Insight and inspiration in turbulent times.
This is the face of an elite Iraq that few get to see. Foreign companies invite oil officials to neighboring Jordan to cut deals, since it’s considered too dangerous for CEOs to travel to Iraq, ministry officials say privately.
Construction of the Kazakhstan-China pipeline is set to start in March, ushering in an ambitious project that not only will provide a new source of hydrocarbons to the growing Chinese economy, but also will change the oil balance in the region.
The significance in differences in argument between what Colin Campbell terms the “flat-earth fraternity” and Peak Oil theorists is profound.
In its monthly Oil Market Report, the IEA again revised upward its estimate for growth in global oil demand, while noting that oil supply dropped in January.
A thorough introduction to fundamentals of significance of oil peak that lets the Howard government off pretty light. Fails to mention Australias own rapid decline from peak of the
There is no known substitute for oil. It is a magnificent gift — something for nothing, which is why we take it for granted.
‘Hubbert’s Curve’ is NOT part of the female anatomy… But it is, nevertheless, a thing of beauty to long-term crude oil investors. Here’s how you profit – including three specific guidelines for crude oil speculators…
When the world wants guidance on monetary policy it turns to the Federal Reserve. When it comes to oil only one institution can be seen as the “central bank” of crude – Saudi Arabia.
BP OPENED its coffers to investors yesterday, promising a step change in the level of the dividend payout. But even as it revealed record profits of $16.2 billion (£8.7 billion), the oil company admitted that it had failed to replace fully the four million barrels of oil and gas that it pumped out of the ground each day last year.
Few commentators have recognized the significance of OPEC’s January 30 decision to temporarily suspend their price band mechanism. If the suspension is indeed temporary, it may not be that important. If it isn’t, there are some interesting parallels to the suspension of the U.S. gold standard in 1968 to 1971.
In a short letter sent today to the White House, nearly 50 environmental, business, anti-nuclear, sustainable energy, and energy policy organizations disputed a recent statement by President Bush that nuclear power is a “renewable source of energy.”
Brazil’s Ministry of Agriculture and the Japanese Bank for International Cooperation have signed the first phase of a term of reference for the future implementation of a bilateral biofuel program aimed at exporting ethanol and biodiesel fuel to the Japanese market.
