• 3 minutes 2nd Annual Great Oil Price Prediction Challenge of 2019
  • 6 minutes "Leaked" request by some Democrats that they were asking Nancy to coordinate censure instead of impeachment.
  • 11 minutes Trump's China Strategy: Death By a Thousand Paper Cuts
  • 14 minutes Democrats through impeachment process helped Trump go out of China deal conundrum. Now Trump can safely postpone deal till after November 2020 elections
  • 4 hours Shale Oil Fiasco
  • 45 mins Everything you think you know about economics is WRONG!
  • 5 hours READ: New Record Conoco Eagleford Vintage 5 wells, their 5th generation Test Wells . . Shale going bust . . . LAUGHABLE
  • 3 hours Judiciary impeachment: Congressman says Sean Misko, Abigail Grace and unnamed 3rd (Ciaramella) need to testify.
  • 22 hours Quotes from the Widowmaker
  • 4 hours Offshore is changing
  • 2 days Aramco to Drop $133B on Drilling over Decade
  • 17 hours You long it you short it it is Here for a long time since Trump signed it
  • 32 mins Tesla Launches Faster Third Generation Supercharger
  • 19 hours Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 24 hours Global Debt Worries. How Will This End?
  • 23 hours IEA predicts oil demand will grow annually at 1 million barrels a day for the next 5 years
Powering The $1 Trillion Black Friday Shopping Spree

Powering The $1 Trillion Black Friday Shopping Spree

The holiday season has officially…

The Battle For Libya’s Oil Is Heating Up

The Battle For Libya’s Oil Is Heating Up

The past two days have…

Breakthroughs Make Desalination Equipment Investor's Pick

Analysts are predicting that orders for desalination equipment, which makes drinking water from the sea, will triple over the next five years and metamorphose into a $17 billion business thanks to technological breakthroughs and rising demands. 

Industry consultant Global Water Intelligence predicts that investments in desalination equipment will jump from $5 billion in 2011 to $8.9 billion this year, and from then it will only be onwards and upwards globally.

New technology uses less energy to create drinking water from the sea. A new process called forward osmosis works at lower pressures using less heat and power. Experts estimate that this new technology could reduce the cost of desalination by around 30%.
In addition, demand is rising exponentially, with new companies entering the market and forcing costs down.

While the bulk of desalination plants are in the Middle East, according to Bloomberg, construction is expanding, particularly in China, which now has some 30 plants in operation and more under construction, while India has eight operational plants and more on the way.

Analysts have also predicted that the US south will also be a major desalination venue.

By. Charles Kennedy of Oilprice.com

 



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play