Insight and inspiration in turbulent times.
Renewable Energies are much more than an additional option to the old energy system. They are the alternative, the general solution, able to cover all energy needs. To promote them must become the primary strategy everywhere.
The prime ministers of Ukraine and Georgia said Monday that the flow of oil in a key Ukrainian pipeline would be reversed, a decision certain to complicate the two former Soviet republics’ already tense relations with Russia.
What was the biggest oil story in 2004? I posed this question to all the Simmons & Company oil experts this year. Oil prices in 2004 were on almost everyone’s list. Even “Peak Oil” got votes – a topic that received more media attention, during 2004, by a substantial margin than ever before.
Latin America is becoming a rich destination for China in its global quest for energy, with the Chinese quickly signing accords with Venezuela, investing in largely untapped markets like Peru and exploring possibilities in Bolivia and Colombia, and especially Venezuela.
As crude-oil futures climbed above $51 a barrel this week, analysts threw up their hands and wondered why.
For years, central banks around the world have held most of their foreign currency reserves in U.S. dollars. Now, there are signs that central banks are shifting away from dollar assets and into other currencies, such as euros.
China’s breakneck economic growth is causing a dangerous shortage of its most important energy source coal, with potential consequences for the entire world, state media warned.
The energy-to-GDP ratio is a convenient catch-all for measuring energy usage. But as is the case with many aggregate measures of economic performance, the cost of simplicity is high.
THE coming of steam sent the world’s great sailing fleets into decline. The internal combustion engine finally finished them off. So it would be a strange twist of fate if the age of sail was resurrected by what amounts to a child’s toy: a kite.
What’s good for OPEC is no longer good for one of its smallest members and its only representative from Asia. While most oil ministers, from Saudi Arabia to Venezuela to Libya, say high prices are here to stay, one oil minister may be trying to talk prices down.
Canadian filmmaker Greg Greene has oil depletion on his mind and has made it his mission to spread the news of something that he and others think may be the biggest and most under-reported story around.
Wind farms are an expensive and inefficient way of generating sustainable energy, according to a study from Germany, the world’s leading producer of wind energy.
