Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


News from September 2009

Climate bill politics are heating up

Climate bill politics are heating up thumbnail

Supporters of Obama’s clean-energy plan say the issue is not just jobs. National security is at stake as well. Reporting from Washington – After months of promoting President Obama’s climate plan as a vehicle to create millions of clean-energy jobs, supporters of the legislation are increasingly pushing another strategy — its benefits for national security. […]


Chairman of Gazprom Predicts $100 Oil Because of Speculation. Really?

Chairman of Gazprom Predicts $100 Oil Because of Speculation. Really? thumbnail

This weekend, there was Alexei Miller, Chairman of Russia’s major energy company, Gazprom, predicting that the price of oil would jump to $100 a barrel because of ’speculation’. Now there is a man who should know what he is talking about, or certainly what he shouldn’t be talking about. And he should know when the […]


False fears threaten food supplies

False fears threaten food supplies thumbnail

There’s a lot being written at present about the relative benefits of different forms of agricultural production, but one key fact often gets missed. If farmers’ yields were still as low as those of the 1950s, we would need nearly three times as much cultivated land to feed today’s global population. Many people are unaware […]


Royalty-in-kind Program

Royalty-in-kind Program thumbnail

Companies that develop and produce oil and gas from federal lands and waters are required to report their production volumes and other data to the Department of the Interior GAO was asked to evaluate the extent to which MMS can provide reasonable assurance that it is accurately identifying and collecting RIK gas imbalances in a […]


Climate Change Risks Could Cost Developing Countries Up to 19% of GDP by 2030

Climate Change Risks Could Cost Developing Countries Up to 19% of GDP by 2030 thumbnail

NEW YORK /PRNewswire-USNewswire/ — A report from the Economics of Climate Adaptation Working Group released today indicates that climate risks could cost nations up to 19% of their GDP by 2030, with developing countries most vulnerable. The report concludes, however, that cost effective adaptation measures already exist that can prevent between 40 and 68 percent […]


The first peak oil recession: Interview with Steven Kopits

The first peak oil recession: Interview with Steven Kopits thumbnail

Question: Tell us about your background. Kopits: I Question: When did you learn about the peak oil story? Kopits: I was preparing investor documentation


A new Dark Age?

A new Dark Age? thumbnail

We need to do more to prevent the world descending into a new Dark Age as a result of climate change, argues Professor Tim Flannery. In 2006 James Lovelock published a book that bluntly laid before us the consequences of the carbon imbalance. The Revenge of Gaia argues Gaia’s climate system is far more sensitive […]


Kjell Aleklett: Peak Oil is not a theory

Kjell Aleklett: Peak Oil is not a theory thumbnail

Peak Oil is the reality of past and future oil production. Over the past five years, Mr. Michael Lynch and I have debated future global oil production at meetings in Gothenburg (Sweden), Paris and Shanghai. We have also conducted the debate through an exchange of emails published in the British journal Science and Public Affairs […]


Korea battery stocks: how much energy left?

Korea battery stocks: how much energy left? thumbnail

Strong prospects for electric vehicle batteries have powered a rally in South Korean makers, which are emerging as challengers to established Japanese rivals. Battery and display maker Samsung SDI shares have nearly trebled so far this year and chemical giant LG Chem almost doubled. SK Energy rose 19 percent in the past week on expectations […]


Oil company impacts indigenous tribes, wildlife in Ecuadorian Amazon

Oil company impacts indigenous tribes, wildlife in Ecuadorian Amazon thumbnail

In Ecuador’s Yasuni National Park—comprising 982,000 hectares of what the researchers call “one of the most species diverse forests in the world”—the presence of an oil company has disrupted the lives of the Waorani and the Kichwa peoples, and the rich abundance of wildlife living within the forest. By building a 149 kilometer (92 mile) […]


Diplomacy Efforts Fuel Hope of a Revival in Syrian Oil

Diplomacy Efforts Fuel Hope of a Revival in Syrian Oil thumbnail

DAMASCUS — Oil-industry executives here anticipate a surge of interest by international petroleum companies amid a recent thaw in the country’s diplomatic relations with the West. Syria has never been a huge oil producer, with output peaking in the late 1990s at close to 600,000 barrels a day, then dwindling to below 400,000 today. That […]


Clean Energy Future Has Humble Beginnings

Clean Energy Future Has Humble Beginnings thumbnail

Humble, established technologies including natural gas and energy efficiency are top picks to lead a clean energy race through 2020, policymakers and senior executives told Reuters this week. But a longer fight to avoid dangerous climate change including droughts, floods and rising seas may require multiple breakthroughs in nuclear power, farming, biofuels, as well as […]


Small Hydro To Help Boost Rural Africa Development

Small Hydro To Help Boost Rural Africa Development thumbnail

Mini hydro plants could be the answer to a lack of power in rural Africa, especially as larger power projects are put on hold due to limited cash and abundant red tape, industry officials say. Analysts say the continent could generate as much as 330,000 megawatts (MW) from its hydro reserves, yet only some 7 […]


Renault to unveil new all-electric runabouts

Renault to unveil new all-electric runabouts thumbnail

Thirty countries and cities have signed up to provide recharge points The French car-maker Renault will try to jump the lights on its rivals tomorrow by announcing plans for a commercially viable, non-polluting “car of the future”. Renault and its Japanese subsidiary, Nissan, will reveal details of a range of all-electric cars capable of matching […]


City life is a honey trap for France's beleaguered bees

City life is a honey trap for France's beleaguered bees thumbnail

Insects swarm to haven on Champs-Elys …”We notice that apiaries located in the heart of Paris get better results than those in the countryside,” explained Nicolas G


Russia makes billions available for Venezuelan arms deals

Russia makes billions available for Venezuelan arms deals thumbnail

CARACAS, Venezuela (AP) The arms deal was announced last week during Chavez’s visit to Moscow, and he gave details Sunday. He says his government plans to buy 92 T-72 tanks and Smerch missile launching systems. AP


Did S.C.

Did S.C. thumbnail

A year later, questions surround the effect law had The S.C. law that prevents price rip-offs might have prevented something else during the monthlong statewide gas shortage that started a year ago today. Some gas stations refused refills because of skyrocketing prices, an industry official said.


Jordan Signs Accord With Tractebel as Part of Nuclear Ambitions

Jordan Signs Accord With Tractebel as Part of Nuclear Ambitions thumbnail

(Bloomberg) — Jordan signed a $12 million agreement today with Belgium The Middle Eastern country, much of which is covered by desert, relies on imports for almost all its energy needs. The nation has signed nuclear cooperation agreements with Canada, France, the U.K., South Korea and China in a bid to diversify its sources of […]


Russia and Turkmenistan fail to reach new gas deal

Russia and Turkmenistan fail to reach new gas deal thumbnail

Russian and Turkmen leaders failed yesterday to set a timeframe for the return of Turkmen gas flows to Russia, halted since April after a pipeline blast that left the nation short of revenues. The meeting between Russia’s President Dmitry Medvedev and Turkmen leader Kurbanguly Berdymukhamedov had been expected to generate a breakthrough and mend ties. […]


Schwarzenegger to veto renewable energy bills

Schwarzenegger to veto renewable energy bills thumbnail

SACRAMENTO, Calif. But they also sought to limit the amount of energy from sources such as wind, solar and geothermal that could come from out-of-state. Schwarzenegger and some energy producers said the legislation would set up too many regulatory hurdles. Associated Press


Offshore Wind to Provide One-Fifth of EU Power, Producers Say

Offshore Wind to Provide One-Fifth of EU Power, Producers Say thumbnail

Sept. 14 (Bloomberg) — Offshore wind may provide as much as 17 percent of European Union electricity demand by 2030, surging from almost nothing now as the bloc promotes renewable energy, an industry group said. Total installed capacity of offshore wind may jump to 150 gigawatts in 2030 from the current 1.5 gigawatts, the European […]


U.S. funding brightens outlook for green

U.S. funding brightens outlook for green thumbnail

SAN FRANCISCO (Reuters) – U.S. infusion of federal funds into clean technology projects has prevented the collapse of many green firms, revived enthusiasm and is now generating optimism for the emerging sector in 2010. The impact of the aggressive stimulus from the U.S. government’s Department of Energy (DOE), which has promised nearly $100 billion for […]


Iraq to make biofuels out of rotting dates

Iraq to make biofuels out of rotting dates thumbnail

BAGHDAD (Reuters) – Iraq’s prime minister has approved a project by a United Arab Emirates-based company to make biofuel from dates that would otherwise be wasted because they have started to perish, Iraqi officials said on Sunday. Iraq has the world’s third largest oil reserves but its crumbling farm sector, which has suffered from decades […]


Why France Wants to Introduce A New Tax on Carbon Emissions

Why France Wants to Introduce A New Tax on Carbon Emissions thumbnail

It’s hard to imagine a new tax getting a bigger cheer from a political leader than the one unveiled by Nicolas Sarkozy Sept. 10. The French President’s radical plan to impose a carbon tax on homes and businesses, he said on a factory visit in eastern France, addresses the “question of survival of the human […]


Author is no 'Fossil Fool'

Author is no 'Fossil Fool' thumbnail

At 77 years old, Joe Shuster doesn To get the message out, Shuster will be giving a lecture at 7 p.m., Tuesday, Sept. 22 at Prior Lake High School, 7575 150th St., Savage.


Gazprom Chair Predicts Return to $100 Oil

Gazprom Chair Predicts Return to $100 Oil thumbnail

OAO Gazprom Chairman Alexei Miller forecast Saturday that oil prices will again spike through $100 per barrel due to speculation in oil futures markets. Speaking to a group of Russia experts known as the Valdai Club, Mr. Miller said that Gazprom used goverment forecasts for its own budgets and planning, but that in his view […]


Libya Approves $9.86 Billion Plan to Boost Oil Output

Libya Approves $9.86 Billion Plan to Boost Oil Output thumbnail

Libya approved a 12.1 billion-dinar ($9.86 billion) plan to develop and upgrade 24 oilfields as the holder of Africa’s largest crude reserves seeks to boost output. National Oil Corp. will work with state-owned companies and foreign firms operating in the North African country, “without the entrants of new parties,” to implement the plan, the Libyan […]


Toxic Waters: Clean Water Laws Are Neglected, at a Cost in Human Suffering

Toxic Waters: Clean Water Laws Are Neglected, at a Cost in Human Suffering thumbnail

Jennifer Hall-Massey knows not to drink the tap water in her home near Charleston, W.Va. In fact, her entire family tries to avoid any contact with the water. Her youngest son has scabs on his arms, legs and chest where the bathwater Neighbors apply special lotions after showering because their skin burns. Tests show that […]


Oil and gas industry

Oil and gas industry thumbnail

Oil and gas industry bosses are pressing the UK government to protect the North Sea The industry claims the


Stern: Rich nations will have to forget about growth to stop climate change

Stern: Rich nations will have to forget about growth to stop climate change thumbnail

Economic expansion cannot be achieved forever if greenhouse gases are to be curbed, warns the leading economist and author of the UK’s government’s report on climate change Rich nations will need to reconsider making growth the goal of their societies, according to the leading economist who wrote the government’s report on climate change. Lord Stern […]


« Previous PageNext Page »



Oil News Categories


Recent Board Topics


Archive


LATEST NEWS HEADLINES


PO Real Time

No tweets available