PeakOil.com News
How a 22-year-old student uncovered peak oil fraud
When will we reach the peak of global oil production? Its a question of crucial importance as governments around the world prepare for a world of declining oil resources, in which we will be much more reliant on alternative sources of energy.
The body on which the UK and others rely heavily to make that assessment is the International Energy Agency (IEA) based in Paris and set up in the aftermath of the oil crisis between 1973 and 1974.
World crude oil production may peak a decade earlier than some predict
Fuel-injection System That Delivers 64 Miles Per Gallon
The fuel injection system was developed by a startup company Transonic Combustion and their goal is to increase fuel efficiency of existing gasoline engines. The cost for this ultra-efficient system would be as much as high-end fuel injection systems currently on the market today.
By heating and pressurizing gasoline before injecting it into the combustion chamber places it into a supercritical state that allows for very fast and clean combustion. This in turn decreases the amount of fuel needed to run the vehicle. The gasoline is also treated with a catalyst to further enhance combustion.
Oil King Warns Of 'Green Bubble'
Biking Directions Added To Google Maps
Google has added biking directions, bike lanes and bike trail data for 150 U.S. cities to Google Maps, the online search giant announced Wednesday.
The new feature helps bikers determine the best, most efficient bike routes and allows riders to customize their trip, according to a posting on Google's Web site. The feature makes use of bike lanes and dedicated bike trails where they are available and calculates "rider-friendly" routes that avoid big hills.
Jeff Rubin: Looking for oil demand in all the wrong places
Exactly why oil traders and speculators think the data has anything to do with the state of world oil demand is beyond me. I suppose, like Pavlovs dog, theyre only doing what theyre trained to do. But their training comes from a world that no longer exists.
Royal Dutch Shell stops gasoline sales to Iran - trade
The Anglo-Dutch oil firm will join the likes of BP, Reliance Industries, and independent Swiss trader Glencore, among suppliers that have either stopped fuel sales to Iran or have made a decision not to enter into new trading agreements with the world's fifth largest oil exporter.
Natural gas crystals: Energy under the sea
It's actually not ice at all, but crystallized natural gas, and if scientists can figure out how to harvest it cheaply enough, it could become a vast new source of energy available in just about every country in the world.
Is East Africa the Next Frontier for Oil?
A century on, it turns out the Portuguese were right. Seismic tests over the past 50 years have shown countries up the coast of East Africa have natural gas in abundance
Climate Goal Is Supported by China and India
The two countries, among the largest and fastest-growing sources of greenhouse gas emissions in the world, submitted letters to the United Nations agreeing to be included on a list of countries covered by the Copenhagen Accord, a three-page nonbinding statement reached at the end of the contentious and chaotic 10-day conference.
Fossil fuels' reign will continue, Saudi Arabia's oil chief says
As he surveyed a standing-room-only audience at the CERA Week 2010 energy conference in Houston, Saudi Aramco chief Khalid Al-Falih, a Texas A&M University graduate, made no bones about his faith in oil and natural gas.
James Hansen keen on next-generation nuclear power
While renewable energies such as solar and wind were gaining in economic competition with coal-fired plants, Professor Hansen said they wouldn't be able to provide baseload power for years to come.
German Fishing Boat Flies Giant Kite To Save Fuel
The 15,000 tonne 'Maartje Theadora' is the first fishing vessel to use the system, in which a 160 square meter blue and white kite similar to a paraglider pulls the ship on a 300 meter rope, assisting its main engine.
World Bank Gives South Africa Lumps of Coal
Obiageli Ezekwesili, the Bank's Vice President for Africa, defended a controversial $3.75-billion loan to build a massive coal plant in South Africa with this head-in-the-sand statement: "There is no viable alternative to safeguard South Africa's energy security at this particular time."
Europe Needs to Push Gas Infrastructure Spending, Scaroni Says
The natural gas pipeline projects in southern Europe, South Stream and Nabucco, should combine to cut costs, Scaroni said. Eni is an equal partner in South Stream with OAO Gazprom, the world’s largest producer of gas. Nabucco shareholders include Austria’s OMV AG and Germany’s RWE AG.
Breakthrough Producing Hydrogen from Water + Sunlight
Korea faces a long road in resources race
To ensure the factory stays fed, China has embarked on an international shopping spree in recent years, snapping up oil fields and iron ore mines all over the world. All the country’s burgeoning might has been thrown behind securing a steady supply of natural resources.
Untapped U.S. Reserves Could Safeguard Future Tech Innovation
Those reserves include deposits of both "light" and "heavy" rare earths - families of minerals that help make everything from TV displays to magnets in hybrid electric motors. A company called U.S. Rare Earths holds the only known U.S. deposit of heavy rare earths with a concentration worth mining, according to a recent report by the U.S. Geological Survey (USGS).
Sarkozy: Help poor countries go nuclear in energy crisis
His vision won over international energy officials from India to Brussels, and French executives eager to market their expertise abroad, at a Paris conference. But some experts said Mr Sarkozys push was opening the door to risks of deadly technology getting into the wrong hands, and warned consumers to pay attention to the staggering price tag of potential nuclear energy growth up to £2.6 trillion worldwide by 2050.
Green energy revolution expected in Kingdom
A panel of experts at the ongoing Gulf Environment Forum in Jeddah, chaired by Assistant Minister for Petroleum Affairs Prince Abdul Aziz bin Salman, said measures were in place to improve the energy mix and finally reduce Middle East dependence on oil.
