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PwC: Global Carbon Budget For 2000-2050 Could Be Exhausted By 2034

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Global accounting firm PricewaterhouseCoopers has analyzed carbon emissions from 2000 to 2008 and concluded that the world’s “carbon emissions budget”, or ability to emit carbon dioxide while still maintaining a “fair chance” of limiting average global temperatures to no more than 2 ºC (3.6 Click to enlarge.

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BP establishing $100M international research center for advanced materials for energy and industrial applications

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BP will establish a $100-million international research center, the BP International center for Advanced Materials (BP-ICAM) to lead research to advancethe fundamental understanding and use of materials across a variety of energy and industrial applications. —Bob Dudley, BP group chief executive.

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GECF: more than a quarter of 2050 natural gas supply untapped

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average economic growth rate between 2000 and 2019, continuously expanding domestic gas production, attracting investors, and enhancing knowledge and technologies exchange. As a holder of the fourth-largest volume of gas reserves worldwide, Turkmenistan has been unlocking the potential of natural gas, leading to an 11.5%

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China’s New Breeder Reactors May Produce More Than Just Watts

Cars That Think

Not so in China, India, and Russia. Starting even earlier, Russia has built two fast breeder reactors, which are still operating today. But Russia has decided not to build another one until the 2030s, because they are more expensive than conventional water-cooled reactors. This provides a way to get around that.”.

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QUANTIFY Study Finds GHG Emissions from Global Transport Could Double Their Net Contribution to Warming by 2100

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Transport emissions could double their current relative net contribution to global warming by 2100, according to a new study by researchers at the Oslo-based Centre for International Climate and Environment Research (CICERO) in Norway. More travelling and international trade drive the emission increase. million (US$12.6

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New EIA report boosts estimates of global recoverable shale oil resources 10-fold to 345 billion barrels

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EIA commissioned Advanced Resources International, Inc. million barrels per day in 2000 to an average of 1.9 The United States would be ranked second after Russia for shale oil resources and fourth after Algeria for shale gas resources if compared with the 41 countries assessed. million barrels per day in December 2012.

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BASF and Gazprom agree on asset swap; BASF’s Wintershall expanding production of oil and gas, exiting gas trading and storage business

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BASF and Russia’s Gazprom signed a legally binding basic agreement to swap assets of equivalent value. Through the agreement, Gazprom and BASF are confirming their strategic partnership on the international energy market. Wintershall has been the preferred partner of Gazprom for many years in the production of natural gas in Russia.

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