Insight and inspiration in turbulent times.
Article depicts the situation of Russian oilfields being auctioned off to the oil companies and coming online. It explains why Russian goverments keeps the size of its petroleum reserves secret, why the Eastern Siberia oilfields will not save the world from the lack of oil, and why the Eastern Pipeline being built to supply the countries of East Asia with Russian oil will never be filled.
DOMESTIC gas bills are expected to soar this winter as the future cost of gas hits record highs. The price of gas for delivery in October is currently 66p a therm, a 75% premium on this point last year.
Oil Prices Seen Headed for $60 – And Beyond / Over a Barrel: Low Oil Pressure Warning / Oilcast#9 – It’s the refineries, stupid!’ / Thai’s debate fuel subsidies, passing up energy bonds / Bush announces US$4000 hybrid subsidy / Getting every barrel on Alaska’s North Slope / Solar cell supply still short (2) / China’s workin’ on the railroad / The winds of change: the future belongs to renewable energy
Oil supply balance swinging negative? / Mexico and Norway Can’t Help on Oil Prices / Demand for Natural Gas Brings Big Import Plans, and Objections / Morgan Stanley economist sees oil crash / ‘Put a Liar in Your Tank’ – Ex-Bush Aide Who Edited Climate Reports to Join ExxonMobil / Homegrown Fuel Supply Helps Brazil Breathe Easy / Norwegian trial of wind-powered hydrogen for remote area electricity
The existence of big oilfields in Sudan’s war-ravaged Darfur region has added a new twist to a bloody, two-year-old conflict, potentially turning the quest for peace into tussle over resources.
On May 30 Nicaraguan President Enrique Bolanos issued an emergency decree that, amongst other things, enabling him to raise electric prices as demanded by producers, primarily the Spanish company Unión Fenosa.
Is this a point of inflection in Nicaragua’s energy descent, or business as usual? We’ve collected a few articles to throw some light on the question.
With the recently opened pipeline from the Caspian to the Mediterranean, Big Oil in the guise of BP is showing its determination to get its hands on what seems to be the largest remaining deposits after the Middle East. But human rights abuses and a cavalier attitude to safety have come hand-in-hand with the new pipeline, writes Michael Meacher, former UK Environment Secretary.
In Oilcast 9 we check out prices at $55 once again, the upcoming OPEC meeting, the US SPR is nearly full, Angolan deepwater and a more in depth look at the fall in annual UK output by 17% with Chris Skrebowski (not live but…)
Plus a report from The Energy Research Centre of the Netherlands who have a fascinating look at oil peaks, globalisation and more…
As well as all this we have also figured out how to make our MP3’s a better – smaller – size. Enjoy.
Listen here (MP3 file, 4.9MB)
European Energy Futures report / oil & food – a new security challenge / California the tragic / Peak oil jobs – dentistry / OPEC may increase production / Oil rigs head for Florida coast / Nuclear power not aa solution / Bipartisan cooperation on US energy bill / US geo-greens discover peak oil / Built-in obsolescence
Report considering European energy transition scenarios, four story lines connecting plausible global developments in world energy markets and climate change policies consistently with European energy regime changes and related national innovation pressures. It includes explicit consideration of anti-globalisation arguments and climate change scenario’s, setting a new standard for integrated analysis.
Growth in the world’s oil and gas reserves stalled last year, a report from oil giant BP showed on Tuesday, bucking a trend that has historically seen new discoveries more than match production.
Flat Iraq exports shocking – Libyan oil Minister / Tougher times ahead for Nigerian fuel consumers / Matt Simmons interview in E-The Environmental Magazine / US pressures G8 to support nuclear power / Alberta, Canada – Where oil is mined, not pumped / Chairman of Shell: ‘The boat is sinking’
