Oil industry – March 15
Halliburton moves CEO to oil-rich Dubai
Halliburton heeds the call to Go East
The new Seven Sisters: oil and gas giants dwarf western rivals
Arctic gas project costs top $16 billion
Halliburton moves CEO to oil-rich Dubai
Halliburton heeds the call to Go East
The new Seven Sisters: oil and gas giants dwarf western rivals
Arctic gas project costs top $16 billion
Report: Burying greenhouses gases will be key
Interview with MIT coal report co-chair
Afghan Mine mirrors nation’s descent into hell
Study: Coal industry faces bleak future
Markets Don’t Work Anymore
Nigeria: Energy Infrastructure Firestorm
Fuel Lines by Lisa Margonalli (review)
Leading academics from an interdisciplinary Massachusetts Institute of Technology (MIT) panel issued a report today that examines how the world can continue to use coal, an abundant and inexpensive fuel, in a way that mitigates, instead of worsens, the global warming crisis.
Letter published in Nature from co-founder of Beyond Oil South Australia, responding to recent Thats Oil Folks article.
Growing costs ‘put Shetland oilfield plans in jeopardy’
The new Seven Sisters
UK in ‘murky Iraq oil deal’
Halliburton to move to Dubai
Kuwait determined to reach 4mil.b/d
West Aus. operators dodge more cyclones
The thrust of the article is what we have come to expect from a lot of the mainstream media. I hope the article stimulates a high-level conversation that is not just a short-term critical shot, much as that is easy and warranted.
The examples the New York Times article provides correspond to isolated incidences where advanced technology can get some “reasonably” large amount of extra oil out of an old field.
The New York Times article is an example of how specific data, cited as “proof” for a particular theory could in fact be evidence for the complete opposite conclusion if the entire data set was examined.
The peak oil community takes issue with the article in the March 5 New York Times: “Oil Innovations Pump New Life Into Old Wells.”
I see no plausible scenario in which a liquid fuels crisis arising within about 5 years can be averted on the supply side. This is too little time in which to compensate for declines by producing large quantities of liquids-from-coal or biofuels, if that is even possible. And that in turn means that demand-reduction strategies will be required in order to balance the available supply with requirements for transport fuels. The sooner such strategies are identified and implemented, the better the prognosis for societal adaptation.
China building huge coal-to-liquids plant at Ningxia
TXU plans 2 ‘clean coal’ power plants
Japan OKs record coal price
Howard gifts $100mil for ‘clean coal’
U.S. Opposes Canadian Coal Mine