Insight and inspiration in turbulent times.
Record oil prices are likely to reduce the chances that companies such as Exxon Mobil Corp. or BP Plc will be asked to develop new crude output capacity in Saudi Arabia as the kingdom doesn’t need their capital, Aramco oil company officials and analysts said.
Thousands of tonnes of radioactive scrap metal from nuclear plants could be melted down and recycled into cutlery, saucepans and baby buggies under a scheme being promoted by the nuclear industry and its regulators.
THE Government will fail to hit its target of generating 10% of the country’s energy from renewable sources by 2010, senior industry figures have told Financial Mail on Sunday.
It will be no exaggeration to say that even many privy to the preparations for a Beijing meeting between the leaders of Russia and China, Vladimir Putin and Hu Jintao, were surprised at the number of agreements reached as a result of the laborious and long homework done by various departments.
Iraq has issued an open invitation to the world’s largest oil companies to exploit its vast reserves.
Someone asked Bush what he’s going to do about energy policy with worldwide oil reserves predicted to peak. Bush said: “I’m going to push nuclear energy, drilling in Alaska and clean coal. Some nuclear-fusion technologies are interesting.” He mentions energy from “processing corn.”
If someone sitting in air-conditioned comfort in one part of the world believes that what happens in Iraq or Nigeria, Venezuela or Colombia doesn’t affect him or her, Sonia Shah’s Crude: The Story of Oil takes that little daydream and shakes it up.
Recession is something rarely announced by politicians – it does not sound too good. And elections are often based on economic well-being, so to tell the nation that a recession is here, or coming, does not bode well for those in office.
With uncertainties increasing about supplies of natural gas and oil, nuclear energy is making a powerful global comeback, prompting concerns about atomic terrorism in the post-Sept. 11 era.
Feeling pain at the gas pump? Be thankful you don’t live in Cuba, where the typical worker must labor for an entire week just to earn enough for a gallon of the precious stuff.
China is planning to invest $12 billion in Russia by 2020, the official China Daily newspaper said Saturday.
While peak oil enjoyed a break out in 04, and even though most Americans know in their heart of hearts that Iraq was about oil, Americans, this election, have yet to really make the connection.
