Hydro Power

Cal on February 9th, 2018

CNBC tells about the race between China, Russia and the US to control the Arctic, including its oil and gas resources. Meanwhile, The Diplomat writes about the geopolitics behind Asia’s energy future. See also How soaring U.S. oil exports to China are transforming the global oil game. The US Energy Information Administration says that country is on […]

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Cal on February 6th, 2018

According to US Energy Information Administration estimates, US crude oil  production broke through 10 million barrels per day last week and is on its way toward setting an all-time US production record. Investment banker Goldman Sachs sees crude oil prices reaching $80 a barrel in the next six months while others are talking about prices […]

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Cal on January 11th, 2018

Amid the strife, turmoil and corruption in Venezuela, its oil production has sunk to a 28 years low, to levels not seen since 1989. This in a world of increasing oil demand. Torbjorn Kjus, oil market analyst with Norway’s DNB Bank, said: “The Venezuelan economy could collapse at any moment. We could envisage scenarios spanning from outright […]

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Cal on January 9th, 2018

Germany’s Electric Power Generation Capacity by Source          

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Cal on December 28th, 2017

Non-fossil fuels now account for 17.6% of China’s total energy supply. This is 6% higher than 5 years ago. China’s installed electric power generation capacity is about 1.8 billion kilowatts, and non-fossil fuel generation capacity accounts for 38% of the total. China plans to cap its coal-fired power capacity at 1,000 gigawatts in 2020. Non-fossil fuel is […]

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Cal on December 17th, 2017

The international Energy Agency says India is becoming a driving force in global energy trends. Showing remarkable growth, half a billion Indians have gained access to electricity in India since 2000, almost doubling the country’s electrification rate. This growth rate puts India on course to achieving access to electricity for all in the early 2020s. Since 2012, more […]

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Cal on November 29th, 2017

Brazilian state-controlled Petrobras announced has started to produce crude oil and natural gas from the giant deepwater Libra field in the Atlantic Ocean. The field is estimated to hold between 8 billion and 12 billion barrels of crude oil. The Petrobras rig expects to reach 30,000 barrels per day in early 2018 with the potential to reach […]

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Cal on November 14th, 2017

China’s largest oil company Sinopec, one of that country’s top banks, and its sovereign wealth fund agreed to develop a $43 billion natural gas project in the US state of Alaska. When will we reach peak oil demand?  Royal Dutch Shell and Norway’s Statoil predict crude oil demand could reach its high as soon as 2025 […]

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