Jeff Bezos says his vision is he wants to see millions of people living and working in space. Bezos’ private spaceflight company Blue Origin is currently working with the United Launch Alliance (ULA) to build a new liquid rocket engine called the BE-4. They plan to have rockets flying payloads with the new engine in …
Fisheries and aquaculture support the livelihoods of 10 to 12 per cent of the world’s population. Since 1990 employment in the sector has grown at a faster rate than the world’s population and in 2012 provided jobs for some 60 million people. Of these, 84 per cent were employed in Asia, followed by Africa with …
The Economist World in 2015 has its forecast for economic growth. The work was done before the outlook for oil prices clearly became far lower. Indonesia, Mexico, Saudi Arabia and Nigeria are quite high in the rankings based on purchasing power parity (PPP). In 2019, India is projected to be half of the USA economy …
Replacing half a mouse’s brain with human glial cells, the cells that support neurons with a protective substance called myelin, doesn’t mean the mice are any more human, per se. Rather, researchers hope the advance will build on prior work that lets them understand more about diseases of the brain. Though cell cultures offer a …
The Chinese government and banks will finance Chinese companies to build $45.6 billion worth of energy and infrastructure projects in Pakistan over the next six years, according to new details of the deal seen by Reuters on Friday. China has promised to invest around $33.8 billion in various energy projects and $11.8 billion in infrastructure …
The New York Times reported that Russian money is supporting fracking protests in the USA. Lithuania and Romania had potential gas projects with Chevron. Chevron ran into a wave of unusually fervent protests and then decided to pull out. Russian involvement has not yet been backed up by any clear proof. And Gazprom has denied …
The Wall Street Journal talked about how Russia’s Debt and Currency Markets Could Spiral into Crisis in October. This was before Opec decided to keep oil production and drove down the price of oil. Some now speculate that oil prices could drop to $30 to $40 per barrel before later stabilizing around $70 per barrel. …
Canadian Natural Resources Ltd. Chairman Murray Edwards said crude oil may sink as low as $30 a barrel before rebounding to stabilize at $70 to $75 a barrel, the Financial Post reported. Oil has dropped 38 percent this year and, in theory, production can continue to flow until prices fall below the day-to-day costs at …
Coal was used to produce about 43-51 per cent of the electricity used in Alberta, 63 per cent in Saskatchewan, 60 per cent in Nova Scotia. Ontario stopped using coal for electricity this year. About 4 million tons per year is use for steel production and other industrial purposes. The Alberta Utilities Commission (AUC) brushed …
For years, China alone propelled fully 50 per cent of the annual world growth in oil demand. Slower growth in China may prevent it from supporting global energy demand for a while. “The oil price will be range-bound between $60 to $80. There’s not another cycle coming. You look at China’s infrastructure – it’s built.” …
In April 2014, Ontario became the first jurisdiction in North America to fully eliminate coal as a source of electricity generation. The Thunder Bay Generating Station, Ontario’s last remaining coal-fired facility, has burned its last supply of coal. Ontario has fulfilled its commitment to end coal generation in advance of its target of the end …