Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


News from January 2008

Japan to offer environmental technology to Africa, Asia: report

Japan to offer environmental technology to Africa, Asia: report thumbnail

TOKYO (AFP) – Japan will provide technological support for developing countries in Africa and Asia to help them fight against climate change and infection diseases, a newspaper reported on Sunday. Japan will unveil the programme when it hosts this year’s Group of Eight (G8) summit in Toyako, a lakeside resort on the northern island of […]


Mexico closes main oil ports due to bad weather

Mexico closes main oil ports due to bad weather thumbnail

MEXICO CITY, Jan 20 (Reuters) – Mexico closed all of its main oil exporting ports on Sunday due to bad weather, the transport ministry said on its Web site. The Gulf of Mexico ports of Dos Bocas, Cayo Arcas and Coatzacoalcos, which ship around 80 percent of Mexico’s daily oil exports, were shut. The Pacific […]


The Construction Site Called Saudi Arabia

The Construction Site Called Saudi Arabia thumbnail

RABIGH, Saudi Arabia By the end of the year, this massive city of steel at the edge of the Red Sea will take its place as a cog of globalization: plastics produced here will be used to make televisions in Japan, cellphones in China and thousands of other products to be sold in the United […]


No need for OPEC to boost output at Feb meet – Qatar

No need for OPEC to boost output at Feb meet – Qatar thumbnail

ABU DHABI (Reuters) – Qatar’s oil minister reiterated on Sunday that the oil market is well supplied and there is no need for OPEC to boost output at its February 1 meeting. In the past week, U.S. President George W. Bush and his Energy Secretary Sam Bodman have both urged the producer group to pump […]


2007: record year for US wind industry

2007: record year for US wind industry thumbnail

Shattering all its previous records, the U.S. wind energy industry installed 5,244 megawatts (MW) in 2007, expanding the nation’s total wind power generating capacity by 45% in a single calendar year and injecting an investment of over $9 billion into the economy, the American Wind Energy Association (AWEA) announced [Thursday].The Oil Drum: Europe


Is this the end of cheap food?

Is this the end of cheap food? thumbnail

Outside a Co-op supermarket in Edinburgh on Friday, I met three sisters, all doing their shopping for this weekend. In their baskets were tins, mainly – Ambrosia creamed rice and minted peas. They were peering at stickers and examining labels with the look of hardened sceptics. ‘Terrible, just terrible,’ said Betty Pryde, at 82 the […]


Gaza power plant begins shutting down

Gaza power plant begins shutting down thumbnail

GAZA, Jan 20 (Reuters) – Gaza’s main power plant began shutting down on Sunday due to a fuel shortage caused by Israel’s closure of the Hamas-controlled territory’s borders, a move taken in response to Palestinian rocket attacks. The impact could be seen in many of Gaza’s buildings, where lights were out and elevators stopped working. […]


India: Protests over power leave four dead in Bihar

India: Protests over power leave four dead in Bihar thumbnail

PATNA, India (Reuters) – At least four people were killed and dozens injured in overnight clashes between police and villagers protesting poor power supply in Bihar, one of India’s poorest and most lawless states, police said on Saturday. Tensions over long periods of power outage in the Kahalgoan area boiled over on Friday when protesters […]


Focus back on oil reserves

Focus back on oil reserves thumbnail

WASHINGTON – Mississippi soon will be on the front lines of the nation’s defense against a disruption of oil supplies that would cause an energy crisis. Congress last month approved a massive spending bill that contained $25 million to plan and purchase land for an underground facility that would hold 160 million barrels of oil […]


Gas Taxes Are High Enough

Gas Taxes Are High Enough thumbnail

Anyone who drives on the highways knows we have a serious and growing traffic problem. This problem has grown from a nuisance to a major economic, environmental and energy threat that costs the country over $78 billion each year in lost time and wasted fuel. Traffic is just as bad in areas that have low […]


Slower boats to China as ship owners save fuel

Slower boats to China as ship owners save fuel thumbnail

Oil at more than $90 a barrel is concentrating minds in the shipping industry. Higher fuel costs and mounting pressure to curb emissions are leading modern merchant fleets to rediscover the ancient power of the sail. The world’s first commercial ship powered partly by a giant kite sets off on a maiden voyage from Bremen […]


From Detroit, a Biofuel Breakout

From Detroit, a Biofuel Breakout thumbnail

There were snickers aplenty here last week when General Motors joined hands with an Illinois company to announce a major biofuels initiative. Cynics in the audience at the 2008 North American International Auto Show joked that the union between giant GM and relatively small Coskata has about as much chance of succeeding as a Hollywood […]


”Pac-Man” molecule munches uranium

”Pac-Man” molecule munches uranium thumbnail

Researchers have designed a molecule that can “eat” and then “trick” uranium into behaving like a lighter atom. The molecule, which is a “Pac-Man lookalike” could open the door for future developments in nuclear waste management or novel uses of uranium.In solution, uranium forms the notoriously stable and highly water-soluble uranyl ion, in which uranium […]


EU to set Finland 38 pct renewables goal-report

EU to set Finland 38 pct renewables goal-report thumbnail

The European Commission will ask Finland to increase its renewable energy output by around a third to 38 percent in draft proposals to be unveiled next week, Finnish public broadcaster YLE said on Saturday. The Commission is due to spell out on Wednesday how it intends to cut greenhouse gas emissions responsible for climate change, […]


Why green power has left us all in the dark

Why green power has left us all in the dark thumbnail

Once we were offered an easy way to help save the planet: ask an electricity provider to supply you with power from renewable sources and you would reduce carbon emissions and so tackle climate change. But doing the right thing has turned out to be more complicated. There are growing concerns that ‘green tariffs’ reduce […]


SK: State Companies to Acquire ‘Proven’ Gas Fields Abroad

SK: State Companies to Acquire ‘Proven’ Gas Fields Abroad thumbnail

South Korea’s state-run energy corporations are likely to go abroad more actively to acquire “proven’’ oil and gas fields as well as potential ones as part of efforts to raise the country’s self-sufficiency in the key resources, according to sources Sunday. Officials from the presidential transition committee said that the incoming Lee Myung-bak administration’s blueprint […]


West Africa: Food Prices Still Climbing, Crisis Feared

West Africa: Food Prices Still Climbing, Crisis Feared thumbnail

Food prices at markets across West Africa are already high for the time of year and are still rising, market analysts warn, suggesting aid agencies should prepare for a potentially serious hunger crisis later in the year as people across the impoverished region may not be unable to afford to buy enough to eat, despite […]


‘International Oil Companies Are the Real Dinosaurs’

‘International Oil Companies Are the Real Dinosaurs’ thumbnail

In an exlusive SPIEGEL interview, OPEC Secretary-General Abdalla Salem el-Badri discusses the dangers of a further dramatic rise in the oil price, the failures of multinational oil companies and considerations within the cartel of oil-exporting nations to trade in euros rather than dollars. SPIEGEL: Some experts doubt that OPEC can even expand production volume to […]


Nigerian oil rebels ask for Clooney’s help

Nigerian oil rebels ask for Clooney’s help thumbnail

LAGOS (Reuters) – Rebels in Nigeria’s oil producing Niger Delta on Saturday invited the United Nations’ new “messenger of peace,” actor George Clooney, to step into its conflict with the government over oil wealth. In an open letter sent by e-mail to the media, a prominent armed group, the Movement for the Emancipation of the […]


China: Guangdong factories face power shortage

China: Guangdong factories face power shortage thumbnail

Guangdong manufacturers should expect to suffer shortages of electricity, diesel and coal this year as energy supplies fail to keep pace with the province’s surging economic growth. Economic and Trade Commission deputy director-general Yang Jianchu said supply had fallen short of demand since January 1 and the shortfall was set to continue. Guangdong is considered […]


U.S energy sec urges OPEC to raise output at meeting

U.S energy sec urges OPEC to raise output at meeting thumbnail

RIYADH (Reuters) – U.S. Energy Secretary Sam Bodman said on Saturday that Saudi Arabia should raise output to ease tightness in world oil supplies and that OPEC should up output at its February 1 meeting. “I think it is possible for there to be an increase in supply over a period of time because there […]


OPEC official says oil price not to blame for ‘homemade’ US crisis

OPEC official says oil price not to blame for ‘homemade’ US crisis thumbnail

Berlin – High world oil prices are not to blame for the economic crisis facing the United States, OPEC Secretary General Abdalla Salem al-Badri said in an interview published in Germany Saturday. “If there is a recession, the oil price is not to blame,” Badri told Der Spiegel newsmagazine. He blamed instead the subprime mortgage […]


Iran Oil & Gas Resources

Iran Oil & Gas Resources thumbnail


Extensive links to Middle East oil data:

Pars Times


Looking Ahead: Exploring

Looking Ahead: Exploring thumbnail

If you aren What if the global economy experienced a recession? What if alternatives became a major part of the energy mix? What if there was no longer a secure supply of oil and gas? Ernst & Young Full Report (PDF)


EPA turns over limited documents

EPA turns over limited documents thumbnail

SACRAMENTO, Calif. – Invoking executive privilege, the Environmental Protection Agency on Friday refused to provide lawmakers with a full explanation of why it rejected California’s greenhouse gas regulations. The EPA informed Sen. Barbara Boxer, D-Calif., that many of the documents she had requested contained internal deliberations or attorney-client communications that would not be shared now […]


An Oil Quandary: Costly Fuel Means Costly Calories

An Oil Quandary: Costly Fuel Means Costly Calories thumbnail

KUANTAN, Malaysia The food price index of the Food and Agriculture Organization of the United Nations, based on export prices for 60 internationally traded foodstuffs, climbed 37 percent last year. That was on top of a 14 percent increase in 2006, and the trend has accelerated this winter. In some poor countries, desperation is taking […]


Norway Says Aims to Go Carbon Neutral by 2030

Norway Says Aims to Go Carbon Neutral by 2030 thumbnail

Norway, which last year set what it called the world’s most ambitious target for cutting greenhouse gas emissions, said on Thursday it aimed to go “carbon neutral” in 2030, which is 20 years earlier than its previous target. The new target was set when the Labour-led coalition government reached agreement with three opposition parties to […]


The global grain bubble

The global grain bubble thumbnail

Record prices for grain from corn to rice have ignited food riots from Jakarta to Rome. In Pakistan, troops now guard wheat stocks. China and Russia have imposed price controls. Connect the dots and there’s a need for a fix to a crisis that, strangely, isn’t caused by smaller harvests. No, the main reasons for […]


EU pollution plan threatens million jobs

EU pollution plan threatens million jobs thumbnail

German industrialists estimate that one million jobs are threatened in Germany by European Union plans to fight global warming, a sector leader said on Friday in an interview. “If the German government enacts its 2020 goal of reducing carbon dioxide emissions by 40 per cent, I estimate that one million jobs are threatened,” Federation of […]


Power cuts plague Iraq, hurt oil production

Power cuts plague Iraq, hurt oil production thumbnail

Electricity cuts that blacked out Iraq’s northern oilfields and main refinery this week were a timely reminder that its hopes of boosting oil production rest on something it does not have — a dependable power supply. Iraq has managed to sustain production of around 2.2 million barrels per day (bpd), but levels were close to […]


« Previous PageNext Page »



Oil News Categories


Recent Board Topics


Archive


LATEST NEWS HEADLINES


PO Real Time

No tweets available