Transneft Fights 27,000-Ton Oil Theft as Violence Surges

(Bloomberg) — OAO Transneft, operator of the world State-run Transneft, building pipes to supply Europe and China, needs to show it can enforce security as Russia attempts to regain control of a region rocked by war and terror. Assaults on police in the republic, where inter-clan tensions have grown since the collapse of the Soviet […]

Nanosolar Gears Up for Sept. 9 Coming-Out Party

Nanosolar, the well-funded and sometimes controversial maker of copper indium gallium selenide (CIGS) solar cell has blanked out its website. Instead of blogs by CEO Martin Roscheisen and several announcements, the website only contains this terse message: “Please check back here on Sept. 9th for our new website with significant new announcements.” We do not […]

Heinberg: Iowa's future shouldn't depend on fossil fuels

More than 70 percent of Iowa’s electricity comes from coal. That’s a much higher proportion than the national average of 50 percent. Not only does this imply a supersized statewide contribution to global, climate-changing, greenhouse-gas emissions, it also means vulnerability to higher coal prices. Higher coal prices? The very idea seems ludicrous today, as depressed […]

Deutsche Bank scraps crude oil notes

Deutsche Bank is scrapping a product that lets investors bet on oil prices, making it the first exchange-traded commodity product to go under as Wall Street braces for a potential regulatory crackdown on energy speculation. “It’s ominous,” said Matt Hougan, director of exchange-traded fund analysis at IndexUniverse.com. “It’s the first shoe to drop, and won’t […]

World Bank Says South Asia Faces Daunting Climate Change

Kathmandu, Nepal (AHN) – South Asia faces daunting climate-related development changes, a top World Bank (WB) climate economist has said. The economist also listed poverty and population increase, urbanization, water shortage and natural disasters as four key factors that could make the region vulnerable to the impact of a changing climate. “Even small climate shocks […]

Arctic Meltdown

Sermilik Fjord, Greenland “Over the last decade we’ve seen dramatic changes in the Greenland ice sheet; in particular there

Satellites and submarines give the skinny on sea ice thickness

Arctic sea ice thickness down 53 percent This summer, a group of scientists and students Analysis of the new record shows that since a peak in 1980, sea ice thickness has declined 53 percent. “It’s an astonishing number,” Kwok said. The study, published online August 6 in Geophysical Research Letters, shows that the current thinning […]

Oil firm says no Iraq payment yet

Norwegian oil company DNO, the first to drill in post-war Iraq, has said it has yet to receive payment for its oil exports from the country. The payments have stalled as DNO’s partner, the Kurdistan Regional Government, and Baghdad argue over how to share the oil revenue. DNO launched export production from the Tawke oil […]

Turkmenistan plans military base in gas and oil hotspot

Debates over the inland Caspian Sea Rich hydrocarbon fields in the Caspian Sea area have been coveted by shoreline nations since the collapse of the USSR in 1991. Russia Kazakhstan, Azerbaijan, Iran and Turkmenistan, have all competed for rights to exploit the area, with Turkmenistan currently engaged in dispute with Azerbaijan over several gas and […]

Sustainable fertilizer: Urine and wood ash produce large harvest

Results of the first study evaluating the use of human urine mixed with wood ash as a fertilizer for food crops has found that the combination can be substituted for costly synthetic fertilizers to produce bumper crops of tomatoes without introducing any risk of disease for consumers. The study appears in the current issue of […]

Sea levels could rise more than a meter by 2100: WWF

GENEVA (Reuters) – The world’s seas could rise by more than a meter (3 feet) by 2100 as the melting Arctic has an impact on weather across the planet, the environmental group WWW said in a report on Wednesday. That projection, roughly twice the sea-level rise cited in U.N. and other research, takes account of […]

Energy: China turns tables on U.S.

China seems to have taken a page from Warren Buffett’s book of investing. Buffett says that only four things really count when making an investment, “a business you understand, favourable long-term economics, able and trustworthy management, and a sensible price tag”. It doesn’t seem like he American government followed this advice in the recent financial […]

Humans causing erosion comparable to world

A new study finds that large-scale farming projects can erode the Earth’s surface at rates comparable to those of the world’s largest rivers and glaciers. Published online in the journal Nature Geoscience, the research offers stark evidence of how humans are reshaping the planet. It also finds that – contrary to previous scholarship – rivers […]

Oil speculators on the run

Government may clamp down on banks, funds and others that don’t actually use crude. But will new rules bring down prices? NEW YORK (CNNMoney.com) — Last year Andrew Hall, the head of Citigroup’s energy trading unit, made over $100 million, making him one of the highest paid people on Wall Street. That same year Alabama […]

Change is seen in Atlantic from climate, fishing

PORTLAND, Maine The report is the broadest study that researchers have undertaken for U.S. waters in the Northwest Atlantic Ocean, Michael Fogarty, who headed the study, said Tuesday. The findings show how interconnected the ecosystem is, he said. “We need to consider these interrelationships and connections. In some cases they aren’t obvious on the surface,” […]

Elsevier Publishes Jiang Zemin's Book on China's Energy Policy

Former President of China’s (Jiang Zemin)”Research on Energy Issues in China” Shares the Views of one of China’s Influential Leaders on Energy Policy in English …China’s rapid economic expansion raises many questions about how it will acquire the energy it needs to sustain growth. In this unique collection of articles, Jiang asserts a pressing need […]

Is Peak Oil a Waste of Energy?

That’s the thesis of Michael Lynch, a former MIT energy expert turned consultant, in a lengthy New York Times op-ed published last week. “Like many Malthusian beliefs,” he writes, “peak oil theory has been promoted by motivated groups of scientists and laymen who base their conclusions on poor analyses of data and misinterpretations of technical […]

North Korea: Squabble Leads to Murder Due to Firewood

The death of an elderly man in his 60s and the arrest of a man in his 40s involved in a fight over firewood has been reported in Hoiryeong, North Hamkyung Province. Kim Chung Wan (67) in Wonsan-ri, Hoiryeong collected canes of corn from a freshly harvested field, and spread them out on his yard […]

Study: 1.6 billion face water, food threat in Asia

KATMANDU, Nepal “South Asia’s vulnerability to climate change has extremely serious implications for agriculture and therefore food security,” Kunio Senga, the ADB’s director general for South Asia, told a news conference in the Nepalese capital, Katmandu. The Manila, Philippines-based bank, which finances poverty reduction programs, reported the findings Wednesday. The full report, produced by the […]

BP in 'giant' new oil discovery

Oil giant BP has said it has made a “giant” new oil discovery in its fields in the Gulf of Mexico. BP is currently the largest producer of oil and gas in that area, with net production equivalent to more than 400,000 barrels of oil a day. The company said it drilled the well, dubbed […]

Outlook "poor" for Great Barrier Reef: study

Australia’s Great Barrier Reef, the world’s largest living organism, is under grave threat from climate warming and coastal development, and its prospects of survival are “poor,” a major new report found on Wednesday. While the World Heritage-protected site, which sprawls for more than 345,000 square km (133,000 sq miles) off Australia’s east coast, is in […]

Norway Oil Body Cuts Barents Sea Oil, Gas Estimate

The Norwegian Petroleum Directorate has cut its estimate of recoverable oil and gas resources in the Barents Sea, citing poorer-than-anticipated reservoirs, as well as long distances to markets and high costs. The recoverable reserves estimate for the northerly sea has been revised down to 910 million cubic meters of oil equivalent, from an earlier estimate […]

Oil stirs conflict on Black Sea

While the European U-nion frets over Russian efforts to impose its energy diktat by building gas and oil pipelines on the bottom of the Black Sea, new conflicts are emerging – not over transit routes, but over rich hydrocarbon resources beneath its ancient waters. An ongoing conflict between Ukraine and Vanco Energy Company is one […]

The mystery of Chernobyl

A bitter dispute is raging over whether the fallout zone is a wasteland or wonderland. Now, a team of scientists is heading back into the contaminated area to find out the truth. Despite the stories about nature thriving in the Chernobyl area, Prof Mousseau is not convinced. The first discovery that he and Prof Moller […]

Coal Plant Buries U.S. Taxpayers

(Bloomberg) — Interior Secretary Ken Salazar sang the praises of a North Dakota coal plant he visited in May. The Great Plains facility is the world Great Plains may be an environmental success and a showcase for technology central to President Barack Obama

Noam Chomsky: Crisis and Hope

…The story is fairly similar in much of the world. In a narrow sense, it may be true enough that the food crisis results from Western lack of concern: a pittance could overcome its worst immediate effects. But more fundamentally it results from dedication to the basic principles of business-run state policy, the Adam Smith […]

North Sea oil exploration suffering as banks refuse to lend

Recession may push North Sea oil and gas production into a much steeper decline than previously forecast due to the difficulties faced by smaller oil companies in getting finance to pay for exploration and oilfield development. Industry leaders warned in Aberdeen yesterday at a media briefing that up to a quarter of the 20 billion […]

5 Amazing New Inventions (That Will Doom Humanity)

Science is like heroin: It A man named Jared Potter has recently developed a pair of flame drills that operate at temperatures of 3200 and 7200 degrees, respectively. That

Lockerbie bomber 'set free for oil'

The British government decided it was The letters were sent two years ago by Jack Straw, the justice secretary, to Kenny MacAskill, his counterpart in Scotland, who has been widely criticised for taking the formal decision to permit Megrahi

Michael Lynch: Response to

(the hydrocarbon age is still young: plan accordingly) The publication of my op-ed on peak oil in the New York Times brought forth the usual tidal wave of criticism. The Oil Drum went so far as to put up a separate page for comments, and Joseph Romm issued a First, I apologize to Fatih Birol […]

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