Publication date: 2009-07-23 First Published in: Energy Policy Authors: G. Maggio, G. Cacciola Abstract: In recent years, the economic and political aspects of energy problems have prompted many researchers and analysts to focus their attention on the Hubbert Peak Theory…
Colin Campbell, the founder of ASPO, has written a comment to the recent article about the IEA whistleblower from the newspaper the Guardian. Dr Campbells comments are available from below: Download here: Campbell’s Comments
The world is closer to a peak in oil supply than International Energy Agency estimates admit, UK newspaper The Guardian reported in today’s edition, citing an unidentified “whistleblower” at the IEA. The senior official claims the US has played an…
The group president of OPEC has said those organization ministers will raise output to protect the global economic recovery at a meeting in December if oil prices rise to US$100 per barrel. Jose Botelho de Vasconcelos, who is also Angola’s…
John Hess, the chairman of the US independent producer of the same name, has fired a warning shot to the world, claiming a “devastating oil crisis” looms large on the horizon if global action is not taken about developing alternative…
There is a “significant risk” that global production of conventional oil could “peak” and decline by 2020, a report has warned. The UK Energy Research Council study says there is a consensus that the era of cheap oil is at…
Publication date: 2009-10-05 First published in: www.peakoil.net Authors: Jean Laherrere Abstract: Comments on “Squeezing more oil from the ground” by L. Maugeri in Scientific American October 2009. Maugerifinalversion.pdf 1.72 MB
Credit Suisse expects the major US and European integrated oil companies to struggle to boost output to 2020, saying the sector is unlikely to see any volume growth over the coming cycle. However, the brokerage said Chevron is the only…
The Norwegian Petroleum Directorate (NPD) has cut its resource estimate for the Barents Sea by about 11%, it said today. The NPD said it had cut the Barents Sea play’s estimated recoverable resources from 1.03 billion cubic meters of oil…
The world is heading for a catastrophic energy crunch that could cripple a global economic recovery because most of the major oil fields in the world have passed their peak production, a leading energy economist has warned. Higher oil prices…