Oil Industry – Mar 7
Castro’s revenge: The Cuban oil rush
BPs Reserves depleted, except in Russia
Exxon plans 25 new projects in next three years
Russia, pumped
Share stampede as Siberian reserves confirmed
Castro’s revenge: The Cuban oil rush
BPs Reserves depleted, except in Russia
Exxon plans 25 new projects in next three years
Russia, pumped
Share stampede as Siberian reserves confirmed
The Pentagon runs on oil. Since the so-called Global War on Terror has started more than half of US military oil consumption has been occurring outside continental US.
Appalling (“Last man standing” has failed)
Jay Hanson essay “Thermo/gene collision: On human nature, energy, and collapse”
Shell safety record in North Sea takes a hammering
Metal thieves steal kids’ slides, toilet roof in Japan
The subbhead (“Reports of oil’s demise are greatly exaggerated,”) indicates the point of view of the reporter: anti-peak oil, echoing CERA.
Chávez’s oil largesse winning fans abroad
Why Iraq’s new oil law won’t last
What would peace in the Middle East mean for the oil price?
There’s change in the air at Drax
Industry closes anti-coal website
Sasol cools on South African imposts
Gujarat power plants may triple coal imports
Dethroning King Coal
As concerns mount about climate change, getting new coal-fired plants built is harder than ever for US businesses.
Fierce competition for Libya’s black gold
Russia, pumped – the new petro empire
Selling Iraq by the barrel
Envoy warns Chavez about oil takeover
Chávez exploits oil wealth to push IMF aside
Oil prices set new records and the industry maintained a historically high level of activity in 2006. Energy agencies issued consensus forecasts that production would rise. Yet crude oil production was down and total liquids production was flat. The economists should be shaking in their boots.
“Matthew Simmons, a distinguished petroleum investor who is no liberal Democrat tree-hugger like me, he is one of the Bush family’s close friends. He’s a conservative Republican. He says we have 35 years of recoverable oil left.”
TOD: Saudi Arabian oil declines 8% in 2006
Brunei thinking about life after the peak
Texas oilman Pickens says global oil production at its peak
A draft US Government Accountability Office report finds that, though it is difficult to assess whether the world has reached “peak oil,” a large number of experts surveyed for the report believe the world may have reached the peak for conventional petroleum supplies, said Representative Roscoe Bartlett, Republican-Maryland. [excerpts]