resorted […]


America’s ‘Energy Policy’: It’s Still All About Oil

America’s ‘Energy Policy’: It’s Still All About Oil thumbnail

…And then there’s America’s energy policy, and it’s generous to use the word “policy” in describing it. The transition of our nation from a manufacturing to a service economy may be nearly complete, but it’s certainly not reflecting in our continued demand for oil, which is greater than ever. By necessity (and to its credit), […]


Nigerian Protesters Force Chevron Facility Closure

Nigerian Protesters Force Chevron Facility Closure thumbnail

Protesters armed with machetes occupied a Chevron Corp. (CVX) oil installation in southern Nigeria Monday, forcing the facility to be temporarily shut down and causing a small cut in production, officials said. Chevron spokesman Femi Odumabo said the Ebite flow station, which produces 42,000 barrels a day in the west of the Niger Delta region, […]


Pushing the planet to its limit

Pushing the planet to its limit thumbnail

University of British Columbia Prof. Bill Rees, the man who coined the term “ecological footprint,” still tries to keep his own footprint as small as possible, but he says no one can do it alone. He uses a grim analogy to make his point: North Americans may use a disproportionate amount of the world’s resources, […]


Members tackle EU`s energy goal

Members tackle EU`s energy goal thumbnail

…Reasons cited for the push for renewable energy and wind power included Saudi Arabia having passed its peak oil production in 2005, climate change and growing population, said Michael Mueller, parliamentary state secretary of the Ministry for Environment, Conservation and Nuclear Safety in Germany. Europe has also nearly reached the peak of its hydroelectric capacity. […]


For Energy Wasters, the Heat Is On

For Energy Wasters, the Heat Is On thumbnail

Now here’s an invasion of privacy I can really get behind. (Or rather, above.) A British company called Hotmapping has been doing thermal surveys of local districts using spy planes. The results are being posted on the web by district councils, with the upshot being that you can now see which houses are leaking heat. […]


The Great Oil Robbery

The Great Oil Robbery thumbnail

In case you’re wondering why crude oil prices are down from last year, hanging around at about $60 a barrel, while gasoline prices have soared past $3.10/gallon nationwide, just check out the latest profit reports from the oil companies. They are at record levels. The answer for this seeming contradiction is simple: Americans are being […]


Melting Of The Greenland Ice Cap May Have Consequences For Climatic Change

Melting Of The Greenland Ice Cap May Have Consequences For Climatic Change thumbnail

According to two international-research studies on the last ice age, studies with the participation of Dr Rainer Zahn, research professor in the ICREA at the UAB Institute of Environmental Science and Technology (ICTA), before the great ice sheets of the Arctic Ocean began to melt, early sporadic episodes of melting of the old ice sheet […]


A can-load of energy

A can-load of energy thumbnail

Gladstone makes enough aluminium for almost 40 billion cans a year Not surprisingly, Rio Tinto is growing worried about its CO2 emissions. They don’t fit well with its new environmentally- and socially-aware image. And even though Australia is currently a Kyoto refusenik, the company reckons the government will soon sign up to future emissions reduction […]


Tropical plants may adapt more easily to climate change than thought

Tropical plants may adapt more easily to climate change than thought thumbnail

As rainfall patterns change due to global warming, tropical plants may acclimate more easily than commonly thought, new research shows. The findings are highly important for countries in the South who are set to become biofuel producers, relying on tropical energy crops, and for the livelihoods of millions of smallholders in the developing world who […]


City wakes up to economic threat of global warming

City wakes up to economic threat of global warming thumbnail

In 1798 Thomas Malthus forecast that a huge increase in population would outpace food production by the mid-19th century, leading to a catastrophic famine. He was wrong. Malthus could yet be proved right, though not in the way he envisaged. Today, scientists worry that global warming will lead to the sort of disaster Malthus predicted. […]


Saudis reject supply fears but won’t increase output

Saudis reject supply fears but won’t increase output thumbnail

Saudi Arabia and other Gulf producers have assured Asian countries their oil supply is secure at a recent meeting in Riyadh. But Middle East oil ministers attending warned they would not increase output to ease high prices. “I would like to assure you that the importing Asian nations can depend on West Asia for future […]


Nigerian oil bombings cut output

Nigerian oil bombings cut output thumbnail

ABUJA (Reuters) – Nigerian rebels blew up three oil pipelines in the Niger Delta on Tuesday, forcing Italian oil giant Eni to halt production of 150,000 barrels per day (bpd) feeding its Brass export terminal, a source at Eni said. The Movement for the Emancipation of the Niger Delta (MEND), which has now shut down […]


Fiddling with figures while the Earth burns

Fiddling with figures while the Earth burns thumbnail

If you want to get some idea of what much of the Earth might look like in 50 years Lovelock has delivered such warnings before, but this weekend they have a special resonance. Last week in Bangkok, Thailand, the world


Negligence blamed in gas pipeline blast

Negligence blamed in gas pipeline blast thumbnail

KIEV, Ukraine – Negligence was to blame for the explosion of a natural gas pipeline that supplies Russian gas to Europe, Ukraine’s top prosecutor said Tuesday. Monday’s blast destroyed about 100 feet of the Urenhoi-Pomary-Uzhhorod line south of Kiev. Nobody was injured. Prosecutor General Svyatoslav Piskun said that shifting soil led to a break in […]


Turkey: Peak Oil or Dependence on Russian Gas-Which is more important

Turkey: Peak Oil or Dependence on Russian Gas-Which is more important thumbnail

…So, it will not be wrong to say that, Turkey The answers to this questions is not easy. On important thing is the decrease in oil consumption growth does not necessarily diminished the energy imports. Turkey


Turning oil refineries into biorefineries: EU launches BIOCOUP project

Turning oil refineries into biorefineries: EU launches BIOCOUP project thumbnail

Adapting existing mineral oil refineries for use as biorefineries is the goal of an ambitious new EU funded project called BIOCOUP.Biopact


Analysts want clearer picture on PetroChina discovery data

Analysts want clearer picture on PetroChina discovery data thumbnail

David Johnson and Vivian Wong of Macquarie said in a report titled Too High, Too Soon, the “share price increase has been overdone and there is some risk of a correction once more details of the discovery are announced.”

They questioned how PetroChina came up with figures so quickly as it usually “takes 12 to 15 months of analysis before details of a find of this size can be announced with confidence and many large discoveries have been downgraded after further appraisal.”

The Standard


A Pending Bust for Ethanol?

A Pending Bust for Ethanol? thumbnail

President George W. Bush’s January, 2006, declaration that the U.S. is “addicted to oil” marked the beginning of a gold rush for corn growers: The government policies the comment helped spur have been a boon for the producers of corn-based ethanol, the all-American fuel that now displaces about 4% of U.S. gasoline supply. Over the […]


New oil field expected to pump 10m tons annually

New oil field expected to pump 10m tons annually thumbnail

CHINA’S newly found oil field in Bohai Bay is expected to reach an annual output of 10 million tons by 2012 and will play an important role as one of the country’s long-term oil reserves, two high ranking officials of PetroChina Co Ltd said in Beijing yesterday. The Jidong Nanbao Oilfield, which was considered to […]


Massive project gets started in oil sands

Massive project gets started in oil sands thumbnail

Total SA took the first step yesterday toward building a multibillion-dollar bitumen upgrader near Edmonton, a construction project that will require 4,000 workers – about what it took to build the iconic Hoover Dam. Huge oil sands projects have become almost commonplace, but their enormous scale is still impressive. Each effort requires a work force […]


State’s gasoline prices at new high

State’s gasoline prices at new high thumbnail

Retail gasoline prices in California jumped a dime to a new high of $3.461 a gallon during the last week as the national average came close to a new record, the Energy Department said Monday. There appeared to be no relief in sight with the start of the traditional summer driving season less than a […]


Expert says India will export around 1.5 million b/d of oil by 2010

Expert says India will export around 1.5 million b/d of oil by 2010 thumbnail

Fereidun Fesharaki, a well-known expert on energy questions and CEO of FACTS Global Energy, recently told a conference in Dubai, that India would become an oil exporter of around 1.5 million barrels a day (b/d) by 2010, which could rise to 1.65 million b/d by 2012. Speaking at the Middle East Petroleum and Gas Conference […]


Walking a Slick Tightrope

Walking a Slick Tightrope thumbnail

Here we are walking on a tightrope, and most of us don’t even realize it. That tightrope is nothing more than the dicey geopolitical situations in many of the places where the biggest reserves of crude oil are located. And while we could probably list about half of the OPEC contingent as capable of precipitous […]


Grand strategy for the Middle East

Grand strategy for the Middle East thumbnail

Prime Minister Shinzo Abe has returned from a five-country tour of the Middle East. Ostensibly, Mr. Abe was focusing on energy security but his visits encompassed much more than that. Mr. Abe was raising Japan’s diplomatic profile in a region that is vital to its national security JapanTimes


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