BREAKING: New Tech Just Unlocked A Trillion Barrels Of Oil

“Heavy Oil” is basically a dirty word in the energy world. But that’s all about to change. Technology company Petroteq Inc. is using a new proprietary Enhanced Oil Recovery (EOR) system that could completely revolutionize oil sands extraction. This technology just might be the key to unlocking the next wave of the energy boom leading …

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Lack of Oil Pipeline Capacity

TransCanada Corp.’s cancellation of the Energy East pipeline leaves Canadian oil producers more dependent than ever on the Keystone XL and Trans Mountain proposals, two projects facing ardent opposition in their own right. Energy East would have given oil producers in Alberta and Saskatchewan, who are heavily dependent on buyers in the U.S., another market …

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Bitumen tar balls could move in idle railcars, trucks built for coal to transform movement of heavy oil

A Calgary engineer thinks an invention he stumbled upon in the laboratory could transform the way Alberta gets its heavy oil to market. Ian Gates was researching ways to upgrade bitumen when he and his team accidentally found a way to degrade it, making it even more viscous — which, in turn, led to a …

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Canada oilsand production adapts to lower prices and ramps up

Canada’s oil-sands companies including Devon Energy Corp., Suncor Energy Inc. and Cenovus Energy Inc. have ramped up operations and production. Their thermal production sites are running as much as 30 percent above capacity this year, squeezing barrels from existing production sites to maximize revenue. Oil sands will be second to shale as the biggest contributor …

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Near term Improved batteries will enable commercialized flying cars

Technologies are maturing and converging to make small, affordable airplanes feasible says Brian German, an aerospace researcher at Georgia Tech. German argues that lighter and more powerful electric motors, batteries that can store more energy, and more sophisticated aviation software could transform the market for small aircraft. Each time batteries improve, electric airplanes can be …

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US Supercomputer Chip ban delayed China’s 100 petaFLOP computer by 8 months and contributed to Intel laying off 12,000 employees

In April 2015, the US government refused to let Intel help China update the world’s biggest supercomputer. The Tianhe-2 used 80,000 Intel Xeon chips to generate a computational capacity of more than 33 petaflops. In 2015, the Chinese machine was due to undergo a series of upgrades to boost its number-crunching abilities past 110 petaflops. …

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TensorFlow – Google’s latest machine learning system, is open sourced for everyone

Google is announcing TensorFlow, its open ­source platform for machine learning, giving anyone a computer and internet connection (and casual background in deep learning algorithms) access to one of the most powerful machine learning platforms ever created. More than 50 Google products have adopted TensorFlow to harness deep learning (machine learning using deep neural networks) …

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Universal flu vaccine is near and could potentially save billions of dollars each year and thousands of lives

Researchers say they are closer to developing a vaccine to give life-long protection against any type of flu, after promising trials in animals. Two separate US teams have found success with an approach that homes in on a stable part of the flu virus. That should remove the problem with current flu vaccines which must …

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Fishing provides key jobs and nutrients for the world’s poor and fish farming can increase 50% by 2022

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 …

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UK funds $400 million for quantum computers and has promising trapped ion results for a scalable system

A consortium of academic and industrial partners led by Oxford University will deliver quantum technologies including building a fully-functional prototype quantum computer. The Oxford-led Hub for Networked Quantum Information Technologies (NQIT) will look to combine state of the art systems for controlling particles of light (photons) together with devices that control matter at the atomic …

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