Publication date: 2008-12-30 First published in: Science & Public Affairs Authors: K. Aleklett, M. Lynch Abstract: Do we need to worry about Peak Oil? Are oil supplies in decline? Kjell Akelett and Mike Lynch beg to differ in this written…
Publication date: 2009-03-01 First Published in: Natural Resources Research Authors: M. Höök et al Abstract: The giant oil fields of the world are only a small fraction of the total number of fields, but their importance is huge. Over 50%…
The world could run out of oil in 20 years. This grim scenario is not the prediction of environmentalists, but of Michel Mallet, the general manager of French energy giant Total’s German operations. In an interview, Mallet calls for a…
The number of exploration wells being drilled in the North Sea has collapsed by 78% in the first quarter of 2009 compared with the same period last year, according to the most recent industry data from Deloitte, the accounting and…
Russian gas monopoly Gazprom believes global demand and its own gas production will be depressed by around 10% for the next 4-5 years, its deputy chief executive said today. “A reduction in demand of 10 percent will continue for the…
Publication date: 2009-04-07 First Published: Energy Policy Authors: L. Zhao et al Abstract: Peak oil research and the Association for the Study of Peak Oil and Gas (ASPO) have contributed a great deal to improve people’s recognition of peak oil.…
Publication date: 2009-03-03 First published in: Energy Policy Authors: C. de Castro et al Abstract: In this paper, the possible substitution of conventional with non-conventional oil is studied using system dynamics models. The model proposed in this paper is based…
A crash in oil prices has confirmed the dominance of fossil fuels, Opec ministers, and other energy producers said today at a seminar, but they also stated their commitment to fighting the pollution they generate. “Fighting climate change cannot realistically…
The US should consider new gasoline and diesel taxes and expand domestic oil and natural gas production to recently opened offshore areas to increase the nation’s energy security, IEA chief economist Fatih Birol said today. The US government should consider…
The International Energy Agency fears that an expected recovery in oil demand from 2010 and oil project cancellations due to low crude prices and the credit crisis will mean no spare oil capacity at the end of 2013. “That is…