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Keyword: energy

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  • China's premier pledges further market opening as talk of trade war mounts (Time to move, Trump)

    03/20/2018 1:15:52 AM PDT · by cba123 · 8 replies
    Reuters ^ | 4 hours ago | By Kevin Yao
    China will open up its economy further, and its door to the outside will only get wider, with foreign and domestic firms allowed to compete on an equal footing, Premier Li Keqiang said at the close the country's annual parliament session on Tuesday. The familiar-sounding pledges from Beijing came as the prospect of a global trade war loomed in the wake of U.S. President Donald Trump imposition of hefty import tariffs on steel and aluminum earlier this month. (please see link, for full article)
  • China Jumps to Number Two Importer of U.S. Crude

    03/19/2018 7:52:36 PM PDT · by Sub-Driver · 9 replies
    China Jumps to Number Two Importer of U.S. Crude By MarEx 2018-03-19 00:17:30 U.S. crude oil exports in 2017 were nearly double those of 2016, and China accounted for 202,000 b/d (20 percent) of the 527,000 b/d total increase. As a result, China surpassed the U.K. and the Netherlands to become the second-largest importing destination. However, similar to previous years, Canada remained the top destination for U.S. crude oil exports. Canada’s share of total U.S. crude oil exports continued to decrease in 2017, down from 61 percent in 2016 to 29 percent. U.S. crude was shipped to 37 destinations, compared...
  • Climate change triggering ‘flying rivers, rain bombs’, Gore warns

    03/19/2018 6:22:53 AM PDT · by Sub-Driver · 51 replies
    Climate change triggering ‘flying rivers, rain bombs’, Gore warns Former US vice-president tells GESF delegates in Dubai large areas in Middle East could become uninhabitable Dubai: Bizarre weather such as “flying rivers” and “rain bombs” are just some of the recent effects of climate change, warned former US vice-president Al Gore at the Global Education and Skills Forum (GESF) in Dubai on Sunday. Gore, who is the founder and chairman of The Climate Reality Project, a non-profit establishment “devoted to solving the climate crisis”, told GESF delegates global weather is becoming “extreme” and “disruptive”, mainly because of global warming. Gore...
  • Deep Learning Portends 'Sea Change' for Oil and Gas Sector

    03/15/2018 1:44:40 AM PDT · by SunkenCiv · 34 replies
    Enterprise Tech ^ | February 2, 2018 | Tiffany Trader and Doug Black
    The billowing compute and data demands that spurred the oil and gas industry to be the largest commercial users of high-performance computing are now propelling the competitive sector to deploy the latest AI technologies. Beyond the requirement for accurate and speedy seismic and reservoir simulation, oil and gas operations face torrents of sensor, geolocation, weather, drilling and seismic data. Just the sensor data alone from one off-shore rig can accrue to hundreds of terabytes of data annually, but most of this remains unanalyzed, dark data. Why? Because there just isn't enough compute capacity to crunch it all. A collaboration between...
  • New Mexico oil production gushes to all-time record (#3 in nation)

    03/13/2018 10:36:42 AM PDT · by CedarDave · 16 replies
    The Albuquerque Journal ^ | March 12, 2018 | Kevin Robinson-Avila
    New Mexico oil production is booming at levels never before seen in state history, pushing output last year to an all-time record of 171 million barrels, according to the latest statistics from the state Oil Conservation Division. That’s more than double the 85 million barrels the state produced in 2011, when modern drilling technology began pumping new life into the aging Permian Basin in southeastern New Mexico and West Texas. Output last year climbed 17 percent over 2016, when the state produced 146 million barrels. The boom reflects massive investments in the New Mexico side of Permian, where huge companies...
  • Hillary and Lamar: A Meeting of Minds on Russian Collusion

    03/06/2018 7:49:09 AM PST · by Twotone · 2 replies
    American Spectator ^ | March 5, 2018 | Kevin Mooney
    America’s anti-fracking enviros had a strange benefactor. While allegations of the Donald Trump campaign colluding with Russians to alter the presidential election outcome remain unproven at best, a clear money trail and U.S. intelligence reports demonstrate Russia’s active campaign of funding U.S. environmental groups. On March 1, U.S. House Science, Space, and Technology Committee’s chairman, Rep. Lamar Smith (R-TX), released a report on “Russia’s Social Media Meddling in U.S. Energy Markets.” The report details Russia’s motives in interfering with U.S. energy markets, influencing domestic energy policy, and manipulation of Americans via social media propaganda. “This report reveals that Russian agents...
  • Russian funding of U.S. environmental groups shows how collusion is done

    03/09/2018 5:27:21 AM PST · by cowpoke · 18 replies
    American Spectator ^ | 3/8/18 | Kevin Mooney
    Last week, a congressional committee released a jarring and persuasive report on Russian meddling in American politics. Despite a media feeding frenzy over anything tangentially connected to questions of Russian interference, this report went largely unnoticed. The U.S. House Science, Space, and Technology Committee’s “Russia’s Social Media Meddling in U.S. Energy Markets” details Russian funding of U.S. environmental groups, which used resources to protest the process of fracking and the existence of the Keystone pipeline. Russia, the world’s largest oil producer, figures to watch the U.S. surpass it within five years. Killing fracking and the pipeline stand as two ways...
  • 57 Muslim nations urged to besiege Israel

    03/12/2018 1:58:55 PM PDT · by Lera · 83 replies
    WND ^ | 3/11/18
    A Turkish newspaper close to President Recep Tayyip Erdogan and his ruling party is urging 57 Islamic nations to build a joint army specifically to attack Israel, notes a new report in Joseph Farah’s G2 Bulletin. The Middle East Media Research Institute reports the article appeared on the paper’s website under the title “What If an Army of Islam Was Formed against Israel?” It was published shortly ahead of a summit of the Organization of Islamic Cooperation, which has 57 members, MEMRI reported. The article notes, MEMRI said, “that such a joint army will greatly exceed the Israeli army in...
  • A ‘Major Second Wave’ of U.S. Fracking Is About to Be Unleashed Upon the World

    03/07/2018 5:44:48 PM PST · by Hojczyk · 39 replies
    Time ^ | March | By JUSTIN WORLAND
    The International Energy Agency (IEA) said in a new forecast this week that growth in U.S. oil production will cover 80% of new global demand for oil in the next three years. U.S. oil production is expected to increase nearly 30% to 17 million barrels a day by 2023 with much of that growth coming from oil produced through fracking in West Texas. Republicans politicians and policymakers celebrated the news and sought to take credit for the development. Trump has sought to portray himself as a savior of the U.S. oil and gas industry, opening up federal lands to oil...
  • First LNG Cargo Sets Sail from Maryland’s Cove Point Export Terminal

    03/06/2018 3:01:00 PM PST · by Oatka · 24 replies
    gCaptain ^ | Mar 05, 2018 | gCaptain Staff
    Photo at link (give 'em some hits) The first cargo of liquefied natural gas has set sail from the Dominion Energy Cove Point LNG export terminal in Maryland, where the newly constructed liquefaction facility is undergoing final commissioning. The commissioning cargo of natural gas left the Cove Point facility on the Chesapeake Bay on Thursday, March 1, according to Dominion Energy. The cargo was loaded onboard the LNG tanker, Gemmata. Shell NA LNG is providing the natural gas needed for liquefaction during the commissioning process. Once commissioning is complete, the Cover Point terminal will produce LNG for ST Cove Point,...
  • U.S. Will Be the World’s Largest Oil Producer by 2023, Says IEA

    03/05/2018 5:17:42 AM PST · by RoosterRedux · 21 replies
    WSJ ^ | Sarah Kent
    The U.S. will overtake Russia to become the world’s largest oil producer by 2023, accounting for most of the global growth in petroleum supplies, a top industry monitor said Monday. U.S. crude production is expected to reach a record of 12.1 million barrels a day in 2023, up about 2 million barrels a day from this year, said the International Energy Agency, which advises governments and corporations on industry trends. American oil output will surge past Russia, currently the world’s largest crude producer at about 11 million barrels a day. The IEA’s closely watched five-year forecast showed the U.S. hitting...
  • Joy Reid “Republican”: No Trump Tariffs if he Read Forbes Instead of Getting Spanked with It

    03/03/2018 9:44:28 AM PST · by governsleastgovernsbest · 11 replies
    FinkelBlog ^ | Mark Finkelstein
    Evan Siegfried has probably assured himself of a few more appearances on Joy Reid’s MSNBC show. Siegfried is the sort of Republican that Reid reveres: the kind willing to take nasty shots at President Trump. On today’s show, Siegfried said that Trump wouldn’t have imposed the tariffs on steel and aluminum: “if the President had been doing things with Forbes magazine other than getting spanked, and he had actually read it, he would have known it’s bad for the economy.” Get the rest of the story and view the video here.
  • Putin Wants Modern Weapons, Not a Modern Russia

    03/01/2018 8:59:09 AM PST · by GoldenState_Rose · 54 replies
    The Moscow Times ^ | March 1, 2018 | Leonid Bershidsky
    Without a coherent vision of the future or an attractive model for others to imitate, without any soft power to speak of, without an economic model that can ensure sustainable growth or keep people out of poverty, the missile-rattling is a terrifying but hollow sound. In the context of a mock election with a predetermined result, Russia's growing military might means better protection for an unaccountable, oppressive regime that doesn't have to keep any of the promises it makes. It's muscle without hope or substance. Putin's fascination with the new toys is understandable. This part of the speech carried a...
  • Iraqi Troops Report Islamic State ‘Re-emergence’ Where Kurdish Peshmerga Removed

    02/28/2018 6:07:07 AM PST · by huldah1776 · 7 replies
    Breitbart News ^ | Feb 26, 2018 | Edwin Mora
    The Iraqi military has reportedly warned of an Islamic State (ISIS/ISIL) resurgence in northern Iraq, noting that the group has already attacked the Kurdish-majority Kirkuk region, home to lucrative oil fields. In an interview with Bas News, Ahmed Askari, a member of the Kurdish-held Kirkuk Provincial Council, dismissed as false the Iraqi military’s allegation of an ISIS re-emergence in northern Iraq, a region primarily controlled by the autonomous Kurdistan Regional Government (KRG). However, Kurdistan 24 reports: Islamic State (IS) extremists on Saturday launched an attack on an oil field in Kirkuk Province, killing at least two police officers. A security...
  • How Environmentalists Keep Heating Bills High

    02/27/2018 5:54:55 AM PST · by Kaslin · 8 replies ^ | February 27, 2018 | Stephen Moore
    This has been a colder-than-usual winter in the Midwest and Northeast, so many Americans are facing high home heating and electric bills. In some areas, these bills can reach $1,000 a month. Liberals, of course, charge that Donald Trump is the culprit. An AP story last week screamed: "Trump Once Again Wants to Cut Energy Assistance to the Poor." Vermont Sen. Bernie Sanders charged that if Trump has his way and eliminates the Low Income Heating Assistance Program, people might "freeze to death." But wait. Donald Trump is pro-American energy development. He isn't the one who is making energy bills...
  • U.S. to overtake Russia as top oil producer by 2019 at latest: IEA

    02/27/2018 12:20:14 AM PST · by Berlin_Freeper · 17 replies ^ | February 27, 2018 | Osamu Tsukimori
    The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country’s shale oil boom continues to upend global markets.
  • Kirkuk oil deal with Iran delayed by security concerns

    02/26/2018 8:20:15 AM PST · by mac_truck · 6 replies
    Rudaw (Kurdish) ^ | 2/26/18 | Staff
    ERBIL, Kurdistan Region – Security concerns have caused Iranian officials to delay the implementation of a deal to truck crude oil from Kirkuk to Iran, the head of the Iran-Iraq Chamber of Commerce announced on Monday. The delay comes a day after a suicide bomber targeted a Hashd al-Shaabi office in Kirkuk and after ISIS killed two police officers at an oilfield in the province on Saturday. “A large number of ISIS terrorists attacked a post of the oil police force near well 43 in the Khabbaz oilfield, killing two and wounding a third,” a security source told AFP. Iraq...
  • Our Next Energy and Security Crisis?

    02/24/2018 10:17:05 PM PST · by lowbuck · 5 replies
    Townhall ^ | 25 February 2018 | Paul Driessen
    Oil and natural gas aren’t just fuels. They supply building blocks for pharmaceuticals; plastics in vehicle bodies, athletic helmets and thousands of other products; and complex composites in solar panels and wind turbine blades and nacelles. The USA was importing 65% of its petroleum in 2005, creating serious national security concerns. But thanks to fracking, imports are now 40% and the US exports oil and gas. Today’s vital raw materials foundation also includes exotic minerals like gallium, germanium, rare earth elements and platinum group metals. For the USA, they are “critical” because they are required in thousands of applications; most...
  • Scientists Accidentally Discover Efficient Process to Turn CO2 Into Ethanol

    11/25/2016 4:11:06 PM PST · by Enchante · 50 replies
    Popular Mechanics ^ | October 17, 2016 | Avery Thompson
    Scientists at the Oak Ridge National Laboratory in Tennessee have discovered a chemical reaction to turn CO2 into ethanol, potentially creating a new technology to help avert climate change. Their findings were published in the journal ChemistrySelect. The researchers were attempting to find a series of chemical reactions that could turn CO2 into a useful fuel, when they realized the first step in their process managed to do it all by itself. The reaction turns CO2 into ethanol, which could in turn be used to power generators and vehicles.
  • While Others Fight Over Guns, Ted Cruz Battles Ethanol

    02/22/2018 1:52:52 PM PST · by SeekAndFind · 18 replies
    Hotair ^ | 02/22/2018 | Jazz Shaw
    Texas Senator Ted Cruz was in Philadelphia yesterday, but he wasn’t there for the cheesesteaks. He was holding a rally at Philadelphia Energy Solutions, the owners of a major northeastern refinery which the EPA managed to bankrupt this winter. Arguing on behalf of those who are being put out of work because of EPA mandates, particularly the Renewable Fuel Standard, Cruz made the case for less government licensing and more flexibility in U.S. energy development, leaving some to wonder if this was actually a campaign stop for an upcoming election bid. (Dallas News) Texas Sen. Ted Cruz led a...