Canadian natural gas reserves continue to fall despite record drilling activity
Canada’s known natural gas reserves continue to decline even though a record number of wells were drilled in 2003, the energy industry announced Thursday.
Fossil Fuels
India hardens its stance on Iran pipeline
Aware of Iran’s dependence on India to market its gas, New Delhi is dragging its feet even as Tehran pumped up the gas on the proposed Iran-India pipeline traversing through Pakistan.
India, Iran fail to agree on LNG deal
India and Iran have failed to seal a LNG-for-oil field deal with Tehran offering a “very high” price for the five million tonnes LNG it plans to sell to New Delhi.
How secure is Saudi oil?
Though oil prices have retreated from their record highs of October, a terrorist attack on oil installations in Saudi Arabia could send them soaring to new heights, according to a leading industry analyst.
Running out of oil
Colin Campbell believes that over the next 12 months the world will probably reach its peak of supply.
China: The Dragon in Central Asia – PART 1: The hunt for friends, and oil
Despite its geographic proximity, China for the past century played only a marginal role in Central Asia. Economically, politically and culturally, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Turkmenistan were firmly in Russia’s orbit. But independence in 1991 brought changes, among them the opening of the “Bamboo Curtain” to the East.
Olduvai update
The Olduvai ‘cliff’ event has been moved closer to the present by four years: namely from 2012 previously to 2008 in the update.
Venezuela Shuffles Leadership of Oil Industry
Analysts said the move was intended to strengthen Mr. Chávez’s hold over the oil industry at home while tapping Mr. RodrÃguez, an oil executive, to work toward the international expansion of Mr. Chávez’s leftist movement by using oil from the world’s fifth-largest oil exporter as a diplomatic bargaining chip.
Audio: Beyond Resource Wars: Peak Oil and Community Solutions (Part 1)
Audio recordings from the First US Conference on Peak Oil and Community Solutions featuring Pat Murphy and Richard Heinberg.
Oil prices prompt another look at shale
The U.S. government said Tuesday it was ready to resurrect oil shale drilling in the Rocky Mountains, a technology heralded 30 years ago to boost America’s energy output until it failed financially.
Professor Goodstein discusses lowering oil reserves
Lateline interview with David Goodstein, professor of physics and author of Out of Gas – the End of the Age of Oil.
Attempts to offset oil depletion in Venezuala through heavy oil processing
It is no secret that Petroleos de Venezuela (PDVSA) is having trouble maintaining production capacity. With a natural production decline of around 25% a year, it is necessary to develop that magnitude of additional oil for the production level to remain where it was.
