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

Green Car Congress

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). Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference.

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Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

Green Car Congress

The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. The researchers are presenting this work at the Goldschmidt Geochemistry Conference in Barcelona this week. More than 95% of the world’s hydrogen comes from splitting natural gas, above ground, in SMRs.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

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. Russia supplied about 30 percent (146.6

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

Venezuela, an OPEC member, has even proposed an emergency summit meeting. At a conference in Moscow on October 14, President Putin said that Russia had reached if not passed the peak of its economic crisis and predicted economic growth in coming years. IMF WEO Data: Recessions as far as the Eyes can See. percent growth in Q1.

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How to Prevent Blackouts by Packetizing the Power Grid

Cars That Think

Bad things happen when demand outstrips supply. We learned that lesson too well at the start of the pandemic, when demand for toilet paper, disinfecting wipes, masks, and ventilators outstripped the available supply. Clearly, balancing the supply and demand of goods is critical for a stable, normal, functional society.