The 2006 World Energy Outlook examines current economic trends and analyses them in order to predict the future of the energy economy. The 2006 report urges the international community to invest heavily in energy efficiency in order to avoid a global econ
Peak Oil is the theory, on the verge of becoming conventional wisdom, that the world’s petroleum supply is topping out and will not be able to meet global demand soaring along with the economies of China and India. But a successful test in a mammoth fie
The peak oil movement - an unlikely alliance of geologists, physicists, oil industry consultants and environmental activists - seems to be gaining momentum and winning new converts. For the first time, some say, peaksters have begun to grab the attention
Spain’s beaches are expected to shrink by an average of 15 metres (50ft) by 2050 as global warming causes sea levels to creep up while stronger waves and currents eat away at the coastline.
The world has an abundant supply of oil, and high petrol prices are just the reality of a globally traded commodity, ExxonMobil Australia chairman Mark Nolan said today. Mr Nolan used his speech to the Asia Pacific oil and gas conference in Adelaide today
Arctic sea ice in winter is melting far faster than before, two new NASA studies reported Wednesday, a new and alarming trend that researchers say threatens the ocean’s delicate ecosystem. Scientists point to the sudden and rapid melting as a sure sign
The world has tapped only 18 percent of the total global supply of crude, a leading Saudi oil executive said Wednesday, challenging the notion that supplies are petering out. Abdallah S. Jum’ah, president and CEO of the state-owned Saudi Arabian Oil Co.
Polar bears are drowning and receding Arctic glaciers have uncovered previously unknown islands in a drastic 2006 summer thaw widely blamed on global warming. Signs of wrenching changes are apparent around the Arctic region due to unusual warmth — the s
The melting of the sea ice in the Arctic, the clearest sign so far of global warming, has taken a sudden and enormous leap forward, in one of the most ominous developments yet in the onset of climate change. Two separate studies by Nasa, using different s
Ice defines the Arctic. It determines what exists, and how. It shapes the region’s culture and history. It’s highway, birthing ground and hunting platform. It’s what tourists clamour for, and artists strive to paint. It has helped to forge Canada’
Each day, the world uses about 84 million barrels of oil. The United States uses one-fourth of that, yet has one-twentieth of the world’s population. Using oil worsens global warming, supports oil-rich autocrats, funds terrorism and makes America more i
Global economic growth is at risk of peaking because of high oil prices and rising protectionist sentiment, warned Rodrigo de Rato, the International Monetary Fund’s managing director, on Tuesday.
We tend to see urban pollution as a modern problem. But did you know that urban pollution was a serious problem for Western world cities as far back as 200 years ago?
Global energy companies boosted their investments in the upstream business by 31 pct in 2005, but only to achieve a marginal growth in oil and gas production and reserves.
The global sea level rise caused by climate change, severely threatening many of the world’s coastal and low-lying areas from Bangladesh to East Anglia, is proceeding faster than UN scientists predicted only five years ago, Professor Chris Rapley, direc
As a petroleum industry analyst who gave up material security for a career as an activist against petroleum industry expansion, I’ve developed a unique understanding of the global peak in oil extraction. Questioning society’s energy needs has always b
