UK: No power cuts danger – Miliband

There is “no danger” of mass power cuts in the UK the next decade, Energy Secretary Ed Miliband has said. He told the BBC it was possible to meet the country’s energy needs while using more “sustainable” sources such as wind farms and nuclear stations.He added: “The question is do we meet out own energy […]

The ambiguous blessing of new oil

The good news is that British Petroleum just found a massive new oil field in the Gulf of Mexico. That’s also the bad news. That BP had to go to such extreme lengths to find new oil shows how difficult it is to replace fields being sucked dry. Outside analysts say that it will be […]

Oil policy debates drive Norway election

Norway is heading into the final weekend of its parliamentary election campaign with the outcome too close to call, as right-leaning opposition parties try to oust Scandinavia’s only remaining left-of-centre government. Issues at stake include how much of Norway’s oil riches should be pumped into the economy and whether the pristine Arctic coastline should be […]

Saudis lose out to Russia in oil cuts

Saudi Arabia sacrificed billions of dollars in revenues this year by cutting oil output to prop up the price of crude, only to see Russia snatch a bigger chunk of the market, analysts say. Now the Gulf kingdom, previously a vigilant enforcer of the cuts by the OPEC cartel that checked the sharp fall in […]

Foreign ships in North underline sovereignty issues for Canada

A historic voyage this week by two German cargo ships across the Northern Sea Route above Russia highlights the challenges “The Russians have enough icebreaking capacity to escort convoys of commercial vessels through the Arctic. And with those kinds of time and fuel-savings on offer, they could make a lot of money doing so,” Byers […]

Oil Supply: As Russian Production Tops Out, World Supply Will Continue to Slip

Where would the world be without the extraordinary growth in Russian oil supply, this decade? Not in a good place, actually. Russia Based on data through June of this year, we have currently fallen a bit further, to 10.226 Mb/day. But by cobbling together myriad recent reports from EIA Weeklies, JODI, IEA Paris, and PEMEX […]

China threatens to default on oil derivatives trades

About one year after the Lehman bankruptcy, we are getting rumors of more impending bankruptcies, this time from China. The problem started last year when the price of oil dropped from $147 to $32 per barrel. Many companies use the futures markets to hedge their buying of oil. When prices skyrocket, they get scared and […]

Planned Venezuela-Russia oilfield capacity raised

CARACAS (Reuters) – The Junin 6 oilfield in Venezuela’s Orinoco belt will produce about 400,000 barrels per day — twice the previous estimates — from 2012 in a joint venture with Russia, state oil company PDVSA said on Saturday. The project, which Russia says will cost $30 billion, includes an upgrader to turn the Orinoco […]

Nuke power emerging as attractive option, but concerns persist

TOKYO, Sep. 11, 2009 (Kyodo News International) — With incoming Prime Minister Yukio Hatoyama having set a more ambitious emissions reduction target for the government to be led by the Democratic Party of Japan than that pledged by outgoing rival Taro Aso, nuclear power is emerging as one of the most effective possible solutions. In […]

Turning to Windmills, but Resistance Lingers

BOURNE, Mass. Mrs. Howland

Shell and Chinese coal giant to develop clean coal technology

Oil group also signs pact for China production of coal gasification equipment Royal Dutch Shell has partnered with a unit of China The companies will also consider the possible application of carbon capture and storage to their technology, said Shell China. Business Green

Birth control could head off climate crunch

LONDON (Reuters) – Birth control and new technologies — not lifestyle change alone — may be needed to head off a combined climate, food and energy crunch later this century, said the head of Britain’s science academy Martin Rees. The world’s population is expected to rise by one third to more than 9 billion people […]

Europe fears winter energy crisis as Russia tightens grip on oil supplies

Russia overtakes Saudi Arabia as top exporter The news is likely to heighten unease in EU capitals over the Kremlin’s tightening grip on energy reserves. There are fears of a repeat of January’s debilitating gas war between Russia and Ukraine

Oil giants zero in on untapped Greenland

The high price of crude and rising demand make exploration of the coastline viable The Nordic Explorer set off last week for the seas off Cape Farewell on the southern tip of Greenland. For the next few weeks the 269ft research ship will zigzag across the water to collect data on the rock formations thousands […]

The Oily Road to 9/11

As troops and planes headed toward Afghanistan in October 2001, few people questioned the reasons for military engagement. But the causes of war are rarely simple and, as time has passed, other powerful motives have come into focus. As it turns out, the US war plan was in the works months before the 9/11 attacks. […]

India: Dying of thirst

Pollution and an exploding population are drying the subcontinent as never before. Experts warn the problem may only have just begun BATHINDA, India The 34-year-old owns a boring machine and rents it to farmers, who use it to dig for water. Raj’s cellphone begins trilling at around 7 a.m. and doesn’t stop until late in […]

Climate change urgent, group tells senators

YORK, Maine Members of the group will be guests of the York Energy Efficiency Committee at a forum at York Public Library on Sept. 17. Repower Maine is a chapter of Repower America, launched in 2008 by the Alliance for Climate Protection, an organization founded by former Vice President Al Gore. According to the state […]

New York City Braces for Risk of Higher Seas

NEW YORK — When major ice sheets thaw, they release enough fresh water to disrupt ocean currents world-wide and make the planet wobble with the uneven weight of so much meltwater on the move. Studying these effects more closely, scientists are discovering local variations in rising sea levels — and some signs pointing to higher […]

California Lawmakers Adopt Landmark Renewable Energy Plan

SAN FRANCISCO -(Dow Jones)- California lawmakers approved one of the world’s most aggressive renewable-energy mandates early Saturday in legislation that would require the state’s utilities to use renewable sources like the sun and wind to generate a third of the power they sell by 2020. The proposal is a centerpiece of the state’s 2006 plan […]

Find Local Rideshares Quickly Via Mobile Phone

In spite of rising energy prices, many car drivers in large cities still ride alone. The OpenRide mobile ridesharing service aims to save them money while reducing the amount of traffic and thus the burden on the environment. At the IFA international consumer electronics exhibition in Berlin (September 4 to 9), Fraunhofer researchers presented a […]

German Geothermal Project Leads to Second Thoughts After the Earth Rumbles

LANDAU IN DER PFALZ, Germany But in recent months, two similar projects have stirred concerns about their safety and their propensity to cause earthquakes. In the United States, the Energy Department is scrutinizing a project in Northern California run by AltaRock Energy to determine if it is safe. (The project was shut down by the […]

Pemex Sees

(Bloomberg) — Petroleos Mexicanos, the state- owned oil company, needs to find a profitable way to develop its Chicontepec field, Chief Executive Officer Juan Jose Suarez Coppel said. There are The government is

Gazprom sees Ukraine gas 'risk' next year: Miller

Ukraine is ensuring smooth transit of Russian gas supplies to Europe but there is a risk of disruption next year due to uncertainty on payments, the head of Russian gas giant Gazprom said Saturday. Gazprom chief executive Alexei Miller, speaking in a meeting with foreign research and media specialists on Russia, hailed the “remarkable” current […]

Shell

(Bloomberg) — Royal Dutch Shell Plc, Europe Voser said renewable energy sources such as wind power and biofuels will provide about 30 percent of the world

Summit may reshape Caspian bloc

A summit of Caspian states this weekend could foreshadow the emergence of a new regional economic grouping, according to Central Asia commentators. On September 11-13, the presidents of Russia, Kazakhstan, Turkmenistan and Azerbaijan will meet in the Kazakh city of Aktau, on the shores of the Caspian Sea. The fifth country with a Caspian coastline, […]

Oil majors accused of propping up Myanmar regime

Energy giants Total and Chevron are propping up Myanmar’s junta with a gas project that has allowed the regime to stash nearly $5 billion US in Singaporean banks, a rights group said Thursday. France’s Total and U.S.-based Chevron have also tried to whitewash alleged rights abuses by Myanmar troops guarding the pipeline, including forced labour […]

Navy to fly jets fueled by algae, oilseed crop

The U.S. Navy plans to fly fighter jets and run ship engines powered by “biofuels” made from algae and oilseeds—part of a fledgling effort to reduce the military’s dependence on imported fossil fuels. For the last several years, the military has conducted test flights using synthetic jet fuels derived from coal and natural gas. Now […]

Spain's Repsol Says It Makes Venezuela's Biggest Gas Discovery

Repsol YPF SA, Spain’s biggest oil company, discovered a Venezuelan gas field containing as much as 8 trillion cubic feet of fuel, one of the world’s largest finds. The field’s potential gas resources would be enough to supply Spain for more than five years, the company said yesterday in an e-mailed statement. Venezuelan President Hugo […]

Drilling for Oil & Gas in the Arctic

“We must not let us ourselves be swayed by low oil prices,” says Fatih Birol, chief economist of the International Energy Agency in Paris. “Raw materials extraction problems are not out of this world — to the contrary. Our figures leaves no doubt about that.” For anyone dealing with these issues, a visit to two […]

Human-made Crises 'Outrunning Our Ability To Deal With Them'

The world faces a compounding series of crises driven by human activity, which existing governments and institutions are increasingly powerless to cope with, a group of eminent environmental scientists and economists has warned. Writing in the journal Science, the researchers say that nations alone are unable to resolve the sorts of planet-wide challenges now arising.Pointing […]

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