opec, Tag

Just this month Saudi Aramco announced that production had begun at their Manifa oilfield, and by July would be supplying up to 500 kbd to the new refinery that is being built at Jamail with the collaboration of Total...

So I suspect I should apologize. Here I am talking about the future projections for energy production that have been made by companies such as ExxonMobil and Shell, as though they were still the key and only players in the...

Executive summary OPEC is currently pumping at close to near term and historic highs of 31.2 mmbpd of crude oil. Outside of Saudi Arabia, the majority of spare capacity is deemed to lie in Iran and Nigeria. Iran could certainly...

World total liquid fuel production data published by the International Energy Agency (IEA) suggests that global liquid fuel production has risen steadily (in stages) from 76.3 million barrels per day (mmbpd) in January 2002...

There is a growing impression being given in the discussion of oil and natural gas supplies, that the world is moving into a period where there will soon be such a plentiful sufficiency of crude that the US may consider exporting...

Guest post by Mike Jonas On Dec 13, Willis Eschenbach posted a convincing (and eloquent as always) argument “The R/P Ratio” against Peak Oil being imminent...

This post appears in ASPO-USA's December 19th Newsletter.

This post appears in ASPO-USA's December 19th Newsletter.

I don’t usually go for political articles, but this one deserves mention for the wholesale idiocy about energy on display. Don Monfort writes: Submitted on 2011/10/01 at 10:24 am Sorry to stray off topic, but I was...

This is a guest post by Derik Andreoli, Senior Analyst Mercator International, LLC

There has been much speculation on these blog pages about the existence of OPEC spare capacity. The oil rig count for Saudi Arabia, Kuwait, Abu Dhabi and Qatar (SKAQ) provides some clues. The sharp rise in operational oil...

With the turmoil in the Middle East and North African countries (MENA) now more evident in nature, the impacts on global oil production can be more rationally assessed...

The development of oil in Texas produced, in its time, the four richest men in the world (H.L. Hunt, Sid Richardson, Roy Cullen and Clint Murchison) and the single richest acre of oil production at Kilgore but is not where...

The Organization of the Petroleum Exporting Countries (OPEC) will meet today June 8 in Vienna to talk about increasing oil production. Preliminary news reports are hinting at Kuwait and Saudi Arabia pushing for a 1.5 million...

Get with the Plan In The National Review, T. Boone Pickens again makes the case for The NAT Gas Act of 2011. I slept through the first few paragraphs (the piece began with a constitutional argument). There isn’t a whole...