The Change Mariner: Category: Industry

June 12, 2004

An Oil Enigma: Production Falls Even as Reserves Rise

The New York Times: ChevronTexaco is not the only big oil company whose production is falling despite rising reserves, though it has the largest gap. As consumers, economists and governments around the world wonder if oil supplies can keep pace...

Posted by Timothy Fredel at 11:20 PM | See the full story | TrackBack

May 14, 2004

Terror Fears Push Oil Prices to New High

Yahoo! News: Oil prices soared to a record Thursday on the New York Mercantile Exchange, crossing $41 a barrel and settling at the highest point in the 21-year-history of crude futures trading in New York. June light, sweet crude oil...

Posted by Bob King at 4:55 PM | See the full story | TrackBack

Shaking The Timbers Of The House Of Saud

Business Week Online: It is dawning on everyone who does business with the kingdom that the Saudi government is locked in a long, vicious struggle with Islamic militants that threatens to send wave after wave of jitters through the oil...

Posted by Bob King at 4:47 PM | See the full story | TrackBack

May 10, 2004

Broadband Over Powerlines?

DigitalJournal.com: The Federal Communications Commission is looking into complaints from amateur radio operators about the use of electrical power lines for providing broadband internet service, a concept known as BPL, for Broadband over Power Lines. Many power companies and some...

Posted by Bob King at 2:03 AM | See the full story | TrackBack

April 8, 2004

Oman's Oil Yield Long in Decline

The New York Times : The Royal Dutch/Shell Group's oil production in Oman has been declining for years, belying the company's optimistic reports and raising doubts about a vital question in the Middle East: whether new technology can extend the...

Posted by Jennifer King at 3:05 PM | See the full story | TrackBack

China Braces for Power Shortages

New York Times: China's galloping economic growth will continue to be dogged by widespread electricity shortages this year, a Chinese energy official has said. The deputy chairman of the State Electricity Regulatory Commission, Song Mi, told a meeting of electricity...

Posted by Bob King at 9:55 AM | See the full story | TrackBack

February 28, 2004

Amory Lovins: Demand For Oil To Tumble

New York Times: Today's oil industry reminds Amory B. Lovins of the whaling industry of the 19th century. "When oil was discovered, the whalers ran out of markets before they ran out of whales," Mr. Lovins said. These days, opportunities...

Posted by Timothy Fredel at 1:12 PM | See the full story | TrackBack

February 23, 2004

Saudi Arabia Struggling To Meet Oil Demand

New York Times: When visitors tour the headquarters of Saudi Arabia's oil empire -- a sleek glass building rising from the desert in Dhahran near the Persian Gulf -- they are reminded of its mission in a film projected on...

Posted by Timothy Fredel at 10:05 PM | See the full story | TrackBack

February 13, 2004

Ethanol Breakthrough and The Hydrogen Economy

CentreDaily.com: In a breakthrough outlined in the Feb. 13 issue of Science, they've discovered an efficient way to capture hydrogen from ethanol, produced in great quantities in Minnesota and other Corn Belt states. Not only does it promise to boost...

Posted by Bob King at 3:44 PM | See the full story | TrackBack

January 21, 2004

China Now Second In Oil Consumption

Financial Times: China's fast-growing economy has overtaken Japan to become the world's second largest consumer of crude oil after the US, according to the International Energy Agency (IEA) and the Chinese government. Latest IEA estimates say China consumed 5.46m barrels...

Posted by Bob King at 9:10 AM | See the full story | TrackBack

January 3, 2004

Japan and China Battle for Russia's Oil and Gas

New York Times: Both economies are hungry for raw materials, especially energy - Japan because it has almost none of its own, China because its economic boom has fast outstripped what once were adequate domestic supplies. Both want to limit...

Posted by Bob King at 9:51 AM | See the full story | TrackBack

December 4, 2003

China's Power Supply Not Developing at Same Speed as Its Economy

BBC: The state Xinhua news agency said the shortfall was caused by insufficient coal supplies and a seasonal drought, which limits the production of hydro-electricity. Shopping centres and department stores will have to turn off their heating for two hours...

Posted by Norm M. Wada at 11:43 PM | See the full story | TrackBack

China Power plants hunger for coal - but need more efficient markets

xinhuanet: Seven major electricity producers in China have recently appealed for state intervention to solve their acute coal shortages, which has gravely hampered normal electricity production. In the petition, filed to relevant departments of the central government, the seven enterprises...

Posted by Norm M. Wada at 11:39 PM | See the full story | TrackBack

December 3, 2003

Australia Promoting Its Natural Gas in U.S.

New York Times: Geoff Gallop, the state premier of Western Australia, is visiting the United States to help ChevronTexaco sell Australia's natural gas. Between meetings with oil executives in California and energy officials in Washington, he visited Baja California, Mexico,...

Posted by Bob King at 9:32 AM | See the full story | TrackBack

November 27, 2003

New Pipeline to Bring Canadian Oil to Texas

HoustonBusiness Journal: A century after oil gushed out of the ground in Texas at Spindletop, a Houston company is planning to build a pipeline to bring oil to Texas from Canada. Enbridge Energy Partners LLP last month announced plans to...

Posted by Norm M. Wada at 1:17 PM | See the full story | TrackBack

November 16, 2003

As fishing falls off, rural Alaska wants oil

CSMonitor: But now, eight years after a federal move to buy back oil leases in the vast Bay, residents and state officials are doing what would have seemed unthinkable not long ago: inviting oil firms back. The reversal reflects the...

Posted by Norm M. Wada at 8:05 PM | See the full story | TrackBack

November 14, 2003

Germany phases out first of 19 nuclear power plants

Star Tribune.com: Germany disconnected the first of its 19 nuclear power stations Friday, beginning an unprecedented phase-out that underscores differences between some European nations and the United States on securing future energy supplies. Technicians switched off the 32-year-old nuclear plant...

Posted by Norm M. Wada at 10:23 PM | See the full story | TrackBack

November 12, 2003

Europe needs enormous energy investments: report

ChinaView: An estimated 2 trillion euros (about 2.3 trillion US dollars) is needed in Europe over the next three decades to satisfy the need for energy supply, according to a report released by the International Energy Agency (IEA) on Thursday....

Posted by Norm M. Wada at 5:12 PM | See the full story | TrackBack

October 14, 2003

'I'll Be Back' - Arnold's Energy Deregulation Plan

Sacramento Bee: Two years after energy deregulation left Californians with soaring electricity prices, rolling blackouts and a bankrupt utility, Governor-elect Arnold Schwarzenegger wants to give free markets another try. Some consumer advocates and Democratic lawmakers say the former actor's plan...

Posted by Norm M. Wada at 8:15 PM | See the full story

September 28, 2003

Massive Power Outage Sweeps Across Italy

ABCNEWS.com: A storm-tossed tree branch that hit Swiss power lines helped trigger a massive blackout in almost all of Italy, trapping thousands on trains and forcing the pope to use a backup generator to proclaim his new cardinals. The outage,...

Posted by Bob King at 3:17 PM | See the full story

September 27, 2003

Windmill industry surges

Contra Costa Times: A new gust of wind-propelled electricity is blowing into California. The largest windmill farm in the state began selling power this month from the Delta town of Rio Vista. And more windmills are proposed or are being...

Posted by Bob King at 9:24 AM | See the full story

September 20, 2003

Tidal Current Into Electric Current

Yahoo! News - Moon Brings Novel Green Power to Arctic Homes Homes on the Arctic tip of Norway started getting power from the moon on Saturday via a unique subsea power station driven by the rise and fall of...

Posted by Timothy Fredel at 1:56 AM | See the full story

September 19, 2003

Economic Solar Power?

PACKETONLINE: Princeton University electrical engineers have invented a technique for making solar cells that could lead to a highly economical source of energy. The results, reported in the Sept. 11 issue of Nature, move scientists closer to making a new...

Posted by Timothy Fredel at 10:30 PM | See the full story

The Change Mariner Industry - Energy