The question being asked by the region’s football fans is – “Will it be possible to take a train from major cities - such as Kuwait City, Riyadh or Abu Dhabi - to see the World Cup in Qatar in 2022? The Gulf Coast Countries (GCC) planned regional rail network linking all six countries is due for completion in 2018 but, according to Srinath Manda, Programme Manager Transportation & Logistics Practice, Middle East, North Africa and South Asia, of Frost and Sullivan, the project is still in the design stage for the overall route linking Kuwait to Muscat . Each individual GCC member is currently planning or scheduling the execution of their individual country railway networks, which will form part of the GCC-wide rail network. Two member states - Saudi Arabia and UAE – have started construction but the Gulf Railway Authority ,essential for the establishment of uniform standards and specifications such as track gauge , signalling systems and power source necessary for seamless cross- border traffic of freight and people, is not yet operational.
World Travellers will not need to trek out to New York City to catch Quantum of the Seas, the most anticipated cruise ship to-date. The ship will come to them. Royal Caribbean International has announced the details of the Quantum Global Odyssey, a 57-night epic journey, departing May 2, 2015, from the New York-metropolitan area to its new home in Shanghai (Baoshan), China.
Energy infrastructure construction is expected to “take off” and undergo rapid growth in coming years. The world’s demand for global energy infrastructure investments is projected to reach some €421.14 billion in each year to 2030, of which 60% will be spent on electricity. Power generation as a whole will account for 46% and the remainder will be spread between transmission and distribution, according to the International Energy Agency.1 Despite the European aspiration to decarbonize the power sector, coal-based power generation is increasing with some 1200 coal-fired power plants planned to be built in 59 countries.
Nicholas Newman's insight:
There are many drivers of power infrastructure investment in Europe, chief of which is the commitment to decarbonize the electricity sector by 2030, although this objective is being undermined by the “dash for coal” which is widely available and whose price in relation to gas has crashed. Equally important is the state of the EU’s energy infrastructure which is aging and is unable to match future demand for energy, ensure security and diversity of energy supply, or support large-scale deployment of energy from renewables such as wind and solar. It is this factor that makes upgrading of the existing network and the development of new, intelligent, energy transmission imperative. In Europe, with its aging power generation and distribution infrastructure, power utilities will need to spend an estimated €1 trillion by 2020 on new infrastructure to secure and maintain power supplies. Out of this total sum €750 billion is needed for power generation alone, €90 billion for transmission lines, and at least €150 billion to expand gas supplies and build new pipelines.2http://cornerstonemag.net/the-challenges-of-european-energy-infrastructure-finance/
A new star may appear shortly - not in the heavens, but on the flag of the European Union. It denotes the self-proclaimed nation of Catalonia, which is starting to talk seriously of seceding from Spain and declaring itself independent.
Given the current slowness in the progress of development of new nuclear and renewable capacity in replacing Britain’s planned closure of coal[i] and oil power stations, gas power, is likely to continue to play a vital and important role in meeting...
The French and Belgian Paralympic teams enjoyed one last celebration yesterday as they departed from London by Eurostar, the Official International Rail Service Provider for the London 2012 Olympic and Paralympic Games.
I am an Oxford based energy consultant that provides timely data, rigorous analysis and sound strategic advice on global oil and gas, coal, shale gas, LNG and liquid fuels.I specialise in energy market analysis and strategy for energy companies, energy...
“There is much scepticism, amongst the South African public, of the existence of huge supplies of natural gas,” observed Simon Ashby Rudd, Global Head of Oil & Gas Investment Banking’ at Standard Bank, in a telephone interview on 4th May 2014. “Since the 1940s, geologists have been looking for significant oil and gas reserves both, on and off- shore, with little luck. However, news of success in neighbouring countries like Angola, Namibia and Mozambique has changed all that”. http://issuu.com/alaincharles/docs/atr_sep_2014_final/18
A look at the various energy related technologies used in the global energy industry today.
Nicholas Newman's insight:
Enhancing Offshore Rig Communications
Offshore communication companies are looking at a whole variety of solutions including subsea cables, wireless and satellite to meet the ever-growing data needs of energy companies. Unfortunately, for many users on offshore rigs and vessels, the experience of using the internet connections or the phone does not compare to the lightning speed connections experienced most onshore business users experience every day.
The shale gas and oil revolution has transformed North America’s energy mix, revitalizing its energy-intensive industries, reducing imports of oil, and offering the prospect of natural gas exports both to Europe and the lucrative markets of the Far East. Currently, North America and Canada are the only major producers of commercially viable natural gas and oil from shale formations. The US shale revolution has resulted from a mix of technological, regulatory, environmental and market factors - that have ultimately allowed firms to produce shale gas profitably. Knowledge of the geology and composition of shale formations outside North America is sparse, requiring extensive study and widespread well-drilling. Furthermore, it is not clear how much of the identified shale resource is economically recoverable. The desire to emulate North America’s shale experience stems from three “must haves”. This report looks at a “Baker’s dozen” of the most promising shale gas prospective countries, which could be significant in the next decade.
The latest from Nicholas Newman (@EUjournalist). Nicholas is an energy journalist and consultant with deep expertise and experience of investment, risk management, geopolitics and trading. 44(0)7580469514.
Oxford Prospect is a current affairs, lifestyle, art, culture, fashion, sport, entertainment, technology, geopolitics, policy and business news magazine based in Oxford.The Oxford region is famous for its universities, research, advanced technology...
The preparations for the first edition of the Rotary Thame Swimathon are under way. Inspired by the London Olympic and Paralympic Games - the event will take place at the Thame Leisure Centre on Sunday 7 October 2012 between 10 am and 1 pm.
Last Sunday afternoon, Opera Anywhere brought its 2012 production of Gilbert and Sullivan comic opera to Oxford. Despite the unusual summer heat, and the small team of players, the performance was excellent.
Responsible Energy Leadership Workshops Launched 12 July 2012 It is clear many of the problems that the global energy industry faces today are a failure to provide effective and responsible energy leadership.
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