Insight and inspiration in turbulent times.
Article depicts the situation of Russian oilfields being auctioned off to the oil companies and coming online. It explains why Russian goverments keeps the size of its petroleum reserves secret, why the Eastern Siberia oilfields will not save the world from the lack of oil, and why the Eastern Pipeline being built to supply the countries of East Asia with Russian oil will never be filled.
The existence of big oilfields in Sudan’s war-ravaged Darfur region has added a new twist to a bloody, two-year-old conflict, potentially turning the quest for peace into tussle over resources.
With the recently opened pipeline from the Caspian to the Mediterranean, Big Oil in the guise of BP is showing its determination to get its hands on what seems to be the largest remaining deposits after the Middle East. But human rights abuses and a cavalier attitude to safety have come hand-in-hand with the new pipeline, writes Michael Meacher, former UK Environment Secretary.
In Oilcast 9 we check out prices at $55 once again, the upcoming OPEC meeting, the US SPR is nearly full, Angolan deepwater and a more in depth look at the fall in annual UK output by 17% with Chris Skrebowski (not live but…)
Plus a report from The Energy Research Centre of the Netherlands who have a fascinating look at oil peaks, globalisation and more…
As well as all this we have also figured out how to make our MP3’s a better – smaller – size. Enjoy.
Listen here (MP3 file, 4.9MB)
Report considering European energy transition scenarios, four story lines connecting plausible global developments in world energy markets and climate change policies consistently with European energy regime changes and related national innovation pressures. It includes explicit consideration of anti-globalisation arguments and climate change scenario’s, setting a new standard for integrated analysis.
Growth in the world’s oil and gas reserves stalled last year, a report from oil giant BP showed on Tuesday, bucking a trend that has historically seen new discoveries more than match production.
Written by a former vice president of Goldman, Sachs & Co. in collaboration with the former head of the Goldman Sachs Oil and Gas department, The Deal is a wake-up call for America. Against the backdrop of a Middle East oil war against radical fundamentalists, The Deal tells the story of a proposed merger between an American and a Russian oil company, and the lengths and depths to which our country will find itself forced to descend in pursuit of the next “black crack fix” unless we dramatically change our ways.
If the Earth were a car, its gas gauge would be approaching E. Some argue that we have miles to go before we hit the empty mark. Others say we’re running on fumes.
But nobody disputes that the world’s oil supply is finite and that some day the wells will run dry.
What we do between now and then will determine the quality of life for generations. Do nothing – or do something lethargically – and the consequences are catastrophic
Report on the ASPO conference in Lisbon, a national energy conference in Cleveland and an E.F. Schumacher Society training seminar.
A new Yale University research survey of 1,000 adults nationwide reveals that while Americans are deeply divided on many issues, they overwhelmingly believe that the United States is too dependent on imported oil.
The survey shows a vast majority of the public also wants to see government action to develop new “clean” energy sources, including solar and wind power as well as hydrogen cars.
If the peak oilers are right– and you may well be– there’s a straightforward way to use your understanding to turn yourself into a millionaire. This article explains how. (New blog by an economics professor from University of California at San Diego.)
World Energy (vol. 8 no. 1) carries a series of articles by the Chief Executives of the major oil companies… They speak of the magnitude of the challenge they face in meeting anticipated demand, rejecting any sense of fatalism. They try valiantly to convey a positive attitude as befits their position, but their tone lacks conviction.
