Big North Sea oil find revealed
A “significant” oil and gas find has been made in the North Sea west of Shetland, it has been announced.
Fossil Fuels
Oil: The Dividing Line Of The New Cold War
Virtually all of the recent political machinations in the region, including, not only the Iraq war, but also developments in Iran, and the Ukraine’s recently disputed Presidential election, can be best understood through the prism of oil pipeline politics.
US: Federal energy regulators smooth the way for liquefied natural gas terminals
After scores of private meetings with Big Oil giants such as ExxonMobil and ChevronTexaco, the Federal Energy Regulatory Commission is aggressively undermining the authority of state and local governments to reject dozens of proposed liquefied natural gas facilities all across the country.
No Escape from Dependency
The looming energy crisis overshadows Bush’s second term writes the author of Blood and Oil: The Dangers and Consequences of America’s Growing Petroleum Dependency
Topping Off the Biggest Gas Tank
This is part of the world’s largest and most expensive filling station, the United States Strategic Petroleum Reserve, where a large portion of the government’s nearly 700 million barrels of oil are stored in underground salt shafts that are supposed to be stable into the 2020’s.
Europe growing dependent on Russian energy: IEA
Europe is becoming more and more dependent on Russian energy supplies, making it vulnerable to high prices that help Moscow reach growth and investment objectives, IEA executives say.
Chinese state-owned oil firm Sinopec confirms interest in Alberta oil sands
A major Chinese state-owned oil and gas company confirmed Monday it is interested in investing in Alberta’s oilsands, as the world’s most populous country seeks energy sources to fuel its growing economy.
Russia May Stop Exporting Energy Sources by 2010 — Expert
The low energy effectiveness of the Russian economy may lead to a situation where Russia will be forced to stop all exports of energy sources such as oil and gas as early as 2010.
Race begins for Libya’s oil
THE world’s biggest energy companies are preparing to fight it out for a stake in Libya’s alluring oil and gas industry.
Saudi Arabia: Tribal timebomb
Exclusive information gathered by Asia Times Online suggests that the latest incident of violence in the port city of Jeddah in Saudi Arabia is the manifestation of extreme discontent within the Saudi socio-political system, which will be further reflected in the shape of more violence in the coming days.
Powerswitch Newsletter 7th December 2004
More updates from the excellent British Peak Oil website.
Peak production in the news again
My proposition is that reduction in demand plus an addition in supply will delay peak production well beyond this decade.
