The Cold, Green Facts

Buying energy-efficient technology isn’t the only–or even the best–way to cut down on energy consumption in the data center. Rethinking the way you use the technology you already have can make a bigger impact. Data centers draw a lot of power. That newsy tidbit was one of the conclusions of the Environmental Protection Agency’s data […]

Southern Africa: Power Shortages to Dominate SAPP Meeting

The 29th Southern African Power Pool (SAPP) management committee meets to discuss imminent power shortages in the region in Swakopmund today. The agenda of the meeting would be dominated by the electricity supply industry and how to address looming power shortages in the entire SADC region. Over 120 delegates from participating countries in SAPP are […]

Testing Time on Energy

The most dangerous point in the trajectory of any new legislation is the conference committee, where House and Senate negotiators resolve their differences. In 2005, for instance, Senate negotiators carried three forward-looking energy measures into conference with the House That cannot happen with this year

Companies scramble to find engineers for bustling energy industry

HOUSTON (AP) “I’ve talked to quite a few of my peers, and we know we’re in a good spot,” Cornell University’s Reasor said as she and Arsenault, of the Massachusetts Institute of Technology, took part in a weeklong recruitment program sponsored by Royal Dutch Shell’s U.S. arm. “It’s nice to know we’re needed.” Management consulting […]

Want the next energy source? Try willow, hemp and switchgrass

STOCKHOLM – Plants that can be grown for fuel are often touted as a vast, clean energy source – except by those who say precious food is being diverted into gas tanks, and that biofuel crops are using up dwindling land and water. Enter willow, hemp and switchgrass. Scientists say research into a new generation […]

UK: The last thing we need is coal-fired power

In the next month, a decision will land on Gordon Brown’s desk that will tell us how seriously he takes the greatest crisis facing us all The energy company E.on has applied to build Britain’s first new coal-powered fire station in 33 years. The decision is currently sitting with the Tory-dominated local council in Kent, […]

Venezuela’s currency plummets

The Venezuelan economy, under the direction of President Hugo Chavez, is starting to unravel in the currency market. While Venezuela earns record proceeds from oil exports, consumers face shortages of meat, flour and cooking oil. Annual inflation has risen to 16 percent, the highest in Latin America, as Chavez tripled government spending in four years.Exxon […]

The Global Economy: From Capital Markets to the Price of Oil

The mortgage crisis was preceded by world panic that there might be a record hike in the price of oil. Although the level did not overshoot previously recorded numbers, the world economies worried they might not be able to shoulder the burden of such an increase. The Americans partly blamed OPEC for this negative impact […]

Malaysia: Deepwater oil one-third of total output by 2011

Deepwater oil production is expected to contribute about one-third of total oil production in Malaysia by 2011. Aseambanker senior analyst (equity markets) Liaw Thong Jung said the oil from the existing continental fields in shallow waters of the country could only last for 15 years.“This is why Malaysia has to turn to the deepwater to […]

Green light for fusion project

A British-led team of scientists has won European Union approval to seek to make nuclear fusion, the physicist’s dream, a reality. Nuclear fusion has the potential to solve the world’s energy crisis with carbon-neutral technology by harnessing the process that drives the Sun. So far, decades of research have generated little more than hype.The energy […]

A Journey of a Thousand Miles Begins with a Single E-bike

Stepping off the curb to cross a street in Chinese cities, sounds of squeaky brakes are the only signal you hear to warn that you are about to be hit by an electric bicycle. They travel quite quickly in comparison to foot travel, but congest traffic because they don’t move as fast as cars. What […]

OPEC keeps lid on oil output in Aug-Reuters survey

LONDON (Reuters) – OPEC, excluding Iraq and Angola, kept oil output little changed in August and supply from all members of the 12-nation group fell because of a drop in Iraqi exports, a Reuters survey showed on Monday. Ten OPEC members bound by output targets, all except Iraq and Angola, pumped 26.74 million barrels per […]

New Times Atlas displays effects of climate change

LONDON (AFP) – Creators of the Times Atlas have had to make significant changes to their latest edition because of changes to the world’s landscapes caused by climate change, their chief said Sunday. Cartographers have had to redraw coastlines and reclassify types of land to reflect changes to geographical features like Lake Chad in Africa, […]

Chinese oil companies ask for supply guarantee

China’s government is considering a request from private oil companies for a guaranteed supply of between 10 million and 20 million tons of fuel annually, to alleviate shortages. As much as 80 per cent of private fuel storage facilities are now empty, said Zhao Youshan, head of the Petroleum Distribution Committee of China’s General Chamber […]

BP ready to take Iraq oil, gas opportunities

BP is ready to compete for the opportunities that arise in Iraq’s oil and gas sector once the country passes its oil and gas law, a senior executive said on Sunday. Iraq’s parliament has yet to debate the controversial oil law, but was expected to consider it this month. Washington has pushed Iraq for months […]

The Energy Emergency

Oil is America’s Achilles heel. WE are addicted to it. Every American consumer burns about double what a European consumes–26 barrels a year for us, 12 for Europeans. We have 5 percent of the world’s population and consume 25 percent of the world’s oil, and we have only 3 percent of the world’s reserves. If […]

APEC: Advanced Technology Will Cut GHG Increase, Emissions Will Still Rise

Investment in cleaner, more advanced and energy efficient technologies could reduce the expected growth of greenhouse gas emissions in the Asia-Pacific Economic Cooperation (APEC) region by about 49% relative to what would otherwise be the case by 2050, according to a new report from the Australian Bureau of Agricultural and Research Economics (ABARE).Under current policy, […]

Oil Near Four-Week High on Storm, Signs OPEC Will Freeze Supply

(Bloomberg) — Crude oil traded near a four-week high in New York as a hurricane headed toward the Gulf of Mexico and OPEC ministers said the group wouldn’t increase production. The Organization of Petroleum Exporting Countries will maintain existing targets when it meets Sept. 11, the Algerian and Qatari oil ministers said. Hurricane Felix is […]

India: System shut down

In his addresses to atomic scientists at Tarapur and Trombay last Friday, Manmohan Singh put out two mutually reinforcing messages. First, that shortage of uranium supplies has put the nuclear energy programme in jeopardy. Second, there is a need to cultivate a self-confident attitude towards nuclear engagement with the world. It is an open secret […]

North Korea to scrap nuclear plans

North Korea has agreed to fully disclose and disable its entire nuclear programme by the end of the year, the chief US negotiator said last night — the first time Pyongyang has offered a timeline to end its nuclear ambitions. Christopher Hill, who has been negotiating with Pyongyang for months over its nuclear programme, said […]

The new dirty energy

It’s big, it’s growing – and it’s bad for the environment. Inside the other alternative-energy movement.For those who dream that high oil prices will help drive America toward a brave new world of clean energy, the MacKay River project in Alberta, Canada, offers a glimpse of the future.The complex is a showpiece of cutting-edge engineering, […]

India: The other oil crisis

Edible oil imports are expected to surge 10 per cent in the new oil year that begins in November, despite the expectations of higher domestic output this kharif. This is a matter of concern, as the imports will be required at a time when global edible oil prices are on the upswing due largely to […]

Report: China planning expansion of oil refineries

China is planning a major expansion of its oil refineries to help reduce reliance on imports and keep up with demand, a state-run newspaper reported over the weekend. Plans call for the country to have 31 refineries by 2015, each with a capacity to process 10 million tons of crude oil a year (220,000 barrels […]

U.S. oil companies monitor Felix, output unharmed

HOUSTON (Reuters) – U.S. Gulf of Mexico oil and natural gas producers were monitoring powerful Hurricane Felix as it churned through the Caribbean Sea on Sunday, but none had reported reduced offshore production or evacuated workers to onshore locations. Felix was forecast to follow the path taken last month by Hurricane Dean across the southern […]

Global warming

The economics of climate change is driving what kind of pact nations may be willing to make. World leaders are becoming fixated on climate change. That’s good news. But agreeing with one another about who will do what to slow the warming of the planet won’t be easy. The answer is difficult but simple All […]

China: CNOOC to invest 15 bln yuan to build deep-sea vessel

Chinanews, Beijing, Aug 31 China has an area of 700,000 square kilometers that lies 300-3,000 meters under the sea. This area, called the deep-sea area, has abundant supply of oil and mineral resources. The deep-sea area is a primitive place where the current oil exploration hasn’t touched, Zhou said to this reporter. Oil experts predict […]

Oil Minister Calls on Exxon and Conoco to Leave Venezuela

Caracas While the US-owned Chevron Corp, the British-owned BP, the French oil company Total, and the Norwegian Statoil accepted the terms imposed by the Venezuelan government in May, which gave a 60% controlling share to PDVSA over all projects operating in the Orinoco oil belt, Conoco and Exxon pulled out. The president of Venezuela Oil […]

Venezuela: Exploitation of hydrocarbons in the State hands

Individual private R&D is not at odds with the government outline, but the Venezuelan state oil company will keep the bigger slice of the pie On the brink of the 21st century socialism, there is small room for a private stake in the domestic oil industry. This is true for the changes to the Constitution […]

The Oxford Energy Institute: A Successful Experiment in Producer-Consumer Dialog

The international petroleum industry underwent a fundamental change in 1973 with the rise in crude oil prices from around $1-2 a barrel to around $11 a barrel in the initial stage. Instead of concessions for drilling and production, which were granted to giant oil firms for 99 years and covered entire states, as well as […]

Norway: More oil reserves in the North

The Norwegian Petroleum Directorate (NPD) has adjusted upwards by 20 per cent the estimates for how much undiscovered oil there is in the Barents Sea. The new figures will be presented in a report on available resources due to be published by the NPD in a few days. Acting Oil Director Bente Nyland revealed the […]

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