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Cal on February 17th, 2018

In its latest Energy Outlook to 2040, ExxonMobile projects global transportation-related energy demand will increase by close to 30% by 2040. At the same time, total miles traveled per year by cars, sport utility vehicles and light trucks will increase about 60%. Exxon predicts a rise in electric vehicles as well as efficiency improvements in conventional […]

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Cal on February 14th, 2018

Russia is sending its highest quality crude oil to China in its battle for market share on the prized Asian market. As a result, European petroleum refiners are being left with lower-quality imports from Russia and are now reviewing how much Russian crude they would buy and at what price. The quality of Russia’s Urals […]

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Cal on February 12th, 2018

As reported here over the past two years, the state of South Australia has been plagued by unreliability in its electricity system leading to state wide blackouts that have caused businesses millions of dollars in lost production and sales. To address this failing, the state has turned to storage batteries to help prevent the power […]

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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 27th, 2018

Professor in Computer Engineering at Oklahoma State University, Dr Subhash Kak, believes a third of jobs will be lost soon after the introduction of self-driving cars, artificial intelligence, and automation. Autonomous cars in particular could displace transportation workers and drivers. Prof. Kak said: “It has been estimated that one third of the people in any advanced […]

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Cal on January 23rd, 2018

Imports are expected to make up more than 70% of China’s crude oil supply in 2018. Last year China overtook the US as the world’s largest oil importer. The world’s hottest offshore prospect for oil companies right now is off the South American coast of Guyana, where a string of major discoveries has drawn hundreds […]

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Cal on January 20th, 2018

Navigant Research projects the total annual revenue for the energy storage and renewable integration sector will exceed $23 billion by 2026. Utility-scale and behind-the-meter applications are likely to experience the strongest growth. Energy storage systems are increasingly viewed as a way to mitigate the electric grid challenges caused by large additions of renewable energy sources. The Asia Pacific region […]

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