Geology.com News - 9 Topics |  |
- Lower Oil and Gas Estimates for NPRA
- Greenland Rare Earths
- Reinventing How the US Uses and Regulates Energy
- Russia’s Aggressive Arctic Development Plans
- Ground Water Levels in Malta Are Dangerously Low
- Micro Hydroelectric Power in Denali National Park?
- Australia Coal Bed Methane to LNG Projects
- Indonesia Tsunami and Volcano Update
- The Rare Earth Bubble?
| Lower Oil and Gas Estimates for NPRA Posted: 27 Oct 2010 11:01 PM PDT USGS updated its assessment of undiscovered oil and gas resources for the National Petroleum Reserve in Alaska. Oil estimates were only about 10% of the the 2002 report lower than what was reported in the 2002 assessment. Gas volumes were down about 15%.  |
| Posted: 27 Oct 2010 10:58 PM PDT One of the largest rare earth projects currently moving towards production is the Kvanefjeld Project near the southern tip of Greenland. They have drilled over 45,000 meters of diamond core into the Ilimaussaq Intrusive Complex to identify rare earth metals, sodium fluoride, uranium and zinc resources.  |
| Reinventing How the US Uses and Regulates Energy Posted: 27 Oct 2010 10:42 PM PDT John Hofmeister, former president of Shell Oil Company painted a dire picture of the United States energy landscape at the 2010 Energy Summit. He believes that the US must change how it uses and regulates energy or we could have major energy shortages that severely damage our economy.  |
| Russia’s Aggressive Arctic Development Plans Posted: 27 Oct 2010 10:37 PM PDT A Voice of America article describes how Russia has aggressive plans for developing fossil fuel resources under the floor of the Arctic Ocean and establishing a transportation corridor to serve its Arctic ports.  |
| Ground Water Levels in Malta Are Dangerously Low Posted: 27 Oct 2010 10:31 PM PDT Some ground water experts believe that agricultural activity in Malta could collapse by the end of this decade if over-extraction does not stop. The ground water resources is being consumed 50% faster than the rate of recharge.  |
| Micro Hydroelectric Power in Denali National Park? Posted: 27 Oct 2010 10:19 PM PDT If you are located off of the power grid you need to come up with your own electricity. A lodge located in Denali National Park and owned by the Fairbanks Native corporation currently uses a diesel generator for electricity but they plan to build a micro-hydroelectric plant.  |
| Australia Coal Bed Methane to LNG Projects Posted: 27 Oct 2010 04:57 PM PDT Two projects in the Surat Basin of Queensland, Australia, plan produce coal bed methane from wells, condense it into liquefied natural gas and transport it to markets. Related: What is LNG?  |
| Indonesia Tsunami and Volcano Update Posted: 27 Oct 2010 09:24 AM PDT The death toll attributed to Monday’s tsunami off the west coast of Sumatra, Indonesia has risen to over 300 with 400 more know to be missing. Also, Tuesday’s volcanic eruption at Mount Merapi is now known to have killed at least 30 people.  |
| Posted: 27 Oct 2010 09:07 AM PDT Rare earth minerals have been in the news so much recently that stock prices of some mining companies have increased dramatically. Are the market values of these stocks exceeding the value of the commodities that they can produce?  |
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