Shell Say Only Half of North Sea Oil and Gas Exploited So Far
The Royal Dutch/Shell group strongly reaffirmed its long-term commitment to the maturing UK North Sea fields yesterday, saying there was at least 50% more oil and gas to be produced.
The Royal Dutch/Shell group strongly reaffirmed its long-term commitment to the maturing UK North Sea fields yesterday, saying there was at least 50% more oil and gas to be produced.
The Oil Age, defined by abundant and cheap petroleum that fueled a century of boundless economic growth for the United States and other industrialized nations, is coming to a close more rapidly than most Americans realize.
South Australia should be acting now to avert the economic, social and agricultural catastrophe that will come as oil reserves decline and prices soar.
Shell’s first US hydrogen station is open now, reports John Vidal. But will we all be filling up soon?
The first problem with energy is that we are running short of traditional sources of supply.
Since the 1980s, Los Angeles has quietly built a mass-transit network — subway, commuter rail, light rail, rapid bus — that’s slowly taking strain off roads. Development around that network is taking off. New housing near transit hubs is in sharp demand by commuters like Thacher.
You might think that renewable energy proponents could count on the backing of environmentalists, and in most cases they can. But not when it comes to biomass energy, or energy derived from organic matter, including landfill and forestry wood waste.
A sharp increase in oil prices should encourage oil producing countries, but in Georgia production has noticeably decreased.
“Oil production is now in decline in eighteen countries around the world”, said Chris Skrebowski, Editor of Petroleum Review, at yesterday’s Energy Institute oil depletion debate.
Community Services, Inc., is a small organization with a big agenda. Concerned with what it perceives as an impending energy crisis, the Yellow Springs group wants to help lead the country toward sustainable living. (Coverage of First U.S. Conference on Peak Oil and Community Solutions).
Pipeline and power company TransCanada Corp. plans to band together with international energy giant Royal Dutch/Shell Group to build a $700 million (U.S.) liquefied natural gas terminal off the coast of New York state.
The $7 trillion national debt, unparalleled domestic consumer debt, the fall of the dollar and rise of the Euro, peak oil, the rise of the biggest markets by far in Europe and China – all adumbrations of a collapsing U.S. economy. [Warning: political rant]