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Cal on July 5th, 2015

Russia’s state-controlled energy firm Gazprom announced last week that it suspended the delivery of natural gas to Ukraine, having not received payment for gas deliveries in the coming months. “Gazprom will not deliver gas to Ukraine at any price without prepayment,” company CEO Alexey Miller said. Negotiations between the two countries broke down when Ukraine […]

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Cal on June 30th, 2015

Two-thirds of known fossil-fuel reserves must be left in the ground if global warming is to be kept at less that 2 degrees C. above pre-industrial levels according to United Nations special envoy for climate change Mary Robinson. “The latest science makes it clear that the world needs to reach zero carbon emissions globally by […]

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Cal on June 24th, 2015

The International Energy Agency said that a peak in global green house gas emissions could be achieved as early as 2020 if governments implement five key policy measures — banning coal-fired power plants; raising investments in renewable energy sources to US$400 billion by 2030, from US$270 billion currently; phasing out energy subsidies for consumers; energy […]

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Cal on June 8th, 2015

OPEC’s decision to keep its crude oil output at 30 million barrels per day until at least next December essentially tells its members to produce as much oil as they can. Opposition to the decision came from Venezuela, Angola, and Iran whose economies are hurting badly from the low oil prices and would like others […]

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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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