Praying for a miracle? By Richard Heinberg Is gross mismanagement of the nation's energy policy an impeachable offense? While it would be difficult to create an airtight legal case for impeaching George W. Bush based on his ignoring the very real threat posed by Peak Oil, nevertheless I believe that his actions—and inaction—in this regard [...]
Posts on ‘March 29th, 2006’
MarketWatch (USA): Indian official says interested in joining Sakhalin III project
Mar 29, 2006 LONDON (MarketWatch) — The Indian government is interested in participating in Russia's Sakhalin III oil and gas project through one of the country's state-run companies, a top Indian official said Tuesday. The Sakhalin II project, controlled by Royal Dutch Shell PLC (RDSB.LN), “is closed. On Sakhalin III, we are looking for opportunities,” [...]
The Hindu (India): Cairn, Shell, BP among others to expand operations
New Delhi, March 29 (UNI): Top energy majors including Shell, BP, BG, Respol, BHP and Cairn have expressed their interest to expand their operations in Exploration and Production (E&P), distribution and marketing of natural gas, including city gas distribution network in India. Petroleum and Natural Gas Minister, Murli Deora, is currently in London for a [...]
THE WALL STREET JOURNAL: Oil Jumps Above $66 a Barrel As Supply Jitters Spark Rally
By MASOOD FARIVAR March 29, 2006; Page C4 Crude futures smashed out of their recent trading range, rallying nearly $2 and closing above $66 a barrel for the first time since early February as supply worries heightened. The May crude delivery contract on the New York Mercantile Exchange rose $1.91 a barrel, or 3%, to [...]
The Guardian: Carbon cop-out
With green issues a hot political topic, environmentalists were hoping Gordon Brown's budget would tackle climate change head on. It was certainly on the agenda, but John Vidal looks at the reality behind the rhetoric Wednesday March 29, 2006 For just a few hours last Wednesday, the broad British environmental movement toyed with the idea [...]
THE NEW YORK TIMES: Oil Prices Settle at $66 Per Barrel
By THE ASSOCIATED PRESS Published: March 28, 2006 Filed at 5:12 p.m. ET WASHINGTON (AP) — Crude-oil futures leapt by almost $2 a barrel Tuesday, testing the upper-end of a recent trading range amid strong demand and worries about supply from Iran and Nigeria. The reported possibility of a labor strike in Norway, a major [...]
Asia Pulse: SHOWA SHELL, MITSUI OIL TO SUPPLY PETROLEUM TO JAPAN ENERGY
Mar 29, 2006 TOKYO, March 29 Asia Pulse – Japan Energy Corp. has inked agreements with Showa Shell Sekiyu KK (TSE:5002) and Mitsui Oil Co. to procure 500,000 kiloliters of petroleum products annually from each beginning in April. Through fiscal 2005, Japan Energy purchased about 4.5 million kiloliters of petroleum products annually from Fuji Oil [...]

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