Natural gas, called “the prince of hydrocarbons” by some, is an increasingly important fuel source in the world energy system. Easy to transport, easy to use, cheap and relatively clean, it is an excellent way to improve our energy system…
Discoveries of new oil and gas reserves dropped to their lowest level in at least two decades last year, pointing to tighter world supplies as energy demand increases in the future. Preliminary figures suggest the volume of oil and gas…
On February 6 the Swedish Energy Agency organized a symposium at which the World Energy Outlook 2013 report was discussed, primarily regarding a changing energy market. Personally, I was interested in what Bo Diczfalusy, Director of the Swedish Ministry of…
On 20 August Wood Mackenzie (WoodMac) released a report on China and the USA’s future imports of oil. WoodMac regards itself as one of the world’s leading companies producing energy analyses. The title of the report is “Heading in Opposite…
The discussion of Israel’s oil reserves gives me a reason to discuss the rules that exist for reporting of resources and reserves of conventional oil. It is this oil that still dominates world production, and it is the production of…
by Kjell Aleklett and Colin Campbell Today, the Arctic Council’s eight foreign ministers from Sweden, Norway, Denmark, Finland, Iceland, Russia, Canada and the USA meet in Sweden to discuss, among other things, oil production in the Arctic. They will attempt…
I have just picked up this news on a new natural gas discovery off the coast of Western Australia. The idea is for the gas to be cooled in order to liquefy it. They do not state the volume…
The conference “Peak Oil: Challenges and Opportunities for the GCC Countries” in Doha, Qatar, has ended. It was a very interesting Peak Oil conference and was the first to be held in the Middle East. I was given the honor…
“Many small creeks make a large stream” is a Swedish saying that describes well the production of shale oil and shale gas. Equivalent English sayings are, “Many a little makes a mickle,” (that originated in Scotland, and then President George…
Since the IEA presented its World Energy Outlook report of 2012, the world’s press has spread the news that the USA can become a larger oil producer than Saudi Arabia. They have also reported on increased production of shale gas.…