Iraq Keeps South Oil Pipeline Shut
Authorities kept a main oil pipeline in southern Iraq shut on Sunday rather than risk it being attacked, restricting the country’s exports to half normal levels, a South Oil Official said.
Authorities kept a main oil pipeline in southern Iraq shut on Sunday rather than risk it being attacked, restricting the country’s exports to half normal levels, a South Oil Official said.
“…if you want to grow energy crops, look for the one that has the highest yield per hectare and therefore the highest amount of ethanol produced for the land you are setting aside for biofuel production.”
China’s imports of crude oil in the first seven months rose nearly 40 percent from a year ago as the energy-hungry economy expanded at close to double-digit levels, state press reported.
Britain became a net importer of oil in June for the first time in 11 years, official data showed on Tuesday. As the UK is expected to become a net gas importer as early as next year, it is building liquefied natural gas import terminals. The UK also intends to increase renewable share of power generation to 20 per cent by 2020.
Workers at an oil pumping station in southern Iraq said on Wednesday they have stopped operations to protest the government’s backing of the U.S. offensive against followers of rebel cleric Moqtada al-Sadr.
Construction of BP’s controversial $3bn (£1.6bn) oil pipeline from the Caspian Sea to Turkey resumed only after the intervention of Donald Rumsfeld it has emerged.
Although the former Soviet Union has pumped crude for years, only recently has Russia emerged as the world’s second-biggest oil exporter and — if the Bush administration has its way — a potentially important new supplier of both oil and gas to the United States. Russia’s crude oil production rivals that of Saudi Arabia, and analysts say its reserves could provide the output answer for the United States, China, South Korea and Japan, which have grown increasingly wary of their dependence on producers in the Middle East.
A three part Canadian documentary series deals in part with the oil peak. “Soon enough, the era of cheap oil will be over. If prices rise too steeply there could be a devastating effect on the world’s economy.”
The Energy Bridge, with its tankers far beyond the horizon, eliminates the risk of explosions on land and thus sidesteps not-in-my-backyard controversies.
Georgia’s government said Friday it had ordered a temporary halt to construction work on a section of a multi-million-dollar (euro) Caspian oil pipeline, alleging that the pipeline consortium had failed to meet requirements on environmental safety.
China will force factories in the capital of a wealthy eastern province to shut for up to four days a week, the latest draconian measure aimed at alleviating a summer power shortfall estimated at 20,000 megawatts.
The defense ministry said yesterday that it was short of fuel for the military’s aircraft and naval ships as budget constraints continue to bite.