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EIA ups total shale oil resource estimate by 13% to 419B barrels, shale gas by 4% to 7576 Tcf

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The US Energy Information Administration (EIA) continues to expand its assessment of technically recoverable shale oil and shale natural gas resources around the world. Each of the countries has an existing oil and natural gas industry with infrastructure connecting the basins to global markets. Bcf/d from 2005 to 2014.

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

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Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). It is headquartered in Doha, Qatar.

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Summary of decisions from Durban climate conference

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markets all remain in action as effective tools to leverage global climate action and as models to inform. future agreements. the coordination of adaptation actions on a global scale; and a Technology Mechanism, which are to become fully operational in 2012. of resources from a variety of sources. Adaptation.

Climate 294
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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. Are the futures market, CNBC’s oil traders, analysts, and major fund investors, and others, being lulled into an unjustified consensus? Market” forces include many components.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Denis Khramov, Russia’s deputy Minister of Natural Resources, said September 28 at a conference in Russia’s Far East that Rosneft and Gazprom are delaying some offshore drilling by two to three years because of sanctions and low oil prices. from a market for Russian crude and natural gas (via LNG) to a global competitor.

Russia 150
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War in Ukraine: We Need to Talk About Fossil Fuels

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This war will have many long-term consequences, but possibly none more important than its effects on the future of the European energy supply. Russia’s energy resources are enormous and Europe’s dependence on them is deep and pervasive. But Russia’s importance as an exporter of natural resources goes far beyond hydrocarbons.

Ukraine 127
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Study finds well-to-wheels GHG emissions of GTL diesel lower than that of petroleum diesel when co-product displacement is considered

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The GTL pathway model they used is based on global current or imminent GTL production, representing “ an industrially relevant average ” of the GTL process (the model GTL facility is located in Qatar). Several issues suggest future work. GTL Naphtha. Co-products. —Forman et al. Forman, Tristan E.

Diesel 290