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BP Statistical Review Archive
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Asia Pacific peak oil: 2020 production continued decline at -2.7% pa
Posted on September 4, 2021 | No CommentsProduction: pre-Covid trends prevail Fig 1: Oil decline in 2020 was a modest 200 kb/d similar to the post 2015 trend Fig 2: China’s (and Australia’s) modest growth of 65 […] -
Persian Gulf oil export peak after tanker attacks?
Posted on June 21, 2019 | No CommentsTankers holed and burning in the Gulf of Oman are not a good sign for future oil exports from the Persian Gulf. Fig 1: Norway’s Front Altair burning with 75,000 […] -
Qatar peak oil
Posted on December 6, 2018 | No CommentsQatar announces it will leave OPEC Fig 1: Qatar’s Minister for Energy 4/12/2018 Qatar to withdraw from OPEC in January 2019 Speaking at a news conference in the capital Doha, […] -
Peak oil in Asia Pacific (part 1)
Posted on June 18, 2018 | No CommentsThis post uses data released by the BP Statistical Review in June 2018 https://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html Oil production seems to have left its bumpy 6 year long (2010-2015) plateau of 8.4 mb/d […] -
Asia Pacific oil supply gap widening as China production drops
Posted on June 19, 2017 | No CommentsThe annual BP Statistical Review with data up to and including 2016 was published last week. In this post we have a look at oil statistics for Asia – Pacific. […] -
Australian ABC TV selectively quotes BP to match its own “no worries” narrative
Posted on May 29, 2017 | No CommentsOn the 7 pm news of Friday, 26/5/2017, with 610K viewers, ABC TV quoted from BP’s Energy Outlook 2017 by cherry-picking parts of graphs, giving viewers the impression that there […] -
Oil reserves and resources as function of oil price
Posted on August 19, 2016 | No CommentsBP Statistical Review: proved reserves not so proven We start with what most people will do, the BP Statistical Review (latest version June 2016). The review’s Excel file contains a […] -
Oil prices started to skyrocket when one quarter of global supplies went into irreversible decline
Posted on June 25, 2014 | No CommentsThis is the 1st post on the BP Statistical Review 2014 which has been published recently. There are many reasons why oil prices went up in the last 10 years […] -
Why the closure of BP’s Brisbane Bulwer refinery reduces Australia’s energy security
Posted on April 9, 2014 | No CommentsContrary to BP’s media statement the closure of the Bulwer refinery in Brisbane will reduce Australia’s energy security because Australia’s crude oil imports as refinery feedstock come from a dozen […] -
BP Statistical Review 2012 Part 2 Australia proved oil reserves overreported by a factor of 2
Posted on July 25, 2012 | No CommentsThis is easy to check. From the Geoscience Australia website (GA – Oil and Gas Resources of Australia – OGRA) we add total reserves (proved and probable = 2P) for […]