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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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Cal on October 8th, 2017

Airbus plans to put its electric flying taxi, the CityAirbus, into operation late next year. This announcement came after a successful full-scale ground test of the vertical take-off and landing vehicle’s propulsion system. The vehicle is entirely battery-powered (with electric 100 kilowatt motors), uses a four propeller design to navigate through crowded cities, and can […]

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Cal on July 26th, 2017

 “Fossil fuels are dead. That’s a long-term view. It’s not going to happen overnight. It’s not going to be in two or three years. But it’s going away, in my view.” —-  Hunter Harrison, CEO of CSX, one of the largest railroads hauling coal in the United States; Mr. Harrison said he will no longer […]

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Cal on July 5th, 2017

Recent estimates of methane gas hydrate deposits around the world suggest that they contain perhaps more organic carbon than all the world’s crude oil, natural gas, and coal combined. Once extracted, 1 cubic metre of methane hydrate releases 164 cubic metres of conventional natural gas. Estimates very from 10,000 trillion cubic feet to more than 100,000 […]

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Cal on June 13th, 2017

Last year, for the 5th straight year, the US was the world’s largest producer of petroleum and natural gas hydrocarbons. US hydrocarbon production in energy content terms is almost evenly split between petroleum and natural gas. US crude oil production will, for the first time in nearly 50 years, climb to 10 million barrels per day […]

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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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Cal on May 7th, 2017

Russian energy company Gazprom reported total cumulative production from the Novoportovskoye oil field above the Arctic Circle has reached 35 million barrels. Eighty-five wells are currently in operation at the field, producing between 50 and 1,100 tonnes of oil per day. Pilot projects were completed in 2014 and shipments facilitated by an icebreaking-vessel made it so the […]

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Cal on January 1st, 2017

MIT Technology Review has an article about robots mining 24 hours a day. Mining companies are rolling out autonomous trucks, drills, and trains, which will boost efficiency but also reduce the need for human employees. Mining companies are well placed to expand automation rapidly, because they have already invested in centralized control systems that use software […]

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