FACTBOX-New Nuclear Power Plants

To date, 439 nuclear power plants are in operation and 34 are under construction, according to figures from the International Atomic Energy Agency (IAEA). Following are key facts about nuclear power reactors in Europe and around the world and plans for new plants to be constructed.NUCLEAR POWER PLANTS IN EUROPE AND WORLDWIDE * Nuclear power […]

Renewables Supply 14 Pct of German Power – Industry

Renewable energy made up more than 14 percent of Germany’s power consumption in 2007, up from almost 12 percent in 2006, with wind as the main contributor, the German Renewable Energy Federation (BEE) said on Tuesday. Energy derived from wind, solar, water, biomass and thermal heat accounted for 9 percent of Germany’s total primary energy […]

Uganda: Fuel Stock to Last Five Days

Uganda has stocked fuel supplies enough to last for five days or more, the energy state minister, Simon D’Ujanga, has said. In spite of the minister’s assurance yesterday, fuel, especially petrol, remained scarce countrywide. In Gulu, security agents temporarily blocked a filling station, Delta Petroleum, from selling a litre of petrol at sh6,000.At about 9:00am, […]

Switchgrass fuel yields bountiful energy: study

Switchgrass, a crop touted by venture capitalists and environmentalists alike as a next-generation ethanol feedstock, yields about five times more energy than it takes to grow it, making the plant a far more efficient fuel source than corn, a new study said. In addition, the life cycle of the switchgrass ethanol — which includes growing […]

Brazil registers over 2 mln biofuel cars in 2007, 85.6 pct of cars sold

Brazil registered 2.0 mln biofuel cars in 2007, representing 85.6 pct of the cars sold on the Brazilian market last year, the Association of Automobile Manufacturers (Anfavea) said. Brazil now has a total of 4.6 mln biofuel cars, which run on either petrol or on ethanol made from sugarcane, Anfavea said. These cars were launched […]

Sugar hits one-year high on funds, biofuel demand

Sugar prices hit a one-year high on Tuesday, supported by heavy buying from investment funds and surging demand from the Brazilian biofuels industry, driven by record $100-a-barrel oil. Sugar, often ignored by speculators and investment funds in 2007, has now joined a sizzling rally that has propelled almost all commodities on bull-run this year.The trigger […]

$2,500 cars = $200 oil?

Last week we were talking about oil hitting $100. Is it too early to think about $200? Not on the New York Mercantile Exchange. Options for December delivery of crude at $200 are the hottest bet in the market, with the number of contracts rising a record tenfold in the past two months, according to […]

German Exports Decline, as Euro, Oil Sap Spending

German exports unexpectedly declined in November as a stronger euro and higher oil prices damped demand. Sales abroad, adjusted for working days and seasonal changes, fell 0.5 percent from October, when they rose 0.5 percent, the Federal Statistics Office in Wiesbaden said today. Economists expected a gain of 0.5 percent, according to the median of […]

Candy billionaire fights energy firms

A reclusive billionaire whose family owns the Mars candy empire is emerging as a formidable opponent to the energy industry’s plans to expand development of some of the country’s most productive coal and gas deposits. Yahoo

Over a barrel

Predictably, oil’s jump above the psychologically important $100 mark last week unleashed a fresh wave of gloomy prognostication. Mainstream economists, already anxious over the global credit squeeze, fear pricy oil will make it even harder for America (and thus, Europe and even Asia) to recover from the subprime collapse. Those of a more apocalyptic mindset, […]

The Last Empire: China’s Pollution Problem Goes Global

Can the world survive China’s headlong rush to emulate the American way of life? …The grander astonishment is the most massive and rapid redistribution of the earth’s resources in human history. In a mere two and a half decades, China has awakened from Maoist stagnancy to become the world’s manufacturer. Among the planet’s 193 nations, […]

Could sea power solve the energy crisis?

The French inventor Georges Claude is largely forgotten today; if he is remembered at all, it is as the creator of the neon lamp. Yet one of his projects from the 1920s could resolve the global energy crisis – by harnessing the power of the oceans. It may sound like science fiction, but Ocean Thermal […]

Swamp fever

Has a sewage farm just outside the New Zealand city of Blenheim provided a solution to the world’s energy shortages? Aquaflow Bionomic Corporation, a local start-up, has patented a process to extract biofuel from sewage, and last year the country’s minister for energy, David Parker, roadtested a car run on the oil of microscopic algae. […]

Dearly departed encouraged to do their bit on global warming

The dead in the jurisdiction of Tameside Council are simply not pulling their weight. The council has now arrived at a rather daring solution. The issue was first noted as officers pondered the problems of Dukinfield Crematorium. The crematorium needed heating when mourners went to commit their beloved to the flames. It was also obliged […]

Total Will Shut Down a Unit at Port Arthur, Texas, Refinery

Jan. 8 (Bloomberg) — Total SA, Europe’s third-largest oil company, will shut down a unit at its refinery in Port Arthur, Texas, because of “unfavorable operating conditions.” The refinery plans to route gases are that released to a flare gas recovery system to minimize the emissions, according to a filing by Paris-based Total with the […]

Gazprom Enters Development Talks with Nigeria

OAO Gazprom and the Nigerian government are in early talks about a deal by which the Russian natural-gas company would help explore and develop the West African nation’s huge gas resources, a senior Nigerian oil official and Gazprom officials said. Gazprom spokesman Sergey Kupriyanov confirmed the company is in talks with Nigerian officials, saying, “We […]

Connecticut: State delegation wants oil reserves opened

WASHINGTON “The strain on the Northeast from the rising cost of home heating oil is real and needs a real response. Our constituents are hurting, and too many Connecticut families are faced with painful choices between food and heat. I hope the president will take a step to ease this pain by releasing additional reserves […]

Matthew Simmons: Another Nail in the Coffin of the Case Against Peak Oil

…While the views of the petro-optimists are well-documented, they are poorly supported from an analytical viewpoint As I have expressed over the past decade, the world

Governor expresses support for oil pipeline and refinery

PIERRE, S.D. (AP) – Governor Rounds supports construction of an oil pipeline through eastern South Dakota and an oil refinery near Elk Point. The Republican politician announced his support today during the annual State of the State speech to the opening session of the state Legislature. Rounds says South Dakota needs more fuel, and so […]

Ineos to Shut Unit at Grangemouth Refinery Next Month

(Bloomberg) — Ineos Group Holdings Plc, a closely held chemicals company, will shut a unit that makes gasoline additives at its refinery in Grangemouth, Scotland, for maintenance next month. The catalytic reformer unit, which also processes naphtha into petrochemical products such as ethylene, will be closed for 24 days in February, according to an official […]

Australia: Record oil price sparks call for petrol rationing

AS CRUDE oil sits at record high prices and economists remain concerned about its economic impact, one group has proposed the war-time measure of rationing. The Australian Association for the Study of Peak Oil and Gas (ASPO), a group that lobbies for sustainable transport options, is calling for the return of the petrol allocation system […]

US EIA raises 2008 OPEC output to 32.58 mln bpd

WASHINGTON, Jan 8 (Reuters) – It will be up to OPEC producers to keep pace with rising oil demand in 2008, with non-OPEC supply projected to come in lower than expected, the U.S. Energy Information Administration said on Tuesday. In 2008, OPEC-12 producers are expected to pump 32.58 million barrels per day, the EIA said […]

Nigerian militants prepare big oil attack – sources

LAGOS (Reuters) – Armed groups in Nigeria’s oil producing south are building up weapons and supplies for a major attack on an oil facility in the world’s eight largest exporter, militant and security sources said on Tuesday. The planned rebel offensive against Africa’s largest oil industry comes after the collapse of a government peace initiative […]

GM to unveil hydrogen-electric Cadillac model

Crossover Provoq can seat five, will travel 300 miles on fill-up DETROIT – General Motors Corp. will unveil a hydrogen fuel-cell-powered Cadillac crossover concept vehicle at the Consumer Electronics Show in Las Vegas on Tuesday. GM envisions the five-passenger Provoq going 300 miles on a single fill-up of hydrogen, getting 280 miles from hydrogen power […]

Argentina Cuts Off Fuel Exports Amid Shortage Reports

BUENOS AIRES -(Dow Jones)- The Argentine government cut off fuels exports and called for a pump price rollback Monday amid reports of fuel shortages, government news agency Telam reported, citing unidentified government sources. The government officials said the export freeze, which follows a sharp increase in export taxes in November, was authorized under a 1974 […]

Turkey expects Iranian gas flow cut to last long

ANKARA, Jan 7 (Reuters) – Turkey expects a cut in its natural gas imports from Iran to last a long time while Russia, another key energy provider, is unable to allocate additional supplies, a senior energy ministry official said on Monday. “The problems with gas coming from Iran to Turkey are seen lasting a long […]

China’s consumers let the side down

China’s consumer spending, which already makes a lackluster contribution to the world’s fastest-growing economy compared with investment and trade, may have hit a two-decade low as a share of gross domestic product (GDP) last year, despite anticipated growth in urban income higher than that of the aggregate economy, according to a Chinese government think-tank. As […]

Huge energy subsidies fuel China steel export-study

Massive government energy subsidies have fueled China’s transformation into the world’s largest producer and exporter of steel, according to a new study released on Tuesday. “In 2007, energy subsidies to Chinese steel are estimated at approximately $15.7 billion, showing a 3,800 percent increase since 2000,” the study prepared for Alliance for American Manufacturing, a U.S. […]

Britons under energy pressure

British Chancellor Alistair Darling is seeking to hold talks with energy regulator Ofgem to discuss last week’s gas and electricity price rises by Npower as Britons are under pressure due to the energy price hike. In a letter to Ofgem published Monday, Darling said he wanted to review the reasons behind the price rises and […]

Scientist sees few benefits from biofuels

Rising production of biofuels has distorted government budgets, helped to drive up food prices and led to deforestation in south-east Asia, the chief scientist of Defra said on Friday. “The way we are currently producing biofuels is not the way to go,” former World Bank chief scientist Robert Watson said, citing the U.S. ethanol programme […]

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