UK: Energy minister to urge Opec to invest for recovery

Energy Minister Mike O’Brien is expected to urge Opec members to ensure stable oil prices in the future by investing in increased production when he speaks to the cartel’s international conference in Vienna later today. He is also expected to urge members not to cut production at its next meeting in May and to use […]

The Energy Footprint of Bottled Water

Our bottled water habit has a huge environmental impact, including the amount of energy it takes to make the plastic bottles, fill them and ship them to thirsty consumers worldwide. A new study breaks down just how much energy is used at each step of the process. An estimated total of the equivalent of 32 […]

Mexico oil output to drop 290,000 bpd in 2009-EIA

WASHINGTON, March 18 (Reuters) – Mexico’s crude oil production is expected to average 2.9 million barrels per day this year, down 290,000 bpd from 2008, and then fall to 2.7 million bpd next year, the U.S. Energy Information Administration said on Wednesday. “The decline is driven mainly by falling production at the super-giant Cantarell field, […]

Economy forces consolidation in solar industry

A wave of consolidation is sweeping the solar power industry. San Francisco’s Recurrent Energy will announce today that it will buy an entire portfolio of development projects from UPC Solar of Chicago. The two privately-held companies have not disclosed terms of the deal. The solar projects – some of them still on the drawing board, […]

Why Clean Coal Is Years Away

Coal is here to stay, but efforts to cut emissions are ambitious, expensive, and have largely stumbled America runs on coal. It’s cheap, plentiful (at least for another 100 years or so), and comfortingly domestic. Two hundred years ago, it powered the industrial revolution. Today, it spits out nearly half of the country’s electricity. Coal’s […]

Peak oil review – Mar 16

1. Production and Prices 2. OPEC 1. Production and Prices Last week oil prices were dominated by a rebound in the equity markets and the prospects for another production cut at yesterday

America Has No Energy Plan, But These Entrepreneurs Do

Twenty-one years ago, President George H. W. Bush admitted that he lacked “the vision thing,” but when it comes to energy and transportation policy, nearly all of our leaders since him have been equally impaired. Despite having lived through the oil shock of the early 1970s, only to see our oil imports since then rise […]

We Can

Political will and a price on CO2 won’t be enough to bring about low-carbon energy sources. By all means, swap out your regular light bulbs for compact fluorescents, take the bus, weatherize your home and install solar panels on your roof. Oh, heck, go crazy: tell your senators to give the nuclear industry everything it […]

Soil neglected asset in greenhouse gas fight

BEDFORD, England (Reuters) – John Ibbett and pigs go back a long way. “The pig manager pushed me round in a pram,” recalls Ibbett, whose family have been farming on the same site since 1939. Now he’s proud his family farm can turn muck into electricity, using new technology paid for by a multi-million pound […]

Brazil wants help lifting US ethanol tariffs

NEW YORK: Brazil’s President Luiz Inacio Lula da Silva on Monday implored American businessmen to help convince the United States to lift the 53-cent-per-gallon import tariff it places on his country’s ethanol fuel. Speaking at a Wall Street Journal-sponsored investor forum Monday, Silva defended the gasoline alternative as a cheap and easy way to end […]

Palin defends natural-gas pipeline strategy

ANCHORAGE, Alaska (Reuters) Amid economic jitters and worries about diminished investor interest in a massive North Slope natural gas pipeline, Alaska Gov. Sarah Palin on Wednesday defended her efforts to secure the mega-project that has been pursued for decades and that has been a centerpiece of her political career. Palin said her administration’s competitive-bidding process, […]

Antarctic ice nears tipping point

A large part of the ice covering West Antarctica could be lost if greenhouse gases in the atmosphere increase only slightly from today’s levels and ocean temperatures continue to rise. Another related study said if the West Antarctic ice sheet collapsed and the East Antarctic ice sheet continued to melt at its marine margins, global […]

Mexico new oil reserves outweigh output in 2008

VENUSTIANO CARRANZA, Mexico, March 18 (Reuters) – Mexico discovered more crude oil and natural gas in 2008 than it took out of the ground for the first time in years, President Felipe Calderon said on Wednesday. New discoveries left Mexico’s total oil and gas reserves at 43.6 billion barrels of crude equivalent (bce) at the […]

Chance for new economic system – researcher

The global financial crisis presents a “great” opportunity to create an ecologically sustainable and socially just economic system, an economic researcher said in Cape Town on Wedesday. Jeremy Wakeford, the research director of the Association for the Study of Peak Oil South Africa, a non-profit organisation which conducts research into the peaking and decline of […]

British Minister: Global Warming Could Bring War

Global warming will increase the risk of war, conflict and terrorism and represents perhaps the greatest challenge to stability and security in the world, the British foreign office minister, Bill Rammell warned an international gathering yesterday. Speaking at a conference on climate change and security in Tokyo, Mr Rammell said that climate change could ruin […]

Crisis boils down to human greed-Iran

Iran’s oil minister did not shrink from moral judgement of the world’s economic woes on Wednesday. Gholamhossein Nozari referred to “human greed which is at the root of the current economic crisis.” Oil ministers in OPEC have already blamed bad economic management in the United States for the downturn, deflecting accusations that high oil prices […]

Consumers, producers agree oil projects at risk

No sooner has the world recovered from a deep economic downturn than it could face a set-back from surging oil prices, energy leaders warned on Wednesday, citing a sharp drop in investment in the sector. Representatives of consumers, producers, national and international oil companies agreed at an OPEC seminar that a weaker oil price had […]

Energy Chief Says U.S. Is Open to Carbon Tariff

Energy Secretary Steven Chu on Tuesday advocated adjusting trade duties as a “weapon” to protect U.S. manufacturing, just a day after one of China’s top climate envoys warned of a trade war if developed countries impose tariffs on carbon-intensive imports. Mr. Chu, speaking before a House science panel, said establishing a carbon tariff would help […]

Is hydrogen superior to all-electric concepts?

While individual mobility concepts for electric cars are emerging which involve car batteries used to store and, occasionally, resell its energy which altogether lead to incredibly complex networks and equally complex business models, an EU research project is trying to find ways to optimize the combustion process for hydrogen motors and, thus, bring this type […]

Cuba foresees increase in oil production

The identification of new reserves of Heavy Crudes off the north Matanzas coast, is expected to bring an increase in oil production in Cuba, said Cuban expert at the opening of a national congress on oil being held in Havana. Speaking today at the 2nd Cuban Congress on Oil, Manuel Marrero Faz, member of the […]

China’s shopping spree

Keep Australia Australian is the rallying cry of the Senate opposition leader Barnaby Joyce’s TV ads against China’s proposed $19.5bn (Independent

Is Brazil the ‘New Saudi Arabia?’

With Exxon Mobil Corp.MoneyMorning

Iraq issues tender to drill 30 oil wells in south

Iraq has issued a tender to foreign oil companies to drill 30 wells in three oilfields in the southern province of Maysan, the Oil Ministry said on its website on Wednesday. The offer for the fields of Halfaya, Noor and Abu Gharab on a turn key basis closes on April 15 and the work must […]

Preliminary Results: Tar Sands and Toe-to-Heel Air Injection

In August 2007, a post titled Extracting Heavy Oil: Using Toe to Heel Air Injection (THAI) introduced readers of The Oil Drum to a technology for producing an upgraded extra-heavy oil from Alberta Tar Sands without the environmentally messy and energy-intensive surface mining procedures that currently dominate extraction. The post provided a first-look at producing […]

Climate Stimulus: A New Green Deal

The New Deal transformed Depression-era America into the wealthiest nation on Earth. Could a New Green Deal work similar wonders for climate protection and economic recovery? What does global climate change have in common with the worldwide financial crisis, CARE International Secretary General Robert Glasser asked the audience at the Allianz Foundation Forum in Berlin. […]

Wheat experts gather in Mexico as battle intensifies against plant plague

CIUDAD OBREGON, MEXICO …One of the alarming hallmarks of Ug99 is that in Kenya it has mutated and overcome two additional major stem rust resistance genes called Sr24 and Sr36 that had been effective against the original form of Ug99. An update from the Global Cereal Rust Monitoring System shows that the mutated fungus could […]

Exxon vs. Obama

The biggest oil company in the world is also the most resistant to the shift to green energy. The White House seems determined to make Exxon Mobil Nearby, at the Woodrow Wilson International Center for Scholars, Tillerson, a lanky Texan with a thick drawl and slicked-back silver hair, celebrated the earth

$8 billion could help revive travel by train

Americans started falling out of love with trains 50 years ago, when thrilling silver airliners left locomotives far behind. Now, President Obama and leaders in more than 30 states say it’s time to embrace trains again They’re betting billions of federal and state dollars that high-speed railroads can someday move travelers between major U.S. cities […]

Ghana: Women Lose Their Farms to Biofuel Production

Ghanaian small scale farmers, particularly women, are facing displacement from their farm lands. In recent times, the northern parts of Ghana are said to be witnessing an influx of foreign companies engaged in jatropha and sugar-cane plantation for biofuel production.Regrettably, some of these companies that are investing in biofuel production acquire large track of land […]

Oil price weakness to test Azeri budget, currency

The impact of the global crisis on Azerbaijan could spread beyond reduced remittances and stalled building projects, as further oil price weakness would test its currency, budget and ultimately political stability. The Caucasus state, a supplier of oil and gas to Europe from the Caspian Sea, is set to face plunging revenues this year as […]

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