Venezuela’s War Talk Suggests More Trouble For Andean Oil

Venezuela’s President Hugo Chavez raised the possibility of a war between Andean neighbors Sunday in a heightening of political tensions that may spell trouble for the oil industries of two OPEC member nations. Venezuela and Ecuador, Latin America’s members of the Organization of Petroleum Exporting Countries, could end up in a war against Colombia, Chavez […]

Guatemala: Addressing the Energy Crisis

When discussing the energy crisis in Guatemala and possible solutions, the only source people looked at was oil. Now there are other ways to find alternative sources. The infrastructure and development blog AIDG explains how a community can get cheap access to energy using alternative sources. In 2007, they worked on building infrastructure to help […]

Pakistan: Edible oil prices at all-time high

ISLAMABAD: Due to increase in palm oil prices in the international market and the reduction in quota of Pakistan by producer country Malaysia, the prices of branded ghee hit all time high of Rs 140 per Kg on Monday here. “The rate of palm oil in international market has drastically increased, and now the rate […]

Helping developers map out renewable energy source

Remember the thrill of checking out your house from outer space with Google Earth? Now a Seattle company wants you to know whether there’s enough wind to power it with renewable energy. 3Tier, a weather-consulting service geared toward renewable-energy developers, is expected to release a global wind map, available free on the Web.The company also […]

Climate change’s most deadly threat: drought

Anthropologist Brian Fagan uses Earth’s distant past to predict the crises that may lie in its future.Brian Fagan believes climate is not merely a backdrop to the ongoing drama of human civilization, but an important stage upon which world events turn. As it turns out, the anecdotal evidence of climate change in this, the 21st […]

Outlook ‘08: Biofuel to drive up sugar prices also

The worldwide demand for sugar continues to be very strong, thanks increasingly to biofuel production. Add a reduction in beet production in Europe and you have an estimated 11pc increase in sugar price to US13c a pound for this current financial year, according to ABARE.The strength in this price has surprised the economists as it […]

Outlook ‘08: Biofuel to drive record coarse grain demand

The US demand for feedstock for ethanol will ensure that worldwide demand for coarse grains remains at record levels, according to ABARE. The forecaster has predicted last year’s production and consumption records will again be smashed as farmers clamour to get a piece of the high prices, all driven by the US hunger for corn.The […]

Nigeria oil reserve to last 43yrs

Nigeria’s strategic oil reserve, put at 36.2billion barrels, is expected to sustain her for the next 43 years, statistics have shown. The statistics also show that the nation has the lowest reserve life span among the members of the Organization of Petroleum Exporting Countries (OPEC).The Federal Government had already set new oil targets of 40 […]

The World Has Plenty of Oil

Many energy analysts view the ongoing waltz of crude prices with the mystical $100 mark — notwithstanding the dollar’s anemia — as another sign of the beginning of the end for the oil era. “[A]t the furthest out, it will be a crisis in 2008 to 2012,” declares Matthew Simmons, the most vocal voice among […]

Will dams again rise across the West?

Environmentalists urge conservation instead, but some officials weigh idea The Western states’ era of massive dam construction — which tamed rivers, swallowed towns, and created irrigated agriculture, cheap hydropower and environmental problems — effectively ended in 1966 with the completion of Glen Canyon Dam. But the region’s booming population and growing fears about climate change […]

OPEC oil output to fall in Feb-Reuters survey

VIENNA, March 3 (Reuters) – OPEC oil supply is set to fall slightly in February because of lower output from Iran and Nigeria, a Reuters survey showed on Monday. OPEC’s 12 members bound by output targets, all except Iraq, pumped 29.78 million barrels per day, down from a revised 29.89 million bpd in January, according […]

Aramco Official Calls to Develop New Technologies

MANAMA, 4 March 2008 For several years, new technologies for evaluating reservoir conditions have been employed and have provided upstreamers with large volumes of data. Only recently has the interpretation and integration of those data streams started to provide the detail and insights needed to push reservoir management to the next level.

The Red Queen

First up Dmitry Orlov and Albert K. Bates explore visions of a post-collapse America, and later KMO talks food, consciousness, and the forces of darkness with Neil Kramer of the Cleaver. Dmitry Orlov is the author of Reinventing Collapse: The Soviet Example and American Prospects, and Albert K. Bates is the author of The Post-Petroleum […]

Analysis: Russia, others eye Iran ties

While it has been a cornerstone of U.S. foreign policy since the 1979 Iranian Islamic revolution to contain and isolate Iran, Washington’s increasingly factious relations with Moscow and record-high oil prices are beginning to ripple through the relations of the five Caspian nations, producing several developments that all point to the increasing failure of Washington’s […]

5.9 million Chinese short of drinking water: report

The number of people facing drinking water shortages in China has more than doubled to 5.9 million because of a severe winter drought, state media reported. The figures released late Friday jumped from 2.43 million a week earlier, the Xinhua news agency said, citing figures from the State Flood and Drought Relief Headquarters. The number […]

Thirsting for Energy in India

GURGAON, India A beacon of India

Bill McKibben: First, Step Up

At any given moment we face as a society an enormous number of problems: there What do I mean by large? On the glaciers of Greenland, 10 percent more ice melted last summer than any year for which we have records. This is bad news because, unlike sea ice, Greenland

Inflation in South Africa & the Global Commodity Cycle

…There’s a whiff of panic in the commodity markets, isn’t there? Bullish buying has turned into investment hoarding. What comes after that? If this were a normal commodity cycle, high prices would signal producers to crank up production. Supply would increase to meet demand, and prices would fall. This is probably not a normal cycle. […]

Malaysia: No quick fix for fuel prices

Malaysia cannot use funds from Petroliam Nasional Bhd. as a quick fix to lower fuel prices because the state oil company needs resources to expand and compete globally, a finance official was quoted as saying Monday. Malaysia, a net oil exporter, heavily subsidizes retail fuel prices but has warned it may have to reduce subsidies […]

Ethanol giant ADM is bullish on fuel

Company will stand fast as experts see volatile next 10 years for market CHAMPAIGN, Ill. – On a conference call back in early November, Archer Daniels Midland Chief Executive Patricia Woertz sounded like an ethanol bull on the prowl for a bargain. With ethanol supply outstripping demand and its price falling, an analyst asked her […]

Venezuela Seeks OPEC’s Support on Exxon Mobil Dispute

(Bloomberg) — Venezuela wants OPEC to discuss Exxon Mobil Corp.’s decision to get court orders freezing assets at the country’s state-owned oil company, Petroleos de Venezuela SA. Venezuelan Energy and Oil Minister Rafael Ramirez will ask the Organization of Petroleum Exporting Countries to put the topic on the agenda for OPEC’s March 5 meeting, he […]

Petrodollar tsunami to hit the euro and dollar

With crude oil at $100 a barrel, there is going to be a massive transfer of global financial wealth from oil consuming countries to oil exporters. Some of these windfalls will be absorbed by the economies of the oil producers, but a far larger amount will be invested outside them. Indeed, a petrodollar tsunami is […]

Pipeline for Canadian oil to get permit

BISMARCK, N.D. – The U.S. State Department intends to issue a permit this month for a $5.2 billion pipeline that would transport crude oil from Canada through seven states. The State Department, in a decision published Monday in the Federal Register, said that if no other federal agency objects, a permit will be issued within […]

Why your grocery bill is about to hurt

Wheat, corn, beef: prices are soaring. Is the global food supply in danger? …Then, last summer, a dynamic took hold that neither fickle weather nor the greed of cynical middlemen could adequately explain. In the dust-blown streets of Mauritania, the cost of a bag of wheat flour doubled within a few short weeks. In Niger, […]

The Challenges Facing China’s Oil Behemoth Abroad

“PetroDragon” expert Xu Xiaojie talks about the overseas opportunities and hurdles CNPC counterpart China National Offshore Oil, parent company of CNOOC (CEO), China’s largest offshore player, is back in the news, too. Its $16 billion plan to jointly develop Iranian gas fields is drawing concern in Washington as lawmakers there push for sanctions against Iran’s […]

The Senate Shills for Big Oil

One of the major shortcomings in last year The damage was immediately apparent. New investment in clean, non-fossil-fuel energy sources

Kunstler: Campaign Blues

…The president-elect will quickly realize that the number one problem is not that Americans can’t afford health care — it’s that they can’t afford anything, because their income is evaporating in terms of both lost jobs and a dollar that is racing toward worthlessness. They’ll be hard put to pay for food and gasoline, nevermind […]

UK gas terminal shut Monday, damage probe continues

LONDON, March 3 (Reuters) – Royal Dutch Shell’s UK gas terminal at Bacton remained closed on Monday afternoon as investigations continued into the extent of the damage caused by a fire on Feb. 28, a spokesman for the company said. “The plant is still shut down and investigations are ongoing,” the spokesman said, adding that […]

Nuclear Watchdog Presses Iran on Weapon Reports

The director of the International Atomic Energy Agency said Monday that intelligence reports that Iran secretly researched how to make nuclear weapons were of In a thinly veiled criticism of Iran, he added,

UK mulling fuel poverty voucher

The government is considering a voucher scheme to help the poorest people pay their gas and electricity bills, the BBC has learned. Treasury ministers raised the idea in a meeting with executives from some of the biggest UK energy firms on Monday. Energy firms have been criticised by consumer groups and unions for raising gas […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy