Russian Oil Production Overtakes Saudi Arabia

August 23, 2006By Andy RowellBlog Post 1 Comment

The populist Russian newspaper, Komsomolskaya Pravda, ran the headline yesterday: “Russia takes first place in oil output rankings”. The story was based on OPEC figures showing that Russia is now extracting more oil than Saudi Arabia. The figures reflect a trend stretching back as far as 2002, but are being hailed by Russia as evidence … Read More

The Electric Car Faster Than a Ferrari

August 23, 2006By Andy RowellBlog Post 1 Comment

Costing a mere $100,000, built by Lotus in England using components from around the world, and designed in Silicon Valley, the Tesla Roadster is ripping up preconceptions that electric vehicles are as slow and boring as golf carts. This one accelerates from 0-60 mph in four seconds – quicker than a Ferrari Spider – and … Read More

Could BP’s Problems Lead to $300 a Barrel?

August 22, 2006By Andy RowellBlog Post

Matthew Simmons is well known within the industry for his predictions on peak oil. He first shot to prominence by arguing that Saudi Arabia was running out of oil and had inflated its reserves figures. His findings were published in the controversial book, Twilight in the Desert: The Coming Saudi Oil Shock and the World … Read More

America Starts to Wean Itself off Oil

August 22, 2006By Andy RowellBlog Post

George W might have admitted that America is addicted to oil, but there have been two recent indicators showing the USA’s growing desire for alternative technologies. The American Wind Energy Association has announced that wind energy capacity in the US now exceeds 10,000MW for the first time. This growth has been driven partly by concerns … Read More

BP: Three Congressional Hearings into Prudhoe Bay

August 21, 2006By Andy RowellBlog Post

As well as facing a lawsuit from its shareholders, it has emerged that BP now faces three Congressional hearings into its problems at Prudhoe Bay. Republican Don Young, has scheduled a hearing of the House Transportation and Infrastructure Committee, for Sept. 13.

Exxon: Oil is the Only Game in Town

August 21, 2006By Andy RowellBlog Post

Anyone out there who was hoping that new Exxon CEO Rex Tillerson would steer the company in a different strategic direction from his predecessor Lee “the dinosaur” Raymond, should think again. We are not going to see a sudden greening of Exxon. We are not going to see the oil and gas giant rapidly disinvest … Read More

UN Finally Acts on Lebanese Oil Spill

August 18, 2006By Andy RowellBlog Post

At a conference in Greece yesterday, UN officials finally drew up an action plan to tackle the huge oil spill that is spreading along the Lebanese and Syrian coastline. The 15,000 tonne spill could be the Mediterranean’s worst ever maritime disaster and was caused by Israel’s bombing of a Lebanese power station. The officials believe … Read More

BP: Beyond Propaganda

August 17, 2006By Andy RowellBlog Post 2 Comments

I know I am in danger of becoming a BP-bore, but I am not the only one with an unhealthy obsession with oil companies and the way they operate. There was a fascinating piece earlier this week in the New York Times (reprinted in Truthout) by John Kenney who worked on the BP advertising campaign … Read More

Demand Global Warming Leadership Now!

August 17, 2006By Andy RowellBlog Post 1 Comment

The League of Conservation Voters has launched a campaign to demand that politicians make global warming and clean energy a priority in the 2006 elections. They are asking people to sign their Global Warming Leadership Petition. According to the LCV, “with one-third of the Senate and all House members up for reelection this November, we … Read More