Caspian Sea

Cal on February 28th, 2017

While Canada and the US ban Arctic drilling for crude oil and natural gas motivated by environmental concerns, Norwegian energy companies are planning to increase drilling in that country’s Arctic shelf in the Barents Sea. The North Caspian Operating Co., a joint venture operating the giant oil field in the Kazakh waters of the Caspian Sea […]

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Cal on September 14th, 2016

The International Energy Agency indicates that coal will surpass crude oil as the world’s most popular fuel source within 10 years. The boost in coal demand is due to extreme growth in emerging markets like China and India, countries that require cheap fuel sources for electricity production in order to support their quickly growing infrastructures and populations. At […]

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Cal on December 20th, 2015

Oil trader John Arnold is expecting one-half of the US energy industry to go bankrupt next year if the world price of oil does not rebound from its current doldrums of almost $35 a barrel. “Come January 1, revenues will experience a pronounced decline for many companies, coinciding with a time of severe stress for […]

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Cal on September 18th, 2013

Population growth in the US is adding energy demand faster than any nation on the planet. China and India are also important (and in absolute terms they are certainly more important energy consumers, due to a rapidly changing standard of living). But as to whose population growth is having the largest effect on global energy […]

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Cal on July 9th, 2013

Over half of China’s 1.3 billion population now lives in urban areas. Europol reported winds farms, and renewable energy in general, are the most popular target for laundering money, after analysing the financial activities of Italy’s four Mafia groups. “The Italian mafia is investing more and more in renewable energy, especially in wind farms, to […]

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Cal on June 15th, 2013

  For a decade Pepe Escobar, a feature writer for The Asian Times, has run an informative series on Pipelineistan and the geopolitical struggle between the US/Europe, Russia and China for control over the Caspian Sea oil and gas resources. Indeed, this is just a continuation of the Great Game that began with Russia and […]

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Cal on November 19th, 2012

The International Energy Agency (IEA) says the US may be energy independent by 2035. By 2020, the US is expected to be a net exporter of natural gas and the North American region should follow suit in terms of crude oil by 2035. The IEA further predicts that fossil fuels will remain the dominant form […]

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Cal on September 11th, 2012

The United Nations asked the US to change its biofuel policy to avoid a global food crisis reported Reuters. Fearing high food prices in poorer countries and mass starvation, the UN has urged the US to move away from food crops to energy and use non-food sources instead. Concern has escalated as drought in the […]

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