Big oil importers eager to invest in Iran
The United States may soon decide to ask Japan and China to share security expenses in the Persian Gulf so that it would be able to use more regional energy resources, according to an Iranian oil expert.
The United States may soon decide to ask Japan and China to share security expenses in the Persian Gulf so that it would be able to use more regional energy resources, according to an Iranian oil expert.
There was standing room only at the library conference room, Monday night, as people crowded into the second Willits showing of The End of Suburbia. Most of those remaining after the film discussed working toward a more self-sustaining local economy.
THE tiny West African island group of Sao Tome e Principe has poor roads, rampant malaria and a population of about 150,000. But now City punters are being given the chance to make money out of an oil bonanza that is set to transform one of the world’s poorest countries.
The Royal Dutch/Shell group strongly reaffirmed its long-term commitment to the maturing UK North Sea fields yesterday, saying there was at least 50% more oil and gas to be produced.
The Oil Age, defined by abundant and cheap petroleum that fueled a century of boundless economic growth for the United States and other industrialized nations, is coming to a close more rapidly than most Americans realize.
South Australia should be acting now to avert the economic, social and agricultural catastrophe that will come as oil reserves decline and prices soar.
Shell’s first US hydrogen station is open now, reports John Vidal. But will we all be filling up soon?
The first problem with energy is that we are running short of traditional sources of supply.
Since the 1980s, Los Angeles has quietly built a mass-transit network — subway, commuter rail, light rail, rapid bus — that’s slowly taking strain off roads. Development around that network is taking off. New housing near transit hubs is in sharp demand by commuters like Thacher.
You might think that renewable energy proponents could count on the backing of environmentalists, and in most cases they can. But not when it comes to biomass energy, or energy derived from organic matter, including landfill and forestry wood waste.
A sharp increase in oil prices should encourage oil producing countries, but in Georgia production has noticeably decreased.
“Oil production is now in decline in eighteen countries around the world”, said Chris Skrebowski, Editor of Petroleum Review, at yesterday’s Energy Institute oil depletion debate.