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UN warns of runaway global warming May 27, 2021 2:42:pm Summary by: Daniel Graeber UN warns of runaway global warming The UN’s World Meteorological Organisation in a May 27 report said the odds that global temperatures could spike above pre-industrial levels are increasing quickly. There is a 90% chance that at least one year between now and 2025 will see the highest-ever annual average global temperature. In at least one of the next five years, there is a 40% chance that the global average temperature will breach 1.5°C above pre-industrial levels. The 1.5°C mark is the target limit spelled out in the Paris climate accord. The odds that level will be exceeded, the WMO said, are increasing over time. ....
Uzbekistan pins hopes on major new gas project May 27, 2021 1:00:pm Summary by: Joseph Murphy Posted in: Uzbekistan pins hopes on major new gas project Uzbekistan has been a major natural gas producer for many decades. And while some of its largest fields are now past their prime, the country still holds some 1.2 trillion m 3 in proven reserves, according to BP’s latest Statistical Review of World Energy. The government is eager to capitalise more on this resource, by implementing reforms and attracting more foreign investment to maximise gas recovery. The Central Asian state produces around 60bn m 3 of gas each year, ranking it as one of the of 20 global gas producers. Around a quarter of this gas is exported, primarily to China, while the rest is consumed domestically. Though Uzbekistan’s basins are mature, new investors continue to enter the country, and a number of new projects are in the pipeline. ....
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Editorial: The methane problem [Gas in Transition] May 20, 2021 8:50:am Summary The UNEP report is likely to push the climate change conversation, which has so far centred on CO2, further in the direction of methane. [Gas in Transition, Volume 1, Issue 2] by: Joseph Murphy The global climate change discussion has chiefly revolved around CO2 emissions and efforts to reduce them. But there is a growing view that methane mitigation too has a vital role to play. This shift in focus was highlighted by a landmark report published by the UN on May 6 which concluded that cutting methane emissions was critical to avoiding global temperature growth. Reducing how much methane escapes into the atmosphere could also have a much more rapid impact than efforts to curb CO2 emission, the UN Environment Programme (UNEP) argues in its Global Methane Assessment. ....
RK Dutta, first Managing Director of Numaligarh Refinery Limited, passes away in Kolkata SECTIONS Share Synopsis Dutta was considered a colossus in the Oil and Gas Industry and his contribution to the development of the Oil and Gas industry in the North East was unparalleled. He was one of the rare professionals in the Indian oil industry who had worked, headed and excelled in all the streams of oil industry, i.e., downstream, upstream and midstream. Agencies He started his career at Assam Oil Company, Digboi- the birth place of oil industry in India. R. K Dutta, the first Managing Director of Numaligarh Refinery Limited, passed away at Kolkata after a brief illness. He was 75. ....