ASPO January Newsletter
January’s ASPO bulletin contains some of the month’s most important stories and includes a country assessment of Kazakhstan and details of the next ASPO conference to be held in Portugal.
Fossil Fuels
China Plans to Start Filling Strategic Oil Reserve in 2006
China, the world’s second-biggest oil consumer after the U.S., plans to start filling a government- controlled strategic oil reserve next year, a Chinese official said.
China and India raise the stakes
The prospect of Chinese and Indian oil companies buying oil and gas-producing assets in the US and Russia is changing the landscape in which the western oil majors operate.
Peak oil piquing public’s interest
Peak Oil in three paragraphs.
India signs mega LNG import deal with Iran
India has entered into an agreement with Iran to import 7.5 million tonnes per annum of liquefied natural gas (LNG), starting 2009, over a period of 25 years.
Louisiana’s oil infrastructure endangered
An impending crisis that could have a detrimental impact on the oil and gas infrastructure and fishing industry in the United States is leading scientists to investigate how to stop rapid deterioration and to start restoring marsh land in Louisiana’s southern coastal wetlands-which are losing a piece of land the size of a football field every 35 minutes.
Talk of oil decline moving into mainstream
Until about five months ago, Mel Hutto had never heard of “peak oil,” the belief that global oil production will decline and never return to the levels that have nourished American lifestyles.
The elephant of all elephants – history & geology of Saudi Arabia’s Ghawar Field
Among the many prolific oil fields in the Middle East, the giant Ghawar field in Saudi Arabia stands out as the crown jewel.
Conoco deals ANWR drilling a blow
ConocoPhillips’ decision to bow out of a lobbying group focused on opening up the Arctic National Wildlife Refuge to drilling means that two of the largest operators on Alaska’s North Slope are no longer actively advocating exploration in the refuge.
Peak Oil?
Long discussion of oil fundamentals, particularly the complexity & dynamics of markets, followed by superficial look at likelihood of production peak and potential of alternatives.
Gas rush: with shortages looming, Alaska firms seek new deposits
Clifford, 49, is an oil man, one in a growing stable of risk takers hunting new supplies of natural gas around Cook Inlet. They’re drawn by a big surge in gas prices, plus forecasts of a looming shortage for gas-addicted Southcentral Alaska.
Saudi supply demanding attention
When OPEC kingpin Saudi Arabia recently announced a production increase, there was scant mention the increase was mostly in the form of low quality crude rather than sweet.
