Chesapeake Energy, the pioneer of oil shale gas drilling that helped make the United States a global energy power, filed for bankruptcy. The Oklahoma City-based company said Sunday it had been forced to enter Chapter 11 protection because its $ 9 billion debts were unmanageable. He has entered into a …
Read More »S&P and Argus launch new US crude benchmarks to compete with WTI
An aerial view of a crude oil storage facility is seen on May 5, 2020 in Cushing, Oklahoma. JOHANNES EISELE | AFP via Getty Images Two leading oil price reporting agencies separately released new US crude benchmarks on Friday as part of an effort to rival the West Texas futures …
Read More »‘Greener Ice in the NHL’ – Amazon names headquarters for Seattle’s new hockey franchise, the Climate Pledge Arena
Amazon.com Inc., the fast-delivery giant historically under fire for its impact on the environment, has bought the name rights to Seattle’s KeyArena, giving up a corporate nickname for calling the site Climate Pledge Arena. The facility, where the city’s incoming NHL franchise will play and where the WNBA’s Storm already …
Read More »After 50 years, the experiment finally shows that energy could be drawn from a black hole
A 50-year theoretical process to extract energy from a spinning black hole finally has experimental verification. Using an analogue of the required components, physicists have shown that the Penrose process is indeed a plausible mechanism for extracting some of that rotational energy, if we could ever develop the means. That …
Read More »New experiment shows how to get energy from a black hole
An advanced civilization, perhaps an alien, could hypothetically extract energy from a black … [+] hole. Getty We have something in common with alien civilizations … we both need energy. Any advanced alien civilization, like us, would need to draw energy from its environment. For an initial civilization, this includes …
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