In the third of three major policy addresses, Republican presidential candidate, John McCain has talked about the “great and urgent challenge – breaking our nation’s critical dependence on foreign sources of oil”. In a speech to the Center for Strategic and International Studies (CSIS) McCain warned that America’s “dependency on foreign oil and the way … Read More
Energy Security
Big Oil Tackles Energy Questions
Some of big oil’s top executives will gather in Houston this week to discuss dwindling oil supplies, pollution concerns and finding new and more effective ways to produce oil and gas — as well as alternatives to fossil fuels. At the Cambridge Energy Research Associates annual weeklong conference that begins today, dozens of the industry’s … Read More
A Tinge Of Green from the Lame Duck President
Did we witness the first green shoots of an ailing President in his State of the Union address? After all the hype of what Bush was going to say about a radical course of direction on climate change, with him calling for a mandatory cap on emissions, it predictably failed to materialize. No surprises there … Read More
Bush Expected to Stress Energy Security
A year after warning that America was addicted to oil, President Bush is expected to renew concerns about energy security in his State of the Union address tomorrow night. But despite his positive rhetoric, little has changed over the last year and little is expected to radically change during the next.
Asian States Sign Key Energy Deal
Leaders at an East Asian summit have signed an agreement to promote energy security and find alternatives to conventional fuels. The agreement was signed by 10 South East Asian nations, China, Japan, New Zealand, India, S Korea and Australia.
Democrats Target Energy
So a new era of politics has dawned in Washington as yesterday we witnessed history in the making. Nancy Pelosi became the first female speaker of the House and Democrats took control of Congress for the first time in a dozen years. “This is an historic moment,” Pelosi said. “It’s an historic moment for the … Read More
Council Calls for Energy Security
A group of CEOs and retired military officers, called the Energy Security Leadership Council, has issued a report urging tougher vehicle fuel-efficiency standards, wider access to offshore petroleum, greater incentives for biofuel development and increased production of flex-fuel cars.
EU Seeks Russian Energy Deal
The European Union is urging Russia and its neighbours to commit to long-term energy contracts that will guarantee them affordable oil and natural gas supplies. The appeal came on the first day of a two-day conference of officials from the 25 EU nations and oil and gas exporting countries.
UK Faces ÂŁ100 billion Energy Gap
A new report warns Britain’s looming energy gap could cost the country more than ÂŁ100bn a year in less than a decade from now. The analysis by the business services group LogicaCMG believes that the energy gap could arrive much earlier than previously thought. It says that by 2010 the shortfall could be 5 per … Read More
Armed Police to Protect UK’s Strategic Energy Assets
In this day and age, energy security does not just mean securing enough oil and gas supplies it means protecting them too. In these days of heightened terror alerts the Sunday Times has reported how “a special armed police force is being proposed to protect Britain’s main oil, gas and electricity installations from terrorist attack … Read More