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Cal on May 26th, 2015

Last week the World Bank reported that about one in seven people across the globe still live without electricity. The global electrification rate rose to 85% in 2012 from 83% in 2010, pushing the number of people without access to electric power down to 1.1 billion from 1.2 billion. India made significant advances, but progress […]

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Cal on May 12th, 2015

In recent years, China has embraced coal gasification, which involves treating coal with heat, steam and oxygen to turn it into methane gas that can be sent by pipeline to cities to supply relatively clean heat and power in place of coal. Some 50 of these massive coal-to-methane plants are planned. Global investment in upstream […]

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Cal on April 28th, 2015

In the past 35 years, China has added more than 500 million rural people to its cities. Fossil fuels (coal, crude oil and natural gas) comprise 85% of total energy resources in the world. This figures is expected to decrease to 75% over the next 25 years, according to data from the International Energy Agency. […]

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Cal on April 7th, 2015

US crude oil production increased during 2014 by 1.2 million barrels per day to 8.7 million, the largest increase since recordkeeping began in 1900. On a percentage basis, output in 2014 increased by 16.2%, the highest growth rate since 1940. Most of the increase during 2014 came from shale and other deposits in the states […]

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Cal on April 5th, 2015

New Zealand government scientists are looking at ways to extract natural gas frozen in ice beneath the seabed after finding an enormous deposit off the country’s east coast. A solid band of methane hydrates extending from the top of the South island to Poverty Bay in the North Island had been identified during a six-year […]

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Cal on March 23rd, 2015

Oil analysts seem pretty confident that a move towards higher crude oil prices will take place sometime in the second half of this year but they disagree as to whether this rebound will reach $100 a barrel or will stop short of that level, ie. below the price necessary to support the high cost of […]

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Cal on March 3rd, 2015

Coal consumption in China fell by 2.9% in 2014 to 3.9 billion metric tons. This was the first decline in coal consumption in that country in the past 14 years. The move came as crude oil and natural gas replace coal in a slowing economy. The issue of US crude oil storage capacity is receiving […]

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Cal on February 18th, 2015

The United States, Canada, China, and Argentina are currently the only four countries in the world that are producing commercial volumes of either natural gas from shale formations (shale gas) or crude oil from tight formations (tight oil). The United States is by far the dominant producer of both shale gas and tight oil. Canada […]

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