Arctic oil rush will ruin ecosystem, warns Lloyd’s of London Insurance market joins environmentalists in highlighting risks of drilling in fragile region as $100bn investment is predicted Share2804 reddit this Comments (82) Julia Kollewe and Terry Macalister The Guardian, Thursday 12 April 2012 Article history The report, by Chatham House analysts, warns: ‘Other than the Continue Reading →
According to Petroleum Economist, “Although tar sands occur in more than 70 countries, the bulk is found in Canada in four regions: Athabasca, Wabasca, Cold Lake, Peace River; together covering an area of some 77,000 km2“.(1) In fact, the reserve considered to be technically recoverable is estimated at 280-300 Gb (billions of barrels), larger Continue Reading →
Oil Shale Reserves Oil Shale Reserves: Stinky Water, Sweet Oil A Daily Reckoning White Paper ReportBy Dan Denning You won’t think much of Rio Blanco County if you ever drive through it. In fact, unless you take a right turn off Interstate-70 West at Rifle, head north on Railroad Avenue and then west on Government Continue Reading →
Oil Price Daily News Update China Hopes for Progress in Talks between Iran and the UN Security Council Natural Gas is Sticky If Chevron’s Romania Fracking Deal is so Good, Why the Secrecy? What the EIA’s World Oil Production Data for 2011 Tells Us About 2012 Chechnya Courts Azerbaijan after Fallout with Russian Oil Giant Continue Reading →
13 April 2012 ENERGY & ENVIRONMENT: Fukushima impacts global nuclear generation in 2011 The amount of electricity generated by nuclear power plants worldwide fell by just over 4% in 2011, primarily due to reactors being idled in Japan following the Fukushima accident and Germany’s reflex reaction to close its older units. ENERGY & ENVIRONMENT: Germany Continue Reading →
News 2 new results for PEAK-OIL The New EIA Oil Supply Data Confirms Your Peak Oil FearsBusiness InsiderThe US Energy Information Administration (EIA) recently released full-year 2011 world oil production data. In this post, I would like show some graphs of recent data, and provide some views as to where this leads with respect to Continue Reading →