Transportation

Cal on December 11th, 2017

  ITER, an international project to build a prototype nuclear fusion reactor in southern France, said it is facing delays if the US does not reconsider budget cuts. ITER’s director said the US contribution had been cut from a planned $105 million to $50 million this year and its 2018 budget cut from a planned […]

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Cal on December 8th, 2017

A new solar energy project in the US state of California will be using the Sun to help extract crude oil. What will be the state’s largest solar plant, located near Bakersfield, Belridge Solar will generate steam to inject into the ground to help extract the oil. Solar power will create 850 megawatts (MW) of thermal energy to produce 12 […]

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Cal on December 5th, 2017

A study by McKinsey Global Institute projects up to 800 million global workers will lose their jobs to robotic automation by 2030. The study of 46 countries and 800 occupations found that up to one-fifth of the global work force will be affected. Machine operators and food workers will be hit hardest. Wealthy countries like the US and Germany […]

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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 22nd, 2017

Volkswagen Group said it plans to spend 10 billion euros ($11.8 billion) by 2025 to develop and manufacture all-electric and plug-in hybrid vehicles in China. The company plans to launch 15 models over the next two to three years, and an additional 25 after 2025.  The group (which includes Audi) is aiming to sell 400,000 of these […]

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Cal on November 12th, 2017

The European Commission is proposing a 30% CO2 reduction from 2021 to 2030 for light-duty vehicles (new cars and vans). 2025 will have an intermediary target of a 15% reduction. The purpose is to spur a rapid transition from internal combustion engines to alternative fuels. The proposed regulation applies to all passenger cars and light commercial […]

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Cal on November 7th, 2017

Saudi Arabia has started the process to build 17.6 gigawatts of nuclear electricity generating capacity by 2032, the equivalent of about 17 reactors, making it one of the biggest prospects for an industry struggling after the 2011 nuclear disaster in Japan. The Saudis want to reduce the amount of crude oil they burn domestically for generate […]

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Cal on October 31st, 2017

The International Energy Agency said crude oil demand in Southeast Asia will expand to around 6.6 million barrels per day by 2040 from 4.7 million b/d now, with the number of road vehicles increasing by two-thirds to around 62 million. The demand is fueled by rising population growth coupled with regulations limiting domestic production of oil, natural […]

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