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![Exxon plans to produce gas close to China’s 9 dash line claim This article is part 3 of a series on peak oil in the South China Sea. Bloomberg commented on 15/12/2016 that “Trump’s Top Diplomat Would Bring Complex History With China […]](https://crudeoilpeak.info/wp-content/uploads/Vietnam_gas_production_by_field_1991-2015-115x115.jpg)
![Peak oil in the South China Sea (part 2) China’s crude oil production has apparently peaked and is back to where it was at the beginning of 2010. Fig 1: China’s crude oil production http://www.jodidb.org/ Vietnam has become a net […]](https://crudeoilpeak.info/wp-content/uploads/China_crude_production_2002-Oct2016_JODI-115x115.jpg)
![OPEC’s 2017 production cuts: a confusing numbers game (part 2) In this second part we look at OPEC production cuts for January 2017 in the context of historical production using JODI data. OPEC is very fond of JODI, the Joint […]](https://crudeoilpeak.info/wp-content/uploads/OPEC-10_crude_production_2002-Sep2016-115x115.jpg)
![OPEC’s 2017 production cuts: a confusing numbers game (part 1) What the agreement said Fig 1: Production table from OPEC’s press release referred to as “agreement table” “1. In the fulfilment of the implementation of the Algiers Accord, 171st Ministerial […]](https://crudeoilpeak.info/wp-content/uploads/OPEC_Jan2017_quotas-115x115.jpg)
![Royal Dutch Shell’s upstream earnings peaked 2008, now in the red Shell’s upstream earnings1) were in the red since the 1st quarter of 2015 according to first half 2016 reports. Earnings peaked at US$ 6 bn in the 2nd quarter of […]](https://crudeoilpeak.info/wp-content/uploads/Shell_Upstream-earnings_1Q2005-2Q2016-115x115.jpg)
![U.S. Storage Filling Up with Unaccounted-For Oil This is a joint post with Art Berman, a geological consultant based in Houston, Texas, and may be seen also on his website http://www.artberman.com/ U.S. crude oil storage is filling up […]](https://crudeoilpeak.info/wp-content/uploads/History_unaccounted_crude_US_stocks_2002-Sep2016-115x115.jpg)
![Australian public broadcaster a true believer in US shale oil supremacy In yesterday’s 7 pm news ABC TV business presenter Alan Kohler got carried away with the news that the US drilling rig count increased by 2 rigs in the last […]](https://crudeoilpeak.info/wp-content/uploads/Stability_USD_2011-2016-115x115.jpg)
![Incremental crude production update August 2016 OPEC Fig 1: OPEC’s incremental crude oil production Incremental production for each country is the production above the minimum production for the period Jan 2000 – May 2016 (the latest […]](https://crudeoilpeak.info/wp-content/uploads/World_Incremental_crude_production_2000-May2016-115x115.jpg)
![China’s oil peak 45 years after the US peak Fig 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 […]](https://crudeoilpeak.info/wp-content/uploads/China_oil_production_consumption_2010_to_2045-115x115.jpg)
![Oil reserves and resources as function of oil price BP 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 […]](https://crudeoilpeak.info/wp-content/uploads/Oil_reserves_function-of-price-115x115.jpg)