Iran finds unexpectedly high uranium reserve

Iran has discovered an unexpectedly high reserve of uranium and will soon begin extracting the radioactive element at a new mine, the head of Iran’s Atomic Energy Organisation said on Saturday. The comments cast doubt on previous assessments from some Western analysts who said the country had a low supply and would sooner or later […]

Launch Of Renminbi-Denominated Oil Futures Contract Imminent

Whenever one talks about the death of the petrodollar, the unspoken question lurking just beneath the surface is this: is the rise of the petroyuan just around the corner? This year, we’ve gotten quite a bit of evidence to suggest that the answer to that question may indeed be a resounding “yes.” In May for […]

Oil is often the reason for interfering in another country’s war

Researchers have for the first time provided strong evidence for what conspiracy theorists have long thought — oil is often the reason for interfering in another country’s war. Throughout recent history, countries which need oil have found reasons to interfere in countries with a good supply of it and, the researchers argue, this could help […]

US Collapse from Shale Oil

US Collapse from Shale Oil – Oil Wars Vol. 2 – #OilWars @FutureMoneyTren

Oil and circuses: Our frivolous approach to the planet

The two top news stories in recent days have been the Kentucky county clerk’s refusal to issue marriage licenses and the migrant refugees arriving in Europe. The former is only blather designed to keep mindless conservatives and Christians tuned in. But the second is very serious in its immediacy and particularly in what it portends. […]

Malthusian nightmare

The 19th century started with unlimited optimism in the power of scientific revolution to solve mankind’s vulnerability on all fronts. Man seemed to be at the threshold of fulfilling God’s command to use nature for a better world for all. In this milieu the English cleric and scholar, Thomas Robert Malthus (1766 – 1834), stunned […]

Could China slowdown threaten the Middle East’s oil market?

“When China wakes, she will shake the world,” as Napoleon said. Now the country, having dominated the commodities market over the past decade, is again shaking it – but this time the tremors of economic worries are bringing prices crashing down. On 11th August, the yuan was devalued by nearly 2 percent. On 24th August, […]

A Modern Equation For Energy

The global energy landscape continues to change with more and more renewable energy sources and diversified energy systems becoming a substantial component of the energy infrastructures across the world. Given the onset of these new system, the overarching return of the diverse energy sources will become an important factor in the future design of the world’s […]

Iran Gets Ready to Sell to the World

Before the most recent round of sanctions went into effect three years ago, Iran was able to sell oil to 21 countries. By mid-2012, that was down to six: China, India, Japan, South Korea, Taiwan, and Turkey. Rather than immediately pull back on production, and risk damaging oil wells by slowing them down, Iran decided to […]

Global Meltdown Begins

From the engineered financial meltdown to mass migrations of populations and the advent of frightening nano technologies and more, including manufactured terror and endless wars, we face an uncertain future and a historical vortex never before experienced. In this emergency update on the heels of a previous warning in June, Alex Jones enumerates the threats […]

Britain plans Syria strikes and push for transition of power

Downing Street is drawing up a new strategy for Syria that would involve limited military strikes against the “controlling brains” of the Islamic State and a renewed diplomatic push that could see Bashar al-Assad remain president for a transitional period of six months. In a sign of No 10’s determination to avoid another Commons defeat […]

Building a Brighter Future — Powered by Renewable Energy

It is impossible to succeed in today’s economy without access to energy. But for an estimated 1.3 billion people, mostly in the developing world, electric power is still out of reach. Even among those with energy access, many still face unreliable service and regular blackouts. This is why it is so important that we push […]

US House Panel Passes Bill To Repeal Oil Export Ban

A U.S. House of Representatives subcommittee passed a bill on Thursday to repeal the U.S. ban on oil exports, providing momentum in the chamber for overturning the 40-year old trade restriction. The House Energy and Power subcommittee passed the bill by a voice count. The legislation, sponsored by Republican Representative Joe Barton of Texas, is […]

Global Shale Output Decline Will Stabilize Oil Market

Russia’s energy minister expects that cuts in global shale oil production, which has been hard hit by lower oil prices, will help stabilize the fragile oil market. Alexander Novak also reaffirmed that Russia, one of the world’s top oil producers, would not cut its own production as it would lead only to a short-term recovery with […]

China leading world towards global economic recession

A “hard landing” for the Chinese economy will likely lead the world into a recession in the next year, Citi’s global economics team has warned. Analysts at the Wall Street bank believe that a slowdown concentrated in emerging markets will drag down demand and see economic activity fall well below its potential across the world. […]

How You Can Prepare Over The Next Six Months

I wouldn’t say that it is “never too late” to prepare for potential disaster because, obviously, the numerous economic and social catastrophes of the past have proven otherwise. There simply comes a point in time in which the ignorant and presumptive are indeed officially screwed. I will say that we have not quite come to […]

Limits to Growth: An Update

The 1972 book, Limits to Growth, is the best-selling environmental book of all time, and deservedly so. Recently I had the privilege of interviewing Dr Graham Turner, the scientist who has done the most work updating the data underpinning the original Limits to Growth analysis. His conclusions are not always comforting, but surely its better […]

US Oil Production to Fall

Government forecasters on Wednesday said U.S. oil production fell to a nearly one-year low and that low crude prices are likely to keep U.S. production falling through 2016. The U.S. Energy Information Administration, in its monthly short-term energy outlook, said that production fell by 140,000 barrels a day in August from the prior month. Production […]

The True Cost of ‘Cheap’ Natural Gas For Europe

Everyone knows who is behind ISIS, AL Nusra Front and the other ‘rebels’ fighting against the regimes in Syria and Iraq. There are no secrets anymore; it’s Israel, Saudi Arabia and Arab nations in the Persian Gulf (i.e. Qatar, UAE etc. otherwise known as Gulf Arab States). There are now 4 million Syrian refugees, and […]

‘Renegade’ physicists say they’re on fast track to nuclear fusion

Doughnut-shaped and cored like an apple, could a pint-sized nuclear reactor recreate the sun on Earth? A start-up in southeast England is betting on it. Tokamak Energy (TE), a privately funded venture 55 miles west of London, says it is pursuing “a faster way to fusion”. The 16-strong team aims to convert the energy that fuels stars […]

Why Hubbert’s Peak Oil Theory Fails

There has been a growing interest in the topic of peak oil theory for the past few decades. The interest emerged after the 1956 M.K. Hubbert peak oil theory successfully forecasted the peak year of crude oil production in the United States. Hubbert used a quantitative technique -Logistic Growth Curve or Bell-Shaped Curve (Fig.1)- to […]

Capital Markets Now Control Oil Prices

Bond markets and banks may determine who lives and who dies in the U.S. shale patch. From the concrete canyons of Lower Manhattan to the shale basins of West Texas, a new report from Citigroup underscores the degree to which Wall Street has financed the U.S. oil boom, with analysts warning that the slow grind of lower oil […]

Arab Gulf countries to discuss unifying oil product pricing

The six oil ministries from the Gulf Cooperation Council (GCC) countries will meet Wednesday to discuss the possibility of unifying the prices of oil products, Kuwait’s oil ministry said in a statement late Sunday. The meeting, planned for Doha will be attended by undersecretaries from each of the ministries — from Bahrain, Kuwait, Oman, Qatar, […]

North Sea oil at ‘serious risk’ of shutdown

There is a “serious and urgent risk” that parts of the North Sea oil industry will be abandoned unless energy companies join forces to become more efficient, the man in charge of reviving the sector has warned. Andy Samuel, the head of the new Oil and Gas Authority, told the Financial Times that companies need […]

Melting Ice Isn’t Opening Arctic to Oil Bonanza

The warming Arctic should already have transformed this impoverished fishing village on the coast of the Barents Sea. The Kremlin spent billions in the last decade in hopes of turning it into a northern hub of its energy powerhouse, Gazprom. It was once the most ambitious project planned in the Arctic Ocean, but now there […]

How Fracking Changed the Economics of Oil Production Around the World

The ‘fracking revolution’ has transformed the economics of oil production globally, with the US becoming a bigger producer than Saudi Arabia and – after decades of dependency on oil imports – even being able to export some of its surplus production. US shale oil is unusual, too, in being privately owned: most of the world’s oil reserves (over 70 […]

Resource Depletion

Resource depletion, the utilization of an asset quicker than it can be recharged. Characteristic assets are usually separated between renewable assets and non-renewable assets. Utilization of both of these types of assets past their rate of substitution is thought to be asset exhaustion. Resource depletion most regularly utilized as a part of reference to cultivating, […]

‘Strippers’ Pose Dilemma for Oil Industry

Steve Plants, vice president of Plants & Goodwin Inc. in Shinglehouse, Pa., still pumps crude oil from wells drilled in the 1890s. But with the price of crude below $50 a barrel, some of those low-producing wells, known as stripper wells, don’t turn a profit. Mr. Plants has permanently closed 10 wells, he says, and […]

Global energy demand to grow 28 pc by 2035

The Pakistan Economy Watch (PEW) on Monday said global energy demand is to grow 28 percent by 2035 while natural gas will be major fuel source within two decades. By 2035, the world will need to produce over 32 percent more energy as compare to 2015 to satisfy the thirst of the world. Historically, coal […]

Kunstler: There Goes Europe

The desperate wish in what is loosely called the West to at least appear morally correct is unfortunately over-matched by the desperation of people fleeing unstable, overpopulated places outside the West, and it is a fiasco beyond even the events of the moment. The refugee / immigrant crisis around the Mediterranean is a preview of […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy