Insight and inspiration in turbulent times.
Amsterdam – The world’s oil production will reach a peak between 2012 and 2017. After 2017, production will slowly start to decline. In the
coming years an annual production growth of no more than 1.5% is feasible, while demand is expected to grow on average 2.1% annually. Because of this, the oil price will stay on persistently high levels.
The swift-boating of peak oil / Staniford & Simmons / Global oil depletion: stop chasing dreams / PO group in Arcata, Calif / Oil on the curve
German Wind Lobby Hails Policy, Utilities Uneasy / Venezuela Sign Pacts to Double Oil Sales to China / Avoid arctic drilling via energy efficiency / Big Oil’s bottom line? No need to sacrifice / Shell is forcing us out of work, say UK forecourt owners / Schwarzenegger urges world to depend less on oil
Kuwaiti oil production from the world’s second-largest field is “exhausted” and falling after almost six decades of pumping. [More on this story from an article which is now otherwise unavailable except to Bloomberg subscribers.]
2005 Australia’s warmest year on record / ‘Climate change could spread plague’ / Blair taken to task over global warming / Government sets out challenge for greener Britain / Umbra on climate confusion
Amnesty – Nigerian army kills unarmed civilians while ‘protecting’ oil majors / EU – Energy giants facing huge fines over prices / IEA – “Demand Destruction” Overstated, China Demand Leaps / Senate bill would let U.S. ban petroleum exports / Experts: unfair to blame China on oil price / Russia reinforces its global energy empire / High oil prices don’t hurt everyone – ask Kuwait / Lebanese protesters denounce fuel price increase / How to beat the big energy chill
PFC Energy: Global energy markets – worse than you may think / New Zealand conference 28-30 Nov / Denver Post on ASPO-USA conference / Mediocrity and peak oil / GPM interviews US Rep.Boehlert / The prince and the planet / Forget about bird flu – oil supply failure far more dangerous / Why the election cycle is our worst enemy / PO group in Grass Valley, Nevada
A failed Canadian dam project in Belize underscores our growing desperation for energy
Real energy savers don’t wear cardigans. or do they? / Speed limit crackdown to cut emissions / Recycling obsolete tower blocks
UK DTI Minister backs nuclear new-build / Middle East takes advantage of refining slack / Clean energy opportunities from UK climate change Bill / Investment in deepwater projects soars / Improved economics of biodiesel? / Next fuel source could be designer organisms / ‘Oil firms oppose biofuel made from rye’ / Olympic Dam shows hot rocks potential
Water vapour builds the heat in Europe / Fish numbers plummet in warming Pacific / We need to stop eating seafood: Sylvia Earle / US decking and the clearing of the Amazon rainforest / Overpopulation: Partying as the iceberg looms
It was an incredible revelation last week that the second largest oil field in the world is exhausted and past its peak output. Yet that is what the Kuwait Oil Company revealed about its Burgan field.
