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Latin America’s Rio Group agrees to set renewable energy priorities |
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Written by Kelvin Scoon
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Sunday, 09 March 2008 |
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SANTO DOMINGO, Dominican Republic, March 10, 2008 -- The heads of state taking part in recent Rio Group (GRIO) Summit meetings have approved programs aimed at promoting the use of renewable energy sources like bio fuels, tidal power, hydroelectric, wind and solar energy as a key element of the development process. |
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Last Updated ( Sunday, 09 March 2008 )
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TT Petroleum Conference 2008 to discuss - RESERVE TO PRODUCTION RATIOS |
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Written by Webmaster
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Thursday, 21 February 2008 |
SAN FERNANDO, Trinidad, Feb. 20, 2008. STCIC - - Ever since the release of the Ryder Scott audit of natural gas reserves in August 2007, reserve to production ratios have been a hot topic of conversation in Trinidad & Tobago. There has been considerable debate and discussion around the ratio and its importance to the future of the country. In response to this debate the STCIC, in conjunction with the GSTT, has put together an exceptional panel of local and international experts and asked them to address the question:
“Does Trinidad and Tobago need a target reserve to production ratio and if so what should it be?”
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IEA predicts drop in World petroleum demand- Peak Oil author sees no effect on prices |
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Written by Bilaal Abdullah
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Friday, 15 February 2008 |
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PORT OF SPAIN, Trinidad, Feb. 16, 2008. The International Energy Agency (IEA) on Wednesday last reduced its forecast of 2008 global oil demand growth by 310,000 barrels a day from its January report due to an expected slowing of world economic activity as a result of U.S. financial woes affecting other markets. |
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Last Updated ( Friday, 15 February 2008 )
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PEAK OIL PARADIGM SHIFT Author Says Michael Klare Wrong – Oil Did Not Burst American Bubble |
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Written by Kelvin Scoon
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Wednesday, 06 February 2008 |
PORT OF SPAIN, Trinidad , February 06, 2008 -- In a recent article in Common Dreams.org News Center Michael T Klare made a claim that – “The economic bubble that lifted the stock market to dizzying heights was sustained as much by cheap oil as by cheap (often fraudulent) mortgages. Likewise, the collapse of the bubble was caused as much by costly (often imported) oil as by record defaults on those improvident mortgages. Oil, in fact, has played a critical, if little commented upon, role in America’s current economic enfeeblement — and it will continue to drain the economy of wealth and vigor for years to come.”
Bilaal Abdullah author of Peak Oil Paradigm Shift disagrees, saying that Michal Klare “ignores so many facts that one wonders what has become of Klare.” |
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European Union Persists With Biofuels |
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Written by Webmaster
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Friday, 25 January 2008 |
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BRUSSELS, Belgium, January 25, 2008 - The European Union has decided to maintain a target for increasing the use of biofuels despite mounting concerns that its strategy could worsen global hunger. |
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