According to the State government of Victoria’s “short form business case” a proposed road tunnel in Melbourne has only a benefit cost ratio of 1.4, a number which is classified as “low”…
Author: matt
Matt Mushalik (MEAust, CPEng)
Sydney
Chevron’s oil production, sales decline 5 %
After the publication of Caltex Australia’s half year results for 1H 2013 the media again failed to analyse where Sydney’s fuel imports will come from once its Kurnell refinery closes in 2014….
Australia’s future Infrastructure Prime Minister will increase our oil vulnerability
What you vote is what you get. More road tunnels and neither rail nor public transport projects. And this despite Tony Abbott being a cyclist. As the Australian election campaign enters its…
OPEC fiscal breakeven oil price increases 7 % in 2013
Using recent research from the Arab Petroleum Investment Corporation (APIC) it can be calculated that OPEC’s fiscal break-even oil prices have increased by around 7% pa in 2013 while OPEC’s population grows…
Iraq crude oil exports stall amid pipeline attacks
Those who expect a doubling of Iraqi oil production to 6 mb/d by 2020 should pray for enduring peace and social justice in this war-torn country. Iraq’s overdue integration into OPEC’s quota…
US Oil Demand Peak was in 2007
Detroit’s Motown legacy has put the spotlight on the vulnerability of the American car culture. Despite an oil shale boom and years of money printing US oil demand has hit a wall….
The high cost of railroading unconventional crude
The derailment and explosion of a shale oil train in Canada highlights desperate attempts by refineries along the US/Canada East coast to offset the conventional oil peak of Atlantic basin producers who…
Egypt’s future crude oil import requirements for 3 population scenarios
Egypt sits on a key strategic location between North Africa and the Middle East, where almost 4 mb/d of oil transit through the Sumed pipeline and the Suez canal. Shipping firms brace…
2/3 of Egypt’s oil is gone 20 years after its peak
No matter who is ruling Egypt and for how long, this country faces a crippling energy crunch which contributes to the general dissatisfaction of the public and the accelerating changes we see…
Australian oil and fuel dependency on the Middle East is 37 %
Australian crude oil imports Imports from South East Asian neighbours (black line) peaked in 2007. Since then, Australian refineries did a good job to import crude from far-away places including Russia and…