Iran’s petrol imports down 57% since introduction of rationing

Tehran: Iran’s daily gasoline imports have fallen about 57 per cent since the country introduced fuel rationing last June, a senior oil official was quoted as saying on Saturday. The world’s fourth-largest oil producer lacks refining capacity and must therefore import large amounts of fuel, which it then sells at heavily subsidised prices. It introduced […]

Pakistan: Measures to cut energy consumption by 30pc

In an effort to tide over the country’s worst ever energy shortage, the federal government has asked the provinces and trade and industrial bodies to strictly observe a set of energy conservation measures to reduce consumption by about 30 per cent with immediate effect. In a letter to the chief secretaries of the provinces, Azad […]

CLIMATE CHANGE: Africa, South Asia Could Face Famines

Climate change will cause major disruptions in the global food system, and adaptation to those changes needs to begin immediately, experts say. Otherwise one-fifth of the world’s population could starve and millions of others become climate refugees, forced by heat and drought to abandon their lands and hunt for food elsewhere in the coming decades.To […]

Scientists See Looming Water Crisis in Western US

A water supply crisis is looming in the western United States thanks to human-caused climate change that already has altered the region’s river flows, snow pack and air temperatures, scientists said. Trends over the past half century foreshadow a worsening decline in water, perhaps the region’s most valuable natural resource, even as population and demand […]

China’s Snow Storms Not Climate Change – Scientists

Snow storms in China that have killed more than 60 people are not directly linked to climate change, say scientists, but simply an extreme event caused by very cold winter temperatures and a La Nina weather pattern. La Nina has brought moist air over southern China at a time of very cold winter temperatures, resulting […]

Oil fields of plenty?

At Shell, production is falling, by about 1 per cent last year and, by Mr van der Veer’s estimation, around the same this year and the next until some very large projects, such as Sakhalin 2 in Russia and the massive Pearl gas-to-liquids project in Qatar, begin operating. Most of its big projects will not […]

Electricity from a thin film

Teams of researchers all over the world are working on the development of organic solar cells. The Fraunhofer Institute for Solar Energy Systems ISE in Freiburg is presenting avenues towards industrial mass production at the world’s largest trade fair for nanotechnology, the nano tech 2008 from February 21 through 23 in Tokyo. Organic solar cells […]

5 Myths About Earth-Friendly Energy

Last year, Americans spent more greenbacks on oil than any other nation — about $517 billion, according to the Energy Information Administration. But we’ve failed to lead in developing green energy, and that’s going to cost us even more. Historically, we’ve treated renewable energy and energy efficiency as virtuous, feel-good projects rather than shrewd investments […]

Rain forests fall at ‘alarming’ rate

From Brazil to central Africa to once-lush islands in Asia’s archipelagos, human encroachment is shrinking the world’s rain forests. The alarm was sounded decades ago by environmentalists — and was little heeded. The picture, meanwhile, has changed: Africa is now a leader in destructiveness. The numbers have changed: U.N. specialists estimate 60 acres of tropical […]

War Without Oil: A Catalyst For True Transformation

The magnitude of the DoD

Nuke Guards Sabotage Own Weapons

Wackenhut Nuclear Services, Inc. (WNS) provides security related services to the Turkey Point Nuclear Plant (Turkey Point), operated by Florida Power & Light Company (FPL or Licensee). On February 24, 2006, the Nuclear Regulatory Commission (NRC) completed an on-site inspection of security-related matters at FPL’s Turkey Point Nuclear Plant. During the inspection, an investigation was […]

What if you held a conference, and no (real) scientists came?

Over the past days, many of us have received invitations to a conference called “The 2008 International Conference on Climate Change” in New York. At first sight this may look like a scientific conference – especially to those who are not familiar with the activities of the Heartland Institute, a front group for the fossil […]

A Marine

Vietnam vet and FedEx founder Frederick Smith wants to craft an energy policy for America. What made you get involved with the issue of energy security? Smith: The country’s continued and increasing dependence on imported petroleum has created an enormous economic and national-security risk probably second only to terrorism and the proliferation of weapons of […]

Oil Exploration In Arctic Highly Risky

Arctic marine conditions contribute to an oil spill

Living Or Dying On Planet Earth!

Most people get the importance of present global warming concerns, and to most of us this is old news. However, there are still many who really don The consequences of not getting this potential crisis, in the event it is real, are too irrevocably horrible to contemplate, and that is why everyone should be paying […]

Mexico’s Oil Output Has Peaked, Under Current Limitations

Peak oil production occurred in Mexico in 2004-that is, under the limitations of current regulations-says George Baker, publisher of Mexico Energy Intelligence in Houston. Mexico’s most important field, Cantarell, is in serious decline, and the recently announced KMZ and Chicontepec prospects are “suspect” as well, he says. A Pemex business-as-usual scenario is unlikely. Despite a […]

Iran wants OPEC to discuss output cut in March

TEHRAN (Reuters) – Iran wants OPEC to discuss cutting crude oil output at the cartel’s next meeting in March as stocks are expected to increase, Iranian Oil Minister Gholamhossein Nozari said on Saturday. Nozari was speaking a day after OPEC, meeting in Vienna, kept oil supplies unchanged, and Iran and Venezuela said it may need […]

FSN Expert Roundtable: Energy

With Matthew R. Simmons. Dr. Robert E. Hirsch, and Jeffrey G. Rubin. Financial Sense (audio)

Cleveland Rolls Out Barrels Against Big Oil

CLEVELAND, Jan 31, 2008 — A crowd of commuters gathered on Public Square in downtown Cleveland armed with picket signs, auto parts, and a message — it’s time to Join The Ride by taking public transportation. High gas prices have put a drag on the economy, and according to the group, the best stimulus plan […]

Nigeria’s Oil Morass

Shell Takes $716 Million Charge After Attacks After insurgents attacked a link to a key oil export terminal on the Forcados River in Nigeria’s Delta region in February 2006, it took a year and a half for Royal Dutch Shell to make repairs and get part of it running again. It took just two months […]

Experts call for alternative sources of energy by 2020

CAIRO, Feb 1 (KUNA) — Egyptian experts called, in an interview with the Kuwait News Agency (KUNA,) on Arab states to find secure and alternative sources of revenue than oil by 2020. They called for the use of nuclear energy “under international supervision.” “Several armed conflicts are being waged, across the world, over competition for […]

Russia: An Energy Superpower?

As Vladimir Putin nears the end of his second term as Russian president, it is clear that energy exports have become a major component of a resurgent Russia’s foreign policy. According to the conventional wisdom, Russia’s vast resources make it a superpower to be reckoned with. Not only is it a major supplier of natural […]

Big Oil has trouble finding new fields

These should be the best of times for Big Oil. Petroleum prices have tripled in five years, and gasoline prices reached record heights last summer. International oil companies are making the kind of money most capitalists can only dream of. Chevron Corp. is expected to report a record annual profit today, topping $17.5 billion. And […]

Huge Shell Profit Stirs Backlash

Oil giant Royal Dutch Shell’s enormous earnings are called obscene by union, and anger consumers struggling to fill their tanks Royal Dutch Shell reignited anger over excessive profits today after revealing it made $27.6 billion ( Royal Dutch Shell’s profits haul for 2007 was 9 per cent higher than a year ago and comes after […]

UK: Petrol companies aren

You’ll no doubt have read by now about Royal Dutch Shell’s “obscene” profits. The oil major broke European records for corporate profits by earning “Shell shareholders are doing very nicely while the rest of us are paying the price and struggling,” said Tony. How well are they really doing? Well, I hate to admit it, […]

IEA refutes ‘peak oil’, points to lack of investment

Insufficient investment, political instability and blocked access to key oil and gas reserves have distorted the global fossil fuel market and driven up prices, according to the International Energy Agency, which has downplayed concerns about imminent oil shortages. For many oil companies, buying oil on increasingly volatile and expensive global crude markets is less risky […]

Vietnam: Flight shortage affecting Tet travelers

Air tickets are running out because the demand has exceeded the supply. The demand for traveling increases by 30-40% in the months before Tet and airlines can only provide 10% more flights. In fact, airlines dare not offer more flights, because the more flights airlines provide, the bigger losses they incur. The fuel price has […]

The Oil Paradox

A worldwide slowdown won’t end the oil price boom anytime soon. Last week brought fresh evidence that the U.S. economy is slowing and may have slipped into recession. The news has not only dimmed expectations for world economic growth, but it has also hammered oil prices, which lost $15 from the $100 high just a […]

Adapting employment to fit a warming world

Global warming may be the topic on everyone’s lips, but the silence about the future of work in a warming world is deafening. The social flow-on from global warming will shake up the nature of work and the availability of employment for people in every country. In an era of uneven globalization, the impact of […]

Former oil company exec takes on global warming

ANN ARBOR — For the first 10 years or so that Steve Percy traveled around the country talking about climate change issues, his message was simple: It’s happening. Now, the former CEO of the oil company BP America has a slightly different message: Those people and companies who aren’t working to combat climate change will […]

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