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Asia Pacific peak oil: 2020 production continued decline at -2.7% pa

Posted on September 4, 2021

Production: 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 kb/d (12…

China increased oil imports in Covid stricken 2020 by a lucky 8.8%

Posted on August 29, 2021

China is the only country which increased oil imports in 2020. This post is using data from the new BP Statistical Review released on 8 July 2021. Fig 1: Wuhan roads during…

New South Wales’ coal fired power plants operating at close to rated capacity: winter 2021

Posted on July 29, 2021

This article follows 2 earlier posts on power price spikes in May 2021 (Tomago alu smelter load shedding and Callide C4 explosion) It is easy enough to click on the following link…

BP peak oil (UK decline, asset sales and decommissioning Part 2)

Posted on June 17, 2021

In part 1 we were looking at BP’s oil field sold (A), for sale (B) or decommissioned (C).That was a sobering experience. In part 2 we analyse fields which are still in…

NSW power spot price spikes May 2021 become regular (part 2) Callide C4 explosion

Posted on June 14, 2021

In this 2nd part we analyze the impact of the generator hall explosion on 25 May 2021 in the Callide power plant in Queensland located 85 kms south west of Gladstone. Fig…

NSW power spot price spikes May 2021 become regular (part 1)

Posted on June 7, 2021

Liddell outages, load shedding at the Tomago alu smelter and reduced power imports from Queensland after the generator fire at Callide have caused price spikes in NSW which mean that NSW power…

China – Australia passenger traffic has peaked 2018-19 before Covid

Posted on May 22, 2021

The number of arriving and departing passengers on direct flights from/to (mainland) Chinese airports has peaked in 2018 and 2019, BEFORE the corona virus hit in the 1st quarter of 2020. Arriving…

BP peak oil (UK decline, asset sales and decommissioning Part 1)

Posted on April 30, 2021

West 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 15 Apr…

Brunei peak oil – golden opportunity for China’s Belt and Road Initiative

Posted on March 25, 2021

Fig 1: Gold plated dome of the Sultan Omar Ali Saifuddin Mosque in Bandar Seri Begawan Fig 2: Brunei crude & NGL production. The 2nd and last peak was in 2006 (Shell…

Exxon Mobil’s refinery closure in Australia: peak oil context

Posted on February 15, 2021

Exxon Mobil’s Melbourne refinery is closing and will be converted into a fuel import terminal. The Australian public broadcaster has found the right title for its article: Australia loses another oil refinery,…

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Latest posts

  • Australian fuel security update 7 Nov: Diesel cover falls by 20% to 31 days as forward fuel deliveries drop to lowest level since mid-August
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  • Jet fuel stocks just 2.6 days above the Minimum Stockholding Obligation as new Western Sydney Airport enthusiasm soars
  • Asia Pacific peak oil update 2025, consumption 5x higher than production
  • Australian jet fuel stock floating offshore while fuel prices are flying away
  • Australian Diesel imports in August dropped from high in May

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