Insight and inspiration in turbulent times.
Indonesia, Southeast Asia’s only OPEC member, may become a net oil importer this year as projects led by ConocoPhillips, Unocal Corp. and PetroChina Co. fail to stem falling output, helping to boost fuel prices to records.
Robert Ebel of CSIS, Washington, talks to Global Public Media’s Julian Darley about the difficulties that Russian oil and gas production now faces. He also comments on US energy policy and the new Oilfields Megaprojects Report.
Speculation over the actual size of Saudi Arabia’s oil reserves is reaching fever pitch as a major bank says the kingdom’s – and the world’s – biggest field, Gharwar, is in irreversible decline.
Social critic James Howard Kunstler has railed for years against the twin evils of bad urban design and suburban sprawl. Based in Saratoga Springs, the author of The Geography of Nowhere and Home from Nowhere warns that our beloved cars — and the subdivided landscape they drive us to — are leading American culture down a four-lane highway to destruction.
Realism is the philosophical notion that what our scientific theories tell us about the world are more or less, or approximately true.
ANWR is only the most noticeable tip of the iceberg here, as the White House and Congress are working together to open our entire remaining wilderness to resource production. We are witnessing the start of a mad scramble for crumbs as Peak Oil announces the end of abundance.
The Gorgon project involves far more than just the development of an isolated, deepwater, sour gas reservoir on an ‘A’ class nature reserve. There’s a secret agenda, says Martin Hastings, the subterranean storage/disposal of approximately 5 million tonnes a year of CO2 into an underground aquifer.
Many govenments around the world are pushing carbon sequestration as the panacea to global warming. Deeper analysis shows that economic realty will push most economies towards a nuclear solution – the only problem of which is – what to do with the waste.
As the United States gears up for an attack on Iran, one thing is certain: the Bush administration will never mention oil as a reason for going to war.
Michael Klare discusses the recent and proposed changes to locations of US overseas bases in relation to changed geopolitical circumstances and the need to protect its sources of oil.
Saudi Arabia is promising petroleum buyers all the crude they want to build inventories ahead of an expected sharp increase in demand, according to a media report Thursday. The world’s largest oil exporter is offering to pump to capacity, The Wall Street Journal reported in its online edition, citing an unnamed senior OPEC official.
The $11 billion Gorgon gas project, off the West Australia coast, moved a step closer yesterday with project partner Shell saying it had finalised the sale of 2.5 million tonnes of Gorgon LNG (liquefied natural gas) a year to the US west coast.
