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WRI: global oil consumption hits all-time high

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between 2008 and 2009 due to the global financial crisis, global oil consumption recovered by 3.1% About one third of this growth came from China, which now uses more than 10% of the world’s oil. The United States, Brazil, Russia, and the Middle East accounted for an additional 48% of the increase. After falling 1.5%

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GE study finds 5% of worlds natural gas production wasted per year by flaring

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A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Click to enlarge. The role that each party plays differs by region.

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Russia Moves To Rein In Gas Flaring, Mandating 95% Gas Capture by 2012; Signals About-Face On Climate Change

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The Russian government has ordered oil companies to take steps to. egregious examples of wasted energy resources. “ We really do need to take quick and decisive action, and no objections from the [oil] production companies should be. Prime Minister Vladimir Putin, directing oil companies to achieve 95%. to this disgrace.

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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8

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New UK energy strategy pushes new nuclear; up to 8 additional reactors

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It has been designed to use less uranium and produce almost a third less long-lived radioactive wastes compared with water reactors in operation today. Under the plan, 95% of electricity by 2030 could be low-carbon, the government said. The strategy will see a significant acceleration of nuclear, with an ambition of up to 24GW by 2050.

Energy 195
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Genomatica raises $45M for demonstration-scale production and commercial plant engineering

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New investors include VantagePoint Venture Partners, the largest investor in this new round; Bright Capital, the venture arm of RU-COM group, a diversified business group based in Russia; and Waste Management. Earlier post.).

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The Case for Nuclear Cargo Ships

Cars That Think

Russia currently operates seven nuclear-powered icebreakers. Launched in 2021, the company has designed a lead-cooled reactor that aims to produce its own fuel by recycling the by-products of conventional reactors, “offering a circular solution to nuclear waste,” he says.