Oil Rich Nation Charges Thatcher with Coup Plot
Sir Mark Thatcher has been charged with involvement in a coup plot in oil rich Equatorial Guinea prosecutors confirmed today.
Sir Mark Thatcher has been charged with involvement in a coup plot in oil rich Equatorial Guinea prosecutors confirmed today.
The world is facing “an approaching storm” fueled by an impending energy crisis, and Americans need to drastically change their lifestyles to survive. That was the message delivered by Richard Heinberg in his keynote speech for the “First U.S. Conference on Peak Oil and Community Solutions”…
Analysts, economists and industry spokespersons seem very reluctant to talk about depletion or production decline. Chris Skrebowski of ODAC has analyzed the 2004 BP Statistical review of World Energy and has noted that there were 32 countries that were able to increase production in 2003, vs. 18 countries which have been in decline for 3 years or more.
Once again, neither Democrats nor Republicans honestly addressed three of the major issues that threaten the very survival of our way of life.
A vital $3bn (£1.6bn) pipeline designed by BP to help meet Britain’s oil needs well into the next decade has been riddled with corrosion, it emerged yesterday.
“Make no mistake about it, the visions being mapped out for a hydrogen economy on both sides of the Atlantic provide an excuse for the revival of nuclear and give environmental legitimacy to fossil fuels.”
My book tells a story of oil from its birth hundreds of millions of years ago through to its maturation into deep underground, as well as the modern tale of crudes abrupt exhumation, the battle to control its riches and its effect on the environment out of which it came
Plans for major reforms in Iraq’s oil sector have been postponed as the interim government focus on its daily problems, the Middle East Economic Survey reported on Tuesday.
Saboteurs attacked an oil pipeline and an oil well near northern Kirkuk on Wednesday, oil officials said.
The world’s oil supply is headed toward a crisis state that could flare as early as next year, fueled by steaming demand and declining production, a longtime sector investor and analyst said on Wednesday.
A controversial plan to allow oil drilling in Alaska’s Arctic National Wildlife Refuge is likely to move forward now that there will be enough votes in the Senate to push the measure ahead.
Unless demand plummets, world oil supplies are nearly certain to remain tight through the rest of this decade, according to a study by the Oil Depletion Analysis Centre in London.