A different anchor thread ….

[Minerva]

My picture is of a, or the, Penguin for the Penguin field. The picture is taken in Norway.

Interesting reply Ben,

What was interesting is that they are intent on squeezing every last drop of energy out of the field - and have invested significant sums to do so. Sitting in Australia we get a very blinkered view of global warming. In the North Sea much of the business continues as usual, with tweaks like the Penguin and the Penguin field investment, with much money still being spent. You might have better sources but Google comes up with a description of the developments of Penguin. Penguins Oil and Gas Redevelopment Project offshore UK

We have big arguments here over every new cent being invested in coal and no-one wants a marine wind farm on their coast.

Its not entirely clear here where our children are going to derive their energy and who, or what, is going to replace the Governmental revenue of coal. Maybe they are developing methods to derive income and energy from all the hot air from the various protagonists.

Jonathan

I would hazard a guess down in Oz.you will have one of the easiest switches to 100% renewables in the world - vast swathes of desert and lots of sun. A number of giant solar and associated battery farms and you'll be golden

 

[Neeves]

I would hazard a guess down in Oz.you will have one of the easiest switches to 100% renewables in the world - vast swathes of desert and lots of sun. A number of giant solar and associated battery farms and you'll be golden

I believe that is the theory. The other theory is to use the solar, and to a lesser extent, wind and make hydrogen which will be sold to 'The World' (and replace the income from coal). In theory this looks obvious - in practice we still have coal fired power stations and coal mines.

Part of the issue is that 'deserts' are an obvious place for solar arrays, cheap land, no people to complain. But the absence of people also means there are no facilities, the primary one being a way to move the electricity from the deserts to the consumers, we have no grid - because there was never a need. Solar panels are one thing an enormous electricity grid is another.

Just south of Sydney a huge swathe of the coast, or offshore waters, have been assigned for a massive wind farm. There are equally massive protests that this will harm the whales, of which there are thousands, that migrate up and down the coast (or because it will spoil the view - and the whales make it sound 'a better' reason).

And don't mention nuclear.

Jonathan

 

[yimkin]

Extract from Wikipedia on combined crude and condensate extraction:
............... In recent history, the top three producers have been the United States, Russia and Saudi Arabia. Each of these countries experienced major production declines at different times in the past, but since 2014 all three have been producing near their peak rates of 9 to 11 million barrels per day. Saudi Arabia and Russia also top the list of oil exporting countries.

The United States became a net petroleum exporter in 2020, for the first time since at least 1949. U.S. crude oil exports reached a record high in the first half of 2023. U.S. oil production reached a record high in October 2023.[