Insight and inspiration in turbulent times.
Stella Farrington LONDON –Falling oil output from ageing fields, once insignificant compared with global production, has become large enough to impact world supply and may help explain the constant tightness in the oil market this year, according to analysts.
Scientists in Australia say they have have made a breakthrough in the efficiency of using sunlight to generate hydrogen from water. It may be a step toward an affordable source of clean energy.
Trouble still lurks in the country’s massive oil sector, with industry experts warning that Venezuela needs long-overdue investment in aging oil fields.
Nova Scotia’s struggling offshore energy sector suffered a potential death blow yesterday with the closure of the only remaining well slated to be drilled by a major oil company.
Energy officials from the Caribbean and Venezuela agreed Friday to create a new company that will provide cheaper oil in the region as a way to counter high crude prices.
It will take more than a few extra pounds on our gas bills to make us do something about global warming
Shell, the beleaguered oil giant, has been asked by Nigeria’s Senate to pay $1.5bn (£830m) compensation to communities affected by oil pollution in the country.
The possibility of runaway global warming is not as distant a threat as we may wish. It is a threat which worries some of the greatest minds living among us today.
With the nation’s proven oil reserves continuing to fall, investment and exploration sagging and sabotage from a 40-year old civil war enduring, the Colombian government and its oil company, Ecopetrol, have been desperate to ballyhoo any find, small though it may be.
New statistics are claiming that oil production in 18 producer countries has passed its peak and is declining faster than previously thought: At about 1.14 million barrels a day.
Asian farmers drilling millions of pump-operated wells in an ever-deeper search for water are threatening to suck the continent’s underground reserves dry, a science magazine warned on Wednesday.
What will be the alternative to today’s consumerism and fear of material insecurity? This essay looks toward the next mainstream culture: Life after petroleum-culture collapse. To help explain today’s lack of preparation for fundamental change, we examine historical practices particularly in Europe. This installment focuses on the history of food production vis-à-vis political power and worldview.
