Editor

Editor

Peak oil: The four stages of a new idea

publications

Publication date: 2008-10-14 First published in: Energy Authors: U. Bardi Abstract: The present paper reviews the reactions and the path of acceptance of the theory known as “peak oil.” The theory was proposed for the first time by M.K. Hubbert…

Saudi Prince: U.S. oil independence not applicable!

Prince Turki Al-Faisal

U.S. oil independence “is non-applicable” despite US President-elect Barack Obama’s assurances, said former Saudi Chief of Intelligence Prince Turki Al-Faisal Wednesday evening. Al-Faisal said in statements to KUNA, during a seminar held on Saudi-US relations organized by the Arab contemporary…

IEA: Six New Saudi Arabias Required

Oil depletion

The World Energy Outlook 2008 (WEO2008) was released last week, and it contains updated studies and forecast from the International Energy Agency (IEA). One of their conclusions is that six new Saudi-Arabias is required until 2030, corresponding to 64 million…

The Oil Crunch

publications

Publication date: 2008-10-29 First published in: UK Industry Taskforce Authors: UK Industry Taskforce on Peak Oil and Energy Security Abstract: The main conclusions of the Taskforce are: 1. The effects of peak oil will be felt in the next five years…

Global Oil Production Is Falling Faster Than Expected

crude oil barrels

The global crude-oil output is falling faster than expected, leaving producers struggling to meet demand without extra investment, the Financial Times said, citing a draft of an International Energy Agency report. Annual production is set to drop by 9.1 percent…

A Middle East View of The Global Oil Situation

publications

Publication date: 2002-12-01 First Published in: Energy Exploration & Exploitation Authors: A.M.S. Bakhtiari Abstract: Seen from a Middle Eastern perspective, the present global oil situation can be summarized within five major and inescapable trends: The world’s supergiant and giant oil…