Tech Talk – Gas Flares and Their Significance in Russia
Over the weekend I went to a talk on the promise of shale oil and gas given by Sid Green, a friend and one of those members of the National Academy with Washington influence in regard to the future of the fossil fuel business. (He appears much more a Y...
Tech Talk – the top 30 oil producers, a review
These posts have been going through the EIA list of the top oil producers in the world, over the past few weeks, I thought I might just review them collectively, but briefly, before starting to look at individual countries and oilfields. Even the post...
Sorry – you still can’t buy OR swap Libyan oil easily, at all
Conversely: ‘sorry rebels – you still can’t get cash to fight the brutal dictator easily, at all’.Oh dear: one great big flaw has emerged in any plan...
Tech Talk – Countries producing around 2 mbd – Nigeria, Angola, Libya and the UK
The growing concerns about the stability of the countries of the Middle East and North Africa (MENA), because they make significant contributions to world oil supply, adds additional meaning to these weekly posts on the world’s major oil producer...
Why you really can’t swap Libyan crude easily, at all
It’s not just about finding enough quality crude to replace Libya — it’s about the not insubstantial political risks hanging over those supplies, too.Fighting...
North African gas supplies to the European gas market
With civil and bloody unrest spreading across North Africa and The Middle East, it is once again appropriate to look at the dependency of Europe upon imports of gas from North Africa. With the North Sea in decline and Norway struggling to meet supply ...
A further indignity for BP?
Nigerian spammers are now trying to profit from its woes, according to Bronte Capital’s John Hempton, who (ahem, ahem, cough, cough) found the following in his inbox on Wednesday:...
Shell gives BP a lesson in PR (or does it?) updated
Update: May 18, 13.20 (BST).Hands up, we were duped on this one. Shell say the release is a hoax.From a company spokesman:We have confirmed that this is a hoax. We aren’t...
China Unicom denies Nigeria bid
Nigeria’s decade-long drive to sell Nitel, its former telecoms monopoly, was again in disarray on Thursday as groups named in official documents as part of the consortium behind...
Under the radar: Saudi oil exports to U.S. fall to 22-year low
Filed under: International markets, Russia, Mexico, Canada, Oil
Under the radar: Some trends are obvious enough and visible to all investors. Others are more-subtle, but are just as potent, and these often slip 'under the radar.'Ray of Light: Nigeria’s oil rebels announce ‘indefinite cease fire’
Under these economic conditions, you take the good news where you can get it, and one such data point occurred in Nigeria. A cease fire by Nigeria's oil rebels, the Movement for the Emancipation of the Niger...
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