A German City’s Long Focus on the Sun

With its focus on solar energy, Freiburg demonstrates the progress that can be made by promoting, developing and using renewable energy. But the city of more than 200,000 in the sunny southwestern corner of the country also is an example of how far technology in the solar sector has to go – it produces less […]

Exaggerated oil recovery

It is reasonable to ask at this juncture why the the NPC is still fiddling while Rome burns, still talking about “accumulating risks” to the oil supply. The IEA has finally made their position on the future oil supply clear energybulletin

Russia offers tax breaks to boost oil, gas development

Russia’s government ia aiming to boost foreign investment and expertise even further, by offering tax breaks for the development of remote and depleted gas and oil fields. russiatoday

Keeping Our Motor Running

Naturally, the headlines topping stories about the 422-page report released Wednesday by the National Petroleum Council are far bleaker than the study’s contents. Most focused gloomily on the report’s projection of rising energy demand. The real problem, according to the council, is getting to the energy resources and putting them to use. Maybe that’s why […]

Are Democrats the Peak-Oil Party?

My take: Between fears of global warming and higher energy prices, energy looks certain to be a major issue for the first time in a presidential election since 1980. Democrats already seem to have realized and are formulating specific plans, like Hillary Clinton’s idea of a $50 billion energy research fund, or a similar $10 […]

Researchers develop inexpensive, easy process to produce solar panels

physorg

Conoco has big plans for oil sands

ConocoPhillips Co. is prepared to spend billions of dollars on pipelines and refinery upgrades to allow it to process oil sands crude throughout its refinery network stretching to the U.S. Gulf Coast, company chairman Jim Mulva said Thursday. The extension of the pipeline network into the Gulf Coast would open a vast new market for […]

Plug-in hybrids would slash carbon output by 2050, report says

Plug-in hybrid cars would cut U.S. greenhouse gas emissions by 500 million tons a year by 2050 without taxing the electric grid, according to a report issued Thursday by an unusual coalition of power companies, General Motors and the Natural Resources Defense Council. iht

ConocoPhillips CEO: Gazprom Wants More Talks on Shtokman

Gazprom OAO (GSPBEX.RS) officials have told ConocoPhillips (COP) that they’re interested in talks about the U.S. company’s inclusion in the massive Shtokman liquid natural gas project in Russia, the head of ConocoPhillips said Thursday. Gazprom signed a deal earlier this month with France’s Total SA (TOT) to be the leading international participant, leaving competitors Statoil […]

Crucial six months to stop the lights going out

Britain’s energy policy is entering a crucial phase with decisions over the next few months shaping the country’s ability to meet demand over the next two decades, according to energy minister Malcolm Wicks. Climate change and the geopolitics of energy supply and demand will be among the big issues of the 21st century and the […]

Sea levels may rise by 9 inches this century, scientists warn

The melting of mountain glaciers and ice caps as a result of global warming over the next century is likely to cause bigger than expected increases in sea levels. An assessment of the volume of water running into the oceans from melting ice caps suggests that sea levels could rise by two to three times […]

Spy camera identifies polluting drivers

Drivers of vehicles that emit unacceptable levels of pollution could be targeted by a new weapon in the fight to improve air quality. A spy camera capable of analysing exhaust fumes and recording number plates is being tested and reviewed by London transport bosses. The Accuscan 4600 works by firing ultraviolet and infrared light across […]

The US addiction to oil: The battered Hummer that symbolises a divided nation

Early on Monday morning, two masked men arrived there wielding baseball bats and a machete. They then set about attacking the enormous Hummer that had been parked there for not even a week. As the owner, Gareth Groves, slept, they smashed every window, battered the panels, slashed the oversized tires and scrawled “for the environ” […]

The Oil Drum: This Week in Petroleum

ItMuch more after the jump to The Oil Drum.

India: Oil prices may rise after presidential election

NEW DELHI: With the end of presidential poll in sight on Thursday and international crude oil price hitting the $78/barrel-mark, the oil ministry is once again crunching numbers for raising motor fuel prices although overarching economic concerns of re-igniting an upward trend in the inflation rate remain. The calculations envisage an increase in the region […]

Shortage hit oil companies share rig

NEW DELHI: Competitors in the petroleum market are now turning friends. Oil majors RIL, ONGC and Eni of Italy have decided to share the scarce resource

Gasoline demand stays hot

Record fuel use causes concerns to reverberate WASHINGTON That was up 1.5 percent from the same period a year ago, the previous record for the first half of a year. In June, gasoline deliveries topped 9.79 million barrels a day, the strongest demand ever for a single month. “The industry pulled out the stops to […]

TURKEY OFFERS ROUTE TO EUROPE FOR IRANIAN AND TURKMEN GAS

On July 13 in Ankara, Turkish Energy and Natural Resources Minister Hilmi Guler and Iranian Oil Minister Kazem Vaziri-Hamaneh signed a memorandum of understanding (MOU) on gas deliveries from Turkmenistan and Iran to Turkey and via Turkey to Europe. A deal along these lines could, if finalized: open the last available gas corridor to Europe […]

Singing the nation electric, Part 1: Fuels and Electrical Use

Let Wikipedia defines a fuel as

Energy shortages impact on Argentine industrial activities

For the first time since Argentina begun its strong recovery in 2003, industrial production contracted apparently because of the escalating energy problems and restrictions, according to the Buenos Aires think-tank FIEL which regularly releases monthly reports on economic and other activities. FIEL numbers show that manufacturing industry last June in Argentina contracted 0.8% compared to […]

Sea trials for Comodoro Rivadavia bio-fuel powered fishing vessel

The first fishing vessel powered with bio-fuel, a mix of micro Patagonian algae with hake and squid residue, set to sea from Comodoro Rivadavia this week reports the Argentine press. Codepeca I 36 meters long and with a hold capacity of 70 tons belongs to fishing company Harengus and should be back in Puerto Madryn […]

Widening Fissures, How the US Could ‘Lose’ Saudi Arabia

… Of all the Gulf countries, Saudi Arabia may well be experiencing the most significant changes. Although the subject rarely is broached, many in the U.S. Congress and the U.S. public have had the uneasy sense that Riyadh’s vast oil resources and the ever-increasing U.S. dependence on petroleum imports has provided the Saudi’s a veritable […]

Dubai Crude Output Down Rapidly As Govt Moves To Crimp Decline

LONDON (Dow Jones)–Production of Dubai’s crude oil has fallen as much as a third in the past two years and is a fraction of that recorded in some government statements, company documents show, undermining the already fragile position of one of the world’s top three oil price reference points. Current output in the booming Persian […]

In Case You Don

As Joni Mitchell said, you don…Dr. David Goodstein, a physics professor at Caltech and one of the presenters at the summit, lays out our future pretty convincingly. His book, Out of Gas: The End of the Age of Oil, goes into even more detail.

Dingell’s energy bill blind spot

Once again, the Michigan Democrat is sabotaging energy policy in favor of playing politics A MILLION YEARS of compression and heat may someday convert Rep. John D. Dingell (D-Mich.) into petroleum, just as it did the other dinosaurs. Unfortunately, by then there may be no humans left to pump a few gallons of Dingell into […]

Tokyo Electric Shares Drop to 9-Month Low After Quake

(Bloomberg) — Shares of Tokyo Electric Power Co. dropped to a nine-month low on concern the company’s nuclear facility in central Japan, the world’s biggest, may be shut for a year after an earthquake caused radioactive leaks. The stock fell 5.6 percent to close at 3,400 yen, the lowest since Nov. 6 last year. The […]

NOAA Issues Grim Weather Report

… NOAA recorded the second-driest January to June period on record, and the driest-ever April to June in the Southeast. Worldwide, the year to date is the second-warmest on record, which could spell increasing trouble for water-stressed nations. A recent United Nations report warned that as many as 250 million Africans will face water shortages […]

The Oil Drum: Updated World Oil Forecast, Including Saudi Arabia

The title says it all. This is quite possibly the scariest analysis post we have done in a long time, folks. Read it, bring popcorn. Amazing analysis, in my opinion. The Oil Drum

Eat a steak, warm the planet

PARIS (AFP) – A kilogram (2.2 pounds) of beef causes more greenhouse-gas and other pollution than driving for three hours while leaving all the lights on back home, according to a Japanese study. A team led by Akifumi Ogino of the National Institute of Livestock and Grassland Science in Tsukuba, calculated the environmental cost of […]

Flip in Brent structure points to drop in oil stocks

LONDON (Reuters) – Brent oil futures have shifted into backwardation, a market condition that points to expectations of a tighter supply/demand picture that could shrink plentiful crude stocks. The return of backwardation — where crude for nearby delivery costs more than crude further forward — could provide a signal for OPEC that crude oil supplies […]

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