Iraq to up oil output to 3.5m bpd by 2009

Plans pipelines to supply oil, gas to Syria, Iran Iraq plans to raise crude oil production to 3.5 million barrels per day by the end of 2009 and and will build pipelines to supply oil and gas to Syria and Iran, Oil Minister Hussein al-Shahristani said yesterday. Shahristani told reporters that Iraq would supply Syria […]

Consensus or cover: Asia-Pacific leaders gamble on climate change

SYDNEY, Australia: The long days of hard bargaining that produced a climate change agreement are only the beginning for Pacific Rim leaders if they want to stick to their declaration to chart a new international course on global warming. The modest, and critics say flawed, agreement approved over the weekend contained two initiatives for improving […]

Developing a hotter L.A.

High-density development can create ‘urban heat islands’ that may add to global warming. Los Angeles’ accelerating quest to create centers of higher population density — especially downtown, in Hollywood and in Mid-Wilshire — may be on a collision course with California’s crusade to slow global warming by reducing its greenhouse gas emissions. And the potential […]

NZ: Time is running out for blind opposition to nuclear power

It is not to be wondered at that New Zealand has distanced itself from the position of the US and Australia in the nuclear-energy debate. Our nuclear-free status probably enjoys more widespread popular support than any other single policy because it is an integral part both of our “clean and green” brand and of our […]

Energy Proposals Go From Tame to Exotic

LONG ISLANDERS made it through this summer without a major blackout, although to stay cool they paid steep electric bills in this era of record prices for the oil and gas that fuel utility generators. But the challenge of keeping the Island Huge energy projects

OPEC president says oil supply sufficient

ABU DHABI (Reuters) – International oil markets have enough oil, but a lack of capacity to refine it was contributing to high prices, OPEC’s president told reporters on Sunday. “Current supplies to the petroleum market are sufficient,” OPEC President and United Arab Emirates Oil Minister Mohammed al-Hamli said before traveling to Vienna to attend an […]

Greenland ice melt shocks scientists

Rising sea level – Climate models failed to foresee the acceleration, and the far-reaching effects are likely to bring more Northwest rain KANGERLUSSUAQ, Greenland — The vast ice sheet that coats Greenland up to 2 miles thick is reacting to global warming far faster than scientists thought it would. It makes some of them wonder […]

Can flex-fuel vehicles make it?

Challenges include boosting ethanol’s mileage and expanding access to E85 In the new-car showroom on the Merle Hay auto mile sits a 1915 Ford Model T with its hand-crank starter and an engine that, in its prime, reached 45 miles per hour. The relic shrinks in the shadow of a fire red 2007 Supercrew pickup […]

Kuwait opposes oil output hike

KUWAIT CITY (AFP) – Kuwait said on Sunday it sees no reason for the Organisation of Petroleum Exporting Countries to hike oil output during a meeting of the 12-nation cartel in Vienna this week. “There is no real significant justification to change what we are producing now,” Acting Oil Minister Mohammad al-Olaim told reporters before […]

Governor not ready to raise state motor fuels tax

PIERRE, S.D. (AP) — Skyrocketing construction costs are limiting South Dakota’s ability to rebuild highways, but Gov. Mike Rounds says he’s not ready to support raising the state motor fuel tax that pays part of the tab for road projects. Rounds said he has asked the state Transportation Department to look at ways to economize, […]

Oil crisis looms large: expert

VISAKHAPATNAM: Though there is approximately 1,000 billion barrels of crude oil still underground, India, the seventh largest consumer of oil in the world, might face acute shortage of oil by 2035 so also China, said University of Petroleum (Deharadun) Vice-Chancellor S.J. Chopra here on Saturday. Both the countries consume more oil than what they produce, […]

Iran admits hurt by high domestic oil consumption

TEHERAN – High domestic consumption is harming Iran

Iraq Halts Output At Key Southern Oil Field On Violence

AMMAN -(Dow Jones)- Iraq has halted crude oil production at a key southern oil field as tribesmen prevented workers from going to work, a senior Iraqi oil official said Sunday. “Crude oil production from Majnoon oil field has been suspended for more than four weeks,” the official told Dow Jones Newswires by telephone from Basra. […]

Saudi Aramco Crude Oil Production Dropped 1.7% in 2006

Saudi Aramco’s annual production of crude oil dropped 1.7% to 3.253 billion barrels (8.9 million barrels per day) in 2006 from 3.309 billion barrels in 2005 (9.1 million barrels per day), according to the company’s Annual Review for 2006. Natural gas production increased 4.5%, however, from 7.871 billion SCF daily in 2005 to 8.224 billion […]

BIOFUEL EMISSIONS: A complex debate about ‘cleaner’

Does filling up with biofuels – instead of regular fuel – save the environment? That’s sort of like asking if a bag of mixed nuts is healthier than a bowl of fruit. The mixed nuts have more protein and iron, but fruit has less fat, fewer calories and more vitamin C – and everybody digests […]

Hunting the holy grail of fusion

Over the years, fusion’s lure of limitless energy has tempted many more scientists and politicians into the same trap of wishful thinking. In 2002 one set of researchers announced that they had achieved bubble fusion, while in 1989 another group announced that they had achieved cold fusion. All have ended in retractions, recrimination and humiliation. […]

US pays the price of relying on foes for oil

Opec, the cartel of most of the world’s oil producers, meets in Vienna on Tuesday. Every indication is that the producers will refuse the request of consuming countries to open the spigots so as to bring down oil prices. “You cannot convince any member to add more crude to the market,” Abdalla el-Badri, Opec secretary-general, […]

Life After Oil

Last week, Aberdeen could lay reasonable claim to be the oil capital of the world as it hosted 35,000 delegates at the Offshore conference. But, as North Sea stocks decline, the Granite City is looking to cover new ground.For it was evident at the conference that substantial progress has been made since Scotland’s oil players […]

America in the Middle East

An Interview with James Woolsey In your testimony before the U.S. House of Representatives on April 18, you advocated eliminating oil Given Iranian President Mahmoud Ahmadinejad

You

Zac Goldsmith inherited his concern for the environment from his Uncle Teddy, his political zeal and fortune from his father James and his looks from his mother Annabel. On Thursday his long-awaited report on green issues is published. We get a sneak preview … I nod, reassured. For instance, since much energy generated at power […]

Peak-Oil Awareness And The Larger Community

If the imminence of oil depletion is regarded as a given, the next question is that of preparation and survival. Commonly the issue of survival is dealt with in terms of the small group: the family or the ad-hoc band (complete with camo gear and pump-action shotguns?). The feeling, apparently, is that the larger community […]

Shell could take nuclear option to mine oil from Canadian tar sands

Shell is considering using nuclear power to operate its controversial tar sands programme in Canada. Tar sands extraction Now Canadian firms AECL and Energy Alberta have proposed building a nuclear reactor near the site of Shell’s vast Athabasca tar sands development. The boss of Energy Alberta has said the C$6bn (

Argentine Refinery Closure May Reduce Diesel for Corn Growers

(Bloomberg) — An Argentine government order to close Royal Dutch Shell Plc’s oil refinery in Buenos Aires on environmental concerns will shrink supplies of diesel fuel for farmers to sow corn and soybeans for next year’s crops. Corn growers in Argentina, the world’s second-largest exporter of the cereal, plan to boost planted acreage by 14 […]

BRAZIL: Ethanol Divides Agribusiness

RIO VERDE, Brazil, Sep 8 (IPS/IFEJ) – The expansion of sugarcane farming to produce more ethanol in Brazil has run into unexpected resistance in Rio Verde, a prosperous town in the central state of Goias, and it is coming from agribusiness leaders. The local government, of the conservative Progressive Party, decided to impose a limit […]

Globalization and Climate Change

Climate change no longer seems to be an abstract and remote concept. In the last few years, its manifestations have been many and varied, so much so that they are becoming increasingly difficult to ignore. Unseasonal rains, debilitating droughts, excessive floods, devastating cyclones and storms Climatologists and scientists, for their part, have been studying manifestations […]

Iraq Oil Report Update for Friday, September 07, 2007

There was lots of chatter about any movement of the oil law at the opening reception of the second Iraq oil conference this week here in Dubai. Nothing has changed since my story from Tuesday. TodaySo, keep reading the Iraq Oil Report, and pass it along. The Iraq Oil Report is the source for all […]

North Sea drilling activity at highest level In 10 years

North Sea consultancy Hannon Westwood released today its The report highlights several trends in UKCS activity, including the re-emergence of true wildcat drilling in 2005, the significant inroads made by oil majors into more material reserves in frontier prospects, and the ongoing effect of the UK Government

Bridgehead in Europe: Kazakhstan Acquires Romania

KazakhstanMorgan Stanley Investment Bank coordinated this transaction, which marks Kazakhstan

UK: State inaction on climate is a grave dereliction of duty

Government exists to achieve tasks individuals cannot tackle alone. On the environmental crisis, it has badly failed Somewhere near Croydon, on a rubbish heap carefully assembled for the occasion, a group of people have just done their bit for the environment. An example of the Blue Peter school of greenery – gather up your old […]

Posturing on climate

Bush and other APEC leaders talk a good game on climate change, but it amounts to little more than theater. And the nominees for best actor at an international summit are: President George W. Bush, Chinese President Hu Jintao and Australian Prime Minister John Howard. All are giving compelling performances in Sydney this week in […]

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