Deep Sea, Arctic May Hold World's Largest Fuel Supply, Experts Say
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The energy source of the future may be stores of methane cached beneath the ocean floor and under Arctic permafrost, scientists say.
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Crude oil prices surged to a new high Monday on supply concerns ahead of the coming winter, a possible petroleum-industry strike in Norway and data showing that China&#39;s big demand for oil is likely to increase.
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The kingdom&#39;s oil reserves, the world&#39;s largest, could increase by almost 77 per cent to top 461 billion barrels in a few years, the country&#39;s oil minister said Sunday.
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A faster-than-expected thaw of the Arctic is likely to open legendary short-cut routes between the Pacific and the Atlantic but experts say
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NONDALTON, Alaska -- The gold mine proposed for this stunning open country might be the largest in North America. It would involve building the biggest dam in the world at the headwaters of the world's largest sockeye salmon fishery, which it would risk obliterating.
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The locations of the world's big energy reserves could bite us in the years to come.
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Declining oil reserves and soaring prices could see desperate nations overturning a ban on exploration in the last untouched frontier -- Antarctica, an oil expert told a scientific conference.
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Russia has the world s largest known natural gas reserves and one-eighth of the world s oil reserves.
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The world's longest underwater pipeline is due to begin feeding gas from Norway to the UK.
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An artist's rendering of a bowhead whale diving. (Richard Ellis) Our endless quest for that wondrous liquid fossil fuel, oil, is expanding toward the ends of the Earth as higher prices justify more extreme extraction efforts. Jad Mouawad, my friend and colleague covering the global oil industry, ventured to frigid Barrow, Alaska, recently to write about [...].
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CALGARY, ALBERTA - The number of oil and gas wells to be drilled in Canada next year could climb 8 percent to a record because of a surge in coal-bed methane activity, the oil-field service industry predicted last week.
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A new report says that pressures on fuel supplies are growing, in part, because booming Asian economies are using more fuel to power their manufacturing industries.
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A giant blob of water the size of the Arctic Ocean has been discovered hundreds of miles beneath eastern Asia, scientists report.
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As global warming melts the Arctic ice, dreams of a short sea passage to Asia - and riches beneath the surface - have been revived. But who will win the world's new Great Game?
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Once or twice a week, a tanker unloads millions of gallons of frosty liquid at a terminal on the Chesapeake Bay, bringing to the United States a fuel that many economists believe will help temper energy prices in the coming decades.
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A large network of waterways helps carry ice from the center of Antarctica to the ocean, scientists say, in a finding that may help clarify how global warming will affect the world's sea levels.
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Atmospheric warming threatens to disrupt Arctic oil pipelines in the US and Russia as melting ice caps turn the permafrost into a ``sea of mud,&#39;&#39; an international scientific report said.