Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


News from January 2006

Increasing Plant Enzyme Efficiency May Hold Key To Global Warming

Increasing Plant Enzyme Efficiency May Hold Key To Global Warming thumbnail

Global warming just may have met its match. In research recently completed at Emory University School of Medicine, scientists have discovered a mutant enzyme that could enable plants to use and convert carbon dioxide more quickly, effectively removing more greenhouse gasses from the atmosphere. The findings were published online on January 19 and will appear […]


Scottish & Southern Energy invests in energy fund

Scottish & Southern Energy invests in energy fund thumbnail

Scottish & Southern Energy Plc. said it is investing up to 2.4 million pounds in a fund to support renewable energy projects and technologies that are being developed by companies. The fund, Sigma Sustainable Energies Fund, launched by Edinburgh-based venture capital firm Sigma Technology Group, will also have investments from the European Regional Development Fund […]


MEPs demand speedy legislation on renewable energy for heating and cooling

MEPs demand speedy legislation on renewable energy for heating and cooling thumbnail

The Industry Committee called on the European Commission on Thursday to propose legislation by July to at least double by 2020 the share of renewable energies used in Europe for heating and cooling. Benefits would include more secure energy supplies, reduced demand for conventional energy, a cleaner environment and the creation of jobs in new […]


NI ‘must point the way on renewable energy’

NI ‘must point the way on renewable energy’ thumbnail

Northern Ireland must lead the way in developing an alternative energy strategy, Peter Hain insisted today. In a wide-ranging speech at Stormont on the challenges facing the province, the Northern Ireland Secretary confirmed the British government was planning a UTV


Iran to keep supplies up

Iran to keep supplies up thumbnail

Iranian Oil Minister Kazem Vaziri told reporters that it will not halt oil exports despite escalating concerns by the West over its nuclear programme. The lingering dispute has seen oil prices push back to near record levels, on the possibility of disruption of supplies from Opec’s second biggest producer ameinfo


Ethanol Fuel Growing in Importance

Ethanol Fuel Growing in Importance thumbnail

According to the editors of the Green Car Journal, ethanol motor fuel is picking up momentum and could be on its way to becoming a truly successful fuel alternative for millions of vehicles that otherwise run on gasoline. That’s saying a lot considering the challenges that have always faced alternative fuels, including higher cost than […]


OPEC Keeps Crude Output Ceiling Unchanged at 28M b/d

OPEC Keeps Crude Output Ceiling Unchanged at 28M b/d thumbnail

OPEC ministers agreed Tuesday to keep their crude oil output ceiling unchanged at 28 million barrels a day, near maximum capacity, amid sky-high oil prices and geopolitical tension. Saudi Oil Minister Ali Naimi said the decision was unanimous. rigzone


Biocatalytic Desulfurization for Bitumen and Heavy Crude

Biocatalytic Desulfurization for Bitumen and Heavy Crude thumbnail

Energy & Environmental Partners, a privately held technology company led by the former President and COO of Clean Diesel Technologies, has launched a new commercial licensing program for US and Canadian patents covering the use of microorganisms for the desulfurization of high-sulfur crude and bitumen petroleum products (biocatalytic desulfurization). greencarcongress


The Top Ten Hybrid Myths

The Top Ten Hybrid Myths thumbnail

Five years ago hybrid cars were an unknown commodity. Today vehicles powered by a combination of gasoline and electricity are all the rage. Like any new technology, until you get your hands on it — in this case, on the steering wheel — it’s hard to get your mind around it. Most industry analysts predict […]


The State of Energy

The State of Energy thumbnail

President Bush devoted two minutes and 15 seconds of his State of the Union speech to energy independence. It was hardly the bold signal we’ve been waiting for through years of global warming and deadly struggles in the Middle East, where everything takes place in the context of what Mr. Bush rightly called our “addiction” […]


State of the Union: the Advanced Energy Initiative

State of the Union: the Advanced Energy Initiative thumbnail

The President has set a national goal of replacing more than 75% of our oil imports from the Middle East by 2025. With America on the verge of breakthroughs in advanced energy technologies, the best way to break the addiction to foreign oil is through new technology. Since 2001, we have spent nearly $10 billion to develop cleaner, cheaper, and more reliable alternative energy sources. Tonight, the President announced the Advanced Energy Initiative, which provides for a 22% increase in clean-energy research at the Department of Energy (DOE).

WhiteHouse.gov


Bush to Say ‘America Is Addicted to Oil’ in Talk

Bush to Say ‘America Is Addicted to Oil’ in Talk thumbnail

WASHINGTON – President Bush, in a push to take charge of the election-year agenda, is expected to say Tuesday that “America is addicted to oil” and must break its dependence on foreign suppliers in unstable parts of the world. In his State of the Union address, Bush also is expected to renew his commitment to […]


Gas ‘crisis’ looms for industry. (UK)

Gas ‘crisis’ looms for industry. (UK) thumbnail

A survey has revealed that the looming gas ‘crisis’ threatening to engulf British industry will put enormous strain on small to medium-sized manufacturers, according to a leading business pressure group. The Forum of Private Business (FPB) has issued a warning to Government to ‘get a grip’ on the crisis as it released findings of a […]


Private Cash Must Fund New Nuclear Power Stations

Private Cash Must Fund New Nuclear Power Stations thumbnail

Chancellor Gordon Brown has pulled the plug on any Treasury financial support for the building of new nuclear power stations, City bankers and energy executives were told today. At a private meeting with about 50 financiers, top lawyers and the power industry, Energy Minister Malcolm Wicks made it clear that, if the Government gives the […]


Hot summer hurts Barrier Reef coral

Hot summer hurts Barrier Reef coral thumbnail

Australia’s hot summer has had a devastating effect on the Great Barrier Reef. Scientists say they’re stunned by the amount of coral that’s already been bleached. The coral specialists just back from diving around the Keppel Islands are comparing the severity of the damage to the worst case ever recorded. That was in 2002, when […]


Is the Declining Dollar Causing High Oil Prices?

Is the Declining Dollar Causing High Oil Prices? thumbnail

All kinds of theories have been floated over the past few years to explain the rapidly rising price of oil. But few analysts have noted that expensive crude might not be a function of supply and demand, but rather a simple function of inflation. Since the younger Bush took office, the U.S. has been frantically […]


Putin Says Russian State Won

Putin Says Russian State Won thumbnail

Russian authorities have no plans for state monopolization of the oil and natural gas sector and the state does not intend to nationalize any of its major oil companies, Russian President Vladimir Putin said at his annual news conference on Tuesday, Jan. 31. Answering a question from a reporter, who failed to name himself and […]


What is behind Saudi Arabia’s overture to India?

What is behind Saudi Arabia’s overture to India? thumbnail

King Abdullah bin Aziz of Saudi Arabia, the country of the birth of Islam, was the chief guest at the India Republic Day on January 26. After an interval of 51 years, the King paid a four-day visit to India. Before his arrival to New Delhi, the King was in China. The visit to both […]


Oil supply stability vital: Speakers

Oil supply stability vital: Speakers thumbnail

The security and stability of oil supplies from the Middle East are vital to the future of world economy, speakers at a global convention on the region’s economic future said here yesterday. More than 200 delegates, among them ministers and decision-makers from around the world, are taking part in the three-day conference that concludes at […]


Oil giants seen in Nigeria for long haul

Oil giants seen in Nigeria for long haul thumbnail

Oil giants are likely to continue investing billions of dollars in Nigeria, even though a rash of recent militia attacks and kidnappings could mean violence is on the rise. The past two months have seen militias blow up oil pipelines and launch attacks on two oil platforms run by Nigeria’s main crude producer Royal Dutch […]


Russia, China back Iran action

Russia, China back Iran action thumbnail

RUSSIA and China have bowed to pressure from the US and Europe to send Iran to the UN Security Council for possible sanctions over its nuclear program. After months of resistance, the Russian and Chinese foreign ministers abandoned their softly-softly approach towards Tehran’s nuclear ambitions at a late-night private dinner in London at the home […]


OPEC to hold to oil levels

OPEC to hold to oil levels thumbnail

OPEC members have said they have agreed to maintain their current policy and keep pumping oil at 25-year-record levels, rejecting calls from two members, Iran and Venezuela, to pare production. The conference of the Organization of the Petroleum Exporting Countries is to begin on Wednesday at the group’s headquarters in Vienna, but the decision to […]


Do High Prices Mean We’re Running Out of Natural Gas?

Do High Prices Mean We’re Running Out of Natural Gas? thumbnail

The natural gas industry argues that today’s shortages are driven by constraints on production, transportation and storage. Plenty of supply remains, they say, if only they can go after it. But some theorists, drawing on the debate over “peak oil,” believe U.S. demand for natural gas is outstripping our ability to extract it efficiently from […]


Iran Threatens to Halt Spot Checks

Iran Threatens to Halt Spot Checks thumbnail

Iran threatened on Tuesday to halt snap U.N. inspections of its nuclear sites and resume uranium enrichment if it was reported to the U.N. Security Council as agreed by the council’s five permanent members. The big powers said a crisis meeting of the International Atomic Energy Agency (IAEA) board on Thursday should “report to the […]


Ukraine Cold Claims 589 Lives in Two Weeks

Ukraine Cold Claims 589 Lives in Two Weeks thumbnail

Cold weather has killed 589 people in Ukraine since January 16 as temperatures dropped below minus 30 degrees Celsius (minus 22 Fahrenheit), the health ministry said. The latest figures show 220 people died from cold between January 21 and 27.Breitbart.com


Ethanol fears boost sugar

Ethanol fears boost sugar thumbnail

LONDON: Sugar is a star among commodity markets, with prices at 25-year peaks and possibly heading higher as investors see potential to divert more cane to make biofuel. The Dubai international sugar conference last week heard a keynote speaker say a larger share of sugar cane in top grower Brazil will likely be used to […]


IRA fuel smuggling ‘drove oil giants to abandon Ulster’

IRA fuel smuggling ‘drove oil giants to abandon Ulster’ thumbnail

Fuel smuggling by the IRA has contributed to major oil companies pulling out of Northern Ireland, it was claimed yesterday. Esso, BP and Shell no longer directly own filling stations in Ulster, where police believe cross-border fuel smuggling and illegal selling of treated diesel is rife. Less than 48 hours before the body monitoring IRA […]


US savings rate sinks to lowest since Great Depression

US savings rate sinks to lowest since Great Depression thumbnail

Americans spent $42bn ( The savings ratio is seen as a key economic indicator as it shows how vulnerable households are to a sudden shock such as a surge in interest rates or unexpected redundancy. The Independent


Wanna make a bet on biofuels?

Wanna make a bet on biofuels? thumbnail

NEW YORK (FORTUNE) – Trying to invest in ethanol and biofuels today is a bit like Internet investing in the ’90s. Most of the publicly traded companies are pint-sized crapshoots, and it’s not yet clear whether the early-to-the-game blue chips are pursuing the best strategies. So there are going to be many, many more pets.coms […]


Bush will push green fuel

Bush will push green fuel thumbnail

State of the Union will include an ethanol plug. Will it matter? NEW YORK (FORTUNE) – Among those paying very close attention to the president’s State of the Union address tonight will be folks from every sector of the energy industry, eager to hear what the petroleum president has to say about alternative energy. Yes, […]


Next Page »



Oil News Categories


Recent Board Topics


Archive


LATEST NEWS HEADLINES


PO Real Time

Amazing predictions of #renewables show #peakoil in 2024 ... twitter.com/ProfRayWills/s…