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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

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At 3%, the 2011 increase in global CO 2 emissions is above the past decade’s average annual increase of 2.7%. savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. combined, where emissions increased by 9% and 6% respectively in 2011.

2011 236
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ExxonMobil plans five-year investment of $185B to develop new energy supplies; 21 major oil and gas projects to begin production between 2012 and 2014

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Tillerson said in a presentation at the New York Stock Exchange. Demand for electricity will make natural gas the fastest growing major energy source and oil and natural gas are expected to meet 60% of energy needs over the next three decades. billion oil equivalent barrels. billion oil equivalent barrels.

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$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

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OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. mb/d for 2035 to 2040.

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Stanford team proposes method for electricity production from oil shale with in situ carbon capture to provide transportation energy with reduced CO2 emissions

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Electricity generation in subsurface provides the heat requirement for retorting. However, liquid hydrocarbon (HC) fuels derived from oil shale have ~1.2-1.75 times the GHG emissions of HC fuels produced from conventional oil on a full-fuel-cycle (well-to-wheels) basis. direct thermal or electrical energy. electricity.

Oil 220
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RPI researchers show power generation from water flow over graphene-coated surfaces; potential for autonomous microsensors for applications in oil and gas exploration

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This discovery could hasten the creation of self-powered microsensors for more accurate and cost-efficient exploration for oil and gas. Hydrocarbon exploration is an expensive process that involves drilling deep down in the earth to detect the presence of oil or natural gas. 03 millimeters by.015 —Dhiman et al.

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IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

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The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. In the New Policies Scenario, the WEO ’s central scenario, the United States becomes a net exporter of natural gas by 2020 and is almost self-sufficient in energy, in net terms, by 2035.

Global 225
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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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Among its many findings, the Reference case suggests that US primary energy consumption will grow by 7% from 2011 to 2040 to 108 quadrillion Btu. However, energy use per capita declines by 15% from 2011 through 2040 as a result of improving energy efficiency (e.g., quadrillion Btu in 2011 to 14.0 Overall findings.

Fuel 225