Latest news from Peakoil.com - Energy feed

Latest news from Peakoil.com - Energy feed

  1. New Honey Research Suggests a Grim Outcome For Bees Worldwide

    10.07 / 21:30 peakoil.com Peakoil.com - Energy
    Just when we thought things were finally looking up for the bee population, researchers have delivered some disheartening — and frightening — news. Swiss researchers recently published a study indicating that a large majority of the world’s bee population is affected by a common (yet controversial) pesticide, which has contributed to the alarming decline in [&#…
  2. Debunking the myths about nuclear fusion

    10.07 / 21:30 peakoil.com Peakoil.com - Energy
    This is the third of three reports about the claims by representatives and proponents of the International Thermonuclear Experimental Reactor (ITER). “The Selling of ITER” published on Jan. 12, 2017. “Former ITER Spokesman Confirms Accuracy of New Energy Times Story” published on Jan. 19, 2017. Abstract (Abstract is Copyleft, duplication permitted but only with attribution [……
  3. ExxonMobil ‘Puts Guyana on the Map’ with Discovery

    10.07 / 14:27 peakoil.com Peakoil.com - Energy
    Exxon Mobil Corp. on Thursday reported its fifth new oil discovery after drilling the Turbot-1 well offshore Guyana with the Stena Carron drillship. “The results from this latest well further illustrate the tremendous potential we see from our exploration activities offshore Guyana,” ExxonMobil Exploration Co. President Steve Greenlee said in a company announcement. “ExxonMobil, along [R…
  4. Where The US Exports Oil And Petroleum Products

    10.07 / 14:27 peakoil.com Peakoil.com - Energy
    This year the U.S. has averaged more than 900,000 barrels per day (BPD) of crude oil exports while continuing to import an average of 8.1 million BPD. In the previous article, I discussed the reasons the U.S. exports oil, despite the fact that we are still a significant net importer of crude oil. In a nutshell, the […
  5. US Shale Juggernaut Shows Signs of Fatigue

    10.07 / 14:27 peakoil.com Peakoil.com - Energy
    American shale companies are starting to tap the brakes on drilling. U.S. oil output remains robust and may still surpass the record annual average of 9.6 million barrels a day, set in 1970. But companies, confronting technological, operational and financial obstacles, are starting to ease up on drilling. The pace of innovation that allowed shale…
  6. Energy East’s demise is Canada’s Peak Oil Divide moment

    10.07 / 14:27 peakoil.com Peakoil.com - Energy
    Canadian leaders cannot despise oil and pipelines and maintain high living standards. Without the goose, there will be no golden eggs. It’s that simple. This week’s cancellation of another oil pipeline – from Alberta to New Brunswick – should not be a cause for celebration as it is in some minds. It represents Canada’s Peak […]…
  7. Is Population Decline Catastrophic?

    10.07 / 14:27 peakoil.com Peakoil.com - Energy
    In the 1970’s we heard the earth was going to get so crowded we’d be falling off. Now the panickers have flipped to population decline. They were wrong in the 70’s, so are they wrong again? Is a declining population catastrophic? Countries from Germany to Japan are investing in mass immigration or pro-birth policies on [R…
  8. Trump expected to decertify Iran nuclear deal

    10.07 / 04:28 peakoil.com Peakoil.com - Energy
    President Donald Trump is expected to announce soon that he will decertify the landmark international deal to curb Iran’s nuclear program, a senior administration official said on Thursday, in a step that potentially could cause the 2015 accord to unravel. The official, speaking on condition of anonymity, said Trump is also expected to roll out […
  9. The future of oil is almost here and it doesn’t look very pretty

    10.07 / 04:28 peakoil.com Peakoil.com - Energy
    The world is propelling fast towards a post-oil future when electric batteries will drive the world. After Elon Musk’s Tesla popularised electric vehicles (EVs), now is the turn for planes to go electric. Boeing and JetBlue Airways have announced they would begin selling a hybrid-electric commuter aircraft by 2022. Planned by start-up Zunum Aero, the…
  10. US Department Of Energy Looks To Subsidize Coal Plants

    10.07 / 04:28 peakoil.com Peakoil.com - Energy
    In a Canute-like move, On September 29, the US Department of Energy sent a proposal to the Federal Energy Regulatory Commission (FERC) that would, if adopted, significantly increase the value of aging coal and nuclear power plants. There are a number of interesting aspects to the DOE’s directive to the FERC. First, what surprised us […
  11. China’s Oil Demand Is Far Ahead Of Last Year’s Pace

    10.07 / 04:28 peakoil.com Peakoil.com - Energy
    OPEC recently released its Monthly Oil Market Report which covers the global oil supply and demand picture through July. OPEC crude oil production decreased by 79,000 BPD in August to average 32.8 million BPD. This marks the first OPEC production decline since April and was primarily driven by sizable outages in Libya. The cartel revised global oil […
  12. Maduro Visits Putin, Proposes Global Oil Trade In Rubles, Yuan

    10.07 / 04:28 peakoil.com Peakoil.com - Energy
    Three weeks after the US imposed financial sanctions on Venezuela in an effort to cripple its economy and choke the Maduro regime, which in turn prompted Caracas to announce it would no longer receive or send payments in dollars, and that those who wished to trade Venezuelan crude would have to do so in Chinese…