Björn Lindahl has published an article on activities and investment on the world’s seas. (20120108 in Swedish in the edition of Svenska Dagbladet Industry [the business section of one of Sweden’s major broadsheet newspapers].) He states that 59,000 freight ships…
On Friday I boarded the aircraft in New York to travel back to Stockholm from (among other things) the ASPO-USA conference. When I did so, I picked up two newspapers, The Wall Street Journal (WSJ) and the Financial Times (FT).…
Last night I got a call from Peter Coy, Economics Editor for Bloomberg Business Week in New York and he wanted to ask some questions about the claim that the United States in the future would export oil. Our discussion…
James Callum has written an excellent overview of a real threat to the US security, namely the oil demand and reliance on imported oil. Currently, domestic production and consumption in the USA are drastically out of kilter with only a…
PetroChina, the Chinese oil and gas giant, saw soaring costs devour much higher revenues in the first half to post a similar profit to a year ago. PetroChina said it piled on revenues in the six months to the end…
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.…
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…
Speaking at the Barclays Capital conference in New York Andrew Gould, chief executive of oilfield services giant Schlumberger said that if the world is to have any chance of meeting aggressive demand growth for energy in the years to come…
The US military has warned that surplus oil production capacity could disappear within two years and there could be serious shortages by 2015 with a significant economic and political impact. The energy crisis outlined in a Joint Operating Environment report…