Insight and inspiration in turbulent times.
Bonds posted by companies with federal oil and gas leases cover only a small fraction of the projected costs of plugging wells and restoring land once the fuel is extracted, leaving taxpayers with the potential for huge cleanup bills…
President Chavez said that Venezuela will offer China greater access to Venezuelan resources, such as oil, natural gas, and related products, in an effort to reduce Venezuelan dependency on the U.S. market.
I recently saw the movie “The End of Suburbia”…The movie and the organization are about looking to the future to see what we as a civilization will do when oil prices start to increase substantially.
What types of property ownership are best for the world? This article explores how petroleum and water are being owned and mis-owned worldwide from a libertarian perspective.
Russia’s state owned oil firm Rosneft has bought the mystery winner of Yukos’ prize production unit in a move that nationalises 11% of the country’s oil output even as a legal battle rages in America over the sale.
A Peak Oil Nightmare
Russia’s oil output and export growth is likely to slow by almost 40 percent in 2005 as the ruin of top major Yukos, higher taxes and a pipeline bottleneck put the brakes on a five-year boom.
LEAL, Sudan — On this flat and dusty African plain, China’s largest energy company is pumping crude oil, sending it 1,000 miles upcountry through a Chinese-made pipeline to the Red Sea, where tankers wait to ferry it to China’s industrial cities.
Enbridge Inc. may offer an equity stake in a Canadian oil sands pipeline to a Chinese investor, but is concentrating efforts on attracting shippers for the C$2.5 billion ($2 billion) proposal, a spokesman said on Thursday.
When I went to work for Mobil Oil in 1966, M. King Hubbert’s prediction that Lower 48 crude oil production would peak in 1970 was controversial. Debate over the timing of the peak in global oil production can be taken as an indicator that it is getting close.
Venezuelan President Hugo Chavez arrived in Beijing for an official visit that aims to bolster his country’s oil deals with the Asian giant, state media and officials said.
An oil rich nation, where a minority is accused of benefiting disproportionately from mineral wealth…Clashes between police and the inhabitants of oil-producing areas that result in deaths…A scene from Nigeria? No – Ndolou, in south-western Gabon.
