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News from May 2007

Energy Efficiency is Fastest, Cheapest, Easiest Way for G8 to Cut Emissions

Energy Efficiency is Fastest, Cheapest, Easiest Way for G8 to Cut Emissions thumbnail

Despite the enormous potential of energy efficiency to reduce greenhouse gas emissions and protect the planet from dangerous climate change, too many of the existing efficiency policies and measures in the G8 industrialized countries, including the United States, are ineffective according to a new WWF report, Making Energy Efficiency Happen: From Potential To Realization. The […]


Argentina Rations Gas to Companies, Chile Amid Cold

Argentina Rations Gas to Companies, Chile Amid Cold thumbnail

Rolling blackouts and gas shortages in Argentina threaten more than four years of economic growth of over 8.5 percent per year. The ban on gas deliveries to Chile jeopardizes supply for an estimated 1.2 million residential users in eastern Santiago and may lead to increased energy costs for mining companies as power generators switch to […]


Laser fusion – the safe, clean way to produce nuclear energy

Laser fusion – the safe, clean way to produce nuclear energy thumbnail

A multinational project led by British researchers aims to use a high-power laser to reproduce the physical reaction that occurs at the heart of the sun and every other star in the universe – nuclear fusion. If the project succeeds it has the potential to solve the world energy crisis without destroying the environment. The […]


APEC to study impact of state-owned oil firms

APEC to study impact of state-owned oil firms thumbnail

Asia-Pacific Economic Cooperation energy ministers plan to study the impact of state ownership of oil and gas companies on trade and investment, according to a draft communique. The 21-member body, including China, the U.S. and Russia, will set up a working group to assess how to cooperate with state-owned companies, according to the draft statement […]


Rig shortage hinders Indian oil exploration

Rig shortage hinders Indian oil exploration thumbnail

India has put off an auction of oil exploration rights by five months as a rig shortage delays drilling in existing fields and slows a quest to cut dependence on imports. The nation’s seventh annual offer for oil and gas fields has been delayed until August from March, the Indian director general of hydrocarbons, V. […]


Biodiesel Buses in Italy

Biodiesel Buses in Italy thumbnail

The bus between Venice and Padova Italy now runs on biodiesel. The fare is less than two Eeuro dollars. The merchants of venice are extremely worried about climate change. Fuel Ghoul believes that whatever happens in Europe will happen in North America in less than three years. Biodiesel is helping Italy look good in Europe’s […]


Why Iran will fight, not compromise

Why Iran will fight, not compromise thumbnail

What can the West offer the Islamic Republic of Iran in return for giving up its nuclear ambitions and kenneling its puppies of war? The problem calls to mind the question regarding what to give a man who has everything: cancer, AIDS, Alzheimer’s, diabetes, kidney failure, and so forth. Iran’s economy is so damaged that […]


BP marks return to Libya with $900m gas deal

BP marks return to Libya with $900m gas deal thumbnail

BP is returning to Libya with its largest exploration project, more than three decades after it was thrown out of the north African country when Muammar Gadafy nationalised its oil industry. The company has been granted the right to explore for gas in offshore and onshore fields in a $900m ( guardian


G8 must focus on energy, not just economy: Russia

G8 must focus on energy, not just economy: Russia thumbnail

The world should rethink its emphasis on unfettered economic growth and boost efforts to create environmentally-friendly sources of fuel, a draft statement by oil and gas giant Russia ahead of a G8 summit says. yahoo


NASA: Danger Point Closer Than Thought From Warming

NASA: Danger Point Closer Than Thought From Warming thumbnail

Even “moderate additional” greenhouse emissions are likely to push Earth past “critical tipping points” with “dangerous consequences for the planet,” according to research conducted by NASA and the Columbia University Earth Institute. With just 10 more years of “business as usual” emissions from the burning of coal, oil and gas, says the NASA/Columbia paper, “it […]


Nuclear greenwashing

Nuclear greenwashing thumbnail

Patrick Moore’s presentation isn’t as slick as Al Gore’s. The slides he shows lack a certain visual panache and don’t compare to the ones in An Inconvenient Truth. Moore himself seems a little frumpy, particularly as he peers out across the audience recently gathered in the Warnors Theatre in Fresno. But attendees paid $20 to […]


Innovation award for solar firm

Innovation award for solar firm thumbnail

A solar waterproof membrane from Spanish-based Intemper Espanola has been awarded a product innovation prize at the Construmat 2007 Awards. arabianbusiness


BP becomes first foreign trader on China’s fuel oil futures market

BP becomes first foreign trader on China’s fuel oil futures market thumbnail

The Shanghai Futures Exchange (SHFE) announced yesterday that British Petroleum, Europe’s second largest oil company, has become the first foreign trader to enter China’s fuel futures exchange market, a move analysts say will benefit both parties. resourcexinvestor


Is the story of

Is the story of thumbnail

The National oil Company made its own surveys which continued for over two decades and only came to a halt after the imposition of punitive U.N. trade sanctions in 1990. During the same period major oil firms like ExxonMobil, Japex (Japan Petroleum Exploration), Ascom, Petronas and Repsol made extensive surveys through joint agreements signed with […]


Exxon Confronts Nuns, Calpers Over Global Warming Plans, Boskin

Exxon Confronts Nuns, Calpers Over Global Warming Plans, Boskin thumbnail

Exxon Mobil Corp., the world’s largest oil company, faces growing criticism from investors who say it’s lagging behind competitors in addressing global warming. The Sisters of Saint Dominic, a Roman Catholic order in New Jersey, want shareholders at today’s annual meeting to approve a proposal for setting targets on greenhouse-gas reductions. The California Public Employees’ […]


First Global Warming Lawsuit Filed Against Government of Canada

First Global Warming Lawsuit Filed Against Government of Canada thumbnail

The environmental organization Friends of the Earth Canada is suing the Government of Canada for abandoning its international commitments under the Kyoto Protocol. Filed in Federal Court in Ottawa by environmental law organization Sierra Legal, the lawsuit alleges that the federal government is violating Canadian law by failing to meet its binding international commitments to […]


Challenges of Electricity Storage Technologies

Challenges of Electricity Storage Technologies thumbnail

Advanced electricity storage technologies have potential for significant environmental, economic and energy diversity benefits: Reducing the Need for Reserve Power Plants; Cutting the Cost of Power Failures; Enabling Renewable Energy. There are currently six promising energy storage technologies: pumped hydropower, compressed air energy storage, batteries, flywheels, superconducting magnetic energy storage, and electrochemical capacitors. Given the […]


Here we go- Culpable MSM start the re-write

Here we go- Culpable MSM start the re-write thumbnail

So, David Carr – New York Times, has it figured. The main stream media weren’t guilty of pumping the war and cow-towing to Administration Chickenhawks. MSM were prevented from telling the truth. They were just following Pentagon rules. The soldiers were too busy (getting blown up). God forbid anyone should get upset. It would be […]


Brazil to build ‘Biofuel City’ in Nigeria to kickstart bioenergy industry

Brazil to build ‘Biofuel City’ in Nigeria to kickstart bioenergy industry thumbnail

During the “Dia da Africa” (Africa Day, 25 May), which celebrates relationships between Brazil and Africa, a consortium of research organisations, companies and civil society organisations announced it will establish an ‘AgroCity’ (‘Biofuel City’) in Nigeria, to kickstart a biofuel revolution on the continent. (…) The Brazilian ‘Biofuel City’ project consists of the creation of […]


A Shi’ite storm in the making

A Shi’ite storm in the making thumbnail

Tensions over key political issues in Iraq, such as federalism and the distribution of oil, are paving the way for a major Shi’ite-on-Shi’ite conflict. On the one side is Muqtada al-Sadr and his Mahdi Army, on the other Abdul Aziz al-Hakim and the Badr Organization. And in the middle lie Iran and the US. The […]


Cuba and Venezuela Work Together to Open Cuban Oil Refinery

Cuba and Venezuela Work Together to Open Cuban Oil Refinery thumbnail

We are very pleased with the joint effort between Cuba and my country [Venezuela] to finish building the oil refinery [in Cienfuegos]. We believe its opening in December will be a hard blow to the blockade,Periodico26


The Clusterfuck Nation Chronicle

The Clusterfuck Nation Chronicle thumbnail

Wherever the environmentally-informed gather these days (i.e., the clusterfuck-aware), a nervous impatience often mounts, and ends up expressing itself as an outcry for “solutions.” For example, at the Telluride Mountain Film Festival, where I happened to be this past weekend, along with a couple of hundred other people who spewed airplane exhaust across the stratosphere […]


Small Is Looking More And More Beautiful

Small Is Looking More And More Beautiful thumbnail

“Small Is Beautiful” has been a counterculture mantra – indeed, an important thread in American thought – ever since British economist E.F. Schumacher’s 1973 book of that title. Much further back than that if you count Henry David Thoreau. In recent decades, many writers and deep thinkers have taken up the twin causes of living […]


BP moves closer to losing license to Siberian oil field

BP moves closer to losing license to Siberian oil field thumbnail

The Russian government is pressing a bold strategy this spring to secure for Gazprom, the state natural gas company, a monopoly on exports of the fuel to Asia. In the latest onslaught, Moscow is threatening one of the crown jewels of BP’s global investments: the Kovykta gas field. And it is using methods similar to […]


Oil falls as US refineries come back on line

Oil falls as US refineries come back on line thumbnail

Oil fell as the tight gasoline supply balance in the US seemed likely to ease following positive announcements from key refiners. ConocoPhillips, Citgo, and Valero said they had fixed refinery issues that had reduced output last week, while BP’’s Prudhoe Bay oil field in Alaska is back to full capacity following a pipeline leak last […]


Oil industry wary as hurricane season looms

Oil industry wary as hurricane season looms thumbnail

If you think gasoline prices are high now, consider the eye-popping possibilities if another monster storm pummels the Gulf of Mexico this hurricane season, the way Katrina and Rita battered the petroleum-rich waters in 2005. The petroleum industry has spent nearly two years trying to repair the damage from those historic Gulf hurricanes, rebuilding the […]


Gas prices overwhelming oil-rich Iraq

Gas prices overwhelming oil-rich Iraq thumbnail

Abu Mohammed is a slight man without prospects of beefing up. His 8-year-old son is barely tall enough to lean his skinny frame against the rear of their old car. But two or three times a week, they push the rusty vehicle up a hill to buy gasoline they can scarcely afford. Mohammed drives a […]


Firms announce major oil pipeline

Firms announce major oil pipeline thumbnail

Companies from Malaysia, Indonesia and Saudi Arabia have signed contracts to build a major oil pipeline across Malaysia to ease congestion on the world’s busiest shipping route. Half the world’s oil currently passes through the Malacca Strait between the Indian Ocean and the South China Sea. The planned pipeline across Malaysia will be 300 kilometres […]


No need for more oil: Saudi Arabia

No need for more oil: Saudi Arabia thumbnail

The surge in oil prices is being driven by political factors and there is no need for additional crude supplies, Saudi ArabiaSundayTimes


With a measure of caution, Europe joins the biofuel gold rush

With a measure of caution, Europe joins the biofuel gold rush thumbnail

ARDEA, Italy: A year ago, this lush coastal field near Rome was filled with orderly rows of delicate durum wheat, used to make high quality Italian pasta. Today it overflows with rapeseed, a tall, gnarled weedlike plant bursting with coarse yellow flowers that has become a new manna for European farmers: rapeseed can be turned […]


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