Saudi Aramco CEO calls energy transition strategy a failure
Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current energy transition strategy as a misguided failure on Monday.
Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current energy transition strategy as a misguided failure on Monday.
Environment
Mar 28, 2024
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Researchers from the University of Maryland and a leading university in Spain demonstrate in a new study which sectors could put the entire U.S. economy at risk when global oil production peaks ('Peak Oil"). This multi-disciplinary ...
Environment
Oct 16, 2013
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Fears of depleting the Earth's supply of oil are unwarranted, according to new research, which concludes that the demand for oil – as opposed to the supply – will reach its own peak and then decline.
Earth Sciences
Jul 10, 2013
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What happens when a handful of the world's largest oil fields accounting for two-thirds of the world's oilrun dry? What are the implications of such a prospect for food production, economic growth and ultimately, ...
Earth Sciences
May 30, 2012
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Even if the finite nature of the resource stocks is not the only factor that influences oil prices, speculation also plays a role in this process: peak oil, that is the point in time when oil production cannot be increased ...
General Physics
Apr 14, 2011
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A new pilot biomass processing plant at the University of Sydney gives researchers an opportunity to improve biofuel production, taking it a step closer to becoming a commercially viable, sustainable energy source.
Other
Sep 14, 2010
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(PhysOrg.com) -- One of the arguments that some bring up in defense of alternative energy is that of "peak oil." The idea behind peak oil is that, as a fossil fuel in limited supply, eventually we will reach a point where ...