oil production

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Latest blogosphere posts tagged “oil production”

  • Another Destructive Myth Exposed


    Pete'sPlaceAuthority Authority: 121
    The Oil Addiction Myth Posted By William Yeatman On December 12, 2008 @ 9:32 am Every day some pundit, politician, activist, business leader, or academic claims that America’s “oil addiction” endangers U.S. national security and, indeed, the habitability of our planet. Champions of this message now include ...
    3 days ago
  • World Oil Production Forecast - Update November 2009


    The Oil Drum - Discussions about Energy and Our FutureAuthority Authority: 650
    World oil production peaked in July 2008 at 74.74 million barrels/day (mbd) and now has fallen to about 72 mbd. It is expected that oil production will decline at about 2.2 mbd per year as shown below in the chart. The forecasts from the IEA WEO 2008 and 2009 are shown for comparison. The IEA 2009 forecast has ...
    4 days ago
  • Mexico’s economy contracts 6.2 percent in third quarter


    Thaindian NewsAuthority Authority: 726
    Mexico City, Nov 22 (EFE) Mexico’s gross domestic product fell by 6.2 percent in the third quarter relative to the same period of 2008, beating analysts’ expectations, authorities said.Inegi statistics institute said Friday that, excluding seasonal factors, the country’s GDP rose 2.93 percent in the ...
    5 days ago
  • Consider Schlumberger, because oil isnt going out of style


    BloggingStocksAuthority Authority: 659
    Filed under: Schlumberger Limited (SLB) , Stocks to Buy One can look at likely rising oil and gasoline prices one of two ways. You can get frustrated, or you can profit from it by buying Schlumberger Ltd. ( SLB ), which is why Im reiterating my buy rating for the company, first recommended on May 6, 2009 at a ...
    1 week ago
  • Time and the Latest CERA Report


    The Oil Drum - Discussions about Energy and Our FutureAuthority Authority: 650
    One of the features of many models that are used to predict future events is that they focus on target years. Decadal years are the most common target years, so that whether talking of climate or the amount of oil or natural gas available, models focus on, for example, the amount that will be available in 2030. The ...
    1 week ago
  • No Peak in Oil Before 2030, Study Says


    Green Inc.Authority Authority: 739
    A new report suggests that oil production will not peak for at least two more decades, and will plateau for decades after that.
    1 week ago
  • Indian Petroleum Ministry Seeks Rs 11,853 Cr Oil Bonds For Fuel Retailers


    Mining Companies Exploration and Investment NewsAuthority Authority: 118
    The Petroleum Ministry has sought oil bonds worth Rs 11,853 crore for state-run fuel retailers to make up for the losses they incurred on selling domestic LPG and kerosene below cost during the first half of the current fiscal.Three fuel retailers Indian Oil Corp (IOC), Bharat Petroleum Corp (BPCL) and Hindustan ...
    1 week ago
  • Oil production is reaching its limit: what this means


    The Oil Drum - Discussions about Energy and Our FutureAuthority Authority: 650
    I decided to write another rather basic level article because there are so many people I meet who have heard a bit about the oil situation, and it is hard to point to one single article to give an overview of some of the current issues. Regular readers will find many repeats of graphs. There are some new ones, as ...
    1 week ago
  • IEA Whistleblower: World Closer To Running Out Of Oil Than Official Estimates Show


    Boom2Bust.comAuthority Authority: 574
    You may have heard that the International Energy Agency released its latest report on world oil demand and supply yesterday. But did you also hear about the existence of an IEA whistleblower who is claiming the Paris-based agency is underplaying a looming oil shortage in the fear that it might create a panic? From ...
    2 weeks ago
  • Oil production down by almost 29% in first half of FY 2009


    The Sir Robert Bond PapersAuthority Authority: 437
    Oil production in Fiscal Year 2009 (Apr 09 – Mar 10) is on track to fall below even the low-ball estimates used in the spring provincial budget.  The provincial government estimated oil production in 2009 would be 98 million barrels.  That’s 21% below 2008, based on the production for Calendar Year 2008 ...
    2 weeks ago
  • ‘Drill, baby, drill!’ Rock ‘n’ Roll Quality Demands It


    Bob McCarty WritesAuthority Authority: 441
    According to the folks at Overthinkingit.com, the decline in U.S. oil production is explained by the Hubbert Peak Theory, which states that “the amount of oil under the ground in any region is finite, therefore the rate of discovery which initially increases quickly must reach a maximum and decline.” Makes sense, ...
    2 weeks ago
  • Non-Opec oil production


    Oil and Gas NewsAuthority Authority: 138
    Non-Opec Supply Non-Opec oil production will peak next year, the International Energy Agency (IEA) has announced. The IEA also says that post-peak gas fields are declining at a rate of 7.5%, but there should be enough recoverable gas reserves to satisfy world demand until at least 2030.Global oil demand is expected ...
    2 weeks ago
  • Nuclear Power: The answer to the UK’s energy woes?


    Uranium Investing NewsAuthority Authority: 437
    The Collective Energy(Editorial) reports nuclear power making headlines in UK’s energy sector.The announcement comes amidst heightened concerns surrounding the peak oil debate, with the UK ERC claiming that conventionally extracted global oil production could ‘peak’ and go into terminal decline before ...
    2 weeks ago
  • Peak Oil: Key oil figures were distorted by US pressure, says IEA whistleblower


    Survival News NetworkAuthority Authority: 144
    The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying.The senior official claims the US has played an influential role in ...
    2 weeks ago
  • Oil shortage? Sources charge U.S. influence inflates worlds supply


    DailyFinanceAuthority Authority: 805
    Filed under: Energy , Economy , People Will the world soon run out of oil or are we swimming in the stuff? That debate just got a little murkier following a report in the Guardian newspaper that figures detailing how much oil the world has on tap have been distorted in deference to the United States. The ...
    2 weeks ago
  • Peak Oil: Key oil figures were distorted by US pressure, says IEA whistleblower


    Get Out of Dodge!Authority Authority: 136
    The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying. The senior official claims the US has played an influential role in ...
    2 weeks ago
  • Tropical Storm Ida shuts down some Gulf oil production;


    Lucrative InvestingAuthority Authority: 529
    There are several oil platforms directly in the path of Tropical Storm (but was once Hurricane) Ida. Production on some Shell, Exxon and Chevron platforms has come to a stop for right now, but the storm is expected to leave the area sometime tomorrow. So far, Chevron has shut down its Tahiti, Blind Faith and Petronius ...
    2 weeks ago
  • Hurricane Idas trip through Gulf of Mexico could push oil prices higher


    DailyFinanceAuthority Authority: 805
    Filed under: Energy It has been months since a hurricane posed a real threat to oil rigs in the Gulf of Mexico. Now, Hurricane Ida is entering the region from the west after doing significant damage in Nicaragua. Most hurricanes that move into the Gulf end up doing very little damage to either deep sea drilling ...
    2 weeks ago
  • Cure of Shortage and Famine


    Reason for LibertyAuthority Authority: 115
    We have seen how the state planning for alleviating famine and food shortage fails miserably in a planned economy. Often in a mixed economy, government seeks proper control over the agriculture and food sector and that becomes the reason of corruption and further suffering at the times of need, scarcity and famine. On ...
    2 weeks ago
  • Natural gas from shale


    The Center of the UniverseAuthority Authority: 432
    [ Skip to the end ] Good story. The key is to replace crude oil which is now largely used for ground transportation. Pluggable hybrid cars can do the trick if we can get through the next 10 years while they begin to take over. And natural gas can begin to replace coal for electric power generation needs as ...
    3 weeks ago

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