Insight and inspiration in turbulent times.
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.
I am going to hire one guy with a wrecking ball to demolish my house,
another guy to estimate the damages, and, after declaring bankruptcy,
someone else to not only fix it, but make my house even better. Sounds
crazy, but when you look carefully at all the issues interconnected with
what is termed “climate change,” that’s essentially the scheme our society
is engaged in. Let me explain.
The row over the intrusion into Japanese waters of one of China’s nuclear submarines is the latest in a long series of awkward moments in the fraught relationship between Asia’s two most powerful nations.
Microbes are continually converting hydrocarbon deposits in the Powder River Basin to natural gas, and if managed properly, can help turn coal-bed methane into a renewable energy source, researchers said Tuesday.
With oil prices skyrocketing, coal production is increasing in the countries like US, China and India despite environmental hazards, a media report claimed.
China says its oil imports will jump by nearly 10 percent this year to 100 million metric tons (700 million barrels), making up 40 percent of its consumption.
Municipal and state officials are reluctant to say whether the purchase of wind energy, which costs about 2 percent more than conventional sources, is in fact a violation of state law state which appears to prohibit municipalities from paying a premium for utilities, instead mandating that they accept the lowest bid.
