Australian uranium output could jump 20% by 2012

Australia’s uranium industry could lift output by about 20 percent in three years, government and industry officials said on Monday, as the nation gears up for its first major expansion of uranium mining in a decade. Australia’s uranium industry has been hamstrung since the early 1980s by political hostility to the nuclear fuel, but long-standing […]

Pouring Biofuel on the Fire

Hunger. Corruption. Bankruptcy. Other than that, the green-fuel boom has been a smashing success.Henry Ford envisioned ethanol as the “fuel of the future”; his Model T ran on ethanol and petroleum. The International Energy Agency forecasts that conventional oil production will peak by 2020, with massive price increases preceding the peak.There were food riots in […]

Coral Reefs May Start Dissolving When Atmospheric CO2 Doubles

Rising carbon dioxide in the atmosphere and the resulting effects on ocean water are making it increasingly difficult for coral reefs to grow, say scientists. A study to be published online March 13, 2009 in Geophysical Research Letters by researchers at the Carnegie Institution and the Hebrew University of Jerusalem warns that if carbon dioxide […]

How do you produce clean energy from dirty coal?

In one ad, people in white coats gaze intently at test tubes as the narrator intones: “We’re committed to a future in which our most abundant fuel, coal, generates our electricity with even lower emissions.” In the other ad, directed by the famed Coen brothers, a smarmy pitchman offers a family a “clean-coal” room deodorizer, […]

UAE: Solar energy can help overcome power crisis

Solar power could be the answer to the shortage of electricity that is causing problems for developers in Sharjah and Ajman, according to an alternative energy company. Buildings are standing empty because of the power shortage, said Danny Baldonado, Managing Director of Icoast Manufacturing Group from the Philippines. The company’s Power Plus system has already […]

Pentagon Planning to Build Solar-Powered Spy Airship

Sophisticated blimp will hover at 65,000 feet and will be powered by solar panel technologies and hydrogen fuel cells. Spy capabilities are constant – as it can remain airborne for 10 years. The U.S. defense department is currently seeking a contractor to build what the Pentagon believe will be the ultimate surveillance tool – a […]

China Green Car Dream Meets Economic Reality

China’s campaign to bring cleaner, low-emission vehicles to its roads may take a back seat as the government seeks first to stimulate growth and counter dwindling sales in the world’s largest car market. Battery and car maker BYD Ltd and other Chinese auto manufacturers with ambitions to be among the first globally to market all-electric […]

OPEC Decides Against Fourth Output Cut on Economy

March 16 (Bloomberg) — OPEC agreed to maintain current production quotas, concerned that a fourth cut since September risked increasing energy costs during the worst global economy in six decades. The Organization of Petroleum Exporting Countries, supplier of about 40 percent of the world’s crude oil, will aim to complete existing production cutbacks agreed to […]

Surge of cheap gas may put coalmines out of action

A price war between liquefied natural gas and coal could lead to the temporary closure of coalmines, according to leading energy consultants, because of a surge in shipments of the gas from the Middle East into Europe and North America. Gas prices, already tumbling as a result of the recession, are suffering a triple whammy, […]

NYC to Boston would get worst of future sea rise from global warming, new study

WASHINGTON (AP) An extra 8 inches

Russia’s cut in oil exports welcomed

RUSSIA announced yesterday that it is cutting oil exports – welcome news for OPEC oil ministers looking for ways to bolster prices by reducing supply without further hurting the global economy. Russian Deputy Premier Igor Sechin spoke to oil ministers of the Organization of the Petroleum Exporting Countries before they decide how best to support […]

Oil drops 4 percent after OPEC keeps output steady

PERTH (Reuters) – Oil slumped 4 percent to $44 a barrel on Monday as traders questioned whether OPEC’s decision to enforce better compliance with previous curbs rather than make new production cuts was enough to offset eroding global demand. While top producer Saudi Arabia had signaled a week ago that it wanted stricter adherence to […]

Saudi Oil Capacity to Be 12.5 Million Barrels by June

(Bloomberg) — Saudi Arabia Saudi Aramco completed drilling at its 1.2 million barrel-a- day Khurais oil field last month as it plans to bring the kingdom

Obama expected to kill key Bush EPA program

WASHINGTON – The Obama Administration intends to close an EPA program heavily promoted by the Bush Administration that rewards voluntary pollution controls by hundreds of corporations with reduced environmental inspections and less stringent regulation, according to EPA sources and internal emails. EPA Administrator Lisa P. Jackson is expected to sign a memo terminating the Performance […]

Where’s the Hafnium

This is only partly a water story, but something like 5 trillion gallons of water is being pumped from the Ogallala aquifer, utilized by states from North Dakota to Texas. The aquifer has lost 33% of its water since 1950. At its current usage rate, rainfall will not be able to replenish this underground water […]

Libya To Invest $10 Billion-$12 Billion In Oil Projects In 2009 -Oil Head

Libya will invest $10 billion to $12 billion in its oil industry this year, exceeding its total investment from last year, Head of Libyan National Oil Co. Shokri Ghanem said Saturday. “We are expecting that our investment in the oil sector would reach between $10 billion to $12 billion in 2009. That figure is above […]

Bureaucracy, clashing rules hinder Iraq investment

Investment in Iraq remains hindered by conflicting regulations and a labyrinthine bureaucracy, officials said on Sunday, as the country awaits a wave of foreign cash needed to help it rebuild. “Frankly speaking, the value of the investment in Iraq is not that big,” Thamir Ghadhban, head of Iraq’s national investment committee, told Reuters. “Some provinces […]

From Twin Piillars To Twin Towers

US oil geopolitics in the 1948 to 2009 period can be said to have been dominated, until 2001, by the ‘Twin Pillars’ doctrine of regional partners in the Middle East guarding and protecting US oil interests. This doctrine had important ideological and non economic components, as well as apparent and basic economic objectives. After 2001 […]

A European Natural Gas Crisis?

European storage is now down to about 30% as compared to about 46% this time last year. Storage continues to decline at a rate of around 100 mcm/day faster than last year and has done so ever since the Russian production collapse. Storage in France is now below 20%. The low level of storage in […]

Hybrid Owners Not Loyal to Brand or Hybrid Vehicles

According to R.L. Polk & Co.’s director of industry analysis Lonnie Miller, when he asked a group of over 300 people in Detroit a question about how many of those present drove hybrid vehicles, only three hands went up. On average, throughout the U.S. 2.5% of people own hybrid vehicles. If Detroit followed the mold, […]

Hydrogen to fuel green jets

We have had the hydrogen-powered car, now meet the hydrogen aircraft. A British company has developed an air-breathing hydrogen engine that could radically cut the environmental footprint of air and space travel. Reaction Engines, based in Oxfordshire, has just secured a LondonTimes

Obama says no quick end to ethanol dispute

Barack Obama on Saturday said there would be no quick resolution to a dispute with Brazil over restricting ethanol imports to the US, following his first meeting with President Luiz Inacio Lula da Silva. The Brazilian president, in his first visit to Washington since Mr Obama took office, said it was wrong for the US […]

China in $4.9b deal to develop Iran gas field

IRAN has announced a $US3.2 billion ($4.9 billion) natural gas deal with China, a move that underscores the difficulty of using economic sanctions to put pressure on Tehran over its nuclear program. Iranian state television quoted a government official as saying the deal with a Chinese consortium, announced two days after the US renewed sanctions […]

If the US is bad, its rivals are worse

It is no accident that so many critics of western capitalism are petro-states. A market economy succeeds by providing incentives for raising productivity and incomes. A state-controlled system is lousy at providing the right incentives, and so is bad for productivity. But a petro-state thrives simply on the geographical accident of mineral wealth, not great […]

OPEC ministers to keep present output

OPEC oil ministers say they will stick to present output levels but seek to end overproduction by some members. The decision Sunday means there will be no cutbacks from production levels established in December. It also translates into pressure on members of the 12-nation producer group who are exporting more oil than their quotas call […]

Planet Overload

The worldIf you write about the environment you become used to a measure of unfriendly criticism. In the main, it

Russia to cut oil exports, raise domestic consumption – Sechin

VIENNA (RIA Novosti) – Russia will cut oil exports and increase domestic oil consumption in a bid to stabilize world oil prices amid the ongoing financial crisis, Deputy Prime Minister Igor Sechin said on Sunday. “We will be cutting oil exports through the expansion of domestic consumption. In particular, we plan to transfer 2 million […]

Plan B: scientists get radical in bid to halt global warming ‘catastrophe’

The director of a Nasa space laboratory will this week lead thousands of climate change campaigners through Coventry in an extraordinary intervention in British politics. James Hansen plans to use Thursday’s Climate Change Day of Action to put pressure on Gordon Brown to wake up to the threat of climate change – by halting the […]

Maldives aims to become first carbon-neutral country

Saturday, 14 March 2009 – The Maldives – the island nation threatened by rising sea level as a result of global warming – is attempting to become the world’s first carbon-neutral country. The Independent has learnt that tomorrow President Mohammed Nasheed will reveal details of a plan to achieve full carbon neutrality within 10 years. […]

‘Green’ dams hasten rape of Borneo forests

The island of Borneo, a fragile treasure house of rainforests, rare animals and plants, is under threat from plans for Chinese engineers to build 12 dams that will cut through virgin land and displace thousands of native Dayak people. The government of the Malaysian state of Sarawak says the dams are the first stage of […]

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