By James Chapman Britain faces the first widespread power blackouts since the 1970s because of looming energy shortages, Government documents reveal. For the first time, ministers are expecting that the supply of electricity will fail to meet demand at peak times. The Government is forecasting that by 2017 there will be power cuts of around […]
By Alistair Lyon, Special Correspondent SANAA (Reuters) – Gentle showers temporarily damp the dust and cool the August heat of Sanaa, but cannot remedy a grim water outlook for the Yemeni capital’s 2 million people. Some residents receive piped city water only once every nine days and others get none at all. The sinking water […]
SOMEBODY was having a graph in Sandown last week after a mysterious image appeared on the beach.A County Press reader sent this photograph of what looks like a graph with a set of dates on it, plus a ‘you are here’ message.The graph attracted lots of attention from early-morning joggers and dog walkers, before it […]
The eighth largest oil field in the world will be dead by the end of next year. Shall I repeat that, or did you get it the first time? Like the “Time to Die” speech of Rutger Hauer at the end of Blade Runner, the Cantarell complex has surely seen its share of ocean storms, […]
It succors and drowns human life. And for the last eight years, oil — and the people and places that make it — was my obsession. By Peter Maass The canoe that carried me into the Niger Delta had an outboard engine that conked out several times before reaching Tombia, which was then the latest […]
Catastrophic shortfalls threaten economic recovery, says world’s top energy economist By Steve Connor, Science Editor The world is heading for a catastrophic energy crunch that could cripple a global economic recovery because most of the major oil fields in the world have passed their peak production, a leading energy economist has warned. Higher oil prices […]
July 16 (Reuters) – Following is a list of some of the oil and gas projects and oil refinery expansion plans that have been delayed or cancelled so far in 2009. The global financial crisis, falling oil demand, a slide in prices and poor general market conditions have prompted many in the industry to scale […]
Oil consumption in the US decreased by 480,000 b/d from March to April to a level of 18.26 million b/d. Average consumption of oil in the US in 2009 up to April was 18.69 million b/d, versus 19.50 and 20.70 million b/d in respectively 2008 and 2007. … Oilwatch Monthly – July 2009 Technorati Tags: […]
From The Oil Drum: By David Murphy Cutler Cleveland of Boston University has reported that the EROI of oil and gas extraction in the U.S. has decreased from 100:1 in the 1930’s to 30:1 in the 1970’s to roughly 11:1 as of 2000 (Figure 1). But beyond the fact that society receives currently around 11 […]
“We will only recognize Peak Oil in the rear-view mirror.” — So They say The May 2009 edition of Oilwatch Monthly can be downloaded at this weblink (PDF, 2.0 MB, 28 pp). … 1) Conventional crude production – Latest available figures from the Energy Information Administration (EIA) show that crude oil production including lease condensates […]
