India population to surpass China mid-year

India is set to overtake China as the world’s most populous country by mid-year with almost three million more people, UN estimates showed on Wednesday. India’s population will be 1.4286 billion compared to China’s 1.4257 billion at mid-year, the United Nations Population Fund’s State of World Population report showed. The number of people in China […]

China’s ‘Artificial Sun’ Smashes Nuclear Fusion Record

China’s “artificial sun” has reached a new milestone in the rapidly advancing field of nuclear fusion. On April 12, a superhot fusion plasma was generated, sustained and confined for 403 seconds, bringing commercial-scale fusion energy one step closer to reality, national media reported. Nuclear fusion creates energy in the same way as our sun. The […]

Energy Security Trumps Sustainability

In the last year, energy security has trumped sustainability. That’s what Tom Ellacott, Wood Mackenzie’s Senior Vice President for Corporate Research, said in a statement sent to Rigzone, adding that “companies, too, have benefited from recent commodity prices and margins to deliver record cash flow”. “That is not to say that decarbonizations goals cannot be […]

Peak Oil And The Flawed Logic Of Infinite Economic Growth

Join activist Keith Akers in a fascinating deep-dive interview on climate change and ecological sustainability. In his upcoming book, Embracing Limits, Akers asks tough questions about the impact of anthropogenic climate change and proposes a truly sustainable future with economic degrowth at its core. In this conversation, Akers discusses his personal journey in learning about […]

From Warzone to Fusion Power: Breakthrough in Cooking Up Plasmas With Microwaves

Plasma physicists from Ukraine, Germany and Japan collaborate to spark fusion power. Despite being forced to evacuate the Kharkiv Institute of Physics and Technology due to the Russia-Ukraine war, lead author Yurii Victorovich Kovtun has collaborated with Kyoto University to create stable plasmas using microwaves. Plasmas must be maintained at the correct density, temperature, and […]

France Taps Emergency Fuel Stocks as Strikes Hobble Production

France is dipping into strategic stockpiles of fuels like gasoline and diesel for at least the third time in a year, with strikes over pension reforms decimating production and hampering logistics. The country has released more than 10 million barrels of oil since the latest spate of labor action started just over three weeks ago. […]

U.S. Oil Production Flattens as Saudi Arabia, Russia Cut Output

U.S. exploration and production (E&P) firms kept crude output even last week amid an uncertain demand outlook and expectations for steep cuts to global supplies. E&Ps produced 12.2 million b/d for the week ended March 31, according to the U.S. Energy Information Administration’s (EIA) Weekly Petroleum Status Report (WPSR) on Wednesday. The result was flat […]

World population could fall to 6 billion by 2100: study denies UN estimates

The UN is wrong: in 2100 the number of inhabitants of the earth will not be 10.9 billion, but much less than the 8 billion reached in November. This is because global population decline will begin much earlier than the end of the century, perhaps within the next 30-40 years. The economist of Hsbc James […]

The Saudis Push Peak Oil Even Higher in China

Every year, state-owned giant China National Oil Corp. publishes an estimate of when the country’s oil demand might peak. Over the last few years, the date hasn’t changed much — give or take, around 2030 — but the apex just keeps moving higher. In 2018, CNPC said Chinese consumption would climax at about 690 million metric tons. In […]

Limits to Growth Revisited

Oh my God — we’re doomed.  The UN’s Panel on Climate Change came out with a frightening report earlier this month that we are sitting on a global time bomb, and according to CNN, “time is running out,” without immediate drastic action.  The UN report states that if global temperatures reach 1.5 C above the pre-industrial […]

“Population bomb” could be less damaging then predicted, new study suggest

A recent study estimates the global population will hit a peak of 8.8 billion around the middle of this century, before rapidly declining soon after. Prior studies predicted the “population bomb” to go off later with a higher worldwide population, coupled with more catastrophic results. Despite the optimistic outcome of this study, it is only […]

Will The Oil Price Recovery Last?

Following a 10% slump in two weeks, oil prices jumped by 5% on Monday as concerns about the banking sector eased and 400,000 bpd of crude exports from Kurdistan were shut in. The move lower in oil prices this month was driven by broader market jitters amid a liquidity scare in the banking sector, which […]

Donald Trump indicted on criminal charges in New York

Donald Trump has been indicted following a years-long investigation by Manhattan prosecutors that has led to the first criminal charges against a former US president in the country’s history. The district attorney’s office confirmed the charges, which remain under seal. Susan Necheles, a lawyer for Trump, said he would surrender to be arraigned in court […]

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