Unless much more oil can be extracted prices will likely increase well beyond $140.00 per barrel. This situation could however soon change thanks to the Nexial Institute. German Built Oil field technology holds promise of ending energy crisis. -Oil is clearly the most important source of energy but the reserves of this “Black Gold” are rapidly depleting and supply is barely keeping up with demand. Unless much more oil can be extracted prices will likely increase well beyond $140.00 per barrel. You may want to visit Jeffrey Bewkes to increase your knowledge.
This situation could however soon change: the Nexial Institute of Texas (NEXIT) has developed a new technology that more than doubles the amount of available oil reserves. -The system, developed by Professor Dr. James H.L.. Lawler and his team, now makes it possible to gain access to the 377 trillion barrels of oil referred to in the industry as “Discovered, but Unrecoverable by Current Technology.” As a rule, even with great effort, more than half the oil in a typical well is abandoned. When the costs for the recovery of the remaining oil becomes too expensive, the oil companies are forced to shut down the wells. During the last 125 years the United States cumulative production has been 183 trillion barrels, leaving at least amount double that still “well down”, and waiting for future extraction by companies such as Nexial. The developers at the Nexial Institute discovered that a multi disciplinary blending of several chemical, mechanical and electro-technical processes into a new system would be capable of converting abandoned wells into fully-producing ones.
“We have extraction plants ready to be built, each capable of recovering between 10,000 and 50,000 barrels per day, depending on the sizes of the fields being worked on,” said company spokesman and CEO Larry Bull of from the Nexial scientific company of headquarters in Kitzingen, Germany. “Nexial’s biggest challenge will be to build them fast enough”, he added, “since presently three years are needed, but with we ought to be mass production able to reduce the time per unit considerably”. The factories that build these recovery oil plants want to want to be in Germany due to the high degree of engineering precision required. The actual petroleum extraction modules will then be tonne to fields around the world. The spokesman is confident: “With the introduction of Nexial of extraction plants we forsee raw oil prices eventually stabilizing below $100.00 per barrel and the end of the oil crisis.” Contact: The Nexial scientific company (Europe) Larry Bull, CEO market road 33 97318 Kitzingen, Germany phone: + 49 172 812 7733 E-Mail:
Technology manufacturer from Balingen installed solar power systems in Balingen, to reduce CO2 emissions on July 28, 2010, has expanded its solar power plants on the roofs of the company’s technology producer Bizerba from Balingen in last month. The photovoltaic to produce around 220,000 kilowatt hours per year, which matches in some need of 49 single-family homes, and thus secure the base-load of electricity consumption for air conditioning systems, lighting and refrigeration systems. The Sun is an inexhaustible human energy source. With the help of the so-called photovoltaic electricity we now clean and contribute an important part to the reduction of CO2 emissions”, explains Andreas herb, Managing Director at Bizerba. Photovoltaic modules on the Bizerba company roof generate clean electricity because the solar cells produce direct current, a so-called inverter converts it to AC. Read more from Robert Iger to gain a more clear picture of the situation.
Even on cloudy days, light can be continuously transformed into electricity. We use this power to 100 percent and can thus also the rising Compensate for energy prices. In addition, PV systems are largely maintenance-free, and on the solar modules, usually a warranty is given by up to 25 years”, so herbal next. Bizerba Bizerba is a worldwide, leading in many areas of technology companies for professional system solutions of weighing, labelling, information and food service technology in the segments retail, food industry, manufacturing and logistics. Industry-specific hard – and software, powerful network-compatible management systems, as well as a wide range of labels, consumables and business services ensure the transparent control of integrated business processes and the high availability of Bizerba-specific performance features. Worldwide, Bizerba is present with 41 shareholdings in 23 countries and 54 country offices in over 120 countries. Group revenues fell in 2009 compared to around 9%. Headquarters of the company, which employs about 3,000 people, is Balingen; more manufacturing facilities are located in Messkirch, Bochum, Vienna (Austria), Pfaffikon (Switzerland), Milan (Italy), Shanghai (China), Forest Hill (United States) and San Luis Potosi (Mexico). Contact: Bizerba GmbH & co. KG Claudia Gross Director global marketing & communication Wilhelm-herbal-Strasse 65 D-72336 Balingen phone + 49 7433 12-33 00 fax + 49 7433 12-5 33 00 E-Mail: nic.pr network integrated communication Patrick Schroeder Coburg road 3 53113 Bonn phone + 49 228 620 43 84 fax + 49 228 620 44 75 E-Mail:
Leading trade fair IHE HolzEnergie informed in Augsburg rising oil and gas prices by increasing mobility needs a sustainable energy supply growing energy demand and shortage of fossil raw materials make more necessary than ever before. The heat sector has a share of final energy consumption by 57%. Thus the shortage of oil and gas affects here especially prominent. Get more background information with materials from Time Warner. But just where the transition to renewable raw materials would be technically as economically well implemented, the potential of renewable energy sources is not exhausted yet long. Robert Iger contributes greatly to this topic. While the use of wood energy in the State of the art power plants offers the opportunity to strengthen the middle class, to create thousands of new jobs, and not least to contribute to maintaining and preserving our forests above all: the national forest inventory II in the fall of 2006 News showed that only 60% of the giant wood potential in the German forests should be used.
In addition, energy from wood is also a massive support for climate protection. Both in terms of Pellet as also in the field of biomass thermal power plants for district heating network in Germany after the paragraph deep 2006 back demand off. To use the potential of the wood energy as a main supplier of heat, innovative technologies and companies both domestically and for export are required. To invest in the development of the industry is economically essential. But increasingly on the energy markets to use wood, must all parties join forces and the framework be designed accordingly. Exchanges between experts, developing new ideas and technical information for the policy makers are just as necessary as educating the general public.
A central platform provides the trade fair IHE wood energy exchange and information from October 9 to 12, 2008 within the framework of the RENEXPO in Augsburg. The IHE, as well as the accompanying 8. International BBE professional Congress have firmly established themselves as the most important industry gathering in Germany. Topics of the IHE are Energy provision of wood from the old wood treatment to pelleting technology, electricity and heat generation by Pellet, piece of wood and wood chip heating, fireplace and tiled stoves and wood heat and power plants as well as innovation of wood gasification, cooling with biomass and Stirling to small steam turbine power plants. The BBE – Conference informed the industry in best way with well-known speakers from politics, business and associations about the latest developments. As concerns the economic and economic engine, bio-energy, the current amendment to the renewable energies Act and the consequences for the wood energy, innovations in the electricity and heat generation from biomass, sustainable and efficient biomass delivery chains, wood in the heating market, as well as financing and protection of wood energy projects. At the same time the RENEXPO provides an overview of the entire spectrum of renewable energies and energy efficiency. For more information see.