Brazil is staking its claim as a great emerging power thanks to the leadership it maintains in biofuel production. The price of this ambition is paid by the environment and by the cane cutters, who are the invisible characters in this story. “When the airplane passed, pouring out that bath of poison, my father was […]
In 2006, Kosovo announced the initiation of an international competition regarding the privatization of the energy sector of the province. Privatization is to include the creation of a new 2,100-megawatt power station, the renovation of an older facility, and the manufacture of a lignite production station to supply these power facilities. The total estimated cost […]
Activists in southern Chile’s sparsely-populated Region XI (Aysen), alarmed by what they describe as the planned “looting” of the area’s pristine waterways, are clamoring for local and regional authorities to at least acknowledge what’s taking place. Aysen, home to some of the country’s most pristine wilderness, also boasts an abundance of powerful, glacier-fed rivers. A […]
Alberta limiting production of green energy The Stelmach government foresees nearly doubling the amount of wind-power generation allowed in Alberta, even as the province remains the only jurisdiction in Canada to cap the production of wind energy. “There is every possibility that (the cap) could move to, in the interim, someplace around 1,500 megawatts,” said […]
When the Senate passed an ethanol-friendly energy bill last month, there was no particular scientific or economic reason for setting 36 billion gallons — six times what is used today — as AmericaFueled by adroit politicking, potent themes and farm-state clout, ethanol may get the opportunity to reach that number
THE HIGH-level conference on global deforestation held in Sydney a few days ago, co-hosted by the Australian ministers for environment and foreign affairs, attracted large numbers of ministers, diplomats and officials from about 70 countries and international development agencies. This impressive turnout demonstrated, if nothing else, that the subject of large-scale loss of natural forests […]
LONDON (Reuters) – The world’s three largest fully publicly traded oil firms are investing billions of dollars more this year and the extra spending has yet to result in higher production. Exxon Mobil Corp., Royal Dutch Shell Plc and BP Plc posted falling second-quarter output, even though they plan up to a total of $61 […]
…If the American empire is to continue it will have to maintain control of the other oil riches of the Middle East. These are the crown jewels of the empire, and with peak oil here or coming soon, control of that oil will be essential to world domination. But the United States will have a […]
The price of North Sea Brent has risen from $50 a barrel at the beginning of the year and recently crossed the record price threshold that was set last summer, during the Israeli war against Lebanon, namely $78 a barrel. It began to approach, for the first time, the level of $80, then fell to […]
Saudi Aramco, the world’s top oil exporter, said on Monday its Khursaniyah project was on track to start production in December. The Khursaniyah project will pump 500,000 barrels per day of light crude which is more than double the next largest Opec capacity boost due in 2007. ‘The start of the project for the production […]
Debate in Congress on fuel standards More than a quarter century after Congress wrote the rules setting automobile fuel economy standards, lawmakers are poised to make substantial increases in them, amid rising oil imports and prices. The debate on mandating higher fuel standards for cars and trucks is unfolding in the House, which could take […]
The economy ministers of six EU countries led by France and Germany have written to the European Commission to protest its plans to reform the energy sector, Financial Times Deutschland reported Monday. “The idea that only the complete separation of production and distribution can pave the way to the development of the EU’s electricity and […]
In the debate over oil supplies, July 2007 may be seen as a turning point. The International Energy Agency, a body set up to advise OECD nations on energy supply and security, broke with its previous optimistic projections of world oil supply and threw the future of oil into doubt. The IEA As the chart […]
There are arguments from both sides of the oil issue: either we are quickly running out of oil or we have adequate oil to meet our requirements for generations. Both sides offer evidence, witnesses, experts and documentation to validate their assertions. Some peak-oil projects, funded by oil companies, are highly suspect. The very credible Lindsey […]
The industry has never proved that it can deliver on its far-fetched dreams. In the last two weeks, the Chinese signed a deal with Westinghouse to build four nuclear power plants; a U.S. utility joined the French national nuclear juggernaut — with 60 reactors under its belt — to build stations throughout the United States; […]
CARACAS, Venezuela – President Hugo Chavez on Sunday accused former Venezuelan officials of allowing foreign oil companies to “rob” Venezuela’s immense petroleum wealth, saying they should be charged with crimes. Former executives at state-run oil company Petroleos de Venezuela, or PDVSA, permitted international companies to blatantly violate contracts by extracting billions of barrels of light, […]
WASHINGTON (AFP) – Global warming’s effect on wind patterns and sea temperatures have nearly doubled the number of hurricanes a year in the Atlantic Ocean over the past century, says a new study by US scientists. Excerpts from the study by Greg Holland of the National Center for Atmospheric Research and Peter Webster of Georgia […]
Radical enviromentalists in Germany have declared war on sport utility vehicles and luxury cars, deflating the tyres of more than 80 fuel-guzzlers in less than a week, a Berlin police spokesman said on Friday. In night-time raids the environmentalists targeted 4×4 SUVs and large luxury vehicles across Berlin, leaving hand-written notes for their owners which […]
About a half-mile under the Earth’s surface here, dozens of soot-faced miners scrape coal from some of the richest seams in the world, just as their forebears had done for generations. Conveyor belts funnel the shiny black rock through crushing machines and up to the surface, where it helps to power the globe’s third-biggest economy. […]
Tens of thousands of willing Kiwi workers are contributing to a biofuel revolution sweeping Europe and North America. The shipments of live bees play a crucial role in the production of canola which is used to make biodiesel.Throughout the vast canola fields of Canada, millions of bees are pollinating crops that will end up as […]
Not only has Bush destroyed Iran’s most formidable enemy and bogged down U.S. troops in a hopeless cause, he also has enriched energy-abundant Iran and Russia by pursuing a war that has dramatically raised energy prices. High crude oil prices make it easier for Iran to build nuclear weapons and for Russia to use energy […]
The so-called green fuel “alternative” turns out to be not so green after all, a new study finds.The problem is corn typically requires more fertilizer than other crops. More pollution, such as nitrogen and phosphorus, washes downstream and feeds algae blooms. That algae deprives fish and crustaceans of oxygen.Government’s slapdash solution is more farm aid […]
Britain’s big household energy suppliers have come under withering attack from the industry’s consumer watchdog over their failure to pass on cheaper prices to customers, just days before British Gas is expected to announce a Allan Asher, Energywatch’s chief executive, claims that household gas and electricity bills are 15 per cent – or an average […]
A multimillion-riyal world-class research centre for renewable energy has been set up at the Dhahran-based King Fahd University of Petroleum and Minerals (KFUPM). The aim of the research centre is to help the country play the role of world energy leader for years to come. The centre is currently working on resource mobilisation before its […]
It rains year round in Germany. Clouds cover the skies for about two-thirds of all daylight hours. Yet the country has managed to become the world’s leading solar power generator. Even though millions of Germans flee their damp, dark homeland for holidays in the Mediterranean sun, 55 percent of the world’s photovoltaic (PV) power is […]
Grain production in 2004 was of the order of 2 billion tonnes but with a growing and more sophisticated population production is falling short of consumption and stocks are being drawn down. The amount of crops lost to pests is increasing since immune pests are evolving faster than new pesticides can be invented. More importantly, […]
Oil flowing in the East Siberia Pacific Oil pipeline from 2009 should fetch higher prices than the current standard Urals blend, the Industry and Energy Ministry said Friday. State oil pipeline monopoly Transneft plans to complete the pipeline — which begins near Irkutsk and ends at Skovorodino, near the Chinese border — by the end […]
For years the question has puzzled Ghanaians: surely, in a region awash with oil, their country had some black gold of its own? Last month they got their answer. Ghana does have oil, and lots of it. Tullow Oil, a UK-listed company, announced in June it had found up to 600m barrels of oil in […]
While technically speaking, oil is running out, for it to go bone dry will take a few lifetimes. But do not dare exhale a sigh of relief. That fact is not relevant to this splendid documentary. It seems there is a bigger problem. One that is arriving faster than Netflix. That problem is global peak […]
SUCCESS in life extension work by Bass Strait operator Esso has prompted the ExxonMobil subsidiary to predict that the region still has more than 20 years left of oil production and more than 30 years of gas. A $400 million seismic data and infill drilling program, involving wells at the Kingfish, Bream, Halibut and Fortescue […]
Oil News Categories
Recent Board Topics
Archive
LATEST NEWS HEADLINES

Member Comments
PO Real Time
Fetch Tweets: You currently have access to a subset of X API V2 endpoints and limited v1.1 endpoints (e.g. media post, oauth) only. If you need access to this endpoint, you may need a different access level. You can learn more here: https://developer.x.com/en/portal/product Code: 453