Oil majors need to buy reserves
Exploration is too limited and access to the best field closed (or very onerous at best). Which doesn’t leave many options..
Exploration is too limited and access to the best field closed (or very onerous at best). Which doesn’t leave many options..
By renowned expert Simmons. A must read…
Well, the figures say world oil production has hardly increased since… 2003. The number of optimists is dwindling, and so is their optimism…
The International Energy Agency does seem to have a serious problem…
The International Energy Agency’s prediction were already gloomy, but they are far to optimistic still, according to leading critics. It’s figures are doctored (according to insiders) and they serve the […]
Hmm, could peak-oil be a lot closer than many people think…
Conventional wisdom on it’s head, that’s always interesting..
A pretty good intro…
Or was it the other way around..
Iran sanctions to extent to oil and gas industries…