Mexico’s Pemex reports huge new oil finds
Mexico’s Pemex has detected vast new oil deposits in the Gulf of Mexico that could double the country’s total reserves and boost its oil output to rival Saudi Arabia’s, the state oil monopoly said on Monday.
Oil
Can We Live Without Oil?
The fall 2004 issue of YES! magazine is devoted to Peak Oil. About a dozen articles are available online. Subjects include biodiesel, hydrogen, transportation and conservation. Authors include Hunter Lovins, James Lovelock and David Orr.
NZ relies on flawed global oil production data
The New Zealand government depends on the IEA’s oil production projections. As concerns about global Peak Oil began surfacing in the mid to late 90’s the IEA has succeeded only in delivering a “business as usual” message but with seriously flawed “hidden variables”.
Get Ready for the Peak Experience
Thanks to the collusion of industry, financial and government interests, the coming decline in oil production is portrayed as so impossibly far off in the future that there is no sense talking about it – but talk we must.
Oil supply, demand set on a hair trigger
With no room for error, prices will be volatile. Buckle up. The country could be in for an oil-price roller-coaster ride three to five years long.
The End of Ancient Sunlight
There are good reasons to move away from dependence on oil — war and climate change are among them. Then there’s the fact that oil extraction is about to peak, and we don’t have a plan for a world of diminishing oil supplies.
High oil prices here to stay: IEA
The IEA’s principal oil analyst Antoine Halff is questioned about the recent spike in oil prices and what affect oil geology may be having.
Britain dragged into coup plot as rumours swirl over London meeting
Thatcher’s business partner turns state witness as diplomatic row builds over alleged west African putsch.
Putin’s hands on the oil pumps
For a decade Washington has backed the Turkish and Azerbaijan governments to steer the export of Caspian region crude oil away from Russia. Russia’s newest riposte has been to ally the Russian and Iranian oil industries, and open up the shortest, cheapest and most lucrative oil route of all, southwards out of the Caspian to Iran.
Impact Of Oil Output Fall At Ageing Fields Seen As Acute
LONDON –Falling oil output from ageing fields, once insignificant compared with global production, has become large enough to impact world supply and may help explain the constant tightness in the oil market this year, according to analysts.
Chavez victory leaves questions
Trouble still lurks in the country’s massive oil sector, with industry experts warning that Venezuela needs long-overdue investment in aging oil fields.
Last major Nova Scotia exploratory well ‘abandoned’
Nova Scotia’s struggling offshore energy sector suffered a potential death blow yesterday with the closure of the only remaining well slated to be drilled by a major oil company.
