Oil reserves

The proven global oil reserves of 1,258bn barrels, excluding Canadian oil sands, are enough for 42 years at the 2008 production rates, a BP review said. On the same basis, global gas reserves are sufficient for 60 years and coal 122 years, the 2009 BP Statistical Review of World Energy said. Reflecting the extremes of […]

France imports UK electricity as plants shut

France is being forced to import electricity from Britain to cope with a summer heatwave that has helped to put a third of its nuclear power stations out of action. With temperatures across much of France surging above 30C this week, EDF Fourteen of France

Thirty contestants, only one winner in the Iraqi oil licence gameshow

There’s a lot of oil to be pumped and the government is desperate for the cash, so why did the major players walk away? David Strahan reports The auction of Iraqi oil production licences last week was truly historic The prize was far more valuable than an apprenticeship. Iraq not only has the world’s third-biggest […]

Spanish winemakers look to higher ground

Climate change, which could transform the Iberian peninsula into a semi-desert, is forcing winemakers in Spain to consider moving their vines to higher ground to escape the blistering heat. Spain, which has more hectares (acres) of vineyard than any other country in the world, “is in the frontline of climate change,” said Juan Francisco Cacho, […]

Post-Bubble Landscapes

Ruins of the Second Gilded Age I …Are these portraits, perhaps, of the end of the age of unfettered consumption, simply a short pause before human communities resume their 150-years-and-counting fossil-fueled sprint, or a foretaste of Alan Weisman

Earthquakes in Texas get the attention of Louisiana agency

A series of minor earthquakes recorded as recently as last week in Texas have raised the specter of tremors in northwest Louisiana, where a natural gas discovery has launched a gold-rush style drilling boom. A similar rush hit north Texas several years ago, after geologists found vast stores of natural gas in the Barnett Shale, […]

Encircling the peak of world oil production – an evaluation

At the ASPO conference in Houston, October 2007, I gave a presentation on Saudi Oil reserves and a production forecast that was born out of several posts by Stuart Staniford, myself and others which are linked at the end of this article. In my talk (which can be found here on the ASPO server) I […]

Nigerian rebels claim new attack on Shell facility

LAGOS (AFP) The group on Saturday vowed to thwart a 10-billion-dollar trans-Saharan gas pipeline project linking vast reserves in Nigeria to Europe. On Friday, three African countries — Algeria, Niger and Nigeria — signed a deal in Abuja to build the more than 4,000-kilometre (2,485-mile) pipeline conveying gas destined for the European market from the […]

Pakistan: City shuts to protest outages, raise in fuel prices

LAHORE – City witnessed complete shutterdown on Saturday as the traders and shopkeepers closed down their business and took to streets to protest against the worst power outages and increase in fuel and electricity tariff. All the major political parties in the Opposition supported the strike call and urged the masses to took to the […]

Korean Firms Consume Too Much Energy

Korean manufacturers are consuming too much energy compared with the value added they produce, research shows. According to the Korea Institute for Industrial Economics & Trade (KIET), Korean manufacturers take 184 tonnages of oil equivalent (TOE) to produce $1,000 worth value added. Lower TOE means it is producing more value added while consuming less energy.The […]

The food rush: Rising demand in China and west sparks African land grab

A million Chinese farmers have joined the rush to Africa, according to one estimate, underlining concerns that an unchecked “land grab” not seen since the 19th century is under way. Some of the world’s richest countries are buying or leasing land in some of the world’s poorest to satisfy insatiable appetites for food and fuel. […]

Energy-pioneering Austrian town exports its model

After 20 years investing in renewable energy, the small Austrian town of Guessing, a model of energy self-sufficiency, is spreading its pioneering technology far and wide. A town of 4,300 inhabitants near the Hungarian border, Guessing launched into renewable energy in the early 1990s and now produces more than it can consume.The latest project, opened […]

T. Boone Pickens fueling dialogue on clean-energy efforts

Oil import data don’t yet show much direct impact from Pickens’ campaign, and a key new natural gas law hasn’t made it out of legislative committee. He’s persuaded some companies and municipalities to buy natural gas-powered fleets, but the numbers remain tiny. Still, Pickens’ $60 million bought remarkable influence. Because of Pickens, the term “foreign […]

Gov. Palin and certain fallacies about energy independence

Perhaps the biggest problem stemming from fossil oil dependence comes when fossil oil production begins to decline. It’s been observed in oil fields all over the world that production reaches a peak point where the field cannot increase its production of oil, and once past that peak oil production begins a decline. Average this phenomenon […]

UK: 'Green revolution' could create 400,000 jobs, claim ministers

A “green revolution” that should create 400,000 jobs is to be launched by ministers later this month in the most ambitious ever bid to transform the British economy, industry and sources of energy. Detailed plans for expanding renewable energy tenfold and cutting emissions of carbon dioxide and other greenhouse gasses that heat up the planet […]

Preparing for a Sea Change

…But it was Bildt’s description of the strategic consequences of climate change that galvanized my attention when he spoke here to the Council for the United States and Italy. The rapid melting of the Arctic ice sheet at the North Pole will bring “revolutionary new transport possibilities between the Atlantic and the Pacific,” he told […]

Can I Clean Your Clock?

Over the past decade, whenever I went to China and engaged Chinese on their pollution and energy problems, inevitably some young Chinese would say: Whenever you frame it that way, Chinese are quizzical at first, and then they totally get it: Wow, this energy thing isn

6th bomb targets B.C. pipeline: RCMP

VANCOUVER There were no injuries but RCMP say the explosion caused a small leak of sour gas that was quickly stopped when the pipeline’s automatic safety system shut down that section of line. Police were alerted when a resident reported hearing a loud bang early this morning. THE CANADIAN PRESS

What the future of the auto industry will look like

Detroit is in crisis. The Big Three is no more. In the wake of recession, GM’s and Chrysler’s bankruptcies, and Chrysler’s merger with Fiat, the traditional Michigan-based automakers now might better be called the Medium Two and One-Half. Meanwhile, a new generation of auto entrepreneurs is rising, committed to building greener modes of transportation in […]

The Seven Ways To Solve The Energy Problem

All strategies for accommodating the fossil fuel decline require decades to have any significant effect. The now-iconic study “Peaking of World Oil Production: Impacts, Mitigation, & Risk Management” (Hirsch et al., 2005) demonstrated that it would take at least 20 years of intensive, crash-program mitigation efforts to meet the peak oil challenge gracefully. Another study, […]

Nigeria runs out of crude

The Nigerian Government on Wednesday admitted that it had no more crude for its refineries to process for local consumption. The effects of militancy in the Niger Delta in Nigeria and the Federal Government’s clampdown on them have shaken the foundation of the oil and gas industry in that country. Consequently, the Warri and Port […]

Swimming in natural gas

At a recent presentation to money managers in Canada’s oil and gas heartland, the chief executive of a major Calgary-based energy trust used an interesting choice of words to describe natural gas. He referred to the commodity as a “wasted byproduct.” The suggestion that natural gas is worthless may be extreme, but it is an […]

Book review: Taking Jeff Rubin to task

It’s only nine pages in before author and former CIBC economist Jeff Rubin makes the startling admission that economics tells only half the story about resource scarcity and depletion. Fortunately, he immediately promises that the pages to follow will tell “the other half.” Unfortunately, he fails to deliver. So while still a fantastic book, Why […]

We May Be Setting Ourselves Up for a Catastrophic Natural Event

Too much CO2 in the air and not enough oxygen in the oceans may release a toxic dose of hydrogen sulfide — an unheralded executioner. What is hydrogen sulfide? It smells like farts and rotten eggs. You can find it in swamps, sewers, landfills, volcanic and natural gases, and pretty much everywhere there is a […]

Coal plant 'will hit African poor'

Creating a new coal plant in Kent could lead to 100,000 more people in the developing world losing their water supply during dry seasons, it has been claimed. Anti-poverty campaigners at the World Development Movement (WDM) also said the controversial plan could be responsible for up to 60,000 more people suffering from drought in Africa.And […]

Photos: Soaring ambition for solar aircraft

On June 26, a prototype of the world’s latest solar-powered airplane was unveiled at an airfield in Dubendorf, Switzerland, by company co-founders and future pilots Bertrand Piccard and Andr“If an aircraft is able to fly day and night without fuel, propelled solely by solar energy,” says Piccard, “let no one come and claim that is […]

Pressure is on in race for new solar batteries

LG Electronics and LG Display, two affiliates of LG Group, are competing with each other to develop the next generation of thin-film solar batteries. The battery’s greatest strength is its price competitiveness against the more widely used crystalline silicon solar cell. The manufacturing cost for thin-film solar cells is half that for crystalline silicon cells.It […]

Britain Could Be Wind and Wave Titan

Britain could become the largest producer of electricity from offshore wind by the end of the next decade, according to the Carbon Trust, a group funded by the British government. With carefully targeted subsidies and regulations, Britain could build 29 gigawatts of capacity compared to a global total of 66 gigawatts by 2020, giving it […]

Lawrence Roulston: Challenges and Enormous Opportunities in Alternative Energy

The Energy Report caught up with newsletter writer and analyst Lawrence Roulston, who recently launched the GreenTech Opportunities newsletter. In this exclusive interview with The Energy Report, Roulston gives us his thoughts on developments that are happening in the alternative energy field, and ideas for profiting in a changing world. TER: Peak oil/peak natural gas […]

Ethanol interest appears to wane with the economy

Minnesota has been an unofficial testing ground for using ethanol to fuel vehicles, but after years of steady increases, interest appears to be waning. Despite a push from the governor and an increase in the number of so-called flexible-fuel vehicles on the road Minnesota has more E85 gas stations than any other state, and domestic […]

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