The End of Oil
Oil, besides being a whole lot of political trouble, is approaching its production peak. What to do?
The boom that only oils the wheels of corruption in Equatorial Guinea
When oil was found in 1996 in Equatorial Guinea, the former Spanish colony in West Africa was one of the poorest countries in the world. Today, this small and sparsely populated country of 465,000 inhabitants has an offshore production of 350,000 bpd, making it the third largest sub-Saharan producer of oil, behind Nigeria and Angola. According to the African Development Bank, a year after oil was found, gross domestic product went up 76 %.
Quest for energy is race against time
New forms of energy need to be developed quickly or else the world faces a cataclysmic economic and environmental future writes Jeremy Leggett
Raymond urges “constructive relationships” with oil-producing nations
“We simply do not yet have the economic solutions or technologies that would permit us to meet future energy demands without carbon emissions growth,” Exxon Mobil chairman Lee R. Raymond said.
East Asia readies emergency measures to overcome oil supply concerns
Facing runaway oil prices and security fears, East Asian officials meeting in Manila will make emergency plans that included creating oil reserves and finding alternative sources for their energy imports.
Middle East: EU Modifies U.S. Plan On Promoting Regional ‘Democracy’
The European Union says it has modified an ambitious U.S. plan to promote democracy in the Middle East. [propaganda warning]
Crossing the Red Line
Bill McKibben discusses Paul Roberts’ book the End of Oil in the context of climate change.
Dwindling Oil and 9/11 (audio)
Presentations by independent investigators at the international inquiry on 9/11 held in San Francisco in March.
State explores North Slope gas pipeline financing options
The state of Alaska held preliminary talks with investment banking firms in New York City May 25 to explore options should the state decide to help finance a North Slope natural gas pipeline.
Norway, Russia jealously eyeing virgin oil fields
OSLO: In a world growing increasingly worried about oil supplies, there is one large white spot on the fossil fuel map, eyed eagerly by both Norway and Russia, but accessible to neither without a treaty.
Australia: Oil’s not well: crisis looms
The opening session of the 10th South East Asia Australia Offshore Conference will hear that Australia’s demand for oil is greater than supply and the gap is growing.
Solar power city offers 20 years of lessons
A 20 year experiment in renewable energy leaves some unclear answers. Has solar power worked here? Has it worked around the country? Can it help us get beyond our dependence on fossil fuels? Yes and no, to all three questions.
