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As we start a new year, consider the miserable plight of the average Pakistani electricity consumer. With about 50 per cent less electricity generation capability than the actual demand, Pakistan’s National Grid
Iran is to hold fresh military exercises in and around the strategic Strait of Hormuz within weeks, the naval commander of its powerful Revolutionary Guards was quoted as saying on Friday.
The pieces and policies for potential conflict in the Persian Gulf are seemingly drawing inexorably together. Since 24 December the Iranian Navy has been holding its ten-day Velayat 90 naval exercises, covering an area in the Arabian Sea stretching f
Afghanistan on Wednesday signed an oil deal with China which could earn the war-torn country $7 billion over 25 years.
Economic South Asian superpower India has firmly embraced solar power, advancing the target date by five years for selling solar-generated electricity at the same rate as electricity generated by fossil fuel plants, from 2022 to 2017.
While Iraq and Kuwait are now at peace, many of the border issues that led to conflict two decades ago remain, which no amount of diplomatic bonhomie can completely paper over.
Says other institutions better placed to carry on effort
Kazakhstan produces 33 percent of world’s mined uranium, followed by Canada at 18 percent and Australia, with 11 percent of global output. Kazakhstan contains the world's second-largest uranium reserves, estimated at 1.5 million tons.
New technology could tip the balance back in favor of some solar-panel manufacturers outside China.
Researchers at Stanford make an electrode that can be recharged 40,000 times without losing much capacity.
A solar power station in space measuring several kilometres in length may sound like something from a science fiction film, but the reality is that this idea could well be operational within less than 20 years.
Halfway between Los Angeles and San Francisco, on a former cattle ranch and gypsum mine, NRG Energy is building an engineering marvel: a compound of nearly a million solar panels that will produce enough electricity to power about 100,000 homes.
Stripped of its cautious language, the IEA report essentially noted that should present trends continue, the world’s governments through a lack of progressive initiative embracing alternative energy sources would continue to rely on ‘tried and true”
Editor Note: I wonder if this has anything to do with Lindsey Williams latest warning on war in the Middle East this fall/winter...
OPEC talks broke down in acrimony on Wednesday after Saudi Arabia failed to convince the cartel to lift production, sparking a rebound in global oil prices.
Capitalism always seeks to exploit the worker and is always expansive. Wars are always those of exploitation.
Huge oil and financial deals play major part in Beijing's support for Libya's despot and halt to foreign intervention.
The former Saudi oil minister Sheikh Zaki Yamani told Reuters on Tuesday that "Oil prices could leap to $200 to $300 a barrel if Saudi Arabia is hit by serious political unrest."
The United States on Monday gave a green light to sales of Libyan crude oil from rebel-held territory, giving a potential boost to forces battling Muammar Gaddafi.
It’s about oil – and who owns it.
The rebels in Libya are in the middle of a life or death civil war and Moammar Gadhafi is still in power and yet somehow the Libyan rebels have had enough time to establish a new Central Bank of Libya and form a new national oil company.
Per Reuters, Russian Prime Minister Vladimir Putin on Monday likened the U.N. Security Council resolution supporting military action in Libya to medieval calls for crusades. Well, when your gasoline is $9/gallon a crusade surely sounds like...
As unrest in the Middle East shows little sign of cooling, the price of a barrel of oil continues to climb, raising transportation and heating costs in turn.
Reuters reports that formerly peaceful Kuwait has just joined the ranks of demonstrators, demanding the resignation of the prime minister in a peaceful protest early in the day, with a larger one expected later in the day:
Crude oil prices rose to 2-1/2 year highs on Monday on heightened worries about supply disruption due to deepening unrest in Libya, while Asian stocks slipped as concerns about the Middle East and higher energy prices weighed on equities.
Time Magazine's intelligence columnist reported on Tuesday that Libyan leader Muammar Gaddafi has ordered his security forces to sabotage the country's oil facilities, citing a source close to the government.
Our advice to Italy, which imports 425,000 barrels of oil each day from Tripoli: "Panic." Following yesterday's Force Majeure announcement from Libya which meant that oil production and exports will continue only for a few more days...
Libyan violence weighs on stocks as oil prices spike; New Zealand quake shakes currency
CONNECTING THE DOTS
“Oil is a finite resource!” said Brent. “Eventually the oil remaining on the planet will be exhausted and no longer able to be used by humanity.
The Competitive Renewable Energy Zone (CREZ), a name not without irony, was initiated by a 10 million dollar grant from the Department of Energy (DOE). In December of 2009, plans were expanded when Secretary Chu joined Jon Wellinghoff of the Federal
