Get ready for oil supplies to dwindle, experts warn

Some observers predict a social and economic meltdown as severe as the Great Depression

Clinton raises billions for world issues

A conference hosted by Bill Clinton on world problems ended Friday with the former president announcing a total of $7.3 billion in pledges to help reduce global warming and fight Third World poverty, disease and ethnic strife.

U.S. doubts Moscow on energy

The State Department yesterday sharply criticized a recent move by the Russian government to curb a major Western oil-and-gas-investment project in Siberia, saying it put in doubt Moscow's willingness to honor major energy deals with foreign investors.

A Gusher For Big Oil Is Drying Up

Western giants used to have easy pickings in Russia. Now Moscow is taking a harder line.

Jan Lundberg: (How can we already be) looking at the end of the age of oil and abundant energy

James Howard Kunstler on relocalization and peak oil: transcript, video, and audio.

Put crudely, petrol panic runs out of puff

The doomsday scenarios of Peak Oil theory - that we have already found most of the oil available and are rapidly running out - gained fevered currency. That interest has since subsided and the theory itself has been dismissed by oil companies. "Peak oil predictions are not new," ExxonMobil Australia chairman Mark Nolan said at the Asia Pacific Oil & Gas Conference last week. "They have been occurring, particularly at times of high prices, regularly since the 1920s."

Nigeria to Pull Shell Ogoni License

Alberta Expects $111M Extra from Cancelling Royalty Tax Credit Program

Alberta expects to gain a further $111 million by ending a 32-year-old royalty tax credit program to energy companies.

Energy Minister Greg Melchin says it's time for the program to go because oil and natural gas prices are trading at much higher prices than historical averages.

Silicon Valley explores solar technology

Engineers and entrepreneurs in Silicon Valley are taking advantage of their expertise in computer chips to design and manufacture electricity-generating solar cells that they hope will be increasingly competitive with traditional energy sources such as coal and natural gas. Most solar cells and chips are made from the same raw material from which the valley gets its name.

Iraq to tap Ahdab oilfield

Japanese makers give ethanol a gander

While Detroit ballyhoos ethanol, Japanese automakers are quietly positioning themselves in case the gasoline alternative becomes more popular.