Energy

US Oil Production Could Reach Historic Levels This Year

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U.S. oil production could break an all-time high of 10 million barrels per day by the end of the year, according to a new report. Michael Bastasch The Daily Caller Analysts at Rystad Energy are predicting U.S. crude oil output could top an old record set in November 1970 by the end of the year. Production is currently growing at 95,000 barrels per day per month this year, largely thanks to hydraulic fracturing into shale… US Oil Production… Read More »

New motto of Ukraine: ‘No coal, no power – no problem’

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The power outages Kiev feared due its blockade of Donbass coal failed to materialize — because the blockade also unexpectedly set back Ukraine’s industrial production, writes Marko Marjanovic in… DONi News Agency No coal, no power – no problem. This could be the new motto of new… Months ago Ukraine declared an end to coal imports from Donbass utterly gutting its… New motto of… Read More »

Sky-high carbon tax needed to avoid climate catastrophe, say experts

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Economists, including Joseph Stiglitz and Nicholas Stern, say taxes of $100 per metric tonne could be needed by… Phillip Inman Economics editor The Guardian A group of leading economists warned on Monday that the world risks catastrophic global warming in just 13 years unless countries ramp up taxes on carbon emissions to as much as $… Experts including Nobel laureate Joseph Stiglitz and former World Bank chief economist Nicholas Stern said governments needed to… Sky-high carbon… Read More »

UK achieves solar power record as temperatures soar

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A record amount of solar power was generated on Friday as Britain basked in sunshine and temperatures of up to 28C, the National Grid has said. BBC It said 8.7 gigawatts (GW) had been generated at lunchtime, representing 24.3% of total generation across the UK. The level tops the previous record of 8.48GW set on 10 May. Duncan Burt, head of control room operations at National Grid, called it the “beginning of a new era”… UK achieves solar… Read More »

India will sell only electric cars within the next 13 years

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Every car sold in India from 2030 will be electric, under new government plans that have delighted environmentalists and dismayed the… Callum Brodie World Economic Forum It’s hoped that by ridding India’s roads of petrol and diesel cars in the years ahead, the country will be able to reduce the harmful levels of air pollution that contribute to a… India’s booming economy has seen it become the world’s third-largest oil importer, shelling out $150 billion annually for the resource – ... Read More »

Explainer: why we should be turning waste into fuel

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The federal government recently announced that it is giving recycling company ResourceCo a loan of A$30 million to build two waste-to-fuel plants producing “solid waste fuel”. Nick Florin Ben Madden The Conversation Waste-to-energy is an important part of the waste industry in Europe. Significant demand for heat means efficient and tightly controlled waste incinerators are common. However, Australia lacks an established… Explainer: why we… Read More »

Russia, Saudi Arabia call to extend oil output deal

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The world’s biggest oil producers Russia and Saudi Arabia on Monday called for the extension of an output reduction deal ahead of an OPEC meeting later this month. Daily Sabah with wires “To underscore the determination of oil producers to ensure market stability, predictability and sustainable development, the joint actions of participating producers should be… The statement added that Russian… Russia, Saudi Arabia… Read More »

Total’s plans for Brazil’s new oil frontier snagged on Amazon reef

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As French oil giant Total seeks to conduct oil exploration in Brazil’s Foz do Amazonas Basin area, which some geologists say may contain around 14 billion barrels of petroleum, environmentalists fear it could damage the eco system in the… Reuters OIAPOQUE Daily Sabah Deep beneath the waters of the Atlantic off Brazil’s most northern coast, French major Total SA is hunting for what it hopes will be… Metal drill bits, pipes and Total’s plans for… Read More »

Dutch open world’s largest offshore wind farm

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Dutch officials on Monday opened what is being billed as one of the world’s largest offshore wind farms, with 150 turbines spinning in action far out in the North Sea. FRENCH PRESS AGENCY – AFP THE HAGUE Daily Sabah Over the next 15 years, the Gemini windpark, which lies some 85 kilometers (53 miles) off the northern coast of The Netherlands, will meet the energy needs of about 1.5… At full winds the windpark has a… Dutch open world’s… Read More »

Elon Musk: Tesla’s Solar Roofs Will Be Cheaper Than Regular Roofs & Have “Infinity Warranty”

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Last night, Elon Musk announced that Tesla’s solar roofs would be on sale starting today. Futurism At the time, he also stated that more information on the panels was forthcoming. Now, he has unveiled key details about Tesla’s “infinity warranty.” A NOTABLE ANNOUNCEMENT Last night, Elon… Elon Musk: Tesla’s… Read More »

Israel’s Delek group seeks to conduct natural gas exploration in Turkey

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After discovering the Tamar and Leviathan natural gas reserves, the largest ever discovered, Israel’s Delek group hopes to conduct exploration work for Turkey, as the country starts its activities in the Mediterranean. Daily Sabah with Anadolu Agency Citing the likely presence of significant oil and natural gas resources in the eastern Mediterranean, Israeli oil and gas exploration firm Delek Drilling and… The CEO of Delek Group Yossi Abu said that they… Israel’s Delek group… Read More »

José Ramos-Horta calls on Australia to abandon ‘unsubstantiated’ claim in Timor Sea

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Former Timor-Leste president warns government not to harm relations by pushing to extend borders to control the Greater Sunrise oil field Naaman Zhou The Guardian The former Timor-Leste president José Ramos-Horta has told the Australian government to abandon its “unsubstantiated” legal case to extend its borders into the… Speaking at a Labor party-hosted event in… José Ramos-Horta… Read More »

UK sees first full day without coal-fired electricity

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Britain was on course yesterday to see its first full day without generating any electricity from coal since the Industrial Revolution, the… EMILY BEAMENT The Scotsman If the grid runs the whole day without coal power, it would be the first continuous 24-hour coal-free period for Britain since use of the… National Grid’s electricity control room tweeted: “It looks likely that today will be the… UK sees first… Read More »

Pipelines and Pipedreams: How the EU can support a regional gas hub in the Eastern Mediterranean

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There has been a great deal of excitement over the past few years around newly-discovered gas reserves in the eastern Mediterranean, and… Tareq Baconi  ecfr.eu With confirmed recent reserves reaching close to 2,000 billion cubic metres (bcm) of gas, and the possibility of more discoveries to come, the… The diversification of Europe’s gas supply has long been a priority for the… Pipelines and Pipedreams… Read More »

Turkey Sees No Need for Cyprus to Approve Israel Gas Pipeline

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A Turkey-Israel gas pipeline deal could be built through Cyprus’ economic waters even without Cypriot consent, a Turkish official… David Wainer Bloomberg Cyprus can’t block a gas pipeline from Israel to Turkey, and gas talks with Israel don’t hinge on attempts to reach a peace deal in Cyprus, the… A pipeline bringing gas from Israel’s… Turkey Sees No… Read More »

American energy use, in one diagram

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How much energy we use, what kind, and how much is wasted. David Roberts Vox Spring brings new growth, new possibilities, and, best of all, a new spaghetti diagram from Lawrence Livermore National Laboratory (LLNL) at… Every year, LLNL produces a new energy flow chart showing the sources of US energy, what it’s used for, and… If you’ve never seen it… American energy use Read More »