Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


News from June 2007

Solar Energy “Ueberalles”

Solar Energy “Ueberalles” thumbnail

The mood at Intersolar, the world’s largest solar energy conference and expo, is so upbeat and positive about the future, one gets the feeling that the old guard of energy renewableenergyaccess


Darfur conflict heralds era of wars triggered by climate change

Darfur conflict heralds era of wars triggered by climate change thumbnail

The conflict in Darfur has been driven by climate change and environmental degradation, which threaten to trigger a succession of new wars across Africa unless more is done to contain the damage, according to a UN report published yesterday. “Darfur … holds grim lessons for other countries at risk,” an 18-month study of Sudan by […]


The fight for the world’s food

The fight for the world’s food thumbnail

On the supermarket shelves the signs are still subtle. But the onset of a major change will be sitting in front of many people this morning in their breakfast bowl. The price of cereals in this country has jumped by 12 per cent in the past year. And the cost of milk on the global […]


Busting the peak oil myth

Busting the peak oil myth thumbnail

Last fortnight, a leading oil MNC came out with its Annual Statistical Review of World Energy and leading business papers splashed it across their front pages. This is an annual ritual in which the company reminds the world that oil is a scarce commodity and will soon be extinct like the dodo. As per the […]


Refiners hit brakes on growth

Refiners hit brakes on growth thumbnail

As project cost soar, companies are rethinking their plans to add capacity Recently, Placid Refining Co. was ready to launch a major expansion of its oil refinery in Port Allen, La., when it received some unwelcome news. In the year since it hatched the idea and ran the numbers, the cost of the project jumped […]


ADM eyes Brazilian ethanol, report says

ADM eyes Brazilian ethanol, report says thumbnail

NEW YORK (CNNMoney.com) — Archer Daniels Midland, the nation’s largest producer of ethanol fuel from corn, is setting its sights on a move into Brazil’s sugar cane-based ethanol business, according to a published report. The Wall Street Journal says ADM is exploring a variety of strategies to enter Brazil’s ethanol market, ranging from building sugar-cane […]


Not Buying It

Not Buying It thumbnail

…Freegans are scavengers of the developed world, living off consumer waste in an effort to minimize their support of corporations and their impact on the planet, and to distance themselves from what they see as out-of-control consumerism. They forage through supermarket trash and eat the slightly bruised produce or just-expired canned goods that are routinely […]


Senate holds up energy package

Senate holds up energy package thumbnail

Senate Republicans on Thursday blocked an energy tax package that includes new incentives for cellulosic ethanol and other biofuels. But Iowa Sen. Charles Grassley, who supports the tax provisions, predicted that they would eventually get through Congress. Grassley is the senior Republican on the Senate Finance Committee, which drafted the tax package. It includes a […]


The Ripple Effect Of Refinery Fires

The Ripple Effect Of Refinery Fires thumbnail

Production Breakdowns Push Gas Costs Higher Across Industry In February, fire broke out at a 74-year-old oil refinery in the heart of the Texas Panhandle. At about 2 o’clock on a Friday afternoon, liquid propane escaped from storage tanks, formed a vapor cloud and ignited. Within minutes, buttresses that held pipes 25 to 30 feet […]


BP sells Russian gas field stake to Gazprom

BP sells Russian gas field stake to Gazprom thumbnail

LONDON (Reuters) — BP Plc said on Friday its Russian joint venture TNK-BP had agreed to sell Gazprom its 62.9 per cent stake in Rusia Petroleum, the company which holds the licence for the Kovykta gas field in East Siberia. TNK-BP will also sell its 50 percent interest in East Siberian Gas Company, the company […]


South Africa: Gas shortage fuels fears

South Africa: Gas shortage fuels fears thumbnail

The gas shortage that has plagued the Western Cape for almost two months is causing havoc in the lives of many. And with Chevron’s recent announcement that it will have no supply of liquefied petroleum gas (LPG) for another week, some restaurant owners fear their businesses will be severely compromised. On Thursday Chevron said unexpected […]


Complicated Symmetry Between Oil and Politics

Complicated Symmetry Between Oil and Politics thumbnail

Oil is a finite source, everyone concedes. Even if the issue on crude production has peaked or not is kept aside for the time being, one thing is certain, the galloping global consumption is straining the overall balance. BP’s Statistical Review of World Energy released recently appears to underline that the world still has enough […]


Scarcity of Goods Sows Frustration Among Argentines

Scarcity of Goods Sows Frustration Among Argentines thumbnail

BUENOS AIRES — At the height of rush hour, Luis Ibanez parked his taxi in the middle of the busiest intersection of this city, got out of the car and stood cross-armed in the street as traffic jammed around him. Dozens of other cabdrivers joined him Friday, protesting a national shortage of compressed natural gas […]


False in one thing, false in everything

False in one thing, false in everything thumbnail

What is the “one thing” an energy review needs to review? It is the imminent (or perhaps passed) peak in global crude oil production, on which the entire world depends for its mobility and its chemicals. The only reference to a peak in oil production in the 342 pages of “The White Paper on Energy […]


Nigerian strike intensifies after talks fail

Nigerian strike intensifies after talks fail thumbnail

ABUJA (Reuters) – Nigerian unions threatened to disrupt power and water supplies on Friday after talks collapsed on the third day of a general strike to protest against a rise in fuel prices. The strike in Africa’s top oil producer has stopped most sectors of the economy, including ports, airlines, public transport, government offices and […]


Australia: Ethanol target a big problem

Australia: Ethanol target a big problem thumbnail

The major biofuel in Australia is ethanol, which is made from sugar cane and grain. But a government research paper released today says Australia may be forced to import wheat if the target is met and drought is still raging.“If all of the ethanol capacity that is currently proposed was to be fulfilled by existing […]


Problems of Uranium Mining in Russia

Problems of Uranium Mining in Russia thumbnail

According to Russia’s Energetic Strategy through 2020 (herein referred to as Energetic Strategy) approved by the Russian government, Russia aims to increase atomic energy production from 16% to 23% with an increase in electricity generation at APP from 130 to 230-300 billion KW/h a year.At the same time it is probable that total uranium production […]


Energy sector looking increasingly bullish

Energy sector looking increasingly bullish thumbnail

After analyzing, researching and following the ebbs and flows of this oft-perplexing economic arena, there are several factors that make it almost certain a global supply/demand crunch is on the way. This encompasses growing geopolitical problems, a lack of a meaningful energy policy in the world’s No.1 energy consumer, the United States; and an inversion […]


Pemex Says May Oil Output Falls 6.6% From Year Ago

Pemex Says May Oil Output Falls 6.6% From Year Ago thumbnail

Petroleos Mexicanos, the state-owned oil monopoly, said crude production fell 6.6 percent in May from a year earlier and dropped to its lowest this year as the company struggles with declining output from its Cantarell field. Daily output was 3.11 million barrels, down from 3.33 million in May 2006, the Mexico City-based company said today […]


World’s first coal-to-oil mass converter due to start operation this year

World’s first coal-to-oil mass converter due to start operation this year thumbnail

Towering above the sweeping grasslands of Erdos, in north China’s Inner Mongolia Autonomous Region, two 60-meter-high cylindrical structures stand out against the skyline. The structures — reactors for liquefying coal — are part of a project to mass produce desperately needed fuel oils from China’s rich coal resources.More than 10,000 workers from across China are […]


Sudan: The oil factor

Sudan: The oil factor thumbnail

The oil may not be enough to protect Sudan’s government for ever Few countries owe so much, over so little time, to the magic of black gold as does Sudan. From near-bankruptcy in the early 1990s, Sudan has trebled its GDP in the past seven years thanks to the discovery and exploitation of oil; it […]


Opec rejects EU demand to increase oil production

Opec rejects EU demand to increase oil production thumbnail

Opec has rejected European Union calls to pump more crude so consuming nations can replenish stockpiles and ease the impact of supply disruptions from the Middle East and Africa. “There is plenty of oil in the market, the stocks are very high, they are above the five-year average,” Abdalla el-Badri, the Opec secretary general said […]


Nevtah/Black Sands Energy`s Oil Sands Extraction Technology

Nevtah/Black Sands Energy`s Oil Sands Extraction Technology thumbnail

Nevtah Capital Management (PINKSHEETS: NTAH) and its joint venture partner, Black Sands Energy, today announced the inclusion of their patented, closed-loop extraction process in a June 2007 Report issued by the U.S. Department of Energy and the offices of Petroleum Reserves, Naval Petroleum and Oil Shale Reserves. The Report, titled “Secure Fuels From Domestic Resources, […]


ExxonMobil Chairman Highlights Commitment to Meeting Growing Energy Demand

ExxonMobil Chairman Highlights Commitment to Meeting Growing Energy Demand thumbnail

He highlighted ExxonMobil actions to increase energy efficiency in the short-term, advance current emission-reducing technologies in the medium-term, and develop breakthrough technologies in the long term. Citing ExxonMobil’s long standing commitment to energy efficiency, he said that steps the corporation has taken since 1999, resulted in the avoidance of 12 million tonnes of greenhouse gas […]


Ethanolics Unanimous

Ethanolics Unanimous thumbnail

To paraphrase the Jack Nicholson line…”We can’t handle the truth..about corn, peak oil, unsustainable lifestyles and how we’re ripping off future generations.” The switchgrass crowd, biodiesel crowd, and others intent on devouring soil and landscapes, might be somewhat less devastating, but the same problems will exist to the degree that the earth’s ability to support […]


Iraq War Going Once. Twice. Sold! To the Democrats!

Iraq War Going Once. Twice. Sold! To the Democrats! thumbnail

Will the Iraq war end, and US interventions in the Middle East come to a close with the exit of President George W Bush from the world stage? No. That die was cast long ago, when cities like Los Angeles were built the way they are. There might be numerous reasons to eject the Republicans […]


SANYO develops World’s Highest Energy Conversion Efficiency Solar Cells

SANYO develops World’s Highest Energy Conversion Efficiency Solar Cells thumbnail

SANYO has broken its own record for the world’s highest energy conversion efficiency in practical size crystalline silicon-type solar cells. The company achieved this solar energy breakthrough by demonstrating an efficiency of 22% (beating a previous record of 21.8%) at a research level for its HIT solar cells, the first time that a photovoltaic manufacturer […]


World needs

World needs thumbnail

The world needs legal guidelines for burying greenhouse gases to help the still tiny business become one of the main ways of fighting global warming by 2050, the International Energy Agency (IEA) said yesterday. gulf-times


Analyst: Oil Majors’ Reserves Slipping

Analyst: Oil Majors’ Reserves Slipping thumbnail

The world’s major oil companies replaced reserves at levels below 100% for the third straight year in 2006, while costs to find and produce the key asset continued to rise, a new analysis shows. Reserve replacements last year, excluding acquisitions and divestitures, were 91%, slightly below the 92% replaced in 2005, according to a report […]


ExxonMobil CEO: OPEC Membership Not Affecting Angola Plans

ExxonMobil CEO: OPEC Membership Not Affecting Angola Plans thumbnail

Angola’s decision to join the Organization of Petroleum Exporting Countries hasn’t affected Exxon Mobil Corp.’s (XOM) plans to develop reserves in the African country, the energy major’s chief executive said Thursday. Angola officials say they intend to boost the country’s oil output 25% to 2 million barrels a day next year. OPEC Secretary-General Abdalla Salem […]


« Previous PageNext Page »



Oil News Categories


Recent Board Topics


Archive


LATEST NEWS HEADLINES


PO Real Time

No tweets available