In part 1 we were looking at BP’s oil field sold (A), for sale (B) or decommissioned (C).That was a sobering experience. In part 2 we analyse fields which are still in…
Author: matt
Matt Mushalik (MEAust, CPEng)
Sydney
NSW power spot price spikes May 2021 become regular (part 2) Callide C4 explosion
In this 2nd part we analyze the impact of the generator hall explosion on 25 May 2021 in the Callide power plant in Queensland located 85 kms south west of Gladstone. Fig…
NSW power spot price spikes May 2021 become regular (part 1)
Liddell outages, load shedding at the Tomago alu smelter and reduced power imports from Queensland after the generator fire at Callide have caused price spikes in NSW which mean that NSW power…
China – Australia passenger traffic has peaked 2018-19 before Covid
The number of arriving and departing passengers on direct flights from/to (mainland) Chinese airports has peaked in 2018 and 2019, BEFORE the corona virus hit in the 1st quarter of 2020. Arriving…
BP peak oil (UK decline, asset sales and decommissioning Part 1)
West of the Shetland Islands, the battle against oil decline is over for BP. SPGlobal reports: BP halts production at oldest West of Shetland oil facility Foinaven on asset decline 15 Apr…
Brunei peak oil – golden opportunity for China’s Belt and Road Initiative
Fig 1: Gold plated dome of the Sultan Omar Ali Saifuddin Mosque in Bandar Seri Begawan Fig 2: Brunei crude & NGL production. The 2nd and last peak was in 2006 (Shell…
Exxon Mobil’s refinery closure in Australia: peak oil context
Exxon Mobil’s Melbourne refinery is closing and will be converted into a fuel import terminal. The Australian public broadcaster has found the right title for its article: Australia loses another oil refinery,…
Peak oil in Africa (part 2): Export zero sum game
In this 2nd part we use data from the BP Statistical Review (June 2020). BP’s definition of oil is different from OPEC’s crude oil used in part 1. It includes also shale…
Peak oil in Africa part1: OPEC quotas Jan 2021
We examine whether OPEC’s quotas for its African members are actually on the production decline path of these countries. OPEC’s quota levels can be found here: https://www.opec.org/opec_web/static_files_project/media/downloads/Voluntary%20Production%20Levels.pdf At present 7 oil producing…
Peak Oil in South & Central America
Feliz Navidad! (1) Pre-Covid ..Fig 1: Oil production and peak years Production peaked 2015 due to Venezuela’s production collapse. Brazil’s production has not yet peaked but is unlikely to offset Venezuela’s decline….