Gaddafi forces have attacked and damaged a pumping station at Messlah, North of the Sarir field, in the South East of Libya, depriving Benghazi of oil revenue. A 1990 report on this…
Author: matt
Matt Mushalik (MEAust, CPEng)
Sydney
Australia’s debating club on transport fantasies after global crude oil exports peaked 2005
While armed conflicts about OPEC’s remaining oil are spreading like cancer in MENA countries and an accumulated debt crisis triggers money printing which drives up oil prices sky high, the media and…
Sydney’s RTA builds M2 exit lanes for $200 oil
This is a M2 construction work update for calendar week 5/2011. Contractors have started to build exit lanes for $200 oil just as 3 parties are now fighting for oil in Libya:…
Libya: yet another (peak) oil war
What started as an uprising against Gaddafi has turned into a quagmire including NATO intervention in which oil plays a dominant role. The outcome is uncertain and it is not clear whether…
2010 vs. 2005: Pay 40% more for the same amount of crude oil
The EIA crude oil data for December 2010 have come out, giving us the total for 2010 which was practically on the same level as 2005, but the world paid US $80/barrel…
Japanese meltdown highlights energy dilemma as peak oil enters hot phase
In a frightening coincidence Fukushima reactors face – in the best case scenario – years of decommissioning while Saudi troops enter Bahrain, marking the start of fights between Shia and Sunni over…
Sydney increases its oil vulnerability as strategic shifts in ME threaten global oil supplies
It is unbelievable. Transurban started work on the M2 widening in Sydney by blocking access lanes for a bus ramp to a major railway station in the suburb of Epping. And the…
WikiLeaks cable from Riyadh implied Saudis could pump only 9.8 mb/d in 2011
Can Saudi Arabia step in to replace oil production lost in Libya? When the Guardian published Wiki leaks cables from the US embassy in Riyadh in early February 2011 it sparked a…
Brisbane’s Clem7 Road Tunnel in Receivership
The Clem 7 road tunnel (North South Bypass Tunnel) in Brisbane, conceived and planned in an era of $20 oil, has been placed in receivership. After the Cross City tunnel and the…
Libya exports 7% of crude from Mediterranean and Middle East
According to media reports Libya’s share of global oil production of 85 mb/d is “only” 2%. But that is not the important metric. What matters is the percentage of global crude oil…