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IEA: global map of oil refining and trade to be redrawn over next 5 years

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Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA). —IEA Executive Director Maria van der Hoeven.

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Ukraine Is Riddled With Land Mines. Drones and AI Can Help

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In 2019, we trained a machine learning model by scattering inert PFM-1 land mines and collecting visual imagery via drone flights in various environments, including roads, urban areas, grassy fields, and places with taller vegetation. Our resulting model correctly detected 92 percent of PFM-1s in these environments, on average.

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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

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That is a feature that is hard to overemphasize in today’s oil pricing environment. Moody’s Investors Service sees the contraction as too little to make a significant dent in the global supply gut. Moody’s sees global oil production rising by 1 million barrels per day in both 2015 and 2016.

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Study finds economic losses due to health burdens caused by in-car PM2.5 exposure inversely proportional to per capita GDP

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Surrey’s Global Centre for Clean Air Research (GCARE) set out to investigate whether the amount of PM 2.5 Our global collaborative project has confirmed that air pollution disproportionately affects developing countries. 2021) “Potential health risks due to in-car aerosol exposure across ten global cities.” El-Gendy, A.,

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. This increase in output occurs with the context of a narrow global demand opportunity.

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Drivers from the world’s poorest cities who keep their windows down are exposed to 80% more air pollution

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Car users from the world’s least affluent cities are exposed to a disproportionate amount of in-car air pollution because they rely heavily on opening their windows for ventilation, according to a new global study led by researchers at the University of Surrey. In-Car Particulate Matter Exposure across Ten Global Cities.” Morawska, L.,

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Opinion: Why oil prices must go up

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It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil. Total global investment in oil and gas exploration grew rapidly over the last 15 years. by Nick Cunningham for Oilprice.com.