Boehner Urges Obama to Push for Block on Gasoline Sales to Iran

(Bloomberg) — House Republican Leader John Boehner called on President Barack Obama to push for an embargo of gasoline sales to Iran and take Obama needs

Bill McKibben: I

The environmentalist is jetting around the world to try to halt climate change What do you call a climate change campaigner sitting on an aeroplane? Sheepish. Especially since this flight to London is one of about 100 I A few years ago I decided it was time to do more. With six college students I […]

Brown demands emergency plan to stop oil wrecking recovery

Gordon Brown has ordered top ministers at the Treasury and Department of Business to draw up plans to cope with rising oil prices and a lending drought for UK companies, amid fears that the nation’s economic recovery risks being derailed. Brown is seeking an international agreement to tackle the rising cost of crude, which rose […]

New forecast: 'Mass starvation'

Commodity analyst says crop failure would shock more than $150 oil A commodities expert has launched a warning that the next major crop failure around the world could be a bigger shock than $150 oil and result in “mass starvation.” The forecast comes from Chicago-based Don Coxe, a leading agricultural industry expert, in a report […]

Norwegian oil refinery aims for change

Norway’s most polluting industrial site, the Mongstad oil refinery, is now looking to lead the way on fighting climate change. Located on the country’s west coast, the refinery spits out around 1.7 million tonnes of carbon dioxide every year — a gas that is widely blamed for global warming. But the Mongstad site will soon […]

Transparent Solar Cells Made For Windows

Offering a view of the garden and an adjacent field, it looks like any other window. But this window offers an additional feature: it also produces electricity. The facades of the house, too, harness solar energy to supply the occupants with electrical power. This is what the domestic power supply of the future could look […]

Climate Change Threatens To Knock Crop Yields

Rapid rises in temperatures worldwide may overwhelm farmers’ efforts to keep up, say experts who want funds to breed new crops and freeze heat-resistant strains bred over past centuries. A Stanford University study to be published on Friday estimates that African growing seasons for the continent’s staple foods — maize, millet and sorghum — will […]

Philippines: Warming could cut rice production by 75 percent

Rice production will decline by as much as 75 percent in the Philippines if it is not quick enough to adapt to and put in place safeguards against climate change.The decline starts in 2020, according to a study made by the Asian Development Bank (ADB) and released this week during a high level regional meeting […]

Incentives add shine to China solar drive

Beijing’s bid to boost the solar energy sector could draw more than $10 billion in private funding for projects and put China on track to become a leading market for solar equipment in the next three years. Shares of U.S.-listed Chinese solar firms such as Suntech Power Holdings, the world’s biggest crystalline solar panel-maker, have […]

Nigeria-Russia Set to Sign Nuclear Deal

Nigeria and Russia are to sign a nuclear energy cooperation accord next Wednesday when President Dmitry Medvedev becomes the first Kremlin leader to visit Nigeria, officials said. A joint venture between Russian oil and gas giant Gasprom and Nigerian National Petroleum Corporation (NNPC) will also be signed during the one day visit, Nigerian presidential spokesman […]

Correa Threatens to Expel Oil Companies Suing Ecuador

Ecuadorian President Rafael Correa said Saturday that he is studying a legal reform allowing the expulsion of foreign oil companies that sue the country before international institutions. “If (those companies) sue us, let them sue us…but they can get out of the country. I’m not going to let these oligarchies sue the country while they […]

The Coming Oil Crisis

Canadian economist Jeff Rubin has a somewhat oracular reputation. Since 2000, he has predicted a massive oil-price spike, and he was among the first in 2007 to prophesy that oil would soar over $100 per barrel (a few months later, he said $150 a barrel and was basically proved right again). Now, even though oil […]

Greens told no alternative to fossil fuels

Saudi oil boss says that despite the world push towards greener energy, there is no choice but to rely on fossil fuels LISTEN to ministers and green campaigners and you would think that we are on a happy path to greener energy, with renewable sources of power freeing us from reliance on fossil fuels. It […]

Russia, Netherlands Discuss

Russia and the Netherlands have Russia expects 20 percent of its natural-gas output to come from the Arctic Yamal Peninsula and the surrounding Kara Sea by 2020, Russia

The importance of Iran

Iran is one of the most energy rich countries in the world and a major player on the energy markets. Oil and natural gas reserves in Iran are among the largest on Earth. When oil prices were climbing to well over $100 a barrel, President Mahmoud Ahmadinejad had full coffers to carry out populist policies, […]

Could we engineer a cooler planet?

After years of deadlock over climate policy, Congress appears poised to enact the first federal limits on greenhouse gas emissions this fall. Yet a growing number of climate scientists and scholars believe that such efforts are likely to be too little, too late to stop warming — and that, consequently, a broader view of our […]

Obama's climate change silence

The top scientific advisers in the Obama administration on Tuesday unveiled a startling new report on what the latest climate science tells us is both already happening and likely to happen in the near future if planet-warming emissions continue unhindered. The report is astounding The report was delivered not-so-coincidentally just one week before the House […]

Colossal Chore

Consider the volumes involved: At perhaps 3.5 million barrels per day, Canada is the world At every stage, considerable volumes of waste need to be treated. Consider the sources of upstream oilfield waste. Seismic surveys, wellsite construction and drilling produce wastes ranging from bush cuttings to rock chips to drilling and fraccing fluids. Production wastes […]

Despite Relatively Low Demand, Oil Prices Spike

…The more people use oil, the more the price goes up. When supplies are limited, the price goes up even more. In the oil market, however, the law of supply and demand is just one of the factors affecting the price. For one thing, it is not just the users of oil who buy it; […]

Tibet drought worst in 30 years: Chinese state media

BEIJING (AFP) Drought conditions have hit five of Tibet’s six prefectures since last year, affecting 15.3 percent of the remote plateau, Xinhua said, quoting the regional drought relief and flood control headquarters. It also said 13,601 head of cattle had died, but did not say over what time frame the deaths occurred. Some weather stations […]

Q&A: Dispute at the Lindsey oil refinery

How did the dispute come to the walkout of hundreds of workers across the UK and could it affect Britain’s energy supplies?Guardian

Are sky-high oil prices ahead?

…Are we destined to experienced another, prolonged period of $100 oil, or even worse? Here are two competing arguments. Veteran oil analyst Matt Simmons says we are. Simmons, founder of Simmons & Co., argues oil’s price plunge from record-highs last year to below $50 took many oil fields out of production. The low oil price […]

Lukoil to Take 45% Stake in Dutch Refinery

Russia’s OAO Lukoil said Friday it will pay $725 million for a stake in a Dutch refinery owned by France’s Total SA, blocking a bid for the holding from Valero Energy Corp. The move is the latest in a series of deals signaling Russian energy companies’ push to strengthen their positions in the European market. […]

Hybrid, hydrogen or electric cars?

A decade ago, buying a hybrid was a lonely business. There were only two to choose from DailyTelegraph

Multinationals eye up lithium reserves beneath Bolivia's salt flats

Metal deposits may be key to green car revolution but government in La Paz yet to agree deal Stand in the middle of Salar de Uyuni, the world’s greatest salt desert, and the first word that springs to mind is But that may be about to change. Dig down and you find brine

Number of active oil rigs rises by 23

The number of rigs actively exploring for oil and natural gas in the United States rose by 23 this week to 899, the second time this year the weekly count has increased. Of the rigs running nationwide, 692 were exploring for natural gas and 196 for oil, Houston-based Baker Hughes Inc. reported Friday. Eleven were […]

Aging Oil Terminal Vital To Iraq's Economy

The most important cog in Iraq’s economy is a rusted hulk in the Persian Gulf, 30 miles off of Iraq’s coast. The bulk of Iraq’s crude oil flows through the aging Al-Basrah Oil Terminal, where oil pumps run around the clock, 365 days a year filling giant oil tankers. American and British forces protect the […]

World's airlines in fight for survival

Faced with thier biggest crisis in history, airlines from throughout the world gathered in Kuala Lumpur to take stock and swap survival strategies. “Numbers can tell powerful stories,” International Air Transport Association director-general Giovanni Bisignani told his audience of 500 airline representatives at their annual summit. Airlines are expected to collectively lose US$9 billion (NZ$14b) […]

China, Myanmar Ink Trans-Border Oil Pipeline Agreement

China National Petroleum Corp. and Myanmar’s Ministry of Energy earlier this week signed a memorandum of understanding to build a crude oil pipeline with designed annual capacity of 22 million tons, or 442,000 barrels a day, CNPC said in its official newspaper Friday. The project includes a 1,100-kilometer pipeline that connects Myanmar to Kunming city, […]

Rosneft Plans To Significantly Up Oil Output In '10-11

Russian oil major Rosneft plans to significantly increase its oil output and geological exploration in 2010-11, the company’s President Sergei Bogdanchikov told reporters Friday, Prime-Tass news agency reports. Bogdanchikov said earlier in the day that the company expected its oil output to increase 2% on the year to 112.3 million metric tons in 2009. The […]

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