by Oliver Moody, May 29, 2018 in TheNYTimes
Since the 1950s the number of lives and the amount of money lost to floods have declined, despite little change to the frequency of catastrophic floods, according to the first comprehensive study of European historical records.
Academics at Delft University of Technology in the Netherlands found that the number of flood deaths across Europe has been falling by about 5 per cent a year for the past six decades. Financial losses to flooding have declined by 2 per cent a year, according to their paper in Nature Communications.
by BBC, May 21, 2018
The well has been drilled through the Lower Bowland shale at a depth of approximately 2,700m (8,860 ft) below ground and extends laterally 800m (2,620 ft).
Francis Egan, chief executive officer of Cuadrilla, said the government’s recent announcement underlined the “national importance of shale gas”.
“We are now very close to demonstrating that Lancashire shale gas can be commercially developed in a safe and environmentally responsible manner.”
The firm said drilling on a second horizontal shale gas exploration well at the site is due to be complete soon when it will lodge a second fracking application.
It said it expects to start fracking both wells later this year.
See also: South Africa to speed up shale gas exploration applications
by Fred Singer, May 15, 2018 in TheWallStreetJournal
It is generally thought that sea-level rise accelerates mainly by thermal expansion of sea water, the so-called steric component. But by studying a very short time interval, it is possible to sidestep most of the complications, like “isostatic adjustment” of the shoreline (as continents rise after the overlying ice has melted) and “subsidence” of the shoreline (as ground water and minerals are extracted).
I chose to assess the sea-level trend from 1915-45, when a genuine, independently confirmed warming of approximately 0.5 degree Celsius occurred. I note particularly that sea-level rise is not affected by the warming; it continues at the same rate, 1.8 millimeters a year, according to a 1990 review by Andrew S. Trupin and John Wahr. I therefore conclude—contrary to the general wisdom—that the temperature of sea water has no direct effect on sea-level rise. That means neither does the atmospheric content of carbon dioxide.
by Gary Ashton, May 12, 2018 in Investopedia
Disruption in Iran could force OPEC to adjust up production levels earlier than it had expected and could prompt U.S. shale drillers in West Texas to drill more. Despite these efforts to fill in for lost supply, analysts at Bank of America still expect oil to reach $100 per barrel in 2019.
OPEC and IEA Reports Up Next
On Monday, traders and analysts will get a look at the latest OPEC monthly oil market report. Key data to watch for are any additional upward revisions to world oil demand. Last month, OPEC revised 2018 world demand growth to 1.63 million barrels per day. Total demand for the year is forecast to average 98.7 million barrels per day. Traders will also be looking at OPEC’s world supply expectations. In last month’s report, OPEC said that it expects non-OPEC supply to grow by 1.71 million barrels per day in 2018, with the U.S. accounting for most of the supply growth.
by Matt McGraph, May 10, 2018 in BBC-Sci&Env
UN negotiations in Bonn are set to end in stalemate today as delegates have become bogged down in technical arguments about the Paris climate pact.
Poorer nations say they are fed up with foot dragging by richer countries on finance and carbon cutting commitments.
Some countries, led by China are now seeking to renegotiate key aspects of the Paris agreement.
by J. Summers and S. Tobben, April 24, 2018 in BloombergMarkets
The Permian shale play is all about setting records. Now, the region may even become the world’s largest oil patch over the next decade.
Output in the basin is forecast to reach 3.18 million barrels a day in May, according to the Energy Information Administration. That’s the highest since the agency began compiling records in 2007. By 2023, the basin may produce 4 million barrels a day, according to the International Energy Agency. The Ghawar field in Saudi Arabia is currently the world’s biggest oil field, with capacity of 5.8 million barrels a day, according to a 2017 EIA report.
by Shane Hoover, April 4, 2018 in Inde.Online.com
Utica Midstream conference gives update on Utica Shale production and development.
NORTH CANTON Ohio has produced more natural gas than it uses since early 2015. Driven by prolific Utica Shale wells, the state produced a record 1.7 trillion cubic feet of natural gas last year.
Much of the regional economic development around that production has been in the form of pipelines and processing facilities.
Two interstate natural gas pipelines — Energy Transfer’s Rover project and the NEXUS Gas Transmission pipeline — cross Stark and neighboring counties.
by Catherine Philp, April 5, 2018 in TheTimes
Sheikh Mohammed bin Khalifa al-Khalifa said it was not yet known how much of the oil could be extracted. The scale of the find, however, is about to make it a big player in the global market, significantly boosting its economy and raising its profile in the region, where it plays a smaller fiddle to its giant neighbour, Saudi Arabia.
See also here
by L’essentiel, 18 mars 2018
Grâce à une production de pétrole en plein boom, les États-Unis exportent désormais sans complexe leur or noir dans le monde, entraînant une refonte des infrastructures sur leur territoire et rebattant les cartes sur le marché mondial. En pompant actuellement plus de 10 millions de barils par jour, le pays est devenu le deuxième producteur de brut au monde, derrière la Russie et devant l’Arabie saoudite. Un essor lié aux nouvelles techniques permettant d’extraire à moindre coût du pétrole de schiste
by P. Hockenos, November 13, 2017 in FPNews
Yet Germany’s image as selfless defender of the climate, which was once largely deserved, is now a transparent fiction. Germany has fallen badly behind on its pledges to sink its own greenhouse gas pollutants. In fact, Germany’s carbon emissions haven’t declined for nearly a decade and the German Environment Agency calculated that Germany emitted 906 million tons of CO2 in 2016 — the highest in Europe — compared to 902 million in 2015. And 2017’s interim numbers suggest emissions are going to tick up again this year.
by J. Worland, March 6, 2018 in Time
The widespread adoption of fracking in the U.S. opened billions of barrels of oil and trillions of cubic feet of natural gas to production and transformed the global energy sector in a matter of a few years. Now, a leading global energy agency says U.S. natural gas is about to do it again.
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.
by W. Mahdi and B. Stanley, March 7, 2018 in Bloomberg
Saudi Aramco, the world’s largest oil exporter, is set to join the shale revolution with plans to start producing unconventional natural gas this month and exploit a deposit that could rival the Eagle Ford formation in Texas.
Saudi Arabia’s gas resources from shale and other alternative supplies are “huge,” Khalid Al Abdulqader, general manager of unconventional resources at Aramco, said Wednesday in Manama, Bahrain. Production at the kingdom’s North Arabia basin will start by the end of March and reach its target by the end of this year, he said, without giving details.
by M. Bastach, March 3, 2018 in DailyCaller
A group of prominent scientists are calling for a global network of advanced weather stations that don’t need to go through controversial data adjustments, and it’s vindication for global warming skeptics.
Seventeen climate scientists co-authored a research article published in the International Journal of Climatology calling for a global climate station network modeled after the United States Climate Reference Network (USCRN) to use as a baseline for data quality.
by J. Hodges and K. Gilblom, March 2, 2018 in BusinessDay
London — Britain’s natural gas fracking industry is using a cold snap that’s gripped large swathes of Europe this week and laid bare weaknesses in the UK’s energy supply to make its pitch.
Britain’s natural gas market has been stretched to its limits as the coldest spell since 2010 tests the nation’s energy and transport network. UK pipeline manager National Grid Plc even urged industry to curb its gas usage while the cold weather persisted. (…)
by E. Krukowska and R. Morison, February 26, 2018 in Bloomberg
European Union nations are poised to endorse the biggest overhaul of the market they created more than a decade ago to rein in pollution, a move that may lift prices of power generated from fossil fuels.
The measures, due for final approval in Brussels on Tuesday, impose tougher requirements on thousands of companies to reduce greenhouse gases or pay higher costs for their carbon dioxide emissions. They’re part of a plan to clear up a flaw in the market that left the cost of CO2 permits well below the level needed to stir investments in green energy.