Journalist Whitney Webb recently tweeted a 2010 video clip I’d never seen before featuring US National Security Advisor John Bolton defending the use of deception in advancing military agendas, which highlights something we should all be paying attention to as Trump administration foreign policy becomes increasingly Boltonized. On a December 2010 episode of Fox News’ […]
Saudi Arabia’s state oil giant Aramco says that it doesn’t believe all the ‘peak oil demand hype’ and expects that its crude oil will be in high demand for decades to come. While the Kingdom says that it’s working on the Vision 2030 strategy to diversify its economy away from oil, the Saudis and their […]
A document entitled CO2 “Greenhouse” Effect, A Technical Review, Prepared by the Coordination and Planning Division, Exxon Research and Engineering Company, April 1, 1982, which is accompanied by a covering letter authored by Marvin B. Glaser, Manager of Environmental Affairs Programs, and dated November 12, 1982, begins stating: “The material has been given wide circulation to […]
Global energy investment “stabilised” at just over $1.8 trillion in 2018, ending three years of declines. Higher spending on oil, natural gas and coal was offset by declines in fossil fuel-based electricity generation and even a dip in renewable energy spending. China was the largest market for energy investment, even as the U.S. closed the […]
Last week, the World Wildlife Fund proclaimed May 10 to be Europe’s “Overshoot Day,” the day that Europe consumed its portion of Earth’s resources for the year. The WWF, the United Nations, and universities continue to warn that modern society is rapidly depleting our natural resources. But instead, trends show that for all practical purposes, […]
Jared Diamond’s new book, Upheaval, addresses itself to a world very obviously in crisis, and tries to lift some lessons for what do about it from the distant past. In that way, it’s not so different from all the other books that have made the UCLA geographer a sort of don of “big think” history […]
The International Energy Agency (IEA) has cut its oil demand growth forecast for 2019 to 1.3 million barrels per day (MMbpd) in its latest oil market report. The alteration marks the first change to the IEA’s 2019 demand outlook for several months. Prior to the cut, the IEA’s oil demand growth forecast for 2019 stood […]
During the dark early morning hours of a September 27 a few years after the Second World War, a passenger ship cruising calm South Atlantic waters struck a drifting forgotten mine, was violently breached, and quickly sank before any distress signal could be broadcast. Daylight found 26 survivors massed in, or floating in the sea […]
(Nuclear powerplant in Belgium, Unsplash) This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Rosamond Hutt, Senior Writer, Formative Content & Keith Breene, Formative Content Proponents of nuclear fusion see it is as a clean and virtually limitless energy source that could power the future. But while researchers […]
The data below was taken from the OPEC Monthly Oil Market Report. All data is through April 2019 and is in thousand barrels per day. The data is crude only, that is it does not include condensate. Total OPEC production hardly moved in April, down a mere 3,000 barrels per day. Algeria peaked in 2008 and […]
Dubai: Saudi Energy Minister Khalid Al Falih said on Tuesday that two oil pumping stations for the East-West pipeline had been hit by explosive-laden drones, calling the attack “an act of terrorism” that targeted global oil supplies. Falih condemned the attacks in a statment saying: “The latest acts of terrorism and sabotage in the Arabian […]
Iraq is looking to strengthen its economy after decades of war, sanctions, sectarian division and the rise of the Islamic State of Iraq and the Levant (ISIL or ISIS). It has achieved some progress in recent years thanks to its oil industry; Iraq is the second-largest producer in the Organization of the Petroleum Exporting Countries (OPEC) and […]
In the Netherlands, once Europe’s largest natural gas supplier, one of the big questions is how to deal with declining production and increasing reliance on imports. For hundreds of energy traders, utility executives and analysts gathering in Amsterdam this week for the Flame Conference, the Netherlands epitomizes the European energy security situation. Whether through pipelines […]
Technology is changing the world, transforming everything from modern manufacturing and development to even the average consumer home. The problem, however, is that as we grow to rely on it more and more — and power on more devices — the greater our levels of energy consumption become. Collectively, we are using massive amounts of […]
The be-Muellered, bothered, and bewildered American public may find US-China trade talks about as interesting as a rain delay in an Orioles-Chisox game, but the Friday collapse of negotiations may be marked by historians as the day that the global economy died. The Big Box blue-light-special orgy of bargain shopping ran about thirty years, with […]
TWO Saudi oil tankers were hit by a “sabotage attack” off the United Arab Emirates, it was announced this morning – as tensions flare between the US and Iran. The ships were struck off the coast of the port of Fujairah – with one of the tankers due to be loaded with Saudi crude oil […]
A few years ago, a political movement that took the name of “extinction rebellion” would have been wholly unthinkable. On the other hand, after more than forty years of warnings on climate change and ecosystem collapse from the world’s best scientists, the message had to start going through, somehow. One consequence is the appearance on […]
The first documented extinction of 2019 occurred on New Year’s Day, with the death of a Hawaiian tree snail named George. George, who was about an inch long, had a grayish body, grayish tentacles, and a conical shell striped in beige and brown. He was born in captivity, in Honolulu, and had spent his unassuming […]
Trouble is brewing for farmers in the United States located in the “corn belt.” Corn is fed to the animals much of the country consumes, so without it, we are staring a food crisis right in the face. Corn planting is already behind on schedule. The weather in the United States has made farming difficult […]
A simple infographic created with BBH and GQ, and the art director Todd Bois that shows our journey to peak oil and beyond. Jeff Johnson
Lower population growth, achieved through effective family planning, translates into higher per capita GDP, leading to higher incomes, savings, and investment. If Indonesia is to reap these benefits, it will need to revitalize a family-planning program that was once one of the most effective in the world. GOTHENBURG – Indonesia, home to 264 million people, […]
On Wednesday, U.S. president Donald Trump crushed any hopes of a trade deal with China when he announced that China “broke the deal” and that, as a consequence, the U.S. will enforce even higher tariffs on some imports from China starting on Friday, May 10. When the world’s first and second largest economies are quarrelling, […]
Image Credits: U.S. Navy photo/Mass Communication Specialist 2nd Class Z.A. Landers. Tehran tried to call Washington’s bluff on Wednesday when it threatened to start stockpiling enriched uranium and heavy water again – which would constitute a violation of the JCPOA’s terms – unless the treaty’s signatories abide by their commitments to buy oil and offer […]
In a Washington D.C. ballroom, bathed in dark royal blue and twinkling star-like lights with a space-themed soundtrack playing, Amazon founder Jeff Bezos revealed the hydrogen-fueled Blue Moon lunar lander, the spacecraft destined to deliver human cargo to the moon’s surface by 2024. But to preface this ambitious moonshot, Bezos also laid out a convincing […]
Renewable energy deployment stalled out last year, raising alarm bells about the pace of the clean energy transition. In 2018, total deployment of renewable energy stood at about 180 gigawatts (GW), which was the same as the previous year. It was the first time since 2001 that capacity failed to increase year-on-year, according to the […]
Last month, Saudi Arabia quietly beheaded 37 people, mostly Shia men from the country’s Eastern Province. They had all been sentenced in what international human rights organisations called “grossly unfair” trials – some for “spying” for Iran and others for “joining a terrorist” group. Many of them had alleged they were tortured into signing false […]
For the Progressive Democratic “Resistance” (PDR), post-Modernism is in full flower. They have ruled objective reality inadmissible. There are only stories — his story, her story, they’s story, zhe’s story, and you must believe them because they come out of lived experience — for instance the lived experience of having lost a sure-thing presidential election […]
The bet was on, and it was over the fate of humanity. On one side was the Stanford biologist Paul R. Ehrlich. In his 1968 best seller, The Population Bomb, Ehrlich insisted that it was too late to prevent a doomsday apocalypse resulting from overpopulation. Resource shortages would cause hundreds of millions of starvation deaths […]
Most people in the U.S. need to pay federal income taxes – but dozens of the most profitable U.S. corporations do not. A recent report by the Institute on Tax and Economic Policy finds that 60 profitable companies that are on the Fortune 500 list paid no federal income taxes in 2018. These include many […]
No. At least according to a recent poll conducted during a presentation at the 2019 Offshore Technology Conference in Houston, Texas. The majority of poll participants attending the presentation, which focused on offshore deepwater, answered no when asked if they considered the segment to be in permanent decline. In a separate poll during the presentation, […]
Oil News Categories
Recent Board Topics
Archive
LATEST NEWS HEADLINES

Member Comments
PO Real Time
No tweets available