By Jeremy Hance, www.mongabay.comDecember 07, 2009 Canada’s tar sands have been internationally criticized as one of the world’s largest industrial sources of greenhouse gases, but the energy-intensive extraction of oil also has a less-noted impact on the local environment. A new study shows that the Alberta’s oil sands are likely releasing more PACs (polycyclic aromatic […]
Taxis queue up to fill their tanks on an overpass in Chongqing, China, Wednesday, November 18, 2009. Central and eastern Chinese provinces faced the worst natural gas shortage in years as supplies were diverted to snowstorm-hit northern China, while producers lacked incentives to expand output because of poor margins. Photo by Imaginechina: AP China has […]
From The Oil Drum: World crude oil, condensate and oil sands production peaked in 2005 at an annual average of 73.72 million barrels per day (mbd) according to recent EIA production data. 2008 production was slightly less than 2005 creating a peak plateau from 2005 to 2008 as shown in the chart below. Production is […]
MOSCOW (AFP) — Thawing permafrost caused by global warming is costing Russian energy firms billions of dollars annually in damage control and shrinking Russia’s territory, Greenpeace warned in a new study Friday. According to the report by the environmental watchdog, up to 55 billion roubles (1.9 billion dollars) a year is spent on repairs to […]
By Terry Macalisterwww.guardian.co.uk, Monday 9 November 2009 21.30 GMT The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying. The senior official claims the US has […]
By FRAN RIMRODNovember 11, 2009 – 10:40AM There are fears the oil that spewed from a leaking well off the West Australian coast has polluted a stretch of the Indonesian coastline, jeopardising the local fishing industry. The Greens are calling on operator PTTEP Australasia to compensate West Timorese fishing communities in West Timor if reports […]
By GUY CHAZAN Criticism is mounting against Italian energy giant Eni SpA’s plans to squeeze oil from the tar sands of the Republic of Congo, which campaigners claim could endanger one of the world’s largest tropical rain forests. Eni says the crude would be produced in areas of grassy savannah, and wouldn’t harm the local […]
An environmental lawyer in Indonesia says local fishermen are going bankrupt because the Timor Sea oil spill has ruined fish stocks. The West Atlas oil rig spewed hundreds of thousands of litres of oil and gas into the sea for 10 weeks and last week caught fire. It was plugged earlier this week with mud. […]
PERTH, Australia, November 3, 2009 (ENS) – PTTEP Australasia today confirmed it has killed a leaking oil well and stopped the main fire at the Montara well head platform and surrounding the West Atlas drilling rig in the Timor Sea off Australia’s north west Kimberley coast. Now the focus turns to investigating the cause of […]
An oil rig at the centre of a massive spill in the Timor Sea off the north-west coast of Australia has caught fire. The company which runs the well, PTTEP Australasia, said the fire broke out as it attempted to plug a leak deep underwater at the West Atlas rig. All workers are reported to […]
