Africa

Cal on October 21st, 2014

Lockheed Martin said it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use in a decade. An official said that a small team had been working on fusion energy at Lockheed’s […]

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Cal on October 14th, 2014

The world is becoming awash in oil. The average price of benchmark OPEC crude oils dropped below $90 a barrel for the first time in more than two years amid reduced demand and ample supplies. The OPEC Basket, a weighted average of main crude oil grades, slipped to $89.37 a barrel mid-week. Global demand growth slowed […]

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Cal on October 8th, 2014

The Guardian provided us with a user’s guide to the solar revolution. The post reviews the new book by Keith Barnham which discusses the physics and history that led to the development of solar power. Barnham is professor emeritus in the physics department at University College London. Barnham finds it hugely significant that the US […]

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Cal on October 7th, 2014

Evidence is growing that there will be considerably less money for exploration and development of new oilfields in coming years. Overall investment is seen as growing by only 5% this year as compared with 11% in recent years. Next year the growth is expected to fall to 4%, and giving the rapidly rising costs of […]

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Cal on September 30th, 2014

World population may grow larger than previously estimated, reaching 11 billion people by century’s end, according to the United Nations. That would mean two billion more people on Earth than expected by 2100, with the increase largely due to high birth rates in Africa. Almost two-thirds of the 70 nuclear reactors currently under construction worldwide, […]

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Cal on September 16th, 2014

Natural gas accounts for two-thirds of all petroleum reserves discovered over the last decade, according to data from consulting firm IHS. Many of the largest finds are located far from the markets that can use this fuel. The Mozambique project, which has run up about $1 billion in costs for Anadarko thus far, is among […]

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Cal on September 6th, 2014

Saudi Aramco’s CEO is worried that rising cost of crude oil production and global turmoil could lead to the lack of sufficient oil in future years, if oil companies do not make the necessary investments now. He said the low investment climate was the result of cost overruns on mega-projects and low demand growth amid […]

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Cal on August 12th, 2014

Solar photovoltaic (PV) capacity installed in the UK has now reached 5 gigawatts (GW), making it just the sixth country to hit this landmark figure. Germany remains the undisputed leader, with more than 37  GW. China, Japan, Italy and the United States each have more than 10 GW of PV installed. The US now gets […]

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