KANANGA, Congo (Reuters) – From a mud hut under the world’s longest high-tension power line, Tshisumpa Nvita can see the rusting remains of a power station that, for a few months 30 years ago, brought electricity to this corner of Congo. Like many local villagers, the 76-year-old was hired as a temporary worker on the […]
LONDON, England (CNN) — Dr. Gerhard Knies is the coordinator of TREC, the Trans-Mediterranean Renewable Energy Cooperation, a network of around 50 experts in renewable energies and sustainability. When he retired from his research into particle physics in 2001, Knies was concerned that the planet’s impending energy crisis was not being solved. “I think it […]
BUENOS AIRES The government of President Nestor Kirchner on July 2 announced a series of fines against Shell for violations of the rarely invoked 1974 Law of Supply that targets fuel hoarding and price-fixing. In addition to fines, the law — revoked in 1991 and reinstated in 1999 — also calls for up to four […]
On Monday, August 20, Russia started supplies of 50 air defence systems to Syria. The supplies of the missile-artillery complex “Pancir-C1E” are one of the items of the 450-million pounds contract that was earlier signed by the Syrian government and Rosoboronexport – an exclusive exporter of Russian weapons abroad. On Monday, August 20, Russia started […]
Traumatised by suicide bombs, sectarian militias and ethnic cleansing, the citizens of Baghdad are facing another horror this summer: day after day of blast-furnace heat without electricity or water to keep them cool. The temperatures regularly exceed 52C (126F). You are hit by a wall of heat whenever you step outside. You could fry that […]
First the bad news: With oil prices rising and energy demand from emerging economies ballooning, no single energy source will emerge to replace fossil fuels. The good news is that that’s OK. Even if nothing ever rules the world like oil did last century, different regions will adapt by tapping the technologies and energy sources […]
Attention is increasingly focused on environmentally friendly eco-houses, which are designed to reduce energy consumption. But such dwellings remain out of reach for the general public, as government measures to promote such houses are insufficient. Let us examine the cost and energy-saving effect of eco-houses by looking into a few examples built by ordinary people.In […]
In March, oil-field services giant Halliburton announced it was moving its headquarters to Dubai, United Arab Emirates. The new digs puts the behemoth right in the middle of its fastest-growing business, providing oil-field technology services and products to develop oil and natural gas reserves in the Middle East, Africa and Asia.New oil projects in these […]
South Asia’s demand for vegetable oils is expected to surge as much as 10 percent in the new oil year and outstrip production, but rising global prices may crimp imports as poor consumers switch to cheaper home-grown oils.Massive bio-diesel manufacturing capacities have been installed the world over. The United States is producing the alternative fuel […]
Biofuels won’t break our addiction to oil, but they are a startIf a Nebraska farmer plants corn instead of soybeans, does a Malaysian civil servant really get a pay rise? Do Chinese families really pay more for their milk? Does beer really cost more at the Oktoberfest? Yes, yes and yes — and what links […]
Germany’s biodiesel production capacity is set to rise to a record 5 million tons in 2007, but analysts have warned that the boom in the country’s biodiesel industry is coming to an end after the industry failed to block the government from rolling back a key tax relief scheme in court this July.Biodiesel industry sources […]
The most serious threat to the future of South Africa’s largest natural freshwater body, Lake Chrissie and the surrounding wetlands may not come from sewage spills or illegal dumping, but from mining. Hundreds of mining companies have applied for licences to begin digging opencast coal mines in the area. As international coal prices surge, even […]
Discussing the price of natural gas in the country has become a significant issue for the government and the industry. The issue, however, is that we must use whatever resources we have as efficiently as possible. While the hydrocarbon reserves – both oil and gas – are depleting fast, prices are bound to go up. […]
The number of private oil companies from southern China that are seeking fuel from sources in the north of the country due to local supply shortfalls has fallen and prices have eased slightly after the National Development and Reform Commission (NDRC) ordered the country’s major refiners last month to ensure stable fuel supplies. Lower international […]
I think we are already in a recession. I expect it to be powerful, but I don’t see it affecting the global demand for raw materials. Domestic demand for energy will continue to increase, regardless of a recession. The EIA reported global oil consumption increased 1.4 millions of barrels per day during the second quarter […]
These days, if Uganda government officials are not issuing statements about the upcoming Commonwealth Heads of Government Meeting in Kampala, or the stalled peace talks in northern Uganda, they are beating their chests about the latest “spectacular” oil find around and the exciting new world of being an oil producer. But like the Russians, Canadians […]
Environmental concerns are behind a new bill that would limit mortgage-interest tax deductions, but real estate groups warn that it could affect prices and stability. To add to mortgage meltdown miseries, the credit panic, plunging home sales and rising foreclosures, here’s a new worry: a proposed cutoff of mortgage-interest tax deductions for all houses with […]
(BRUSSELS) – The European Commission, eager to fire up Europe’s energy markets with more competition, is drafting plans to break up big integrated gas and power majors despite stiff opposition from many countries. The European Union’s executive arm is due to present plans on September 19 that it hopes could bring relief to European consumers, […]
JEDDAH — Saudi Arabia’s domestic oil consumption last year went up by 6.2 per cent to 2 million barrels per day (bpd) from 1.89 million bpd in 2005 in the wake of economic boom, while its oil production for the international market declined by 2.3 per cent during the same period, according to the BP […]
Tar Sands’ Profitability Questionable For this week’s article, I collaborated with energy journalist Roel Mayer, a freelance writer on earth, energy and economy, based in Canada. Roel is a keen observer on energy, and the Canadian tar sands in particular, so he was a natural research partner for this short study on the state of […]
If Al Gore’s An Inconvenient Truth is a movie that comes from the head, The 11th Hour shoots from the heart –literally, it turns out, as the movie opens with a horror-movie heartbeat sound laid over a montage of images (babies, fire, ice, factory farms, falling buildings) that vaguely illustrate, if not precisely what we’re […]
SCOTLAND’s whisky industry could become the source of eco-friendly biofuels for cars, with motorists powering their engines from the by-products of distilling. The concept of turning the husks from the malted barley and other cereals used in the manufacture of whisky and other distilling and brewing processes into a source of fuel is being explored […]
The alternative-fuel revolution is driving prices of another energy-producing crop to near-record levels. Soybean prices are expected to hit their second-highest average mark ever this year — and highest since 1983, says the Agriculture Department. Soybeans are used to make biodiesel fuel. Production of biodiesel, a renewable alternative to diesel fuel, has increased more than […]
Hardy Shrub Is Tapped For Energy-Rich Seeds; Indian Farmers’ Big Bet HIRIYUR, India — Until recently, B.K. Nagendrappa didn’t care much at all about jatropha, an ugly wild green shrub that thrives in India. Now, the coconut grower hopes to plant as many as 12 acres of the stuff on his land near Bangalore. V. […]
Wheat prices have hit record highs on global commodity markets, bringing the threat of rising bread prices. Bad weather in key grain growing areas such as Canada and parts of Europe has limited supplies as demand has risen, sparking fears of a supply shortfall. […] The dire forecast came as Canadian officials said the country […]
Russia’s Gazprom is trying to muscle its way into the American energy market by encouraging BP to share a stake in its liquefied natural gas operation in Trinidad, which supplies the US. Gazprom, the world’s largest gas producer, has already secured a 25% share of the wholesale gas market in Europe – something that has […]
Sea ice in the Arctic is approaching a record low – and the locals wear T-shirts in the summer. Inuit activist Sheila Watt-Cloutier tells Louise Johncox how climate change is threatening her people’s way of life In the remote frozen outpost of Iqaluit on Baffin Island, northern Canada, Sheila Watt-Cloutier is a local celebrity. My […]
YANGON, Myanmar (AP) – Anti-government demonstrators in Myanmar faced more arrests and intimidation Friday, but their protests against economic hardships achieved some success as the government ordered a rollback of bus fares that had been hiked along with fuel prices. The military junta swiftly crushed the latest in a series of protests against the fuel […]
QUITO, Aug 23 (IPS) – The innovative offer by the government of Ecuador to refrain from exploiting its largest oil reserve, in exchange for international compensation for nature conservation, is attracting increasing support. While oil prices are soaring, Quito is adopting the civil society initiative calling for the Ishpingo-Tiputini-Tambococha (ITT) oil reserve, the country The […]
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