Kazakhstan plans to double oil production by 2015

LONDON, February 19 (RIA Novosti) – Kazakhstan intends to double oil production by 2015 up to 120-130 million metric tons (about 880-950 million bbl) per year, a Kazakh energy and mineral resources vice minister said on Tuesday. “We plan to produce 70-80 million tons of oil annually by 2010 and to increase production to 120-130 […]

Politics and Pocketbooks Will Keep Oil Prices Rising

The world Whether or not there is a

OPEC unlikely to cut oil output: sources

LONDON/DUBAI (Reuters) – OPEC is unlikely to cut oil output at a meeting in March due to rising prices and uncertainty about supply from Venezuela and Nigeria, OPEC sources said on Tuesday. The Organization of the Petroleum Exporting Countries meets on March 5 and some members including Iran have urged the group to lower output, […]

Tajikistan: UN Urges Food Aid, As Anger Mounts Over Energy Crisis

As the United Nations appeals for urgent food aid to stave off a humanitarian crisis in Tajikistan, critics say anger is mounting among Tajiks, who for the first time since their civil war in the 1990s may be ready to protest for major change. It In some areas, temperatures have dropped below -20 and even […]

We Won’t Stop Global Warming

At one time I was really worried about Global Warming. And at the risk of starting a Global Warming debate here (one that I don’t wish to participate in), my position is that the scientific consensus backs the hypothesis that human activity is contributing to Global Warming. I am not an atmospheric scientist, so in […]

Venezuela’s Boscan Oilfield Shut by Protest, Universal Reports

(Bloomberg) — Venezuela’s Boscan oilfield, which typically produces 108,000 barrels a day, suspended operations yesterday after a worker protest, El Universal reported. About 200 oil workers blocked the road to the field, preventing about 750 workers from reaching their posts, the newspaper said, citing Rafael Ramirez, a member of the oil workers’ union. The field […]

Refineries to take more of Russia’s crude

LONDON, Feb 19 (Reuters) – Up to 10 million to 15 million tonnes of Russian crude per year (200,000-300,000 barrels per day) could be sucked into a few well placed Russian refineries over the next 3-5 years, a senior refining executive said on Tuesday. As crude production growth flags, that could mean a cut in […]

The future for off-roading looks electric

Concept vehicles, new Army The leading off-road manufacturers beg to differ. Judging by the concept cars shown by Jeep and Land Rover at this year

It’s waste not, want not at super green Subaru plant

LAFAYETTE, Ind. All told, Subaru says 99.8% of the plant’s refuse is recycled or reused so it doesn’t go to a landfill. That includes a small portion, about 5%, that goes to a waste-to-energy plant that burns waste to make steam to heat Indianapolis’ downtown. Subaru is one of a growing number of companies claiming […]

The scary oil sands

Canadians’ concerns over Alberta oil-sands development centre largely around its impact on climate change. And for good reason. In a list of 207 nations ranked by greenhouse gas emissions, Alberta’s oil sands come out higher than 145 of them. And that comparison is based on 2007 emissions. Under its proposed “intensity” caps to fight global […]

Africa enters world economy

African Union (AU) member countries at the weekend launched Africa’s answer to the Organisation of Petroleum Exporting Countries (Opec) – the African Energy Commission or Afrec. Afrec, which has been set up with the intention of co-ordinating policy for the energy-rich continent, was launched following a three-day meeting of AU energy ministers in Algiers.Opec countries […]

Biofuel markets are booming worldwide

The biofuel markets are booming worldwide, but many technologies and systems are still open. Biofuel is shaping the future strategies of automobile industry and manufacturers, biomass producers as well as suppliers. 8.500 billion US Dollar worth of Investments were made worldwide in biofuel plants up to 2007. The government policies to promote biofuel have certain […]

Biofuel blight threatens spectacular Kenyan wetland

A flourishing wetland on Kenya’s northern coast is under serious threat from plans to grow vast amounts of sugarcane, partly for biofuel production. Developers want to transform nearly 50,000 acres (20,000 hectares) of the spectacular Tana River Delta into sugarcane plantations with other parts of the Delta earmarked for rice.The area, about 120 miles north […]

Nigeria: Oil Exploration – Gazprom Revives North’s Hope

In what is seen as a strategic move in the global fight for Africa’s energy assets, both the government and Gazprom said that they were discussing a proposal under which the company would offer a package of investment in the energy sector. The Group General Manager in charge of Public Affairs of the Nigerian National […]

Pakistan: Farmers prefer to sow oil seed crops instead of cereal crops

LAHORE: The farmers would get attractive price of canola and other seed crops, as the price of palm oil has increased in the international market, Daily Times learnt here on Monday. The Ministry of Food, Agriculture and Livestock (MINFAL) has also suggested for cultivating oilseed crops, as the profitability of these crops are the highest.The […]

Brazil’s secrets of big oil discoveries stolen

Executives at Halliburton, the US oil industry services company, and Petrobras, the Brazilian state oil group, will be called to give evidence to Brazilian police this week following the theft of computer equipment containing secret information on recent discoveries of potentially enormous oil and natural gas deposits. Police have discarded initial suspicions that last week’s […]

Oil companies ‘are facing greater risks’

Oil companies face the risk of underinsurance as world oil prices reach record highs, a global insurance broker and risk adviser warned yesterday. “An increase in activity in the oil sector means that any major loss will cost more than ever to replace,” Marsh managing director Andrew George said.“In recent years there have been many […]

With Oil Prices Rising, Wood Makes a Comeback

After years of steep decline, wood heat is back, with people flocking to dealers to buy new wood stoves, wood boilers and stoves that burn pellets made of wood byproducts. Others like Mr. Cook, to the dismay of environmentalists, are dusting off old wood-burning devices that are less efficient and more polluting.Statistics from the last […]

South Korea: Resources Diplomacy

A war without gunfire is going on among major powers over dwindling energy and other natural resources in the world. If Noam Chomsky and Alan Greenspan are right, it could easily escalate into a war with gunfire ― a horrible one at that ― as seen by the U.S. war in Iraq. So the next […]

Data center power: the cost reality

…More IT executives are coming to grips with a grim reality: Data-center power and cooling costs are the hidden enemy of IT departments. They creep up on unsuspecting CIOs like deadly mists and choke off their ability to deploy new equipment and applications. “If a CIO has not had to build a new data center […]

Oil companies spend big on advertising

ANCHORAGE – Oil companies have spent more than $1.4 million in recent months on advertising in a bid to win voter support for their views on oil taxes and a natural gas pipeline. The Alaska Oil and Gas Association spent more than $800,000 on ads and public relations last fall, according to lobbying reports filed […]

Saudi, Norway Back Carbon Capture For CDM – Paper

OSLO – Oil exporters Saudi Arabia and Norway will cooperate to get carbon capture and storage (CCS) — burying greenhouse gases — recognised as a way for rich countries to offset their emissions, a Norwegian daily reported. CCS involves trapping carbon dioxide (CO2) from industrial processes, such as power generation from fossil fuels, and storing […]

Nippon Oil Buys Crude From Sakhalin-1 Under Long Term Contract

(Bloomberg) — Nippon Oil Corp., Japan’s largest refiner, signed a long-term contract to buy Russian oil from Sakhalin island, the first such agreement by the country’s refiners in a drive to diversify supply from the Middle East. Nippon Oil will purchase one vessel of oil, or 720,000 barrels, every quarter from the $13-billion Sakhalin-1 project […]

New Arctic sea floor mapping data could bolster US claims, scientists say

ANCHORAGE, Alaska – New mapping data could bolster any claims the U.S. might make in the Arctic as countries including Canada in the region compete for potentially rich reserves of oil, gas and minerals buried beneath the sea floor, U.S. scientists said Monday. Federal officials said the data would support the U.S. should it choose […]

ExxonMobil bangs Sakhalin 1 gas drum

ExxonMobil believes Russia should allow it to export gas from the Sakhalin 1 project off Russia’s east coast saying that, contrary to Gazprom’s claims, the gas is not needed by the local market. “We are currently supplying the local market and fulfilling all of the local market’s capacity needs,” ExxonMobil’s head of oil and gas […]

Nigeria’s oil production outages

(Reuters) – Oil companies and industry sources have detailed about 515,000 barrels per day of shut-in Nigerian production due to militant attacks and sabotage. The amount represents around 17 percent of the West African country’s installed output capacity of around 3 million bpd. The International Energy Agency estimates Nigeria’s sustainable production capacity at 2.47 million […]

Solar cell directly splits water for hydrogen

“This is a proof-of-concept system that is very inefficient. But ultimately, catalytic systems with 10 to 15 percent solar conversion efficiency might be achievable,” says Thomas E. Mallouk, the DuPont Professor of Materials Chemistry and Physics. “If this could be realized, water photolysis would provide a clean source of hydrogen fuel from water and sunlight.”

physorg.com

Haiti’s efforts to save trees falters

GRAND COLLINE, Haiti – Far from the spreading slums of the Haitian capital, past barren dirt mountains and hillsides stripped to a chalky white core, two woodcutters bring down a towering oak tree in one of the few forested valleys left in the Caribbean country. Fanel Cantave, 36, says he has little choice but to […]

Biofuels spark fears of land grabbing, ‘peak food’

REUTERS – Not so long ago, biofuels were being hailed as the answer to the world’s fossil fuel addiction. These days, the media is full of warnings about the potential harm of growing crops for fuel instead of food. Britain’s Independent newspaper reports that African scientists and activists want a moratorium on new biofuels projects […]

China: Coal exports hit 13-month high

Mainland coal exports inched up to 5.75 million tonnes last month, the highest in 13 months as producers sought to capitalise on record global prices even as domestic supplies were strained by harsh winter weather. Shipments from the world Customs data showed on Monday that last month

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