Africa

Cal on March 26th, 2017

The US Energy Information Agency (EIA) forecasts US shale oil production will rise by some 300,000 barrels per day this year and another 500,000 b/d in 2018. Industry sources talk about increased efficiency and production gains, suggesting to many that the EIA’s forecast is conservative and that the US shale oil production increase may be higher. […]

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Cal on February 28th, 2017

While Canada and the US ban Arctic drilling for crude oil and natural gas motivated by environmental concerns, Norwegian energy companies are planning to increase drilling in that country’s Arctic shelf in the Barents Sea. The North Caspian Operating Co., a joint venture operating the giant oil field in the Kazakh waters of the Caspian Sea […]

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Cal on February 7th, 2017

Carbon Tracker, in its latest report, envisions a scenario in which 2 million barrels per day of global crude oil demand are erased by 2025 because of the penetration of electric vehicles in the transportation sector. 2 million b/d is equivalent to the supply overhang that triggered the 2014 crude oil price meltdown. The report suggests total […]

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Cal on February 6th, 2017

The U.S. Energy Information Agency (EIA) described Turkey as an increasingly important transit hub for crude oil and natural gas supplies in its latest report. Turkey’s Bosporus and Dardanelles straits are among the busiest straits in the world, with more than 2 million barrels of crude oil flowing through them each day. The construction of the Trans-Anatolian Natural […]

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Cal on January 1st, 2017

MIT Technology Review has an article about robots mining 24 hours a day. Mining companies are rolling out autonomous trucks, drills, and trains, which will boost efficiency but also reduce the need for human employees. Mining companies are well placed to expand automation rapidly, because they have already invested in centralized control systems that use software […]

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Cal on December 15th, 2016

Already having a goal of 52% renewable electricity by 2030, the north African country of Morocco has now set a goal of becoming 100% renewable by the second half of this century. By 2030 the country expects to get 20% of its electricity from solar, 20% from wind and 12% from hydro. The Netherlands wants […]

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Cal on December 6th, 2016

Here is oil observer Tom Whipple’s take on the OPEC agreement this past week to cut back crude oil production in an effort to raise world oil prices: The total cut by OPEC members is supposed to be 1.2 million barrels per day (b/d) to which a non-OPEC cut of 600,000 b/d, including Russia’s 300,000 b/d, […]

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Cal on December 3rd, 2016

Scientists from the UK’s University of Bristol have developed a lab-made nuclear diamond that can generate electricity and is made from radioactive waste. The diamond battery has an incredible lifetime, and will only be half used up by the year 7746.  As most people know, a severe downside of the nuclear fission process is the creation of dangerous radioactive waste, which […]

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