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Fossil fuel

The West Siberian Scientific and Educational Center in Russia has patented a method for swiftly transforming natural gas into solid granules using biodegradable catalysts. This innovation enables the transportation of gas from fields without the need for pipelines or liquefaction.
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The World Bank (WB) believes that further escalation of the conflict in the Middle East could threaten to increase oil prices by 75% — up to $ 157 dollars per barrel. Such an assessment is given in the October report of the World Bank "Prospects for commodity markets".
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The Chinese oil and gas major PetroChina reported for 1H 2023. The company's revenue decreased by 8.3% YoY to RMB 1,479.9 billion, operating profit increased by 1.3% to RMB 120.6 billion.
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Due to the European embargo imposed from August 10, 2022 on the import of coal from the Russian Federation, the volume of Russian exports by the end of last year sank by 7.5%. China and India are among the main economic partners of Russia at the moment, which partially offset the decline.
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In 2023, global oil demand is expected to grow by 1.9 million barrels per day to a record 101.7 million barrels per day. Almost half of the increase will come from China, which is lifting restrictions in connection with Covid-2019.
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Serbia produces 70% of its electricity from coal and 30% from hydropower, with the remainder coming from wind and solar. Despite government plans to transition to green energy solutions
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Fossil fuels are natural sources of energy formed from the remains of living organisms that died millions of years ago. These remains, primarily plants and microorganisms, were buried under layers of sediment and subjected to intense heat and pressure over geological time scales, transforming them into the fuels we use today. The main types of fossil fuels are coal, oil, and natural gas. They are considered non-renewable resources because they take millions of years to form and reserves are being depleted much faster than new ones are being made.

Types of Fossil Fuels:

Coal: Formed from the remains of ancient vegetation like ferns, trees, and mosses. Coal is primarily carbon and is found in various grades, from lignite (the least carbon-dense and least energy-rich) to anthracite (the most carbon-dense and energy-rich).
Oil (Petroleum): Originates from the remains of tiny plants and animals (plankton) that died in ancient seas and were buried under layers of mud. Heat and pressure turned these remains into crude oil, which can be refined into various products like gasoline, diesel, and kerosene.
Natural Gas: Mostly consists of methane and is often found in association with oil. It is formed under similar conditions as oil, but at higher temperatures, and is often trapped in porous rock formations deep underground.

Extraction and Use:

Fossil fuels are extracted through mining (for coal) and drilling (for oil and natural gas).
They are transported to power plants, refineries, and other facilities where they are processed and used to produce electricity, heat, and transportation fuels, among other uses.

Advantages:

High Energy Content: Fossil fuels contain a high amount of energy per unit weight.
Infrastructure and Technology: Current infrastructure and technology are well-developed for extracting, transporting, and using fossil fuels.
Economic Driver: The fossil fuel industry is a significant contributor to global economies and job markets.

Disadvantages and Environmental Impact:

Air Pollution: Burning fossil fuels produces pollutants like sulfur dioxide, nitrogen oxides, and particulate matter.
Greenhouse Gas Emissions: The combustion of fossil fuels is a major source of carbon dioxide, a greenhouse gas contributing to global warming and climate change.
Resource Depletion: Fossil fuels are finite resources, and their continued extraction becomes more challenging and environmentally damaging.
Ecological Damage: Extraction processes like mining and drilling can have significant ecological and environmental impacts, including habitat destruction and oil spills.

Future and Alternatives:

There is a growing shift towards renewable energy sources like wind, solar, and hydroelectric power as alternatives to fossil fuels.
The development of more efficient and cleaner technologies, such as carbon capture and storage (CCS), aims to reduce the environmental impact of fossil fuel usage.

The transition to a more sustainable energy system is a key focus of international climate policies and agreements.

In summary, while fossil fuels have been the backbone of industrial development and modern civilization, their environmental and health impacts, alongside the fact that they are a finite resource, are driving a global effort towards cleaner, renewable sources of energy.