Insight and inspiration in turbulent times.
Deep water covers 180 billion barrels of the world’s undiscovered oil and natural gas reserves, more than twice the amount yet found, Scottish energy consultants Wood Mackenzie said Wednesday.
The booklet addresses the topic of Peak Oil in a novel and refreshing way, as a commentary on an imaginary Public Inquiry.
When John Kerry is president, decades-old ties with Saudi Arabia could be in for an overhaul as he combats terrorism and reduces U.S. dependence on Mideast oil.
When geologists speak of Hubbert’s Peak, they’re not talking mountaintops or hairdos. They’re referring to a time – maybe not so far off – when the world will run out of fertile new oilfields and new ways to recover oil, and petroleum supplies will begin an inevitable and maybe very fast slide.
On August 14, 2004, Venezuelan voters will decide on a referendum, which has the utmost world historic and strategic significance. What is at stake is nothing less than the future of the energy world, the relations between the US and Latin America (particularly Cuba), and the political and socio-economic fate of millions of Venezuela’s urban and rural poor.
When Richard Heinberg wrote The Party’s Over he expected that global oil production peak would most likely to fall within the window of 2006 to 2015. These days (18 months after the book was finished) he’s “more likely to say 2006 to 2010.” Here’s nine events which explain that.
Iraq’s oil production is expected to remain constrained for the next one to two years by ongoing attacks against oil infrastructure, despite the US-led Coalition Provisional Authority’s (CPA) transfer of power to an interim Iraqi government, interim Prime Minister Iyad Allawi said June 28.
Two of Canada’s major oilsands producers are facing lower production targets this year due to unplanned maintenance at their huge open-pit mining operations in northern Alberta.
Every conflict since World War One has been influenced by oil in some way.
The minister stressed close contacts between Iranian and foreign contractors to help promote national oil, gas and petrochemical industries.
The fighting in Sudan’s Darfur region, which is being reported in the world press as ‘ethnic cleansing’ and a ‘humanitarian crisis’, reportedly stems from attempts to gain control over the oil resources in the region, claim Arab sources.
China is in discussions with a group of six Middle Eastern countries to establish a free trade pact, state media reported Monday.
