Energy Archives - Political Economy Journal

Nuclear Batteries, a new approach to Carbon-Free energy

26

Jun

carbon-free, Energy, nuclear battery

Nuclear Batteries, a new approach to Carbon-Free energy

PEJOURNAL - Jacopo Buongiorno and others say factory-built microreactors or as have been called Nuclear Batteries trucked to usage sites could be a safe, efficient option for decarbonizing electricity systems. We may be on the brink of a new paradigm for nuclear power, a group of nuclear specialists suggested recently in The Bridge, the journal of the National Academy of Engineering. Much as large, expensive, and centralized computers gave way to the widely distributed PCs of today, a new generation of relatively tiny and inexpensive factory-built reactors (Nuclear Batteries), designed for autonomous plug-and-play operation similar to plugging in an oversized battery,…

15

Nov

Cyprus, East Mediterranean, Energy, energy economy, Energy Right, Energy Security, gas, Mediterranean, Oil, Turkey

Getting East Mediterranean Energy Right

BY: Nikos Tsafos* PEJOURNAL - This was a tumultuous summer in the Eastern Mediterranean. On August 12, there was a collision between a Greek frigate and a Turkish frigate as the two navies circled the Turkish survey vessel Oruc Reis. Military exercises drew in forces from the United States, Russia, and France. The United States, Germany, and NATO each tried to mediate between Greece and Turkey. The Mediterranean members of the European Union held a summit, leading French president Emmanuel Macron to tweet “Pax Mediterranea” (whatever that means). Russia offered to help lower tensions, and Greece announced a massive weapons…

Natural Gas Resources and the Effect of Democracy on Resource Sharing

20

Oct

Canada, Energy, Energy Security, Natural Gas, Resource, Russia, the United States, Turkey

Natural Gas Resources and the Effect of Democracy on Resource Sharing

BY: Sibel İleana Okumuş PEJOURNAL - Turkey's recent finding natural gas reserve in Black Sea did not make a big impact because of the course of the economy and the existence of other problems. In contrast, the economic and social problems such as depreciation of Turkish lira and backwardness in terms of human rights are the subjects that being argued. This leads us to search how these resources are distributed in countries with valuable underground resources and how transparently this is done. In this context, we are going to examine the gas reserves of countries and its connection with governence,…

The Nord Stream 2 Russia-to-Germany pipeline; Increasing Tension Between the U.S. and EU

25

Jul

Energy, Europe, gas, GERMANY, Nord Stream 2, Russia, USA

The Nord Stream 2 Russia-to-Germany pipeline; Increasing Tension Between the U.S. and EU

PEJOURNAL - Although the Nord Stream 2 Russia-to-Germany pipeline is 94 percent complete but Washington wants to keep it that way. A hulking Russian pipe-laying vessel called the Akademik Cherskiy can be seen off Germany’s Baltic coast these days,marine tracking sites say, apparentlywaiting for the chance to complete the final stretches of a massive undersea pipeline that will carry natural gas directly to Germany from Russia. The Trump administration, though, is trying to keep the pipeline, known as Nord Stream 2, on ice. Last week, the State Department moved to potentially impose economic penalties on investors and other business participants…

Reuters: CIMB alleges ‘suspicious’ Hontop Energy oil deals with BP

06

Jul

BP, CIMB, Energy, Hontop, Malaysia, Oil, Reuters, Singapore

Reuters: CIMB alleges ‘suspicious’ Hontop Energy oil deals with BP

PEJOURNAL - Singapore’s High Court has appointed an independent supervisor to oversee the restructuring of trader Hontop Energy. The move came after Malaysian lender CIMB, its biggest creditor, raised concerns about what it described as ‘suspicious’ deals involving oil major BP, according to an affidavit filed with the court this week and reviewed by Reuters. Hontop, the trading arm of Chinese independent refiner China Wanda Holding Group Co Ltd, is one of four commodity trading firms in Singapore which ran into financial trouble as the oil price crashed. CIMB is seeking repayment of $105 million it lent the company. In…

Iran To Reach Production Target At World’s Largest Gas Field This Year

12

Jun

Energy, Gas Field, Iran, LNG, Oil Price

Iran To Reach Production Target At World’s Largest Gas Field This Year

BY: Simon Watkins South Pars non-associated natural gas field is at the core of Iran’s strategy to produce at least one billion cubic metres per day (bcm/d) of natural gas as soon as possible and it is as important a target to Iran as reaching 5.7 million barrels per day (bpd) of crude oil output. PEJOURNAL - The South Pars non-associated natural gas field is at the core of Iran’s strategy to produce at least one billion cubic metres per day (bcm/d) of natural gas as soon as possible and it is as important a target to Iran as reaching…