LNG

Cal on August 19th, 2017

The US Energy Information Administration projects that, based on current construction plans, by 2020 the US will have the third-largest liquefied natural gas (LNG) export capacity in the world after Australia and Qatar. China is expected to become the leading importer of LNG, consuming about 40% of world supply. Natural gas liquids are sought by the steel, chemical […]

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Cal on August 2nd, 2017

World crude oil consumption could peak as early as the end of the next decade as electric vehicles become more popular, according to Royal Dutch Shell’s CEO.  Yet crude oil will still be needed for decades to come as it is likely to remain the main transportation fuel for planes, ships and heavy trucks. US crude […]

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Cal on July 30th, 2017

  The US Energy Information Administration expects the US to become a net exporter of natural gas in 2017 for the first time since 1958. The prediction is based on declining pipeline imports from Canada, increased pipeline exports to Mexico, and greater liquefied natural gas (LNG) exports to Asia and Europe. By 2026, the EIA […]

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Cal on July 20th, 2017

Researchers at Tokyo Institute of Technology have devised a low-cost, scalable approach to developing all-solid-state batteries, improving prospects for scaling up the technology for widespread use in electric vehicles, communications and other industrial applications. Described in a paper in the journal Chemistry of Materials, the approach involves substituting germanium in the solid electrolyte for two […]

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Cal on June 29th, 2017

Have you ever wondered what goes on inside a nuclear fusion reactor?  See the video here. The US is now supplying liquefied natural gas (LNG) to South Korea. One of the largest buyers of LNG in the world, the Korea Gas Corp. has entered into a 20-year sales and purchase agreement with Cheniere Energy Inc., which operates […]

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Cal on June 26th, 2017

Synthetic Genomics and ExxonMobil announced the development of a modified algae strain that could push algae-based energy closer to being a commercially viable alternative energy source. Bloomberg New Energy Finance projects that over the next two decades, the cost of solar power will still drop another two-thirds, onshore wind costs will be cut nearly in […]

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Cal on June 21st, 2017

The International Energy Agency foresees the global oversupply of crude oil continuing through 2018. The driver is US shale oil production which will grow by 430,000 barrels per day this year and 780,000 next year. Total non-OPEC production including the US is forecast to grow by 1.5 million b/d next year. With global inventories currently […]

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Cal on May 25th, 2017

McKinsey & Company asks: Self-driving car technology: When will the robots hit the road? “A close examination of the technologies required to achieve advanced levels of autonomous driving suggests…such vehicles are perhaps five to ten years away.” Volkswagen Group is in talks with Exxon Mobil Corp. and Russia’s Gazprom to support its efforts to promote automobiles powered by natural […]

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