Africa

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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Cal on November 30th, 2016

Today’s critical meeting of OPEC members is being touted as the “Most Important OPEC Meeting Ever” as many are saying that the crude oil cartel’s role in controlling oil prices will be lost if there is no agreement to cut production and dramatically increase the world price of oil. And any meaningful agreement would have […]

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Cal on November 21st, 2016

Due to a global movement to reduce coal production, the International Energy Agency now sees demand rising by 214 million tons in the next 25 years as contrasted with the 485 million it forecasted last year. Britain’s last coal power station will be forced to close in 2025, the government said as it laid out its plan […]

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