Projection Of World Fossil Fuel URR
An interesting paper was published by S.H. Mohr, J. Wang , G. Ellem , J. Ward , and D. Giurco in Feb 2015 entitled, Projection of world fossil fuels by Continue Reading
Nigeria’s Oil Minister Has Eye on Shale as OPEC Readies Cuts
Kachikwu sees crude rising just above $50 if deal is reached Producers due to meet on Nov. 30 to allocate output quotas As OPEC prepares for talks on eliminating a Continue Reading
Argentina plans railway to help lower shale drilling costs
Argentina’s national government is in the preparatory stages for equipping an aging railway and laying new train tracks to service the Vaca Muerta shale play. Jorge Ocampos, a legislator in Continue Reading
10 Countries that Are Running Out of Oil
These 10 countries that are running out of oil will face serious problems down the road unless new reserves are found and tapped into. For a while now, you can Continue Reading
IEA expects oil investment to fall for third year in 2017
Investment in new oil production is likely to fall for a third year in 2017 as a global supply glut persists, stoking volatility in crude markets, the head of the Continue Reading
Argentina’s YPF to expand shale oil drilling with Petronas
Argentine state-controlled energy company YPF ( YPFD.BA ) said on Wednesday it plans to continue a pilot shale oil project with Malaysia’s Petronas ( PGAS.KL ), announcing an additional $192.5 Continue Reading
Producers urged to ignore conventional oil, gas at their peril
The future for conventional oil projects is far from over despite the recent slump in large finds and an industrywide shift to developing tight oil, delegates at an upstream event Continue Reading
Land is scarce. Or just a civilization myth!
You can Google this one. Just the way I did. Keywords ‘World Population’. The world population as of October 2016 is estimated at 7.4 billion. And the UN estimates it Continue Reading
Tesla Shock Means Global Gasoline Demand Has All But Peaked
IEA forecast has ‘major implications’ for refining industry Oil watchdog sees gasoline demand falling from now until 2040 After fueling the 20th century automobile culture that reshaped cities and defined Continue Reading
Texas Bill Would Give Super Majority Rights to Drill Old Wells
A bill that could bring thousands of jobs back to Texas’ struggling oilfields is up for consideration when the Legislature reconvenes in January. The so-called Majority Rights Protection Act, filed Continue Reading