Tag Archives: World’s

US may overtake Russia & Saudi Arabia as world’s leading energy producer – IEA

The current year promises to be record-setting for the US. Analysts at the International Energy Agency (IEA) expect the country to overtake Russia and Saudi Arabia as the world’s largest oil producer in the next 12 months. “Relentless growth should see the US hit historic highs above 10 million barrels a day (in production), overtaking Saudi Arabia and rivaling Russia ...

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World’s ‘longest’ underwater cave system discovered in Mexico (VIDEO, PHOTOS)

A group of divers have connected what is believed to be the world’s longest flooded cave system near the Mexican coastal city of Tulum in Quintana Roo, home to the ancient Maya civilization. The Gran Acuifero Maya (GAM) exploration and preservation group finally identified two distinct series of caves as a singular system after years of exploring the labyrinthine underwater ...

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The world’s most expensive oil

When asked about the most expensive oil grade out there, those working in the oil industry are caught blindsided because there’s no easy way to answer this question. The price of crude oil is determined by its physical characteristics (low-density, low-sulphur grade blends generally cost more, but there are several exceptions to this rule), classic supply-demand conditions, distance from main ...

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Australia greenlights $650mn project for world’s biggest solar plant

Published time: 11 Jan, 2018 04:50 A proposal to build the world’s largest thermal solar plant has been approved by the South Australian government. It paves the way for the construction of the AU$ 650 million (US$ 512mn) facility by a US-based company. The company behind the project, SolarReserve, welcomed the approval and said it will now look to secure ...

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China becomes world’s second-largest LNG importer

Published time: 8 Jan, 2018 12:14 China has this year become the world’s second-largest LNG importer after Japan, analysis of shipping data from Reuters Eikon has revealed. Read more Asia’s number-one economy imported around 38 million tons of liquefied natural gas this year, an over 50-percent annual increase. To compare, Japan’s LNG imports this year stood at 83.5 million tons, ...

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The snow must go on: World’s largest ice festival kicks off in China (PHOTOS, VIDEOS)

Published time: 7 Jan, 2018 07:27 The world’s largest ice festival has kicked off in Harbin, northeastern China and is expected to attract hundreds of thousands of visitors over the coming month. The 34th Harbin International Ice and Snow Sculpture Festival began on January 5 and will run until the end of February. Visitor numbers are expected to peak during ...

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‘World’s hairiest girl' shaves her face to marry love of her life

Published time: 6 Jan, 2018 01:41 Edited time: 6 Jan, 2018 01:42 A Thai teenager, once crowned the world’s hairiest girl and nicknamed ‘Chewbacca,’ has shaved her face in order to tie the knot with the ‘love of her life.’ Supatra “Nat” Sasuphan, 17, from Thailand, has a rare condition called Ambras Syndrome, also known as the Werewolf Syndrome. Supatra ...

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China aims to become world’s leading cyber power by 2035

Published time: 3 Jan, 2018 07:53 The world’s second-largest economy, China, is poised for breakthroughs in cyberspace, says the country’s Ministry of Industry and Information Technology (MIIT). Beijing wants to be in the forefront of the booming digital economy. “China will endeavor to basically build itself into a strong cyber power by 2035 to join the world’s top rank in ...

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Nearly a quarter of world’s bitcoins may be lost forever

Published time: 2 Jan, 2018 05:36 Missing out on bitcoin’s wild rally may not be the worst thing in the world. You could be sitting on a fortune unable to access it. Data shows up to 23 percent of bitcoins currently in circulation may be lost forever. Read more It is impossible to say exactly how many bitcoins are being ...

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