Oil Rises Again: What Does it Mean?

A very interesting thing has been happening. Slowly, slowly, oil has started to rebound. Are we in store for more Peak Oil scares ( reality)? Unfortunately, neither I nor anyone else knows where oil is going. What I do know is that oil was one of the strongest commodity movers last week on a relative […]

Shell goes to paradise in search of cheap biofuel

Last week a small company backed by the oil giant Royal Dutch Shell provided the first batch of a locally made oil to the American government for testing as aviation fuel. It has the combustion properties of fuel derived from crude oil but it is made from algae. It sounds almost too good to be […]

Iraqi VP calls for wise economic policy amid woes

Iraq’s Sunni vice president appealed Sunday for a “suitable recipe” to help transform his country’s “unbalanced” economy, joining other government officials in sounding the alarm over the nation’s finances. Tariq al-Hashemi said a number of crises AP

The French Nuclear Industry Is Bad Enough in France

France’s monopolistic dependency on splitting the atom to turn on the lights has come with a huge price — not only financially but in environmental and health costs. In reality, France is a radioactive mess, additionally burdened with an overwhelming amount of radioactive waste, much of which is simply dispersed into the surrounding environment. The […]

5 Myths on Nuclear Power

Thirty years ago this week, a chain of errors and equipment malfunctions triggered the defining event in the history of American nuclear power: the accident at Three Mile Island. Although no one died and the health consequences were insignificant, the mishap was vivid confirmation that things could go wrong with a nuclear reactor. It almost […]

The greatest moment in science. Almost.

It was 20 years ago today that the world of science went crazy. Or as crazy as someone can go with a test tube in each hand. Which, as it turned out, is very crazy. At a press conference at the University of Utah on 23 March 1989, two chemists told a stunned world that […]

Japan Joins the Race for Uranium

Energy-hungry Japan is revving up its drive to secure uranium abroad as global demand for nuclear power rises amid stubbornly high oil and gas prices and growing environmental concerns. Major Japanese trading and energy firms are looking at multibillion yen investments in uranium mine projects, with electronics conglomerate Toshiba in February purchasing Westinghouse, the US […]

Crunch forces govt to drop oil reserve target. (Nigeria)

DEVELOPMENTS in the oil and gas industry within and outside the country may have forced the Federal Government to jettison its earlier plan to raise the nation’s oil reserve from the current level of 35 billion barrels to 40 billion barrels by 2010. Petroleum Resources Minister, Dr. Rilwanu Lukman, at the just-concluded international seminar of […]

PetroChina Xinjiang to boost oil storage by 60 pct

PetroChina’s Xinjiang Oilfield Corporation has started an expansion that would boost its crude oil storage capacity by 60 percent by August 2010, a newspaper run by parent CNPC reported on Monday. The Xinjiang unit will add 450,000 cubic metres of crude oil tanks to its Wangjiagou oil storage facility in two years, with three tanks […]

Gulf economies seen slowing down

The Saudi Arabian and United Arab Emirates economies will narrowly avoid contracting in 2009 while Kuwait shrinks as the Gulf is dealt a double blow from oil output cuts and weak consumer demand, a Reuters poll showed. Real economic growth in all Gulf oil exporters except Qatar is set to slow to about 2 per […]

Changed times for Russia’s elite

IT HAS been a remarkable year for Russia since Vladimir Putin swapped the presidency for the prime ministerIrishTimes

Why Another Oil War

In my forthcoming book ‘The Next Oil War’ I take a close look at the possibility we could be moving towards another oil war – while of course clearly acknowledging that no political leader or mainstream media editor in the ‘mature democracy’ countries such as the USA, UK, France, Germany or Japan would ever mention […]

Could global warming turn R.I. into the under-Ocean State?

NEWPORT It is 8:16 a.m. on Tuesday, Nov. 2, 2100. The highest naturally occurring tide of the year has come in, further emphasizing a distressing reality: the City by the Sea is now a city increasingly under the sea. Since the year 2009, sea levels have risen at least 3 feet. Even during regular tides, […]

Scottish Power channels energy into plans for carbon capture plant

A The liquid CO2 would travel hundreds of miles along a pipeline before being injected into a field of porous rock under the North Sea. The

Religious Fanatics and Peak Oil: A Match Made In Hell

We already knew that Iran is controlled by religious extremists. Iran’s real leader in ultimate power is not a president, but a “supreme” religious leader who punishes anybody who criticizes him or his authority. That included the current supreme leader’s younger brother, who was severely beaten for criticizing his authority years ago, along with several […]

Russia to develop promising deposits to win new energy markets

MOSCOW (Itar-Tass) – Russia will develop promising oil and gas deposits to win an access to new sales markets of energy resources, said Deputy Prime Minister Igor Sechin in an interview with the Vesti Nedeli programme of the Rossiya TV channel, which was telecast to Far Eastern regions of the country. According to the vice-premier, […]

Market Capitalism Beats Bolivarian Socialism

The G-20 is meeting to try and fix the allegedly floundering capitalist system. The media are part of the chorus; the Financial Times, for example, has a new series, “Future of Capitalism,” with contributions like “Let fairness triumph over corporate profit.” What this debate misses is that the most vocal critics of U.S. capitalism are […]

Is a Food Revolution Now in Season?

ANAHEIM, Calif. – As tens of thousands of people recently strolled among booths of the nation They also gathered to relish their changing political fortunes, courtesy of the Obama administration.

Chavez Trims Budget to Offset Low Oil Revenues

CARACAS, Venezuela But Mr. Chavez ruled out deeper adjustments, like a devaluation of the currency, the bolivar, or an increase in subsidized gasoline prices, which are among the world

John Michael Greer: Genji and the printing press

The relation of technology to time is a theme that In that light, it

Airlines enjoying huge price break in refining costs

FORT WORTH, Texas — Amid the doom and gloom of the collapsing travel market, a bright spot for the major airlines has emerged that could save the industry billions of dollars this year. The price of refining crude oil into jet fuel has plummeted in recent weeks as demand for fuel drops and suppliers try […]

Climate Warming Affects Antarctic Ice Sheet Stability

A five-nation scientific team has published new evidence that even a slight rise in atmospheric concentrations of carbon dioxide, one of the gases that drives global warming, affects the stability of the West Antarctic Ice Sheet (WAIS). The massive WAIS covers the continent on the Pacific side of the Transantarctic Mountains. Any substantial melting of […]

Time to end the multigenerational Ponzi scheme

By Kim Stanley Robinson First, we need to trust our science. We do this every time we fly in a jet or rush to the doctor in hope of relief from illness; but now there is some cherry-picking of science going on in the various kinds of resistance to the news about climate change, and […]

5 big alt-energy letdowns: Ideas that sounded good but…

As the call for a clean-energy savior

Climate Change ‘Big Priority’ For Energy Commission Chief

Add a new name to the list of Obama appointees devoted to aggressive action on climate change. President Obama yesterday named Jon Wellinghoff — a lawyer who once served as Nevada’s consumer advocate and a believer that electric-car owners could someday get paid to provide backup battery power to the electricity grid — as chairman […]

U.S. installed solar capacity up 17 percent in 2008

LOS ANGELES (Reuters) – Installed solar power capacity in the United States rose by 17 percent to 8,775 megawatts in 2008, the strongest growth in a single year, solar advocate Solar Energy Industries Association said in an annual review issued on Friday. It was the third straight year of record growth for the solar industry. […]

Fly Larvae to Biofuel

EcoSystem Corp. wants DOE to fund its novel biofuel production scheme Still, New York-based EcoSystem Corp. says it’s a great way to turn wasted food into something useful – and they’re asking the Department of Energy for $1.75 million to prove the concept. Greentech Media

Pemex upbeat about Mexico’s oil production goals

LOS ANGELES, Mar. 20 — Mexico’s Petroleos Mexicanos, faced with reports of steep production declines, has announced plans to raise its replacement rate to 100% by 2012 for proved reserves of oil and natural gas. “The rate of integrated return of proven reserves is 71.8% Gil Morales’s statement, however, coincided with publication of a new […]

Nigeria oil unions to launch warning strike

ABUJA (AFP) Olowosile, who is general secretary of the powerful white-collar Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), said the federal government had failed to address the unions’ demands. Both PENGASSAN and its blue-collar National Union of Petroleum and Natural Gas Workers served the strike notice on March 2. Olowosile said “the […]

The Vocabulary Of Sprawl

You know that leapfrog pod of snoutnoses out in the rhubarb by the edge node? Well, neither does anyone else. But these handy and amusing terms are among the three dozen or so compiled a few years ago by Yale University architecture professor Dolores Hayden in her eternally useful Field Guide To Sprawl. It Even […]

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LATEST NEWS HEADLINES

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