Tag Archives : natural gas

Ben Quinn, correspondent for The Christian Science Monitor, reports that Virgin owner and megawealthy Richard Branson supports the alarmist ‘warning of an impending peak oil crisis.’ Branson and some fellow British business leaders funded a recent study whose report supports the claim that peak oil will be real by 2015. The impending scenario where [...]

The researchers at the Massachusetts Institute of Technology (MIT) are currently in the process of figuring out the feasibility of an all new energy power plant, that would be able to generate environment friendly energy from natural gas. The MIT proposed revolutionary power plant is expected to cost even less than a conventional natural-gas or coal [...]

The current mantra is to ‘reduce greenhouse gas emissions more than 25 percent by 2020 — and more than 80 percent by 2050.’ While these attempts will curb our dependence on fossil fuels, doing ‘everything possible to promote alternative energy’ may also entail ‘financial, political, and technical pressures as well as time constraints [...]

The considerations have now become political. Today, the production is safer in the deep offshore. The ‘new frontier’ of Nigeria’s oil which is near the coast or in the Delta is a veritable war zone for oil where militants declared war against major oil players and foreign authorities. Several facilities of major oil companies have been under [...]