India taps into Chinese energy sources
India finally announced the long awaited announcement that she will tap into Chinese energy sources. The news was significant because India and China agreed to collaborate and support each other on Energy.
India finally announced the long awaited announcement that she will tap into Chinese energy sources. The news was significant because India and China agreed to collaborate and support each other on Energy.
National grid boss Ralph Craven is predicting blackouts if the $500 million upgrading of transmission lines into Auckland is thwarted.
One of the biggest stories of 2004 was Peak Oil—the hardening consensus among analysts that global reserves of recoverable oil are half gone … which makes the current pipeline-terrorism fad more than a little ironic.
China is the last industrialized nation of the cheap energy age. Its factory production is keyed to the continuation of regular supplies of cheap oil. It has little oil of its own.
Competition for water resources could provoke wars in Africa and the Middle East, Boutros Boutros Ghali has said.
Royal Dutch/Shell Group unveiled another, bigger-than-expected, cut in oil reserves on Thursday but tempered the news by announcing record profits.
Russia is moving towards building new geopolitical muscle based on its huge oil and gas riches: this week Moscow conceded that its policy, notably in the Middle East, has been strongly connected with energy considerations.
Venezuelan state-run oil company considers buying Shell’s Argentinian assets, while off-loading refining operations in the US. Meanwhile President Chávez is building alliances with China and Iran.
A recent Business Week article obscures hydrogen’s primary disadvantage: hydrogen is an energy intensive alternative to motor fuels derived from oil, argues Ronald Cooke, author of Oil, Jihad and Destiny.
For those of us that think that the UK government isn’t aware of the issue of peak oil, I would ask to think again and read the newspapers more closely. The markers for the future are here in the news now and it doesn’t take too much of an imagination to understand them.
China and India are locked in an increasingly aggressive wrangle with the United States over the world’s most critical economic commodity: oil.
Explorer New Zealand Oil and Gas and Origin Energy, Contact Energy’s parent, may be sitting on a gas prospect three-quarters the size of Maui, potentially worth billions of dollars.