Oil Industry – Aug 20
Kazakhstan’s Kashagan costs blowout
Sacked Iran minister warns of energy ‘catastrophe’
Esso reckons 20 more years of oil left in Bass Strait
Kazakhstan’s Kashagan costs blowout
Sacked Iran minister warns of energy ‘catastrophe’
Esso reckons 20 more years of oil left in Bass Strait
An executive summary of weekly news from a peak oil perspective, featuring:
– Production and Prices
– Iraq
– Rumblings from Canada
– Energy Briefs
Swiss scientists say politicians and the public should have a greater awareness of “peak oil” – the moment when the world’s maximum crude oil output is reached. “It’s as if we planned to climb the Matterhorn to get to the summit at midnight, leaving it much too late to descend.”
Failure of complex systems comes about not because the systems fail to accomplish their nominal purpose, but as a result of unintended consequences of the interactions of the component parts.
To correct for earlier over-optimistic forecasts, the International Energy Agency (IEA) has reduced its estimates for non-OPEC oil production by 410 kb/d from second quarter 2007 onwards. This change has been little noticed in the press.
Russia’s oil production is poised to peak or plateau sometime in the 2010-2012 period. If you are concerned about peak oil, it is necessary to track events in the world’s largest oil producer.
Tropical Storm Dean heads towards Caribbean
There’s money in oil, oystermen find
Clash over Canadian oil sands inevitable
Drilling hits new high in ultra-deep Gulf of Mexico
Disappointing first half douses hope for ’07 big oil output gains
While the watchdog sleeps (the press)
Oilwatch Monthly
Fleming: Transition, resilience and tradeable energy quotas
What happens after the US healthcare system dies?
The impact of peak oil on rural communities: Cornwall
PO and peak investment constraining production levels
New DiCaprio film takes on environmental crises
Carbon-free and nuclear-free: a roadmap for U.S. energy policy
Curing our “Global Fever”: William H. Calvin
An executive summary of weekly news from a peak oil perspective, featuring:
– Crude and the Credit Crunch
– The Oil Market Report
– Nigeria
– Energy Briefs
Many pundits claim that the absence of severe consequences from oil price hikes were due to a growing independence of GDP creation from oil in our more efficient and more service-oriented economies. To what extent this is really true, and at what point will serious consequences set in?
Middle East risks fuel oil crunch period, says IEA
Cuba: Oil and pollution at a critical stage
Trindidad and Tobago: Audit shows natural gas will run out by 2019 (Don’t panic)
ODAC News