The Key to Safe and Effective Carbon Sequestration

Some rock acts as a natural stopper to buried carbon dioxide. To the dismay of environmentalists, coal is still king in the U.S. electricity market. Nearly 50 percent of the electric power in this country comes from burning coal to create steam that drives electricity-generating turbines. Coal-burning power plants in the United States emit about […]

Branson: nuts to peak oil

Sir Richard Branson today claimed aviation could be made The test flight was intended to prove that the biojetfuel could perform as well as conventional fuel at the freezing temperatures encountered at altitude. Although the biofuel formed just 5% of the aircraft

Australia: Under the pump

IT WAS not just motorists who were in for a shock as the the price of oil passed $US103 a barrel for the first time in history on Friday. The soaring price of “black gold” is likely to affect everything from airline travel and taxis to investing, and even what you can afford to put […]

Beyond Bali

The world

Stop Global Climate Change By Building An ‘Ark’

This writing is not about saving the Earth. The Earth will go on with or without human beings. This writing is about saving you. It invites you to shift your lifestyle so you might live a little longer, and so your descendents might live at all. How can six and a half billion people reorient […]

Insecurity Rocks Increasingly Valuable Saharan Desert

The Sahara has become a much more attractive place to invest, as countries struggle to meet their energy needs. The price of uranium, used to produce nuclear energy and mined in northern Niger, has multiplied six times within the past decade. Planning has begun for a more than $10 billion Trans-Saharan natural gas pipeline, expected […]

Oil firms line up for contracts in Iraq

BAGHDAD Of these, 10 are American, with companies also from Japan, Russia, Britain, Canada and South Korea. Those majors include Royal Dutch Shell, BP, Exxon Mobil Corp, Total and Chevron Corp., he said. Reuters

Dueling Markets: Can Food Fight Oil?

It’s no secret that high oil prices have moved big money, some $3 trillion, from energy-consuming states in the West to suppliers like Saudi Arabia and Russia. Pooling up in huge state-controlled investment funds, this vast transfer wealth is tipping the global financial power, raising fears in the West of petrol-power domination.Or maybe not. A […]

TU Delft tests windmill for seawater desalination

A traditional windmill which drives a pump: that is the simple concept behind the combination of windmill/reverse osmosis developed by the Delft University of Technology (TU Delft) in The Netherlands. In this case, it involves a high-pressure pump which pushes water through a membrane using approximately 60 bar. This reverse osmosis membrane produces fresh water […]

UK: Soaring fuel costs spark a tidal wave of diesel thefts

SOARING fuel costs have led to a spate of thefts of diesel from farms and goods yards across Scotland. Police believe relentless rises in pump prices have turned diesel into such a valuable commodity that it is being stolen and resold Insurers say the crime wave has become an “epidemic” with claims from farmers doubling […]

Annual Threat Assessment – Director of National Intelligence

From Pg 40-43 GLOBAL ENERGY SECURITY Access to stable and affordably priced energy supplies has long been a critical element of national security. Sustained increases in global demand and the interactive effects of energy with other issues have both magnified and broadened the significance of developments in the global energy system. Oil prices in late […]

Expert: Arctic polar cap may disappear this summer

OSLO, Feb. 29 (Xinhua) — The polar cap in the Arctic may well disappear this summer due to the global warming, Dr. Olav Orheim, head of the Norwegian International Polar Year Secretariat, said on Friday. The shrinking of the Arctic ice cap has been astonishing, Orheim said in an interview with Xinhua. “Ice sheet hit […]

White House wants more oil; investment not seen

WASHINGTON (Reuters) – The White House called for more U.S. and global oil output to fight rising energy costs, but a top intelligence official said on Wednesday that prices at $100 per barrel had yet to spur production. “We would like to not only have exporting countries increase their output but we would also like […]

Matthew Simmons calls on regional oil producers to curb output

Matthew Simmons, the controversial energy investment banker, has called on Middle East oil producers to reduce their oil production to extend the life of their reservoirs. Simmons, chairman of Simmons & Company International and a leading proponent of the theory of peak oil, which states that production has reached its peak and will decline, says […]

Everybody’s jumping on the solar bandwagon

Such sweeping visions of our solar future beg the central question of humankind’s destiny on this planet— Do we live in a world of ever flowing abundance, or do we live in a world of limits to growth? If your answer is “abundance”, your approach to the future requires a shift in direction in a […]

Africa: Powering Continent By Nuclear Energy

African countries’ power condition is expected to become more critical by next year, when demand in the region is expected to exceed the combined supply of 45,000 MW from the Southern African Power Pool. Nathaniel Maphathe, chairman of the South African Power Pool (SAPP) Management Committee, has expressed his worry over the diminishing electricity supply […]

Nigeria oil hub targeted in night attack

ABUJA, March 1 (Reuters) – Armed men torched a police building and several vehicles at the main jetty on Bonny Island, an oil and gas export hub in Nigeria’s southern Niger Delta, a security expert working for an oil major said on Saturday. Police spokesmen could not immediately be reached to comment on the report […]

Chile preparing for energy rationing: voltage reduced 10%

The specter of energy shortages in Chile reared its head again this week, as the Ministry of Economy released a short-term plan to confront the country

Exxon may trim production on higher prices

Exxon Mobil may trim its production targets in a meeting with Wall Street next week as the oil giant absorbs the impact of sustained $100-a-barrel oil, analysts said. Since Exxon Mobil relies on production sharing contracts with oil- rich countries to extract its crude, more expensive oil will likely limit the amount of petroleum it […]

China tells oil majors to open taps to independents

Beijing has ordered its powerful oil duopoly to step up petrol and diesel sales to hundreds of independent wholesalers and gas stations, a person close to the situation said on Friday, China’s first major effort to liberalise its domestic fuel market in a decade. The policy, approved earlier this week, appears aimed at freeing up […]

China steps forward as Venezuela’s key oil buyer

China could be the near monopoly buyer of Venezuelan fuel oil after Beijing stepped up financial aid to cash-strapped Caracas, but it will be years before higher volumes of crude from the OPEC member begins flowing East. Venezuela is struggling with multiple problems including a cash crunch caused by President Hugo Chavez’s use of oil […]

2050 Peak Coal May Make the US into the Next Middle East

The world is running out of a critical fossil energy source: coal; so says the Energy Watch Group. This European consortium of scientists is working to quantify fossil and atomic energy shortages and develop scenarios for regenerative energy sources. In a recent article, “Coal Futures”, American Scientist magazine summarized “Coal: Resources and Future Production”, a […]

No impact from Energy Saving Day

The UK’s first Energy Saving Day has ended with no noticeable reduction in the country’s electricity usage. E-Day asked people to switch off electrical devices they did not need over a period of 24 hours, with the National Grid monitoring consumption. It found that electricity usage was almost exactly what would have been expected without […]

Oil money is coming – and there is little the west can do about it

Barroso’s main worry is that Russia — which set up an official SWF last month — is planning to relaunch the cold war, only this time with oil and gas receipts rather than with the Red Army. Some western governments are suspicious about the motives of sovereign funds that have been buying up assets in […]

Football-sized boulders provide clue to Antarctic melt

No one even saw Antarctica before sailors spotted the coast in 1820 so there are scant historical records and little understanding of how ice sheets might react to rising temperatures linked to global warming. The area of west Antarctica studied, the Amundsen Sea Embayment, is of special concern because much of the bedrock under the […]

Pizza and beer now cost an arm and a leg

Sure sign we’re heading for a recession: Even cheap eats are hard to find If you’re looking for a sure sign the U.S. economy is headed for a recession, all you need to do is look at the skyrocketing price of “recession-proof” foods: pizza, hot dogs, bagels and beer. For many Americans, the credit crunch […]

A revolution in the skies… a disaster for the planet

Cheap flights. More flights. Multiplying routes. At the end of a week that has seen protests against airport expansion, predictions of further airport chaos, and record oil prices, British travellers are showing no sign of shaking off their addiction to CO2-heavy cheap flights. A record number of new air links will open from the UK […]

Solar without the Panels

Investors and utilities intent on building solar power plants are increasingly turning to solar thermal power, a comparatively low-tech alternative to photovoltaic panels that convert sunlight directly into electricity. This month, in the latest in a string of recent deals, Spanish solar-plant developer Abengoa Solar and Phoenix-based utility Arizona Public Service announced a 280-megawatt solar […]

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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