The old paradigm of power generation and distribution is changing. After years of growth, the era of fossil fuels may be coming to an end. The rise in alternative sources like solar and wind power has led some countries to set ambitious goals for renewable energy production. Energy storage systems in Singapore are one of the main… Keep Reading
“Many small creeks make a large stream” is a Swedish saying that describes well the production of shale oil and shale gas. Equivalent English sayings are, “Many a little makes a mickle,” (that originated in Scotland, and then President George Washington used in a text of 1793) and “Many drops make a river.” If one… Keep Reading
Publication date: 2008-08-01 First Published In: Pipeline & Gas Journal Authors: Jude Clemente Abstract: 1.5 million barrels per day (bpd), oil from Mexico comprises about 11% of U.S. imports. As a top-three supplier to the U.S., Mexico has been a consistent and reliable source of oil for years. In the first half of this decade,… Keep Reading
Publication date: 1998-06-01 First Published in: Natural Resources Research Authors: D.J. Santini Abstract: This paper examines three issues related to both the U.S. and world oil supply: (1) the nature of the long-term, post-peak production profile for the U.S. and, by inference, other regions (the Hubbert curve is used as a “strawman” model); (2) implications… Keep Reading
There is a “significant risk” that global production of conventional oil could “peak” and decline by 2020, a report has warned. The UK Energy Research Council study says there is a consensus that the era of cheap oil is at an end, but it warns that most governments, including the UK’s, exhibit little concern about… Keep Reading