Remove 2000 Remove Coal Remove Cost Of Remove Oil
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Sasol to Study Viability of $10B Coal-to-Liquids Project in Indonesia

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Sasol and the Indonesian government have signed a preliminary agreement to study the viability of developing a coal-to-liquids facility project in Indonesia, with estimated project cost of more than $10 billion. This is in line with Indonesia’s energy policy, which aims to diversify from oil to coal.”.

Indonesia 186
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Fossil Fuel Production Up in 2008 Despite Recession

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World production of fossil fuels—oil, coal, and natural gas—increased 2.9% million tons of oil equivalent (Mtoe) per day, according to a Worldwatch Institute analysis. Energy prices reflected this shift: oil peaked at $144 per barrel in July, then fell to $34 per barrel in December. Oil production reached 10.7

2008 150
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Study concludes abundant shale gas is neither climate hero nor villain; need for targeted GHG reduction policy

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They also found that abundant natural gas can, however, help reduce the costs of achieving GHG reduction goals. Advances in technologies for extracting oil and gas from shale formations have dramatically increased production in the United States. With this abundance of natural gas comes a variety of questions. Resources.

Climate 199
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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

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A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas.

Chicago 150
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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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Vehicle penetration 2000 to 2040. This slower growth is attributed to the relatively higher cost of the vehicles, driven by the cost of batteries. China will see the largest increase—more than 4 million oil-equivalent barrels per day. In 2010, about 75% of the world’s vehicles were in OECD countries. Natural gas.

Oil-Sands 309
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War in Ukraine: We Need to Talk About Fossil Fuels

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Russia is the world’s second largest producer of crude oil, behind the United States and ahead of Saudi Arabia, and its second largest exporter, behind Saudi Arabia. On 28 February, British Petroleum announced it would divest itself of its nearly 20 percent share of Rosneft , Russia’s state oil company. Consumption of E.U.-produced

Ukraine 117
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Headwaters Inc and Axens Form Direct Coal Liquefaction Alliance

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Headwaters direct coal liquefaction process. Headwaters Inc and Axens are forming a strategic alliance to provide a single-source solution for producing synthetic fuels by direct coal liquefaction (DCL) alone or in combination with refinery residues or biomass. billion from 1975-2000 to develop DCL technology. Click to enlarge.

Coal 170