A depopulation explosion?

…What William Catton, in his classic work Overshoot, called So far, this supports the catastrophist model, but there

Palestine: Gas reserves and the national energy system

The discovery of off-shore gas reserves in Palestinian territorial waters alters Palestinian energy policies dramatically and may have repercussions on relations with Israel, currently the Palestinian National Authority The gas

Opec rigidity will bleed oil markets – IEA

Paris – Oil markets risked tightening later this year if Opec was inflexible over supply, the International Energy Agency (IEA) said yesterday as it sharply raised its estimate for world oil demand. The IEA pointed to unexpectedly strong demand in big emerging economies, a sharp supply fall last month and another crimping of supply this […]

Alex Petroff’s Congo project gains momentum

BRUNSWICK …After graduating from Hampshire College last year, Petroff returned to the Democratic Republic of Congo to start building a village, patterned after his 80-page senior project that proposed self-sustaining, oxen-powered agrarian villages as a mode of economic development. …”It’s a model that we may all need to adopt as peak oil becomes more and […]

Alberta’s era of abundant natural gas coming to an end

EDMONTON – Age is overtaking the top money earner that paid off the provincial deficit and fuelled budget surpluses as energy prices rose since 1999. After more than half a century of growth as the Canadian supply mainstay Alberta natural gas production has peaked and entered a decline that will continue no matter how much […]

How Corn-Based Ethanol Can Lead To Disaster

As the Bush administration continues to push its alternative fuels agenda, it has become increasingly evident that corn-based ethanol could be as much the global villain as a boon to society. Instead of improving the environment and moderating oil prices, corn-based ethanol could result in mass deforestation, strained land and water resources, increased food prices, […]

U.S raises gasoline price forecast on tight supply

The government’s top energy forecasting agency on Tuesday raised its estimate for summer retail gasoline prices by almost 10 cents a gallon due to tight supplies and problems at the nation’s refineries. Pump prices are expected to average $3.05 a gallon during the summer driving season that runs from April through September, the Energy Information […]

BP: World has enough oil for forty years

Peter Davies, BP’s outgoing Chief Economist, rejects the “peak oil” claims that oil production is already at or near its peak. “We don’t believe there is an absolute resource constraint,” he said. “When peak oil comes, it is just as likely to come from consumption peaking, perhaps because of climate change policies or for some […]

Securing the future – An oil company perspective

Tony Hayward, BP’s group chief executive, gave a speech that discusses some of the 21st century challenges the world faces in the matter of energy and what we as an industry might do to meet the challenge. Spero

World Energy Patterns Showed Evidence of Shifting in 2006

The year 2006 was another year of high and volatile energy prices. But despite high prices, world energy consumption growth remained above average, continuing the trend of recent years Energy use is also increasingly shifting away from OECD countries and becoming more carbon-intensive. It was a year when energy markets were once again the centre […]

EIA Reviews Short-Term Energy Outlook

The US’s Energy Information Service (EIA) reports that global oil demand in the third quarter of 2007 would be 100,000 barrels per day higher than previously thought, at a total estimated $85.9 million bpd. After rising to a weekly record-level nominal price of $3.22 per gallon on May 21, retail regular motor gasoline prices have […]

Global oil demand to step up in 2007 despite higher prices

Despite high prices, global oil demand growth has been maintained in recent years and appears to be stepping up this year albeit from constrained 2006 levels, according to petroleum trader and refiner the Vitol Group. “Recent U.S. demand has been supported by a relatively cold or prolonged winter heating season and a sustained pick-up in […]

Three Triggers for Higher Oil Prices

Kuwait’s giant Burgan oil field already peaked. Reserves in Saudi Arabia’s humongous Ghawar field, which pumps roughly five million barrels of oil every day (meeting 6% of the world’s demand) are declining at 8% a year. In fact, Saudi oil production has been dropping since 2004. They say they’re cutting by choice. If the product […]

Report says biofuel puts developing countries’ water at risk

Increasing agricultural output for biofuels is further expected to put more pressure on water resources, says a new report from India-based research company RNCOS. Countries struggling with the problem of inadequate water supplies would be particularly hard hit by increased demand for agricultural land predicts the report.RNCOS, which publishes Biofuel Market Worldwide (2007-2010), cites a […]

Spain Farmers Root out Biofuel Myth

The current increase in biofuel production is threatening livestock, and leading to a rise in the prices of cereals, chicken, pork, and beef, the Spain s Union of Small Farmers (UPA) warned on Monday. UPA issued a release alerting on the upward trend of raw materials for animal food, thus affecting animal breeding.The organization urged […]

China blocks food for biofuel

Chinese biofuel producers should only use non-food crops, the government said yesterday, following fears of shortages and further price rises that could occur as demand for greener energy increases.The moratorium will ease manufacturing concerns about competing for ingredients being used to make ethanol and biodiesel. Corn is currently accounts for 90 per cent of the […]

Biofuel is gold rush of the 21st century, says FAO

The worldwide upsurge of interest in biofuels can best be described as the “Gold Rush of the 21st Century”, said Food and Agriculture Organisation’s (FAO) deputy regional chief for Asia and the Pacific Hiroyuki Konuma. He said that worldwide, about 14 million hectares or about one per cent of the world’s available arable land, were […]

Japan: Govt eyes boosting domestic biofuel output

The Agriculture, Forestry and Fisheries Ministry plans to introduce new legislation to establish measures to boost domestic biofuel production, according to ministry sources. The ministry will set up a team to discuss details with other ministries and agencies, the sources said.It plans to submit a bill to the ordinary Diet session next year. Under the […]

India: Energy Conservationists Warn Against Buildings With Glass Facades

As the country faces acute power shortage and global warming debate hots up, energy conservationists caution against growing number of buildings with glass facades dotting the landscapes of cities as being responsible for energy consumption much in excess a normal structure would do. Real estate developers, however refute this as incorrect. “If you see the […]

China: Sweating it out

China’s central government ordered a day without air conditioners on Tuesday as a gesture to exhibit its resolution to cut energy consumption and improve energy efficiency. The campaign, dubbed “experiencing energy shortage”, has drawn the participation of offices and government departments under the State Council.Beijing was not as sun-burning as previous days on Tuesday, but […]

Beijing dispatches energy-saving cops

Quick, check the thermostat — the energy police are on patrol. Businesses in Beijing will have to be more aware of their energy use after the city formed a team to monitor energy-saving practices in response to the central government’s calls to cut consumption in big cities, state media reported. Xinhua News Agency said the […]

Intel and Google’s energy drive

Web search leader Google Inc. and semiconductor maker Intel Corp. launched a broad-based program on Tuesday to introduce more energy-efficient personal computers and server systems to save energy and reduce greenhouse gas emissions. Called the “Climate Savers Computing Initiative,” the new program has signed on computer makers Dell Inc., Hewlett-Packard Co., IBM, Lenovo Group Ltd., […]

Big oil companies cancel expansion projects

Instead of expanding their refinery capacity – which could drive fuel prices down – big oil is canceling expansion projects, according to the Wall Street Journal. The newspaper reports that Valero, ConocoPhillips and Tesoro have all delayed or scrapped plans for refinery expansions or improvements.According to the Journal, the oil companies used to argue that […]

How close to peak oil are we?

My conclusions at very best Supply will remain tight and prices high barring a major economic setback Oil supply will peak in 2011/12 at about 92-94 million barrels/day There will be [be] supply shortfalls in winter before Peak Oil supply in international trade may peak earlier than the oil production peak Aided by CERA’s optimism […]

RUSSIA CONSIDERS INCREASING COAL USE TO FACILITATE GAS EXPORTS

The Russian government has repeatedly pledged to reduce natural gas consumption in power generation and increase coal use, in order to maximize gas exports. Earlier this year, Russian President Vladimir Putin also suggested that coal be given a greater role. But this goal would require large-scale construction of coal-fired power generation facilities, totaling some 40 […]

Russia’s new oil order

Over the past decade, Russia’s oil and gas companies have held two big lures for investors. The first was their privileged position in a country brimming with oil and gas. The second was the silver lining of decades of Soviet mismanagement. By applying western methods and technology to existing, poorly developed sites, Russia’s majors could […]

Drilling firms race to discover oil in deep water

Oklahoma City-based Devon Energy Corp. and its partners this month unveiled the newest armament in the race to tap what many energy industry observers say is the greatest oil field find in at least three decades. Devon has said its share of the four proven fields so far could yield 900 million barrels of oil […]

Clean Energy Industry Coalition Urges Senate to Support Clean Energy

As the Senate considers energy legislation this week, the Business Council for Sustainable Energy (BCSE) called upon Senators to support multiple key clean energy priorities including upgrades to residential and commercial building codes, a national renewable energy portfolio standard (RPS), an energy efficiency resource standard (EERS), and smart grid technology programs, among others. commondreams

EIA Predicts ‘07 Hurricanes Will Shut In US Gulf Oil, Gas

Hurricanes that could sweep through the U.S. Gulf of Mexico this summer or fall are likely to shut in production of about 13.2 million barrels of crude oil and 86.5 billion cubic feet of natural gas, the U.S. Energy Information Administration predicted Tuesday. The agency based its prediction on a recent forecast by the National […]

Bush agrees to CO2 cut, with strings attached

George Bush last night pledged the United States to a “substantial” cut in greenhouse gas as the west’s leading industrial nations agreed to negotiate a new climate change deal within the next two years. After strong lobbying from EU leaders, Mr Bush agreed to “seriously consider” a proposal that would result in a 50% cut […]

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