Kunstler: Bad Collateral

… The president is playing with fire on all this. The old economy is not going to recover, and so far he has not used his rhetorical talents to articulate what the next economy is likely to be about. It is reasonable to wonder whether he even really has a clear sense of it — […]

Iraq's Oil Ministry under fire from parliament

The controversial policies of IraqArabianOilandGas

China starts construction of oil pipeline to Russia

China started the construction of a crude oil pipeline to Russia, following a loan-for-oil agreement between the two countries last month, the official Xinhua news agency said on Monday. Chinese vice premier Wang Qishan announced the launch at a ceremony on Monday in Mohe in China’s northeast Heilongjiang province, where the transnational pipeline starts, Xinhua […]

Kurt Cobb: The freedom lobby

…Again, the concern is with so-called economic freedom, primarily to grab whatever wealth one is able to grab. This is an appealing doctrine to those who have the skills and social position to do just that. And, there is an important second component to this freedom, property rights. Property rights become very important if you […]

In Ecuador, Resentment of an Oil Company Oozes

SHUSHUFINDI, Ecuador Texaco

Report Weighs Fallout of Canada

In the tense debate between energy security and environmental sustainability, Canada But the development of these sands in the Alberta region has also been sharply criticized by ecological groups, local communities and even Catholic bishops, for their impact on the environment, and their intensive use of both water and natural gas. The growth in oil […]

Uncertainty Clouds Outlook for Oil Sector

NEW YORK As a result of the market

The Race to Harness Hydrates

PERUGIA, ITALY If the temperature is low enough and the pressure high enough, natural gas, leaching from underwater deposits, transforms into gas hydrates, or

US commander: Iraqi navy to run offshore oil platform by year's end

Manama, Bahrain – Iraq’s navy could be fully responsible for the defence of one of two key offshore oil platforms by December, according to the senior US and coalition commander in the Persian Gulf. “We have just turned over the point defense responsibility of the northern Khawr Al Amaya Oil Terminal (KAAOT) to the Iraqi […]

More AC Power from Solar Panels

There’s more to solar power than blue glassy panels shimmering on rooftops. Just as important are the inverters that convert DC power created by the solar panels into grid-ready AC power. Typically, all the panels in a rooftop PV system are connected to one large inverter mounted on the side of a house. Startup Enphase […]

A new way to get inside scoop on oil

Super-tiny robots may be deployed for big strikes of tomorrow Big Oil is thinking small — really, really small — in its quest to squeeze more oil and gas from the ground. A consortium of companies is funding research at Rice University, the University of Texas and other schools around the country to develop tiny […]

Brazil Turns to China to Help Finance Oil Projects

Brazil’s oil industry is turning to China for cash in the latest sign of how Beijing’s clout is growing amid the global economic downturn. Brazilian President Luiz InThe nations are being thrust together by the global financial crisis. Brazil’s state-controlled oil giant, Petroleo Brasileiro SA, wants to spend $174 billion over the next five years […]

China: Empire of Carbon

The scientific consensus on prospects for global warming has become much more pessimistic over the last few years. Indeed, the latest projections from reputable climate scientists border on the apocalyptic. Why? Because the rate at which greenhouse gas emissions are rising is matching or exceeding the worst-case scenarios. And the growth of emissions from China […]

The next big thing in wind: Slow wind, huge turbines

With politicians pushing adoption of renewable energy in the United States and Europe, the last few years have seen a surge in plans for wind farms–both on land and sea. But wind power isn’t viable everywhere–and prime coastal spots are often already developed. So some wind-turbine makers are shifting their focus toward building bigger wind […]

Farmers consider wood-based ethanol after corn hopes stall

About two years ago, area farmers were riding ethanol’s wave. Gasoline prices were reaching record-high levels and global unrest left many seeking an alternative fuel source to lessen the country’s dependence on foreign oil. With gasoline prices down to around $2 a gallon, the appetite for ethanol has slacked for the short-term and has left […]

Biofuel crop getting underway in eastern Kentucky

A biofuel company is hoping a new alternative crop will help wean the nation off its dependency on foreign oil. Midwestern Biofuels unveiled its eastern Kentucky operation earlier last week. Gov. Steve Beshear helped plant the first seedlings of miscanthus at the company’s base in South Shore along the Ohio River. Miscanthus is a perennial […]

Jordan signs accord with Shell for oil shale exploitation

Amman – The Jordanian government on Sunday signed an agreement with Royal Dutch Shell for the exploitation of the country’s huge oil shale reserves. The accord, which could involve an eventual multi-billion-dollar investment, was signed by the Minister of Energy and Mineral Resources Khaldoun Qteishat and Shell’s Vice Chairman Malcolm Brendid. Monsters & Critics

Universities generate electricity in the gym

Growing number of campuses are turning workouts into watts EUGENE, Ore. – As she pedaled an elliptical exercise machine at the University of Oregon, Wen Lee’s face lit up like the light bulbs she was powering. “I could run my television with this,” the environmental studies graduate student said between breaths, making the three bulbs […]

Nigerian army says frees more hostages in oil delta

WARRI, Nigeria (Reuters) – The Nigerian army said on Sunday it had freed four more foreign hostages from the western Niger Delta during an operation to flush out militants which rights groups say has displaced thousands of villagers. The military has used helicopters and gunboats against militant camps in the creeks around the town of […]

UN: Growth of slums boosting natural disaster risk

DUBAI, United Arab Emirates Much of nearly 200-page report restates warnings from previous studies about unchecked urban growth and shortsighted rural planning. But it also seeks to sharpen the apparent link between climate change and the severity and frequency of major natural disasters including severe droughts and epic storms. “Climate change magnifies the interactions between […]

Brain power can meet the energy crisis

Our reservoir of clever people must be channelled into solving problems Back in the 1970s, North Sea oil was seen as the saviour of the British It won’t be nearly as much fun as the years of living in a dreamland, but stripping away the pretence that there is some easy, painless solution to Britain’s […]

Global Warming: Through a Glass Darkly

The Washington DC Sierra Club Symposium on Climate Recovery brought more alarming news about global warming. More carbon is being consumed and increasing amounts of CO2 are being emitted. Temperatures are rising, as is the sea level. Plant and animal species are dying. The pace of deforestation and desertification is increasing. Humans are threatened with […]

Pickens: Stop Worrying About World Crude Supplies

Domestic natural gas supplies will replace our need for foreign oil. Independent studies continue to show that America’s natural gas reserves are sufficient to meet all of our needs for well over 100 years. We should protect America’s interests by making a national commitment to replacing our need for foreign oil by using our enormous […]

FACTBOX-Major energy pipelines in central/south Europe

Here are some key facts on major oil or gas pipelines in central and southeastern Europe: * NABUCCO – A 7.9 billion euro ($10.69 billion) project to transport gas from Turkey to Austria through Bulgaria, Romania, and Hungary. Construction of the 3,300-km (2,050 mile) pipeline is scheduled to start in 2011 and first deliveries are […]

Uruguay reveals candidates for licensing round

Six companies, including national oil firms, expressed interest in acquiring acreage under Uruguay’s first offshore licensing round. The candidates include BHP Billiton Ltd., Galp Energia, SGPS SA, Petroleos de Venezuela SA, Petroleo Brasileiro SA, Pluspetrol SA, and YPF SA. Despite the low number, Administracion Nacional de Combustibles, Alcoholes y Portland (Ancap), Uruguay’s national oil company, […]

Putin: Russia, Turkey to extend natural gas deal

Russia and Turkey have agreed to extend a contract on natural gas supplies, Russian Prime Minister Vladimir Putin said Saturday. The current agreement to supply Turkey annually with about 6 billion cubic meters of gas from Russia is scheduled to end in 2012, Putin said. He spoke at a televised joint news conference with his […]

Fuel prices have undercut hybrid sales

Going green may be all the rage these days. Unfortunately for struggling automakers, hybrid cars are a tough sell. “Anytime gas prices go up, hybrid sales go up,” said Crystal Rowe, sales manager at Jones Honda in Lancaster. Sales of “any economical car goes up.” Indeed, as gas prices have fallen, so have sales of […]

Brazil's Lula begins Saudi visit

Brazilian President Luis Inacio Lula da Silva arrived in Saudi Arabia on Saturday for talks with Saudi King Abdullah and other top officials. The first Brazilian president ever to visit the Middle Eastern oil powerhouse, Lula was to sign a number of bilateral agreements on political, commercial and cultural relations, according to a Brazilian press […]

BP, Husky put oil sands plans on hold

British oil major BP PLC said itCalgaryHerald

OPEC appetite for cuts diminishes

Despite the short-lived rally above $60 last week, there are strong signs that OPEC members have limited appetite for further quota cuts or revisions, come the organisationArabianOilandGas

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