That is a problem, and we are here to exchange clean energy applications to deal with fossil oil
from the very first stages.
Since the developed countries have the biggest MFIs, the preferred choice remains fossil oil
Furthermore, the study addresses the changes in global reserves of fossil oil
and shale oil and gas, and the ranking of countries according to global reserves.
The study showed the extent of the implications for water resources because of large amounts of water consumption during shale oil and gas extraction process, so the shale oil and gas production in countries with limited water resources is not appropriate, in addition that the fossil oil
extracted from dry land available in large quantities in the Middle East and Russia is considered a global competitor in terms of production and transport costs compared to oil-shale.
Over the years experts have been saying that Pakistan has to change its energy mix that is heavily skewed towards fossil oil
The article also points out that thanks to hydraulic fracturing, extraction of fossil oil
and fossil gas gained a new lease on life.
These people are already anticipating that the traditional sources of power - fossil oil
and natural gas - will not be forever.
Company LLC, an independent oil and gas exploration and production company, has finalised negotiations with Ranken Energy Corporation of Edmond, Oklahoma, the Operator, for the right to participate in any and all oil & natural gas drilling prospects generated from this state-of-the-art 3D seismic data in McClain County, Oklahoma.
Abdulmajeed Al-Shatti, member of the petroleum supreme council, said fossil oil
would remain the only energy source, projecting energy demand to surge by 54 percent up until 2035.
He said we have to shift our focus from burning fossil oil
to renewable energy sources.
Biofuels made from starch, sugar and oilseed crops could displace substantial volumes of diesel, kerosene and jet fuel currently produced from fossil oil
, IEA said.
com)-- Global Intelligence Alliance (GIA), a global strategic market intelligence and advisory group, releases a white paper, How to Profit from Biogas Market Developments, which predicts that biogas will be the next threat to fossil oil
and gas businesses.