The world needs new (clean) energy resources, and it needs them pretty fast. Fields are declining left, right, and center, and not being replaced, or if they are, by much higher cost resources. On the other hand, it’s good news for energy plays..
March 26th, 2009 · 1 Comment
Tags: Natural Gas
March 16th, 2009 · 1 Comment
The most authoritative organizaion in terms of energy markets recently did a field by field study with some notable results. Due to the recession, it looks like energy is plenty, but this doesn’t look to be the case for long… We provide some consequences for InterOil as well.
February 23rd, 2009 · 1 Comment
The International Energy Agency recently published a large field by field study. The big, cheap existing fields are declining almost 5% on average. Here is one of them, the third largest oil field in the world. And it has nothing to do with falling demand..
February 20th, 2009 · 3 Comments
We already noted it earlier, but the sums are large, and the format is nice: cash strapped energy developers get cash for long-term supply contracts.
November 6th, 2008 · 1 Comment
If you think low energy prices are here to stay, think again..
August 19th, 2008 · 3 Comments
We argued that big new energy resource finds are scarce, and those who do have an excellent negotiating position, because of the major oil companies are “awash in profits” but finding it “harder than ever to find new prospects” (something similar can be said for Asian utilities securing supplies).