• Germany’s ‘Ticking Time Bombs’: Wind Turbines Pose Significant Risk To Environment

    • Date: 23/06/18
    • P Gosselin, No Tricks Zone

    As much of Germany’s nearly 30,000 strong fleet of wind turbines approach 20 or more years in age, the list of catastrophic collapses is growing more rapidly. The turbines are now being viewed by technical experts as “ticking time bombs”. According to a commentary by Daniel Wetzel of online German Daily ‘Die Welt’, the aging rickety wind turbines […]

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  • Shale Revolution Turns 10: U.S. Shale Production Growth Accelerating, Reshaping Geopolitics

    • Date: 21/06/18
    • Business Wire

    Ten years since start of U.S. “Shale Gale,” pace of production growth is only accelerating and continues to reshape the energy, economic and geopolitical landscape, new report finds A decade since the start of a shale gas revolution that unlocked new supplies and resulted in a “wholesale turnaround” in U.S. production, the overall size of […]

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  • Pipelines Bottleneck: The Biggest U.S. Oil Patch Is Near Its Limit

    • Date: 20/06/18
    • Bloomberg

    The biggest U.S. shale region will have to shut wells within four months because there aren’t enough pipelines to get the oil to customers, the head of one of the industry’s largest producers said. The worsening bottleneck in the Permian region that straddles west Texas and New Mexico offers an unexpected fillip to OPEC and […]

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  • Another Green Scare Debunked: Studies Show Groundwater Not Contaminated By Fracking

    • Date: 19/06/18
    • Associated Press

    New research suggests drinking water supplies in Pennsylvania have shown resilience in the face of a drilling boom that has turned swaths of countryside into a major production zone for natural gas. Energy companies have drilled more than 11,000 wells since arriving en masse in 2008, making Pennsylvania the nation’s No. 2 gas-producing state after […]

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  • Where Will U.S. Frackers Drill Next?

    • Date: 19/06/18
    • Tsvetana Paraskova, OilPrice.com

    With WTI oil prices staying above $60 a barrel for several months, U.S. drillers are breaking production records each week, mostly thanks to the Permian in West Texas and New Mexico. In recent months, however, some companies have started to test their fracking capabilities on oil fields that most agree reached their peak production decades ago. Drillers believe […]

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  • U.S. Oil Firms Use Shale Know-How To Revitalise Old Oilfields

    • Date: 17/06/18
    • Reuters

    After shale producers pushed U.S. oil and gas output to all-time highs, some are now taking what they have learned to fields that until recently were considered played out. Among vineyards and cow pastures in east Texas last month, roughnecks started to drill in an oilfield that is 25 years past its production peak. Houston-based […]

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  • Green Warning: Renewables Won’t Be Competitive Without New Carbon Tax Or Policy Changes

    • Date: 15/06/18
    • Wind Power Monthly

    Accelerating the expansion of renewable energy sources could threaten their competitiveness, a new report has claimed. Onshore wind prices initially fell as Germany held its first auctions, but costs have risen in the last two tenders (pic credit: Siemens) Germany’s minister for the economy and energy Peter Altmaier believes renewables will become “fully competitive” with […]

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  • Hail Shale: China and India Want to Buy More U.S. Oil to Counter OPEC

    • Date: 14/06/18
    • Bloomberg

    Two of Asia’s largest crude buyers are considering teaming up to buy U.S. supplies and counter OPEC’s dominance in the world’s biggest oil market. India and China are discussing ways to boost imports of U.S. crude to Asia, a move aimed at reducing their dependence on cargoes from members of the Organization of Petroleum Exporting […]

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