peak oil

November 12 2009

Global: Oil : future world shortages are being drastically underplayed, say experts

A leading academic institute has urged European governments to review global oil supplies for themselves because of the "politicisation" of the International Energy Agency's figures.

Uppsala University in Sweden today published a scathing assessment of the IEA's annual World Energy Outlook, saying some assumptions drastically underplayed the scale of future oil shortages.

Cuba: Cuba orders extreme measures to cut energy use

Cuba has ordered all state enterprises to adopt "extreme measures" to cut energy usage through the end of the year in hopes of avoiding the dreaded blackouts that plagued the country following the 1991 collapse of its then-top ally, the Soviet Union.

In documents seen by Reuters, government officials have been warned that the island is facing a "critical" energy shortage that requires the closing of non-essential factories and workshops and the shutting down of air conditioners and refrigerators not needed to preserve food and medicine.

Indonesia: PLN officials told to address power outages or lose jobs

State SOE Minister Mustafa Abubakar has asked officials of state electricity company PT PLN to immediately address the ongoing power shortage in the country, especially in Jakarta, or risk losing their jobs.

“I will discipline those who fail to meet the electricity crisis settlement deadline. I will also reward those who meet the deadline,” Mustafa said during a visit to the Cawang Baru substation in East Jakarta on Thursday.

Indonesia: Monopoly rears its ugly head

The state electricity monopoly (PLN) raised again its ugly head with more extensive damages as rotating power blackouts, previously limited mostly to areas outside Java, have now hit even the capital city, the center of political and commercial power.

PLN chief executive officer Fahmi Mochtar said Monday the rolling power outages in Jakarta and its surrounding towns, initially caused by the explosion of a transformer at the high-voltage transmission grid in Cawang in September, would continue until Christmas due to the technical problems at the Muara Karang power generation plant in north Jakarta.

Malawi: Malawi: Fuel shortage deepens

The country has for the past four weeks gone with empty tanks at fuel service centres, forcing vehicles to wait for hours on end in a quest to get fuel.

Officials from Petroleum Importers Limited and the Malawi Energy Regulatory Authority say they are doing all they can to pressurize officials at Beira Port to deliver.
Tankers of fuel remain stuck at Beira with loads of fuel while people adapt to living in the dark.

Nepal: Fuel shortage hits consumers

Shortage of petroleum products has hit consumers in the Valley as Nepal Oil Corporation (NOC) failed to manage supplies amid dwindling import, which resulted from stringent depot safety policy of the Indian supplier and traffic jam along Birgunj-Raxaul corridor, the main import route.

Petroleum dealers said the NOC did not issue petrol to private dealers on Tuesday. On Wednesday, it distributed 225 kiloliters of fuel, which is three-fourth of normal daily demand, in the Valley.

"Almost all dealers in the valley were out of stock earlier on the day. Fuel was distributed only late on the day, building queues at the refilling stations," said Sharad Bhandari of Nepal Petroleum Dealers´ Association, flaying the NOC for not managing the import-related problem on time.

November 11 2009

Global: Key oil figures were distorted by US pressure, says whistleblower

The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying.

The senior official claims the US has played an influential role in encouraging the watchdog to underplay the rate of decline from existing oil fields while overplaying the chances of finding new reserves.

Brazil: Brazil's Big Blackout Raises More Questions for the Olympics

Brazil's huge power blackout highlights the need for major investments to ensure its infrastructure keeps pace with its robust economic growth, but does not signal systemic risks likely to hurt the economy.

The outage sparked problems ranging from public transport stoppages to hospital emergencies, demonstrating challenges facing a nation whose expanding industries and quick rebound from the global crisis have made it a Wall Street darling.

Pakistan: CNG stations in six Punjab districts remain closed

CNG stations in six districts, including Rawalpindi and Islamabad, remained closed on Tuesday in protest against the government's proposed gas load management programme for winter. The strike is being observed on the appeal of Punjab and NWFP chapter of CNG stations association for one day in Jehlum, Attock, Chakwal, Rawalpindi and Islamabad against stopping gas supply to CNG stations for two days in a week.

People faced a lot of problems due to the closure of CNG stations. Long queues of vehicles were witnessed at petrol pumps due to the strike. Most of the vehicles owners prefer to use CNG because it is cheaper, but on Tuesday they were forced to operate on the more expensive petrol. The price differential between CNG and petrol is about Rs 12.13 to Rs 13.63 with major differential between mileage of each fuel: CNG mileage is considerably more than that of petrol.

Philippines: " Fuel shortage " alarm transport group

The local transport sector has expressed alarm over the recent pronouncement of the Department of Energy and oil companies that the country may run out of fuel with the continued prize freeze of petroleum products in certain areas in Luzon.

“That is very alarming. Kung mahurot na ang atong fuel, wala nay mga sakyanan nga managan,” says Benjamin Ryan Yu, chairman of the Cebu Integrated Transport Services Cooperative.

CITRASCO is the biggest transport company in Cebu with 800 jeepneys and 200 taxis operating. CITRASCO alone consumes about 16,000 liters of fuel daily.

Philippines: Power outages worsen in Cebu, Panay, Negros

Cebu, which requires an average of 750 MW, has been hit by rotating hour-long outages since September when several baseload plants had to be shut down for maintenance and other plants derated their capacities.

The power supply problem is projected to persist until new coal plants come onstream.

The first of three 82-MW units of Cebu Energy Development Corp. are scheduled to be synchronized to the grid in February. The rest will be completed a few months later while a 200-MW coal plant project of KEPCO-SPC will be completed in 2011.

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