Archives de catégorie : press and newspapers

A ‘Major Second Wave’ of U.S. Fracking Is About to Be Unleashed Upon the World

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.

The Next Entrant in the Shale Revolution? OPEC’s Saudi Arabia

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.

Scientists Admit We Need Better Thermometers To Measure Climate Change

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.

UK looks to fracking as cold snap exposes its poor energy supply

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. (…)

Pollution Market Gets a Boost in EU With Move to Reduce Glut

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.

‘Very, very scary’: This mammoth new shale drilling method is about to supersize the future of fracking

by Alex Nussbaum, February 23, 2018 in BloombergNews


Cube development,’ which taps multiple layers of shale all at once, could accelerate the U.S. shale boom and make the global supply glut even worse.

In the scrublands of West Texas there’s an oil-drilling operation like few that have come before.

Encana Corp.’s RAB Davidson well pad is so mammoth, the explorer speaks of it in military terms, describing its efforts here as an occupation. More than 1 million pounds of drilling rigs, bulldozers, tanker trucks and other equipment spread out over a dusty 16-acre expanse. As of November, the 19 wells here collectively pumped almost 20,000 barrels of crude per day, according to company reports.

OPEC’s Oil Price Nightmare Is Coming True

by Julian Lee, February 11, 2018 in BloombergGadlfy


The latest surge in U.S. oil output will probably hasten the country’s rise to the top of the producer pile. More important, it’s starting to look as though at least half of OPEC’s nightmare scenario for 2018 — a surge in shale output and slowdown in demand growth — is coming true.

Last week’s avalanche of releases from the U.S. Department of Energy showed daily oil production above 10 million barrels a day for the first time since 1970.

U.S. on Track to Top Russia as World’s Largest Oil Producer, Upending Global Trade and Geopolitics

by Haaretz and Reuters, January 29, 2018


Surging shale production is poised to continue pushing U.S. oil output to more than 10 million barrels per day – toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago. The U.S. government forecasts that the nation’s production will climb to 11 million barrels a day by late 2019, a level that would rival Russia, the world’s top producer.

(…)

New technology, new fields

The next phase of shale output growth depends on techniques to squeeze more oil from each well. Companies are now putting sensors on drill bits to more precisely access oil deposits, using artificial intelligence and remote operators to get the most out of equipment and trained engineers.

GREEN MYTH EXPOSED: CHINA’S CO2 EMISSIONS JUMPED BY 4% LAST YEAR

by The New York Times, January 26, 2018 in GWPF


Experts say one annual increase doesn’t indicate China is returning to an era when its emissions grew by leaps and bounds. But the increase illustrates the challenges and compromises Beijing must juggle if it wants to stoke its economy and at the same time keep its environmental promises. […]

See also here and  here

Oil Boom Gives the U.S. a New Edge in Energy and Diplomacy

by Clifford Krauss, January 28, 2018 in TheNewYorkTimes


HOUSTON — A substantial rise in oil prices in recent months has led to a resurgence in American oil production, enabling the country to challenge the dominance of Saudi Arabia and dampen price pressures at the pump.

The success has come in the face of efforts by Saudi Arabia and its oil allies to undercut the shale drilling spree in the United States. Those strategies backfired and ultimately ended up benefiting the oil industry.

Overcoming three years of slumping prices proved the resiliency of the shale boom. Energy companies and their financial backers were able to weather market turmoil — and the maneuvers of the global oil cartel — by adjusting exploration and extraction techniques.

Les émissions de CO2 augmenteraient de 50 % d’ici 2030 si les centrales nucléaires fermaient

by Le Vif Express, 9 décembre 2017


La fermeture des centrales nucléaires belges pourrait entraîner une augmentation de 50% des émissions de CO2 liées à la production d’énergie d’ici 2030, selon le professeur d’économie Johan Albrecht (UGent – Université de Gand), qui est également membre de l’institut de réflexion Itinera. Cela alors que le gouvernement fédéral et les entités fédérées doivent négocier dans les semaines à venir le Pacte énergétique, qui doit fixer l’avenir de la production d’électricité en Belgique.

Sharks FREEZE and Niagara Falls turns to ice as US temperatures hit staggering -37 degrees

by Will Kirby, December 31, 2017 in SundayExpress


More than 220 million Americans are preparing for the coldest New Year in living memory as the cold snap that has swept across the northern states prompts chaos across the country.

Temperatures atop the highest peak in the north-east, Mount Washington, hit a shocking -37 degrees celsius – breaking the previous record at the Mount Washington Observatory in New Hampshire of -35C which was set in 1933.

NINE YEARS AGO… Al Gore Predicted North Pole Would Be Completely Ice Free by Today

by Jim Hoft, December 28, 2017 in GatewayPundit


NINE YEARS AGO THIS MONTH—
Al Gore predicted the North Polar Ice Cap would be completely ice free in five years.
Gore made the prediction to a German audience in 2008. He told them that “the entire North ‘polarized’ cap will disappear in 5 years.”

This wasn’t the only time Gore made his ice-free prediction. Gore’s been predicting this since 2007.

See also here