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Posts in December 2006

• Canadian Ice Shelf sets sail

  Steve Kretzmann

  Dec29

  Scientists studying satellite imagery from the Canadian Arctic have just discovered that the Ayles Ice Shelf broke free of Ellesmere Island sixteen months ago. In an AP story running widely this morning, Warwick Vincent of Laval University said: “This is a dramatic and disturbing event. It shows that we are losing remarkable features of the…
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• NYT: Incentives on Oil Barely Help U.S., Study Suggests

  Steve Kretzmann

  Dec28

  Great article from the New York Times last week, fyi. Original here. Or read on for pasted text.

• Whither Peak Oil?

  Mark Floegel

  Dec28

  Originally posted at http://www.markfloegel.org If you’re a long time reader of these commentaries, you may have noticed the recurrence of a limited repertoire of subjects – the Iraq war, global warming, the evisceration of civil liberties in the U.S. and peak oil. As detrimental as I believe the administration of George W. Bush has been…
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• Dictator’s Death May Spark Gas Contest

  Andy Rowell

  Dec22

  The death of Saparmurat Niyazov, the idiosyncratic dictator of Turkmenistan, the former Soviet republic, could trigger a new round in the fierce battle between the United States and Russia for control of Central Asia‘s huge oil and gas reserves. Turkmenistan is the second-largest natural-gas producer in the former Soviet Union, after Russia. The country holds…
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• Now Russia Turns Heat on BP

  Andy Rowell

  Dec22

  Hot on the heels of the Kremlin taking back ownership of Shell’s Sakhalin-2 project, the Kremlin has issued a chilling warning to BP about its future in the country. A key Kremlin official has warned BP that it has no choice but to accede to Russian demands with its latest project, or face crippling sanctions.

• Iran Asks Oil Buyers to Pay in Euros

  Andy Rowell

  Dec22

  The world’s fourth largest oil exporter, Iran, is seeking payment for oil sales in euros as it shifts currency reserves out of dollars. The State-owned National Iranian Oil Company (NIOC), acting under instructions from the Central Bank of Iran, has inserted a new clause in oil supply contracts that allows it to request payment in…
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• Brown Bears Stop Hibernating

  Andy Rowell

  Dec21

  Bears in the mountains of northern Spain have stopped hibernating, scientists have revealed in what may be one of the strongest signals yet of how much climate change is affecting the natural world. Bears are supposed to slumber throughout the winter, slowing their body rhythms to a minimum and drawing on stored resources, because frozen…
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• Shell Evacuates Staff From Nigeria

  Andy Rowell

  Dec21

  Oil giant Shell has begun evacuating the dependents of hundreds of expatriate staff from the Niger Delta after local militants planted a car bomb in a residential compound that damaged cars, although no one was injured. The pullout involves some 400 foreign family members from Port Harcourt, Warri and Bonny Island. Staff will stay put…
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• PetroChina to Buy Iranian LNG

  Andy Rowell

  Dec21

  PetroChina, the country’s largest oil company, has signed a 25-year agreement to buy three million tons of liquefied natural gas a year from Iran to supply terminals it plans to build on China‘s northern coast. Gas deliveries will start in 2011. The company is expanding gas production and sales as demand for cleaner-burning fuels increases…
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• Airlines Will Make £2.7 Bn From EU ETS Scheme

  Andy Rowell

  Dec20

  In Brussels today the EU’s environment commissioner will propose including airlines in the Emissions Trading Scheme (ETS), which aims to tackle climate change. However, the aviation industry could make up to £2.7 billion profits through the ETS Scheme, according to report by one of Britain’s leading think tanks, the Institute for Public Policy Research (IPPR).