Publication date: 1984-07-01 First Published in: Energy Authors: D.G. Hotard, J.H. Ristroph Abstract: The logistic function has been used to describe the discovery and production of oil and natural gas at the national level. This type of functional representation provides…
Until recently Simon was a senior strategic planner and management consultant with over 20 years analytical and transformational experience in both the private and public sectors focussed on energy. He spearheaded the establishment of ASPO in South Africa based on…
The Executive Director of the International Energy Agency (IEA) has warned that curbing rising fossil fuel prices will require significant investments and further development and deployment of renewable energy technologies, energy efficiency, and advanced vehicles. Nobuo Tanaka noted that the…
Many top corporate and political figures gathered in Houston on Tuesday for the annual CeraWeek conference on the outlook for energy, and they got an earful from John B. Hess, chairman and chief executive of the Hess Corporation. “An energy…
The US fears that Saudi Arabia, the world’s largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in Riyadh show. The cables, released by WikiLeaks, urge Washington to take seriously…
Brian Cohen, an investment fund analyst, has examined the connection between oil and gold and how this may affect the world. Considerably higher oil prices are coming to the world at the worst possible time. Not only is the world…
IEA executive director Tanaka told reporters on the sidelines of an industry conference that Opec “needs to show more flexibility” in increasing oil production according to Reuters. “If the current price continues, it will have a negative impact,” he said.…
Publication date: 2010-03-03 First published in: Geoforum Authors: E. Hemmingsen Abstract: M. King Hubbert’s 1956 prediction of a ‘peak’ in US oil production has spurred a durable and divisive debate on the exhaustion of the petroleum resource. Pitting physical against…
The availability of oil worldwide has already peaked, the European Union’s energy chief Guenther Oettinger said on Wednesday. “My fear is that the global consumption of oil is going to increase, but European oil consumption has already reached its peak.…
The U.S. Geological Survey says a revised estimate for the amount of conventional, undiscovered oil in the National Petroleum Reserve in Alaska is a fraction of a previous estimate. The group estimates about 896 million barrels of such oil are…