article thumbnail

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

Green Car Congress

average economic growth rate between 2000 and 2019, continuously expanding domestic gas production, attracting investors, and enhancing knowledge and technologies exchange. As a holder of the fourth-largest volume of gas reserves worldwide, Turkmenistan has been unlocking the potential of natural gas, leading to an 11.5%

article thumbnail

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

The loss of oil supplies in Libya and elsewhere was eventually more than offset by large production increases among Middle Eastern OPEC members, leading to record oil production in Saudi Arabia, the UAE and Qatar. or 10,000 bpd equivalent), the lowest rise seen since 2000. of global energy use, losing share for 12 consecutive years.

Coal 261
article thumbnail

New EIA report boosts estimates of global recoverable shale oil resources 10-fold to 345 billion barrels

Green Car Congress

million barrels per day in 2000 to an average of 1.9 The EIA noted that the growth in tight oil production shows how important shale oil production has become in the United States. US tight oil production increased from an average 0.2 million barrels per day in 2012 for 10 select formations. million barrels per day in December 2012.

Oil 281
article thumbnail

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

Green Car Congress

The much smaller amount of global CO 2 emissions from gas flaring did not change significantly in 2011, with the largest increases occurring in the United States and Russia, and the largest decrease occurring in Libya. Japan (4%). Since 2002, annual economic growth in China accelerated from 4% to 11%, on average. tonnes per capita.

2011 236
article thumbnail

Study reports non-US global shale gas recoverable resources of 5,760 Tcf; global shale gas boosts total recoverable natural gas resources by 40%

Green Car Congress

In addition to the United States, this group includes Canada, Mexico, China, Australia, Libya, Algeria, Argentina, and Brazil. Tcf in 2000. The second group is those countries that already produce substantial amounts of natural gas and also have large shale resources. In 2010, US shale gas production reached 4.87

Gas 210