Wheat may join corn in biofuels

MANCHESTER, England, Aug. 6 (UPI) — British-led scientists have developed a new technology that might eventually enable motorists to use wheat, as well as corn, for biofuels. While most bio-ethanol in the United States is made from corn, the researchers said wheat might be the preferred cereal grain for bio-ethanol production in Europe, where the […]

Sharing the wealth?

Oil firmsThe top four oil companies booked a combined $57.5 billion in profits in the first half of the year and devoted $22.9 billion

Money pipeline is drying up for some biofuel projects

Menno Attema farms corn and soybeans. He invests in ethanol and biodiesel plants. With three biofuel deals in his portfolio, the Platte City farmer- investor is sitting tight. Too many other deals have popped up. The biofuel industry is thriving on governments

Nine Eastern Coal States Form New Coalition

Group plans to keep a close eye on new safety regulations, imports and other mining issues. CHARLESTON — As the federal government considers new coal mine safety legislation, nine eastern states decided to formalize an informal practice of meeting to discuss issues facing their respective coal industries. The Eastern Coal States Coalition has paid at […]

Sugar cane ethanol’s not-so-sweet future

Despite environmental and economic benefits, trade protectionism, production issues likely to stand in the way of Brazilian exports hitting U.S. energy market en masse. NEW YORK (CNNMoney.com) — Imagine a fuel that does not come from the Middle East, is about six times more economical to produce than corn ethanol and has the potential to […]

President to Sign Nuclear Education Provision

WASHINGTON, D.C. Craig, clearly pleased with the enactment of his provision, stated,

Biodiesel drives ‘tinkerer’ ahead

LACLEDE — Del Brandon figures it costs him less than a penny a mile to drive his 1984 Volkswagen pickup. About a year ago, the self-described 74-year-old tinkerer, retired heating contractor, bladder cancer survivor and Korean War veteran paid $1,500 for the vehicle with 212,000 miles on it. He bought the pickup for one reason: […]

Peak Oil is Here

The world According to Wikipedia.com:

Iraqis Favor State Companies To Develop Oil Sector

AMMAN (Dow Jones)–Most Iraqis believe Iraqi companies rather than foreign firms should take the lead in the development of the country’s vast oil fields, the world’s third largest, according to a poll released Monday. The poll also finds most Iraqis feel kept in the dark about the oil plans – with fewer than a quarter […]

In search of safe nukes

The Idaho National Laboratory is at work on next generation reactors that promise to deliver more reliable energy. (Fortune) — There is a remote valley in southeastern Idaho — 890 square miles; desolate, dry and stunningly beautiful — that is the place to go for atomic lore. It’s the home of the Idaho National Laboratory […]

Gulf of Mexico plagued by record ”dead zones”

HOUSTON (Reuters) – Researchers have found 9,650 square miles of “dead zones,” or oxygen-depleted water, in the Gulf of Mexico this summer, the biggest area since tracking of the annual phenomenon began. They say humans are mostly to blame for the dead waters, and that increased planting of corn to make ethanol is adding to […]

Iraqi Kurdish Parliament Approves Kurdish Oil Law

LONDON (Dow Jones)–The Iraq Kurdish parliament Monday approved the autonomous region’s oil law, signaling that the Kurds are moving forward with their own petroleum policy as Iraq’s federal oil plans languish in Baghdad. “The law just passed a short while ago” Monday, Kurdish Oil Minister Ashti Hawrami told Dow Jones Newswires by telephone from Erbil, […]

First Carbon-free City

It may seem strange that the emirate of Abu Dhabi, one of the planet’s largest suppliers of oil, is planning to build the world’s first carbon-neutral city. But in fact, it makes a lot of financial sense. The 3.7-square-mile city, called Masdar, will cut its electricity bill by harnessing wind, solar, and geothermal energy, while […]

Need of the hour is cooperation

…Opec has tried its very best to find a sort of balance in global oil markets. But these efforts are not enough, neither in providing the world with its oil needs or in decreasing global warming. The reasons behind this are several. The oil production rate has reached its maximum level for Opec countries, any […]

When Will the Next Bridge Collapse?

The Minneapolis bridge disaster is no isolated incident but a warning signal: More than 160,000 road bridges in the USA are considered to be in danger of collapse. Highways, tunnels, dams and dykes are in such miserable condition that engineers have long been ringing the alarm — so far in vain. …The US freeways got […]

Book Review: A Thousand Barrels a Second

…On the emotional subject of peak oil, there are two extremes of debate. At one end you have those who think civilization is doomed no matter what (the viewpoint of cheery websites like dieoff.org). At the other end, you have those who think peak oil will be shaken off like a mild head cold. Tertzakian […]

Iran Offers Aid to Nicaragua, in a Sign of Deepening Ties

MANAGUA, Nicaragua The Iranian aid projects were announced Saturday by the Nicaraguan president, Daniel Ortega. Despite American warnings, Mr. Ortega has been building alliances with countries like Venezuela and Iran, which the Bush administration considers unfriendly and which are flush with cash from high oil prices. Both are eager to build close alliances in Latin […]

Blast in Bulgarian pipeline cuts supply

SOFIA, Bulgaria – An explosion ripped through a pipeline in Bulgaria on Monday, interrupting Russian gas supplies to Greece, authorities said. No injuries were reported. The most likely cause of the blast was a gas leak, said Angel Semerdjiev, general manager of Bulgartransgas, an affiliate of state-owned gas company Bulgargaz. It occurred near the town […]

The Oil Drum: Gail Tverberg on the Energy Bill and the API

The American Petroleum Institute (API) held a conference call with bloggers on Tuesday, July 31, to answer questions about API’s position on energy legislation. A link to a recording of the conference call (or most of it–the recording was cut off due to technical difficulties) can be found here. A transcript can be found here. […]

The Open Ocean (Kunstler)

By now, is there anyone over twelve in the USA who has not seen Jim Cramer’s tantrum recorded late Friday afternoon on CNBC as the stock market took a 280 point swan dive off the rocky cliff of Hedge Fund Island? Cramer’s histrionics were only a few clicks above his normal antics on the “Mad […]

OPEC is to take a decision on its production next September

Energy and Mines Minister pointed out yesterday that OPEC is likely to take a decision on its production. Mr. Chakib Khelil said, on the fringe of signing a convention to realise seawater desalination station in Tipaza, that oil prices record increase levels are not owed to supply and demand in the international markets as there […]

Why nations are jockeying over the roof of the world

Global warming and, ironically, its main cause GulfTimes

BP will no longer offer its fuel in North Dakota

Oil company BP said it will stop selling its brand gasoline and diesel fuel in North Dakota and three other states by mid-2008. The announcement affects 11 suppliers in North Dakota that serve 34 retail locations in the state. The company also cut back sales in Texas, Louisiana and Wyoming, BP officials said.

Panic buying as fuel shortages continue. (South Africa)

Fuel shortages will continue on Sunday as talks to resolve a pay strike deadlocked on Saturday night. The Chemical, Energy, Paper, Printing, Wood, and Allied Workers’ Union (Ceppwawu) and the National Petroleum Employers’ Association resumed talks with the bargaining council at the Chamber of Mines in Johannesburg at 10am on Sunday.Mail&Guardian

Opec July output rose 445,000 barrels, survey shows

Crude-oil production in July by members of the Organization of Petroleum Exporting Countries rose 445,000 barrels a day, led by gains in Iraq and Nigeria, a Bloomberg News survey showed. Output averaged 30.48mn barrels a day, according to the survey of oil companies, producers and analysts. It was the biggest gain since January, when Angola […]

Ukraine forgets about Chernobyl

Politicians in Kiev are busy looking for an alternative to Russia as a builder of nuclear power plants. At any rate, Ukrainian Foreign Minister Arseny Yatsenyuk hastened to announce after a meeting last week with his Canadian counterpart, Peter Gordon MacKay, that Ukraine was resuming talks with Canadian companies on the construction of CANDU (Canada […]

Boom in biofuels could backfire

The mad rush throughout the Americas to replace the petrochemical patriarchy with a biofuel behemoth is sending food prices through the roof worldwide. And a study headed by a controversial Nobel Prize winner suggests that’s not the only thing that may heat up.The boost in emissions of nitrous oxide – a greenhouse gas – from […]

UK: National Express quits biofuel experiment

One of Britain’s leading transport groups has cast doubt over the green credentials of biofuels after pulling out of a trial amid fears that it was doing more harm than good to the environment. National Express has suspended a biodiesel trial at its UK bus operations after consulting green groups. Biofuel tests have been used […]

Brazil’s Silva tours Latin American nations to develop biofuel

President Luiz Inacio Lula da Silva began a six-day, five-nation tour Sunday to develop energy and biofuel agreements in Latin America and the Caribbean. Silva and Mexican President Felipe Calderon on Monday are expected to sign a memorandum of understanding on biofuel as part of a wide-ranging energy agreement. They will also discuss an accord […]

Chevron ventures beyond oil

– Windmills in backyards. Solar energy for the masses. Software to combat outbreaks of computer viruses and spam. Systems to thwart hackers. A medical-imaging device to bolster the chances of discovering new drugs. Biofuels for vehicles. Acting like a Silicon Valley venture firm, Chevron Corp. has invested in these and other technologies. Many of the […]

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