US Gas Hydrates Find Has Worldwide Implications

In a 21-day expedition led by Chevron, DOE’s National Energy Technology Lab (NETL), the US Geological Survey, the Minerals Management Service, in addition to a host of other industry experts, the most prospective gas hydrates reservoirs yet found have been located and drilled. “Gas hydrates for a long time have been the most elusive and […]

The five horsemen of our apocalypse

It seems like people are relaxing a bit after our most recent “crises.” We’ve adjusted to losing a third of our savings. Summer is here. Trillion-dollar Wall Street bailouts are not in the headlines anymore, nor the continuing foreclosures on innocent homeowners. If we have a job, we’re thankful. The media tells us we’re dealing […]

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Total says 1,200 workers walk out at UK refinery

LONDON (Reuters) – France’s Total said on Friday that 1,200 contractors have walked out on unofficial strike over planned redundancies at its British Lindsey refinery. Total said in a statement that 600 workers were protesting outside the refinery, but production was not affected. The dispute centres around plans to reduce the number of contractors who […]

Foreign land hot commodity as nations seek to grow food

Much has been said in recent years about the implications of the world reaching Peak Oil — when demand outstrips supply. However, the growing discussion these days is about Peak Soil. Countries such as Saudi Arabia, China, Kuwait and Egypt, which import a lot of food, have apparently lost confidence in the international trading system […]

As Wind Power Grows, a Push to Tear Down Dams

WASCO, Ore. The amount of wind power on the Bonneville transmission system quadrupled in the last three years and is expected to double again in another two. The turbines are making an electricity system with low carbon emissions even greener

Climate Change Treaty Is Expected by the Year

The world is on track to produce a new global climate treaty by December, the top United Nations climate official said Friday as delegates from more than 100 nations concluded 12 days of talks in Bonn, Germany. The delegates issued a 200-page document that they said would serve as the starting point for treaty negotiations […]

OGFJ: Let me ask you to speculate. Do you see crude and natural gas prices going up enough this year to make a difference in project economics? ADKINS: Well first, let Crude is almost just the opposite. Short term, very difficult to determine. It all hinges on global demand and OPEC

Seeking Growth Market, Chip Maker Eyes Solar Cells

Taiwan Semiconductor Manufacturing, or TSMC, has seen the light and now wants to make some. The world For the company, the move far afield from semiconductors signals a sweeping change and a need to find growth in less-mature markets.

Peak Oil & Mainstream Attention Reveals A New Economic Pattern

Look out everybody. Suddenly, the mainstream media is talking about peak oil, as if they’ve been just as concerned all along. This spells trouble for the world economy as it is a significant change in behavior from the mainstream outlets. It is absolutely true and we’ve been saying it for years – oil production has […]

Spain facing key decision on use of nuclear power

MADRID (AFP) But on Monday the five-member board of the country’s nuclear watchdog unanimously agreed to recommend that the Garona nuclear plant in northern Spain should get a new 10-year operating licence if it upgrades its safety equipment. Nuclear Safety Council chairwoman Carmen Martinez Ten said the decision was taken on technical and security grounds […]

New Funding Boosts Carbon Capture, Solar Energy and High Gas Mileage Cars

WASHINGTON D.C. — U.S. Energy Secretary Steven Chu today announced more than $300 million worth of investments that will boost a range of clean energy technologies

How a trip to the laundry averted nuclear disaster

A chance decision to wash some clothes narrowly averted a nuclear disaster, a safety report has found. While using the laundry room at Sizewell A power station, a contract worker spotted a leak from a cooling tank. By the time he raised the alarm more than 40,000 gallons of radioactive fluid had spilled out from […]

Why unconventional natural gas makes the 2020 Waxman-Markey target so damn easy

In Part 1: Is there a lot more natural gas than previously thought? I asserted it now appears likely that, thanks to unconventional supplies, natural gas alone could meet a great deal of the Waxman-Markey CO2 target for 2020 – without requiring gobs of new power plants to be sited and built or thousands of […]

Michael Pollan, Garden Fresh

…On whether he’s trying to rally a movement in time to avert disaster, or just prepare us for the inevitable mess caused by scarcer oil, degrading ecologies, and global warming: “It’s more the latter. We need to have these alternatives around and available when the s*** hits the fan, basically. “One of the reasons we […]

Oil Heading to $40; Natural Gas Better Bet: Analyst

Oil prices are heading lower …”If you took a pail of water and threw it down a bathtub, once it hit the end it would slosh back, and that’s what prices are doing,” Beutel said. “We were at 147, we went down to 32

China suspends 'illegal' hydropower projects for environmental reasons

China’s environment ministry has suspended construction of two ambitious hydropower dams in the upper Yangtze river region, saying the projects were illegal because they were started without necessary environmental assessments. The announcement, carried widely in state media today, is an unusually aggressive move by the ministry of environmental protection, whose local bureaus answer to local […]

Arctic Sea Ice Extent Trending Below Record 2007 Melt

The annual melting of Arctic sea ice is trending toward another record-low. While it’s still too early to say whether the 2009 melt will exceed the record 2007 melt — the annual low-point isn’t reached until September — the trend line for 2009 for the first time has dipped below 2007, according to the latest […]

Abrupt global warming could shift monsoon patterns, hurt agriculture

At times in the distant past, an abrupt change in climate has been associated with a shift of seasonal monsoons to the south, a new study concludes, causing more rain to fall over the oceans than in the Earth’s tropical regions, and leading to a dramatic drop in global vegetation growth. If similar changes were […]

DOE Revives FutureGen, Reversing Bush-Era Decision

The Obama administration gave conditional support today for a federal-industry partnership that would build an advanced coal-burning power plant in Illinois to trap and store carbon dioxide emissions, reversing a Bush-era decision to abandon the FutureGen project. The Energy Department plans to contribute slightly more than $1 billion to the project. The announcement follows pressure […]

Renewable energy: Report on status and prospects for the US

Renewable energy resources A new report from the National Research Council, Electricity From Renewable Resources: Status, Prospects, and Impediments, evaluates renewable energy technologies along three time-frames: those that could be commercially deployed within the next 10 years, those that could be deployed within 10 to 25 years, and technologies that will likely take more than […]

Rubin's oil message a wake-up call to high tech

I think I’m going to sue Jeff Rubin. Not really, of course I’ve never been a huge subscriber to the concept of peak oil, originally dreamed up by a thoughtful Shell scientist named M. King Hubbert. According to the aptly named “Hubbert’s Curve” theory, which he developed, world oil reserves will soon peak

Greenland ice sheet larger contributor to sea-level rise

The Greenland ice sheet is melting faster than expected according to a new study led by a University of Alaska Fairbanks researcher and published in the journal Hydrological Processes. Study results indicate that the ice sheet may be responsible for nearly 25 percent of global sea rise in the past 13 years. The study also […]

Peak oil = peak demand?

Yesterday a news item appeared on the front page of this website with the headline What could this be about? I looked further, downloading the audio for the meeting (mp3, large file, Burkhard is introduced at 1:14:20). The CERA official began his presentation like this

EU To Agree To Strengthen Emergency Oil Stocks Rules

BRUSSELS -(Dow Jones)- The European Union is expected to agree Friday to strengthen rules on emergency oil stocks and to publish data on commercial stocks every month, in an effort to increase both its readiness for any potential energy crisis and transparency in the commodities market. While the European Commission still has some reservations, all […]

Sino-Russian baby comes of age

What stands out when the SCO’s ninth summit meeting begins in the Urals city of Yekaterinburg in Russia on Monday is that the setting in which the regional organization – comprising China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan – is called on to perform has itself unrecognizably shifted since last August’s gathering of leaders in […]

Oil And Indians Don't Mix

There’s an easy way to find oil. Go to some remote and gorgeous natural sanctuary, say Alaska or the Amazon, find some Indians, then drill down under them. If the indigenous folk complain, well, just shoo-them away. Shoo-ing methods include: bulldozers, bullets, crooked politicians and fake land sales. But be aware. Lately the Natives are […]

Mexico State Oil Co Optimistic On Two Largest Fields

Mexico’s state oil company has a sunnier outlook for its two largest fields, thanks to remediation programs to squeeze as much oil as possible from the crude-laden waters of the Campeche Sound, Petroleos Mexicanos executives said at an oil conference Thursday. At Cantarell, one of the largest oil fields ever found, output has slipped to […]

Ugandan Oil Reserves Hit 2 Bln Barrels – Fin Min

Uganda’s confirmed oil reserves reached 2 billion barrels in June, the end of the 2008-09 fiscal year, up from 300 million barrels in 2006, due to rigorous exploration activities, the country’s finance minister said Thursday. In the coming fiscal year more oil wells are expected to be drilled in the districts of Arua and Nebbi […]

Saudi launches massive Khurais oil field

Saudi Arabia has begun production at its massive Khurais oil field, a milestone venture raising output to its highest levels ever in the country that is home to the world’s largest proven oil reserves. The Khurais field in the eastern part of Saudi Arabia can produce 1.2 million barrels per day, boosting to 12.5 million […]

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