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Cal on July 15th, 2014

The US continues to be the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia due to extraction of energy from shale rock formations. Daily output exceeding 11 million barrels in the first quarter of this year. The country became the world’s largest natural gas producer in 2010. Nigeria is listed as […]

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Cal on May 27th, 2014

China and Russia signed a monumental, multi-decade natural gas supply contract in Shanghai, with reports saying it could be worth as much as $US400 billion. Russia has vast energy reserves and China is constantly seeking resources to power the growth of its economy. Under the 30-year contract between China National Petroleum Compnay and Gazprom, 38 […]

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eurasia review analyzed Mexico’s energy sector. Mexico is one of the 10 largest crude oil producers in the world. Oil is a crucial component of Mexico’s economy.accounting for 13% of the country’s export earnings in 2013.  That same year earnings from the oil industry (including taxes and direct payments from PEMEX) accounted for about 32% […]

Continue reading about The Energy Blog World: The Week in Review (Part 3)

Cal on May 13th, 2014

the International Energy Agency (IEA) warned Monday, estimating that an additional $44 trillion of investment was needed to meet 2050 carbon reduction targets.Read more at: http://phys.org/news/2014-05-iea-extra-tn-energy-future.html#jCp The International Energy Agency estimates that an additional $44 trillion of global investment is needed in the energy sector to meet 2050 carbon reduction targets. To achieve this goal, […]

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Cal on April 27th, 2014

TheBioenergySite explores how much electricity the manure of one cow can supply. The answer according to the German Ministry of Agriculture is 1000 kwh a year. If the manure of a small herd of cattle – about 25 cattle – is used, then the energy produced can supply up to seven average households with electricity […]

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  Coal is expected to be Australia’s primary energy source for the next several decades said The Guardian. The country’s environment minister, Greg Hunt, predicts that while coal will still be around many years from now it will be much cleaner due to new emissions technologies such as carbon capture and reusage. Hunt said he […]

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Cal on April 14th, 2014

The US Energy Information Administration reported most of the growth in petroleum and other liquid fuel supplies comes from countries outside of OPEC, and particularly North America. The EIA said it projects petroleum and other liquids supply to increase by 1.4 million barrels per day in 2014 and 1.3 million bpd in 2015, with most […]

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Cal on April 7th, 2014

The future of US shale oil production is the subject of a new report from the research firm of Wood-Mackenzie. The report forecasts that oil production from the Bakken shale in the state of North Dakota will average 1.1 million b/d this year, up by nearly 250,000 b/d from 2013. The firm is also talking […]

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