Insight and inspiration in turbulent times.
Guinness Atkinson Asset Management LLC have released a report to publicise their Global Energy Fund which draws attention to the Hubbert Curve of oil production. “We believe that oil will breach the $100 per barrel level benchmark at some point in the next 15 years.”
Any government concerned about global security and climate change should be banning 4×4s.
A significant factor behind the higher prices this year is the fear that the global oil industry is close to capacity.
Recent announcements from Repsol YPF, the big Spanish oil and gas company, indicate an ambitious expansion program, with projects planned for countries like Libya and Equatorial Guinea that are not for the risk-averse. But none has attracted as much attention as its gamble on Cuba.
Energy giant Total has shut down oil and gas production in Nigeria in the face of a threatened labor strike that raised management fears that there could be violence, the company said Tuesday.
The International Energy Agency is planning to unveil plans in October that it hopes will lead to a mandatory global standard for accounting of oil and gas reserves.
This essay was in large parts presented at the
“Renewables 2004” in Bonn (June 3 2004) and at
“Lucerne Fuel Cell Forum” (June 29 2004).
The roles of hydrogen, oil, gas, coal and nuclear are reconsidered as well as the perspective of a energy system mainly based on renewable energy.
Energy price rollover will signal the day when oil becomes “way too expensive and tourism may have a problem in New Zealand’’.
Iraq’s oil exports were cut nearly in half as workers struggled Monday to repair a key pipeline shut down after looters sabotaged the line, officials with the South Oil Company and traders said.
IT SHOULD BE clear by now, even to those in the White House, that America needs a new oil strategy.
Iranian Oil Minister Bijan Namdar Zanganeh announced that new oil discoveries in the southwest of the country now meant the Islamic republic held the number-two position in world crude reserves.
Russian law enforcement officials attempted to seize the headquarters of the Russian oil company Yukos yesterday, days after it was landed with a tax bill of £3.8 billion.
