Iraq and Kuwait are engaged in "technical negotiations" to strike a deal over production from border oilfields that have been at the heart of previous conflicts, a Kuwaiti oil official has said. "Consultations are ongoing to select the best mechanism

Data 'disconnect' prompts suspicion, closer look at gasoline consumption HONG KONG (MarketWatch) -- A sharp rise in Chinese car sales and vehicle ownership hasn't been reflected in nationwide gasoline consumption this year, an anomaly that has some analysts scratching their

Interior Secretary Ken Salazar fired back at critics of the federal government's oil and gas leasing program on Tuesday, saying the oil industry was acting "like an arm of a political party."In a conference call with reporters to announce oil

Two weeks before President Obama visited China, two senior White House officials traveled to Beijing on a "special mission" to try to persuade China to pressure Iran to give up its alleged nuclear weapons program. If Beijing did not help

A paper to accompany the presentation to the All Party Parliamentary Group on Peak Oil, Tuesday 24th November 2009We are so often told about the problems of climate change by the various political parties in Britain, but in fact the

The trouble with apocalypse is that most people have already seen it at the movie theater, watched it on television, read it in a book, or heard all about it from the pulpit. So inundated with the language of crisis

1. Production and prices2. Will China continue to grow?3. Copenhagen4. UraniumQuote of the WeekThe Briefs

Scientist: 'Coin-flip odds for serious outcomes for our planet’MAUNA LOA OBSERVATORY, Hawaii - The readings at this 2-mile-high station show a troubling upward curve as the world counts down to crucial climate talks: Global warming gases are building in the

SAN FRANCISCO (Reuters) - Purse strings are loosening, new bets are being placed, and cautious optimism has caught on in the green technology sector.With oil prices up sharply and the U.S. economy steady, the emerging green technology industry is seen

LONDON (Reuters) - How much does a barrel of oil cost? With billions of dollars at stake, sometimes the answer depends who is doing the asking.The most visible answer is the figure flashing up on futures screens across the financial

What's going on in the US economy is a slow-motion convulsion from which we will emerge as a very different nation with a different economy. The wild irresponsibility of the media in pretending otherwise is only going to make the

DENVER, Nov 24, 2009 /PRNewswire-USNewswire via COMTEX/ ----Newly-released videotaped remarks reinforce statements by senior petroleum industry officials about looming world oil supply constraintsGroups and individuals speaking out about forthcoming world oil supply challenges are frequently stereotyped as a fringe element

I was quite tickled that Mr Tony Buckingham, the shrewd ex-mercenary and chief of Heritage Oil, is set to make 80million (Shs240 billion) from selling its lucrative oil fields in Uganda.Buckingham has done a deal to flog his company’s oil

The head of Iran's Central Bank says the country has gained 5 billion dollars by excluding the US dollar from its currency basket and replacing it with the euro."Iran has considerably reduced the total of US dollars in its currency

Paul Ehrlich's book, The Population Bomb (1968), caused great controversy with its predictions of mass starvation in the 70s and 80s due to over-population. Forty years later, with the world's population almost doubled in that time, Ehrlich's main message is

Environmental campaigners warn that a lawsuit over fraud against a company claiming to be the world’s largest manufacturer and distributor of biochar presents a stark warning of the dangers of the scramble for funding for unproven climate change techno-fixes.

OSLO (Reuters) - Global warming is happening faster than expected and at worst could raise sea levels by up to 2 meters (6-1/2 ft) by 2100, a group of scientists said on Tuesday in a warning to next month's U.N.

Even some green groups now see power source as 'part of the answer’ LONDON - Nuclear power — long considered environmentally hazardous — is emerging as perhaps the world's most unlikely weapon against climate change, with the backing of even

Wishful thinking or apocalyptic doom forecasting? Fred Curtis, an economist at Drew University, has put together a mashup of peak oil, global warming, and patterns in global trade liberalization and arrived at the principle of "Peak Globalization." A double whammy

Last week I wrote about a talk by Matt Simmons at which he proposed a solution to a predicted world shortage of water and petroleum: offshore wind generators to produce fresh water and ammonia from wind, air and sea water.