Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


News from April 2009

The key to containing Iran's nuclear ambitions is at the gas pump

The key to containing Iran's nuclear ambitions is at the gas pump thumbnail

Barack ObamaNationalPost


$10M announced for hybrid schoolbus

$10M announced for hybrid schoolbus thumbnail

– The U.S. Department of Energy has allocated $10 million for the development of a plug-in hybrid electric school bus, Secretary Margaret Chu announced Friday. “These projects will help move technologies from the laboratory to the marketplace by improving their durability, reducing their costs, and validating their performance in real-world settings,” Chu said. “By investing […]


Kurdistan discovery boosts Heritage

Kurdistan discovery boosts Heritage thumbnail

Hopes of a significant oil find boosted Heritage Oil yesterday as the London market moved higher. Heritage jumped in the last minutes of trading in reaction to comments from Iraqi Kurdistan’s natural resources minister. Drilling in northern Kurdistan has discovered 3bn to 4bn barrels of oil, Ashti Hawrami said, with potential for reserves of 40bn […]


Environmental benefits of electric cars dismissed as 'fiction'

Environmental benefits of electric cars dismissed as 'fiction' thumbnail

The amount of energy used by coal fired power stations to create the electricity to recharge electric vehicles makes them half as efficient as diesel cars, according to the research. Britain’s carbon emissions could even go up if there is a sudden surge in demand for electric cars, the new research warned. Telegraph


Budget boost for Scottish oil

Budget boost for Scottish oil thumbnail

SCOTLAND’S oil industry will receive a massive Budget boost this week when Alistair Darling reveals plans to increase North Sea production by 20% over the next five years. The Chancellor will unveil millions of pounds worth of incentives to the beleaguered oil industry to help extract up to two billion barrels of oil worth more […]


Cuba Your Next Offshore Investment Bonanza?

Cuba Your Next Offshore Investment Bonanza? thumbnail

Offshore investment is getting a bad name lately, but thatMarketOracle


Politics could hamper Iraq oil development: MEES

Politics could hamper Iraq oil development: MEES thumbnail

The development of Iraq’s massive oil and gas reserves could be hampered by its chaotic politics and lack of interest in proposed projects, an economic newsletter warned on Sunday. “Politics — international, domestic, ethnic and party-based — has dominated every aspect of discussions of Iraq’s post-invasion oil development,” the Middle East Economic Survey (MEES) said […]


Not so high and mighty

Not so high and mighty thumbnail

As crude prices rose to unprecedented highs in recent years, some of the worldHoustonChronicle


China throws Kazakhstan economic lifeline

China throws Kazakhstan economic lifeline thumbnail

China has thrown Kazakhstan an economic lifeline in agreeing to lend the central Asian country $10bn and buy into a major oilfield. The agreements, signed during a five-day visit by Nursultan Nazarbayev, the Kazakh president, to Beijing this week, underscores Chinese determination to exploit the global financial crisis to acquire foreign natural resources, especially energy. […]


Thomas Homer-Dixon: A doomsayer, and a father, with a heart of faint hope

Thomas Homer-Dixon: A doomsayer, and a father, with a heart of faint hope thumbnail

Our expert on future catastrophe trusts we’ll find ways to save Earth …Homer-Dixon sticks steadfastly to a grim optimism that, as yet, has little concreteness about it. His newly published third book aimed at a general audience “The people who know about this stuff


The Great Green Con: Labour's climate measures mainly hot air

The Great Green Con: Labour's climate measures mainly hot air thumbnail

Britain’s economic stimulus measures, promoted by Gordon Brown as part of a “global green new deal”, will accelerate global warming instead of curbing it, an investigation by The Independent on Sunday has established. The investigation also shows that most of the Prime Minister’s vaunted green initiatives have not materialised and, in some cases, are likely […]


Greg Reid: Geothermal, the 'Sleeping Giant'

Greg Reid: Geothermal, the 'Sleeping Giant' thumbnail

With the U.S. stimulus package in place and the politically contentious cap-and-trade program looming, one sector is poised to benefit from both measures. Calling it the “Rodney Dangerfield” of renewable energies, Greg Reid, director of Clean Technology at Wellington West Capital Markets, says geothermal doesn’t get a lot of respect right now The Energy Report: […]


Biofuel imports – a costly trade in bunkum

Biofuel imports – a costly trade in bunkum thumbnail

UK – Forget electric cars, you won’t be driving one for decades, perhaps you never will. What matters is the liquid that fills the tank in the Mondeo and that liquid is becoming more peculiar every year. You may think that your car’s diesel engine is burning brown sludge pumped out of a North Sea […]


Lawmakers start work on global warming bill

Lawmakers start work on global warming bill thumbnail

Hearings this week could revolutionize how U.S. produces, uses energy WASHINGTON – The last time Congress passed major environmental laws, acid rain was destroying lakes and forests, polluted rivers were on fire and smog was choking people in some cities. The fallout from global warming, while subtle now, could eventually be even more dire. That […]


Wind Power Drives Need For Grid Changes

Wind Power Drives Need For Grid Changes thumbnail

If the North American electric supply is going to operate reliably after adding a lot of wind turbines, big changes will be needed to accommodate their quick increases and decreases in power, according to a task force report on integrating The corporation was formed by traditional utilities and generators, but will not advocate for any […]


The End Is Near! (Yay!)

The End Is Near! (Yay!) thumbnail

The Transition movement was started four years ago by Rob Hopkins, a young British instructor of ecological design. Transition shares certain principles with environmentalism, but its vision is deeper Transition


Desert clash in West over solar power, water

Desert clash in West over solar power, water thumbnail

Advocates of alternative energy stymied by overtaxed aquifers, tiny fish OAKLAND, Calif. – A westward dash to power electricity-hungry cities by cashing in on the desert’s most abundant resource The solar hopefuls are encountering overtaxed aquifers and a legendary legacy of Western water wars and legal and regulatory scuffles. Some are moving to more costly […]


Lack of permanent Arctic ice surprises explorers

Lack of permanent Arctic ice surprises explorers thumbnail

OTTAWA (Reuters) – The head of a British team walking to the North Pole on a mission to gauge how fast Arctic ice sheets are melting said on Friday he was surprised by how little permanent ice he had found so far. Pen Hadow and two other adventurers set off in early March on a […]


Why we forgot how to grow food

Why we forgot how to grow food thumbnail

As a food shortage looms, people are digging for Britain Reverting to old-fashioned farming will be hard because our soil is in poor shape. Fertility has come to rely on annual, chemical top-ups instead of the traditional long-term build-up using animal manure and crop rotation. Suddenly taking away all the artificial fertilisers will result in […]


Truth and Consequences

Truth and Consequences thumbnail

Industrial ecology can help us understand the impact of consumer decisions A while ago I bought my grandson, a toddler, a bright yellow wooden racing car, for just 99 cents. But then I happened to read that lead in paint makes colors (particularly yellow and red) brighter and last longer; because lead costs less than […]


Oil baron warns of trouble in the North Sea

Oil baron warns of trouble in the North Sea thumbnail

Sir Ian Wood fears combination of lower prices and lack of funding will affect new projects, and bosses call for tax cuts Oil industry bosses are urging Alistair Darling, the chancellor of the exchequer, to ease the tax burden on North Sea oil and gas companies or risk more than 50,000 job losses in the […]


The "Peak Oil Disruptor": Bryn Davidson

The "Peak Oil Disruptor": Bryn Davidson thumbnail

Four rules to address the “global energy transition” …First Rule: don’t invest in something that could become a stranded asset Bryn described a town in Maryland that invested $60 million in a new airport as an economic stimulus strategy only to see oil prices go up and the local carrier drop the town as a […]


A Plan for U.S. Emissions to Be Buried Under Sea

A Plan for U.S. Emissions to Be Buried Under Sea thumbnail

In an ambitious proposal to counter global warming, an upstart power developer wants to build a coal-fired electric plant on the outskirts of New York City that would capture its emissions of carbon dioxide and pump the pollutant 70 miles offshore. The gas would be injected into sandstone a mile beneath the ocean floor in […]


US rig count drops below 1,000

US rig count drops below 1,000 thumbnail

US drilling activity continued to plummet the week ended Apr. 17OGJ


Oilpatch layoffs could trigger labour crunch

Oilpatch layoffs could trigger labour crunch thumbnail

Today’s labour surplus in Canada’s energy sector could prove an even bigger problem down the road, when the current industry downturn fades and demand for workers begins its cyclical rebound. At present, more layoffs are looming as companies keep multibillion-dollar oilsands projects on the shelf and hold off on natural gas drilling plans due to […]


Electric cars will usher in road pricing (UK)

Electric cars will usher in road pricing (UK) thumbnail

Nationwide road pricing would replace fuel duty if the governmentAutocar


Electric-Car Fans Rally Around the Volt

Electric-Car Fans Rally Around the Volt thumbnail

Electric car supporters are rising to defend General MotorsNYTimes


Oil Sector Eager To Rebound

Oil Sector Eager To Rebound thumbnail

Oil service companies like Halliburton and BJ Services are bracing themselves for what could be one of the sector’s worst earnings seasons in years. Investors aren’t banking on oil markets improving in 2009, so they will likely put their dollars with the cost-cutters. Quarterly comparisons will be downright dismal given that oil was on a […]


China Hainan eyes 20m tonnes of oil reserves

China Hainan eyes 20m tonnes of oil reserves thumbnail

The southern Chinese island province of Hainan has applied to build oil storage tanks with capacity of up to 20 million tonnes for both commercial and state oil reserves, vice governor Fang Xiaoyu said today. This includes a capacity of 5-10 million tonnes (36-72 million barrels) of commercial reserves and 10 million tonnes of state […]


China Goes to Latin America For Oil, Minerals—and Water

China Goes to Latin America For Oil, Minerals—and Water thumbnail

While Obama meets with Latin American leaders this weekend to discuss US relations, he’ll be doing so in the shadow of a newer growing player in the region: China. While the economic crisis unnerves Latin American leaders, the Chinese government is stepping in with money for the area’s abundant natural resources. Among them: soybeans, which […]


« Previous PageNext Page »



Oil News Categories


Recent Board Topics


Archive


LATEST NEWS HEADLINES


PO Real Time

No tweets available