Shell sued over reserves

“The charges stem from Shell’s overnight elimination at the start of the year of almost 4.5bn barrels of proved reserves. That was more than 22 per cent of its previously claimed proved reserves and led the group to restate financial statements for 2002-2003, eliminating hundreds of millions of dollars in previously reported net income.“

Financial Times

Google News news cluster

Shell sued over reserves

“The charges stem from Shell’s overnight elimination at the start of the year of almost 4.5bn barrels of proved reserves. That was more than 22 per cent of its previously claimed proved reserves and led the group to restate financial statements for 2002-2003, eliminating hundreds of millions of dollars in previously reported net income.“

Financial Times

Google News news cluster

Shell sued over reserves

“The charges stem from Shell’s overnight elimination at the start of the year of almost 4.5bn barrels of proved reserves. That was more than 22 per cent of its previously claimed proved reserves and led the group to restate financial statements for 2002-2003, eliminating hundreds of millions of dollars in previously reported net income.“

Financial Times

Google News news cluster

Shell sued over reserves

“The charges stem from Shell’s overnight elimination at the start of the year of almost 4.5bn barrels of proved reserves. That was more than 22 per cent of its previously claimed proved reserves and led the group to restate financial statements for 2002-2003, eliminating hundreds of millions of dollars in previously reported net income.“

Financial Times

Google News news cluster

NASA Spaces on Energy Solution

NASA officials testified before the House Committee on Science that by 2006 test satellites could be wirelessly transmitting energy from space.

Wired

NASA Spaces on Energy Solution

NASA officials testified before the House Committee on Science that by 2006 test satellites could be wirelessly transmitting energy from space.

Wired

NASA Spaces on Energy Solution

NASA officials testified before the House Committee on Science that by 2006 test satellites could be wirelessly transmitting energy from space.

Wired

NASA Spaces on Energy Solution

NASA officials testified before the House Committee on Science that by 2006 test satellites could be wirelessly transmitting energy from space.

Wired

Anything Into Oil

Out of 100 Btus in a given unit of feedstock, only 15 Btus are used to power the process, with the remainder residing in oil, gas, and chemicals. Most important, the oil produced in these tests easily meets the specifications for diesel fuel

Discover Magazine -July follow up

Anything Into Oil

Out of 100 Btus in a given unit of feedstock, only 15 Btus are used to power the process, with the remainder residing in oil, gas, and chemicals. Most important, the oil produced in these tests easily meets the specifications for diesel fuel

Discover Magazine -July follow up

Anything Into Oil

Out of 100 Btus in a given unit of feedstock, only 15 Btus are used to power the process, with the remainder residing in oil, gas, and chemicals. Most important, the oil produced in these tests easily meets the specifications for diesel fuel

Discover Magazine -July follow up

Anything Into Oil

Out of 100 Btus in a given unit of feedstock, only 15 Btus are used to power the process, with the remainder residing in oil, gas, and chemicals. Most important, the oil produced in these tests easily meets the specifications for diesel fuel

Discover Magazine -July follow up

Iraq’s Oil Sector

Iraq’s oil could be the most critical element in determining the success or failure of the reconstruction effort, but the recent attacks on two major pipelines and the assassination of a top oil executive illustrates the fragility of Iraq’s oil-export sector. In order to secure the sector, Gal Luft of the Institute for the Analysis of Global Security urges the U.S. to view the pipeline war as a high priority and to provide additional funding to bring Iraqi oil back on-line on a larger scale and with greater reliability.
To read the full report see:

BI

Iraq’s Oil Sector

Iraq’s oil could be the most critical element in determining the success or failure of the reconstruction effort, but the recent attacks on two major pipelines and the assassination of a top oil executive illustrates the fragility of Iraq’s oil-export sector. In order to secure the sector, Gal Luft of the Institute for the Analysis of Global Security urges the U.S. to view the pipeline war as a high priority and to provide additional funding to bring Iraqi oil back on-line on a larger scale and with greater reliability.
To read the full report see:

BI

Iraq’s Oil Sector

Iraq’s oil could be the most critical element in determining the success or failure of the reconstruction effort, but the recent attacks on two major pipelines and the assassination of a top oil executive illustrates the fragility of Iraq’s oil-export sector. In order to secure the sector, Gal Luft of the Institute for the Analysis of Global Security urges the U.S. to view the pipeline war as a high priority and to provide additional funding to bring Iraqi oil back on-line on a larger scale and with greater reliability.
To read the full report see:

BI

Iraq’s Oil Sector

Iraq’s oil could be the most critical element in determining the success or failure of the reconstruction effort, but the recent attacks on two major pipelines and the assassination of a top oil executive illustrates the fragility of Iraq’s oil-export sector. In order to secure the sector, Gal Luft of the Institute for the Analysis of Global Security urges the U.S. to view the pipeline war as a high priority and to provide additional funding to bring Iraqi oil back on-line on a larger scale and with greater reliability.
To read the full report see:

BI

New pipeline to deliver a fifth of UK gas

The UK is currently pretty much self sufficient, exporting roughly the same amount of gas as it imports, but this is about to change fast, in part due to dwindling UK North Sea reserves.

Furthermore, “gas prices are likely to rise significantly over this period” – in part due to an expected doubling in demand for gas from continental European countries during the next 15 years.

BBC

New pipeline to deliver a fifth of UK gas

The UK is currently pretty much self sufficient, exporting roughly the same amount of gas as it imports, but this is about to change fast, in part due to dwindling UK North Sea reserves.

Furthermore, “gas prices are likely to rise significantly over this period” – in part due to an expected doubling in demand for gas from continental European countries during the next 15 years.

BBC

New pipeline to deliver a fifth of UK gas

The UK is currently pretty much self sufficient, exporting roughly the same amount of gas as it imports, but this is about to change fast, in part due to dwindling UK North Sea reserves.

Furthermore, “gas prices are likely to rise significantly over this period” – in part due to an expected doubling in demand for gas from continental European countries during the next 15 years.

BBC

New pipeline to deliver a fifth of UK gas

The UK is currently pretty much self sufficient, exporting roughly the same amount of gas as it imports, but this is about to change fast, in part due to dwindling UK North Sea reserves.

Furthermore, “gas prices are likely to rise significantly over this period” – in part due to an expected doubling in demand for gas from continental European countries during the next 15 years.

BBC

Saudi Triples Reserve Estimates to 1.2 Trillion Barrels

Dear All,
I am sure you will find this article of interest if not a little perplexing.
cheers
Doug Clover

arabnews.com

Saudi Triples Reserve Estimates to 1.2 Trillion Barrels

Dear All,
I am sure you will find this article of interest if not a little perplexing.
cheers
Doug Clover

arabnews.com

Saudi Triples Reserve Estimates to 1.2 Trillion Barrels

Dear All,
I am sure you will find this article of interest if not a little perplexing.
cheers
Doug Clover

arabnews.com

Saudi Triples Reserve Estimates to 1.2 Trillion Barrels

Dear All,
I am sure you will find this article of interest if not a little perplexing.
cheers
Doug Clover

arabnews.com

About 100 Die in Rebel Attacks in Five Iraq Cities

BAGHDAD (Reuters) – About 100 people were killed and several hundred wounded in Iraq Thursday when insurgents launched bloody assaults in five cities to disrupt next week’s formal handover to Iraqi rule.

Reuters

About 100 Die in Rebel Attacks in Five Iraq Cities

BAGHDAD (Reuters) – About 100 people were killed and several hundred wounded in Iraq Thursday when insurgents launched bloody assaults in five cities to disrupt next week’s formal handover to Iraqi rule.

Reuters

About 100 Die in Rebel Attacks in Five Iraq Cities

BAGHDAD (Reuters) – About 100 people were killed and several hundred wounded in Iraq Thursday when insurgents launched bloody assaults in five cities to disrupt next week’s formal handover to Iraqi rule.

Reuters

About 100 Die in Rebel Attacks in Five Iraq Cities

BAGHDAD (Reuters) – About 100 people were killed and several hundred wounded in Iraq Thursday when insurgents launched bloody assaults in five cities to disrupt next week’s formal handover to Iraqi rule.

Reuters

Inflaming the oil crisis

Today’s less dynamic economy is a cause of less rapidly growing oil consumption, rather than its consequence. As long as we feel guilty about improving our lives, energy will always seem to be a problem. But running out of oil isn’t something we need to worry about.

spiked

Inflaming the oil crisis

Today’s less dynamic economy is a cause of less rapidly growing oil consumption, rather than its consequence. As long as we feel guilty about improving our lives, energy will always seem to be a problem. But running out of oil isn’t something we need to worry about.

spiked

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