ERBIL, Iraq They may have a stake in what is shaping up to be one of the greatest oil bonanzas of modern times, but the prospect of earning a profit, let alone recovering their costs, remains highly uncertain. More potential headaches loom as public demands for scrutiny of local oil contracts for suspected improprieties have […]
ExxonMobil has suspended work near a liquefied natural gas (LNG) site in Papua New Guinea after four local villagers were killed in a tribal dispute. The clash between two rival coastal villages near the capital Port Moresby occurred in an area where ExxonMobil is to build a plant to liquefy, store and load gas for […]
ABUJA (Reuters) – Royal Dutch Shell said on Sunday it had shut down three pumping stations in Nigeria’s Niger Delta after a key crude oil pipeline was sabotaged. Although there has been no claim of responsibility, the attack occurred a day after Nigeria’s main militant group MEND called off a three-month-old ceasefire and threatened to […]
Governments around the world have reaffirmed their plans to cut greenhouse gas emissions in support of last month’s Copenhagen climate summit. Nations signing up to the summit accord were urged to outline pledges by Sunday. States producing at least two-thirds of emissions have done so. Correspondents say the accord is widely seen as a disappointment. […]
PORTLAND, Ore.
(Bloomberg) — Suzlon Energy Ltd., India
The International Monetary Fund is planning a 100 billion dollar fund to help countries mitigate the effects of climate change, the agency’s head said. “The new growth model will be low carbon,” Dominique Strauss-Kahn, managing director of the IMF, told political and business leaders meeting at the World Economic Forum in the Swiss ski resort […]
In October 2009 the government of Italy announced that a wreck discovered off the southwestern tip of the country is the Catania, a passenger vessel sunk during World War I Processing and safely storing waste from the chemical, pharmaceutical and other industries can cost hundreds, even thousands, of dollars per ton
Despite a decade of efforts worldwide to curb its release into the atmosphere, NOAA and university scientists have measured increased emissions of a greenhouse gas that is thousands of times more efficient at trapping heat than carbon dioxide and persists in the atmosphere for nearly 300 years. The substance HFC-23, or trifluoromethane, is a byproduct […]
Global warming may impair the ability of ecosystems to perform vital services — such as providing food, clean water and carbon sequestration — says the nation’s largest organization of ecological scientists. In a statement released Jan. 26, the Ecological Society of America (ESA) outlines strategies that focus on restoring and maintaining natural ecosystem functions to […]
The hype—and the usage of that inevitable phrase, “the new oil”—has already begun. The laptops and handheld electronic goods that run off lithium-ion batteries use only minute measures of the metal, yet demand has risen so sharply that the price of lithium carbonate jumped from $2,000 per tonne in 2004 to $5,500 in 2008. But […]
(Bloomberg) — Barge traffic on the Ohio River halted at the Greenup Locks along the border between Kentucky and Ohio after a 240-ton gate was damaged, stopping shipments of coal to about 30 power plants and forcing at least one refinery to slow oil-product deliveries and curtail production. The main lock is expected to be […]
A team of scientists from NOAA These results are based on projections of a substantial warming of the tropical Atlantic hurricane regions over the 21st century due to an increase in greenhouse gases. The projections used on a standard future emission scenario from the Intergovernmental Panel on Climate Change (IPCC). In these experiments, the models […]
On Thursday the Davos World Energy Outlook Panel took place. It’s well worth a look, you can find the video or podcast here. The participants were: Chair: Daniel Yergin – Cambridge Energy Research Associates Panelists: Thierry Desmarest – Chairman Total (TOT) Khalid Al-Falih – CEO Saudi Aramco Tony Hayward – CEO BP Group (BP) Peter […]
SANAA (Reuters) – Yemen rejected a ceasefire offer from Shi’ite rebels on Sunday and said fighting was continuing, as neighbouring Saudi Arabia accused the insurgents of mounting sniper attacks inside its territory. The conflict with the northern rebels, who complain of social, religious and economic discrimination in the southern Arabian state, has rumbled on since […]
Last week I wrote about the SAGD process and how it is used to extract the heavy oil/bitumen from the oil sands up in Alberta. What I will write about this week is the more general topic of In Situ (“in place”) Combustion. I This is one in a series of weekly tech talk posts […]
It sounds like the initial public offering of electric-car maker Tesla is already being greeted with skepticism, but some of the fine print about its plans may give potential investors even greater cause for concern. A reading of the fine print by Wired’s Autopia blog uncovers some disturbing product planning news. To wit, the company […]
(MENAFN – Arab News) Global energy outlook too has been under the hammer at Davos – and despite the freezing cold temperatures outside the huge auditorium – the debate was enough to keep adrenaline flowing. A battle was on – with the crusaders arguing that peak oil was just round the corner. And there were […]
ALMATY: Kazakh protesters scuffled with police yesterday at a rally against their government’s burgeoning ties with neighboring China. Many in Kazakhstan, a vast but thinly populated nation, are suspicious of China’s growing influence in resource-rich Central Asia and accuse the government of selling out oil riches to their giant, energy-hungry neighbor. President Nursultan Nazarbayev said […]
Ulsan, South Korea // This city is ground zero for the country On the river
…As we noted above, the US dollar is already Bancor, in the fiat money sense that its creation and circulation has no need at all to relate to fundamentals. Not for nothing, ‘Time’ magazine in 1999 named Keynes as one of the 20th century’s most influential persons, writing: “His radical idea that governments should spend […]
At Quail Springs, days are spent perfecting greywater systems, creating food forests and building bio-swales to keep the limited rainwater from eroding the topsoil. But what’s really capturing attention are the buildings constructed with natural products like straw bale, adobe and bamboo. But don’t expect to see this eco-village-in-the-making take final form in your lifetime […]
Here My impression is that the tide is shifting, powerfully, and yesterday
Although the issue of peak oil has gained attention over the last several years (due mainly to oil prices skyrocketing to $147 per barrel in 2008), it’s simply amazing that most opponents have no idea what “peak oil” means. Even more stunning to my readers and I is that no matter how many times we […]
DUBAI, UNITED ARAB EMIRATES — The Obama administration is quietly working with Saudi Arabia and other Persian Gulf allies to speed up arms sales and rapidly upgrade defenses for oil terminals and other key infrastructure in a bid to thwart future military attacks by Iran, according to former and current U.S. and Middle Eastern government […]
TIANJIN, China These efforts to dominate the global manufacture of renewable energy technologies raise the prospect that the West may someday trade its dependence on oil from the Mideast for a reliance on solar panels, wind turbines and other gear manufactured in China.
Standing over a tabletop computer screen depicting a dark and stormy sky, I become the Climate God, tasked with reducing greenhouse gas emissions, and saving humanity from dangerous climate changes. At my will I wield my climate-crushing powers by choosing a Choosing the Wind Energy card, I place it in the stormy sky, and a […]
The remarkable geography of Haiti and Cuba and the discovery of world-class oil reserves in the waters off Cuba lend credence to anecdotal accounts of major oil discoveries in several parts of Haitian territory. It also could explain why two Bush Presidents and now special UN Haiti Envoy Bill Clinton have made Haiti such a […]
A historic discovery was made on January 28, 1820. A Russian navy expedition under the command of Faddei Bellingshausen and Mikhail Lazarev sighted the last of the remaining unexplored continents – Antarctica. Today, Antarctica is interesting because it is legally “no one’s,” property, i.e. no one country owns its territory and it is not divided […]
PORT-AU-PRINCE, Haiti For Maxi and countless others here in Haiti
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