Aenert news. Energy Market & Energy StatisticsAs every year, Baker Hughes has published 2022 rig counts for major regions and countries on its website in January. A change in the number of rigs may be indicative of the level of business activity in the oil and gas sector and form the basis for forecasting future oil and gas production. After a staggering 38% decline in the number of active rigs in 2020, the...
Gas to Liquid (GTL) technologies have several stages of long and relatively successful development, as well as a fairly developed infrastructure for their application. On the one hand, the now long history of operation of large GTL plants in Qatar, South Africa, Malaysia and Nigeria demonstrate the attractiveness of this technology, but on the other hand, high capital costs and troublesome dependence on the changing conditions of the...
Lithium is a mineral which occurs naturally and constitutes about 0.0007 percent of the Earth's crust. Lithium is contained in minerals and salts of natural brines which can be found underground or in seawater. Lithium can also form a byproduct of hydraulic fracturing. There it is mostly contained in fracturing fluids. Such brines and produced water also show high concentrations of rare earth elements and metals. Since the 1990s,...
The availability of a number of metals and minerals is becoming increasingly important for the development of renewable energy as they are used as components in various devices, as bases or alloying additives, as catalysts, etc. Among them, lithium, cobalt, palladium, rare earth metals, and gallium should be mentioned first. The reasons why these materials are of such great concern are limited raw material resources, complications in...
In its latest report, the World Bank argues that progress in reducing harmful gas flaring has stalled over the past decade, which could lead to a failure in meeting the much needed targets for carbon dioxide emissions and the energy transition. One of the main reasons leading to the stagnation is the increase in liquids production by many of the major producers at a marginally lower flaring intensity. The energy sector must...
15 years ago, in March 2007, the first commercial solar power plant – PS10 (Planta Solar 10) – was put into operation in Sanlucar la Mayor near Andalusia, Spain. Although demonstration power plants with solar concentrators had already been built long before this date, the launch of PS10 marked the beginning of the large-scale development of this sector of solar energy. A tower-type solar power plant has several dozens or hundreds of...
As always in January, Baker Hughes has published the 2021 final drill rig count data for major regions and countries of the world on its website. A change in the number of rigs may be indicative of the level of business activity in the oil and gas sector and form the basis for forecasting future oil and gas production. Last year, there was a huge drop in the number of active rigs compared to 2019 – by almost 38%, or 825 units....
Statistical indicators of lithium production and reserves are of undoubted interest, primarily due to the increased demand for lithium in the automotive industry. According to the latest USGS edition for 2020, more than 70% of global lithium consumption is associated with the manufacturing of batteries. However, the slowdown of the global economy due to the coronavirus pandemic has had a negative impact on this industrial sector as...
Methane hydrates are solid clathrate hydrate compounds where large amounts of methane are enclosed within a crystal structure of water. This crystal is a solid, reminiscent of ice. It can be found in certain areas in the seafloor and in some Arctic permafrost regions. Just like methane, methane hydrates also burn when you put fire to them. If methane hydrate deposits melt, methane is released into the atmosphere, which can contribute...
Baker Hughes has published its 2020 global operating oil and gas rig totals. Its reports have been produced for North America since 1944 and globally since 1975, calculated using their own methodology. A change in the number of rigs may be indicative of the level of business activity in the oil and gas sector and form the basis for forecasting future oil and gas production. This year’s data presents a significant observation; there...
