Biomass

Cal on October 14th, 2017

A new study by the China University of Petroleum in Beijing says the Asian country is about to experience a peak in its total crude oil production as early as next year.  Without finding an alternative source of “new abundant energy resources”, the study warns, the 2018 peak in China’s combined conventional and unconventional oil will […]

Continue reading about Energy Facts of the Day

Cal on September 29th, 2017

Hedge fund Bridgewater Associates believes that almost half of the jobs in the next two decades will be replaced by artificial intelligence. CEO Ray Dalio said: “By in large, the world is going to largely consist of people who can take language and put it into code, which then allows the computer to operate like a […]

Continue reading about Energy Facts of the Day

Cal on August 28th, 2017

Energy consultancy Wood Mackenzie says that until 2035 crude oil will remain the most high-demand fuel source in the world, closely followed by coal and natural gas. Nuclear power, meanwhile, will remain a key mid-level energy source.  Growing industrial demand from the Asia-Pacific region is likely to see oil sustained as the top energy source. China’s total […]

Continue reading about Energy Facts of the Day

Cal on August 25th, 2017

China is in the middle of an ambitious nuclear program that could bring its total nuclear electric generating capacity to as much as 200 gigawatts by 2030. Oil and gas giant, Royal Dutch Shell, is going to sell electricity directly to industrial customers in the UK starting next year. This is the first oil company to enter into […]

Continue reading about Energy Facts of the Day

Cal on July 27th, 2017

Britain announced it will ban all new petrol and diesel cars and vans from 2040 amid fears that rising levels of nitrogen oxide pose a major risk to public health. This follows a similar recent announcement by France.  The British ban will also include new hybrid vehicles with an electric motor and gasoline or diesel […]

Continue reading about Energy Facts of the Day

Cal on July 9th, 2017

Netherland, Sewell & Associates, Inc. said the volume of natural gas estimated in the Tamar field off Israel stands at 11.2 trillion cubic feet, with an additional 14.6 million barrels of condensate. This is a 13% increase from the previous estimate of this natural gas bonanza. Condensate is an ultra-light mixture of hydrocarbon liquids. Once on […]

Continue reading about Energy Facts of the Day

Cal on June 23rd, 2017

     Source:  World Energy 2017-2050: Annual Report

Continue reading about Chart of the Day

Cal on May 7th, 2017

Russian energy company Gazprom reported total cumulative production from the Novoportovskoye oil field above the Arctic Circle has reached 35 million barrels. Eighty-five wells are currently in operation at the field, producing between 50 and 1,100 tonnes of oil per day. Pilot projects were completed in 2014 and shipments facilitated by an icebreaking-vessel made it so the […]

Continue reading about Energy Facts of the Day