Asian outlets beckon oil sands producers
The robust economies of Japan, Korea and China could open new doors for Canada’s heavy and synthetic crude, according to the Alberta Energy Research Institute.
Gary Park
Fuel for thought
This article comparing costs of various automotive fuels, off-handedly notes that “global oil production has reached its peak or will peak in the next decade and then production will run downhill.”
Indiana Jones and the China crusade
“The American dollar is a flawed currency and will collapse in value before the end of the decade, taking with it the prosperity of the American nation.” Rogers’ reasoning is straightforward: raw materials are running out.
Indonesia’s oil output may drop by 2008
Indonesia, South-east Asia’s biggest oil producer, will be unable to prevent production declining within four years without increased exploration spending to find new fields, Energy Minister Purnomo Yusgiantoro said.
Pacific Energy to move oilsands crude to U.S in newly acquired pipelines
California-based Pacific Energy Partners L.P. plans to transform its two newly purchased regional pipeline systems in Alberta into a mainline to ship growing quantities of oilsands crude to refineries throughout the western United States.
China says oil reserves twice as big as expected
A report by China Petroleum and Chemical Corporation, China’s second largest oil company, has claimed there are 6.5bn tonnes (47bn barrels) of proven oil reserves in the country. International studies, including BP’s just-published statistical review of world energy, put it closer to 3.2bn tonnes.
Iraq oil exports hit by pipeline leak, emergency laws due shortly
Iraqi oil exports were hit by a rupture to a main pipeline in the south as the caretaker government said it would announce emergency powers to tackle the country’s rampant insurgency “very shortly”.
Pakistan: Power crisis feared by 2007
The country may plunge into energy crisis by the year 2007 due to rising electricity demand which enters into double digit figure following increasing sale of electrical and electronic appliances on lease finance, it is reliably learnt Thursday.
US: Security focus of Democrat platform draft
The Democratic Party pledges an unrelenting struggle against terrorism and a commitment to seeing Iraq succeed, according to a statement of election principles shaped heavily by national security crises.
Time to cut down
We need to face up to the crisis in energy consumption. Michael Meacher finds some solutions in The End of Oil by Paul Roberts
Oil prices raising costs of offshoots
What do carpet, tires and paint have in common? They are just a few of the household items getting more expensive due to the high cost of oil and natural gas.
US: Cost likely to rise for Hanford waste plant construction
A U.S. Army Corps of Engineers report concludes there is a significant risk of construction cost increases for the Hanford nuclear site’s waste treatment plant, the government’s largest construction project.
