Burqa-clad assailants armed with Kalashnikov rifles and hand grenades have attempted to attack an oil terminal in southern Pakistan but were thwarted by a security guard who was gunned down as the suspects escaped, officials said. The three attackers, dressed in the all-encompassing garment traditionally worn by Muslim women, tried on Monday to enter the […]
HONG KONG …Tensions in Iraq have also increased over developments at the Adhab field, southeast of Baghdad. China National Petroleum Corporation, a state-owned company, has struck oil at the Ahdab field, in Wasit Province, but local dissatisfaction has led the Chinese company to worry about security even as it has already posted guards at the […]
The international community may finally have the information it needs to effectively prod the intransigent Burmese military regime to change its repressive ways – the specific offshore location of the regime’s illicit multi-billion dollar natural gas revenues has been revealed. According to our 110-page report released last week by the environmental and human rights organisation […]
WASHINGTON The agency looked at past data from nine river basins
(Reuters) – If a climate change bill makes it to the U.S. Senate floor for a vote this year — and there are doubts — its passage will depend partly on conflicting pressures lawmakers face in their home states. Attracting support from moderate Democrats, along with at least a few Republicans, in some of those […]
Sietch Nevada is a futuristic concept city that envisions a dystopian water-hoarding society where drought is a constant state and wars are fought over water. Designed by Matsys Designs, the underground city is situated within a network of tunnels and caverns that offer protection and water storage, creating an oasis in the desert. The dense […]
…However far removed from nature the human race may seem, we are inextricably linked to it. The Earth’s natural systems provide many essential goods and services that ensure our survival and enhance our lifestyles and well-being – such as food, medicines, building materials, climate regulation, flood defence and leisure opportunities. The ecosystems that provide these […]
By the time the late August application deadline had expired, a United States Department of Energy program to distribute $615 million to fund projects demonstrating smart grid technology had attracted 140 proposals requesting a total of $2.3 billion. With companies required to chip in 50 percent of the cost, the $615 million in grants will […]
A quarter-century after a million Ethiopians died in the great hunger of 1984-85, the country is heading into another famine. The spring rains failed entirely and the summer rains were three weeks late. But why is famine is stalking Ethiopia again? The Ethiopian government is authoritarian, but it isn’t incompetent. It gives fertilizer to farmers […]
SAN JOSE, Calif. I.B.M. executives said the company was unlikely to enter the battery business directly but was aiming toward a partnership that would marry its hardware and systems design expertise with ultralight battery technology. Such a strategy would follow the lead of Tesla Motors, a new California company that produced a high-end electric roadster […]
NAALEHU, Hawaii These projects are just a slice of the energy experiment unfolding across Hawaii
Electric vehicles are the clear favored technology for concept cars at the Frankfurt Motor Show this week. But Toyota, the leader in hybrid cars, thinks that the high cost of the lithium ion batteries will keep electric cars from penetrating the mass market for another decade. Over the past three years, Toyota secretly tested lithium […]
A major new World Bank report out today concludes that the world can fight poverty and climate change at the same time. But it won’t be easy, and it won’t be cheap. The biennial global economic assessment, which this year focuses exclusively on the threat of climate change, estimates that nations will need nearly $500 […]
American perestroika really boils down to this: we have to rescale the activities of daily life to a level consistent with the mandates of the future, especially the ones having to do with available energy and capital. We have to dismantle things that have no future and rebuild things that will allow daily life to […]
Oil bulls are putting their faith in an old man and a little boy. They hope the former, septuagenarian Saudi Oil Minister Ali Naimi, is right in saying there has been “a fundamental change” in the oil market. They hope the latter, the weather pattern called El Nino, “the boy,” will go easy on them. […]
The once all-powerful Russian energy sector appears to be on unpredictable and shaky grounds today. The development of the giant Kovykta gas field, once considered as a major project, has been placed on hold; the jewel in the crown Shtokman field is in trouble; Sakhalin-2 is being forced to divert its gas to the strategic […]
(Bloomberg) — The Organization of Petroleum Exporting Countries raised its global oil demand forecasts for this year and 2010 on expectations the world economy will return to growth. OPEC, responsible for about 40 percent of worldwide oil supply, boosted its 2010 outlook by 150,000 barrels a day and 2009 by 140,000 barrels a day. The […]
Since 1980, there has been a steady decline in US production. By 1994, the US was importing more than its total domestic production. Restrictions on supply help to drive up prices and unnecessarily contribute to US reliance on foreign oil. As much as 66 percent of all US crude oil is imported from other countries, […]
The High Desert region north and east of Los Angeles sits 3,000 feet above sea level. A rough, often starkly beautiful region of scrubby trees, wide vistas and brooding brown mountains, the region seems like a perfect setting for an old Western shoot ‘em up. Today, it’s the stage for a different kind of battle, […]
Angola, currently Africa’s top oil producer, is now a priority in Washington. Hillary Clinton’s overnight visit last month — the first for a U.S. secretary of state — sent the message that America is eager to help transform the former Cold War battleground into a stable energy giant with strong democratic institutions and transparent business […]
Norway’s left-leaning government narrowly won re-election after using oil money to shield the Nordic welfare state from the global recession, official results showed Tuesday. Benefiting from a splintered opposition, Prime Minister Jens Stoltenberg’s Labor-led coalition became the first Norwegian government to survive an election in 16 years.With 99.9 percent of votes counted, Stoltenberg’s three-party bloc […]
A new wave of documentaries at this year’s Toronto International Film Festival poses a disturbing question: is environmental and social disaster on a global scale imminent and perhaps inevitable? Doomsday visions captured by three filmmakers at the annual industry event may have seemed a bit implausible only a couple of years ago. But after the […]
Forecasters see no need for new coal and nuclear power plants. China has doubled its installed wind power capacity every year for the past five, and is on pace this year to supplant the United States as the world’s largest market for new installations. But researchers from Harvard University and Beijing’s Tsinghua University suggest that […]
Carbon nanotube photovoltaics can wring twice the charge from light. Today’s solar cells lose much of the energy in light to heat. Now researchers at Cornell University have made a photovoltaic cell out of a single carbon nanotube that can take advantage of more of the energy in light than conventional photovoltaics. The tiny carbon […]
Petrobras’ Executive Board has approved the strategy to hire up to 28 new drilling rigs to be built in Brazil, with increasing national content, and to be used for ultra-deepwater exploration, including the fields located in the pre-salt layer. The rigs are slated to be delivered between 2013 and 2018.The volume of orders will not […]
Today Oil volatility inflicts punishment at large. On a macro level economies suffer, as rising crude costs act like a tax, crimping growth. Higher fuel costs spur inflation, afflicting many inputs, manufacturing and distribution. Consumers wince when they fill up their cars, or heating oil tanks for their homes, and translate that pain into lower […]
On the 8th anniversary week of 9/11, the US remains vulnerable to a devastating cyber attack directed at its critical infrastructure. Despite all the warning signs of this threat, policy makers continue to prepare for the last war, ignoring the major lesson of both 9/11 and Pearl Harbor Critical US energy infrastructure continues to be […]
Peak Oil is widely known to be the point at which oil production reaches its highest point and thereafter declines. Most people expect that this point will be reached in the very near future. Others believe we reached the highest point of oil production in the first half of the present decade and that from […]
As modern society increasingly becomes a single, globalized civilization, the quality of life that post-industrial nations have come to expect is now is becoming achievable around the world. Living on a planet of finite resources, widespread development can only last so long; it For continued progress to become sustainable, the metrics we use to evaluate […]
(Bloomberg) — BP Plc, the largest oil and gas producer in the U.S., said biofuels will supplant more gasoline than diesel in the country over the next 20 years. Biofuels will replace about 25 percent of gasoline and 8 percent of diesel in 2030, Katrina Landis, head of BP Gasoline producers are entering the U.S. […]
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