Oil markets are driving a sense of optimism in the natural gas market “not seen in years,” according to analysts at the Bank of America Global Research. That’s because the collapse in oil prices accelerated the timeline for associated gas declines as many oil producers look to shut-in production or …
Read More »Recycling Tackles the Polyurethane Foam Problem
In its flexible form, polyurethane foam is commonly used in large-scale applications including automobile interiors, carpet underlay, mattresses, acoustic foam and many other types of cushions. Rigid forms of the foam are also popular in the construction industry, with building insulation a primary use. Though many of these items are …
Read More »Iran Prepared to Conduct Mineral Explorations in Regional Countries
Deputy head of Iran’s Geological Survey and Mineral Explorations (GSI) Mohammad Baqer Dorri said that GSI will apply its modern equipment to do mine explorations in the regional states as the country has done related operations in various regions of the world. “There are 68 kinds of minerals in Iran …
Read More »Market Uncertainty Helps Qatar to Secure Top Spot in Global LNG Market
Despite – or perhaps because of – the global overhang in liquefied natural gas (LNG) supplies, a weak demand profile, and ongoing uncertainty in the hydrocarbons market overall, Qatar believes that the long experience and supportive infrastructure that it has accrued in the sector since first becoming an LNG exporter …
Read More »Global LNG Sector Faced with Depressed Demand and Falling Prices
The global liquefied natural gas (LNG) sector has been hit by supply overhang followed by COVID-19-induced economic slowdown and lower demand worldwide. Haseeb Ahmed, oil and gas analyst at GlobalData, commented, “Due to the sharp fall in oil prices, spread between oil-indexed long-term LNG contracts and spot contracts have considerably …
Read More »New Solution for Cooling Solar Panels
A new technique for cooling solar panels has been under development in Egypt. A mixture of water, aluminum oxide, and calcium chloride hexahydrate cools the PV modules from underneath. This research, conducted in Cairo, builds on earlier research this spring that France’s Sunbooster was exploring. The technology found success and …
Read More »Google Turns Demand Management on Its Head to Cut Data Center Emissions
As more and more renewable energy comes on to the grid, networks are having to deal with more intermittent supplies from wind and solar power. Energy storage using batteries and other technologies are one answer, enabling surplus energy that is produced at times of low demand to be stored and …
Read More »Hydrogen could Meet 24% of the World’s Energy Needs by 2050
Technologies that reduce carbon emissions are one of the most effective targets for the trillions of dollars of spending tied to coronavirus relief programs, more than 200 central bankers, Group of 20 finance ministers and top academics concluded in a study released this week. There are three sets of clean …
Read More »Iran’s Foreign Exchange Bank Reserves in Appropriate Condition
Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati on Sunday stated that the most important monetary policy is to curb inflation, said that despite the decrease in oil revenues under the influence of oppressive sanctions and a sharp decline in oil prices, the situation of the country’s foreign exchange …
Read More »The Miracle of BP’s Zero-Emissions Goal
When Lord Browne ran BP (formerly British Petroleum) from 1995 to 2007, those initials also stood, aspirational, for “Beyond Petroleum”. The company made renewable energy investments that complemented its green and yellow flowery trademark. But Browne’s corporate investments in renewables were early. His successor Tony Hayward abandoned renewables and resumed …
Read More »