Oil giant Shell’s investors shocked
When Shell admitted to misleading investors, down went the share price. And, as Mr Montagnon explained, “most people will have a stake in this, if they’ve got a pension, because Shell is such a large company”.
Terry Messenger
NZ: Energy Minister praises wind power at conference
Four-fold growth in wind energy generation this financial year is just a starting point, Energy Minister Pete Hodgson said in Palmerston North yesterday.
Sailing Toward a Storm in China: U.S. Maneuvers Could Spark a War
Quietly and with minimal coverage in the U.S. press, the Navy announced that from mid-July through August it would hold exercises dubbed Operation Summer Pulse ’04 in waters off the China coast near Taiwan.
OPEC agrees to make automatic increase in oil output ceiling
OPEC hopes to put a lid on stubbornly high crude prices by adding a half million barrels a day to its targeted output.
Canada to Boost Daily Oil Output 38% by 2015, Producers Say
Canada will boost oil production 38 percent to 3.6 million barrels a day by 2015 amid higher oil- sands output, according to the nation’s oil producers.
Bolivian leader bets his future on gas referendum
Bolivians will decide Sunday how to develop the nation’s huge natural gas reserves in a referendum that is vital for President Carlos Mesa as he battles to stave off a revolt by indigenous Indians.
Oil: Prize or Curse?
At some point, the Hubbert curve for world oil will enter the down slope. Extraction will become more expensive and, eventually, this fossil fuel – essential for transport throughout the globe – will disappear. It behooves the Nigerian government and all oil producers to begin seek other sources of energy and diversify the sources of revenue.
Andrew McKillop on book publishing visit to California as Peak Oil scenario looms
Andrew McKillop is in California to promote his book, ‘THE FINAL ENERGY CRISIS,’ published by Pluto Press and the University of Michigan Press, based on an outline first invited and accepted by the publishers in June 2001.
Big Oil Protects its Interests
The oil industry has lavished more than $440 million over the past six years on politicians, political parties and lobbyists in order to protect its interests in Washington, according to a new report by the Center for Public Integrity.
Ethanol From Cellulose: Prospects And Implications
Abstract: The last study of the energy balance of producing ethanol from cellulose was back in 1979. It showed that the energy inputs required were 3.3 times the energy contained in the ethanol output. Nevertheless the belief has persisted that producing ethanol from cellulose may become viable. This paper attempts to interpret the most recent plans for improving the process. It concludes that the best plans on the drawing board, at the present time, indicate a positive energy balance, with inputs comprising about 63% of the ethanol output.
Australia: Nuclear dump move's Sydney fallout
Abandoning plans for a national radioactive waste dump could prevent a new nuclear reactor from being built at Lucas Heights in Sydney, federal Labor said today.
Australia looks for Pacific solution to nuclear waste problem
Prime Minister John Howard proposed Wednesday sending Australia’s low-level nuclear waste to an offshore island after being forced to abandon plans for a radioactive waste dump on a remote mainland site.
