Development of Heavy Oil Blocks Initiated

However, due to the rise in exploitation of light oil reserves and the high demand in international oil markets, the light oil reserves are to end up in decades to come, said Mohammad Ali Emadi.

http://www.tehrantimes.com/Description.asp?Da=6/27/2004&Cat=9&Num=049

Development of Heavy Oil Blocks Initiated

However, due to the rise in exploitation of light oil reserves and the high demand in international oil markets, the light oil reserves are to end up in decades to come, said Mohammad Ali Emadi.

http://www.tehrantimes.com/Description.asp?Da=6/27/2004&Cat=9&Num=049

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

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

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

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

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

Oil gains as Norway oil workers face lockout

Crude futures prices on Thursday made a moderate bounce following the decline from the previous session as concerns grew about a complete lock-out by Norwegian oil employers of their workers following industrial action that is set to affect up to a quarter of Norway’s oil output from Sunday.

FT

Oil gains as Norway oil workers face lockout

Crude futures prices on Thursday made a moderate bounce following the decline from the previous session as concerns grew about a complete lock-out by Norwegian oil employers of their workers following industrial action that is set to affect up to a quarter of Norway’s oil output from Sunday.

FT

Oil gains as Norway oil workers face lockout

Crude futures prices on Thursday made a moderate bounce following the decline from the previous session as concerns grew about a complete lock-out by Norwegian oil employers of their workers following industrial action that is set to affect up to a quarter of Norway’s oil output from Sunday.

FT

Iraqi oil pipeline blasted

Saboteurs blasted a key oil pipeline transporting crude oil from the northern town of Beji to one of the countries largest oil refineries – another in a series of attacks targeting Iraq’s infrastructure, authorities said on Tuesday.

NDTV

Crude Oil Prices Edge Up

Members of the cartel agreed to raise the group’s production quota by 2 million barrels a day in July and another half-a-million barrels a day in August, should that prove necessary. The current ceiling is 23.5 million barrels a day. Market analysts say the move is largely symbolic because the cartel’s members are already producing some 2 million barrels a day above their official quotas.

The Street

Norway Oil Strike to Expand, Cutting 24% of Supply

June 23 (Bloomberg) — Norwegian oil workers said they will step up a six-day strike over pension plans, cutting almost a quarter of supply from the world’s third-largest oil exporter.

Reuters

Americans Watch Gasoline Prices Rise

“I think they know they can get away with charging more. We have to have our gasoline. We’re going to pay whatever they charge and they see that prices have risen for whatever reason, so they’re gonna tack on a little bit for themselves at the same time.”

Voice of America

US Energy Policy at Gunpoint in Iraq – Greg Palast

Speech by Greg Palast – Investigative Journalist BBC

You can’t say this stuff in American mainstream media for very long. Follow the $$$ to find out the truth if you dare.
more

World oil and gas reserves still growing at healthy pace: BP

“2003 was a turbulent year in the world’s energy markets, with supply disruptions, strong growth in both demand and production of oil and coal, and the highest prices in the oil and gas markets for 20 years,” said BP Chief Economist Peter Davies.

However, he said, “The high prices were not driven by fundamental resource shortages: In 2003 the world’s reserves of oil and natural gas continued their long term trend of growing faster than production.”

OGJ

Quagmire of Blood, Oil, Sweat and Deceit

Fossil fuel subsidies must end

“The New Economics Foundation (Nef) says the cost of climate change and oil scarcity will otherwise scupper attempts to help the world’s poorest.”

BBC News

Militants claim Saudi security helped killers

A number of troubling questions began to surface about the events surrounding Mr Johnson’s grotesque killing last Friday. Where was the body, which Saudi authorities claimed his abductors were in the process of dumping when they were ambushed? How come the security forces were unable to find the kidnap gang for six days, then tracked them down hours after the murder was carried out? Is it possible – as a jihadi website alleged yesterday – that members of the security forces were somehow in cahoots with al-Qa’ida?

Independant

An American Murdered, A Kingdom Under Siege

As for the Saudi leaders, a U.S. official says they do not yet face a direct threat to their rule. But, he says, “there could be a long period of violence that is almost impossible to defend against.”

Time

Another oil shock?

The world depends for low oil prices on an unstable country that seems to be falling apart. No wonder they are rising

Petroleum World (from The Economist)

Sabotaged line repaired, oil flows

Exports of up to 900,000 barrels a day were expected to resume later today, a representative of the state-run Southern Oil Co. said.

AP – The Salt Lake Tribune

Why do we need to look beyond fossil fuels?

Even if there were no greenhouse effect, all of the fossil fuels will be depleted within a few hundred years. If humankind is going to have a future on this planet, at least a high-technology future, with a significant population of several billions of humans continuing to inhabit the Earth, it is absolutely inevitable that we’ll have to find another energy source.

PBS

Be all that you can be… or else

Bill Number: S. 89

‘A bill to provide for the common defense by requiring that all young persons in the United States, including women, perform a period of military service or a period of civilian service in furtherance of the national defense and homeland security, and for other purposes.’

Congress.org

The Earl of Oil

Norwegian shipping billionaire John Fredriksen is gushing. His Oslo-based Frontline operates 62 crude oil carriers, the world’s largest fleet, with a total capacity of 110 million bbl. With 50% of crude moving by sea, ship brokers have rushed to secure tankers on the spot market

Yahoo-Forbes

Americans leaving Saudi Arabia in droves

“There’s a growing feeling here that al-Qaida has acquired intelligence information on a range of U.S. executives and advisers who live and work in Saudi Arabia,” a Western diplomat said. “This is clearly the assessment of the U.S. embassy in Riyadh.”

WND

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