New coal plants bury ‘Kyoto’
New greenhouse-gas emissions from China, India, and the US will swamp cuts from the Kyoto treaty.
Mark Clayton
Who Owns the World’s Oil?
What types of property ownership are best for the world? This article explores how petroleum and water are being owned and mis-owned worldwide from a libertarian perspective.
US to Take Bigger Bite of Iraq’s Economic Pie
The United States is helping the interim Iraqi government continue to make major economic changes, including cuts to social subsidies, full access for U.S. companies to the nation’s oil reserves and reconsideration of oil deals that the previous regime signed with France and Russia.
‘Magic’ hybrid fuel-saving buses fall a bit short on wonders
The fleet of hybrid buses that General Motors
promised would save Seattle more than 750,000 gallons of fuel a year
will actually save less than half that amount, according to the
fleet operator, and although G.M. said the hybrid buses would show a
fuel economy improvement of up to 60 percent, the savings around the
country appear to be in the range of 10 percent to 20 percent,
transit managers say.
Urban vs. Rural Sustainability
Cities may survive peak oil better than rural areas. A personal account.
Castro announces crude oil discovery
President Fidel Castro said a crude oil deposit has been discovered off Cuba containing up to 100 million barrels, good news for a country that imports about half the petroleum it needs.
Canada: Natural gas, base metals drive prices to record high
Commodity prices reached a record high during November, and the three-year “bull run” looks as if it will continue at least into the first half of 2005, said Patricia Mohr, vice-president of economics for Bank of Nova Scotia.
State steps in for Yukos oil unit
Russia’s state owned oil firm Rosneft has bought the mystery winner of Yukos’ prize production unit in a move that nationalises 11% of the country’s oil output even as a legal battle rages in America over the sale.
World’s largest methanol plant in Iran
The first phase of a methanol production plant that could become the world’s biggest after completion was inaugurated here Friday by interior ministry and other provincial officials.
Russia: Experts Say ’05 Oil Growth to Slow
Russia’s oil output and export growth is likely to slow by almost 40 percent in 2005 as the ruin of top major Yukos, higher taxes and a pipeline bottleneck put the brakes on a five-year boom.
China invests heavily in Sudan’s oil industry
LEAL, Sudan — On this flat and dusty African plain, China’s largest energy company is pumping crude oil, sending it 1,000 miles upcountry through a Chinese-made pipeline to the Red Sea, where tankers wait to ferry it to China’s industrial cities.
Enbridge May Offer China Oil-Sands Pipeline Stake
Enbridge Inc. may offer an equity stake in a Canadian oil sands pipeline to a Chinese investor, but is concentrating efforts on attracting shippers for the C$2.5 billion ($2 billion) proposal, a spokesman said on Thursday.
