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News from July 2007

James Hansen, NASA GISS live at Zero Emissions Conference, Melbourne Australia

James Hansen, NASA GISS live at Zero Emissions Conference, Melbourne Australia thumbnail

James Hansen opened the Zero Emissions Conference to a full house at RMIT University yesterday in Melbourne, Australia The Zero Emission Network and Beyond Zero Emissions have brought together a program of guest speakers from around the world on climate change science, zero emission renewable energy and successful campaigning methods at the Zero Emissions Conference […]


Saying Goodbye to Peak Oil

Saying Goodbye to Peak Oil thumbnail

…But U.S. peak oil is in the past. As you can see, we’re going to increasingly rely on foreign imports in future. The danger is when the global peaking of oil production occurs. Once global oil production reaches its peak, the gap between supply and demand will widen. A direct result of peak oil will […]


Analyst: Refinery Closure to Hike Prices

Analyst: Refinery Closure to Hike Prices thumbnail

Midwestern states that depend on fuel supplies from a flooded refinery in southeast Kansas will see some of the highest prices in the nation for gasoline and diesel this summer, industry experts said. “It is really bad timing, it is bad luck. … For all intents and purposes it looks like that refinery is not […]


Russia gives energy monopolies right to run armed units

Russia gives energy monopolies right to run armed units thumbnail

MOSCOW, July 4 (Reuters) – Russia’s parliament on Wednesday gave two of the country’s biggest energy monopolies the right to form armed units to patrol oil and gas pipelines, the country’s economic lifeline. A law, backed by 341 deputies in the 450-seat State Duma lower house, gives state-controlled gas giant Gazprom (GAZP.MM: Quote, Profile, Research) […]


Happy Independence Day: YOU HAVE NO GOVERNMENT

Happy Independence Day: YOU HAVE NO GOVERNMENT thumbnail

…Many individuals love to debate whether collapse will be Collapse, on a more metaphorical level, is a form of apocalypse, and apocalypse is simply a Greek word meaning,


Vietnam-Malaysia firm makes offshore oil discovery

Vietnam-Malaysia firm makes offshore oil discovery thumbnail

A venture between Petrovietnam and Petroliam Nasional Bhd a has discovered oil at a field off Vietnam’s southern coast, Vietnam’s state media reported on July 4. Tests at the oilfield, named Dong Do, showed an oil flow of 2,500 barrels per day (bpd), the Vietnam Economic Times newspaper quoted officials from the field’s operator Lam […]


Oil may hit $100 a barrel

Oil may hit $100 a barrel thumbnail

A leading Norwegian economist and one of the oil-producing country’s major investors think oil prices will keep rising until alternative energy starts paying off. That can mean prices of more than USD 100 a barrel within a few years. Spot prices for North Sea oil went over USD 74 a barrel on Tuesday. Some analysts […]


Delays Likely in Iraq Oil Bill

Delays Likely in Iraq Oil Bill thumbnail

Sunni Arab and Kurdish politicians and a powerful Shiite party said Wednesday they had not agreed to a draft bill to regulate the country’s oil industry, raising the possibility of new delays in a major piece of benchmark legislation sought for months by the United States. It appeared unlikely parliament would begin debate on the […]


China’s energy consumption grows faster than world’s

China’s energy consumption grows faster than world’s thumbnail

China’s primary energy consumption rose sharply by 8.4 per cent in 2006, six per cent more than the growth rate of global consumption as the economy boomed, a report released by BP said here. The world consumption rose 2.4 per cent last year, slowing from a rise of 3.2 per cent in 2005, according to […]


‘Free energy’ device to be revealed

‘Free energy’ device to be revealed thumbnail

Technology developed by an Irish firm that allegedly defies basic laws of physics to produce free power today goes on public display for the first time. Steorn is challenging worldwide cynicism over its claims to have stumbled upon a revolutionary discovery that creates clean, constant energy and could end the global fuel crisis.While 22 scientists […]


Congress stalks ethanol corn

Congress stalks ethanol corn thumbnail

Ethanol made from corn may be the sexy starlet of the nation’s alternative energy policy but its cellulosic cousin is the young ingenue about to take center stage. In Congress, where the 2007 energy bill is sparking heated debate over cutting tax breaks for oil companies and other provisions, legislative priorities actually call for a […]


Powered by water: Generating electricity from ocean currents

Powered by water: Generating electricity from ocean currents thumbnail

TAIPEI, Taiwan (3 July 2007) — The government is now discussing the possibility of large-scale ocean current power generation, utilizing the strong Kuroshio current off the east coast of Taiwan to generate up to 1.68 trillion kilowatt-hours of electricity per year, officials at the Council for Economic Planning and Development (CEPD) said yesterday. The project […]


Fuel shortages at pipeline terminals continue (North Dakota)

Fuel shortages at pipeline terminals continue (North Dakota) thumbnail

The manager of a chain of gas stations in Fargo-Moorhead says he’s never seen anything like it. Kent Satrang (SAH’-trang) with Petro-Serve is talking about fuel shortages at pipeline terminals in the region. He says both wholesalers and retailers are scrambling to get what gasoline they can. KXMB


Kansas Fuel Sellers Seek Waiver; Refinery Flood Tightens Supply

Kansas Fuel Sellers Seek Waiver; Refinery Flood Tightens Supply thumbnail

Kansas fuel marketers are seeking a temporary waiver from truck-driving regulations to boost supply in the region following the shutdown of Coffeyville Resources LLC’s oil refinery. A major fuel supplier, the 108,000-barrel-a-day Coffeyville, Kan., plant shut down late Saturday as the nearby Verdigris River overflowed its banks. Floodwaters have shut the refinery, terminal and rack, […]


Opinion: Oil reserves are drying up rapidly

Opinion: Oil reserves are drying up rapidly thumbnail

Part of the problem in determining when the peak will occur lies in the fact that oil-producing countries in the Middle East and elsewhere are believed to exaggerate the volume of their reserves. In Kuwait last year, a journalist is reported to have found documents suggesting that the country’s oil reserves actually were half the […]


Gulf oil producers should keep dollar-peg, says IMF

Gulf oil producers should keep dollar-peg, says IMF thumbnail

The International Monetary Fund said Gulf oil producers, including Saudi Arabia and the United Arab Emirates, should keep their currencies fixed to the dollar and will not come under pressure to revalue. TimesofOman


Canada’s oil sands a blessing and a burden

Canada’s oil sands a blessing and a burden thumbnail

The scene of the exploitation of the developed world’s biggest oil resource is like some dystopian fantasy. Vast pits are carved out of the forest, where machines toil day and night taking hundred-tonne bites out of the earth. Mist rises from sluggish lakes of polluted water and great columns of steam rise into the air. […]


Geothermal Potential in the Gulf of Mexico

Geothermal Potential in the Gulf of Mexico thumbnail

The energy potential of these resources is enormous. Experts estimate that geopressured resources could hold as much as a 200-year supply of gas for the entire U.S. at 2002 levels of demand. That renewableenergyaccess


Industrial Biotechnology Is Key to Achieving Energy Independence

Industrial Biotechnology Is Key to Achieving Energy Independence thumbnail

businesswire


U.S., Russia launch nuclear energy initiative

U.S., Russia launch nuclear energy initiative thumbnail

The United States and Russia on Tuesday pledged to expand nuclear energy cooperation, make nuclear power available to other states and reduce their own strategic nuclear weapons to the lowest possible levels. abcnews


High-performance Energy Storage

High-performance Energy Storage thumbnail

North Carolina State University physicists have recently deduced a way to improve high-energy-density capacitors so that they can store up to seven times as much energy per unit volume than the common capacitor. High performance capacitors would enable hybrid and electric cars with much greater acceleration, better and faster steering of rockets and spacecraft, better […]


Pollution Kills 460,000 Chinese a Year – World Bank

Pollution Kills 460,000 Chinese a Year – World Bank thumbnail

About 460,000 Chinese die prematurely each year from breathing polluted air and drinking dirty water, according to a World Bank study. The Financial Times reported on Tuesday that the Chinese government, the bank’s partner in the research project, had asked the lender not to publish the estimates for fear they could trigger social unrest.The conference […]


Venezuela’s Oil Nationalization Tests Chinese Oil Companies

Venezuela’s Oil Nationalization Tests Chinese Oil Companies thumbnail

Will Chinese oil companies survive from Venezuela’s move of nationalizing its oil industry? Or will they get more benefits from such kind of move? Venezuelan President Hugo Chavez on May 1 announced the nationalization of his country’s oil industry. Moreover, it is learned that CNPC will cooperate with the Venezuelan side to build three refineries […]


China to impose tariff on energy-guzzling products

China to impose tariff on energy-guzzling products thumbnail

China will impose an export tariff on highly energy-consuming products as part of an effort to deflate the ballooning trade surplus and improve the safety of the nation’s export products, Wei Jianguo, vice commerce minister, said yesterday. He said that China will restrict exporting contaminated and energy-intensive products and encourage exports of high-tech equipment and […]


Argentine Power Cuts Threaten Economy, Kirchner Image

Argentine Power Cuts Threaten Economy, Kirchner Image thumbnail

Argentina’s energy rationing may chill South America’s second-largest economy — along with President Nestor Kirchner’s political popularity. As the southern hemisphere’s winter sets in, cutbacks in electricity and natural gas are leaving potatoes to rot at McCain Foods Ltd.’s French fry plant in Buenos Aires province and workers idled at Fiat SpA’s car factory in […]


UK’s gadget-mania blamed for surge in emissions

UK’s gadget-mania blamed for surge in emissions thumbnail

The surging boom in new technology for home entertainment, from CD players and DAB radios to flat-screen televisions, is taking up huge amounts of energy and undermining the fight against climate change, a report claims today. The consumer electronics sector is now only three years away from becoming the biggest single user of domestic electricity […]


Merkel confronts energy industry with policy overhaul

Merkel confronts energy industry with policy overhaul thumbnail

The German chancellor, Angela Merkel, Tuesday announced an ambitious plan to reduce greenhouse emissions by up to 40 percent by 2020, an initiative welcomed by environmentalists but harshly criticized by the energy industry, a powerful lobby. Merkel also ruled out any change to the government’s nuclear policy before the next election, scheduled for 2009, that […]


Old clean coal

Old clean coal thumbnail

FOR its supporters, the idea of growing single-celled algae on exhaust gas piped from power stations is the ultimate in recycling. For its detractors, it is a mere pipe dream. Whoever turns out to be right, though, it is an intriguing idea: instead of releasing the carbon dioxide produced by burning fossil fuels into the […]


Warning over Ireland’s oil dependence

Warning over Ireland’s oil dependence thumbnail

Ireland’s over-dependence on supplies of oil poses a significant burden to the economy and a threat to future energy security, a major international report published today revealed. The International Energy Agency’s (IEA) Irish review analysed the energy challenges facing the country and outlined a number of alternatives to improve efficiency, including the importance of developing […]


OPEC Forecasts Fivefold Jump In Oilsands Output

OPEC Forecasts Fivefold Jump In Oilsands Output thumbnail

Efforts by local and international oil companies to substantially increase Alberta newsnow


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