The era of cheap oil will be over soon
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 […]
Some comments from the International Energy Agency
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, […]
Mexican oil production falling fast
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 […]
China is buying energy resources left, right, and center..
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.
Low energy prices won’t last
If you think low energy prices are here to stay, think again..
Big oil awash in cash, scrambling for new resources and drilling opportunities
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 […]