Australia: Oil’s not well: crisis looms
The opening session of the 10th South East Asia Australia Offshore Conference will hear that Australia’s demand for oil is greater than supply and the gap is growing.
The opening session of the 10th South East Asia Australia Offshore Conference will hear that Australia’s demand for oil is greater than supply and the gap is growing.
A 20 year experiment in renewable energy leaves some unclear answers. Has solar power worked here? Has it worked around the country? Can it help us get beyond our dependence on fossil fuels? Yes and no, to all three questions.
Saudi Aramco could turn some valves and increase production rate by two million barrels per day. In doing so, they might cut short the life of their largest resource.
News briefs from ODAC.
OIL supplies are now so tight that just 1.5 million barrels of oil a day – less than 2% of global production – is keeping another potentially devastating surge in energy prices at bay, experts have warned.
Why I quit the Nuclear Waste Technical Review Board.
SCOTTISHPOWER chief executive Ian Russell has warned that the government’s ambitious targets for green energy are at risk unless other forms of renewable energy other than wind power are developed.
The cost of the upgraded Scottish grid, some £625m on current plans, is to be spread across the bills of all 25m electricity customers in the UK on the grounds that, while Scotland has a lot of the best wind, the pursuit of a low carbon economy is in the interests of all who live on these islands.
Ultimately, it’s up to U.S. consumers to wean themselves from their costly addiction to oil, which increasingly is coming from less-than-stable parts of the world. And this will require some tough love.
It’s 2006. Bin Laden conquers Arabia. Crude prices are nudging $100. A far-off fantasy? Don’t you believe it, writes Oliver Morgan
Hundreds of troops will be deployed to defend vital supermarket depots in the event of fresh fuel protests in the autumn.
A bomb blast has ripped through an oil storage depot in the town of Neftekumsk in Russia’s Stavropol region.