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peak oil Archive
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BP peak oil (UK decline, asset sales and decommissioning Part 1)
Posted on April 30, 2021 | No CommentsWest 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 […] -
Saudi Arabia was supposed to pump almost 14 mb/d in 2018
Posted on July 5, 2018 | No CommentsHere we go again. Another US President asks Saudi Arabia to pump more oil, despite the so-called US shale oil revolution. Fig 1: Is a tweet enough to make Saudi […] -
China’s oil peak 45 years after the US peak
Posted on September 5, 2016 | No CommentsFig 1: Oil crisis in China like in 2005? No. By order: Free roads for G20 in Hangzhou https://www.theguardian.com/world/2016/aug/31/china-hangzhou-propaganda-facelift-g20-summit Strategically published only days before the G20 summit the Wall Street […] -
Despite growth in passenger numbers Virgin Australia can’t make money since 2009
Posted on February 12, 2014 | No CommentsSummary Virgin’s operating revenues have grown more than 4-fold over 10 years but since 2009 – the year peak oil triggered the global financial crisis – operating expenses were as […] -
New Australian Prime Minister is sceptical that peak oil has value for policy making
Posted on September 8, 2013 | No CommentsThe Australian electorate has voted for a Prime Minister who 3 years ago said he was sceptical that the concept of peak oil has any value as tool for policy […] -
2/3 of Egypt’s oil is gone 20 years after its peak
Posted on July 4, 2013 | No CommentsNo 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 […] -
World car production grows 3 times faster than global oil supplies
Posted on May 27, 2013 | No CommentsAs Ford Australia announced the closure of its factory in 2016, the Sydney Morning Herald ‘s headline was: 24/5/2013 Era of the Aussie car over http://www.smh.com.au/business/era-of-the-aussie-car-over-20130523-2k48f.html Right. There is an […] -
Half of oil burnable in 2000-2050 to keep us within 2 degrees warming has been used up as we hit 400 ppm
Posted on May 16, 2013 | No CommentsThis article shows CO2 emission profiles from oil, analyses how regional peak oil events shape emission curves and calculates that an annual 6% oil decline rate after 2012 would be […] -
ABC TV Interview with Richard Heinberg on peak oil and the end of growth
Posted on September 18, 2012 | No CommentsIn this post I add some graphs into the interview transcript. http://www.abc.net.au/news/2012-09-17/peak-oil-and-the-threat-to-growth/4266638 On youtube: http://www.youtube.com/watch?v=eGphOQXCt2s Ticky Fullerton, ABC TV Lateline Business: “There have been few more passionate debates in resource […] -
South East Asian oil peak in the rear view mirror (part 1)
Posted on September 10, 2012 | No CommentsThe title of this post refers to a term first used by the late Matt Simmons (2005 book “The coming Saudi oil shock and the world economy”) Grandiose statements about […]