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NASA’s New Earth Space Mission maps methane ‘super-emitters’

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But EMIT has demonstrated another capability: detecting the presence of methane, a potent greenhouse gas. In the data EMIT has collected since being installed on the International Space Station in July, the science team has identified more than 50 “super-emitters” in Central Asia, the Middle East, and the Southwestern United States.

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Opinion: How Much Longer Can OPEC Hold Out?

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OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. The EIA even predicts that OPEC’s net oil exports (excluding Iran) could fall to as low as $380 billion in 2015.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. percent of GDP in 2014.

Russia 150
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Harvard Kennedy School researcher forecasts sharp increase in world oil production capacity and risk of price collapse

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The findings by Leonardo Maugeri, a former senior executive vice president of the oil company Eni, and now a fellow in the Geopolitics of Energy Project in the Kennedy School’s Belfer Center for Science and International Affairs, are based on an original field-by-field analysis of the world’s major oil formations and exploration projects.

Oil 261
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Opinion: The Current Oil Price Rally Is Reaching Its Limits

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million barrels per day (mb/d) in April 2015. Iran also continues to add production, albeit at a slower-than-expected rate. Neil Atkinson, head of the oil market division at the International Energy Agency (IEA), largely agrees with the potential shale restart. “If That has sparked a renewed sense of optimism among oil traders.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040. Across OECD nations, the Outlook assumes the implied cost of policies to reduce greenhouse gas emissions will reach about $80 per tonne in 2040.

Energy 252
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Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

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EIA said that US production will fall by 1 million barrels per day over the next year and that, “expected crude oil production declines from May 2015 through mid-2016 are largely attributable to unattractive economic returns.”. IEA data shows that the current second-quarter 2015 production surplus of 2.6 percent in August 2015.

Oil 150