Africa

Cal on August 25th, 2015

Slovakia-based Aeromobil said its flying roadster, a 2-seater sports car, can transform into a light sports aircraft and should be available for sale by 2017. The limited edition vehicle is targeted at “wealthy supercar buyers and flight enthusiasts” and will have a flying range of almost 700 kilometres on regular gasoline. It is equipped with […]

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Cal on August 18th, 2015

As world crude oil prices head towards $40 a barrel, traders are now suggesting prices could fall into the $30s. New forecasts from the International Energy Agency and the US Energy Information Administration (EIA) predict that the surplus will continue and US production will fall until late next year at which time production and oil […]

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Cal on August 2nd, 2015

  The United Nations reported the world’s population will reach 9.7 billion by 2050 as India surpasses China to become the largest country. By the end of this century, this figure could increase to more than 11.2 billion. The west African country of Nigeria is expected to be larger than the US by mid-century and […]

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Cal on July 27th, 2015

China could be on the verge of introducing a two-child policy, 35 years after enacting draconian birth control rules blamed for millions of forced abortions and the creation of a demographic “time bomb.” The new regulation, under which all Chinese couples would be allowed to have two children, could be implemented “as soon as the end […]

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Cal on July 14th, 2015

Saudi Arabia reported to OPEC its crude oil production was at its highest levels in more than 30 years. The desert kingdom produced 10.56 million barrels of oil per day in June. Another crude oil boom may be in the works off the coast of West Africa.  Tullow Oil is among the early players in […]

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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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