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News from November 2007

Fever outbreak linked to climate change

Fever outbreak linked to climate change thumbnail

LONDON – An outbreak in Europe of an obscure disease from Africa is raising concerns that globalization and climate change are combining to pose a health threat to the West. Nearly 300 cases of chikungunya fever, a virus that previously has been common only in Africa and Asia, were reported in Italy “We were quite […]


Pemex: Oil Leak Might Take Months to Fix

Pemex: Oil Leak Might Take Months to Fix thumbnail

CIUDAD DEL CARMEN, Mexico (AP) Pemex previously estimated the spill at nearly 13,000 barrels. A fire was still raging Wednesday at the damaged well, about 20 miles offshore from the port of Dos Bocas in the Gulf coast state of Tabasco, but only faint traces of crude could be seen shimmering on the water. The […]


Australia: Petrol prices in record surge

Australia: Petrol prices in record surge thumbnail

BRISBANE is poised to break its record for the highest price of unleaded petrol A number of Shell service stations throughout the city yesterday set unleaded and diesel at 137.9


Intransigence in the face of energy crisis warnings

Intransigence in the face of energy crisis warnings thumbnail

Scientists, economists and oil industry-insiders have criticised governments and oil companies for denying the facts and figures that portend a potential world energy crisis. Scientists at the London-based Oil Depletion Analysis Centre, say that global production of oil is set to peak in the next four years, what is called Head of the Depletion Centre, […]


Analyst sees oil prices between $75, $85 a barrel

Analyst sees oil prices between $75, $85 a barrel thumbnail

Crude-oil prices aren’t fundamentally sustainable at $90 a barrel, said Thomas Petrie, vice chairman of Merrill Lynch & Co. Petrie, in an interview Wednesday, responded to comments made earlier by Saudi Arabian Oil Minister Ali al-Naimi, who said there is “no relationship” between today’s price and fundamental supply and demand. “Is there enough oil produced […]


Oil Surges After Enbridge Pipeline Explosion Cuts U.S. Supplies

Oil Surges After Enbridge Pipeline Explosion Cuts U.S. Supplies thumbnail

Nov. 29 (Bloomberg) — Oil surged more than $4 a barrel, the most in a month, after an explosion cut Canadian oil shipments through Enbridge Inc. pipelines that typically provide about 15 percent of U.S. crude imports. Enbridge closed four pipelines that supply an average of 1.5 million barrels a day after a blast yesterday […]


Questioning peak oil economic assumptions

Questioning peak oil economic assumptions thumbnail

There is a large and expanding economic literature that seeks to explain why the steep oil price rise since 2003 has not led to a recession. The common conclusion, arrived at by different models and analysis methods, is that the U.S. economy is now mostly immune to oil prices hikes and has been so since […]


The Peak Oil Crisis: Revolt Of The Teapots

The Peak Oil Crisis: Revolt Of The Teapots thumbnail

In China, small privately or locally owned oil refineries are called “teapots.” Unlike the giant ones that refine hundreds of thousands of barrels each day, these little fellows typically process about 10,000, but taken together, they produce some 10-15 percent of China’s refined products. Reduce the teapots’ production and you have a problem. In the […]


Vietnam to stop subsidizing oil price in 2008

Vietnam to stop subsidizing oil price in 2008 thumbnail

Vietnam will stop subsidizing the prices of oil and petroleum products and some other industrial items such as coal and cement starting from next year, local newspaper Pioneer reported Thursday. Vietnam has annually compensated some 10 trillion Vietnamese dong (625 million U.S. dollars) for prices oil and petroleum products in recent years, the paper quoted […]


Experts: Biodiesel May Not Be So Green

Experts: Biodiesel May Not Be So Green thumbnail

Biodiesel made from vegetable oil seems to have good green credentials. Several musicians fill their tour buses with it, and environmental entrepreneurs brew it themselves from recycled kitchen grease. However, expectations that this renewable fuel will deliver significant reductions in greenhouse gases may be too high.“The general belief is that biodiesel offers a huge benefit […]


Russia: Putin assigned to stimulate the production of biofuel

Russia: Putin assigned to stimulate the production of biofuel thumbnail

President of Russia Vladimir Putin charged the Minister of Agriculture Alexey Gordeev to work out the question of stimulation of biofuel production in Russia. “It is necessary to provide conditions for business on establishing facilities for the production of bioethanol”,- said Putin.“The alternative energetics is developing actively and so that the prices go up”, – […]


Petrobras’ New Biofuel Ambitions

Petrobras’ New Biofuel Ambitions thumbnail

Brazil’s state-owned energy company Petrobras is jumping into the biofuels game, aiming to become a major biofuel producer and transporter. It looks like a smart move, since government regulations will guarantee biodiesel demand in the coming years, and the country’s numerous ethanol producers don’t have the pipeline capacity to move their product. The strategy will […]


Google aims to make renewables cheaper than coal

Google aims to make renewables cheaper than coal thumbnail

Google has unveiled an ambitious plan to fund renewable energies and find breakthrough technologies that will make them cheaper to use than coal, one of the principal contributors to global warming (through its use for energy generation).As David Adam, our environment correspondent, notes: Google will focus initially on solar thermal power, wind power, geothermal systems […]


Mismanagement threatens Asian water crises: ADB study

Mismanagement threatens Asian water crises: ADB study thumbnail

The mismanagement of resources, not scarcity, will lead to water crises in developing Asian nations, said a study commissioned by the Asian Development Bank and released on Thursday.One issue was the use of water in Asia’s energy sector, the study said, since electricity generation typically needs it.Asian electricity consumption is rising between five percent and […]


Currencies and oil, Countdown to lift-off

Currencies and oil, Countdown to lift-off thumbnail

Gulf countries are rethinking their currency pact with the dollar HARDLY a week goes by without a new reason to be gloomy about the dollar. The latest scare is that members of the oil-rich Gulf Co-operation Council (GCC) might loosen their links to the greenback, depriving the foreign-exchange markets of a reliable buyer of the […]


Spain chooses wind power for energy efficiency

Spain chooses wind power for energy efficiency thumbnail

Spain’s air may be cleaner but its landscape and coastline will change dramatically over the next 13 years if a draft of the socialist government’s drastic new energy plan is adopted. Many beauty spots and costa views will be blighted under a plan whereby Spain will displace natural gas with wind turbines as the main […]


OPEC ready to quench Asia’s thirst for oil, says Al Hameli

OPEC ready to quench Asia’s thirst for oil, says Al Hameli thumbnail

Abu Dhabi (WAM) – Energy Minister Mohammed bin Dhaen Al Hameli on Nov. 28 reiterated readiness of the members of Organisation of Petroleum Exporting Countries (OPEC) to increase their oil production output to meet the rising demand in Asia. Al Hameli, who is the current President of the organisation, said that OPEC members from the […]


Logging damage revealed by secret filming

Logging damage revealed by secret filming thumbnail

Secret filming by villagers has revealed the damage being caused to the Indonesian rainforests by uncontrolled logging and palm oil plantations. The ancient way of life of natives in Papua is being threatened by the wholesale destruction of their forests. The Indonesian province is inaccessible to outsiders and closed to journalists so it was left […]


Nafty Business: ”Super Corridor” will pave over the heart of America

Nafty Business: ”Super Corridor” will pave over the heart of America thumbnail

While the cat has been away in Iraq, the mice have been at play here in the United States. More like rats than mice, actually, they’ve set up one of the worst traps in American history. And we are all about to drive right into it. The latest rat trap goes by the vaguely pornographic […]


Ecuador’s Correa:To Push OPEC To Switch To Stronger Currency

Ecuador’s Correa:To Push OPEC To Switch To Stronger Currency thumbnail

QUITO (Dow Jones)–Ecuador will continue defending a proposal that the Organization of Petroleum Exporting Countries should uses a stronger currency than the U.S. dollar for its transactions, President Rafael Correa said Wednesday. “This is an Ecuadorian thesis. Venezuela, Iran and other countries had supported it and we will defend our proposal,” Correa said at a […]


Mr. Harper’s Cold Comfort for Canadians

Mr. Harper’s Cold Comfort for Canadians thumbnail

…Is Canada readying itself for climate change and the equally pressing and closely related energy problem of peak oil? The very words “peak oil” and “climate change” have had such an unemotional But slowly or not, Canadians are starting to learn that peak oil and gas mean that we have used up the first half […]


Sakhalin-1 Expects Planned Oil Output Cut in 2008

Sakhalin-1 Expects Planned Oil Output Cut in 2008 thumbnail

Participants in the Sakhalin-1 project offshore eastern Russia expect a planned reduction in oil production in 2008, Igor Afanasyev, director of the company’s field development department, said during a presentation, according to Interfax news agency. “This is a planned reduction; it is envisioned in the technical projections,” he said. Sakhalin-1 shareholders plan to meet in […]


St. Clair County plans January drought preparedness conference

St. Clair County plans January drought preparedness conference thumbnail

With drought conditions plaguing the Southeast, state and local officials are taking a closer look at emergency drought preparedness.


NOAA: Drought hinders CO2 uptake

NOAA: Drought hinders CO2 uptake thumbnail

Study finds 2002 dry weather left extra carbon in atmosphere A new study by the National Oceanic and Atmospheric Administration in Boulder shows that millions of extra tons of carbon dioxide were left in the Earth’s atmosphere as a result of the 2002 drought across North America. The findings, the first from NOAA’s atmospheric monitoring […]


Prosecutors: port directors criminally negligent in shipwrecks, Russian oil spil

Prosecutors: port directors criminally negligent in shipwrecks, Russian oil spil thumbnail

ROSTOV-ON-DON, Russia: Russian transport prosecutors accused the directors of two Black Sea region ports of criminal negligence in connection with a series of shipwrecks earlier this month that resulted in a massive oil spill, an official said Wednesday. Officials could file formal charges by year’s end against the directors of the ports of Kavkaz and […]


UK: Offshore safety on ‘knife-edge’

UK: Offshore safety on ‘knife-edge’ thumbnail

Safety is on a “knife-edge” in some parts of the North Sea oil industry, MPs have been warned. The message from the Health and Safety Executive (HSE) came after two platform fires north east of the Shetland. HSE chief Geoffrey Podger said prosecutions would be considered as part of the investigations, which would be a […]


Venezuelan sales of oil byproducts to the US down 22 percent

Venezuelan sales of oil byproducts to the US down 22 percent thumbnail

Venezuela’s supply of hydrocarbons to the United States fell in September amid reduced shipments of oil byproducts, said the Energy Information Administration, the statistical arm of the US Department of Energy. Just like in the rest of this year, Venezuelan sales of oil byproducts to the United States decreased in September, from 192,000 bpd to […]


Massive Canadian oilfield could be exploited using new UK system

Massive Canadian oilfield could be exploited using new UK system thumbnail

A new method developed in Britain over the past 17 years for extracting oil is now at the forefront of plans to exploit a massive heavy oilfield in Canada. Although heavy oil extraction has steadily increased over the last ten years, the processes used are very energy intensive, especially of natural gas and water. But […]


World Wheat Supply Threatened!

World Wheat Supply Threatened! thumbnail

A new wheat stem rust strain is on a worldwide march, threatening a global food problem and wheat shortage on a scale unknown since the 1950s. At that time, a strain of stem rust reached epidemic proportions and destroyed 40 percent of the spring wheat crop in North America. The fungal disease At the same […]


Saudi holds 200 militants, says foils oil attack

Saudi holds 200 militants, says foils oil attack thumbnail

RIYADH (Reuters) – Saudi Arabia said on Wednesday it had arrested 208 people for involvement in several cells that planned an “imminent attack” on an oil installation, and attacks on clerics and security forces. State television said one of the cells was planning to smuggle in missiles. Al Qaeda sympathizers have mounted a campaign against […]


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