• 94% Of Shell Shareholders Reject CO2 Emissions Target Proposal

    • Date: 24/05/18
    • Reuters

    Royal Dutch Shell shareholders on Tuesday widely rejected a proposal by an environmental group calling for the oil company to set and publish annual targets to reduce carbon emissions. The vote is a setback for climate activists who are increasing pressure on global oil companies, including U.S. firms Exxon Mobil (XOM.N) and Chevron (CVX.N), to […]

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  • US Shale-Based LNG Gushes Into Asia

    • Date: 22/05/18
    • Nikkei Asian Review

    Japan follows South Korea, China and India in signing long-term contracts A ship carrying U.S. LNG arrived at a port in Yokohama, Japan on Monday. (Photo by Ryosuke Hanafusa) TOKYO — Liquefied natural gas originating from the U.S. is flowing into Asia at an accelerating pace, with Japan becoming the most recent country to buy the […]

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  • South Africa To Speed Up Shale Gas Exploration

    • Date: 22/05/18
    • Oil Review Africa

    The government of South Africa is planning to fast-pace the exploration of shale gas in the southern Main Karoo basin, to maximise production and to reshape the country’s energy economy. This was announced by Gwede Mantashe, minister of mineral resources in South Africa, during his budget speech in the parliament on 15 May 2018. In […]

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  • Rooftop Solar Poses Blackout Threat To Western Australia

    • Date: 21/05/18
    • Jo Nova

    Extraordinary powers designed for emergencies such major power plant failures or bushfires are being triggered to protect WA’s main grid from soaring output generated by rooftop solar panels. In Western Australia the uptake of solar panels has rocketed as electricity prices leaped — there’s a slow motion solar train-wreck underway. Solar PV panels are now […]

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  • Green Europe May Be On The Verge Of Blackouts

    • Date: 16/05/18
    • Bloomberg

    Europe is facing power generation capacity shortages and may even risk blackouts without additional use of natural gas, one of the continent’s biggest producers of the fuel said. “A severe shortage” in generation capacity is expected in the U.K., Germany, and Belgium, Tor Martin Anfinnsen, senior vice president for marketing and trading at Statoil ASA, […]

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  • Are Electric Cars Worse For The Environment?

    • Date: 15/05/18
    • Jonathan Lesser, Politico

    Crunch the numbers, and it looks like all those subsidies might be counterproductive. If you believe the headlines, traditional automobiles are speeding toward a dead end. All those V8s, V6s and turbocharged vehicles we’ve grown to love will soon be replaced by squadrons of clean, whisper-quiet, all-electric vehicles. And if you believe the headlines, the […]

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  • IEA: Air-Conditioning Will Increase Global Electricity Demand To Chinese Levels

    • Date: 15/05/18
    • The New York Times

    The number of air-conditioners worldwide is predicted to soar from 1.6 billion units today to 5.6 billion units by midcentury, according to a report issued Tuesday by the International Energy Agency. If left unchecked, by 2050 air-conditioners would use as much electricity as China does for all activities today. Air-conditioners on a building in Fuzhou, China. A new report predicts […]

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  • Shale Drillers Look Beyond Texas as Prices Rise

    • Date: 14/05/18

    As Permian Basin experiences bottlenecks, companies look to fields in Colorado, North Dakota, Oklahoma and Wyoming Shale drillers are ramping up production in the U.S. as oil prices rise, moving beyond the West Texas oil field that became the country’s drilling center. From Oklahoma to North Dakota, companies are increasing investment in oil fields that […]

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