Nanotech: Up and Atom
A Nobel Prize-winning chemist says the impending world energy shortage requires several miracles of science that nanotechnology can help to deliver.
Oil
When it comes to reserves, Gulf not running on empty
Annell Bay, Royal Dutch-Shell’s exploration director for the Americas, won’t speculate about the issue of global oil peak, but expresses his desire to see ‘anywhere currently off-limits’ opened up for exploration.
Despite higher gas prices, Americans remain undeterred
Even though oil prices have risen 30 percent in the last year, the United States’ gusto for gasoline has not been shaken.
Africa: Lifting the curse of black gold
The world’s oil giants may shy away from open book-keeping, but when national governments take the lead they have little choice but to fall into line.
New oil proves elusive, and alarm bells ring
Western oil companies are running out of likely places to look, and significant finds are growing rarer. With the most accessible areas either already picked clean or kept off limits for political reasons, exploration teams are having to push into harsher, more remote and less promising territory, where the costs and risks are high.
Mexico Eyes Deep-Water Oil Reserves
Some say the estimates of the new reserves may be too optimistic. But even if the oil is there, Mexico may have hard time getting at it.
Oil that is – black gold, Texas tea: Three books on the politics, economics, and depletion of oil
A bevy of scholars and policy analysts have seized this important moment of high prices and oil-related war to write about petroleum. Three new titles focus on the evocative political implications of our national chemical dependence.
Oil slides as Saudi offers big discounts
Oil prices eased yesterday as top world exporter Saudi Arabia slashed prices for its crude sales to the United States and Europe, however their excess production is heavier grade oil and not to refiners’ liking.
World Needs More Oil Capacity -Watchdog
An extra 3 million barrels per day (bpd) of production capacity worldwide is needed to avoid another year of blistering oil prices, International Energy Agency (IEA) executive director Claude Mandil warned on Sunday.
Australia: Nuclear energy should ‘be back on agenda’
Rising energy prices could force Australia to re-visit the nuclear power debate, an energy expert believes.
International companies flock to Libya for oil investment bids
The first round of the public announcement of the blocks offered for investment in oil exploration fields across Libya was held yesterday in Tripoli.
Boom time for oil explorers – but will it last?
Shares in some exploration firms — often a boom-or-bust bet for investors — have tripled and quadrupled in value in the past year, outperforming the sector and giant integrated peers such as Shell and Total.
