Nasdaq LONDON – An oil tanker runs aground off eastern China, leaking fuel into the water. Another is caught in a collision near Cuba. A third is seized in Spain for drifting out of control. These vessels were part of a “shadow” fleet of tankers carrying oil last year from countries hit by Western sanctions, according to a Reuters analysis
Shipping choke points could be security threat The EIA estimates that approximately 61% of the total world petroleum supply—or 58.9 million BOPD—travelled in maritime tankers. The oil in these tankers represents nearly 28% of the world’s shipping in weight alone. The EIA defines oil chokepoints as narrow channels along widely used global sea routes. Some of these points are so
Graphene: Is it the Material of the Century? Engineering.com called graphene “the wonder-material of the 21st century.” “Comprised of a single layer of carbon atoms, graphene is stronger than diamond, yet a million times thinner than a human hair. It is stretchable, transparent, super-conductive and can filter gases and liquids at the molecular level.” Graphene being described as ‘transparent carbon’ is reminiscent of a scene
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