Impact of Oil and Gas Industry on Marine Environment

Health,Safety and Environmental Management in Petroleum and Offshore Engineering by Dr. Srinivasan Chandrasekaran, Department of Ocean Engineering, IIT Madras. For more details on NPTEL visit http://nptel.iitm.ac.in

Sweden turns imported waste into energy

Sweden leads the way in keeping its waste out of landfill sites. It recycles what could be reused and burns what can be safely incinerated to provide power for a quarter of a million homes. But Sweden is so efficient at recycling that it actually import some rubbish from neighbouring countries to keep up with demand at power plants. Al Jazeera's Linda Nyberg reports from Uppsala.

Nigeria's Power problem is about to be phased off - Okupe

Is Nigeria really on the cusp of solving its power problems or is this all a disco?

Germans pay the price for renewable energy

It has been over a year since German Chancellor Angela Merkel set the goal of a nuclear-free future for Germany by 2022. The widespread adoption of renewable energy, however, has left consumers bearing the burden of the changes. Some bills in Germany could even go up by 47 percent. Al Jazeera's Nick Spicer reports from Berlin.

TOP NEWS PICK: DECEMBER 27, 2012

Developments in International Oil & Gas | Energy | Extractive Industries

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World Bank panel accepts Repsol YPF complaint 

The World Bank's arbitration body started moving ahead this week on a complaint by Spanish oil major Repsol over Argentina's expropriation of its controlling stake in energy company YPF | Upstream Online

Nigeria’s deepwater production records 15% yearly slide 

There are indications that Nigeria’s deepwater crude oil production may be headed for the cliffs having recorded 15 per cent slide each year in the last two years as major producers hold back investment in response to the prospect of new punitive provisions under the proposed Petroleum Industry Bill, PIB | Sweetcrude

Chevron grows portfolio with operating interest in Canada LNG project 

Chevron Corporation has announced that its Canadian subsidiary, Chevron Canada Limited, will acquire a 50 percent operating interest in the Kitimat liquefied natural gas, LNG, project | SweetCrude

Indonesia to offer shale gas blocks in 2013 

The Indonesian government will offer areas for shale gas development in 2013 through regular tenders, according to a statement on the Ministry of Energy website | SweetCrude

Sudan’s oil production set to rise by 10,000b/d 

Sudan will boost its oil production by 10,000 barrels a day when the new Hadida field comes on stream this week in the west of the African country, state news agency SUNA said on Wednesday | SweetCrude

Sinopec, ConocoPhillips to study Chinese shale 

ConocoPhillips has joined up with Sinopec to explore for shale gas in China as the country grapples with the best way to exploit its potentially significant unconventional resources, the US player said | UpstreamOnline

70% of Nigeria’s mining firms dead

Energy in 2013

What will our energy future look like in 2013? 

A panel of experts consider the issue, including Fred Krupp, president of the Environmental Defense Fund, Marvin Odum, president of the Shell Oil Company, and Christine Todd Whitman, co-chair of the Clean and Safe Energy Coalition. The discussion was moderated by The Economist's Daniel Franklin, at The Economist's World in 2013 Festival on December 8th 2012.

Gorgon Project Brings Business to Henderson

The Gorgon Project, Australia's largest single-resource project, is based on Barrow Island, roughly 60 km off the northwest coast of Australia. Moving construction items to and from the island involves a major logistics campaign. Central to this is the Australian Marine Complex in Henderson, south of Perth. The complex was developed to assist Australian business to compete for services to large industrial projects. It has become central to Gorgon's construction activities, from transportation to fabrication, and has created many opportunities for local businesses. 

For more information, visit www.chevronaustralia.com

The Oil Crash of 2013

You may not be a Peak Oil theorist however this video challenges the world to wonder; what happens to the era of CHEAP OIL? If Hydrocarbons are getting more and more expensive to get out of the ground then what does this portend for the FUTURES and FINANCIAL markets, energy security, gas and oil prices; what geopolitical imbalances and disequilibrium will this trend generate- especially as we head towards 2013?... More after the cut.

Merry Christmas from The Mix: Oil and Water!

On a very light-hearted note and on behalf of the team I wish you, yours and the whole community

 a Merry Christmas and Happy Holidays - Feso

Hilarious video from Santa DanceBooth; I got this off Blackberry...lol..; Watch!!!

Scientists resume drilling mission in Antarctic

A team of British scientists is trying to restart a drilling mission through the Antarctic Ice Shelf to reach a prehistoric lake. It is hoped that it will reveal evidence of life that could be found elsewhere in the solar system. Drilling down deep into the earth through a lake, they are faced with small time windows before the borehole refreezes to an unusable size, ultimately sealing the lake off again. Al Jazeera's Dominic Kane reports.

Geodyssey: Fracking

This episode examines the possible environmental impacts of hydraulic fracturing (fracking), a technique used in the oil and gas industries to extract petroleum and natural gas from deeply buried shale formations. Clips from the following videos were used in this Geodyssy: 

Fox Business "News": http://www.youtube.com/watch?v=x7vfqyivJ6k

ABC News: http://www.youtube.com/watch?v=pmqW7AQXMU8

TheBigPictureRT: http://www.youtube.com/watch?v=dPM4x_KNT2s

GrassrootsEnvEd: http://www.youtube.com/watch?v=AhwQHHRiT3U

Uneartheddocumentary: http://www.youtube.com/watch?v=IPIEzSwPwT0

MarcellusDrilling: http://www.youtube.com/watch?v=BWW5jcwxSsw

CBSNewsOnline: http://www.youtube.com/watch?v=Nz0MsjA_4jU

CMGOpMgr: http://www.youtube.com/watch?v=dZe1AeH0Qz8

GADLuzerneCounty: http://www.youtube.com/watch?v=4LBjSXWQRV8

North Dakota's Oil Rush: If the Boom Goes Bust

Millions of barrels of oil are rolling out of North Dakota each year and thousands of job-hungry Americans are rolling in, drawn to lucrative oil jobs. But the state faces a challenge: How much do you build when an oil boom may one day bust?

Shell CEO Voser Shale gas revolution will transform US

Royal Dutch Shell's chief executive Peter Voser says the US economy is set for a revolution as the country becomes self-sufficient in energy.

He tells HARDtalk's Sarah Montague that as new oil discoveries and shale gas comes on stream, jobs will move back to the US from abroad, manufacturing costs will be lower than in China and there will be consequences for Europe the rest of the world.

See below for the full BBC interview:

Global oil exploration hotspots

Richard Swann, Stuart Elliott, & Robert Perkins discuss how an average crude price of over $100 has been a catalyst for a surge of successful oil explorations across the world; how "matching" geological basins in South America & Africa are proving rich hunting grounds for oil companies; the steep financial risk faced by independent oil exploration companies, and how new technology is helping to push exploration beyond traditional frontiers and rapidly grow the amount of recoverable oil.

BP Alaska: Unmanned Aerial Vehicle (UAV) Pilot Testing

Isn't this an ESSENTIAL for pipeline inspection, etc?

In Prudhoe Bay, Alaska, BP conducted pilot testing of Unmanned Aerial Vehicle (UAV) technology to enhance pipeline inspection and safety. Equipped with high-resolution cameras, the Aeryon Scout provides visual inspections of equipment, helping crews assess and respond to maintenance needs. The small rotor-wing aircraft is flown from a hand-held tablet computer.

BP Alaska conducted the trials in cooperation with the University of Alaska Fairbanks (UAF) in Fall 2012.

To learn more, join the conversation at www.facebook.com/BPAmerica, follow us at www.twitter.com/BP_America and visit www.bp.com.

Conversation on the Future of the Wind Industry

Energy Secretary Steven Chu and Senator Mark Udall (D-CO) discuss the progress of wind energy and the importance of robust policy support to ensure continued American leadership in the sector.

Marathon Oil in Norway

Norway is a core area for Marathon Oil. We operate 10 licenses on the Norwegian Continental Shelf. A significant milestone was achieved in December 2012 when the Alvheim floating, production, storing and offloading (FPSO) vessel in the Norwegian sector of the North Sea processed its 200 millionth barrel of oil since start up in June 2008.

Rebalancing the World Energy Markets --Chatham House

Yury Shafranik, Chairman of the Board, Union of Oil and Gas Producers of Russia's keynote at the Chatham House Conference Rebalancing the World Energy Markets -- The role of China, Russia and Central Asia on 29 November 2012.

Is the US Coal Industry in trouble?

The industry's peak has past; natural gas is the new darling- especially fracking. Coal-fired power plants et al; what are the issues with the coal industry in the US?

Is Peak Oil Inevitable?

Where do you stand on Peak Oil?

Iraqi oil boom lures foreign investment

Iraq - once written off by foreign businesses - is now attracting them in large numbers. And oil is the main magnet. Al Jazeera's Jane Arraf reports from Baghdad on how the global financial turmoil is also working its way into the equation.

Partnering for Economic and Social Progress in Liberia

How do we measure real impact of 'development of health, education and economic development'?

Chevron is exploring for energy in deepwater off the coast of Liberia. Working with international and local partners, we are drilling some of the first deepwater wells in Liberia in decades. As part of our commitment to the country, we created the Chevron-Liberia Economic Development Initiative. Through this program, Chevron has invested in a variety of successful programs focused on health, education and economic development.

The 2013 Outlook for Oil and Gas: US Perspective

$60 to $70 for a barrel of Oil in 2013; What else?

TOP NEWS PICK: DECEMBER 19, 2012

Developments in International Oil & Gas | Energy | Extractive Industries

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BP announces sale of non-operated interest in Sean offshore gas field 

BP announced today that, as part of its decision to market its stakes in non-operated North Sea assets, it has agreed to sell its interest in the Sean gas field in the UK North Sea to SSE plc for $288 million in cash | PennEnergy 

Shell awards contracts to four Nigerian firms 

To boost the Local Content Initiative of the Nigerian government, Shell Petroleum Development Company Limited, has awarded Maturation Studies Services contracts to four Nigerian companies | SweetCrude

Brent above $108 on hopes of US budget crisis resolution 

Brent futures held steady above $108 per barrel on Wednesday, tracking a rally in most other risk assets on expectations a budget crisis in the US will be resolved, saving the world's top oil consumer from slipping into recession | Upstream Online 

NPDC targets 250,000bpd output by 2015 

The Nigerian Petroleum Development Company, NPDC – a subsidiary of the Nigerian National Petroleum Corporation, NNPC says it expects to grow output to 250,000 per day by 2015, an ambitious target in an environment frought with security, funding and operating challenges | SweetCrude

Alliance adds to Russian resource base 

Sweden-listed Alliance Oil has won an auction for an exploration and production licence in the Timan-Pechora region of northern Russia | Upstream Online

Japan to Extend Cuts in Iran Oil Imports in 2013, JX Chief Says 

Japan will import fewer than 160,000 barrels a day of oil from Iran next year to avoid sanctions aimed at the Middle Eastern country’s nuclear program, the head of Japan’s oil industry group said | Bloomberg

China to Pay $1.4 Billion in Subsidies for

South Africa debates mine nationalisation

What sort of state intervention will kill the goose that lays the eggs and what sort will get more eggs out of the goose?

Resource nationalism - subtle moves or national imperatives?

Resource nationalism isn't just the expropriation of major companies or industries, like YPF in Argentina - it also takes subtler forms. James Smither, associate director at risk consultancy Maplecroft, explains to Rob Minto how shifts in commodity prices can undermine a country's resource leverage and the more nuanced ways revenue can be retained within domestic borders.

Biofuels spark change in Benin | Global Ideas

How does biofuel impact on rural life; how can this be scaled up?

In Benin, women have traditionally processed plants and vegetables. Now, thanks to biofuel produced from jatropha and the support of local cooperatives, they're able to do so much faster.

Africa's dilemma over conflict minerals

Where do we draw the line between maximizing the value of mineral resources and preventing trade in conflict minerals?

East Africa correspondent Katrina Manson visits mineral traders in Rwanda and Democratic Republic of Congo to investigate efforts to clean up smuggling rackets that have repeatedly funded conflict in eastern Congo. She finds new legislation crafted thousands of kilometres away in Washington has backfired -- Congo's official exports have ground almost to a halt; conflict and smuggling continue and holes in a new tagging system has delivered a gift to the very people it was intended to stop.

Kenya Petroleum Refinery Limited upgrade: Sourcing Investment

Where will the Petro-dollars come from?

The Kenya petroleum refinery limited is staring at a bleak future if shareholders do not marshal some one hundred billion shillings for its revamp. The refinery is currently turning into a merchant to be able to compete in the market and increase its efficiencies

Delivering On Power Reforms, Focus on Gas and Financing in Nigeria

Power purchase agreements, taking a 'leap in the dark', forcing change; what are the dynamics of Power and Gas project financing in Nigeria?

At present Nigeria spends an estimated $13bn every year on providing feed for generators as it delivers 4,230MW to her people. However the unbundling of the power sector has started with the Bureau for Public Enterprises evaluating the financial and technical proposals for the new generation and distribution companies. This were some of the points for discussion at the 2012 FBN Capital Investor Conference.

Contributions of Indigenous Oil and Gas Service Firms in Nigeria

How have the indigenous oil companies fared so far in Nigeria's Oil and Gas sector?

Since the successful amnesty for militants in the Niger Delta in 2009, Oil Production in Nigeria has accelerated from a low 1.69 million barrels per day (mbpd) to an average of 2.4 mbpd in H1 2012.

Panelists at the 2012 FBN capital Investors conference discuss the contribution of Indigenous oil forms and ways to accelerate growth.

SCADA for Oil and Gas Drilling with InduSoft

Indusoft provides SCADA software for Oil and Gas, and speaks to Genesis RTS about real world applications of InduSoft Web Studio in the Oil and Gas market.

OIL & GAS UK (Aberdeen): Making More of the North Sea

According to Oil & Gas UK: Making the most of the North Sea's existing asset base and ensuring better deployment of proven and emerging technologies will be critical to the future success of the UK's oil and gas industry.

Oil & Gas UK's breakfast focused on improving hydrocarbon recovery from the UK's existing North Sea assets, examining the factors preventing production and identifying aids to improve current performance. Shell addressed these issues by discussing how it deploys technology to improve recovery, drawing on experiences gained from operating its own portfolio and by presenting an update on its strategy for the North Sea. Wood Group Kenny then outlined how various industry approaches to engineering design for subsea tiebacks and how they engineer new technology into subsea projects can influence our ability to deliver new satellite fields in the North Sea.

Speakers: Fergus Ewing, Scottish Energy Minister, Glen Cayley and Patrick O'Brien. 

This is a great opportunity to hear from the Scottish Government and how they are supporting innovation and technology for the oil and gas industry.

The event reconvened for a panel session chaired by

OIL & GAS UK (London): Current Dynamics of the European gas market

Speakers:

Andrew Morris, Director, Pöyry Management Consulting (UK) Ltd

Stephen Murray, Global Head of Oil and Gas, Herbert Smith Freehills LLP

Julia Pyke, Partner, Herbert Smith Freehills LLP

Chaired by:

Michael Tholen, Economics & Commercial Director, Oil & Gas UK

According to Oil & Gas UK: The face of the European gas market is changing. Volatility will increase as a result of the rising prominence of alternative sources of power and further shifts are expected in light of the publication of the Department of Energy and Climate Change's draft Energy Market Reform legislation. Oil & Gas UK's forthcoming breakfast briefing will shed light on the current dynamics.

Andrew Morris of Pöyry, will first consider the impact of the growth of wind power on gas demand and supplies, gas storage, prices and the management of systems both in Europe and the UK. Julia Pyke and Stephen Murray of Herbert Smith Freehills LLP will then provide an overview of the draft legislation on energy markets and expert analysis of its likely effects.

Following a short networking break, the event reconvenes for

Future Influencers: Unlocking the Energy Challenge

Global climate change, a scarcity of resources and the accelerating energy demand from emerging markets such as China or India pose significant challenges to global and local energy supplies. The question as to how supplies can be secured for the future is becoming increasingly urgent. In this context, we dealt with the topic of "Building a Sustainable Future: Unlocking the Energy Challenge" during the Harvard Business Review webinar / panel discussion in partnership with Future Influencers, a community initiated by Siemens. This took place on 6th December 2012 in Doha, Qatar -- as a side event of Cop 18.

Panelists were: Barbara Kux (Siemens AG), Jennifer Morgan (World Resources Institute), Gregory Unruh (The Lincoln Center for Ethics in Global Management) and Anna Leidreiter, Kali Taylor and Gatien Bon (Future Influencers Community Members).

TOP NEWS PICK: DECEMBER 14, 2012

Developments in International Oil & Gas | Energy | Extractive Industries

CLICK ON THE LINKS FOR FULL STORIES

Oil price rises to $108 on brighter China outlook 

Brent crude rose above $108 a barrel on Friday on a brighter outlook for China's economy, the world's second largest oil consumer, but worries about the impact of a possible US fiscal crisis capped price gains | ArabianBusiness 

BP Invited to Bid on UAE Oil Concession 

BP, who owns a 9.5 percent stake in the Abu Dhabi National Oil Company (ADCO) concession which is set to be renewed in 2014, was surprisingly left out of the pre-qualification process, meaning that it could not bid to renew its interest in the 1.4 million barrel a day play | OilPrice

Chevron hoping to break the deadlock at Block B 

US supermajor Chevron is working hard to break the deadlock on its $4.3 billion Block B gas project in Vietnam, where the company is trying to agree a gas price with state-owned Petro-Vietnam | Upstream Online

US slaps Iran with new sanctions over nuclear program 

(CNN) -- The United States slapped new sanctions on Iran on Thursday, targeting a handful of companies and individuals it says are providing materials and technology to Tehran's nuclear program | CNN

Pemex sues Siemens and SK Holdings 

State-owned Mexican oil company Pemex sued Siemens and a South Korean company for $1.5 billion over a bribery scheme that has dogged the German conglomerate for years | Upstream Online

IPP to be built in Onitsha 

Efforts are currently at an advanced stage for the construction of an Independent Power Plant, IPP, in the commercial city of Onitsha, aimed at addressing the perennial power shortage and outages in the city | SweetCrude

Heavy Canadian Crude Rebounds as Refinery Plans to Restart Unit 

Canadian heavy oil on the spot market strengthened from an all-time low discount to the U.S. benchmark price as BP Plc (BP/) was said to expect to restart a crude unit tomorrow at its refinery in Whiting, Indiana | Bloomberg

Sudan: Funds sought for Block 14 rank exploration 

Sirocco Energy Ltd., Perth, formerly Agri Energy Ltd., is attempting to raise funds for its share of the cost to explore the remote 100,000 sq km Block 14 in northwestern Sudan | Oil & Gas Journal

West Telesto ready for action in

Oil Smoke and Mirrors

Geopolitical conspiracy theories or security of supply imperatives?

According to the site: "Oil Smoke & Mirrors" offers a sobering critique of our perceived recent history, of our present global circumstances, and of our shared future in light of imminent, under-reported and mis-represented energy production constraints.

Through a series of impressively candid, informed and articulate interviews, this film argues that the bizzare events surrounding the 9/11 attacks, and the equally bizzare prosecution of the so-called "war on terror", can be more credibly understood in the wider context of an imminent and critical divergence between available global oil aupply and and global oil demand.

Canada approves energy takeovers worth $20bn

The Canadian government has approved multi-billion dollar takeovers of energy firms by Chinese and Malyasian state-owned companies. But Canada's Prime Minister says there will be strict limits on similar deals in the future. Al Jazeera's Daniel Lak reports from Toronto.

TOP NEWS PICK: DECEMBER 13, 2012

Developments in International Oil & Gas | Energy | Extractive Industries

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Chevron gets closer to expanding Gorgon 

Chevron is finalising its contracting plan for both the offshore and onshore developments of the Gorgon liquefied natural gas expansion project in Australia | Upstream Online

Govs call for release of $1bn excess crude funds 

Nigerian state governors, Tuesday, called on the Federal Government to release the sum of $1 billion from the excess crude account, which is a subject of litigation between the federal and state governments, warning that on-going projects in states would be stalled if the money was not released | SweetCrude

Royal Dutch Shell announces Directorate change 

Royal Dutch Shell plc announces that Mr Gerrit Zalm has been appointed a Non-executive Director of the Company with effect from January 1, 2013 | Oil Voice

Iran plans to build new refinery near Caspian Sea 

Iran's Khazar Oil Co has said the oil ministry is planning to build a refinery near the Caspian Sea, Irna has reported | AmeInfo

UK awaits fracking decision 

Department of Energy & Climate Change (DECC ) to reveal on Thursday morning whether or not to allow extraction process in UK | Upstream Online

Heavy Alberta Oil Drops to Record Low as U.S. Supplies Increase 

Heavy Alberta oil tumbled to a record low against the U.S. benchmark crude as supplies were driven up by increased output, limited pipeline space and a Midwest refinery unit shutdown | Bloomberg

Jonathan seeks N161.6bn extra subsidy fund 

President Goodluck Jonathan has written to the Senate, asking for approval for N616.6 billion as supplementary funds for fuel subsidy for this year | SweetCrude

IEA says global economic slowdown

TOP NEWS PICk: DECEMBER 12, 2012

Developments in International Oil & Gas | Energy | Extractive Industries

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Nigeria seeks Swiss help in $6.8-billion fuel subsidy probe 

Nigeria has sought Switzerland’s help in its ongoing investigation of a multi-billion dollar fuel subsidy scam, after some Swiss oil trading houses refused to cooperate with the authorities in Abuja, Nigerian officials have said | SweetCrude

Colombia is fast becoming a rising oil giant in Latin America 

MIAMI, Dec. 11, 2012 /PRNewswire/ -- Colombia today is one of the most promising exploration and production (E&P) investment markets in the world. As the fourth-largest crude oil producer in Latin America after Venezuela, Brazil and Mexico, Colombia accounted for two billion barrels of proven crude oil reserves in 2012, equivalent to almost seven years of output | YourOilandGasNews

David Cameron: 'Britain must be at the heart of shale gas revolution' 

Britain must be at the heart of a “shale gas revolution”, David Cameron has said, which could bring down energy prices and help “re-industrialise” the economy | TheIndependent

BHP to sell interest in Browse to PetroChina for $1.63 bln 

BHP Billiton agreed to sell its stake in the Browse liquefied natural gas (LNG) project to Chinese oil and gas producer PetroChina Co Ltd for $1.63 billion, the second partner to leave the project in recent months | Reuters

US delays fracking rules for

TOP NEWS PICK: DECEMBER 11, 2012

Developments in International Oil & Gas | Energy | Extractive Industries

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Petronas Aims to Create Thousands of Jobs in Canadian Gas Industry 

Malaysia's state-backed Petronas – which received the regulatory nod from the Canadian government to buy Progress Energy Resources Corp on Dec. 7 – is aiming to create "thousands" of jobs in the Canadian natural gas industry, as it pours billions of investment dollars into developing its newly-acquired assets | Rigzone

Canadian P.M. vows to block further Chinese ownership in oil sands 

Canada's prime minister said Monday it's "extremely unlikely" his government will allow any more foreign takeovers in the oil sands sector by state-owned companies | CBSNews

Protesting workers shut Chevron Nigeria’s EGTL plant 

Protesting workers have shut down Chevron Nigeria-operated multi-billion naira Escravos-Gas-To-Liquid, EGTL, project in Warri South-West Local Government Area of Delta State, South-south Nigeria | SweetCrude

Petrobras borrowing to hit $25bn 

Brazil's state-led oil company Petrobras will borrow $25 billion in 2012, 56% more than the average $16 billion a year outlined in its 2012-2016 investment plan, as it seeks to finance expansion in the face of sluggish oil output and fuel-sale losses, a company finance official said Monday | Upstream Online

CNOOC-Nexen deal 'nowhere near done' 

CNOOC Ltd still has some significant hurdles to clear before it can go ahead with its high-profile takeover of Nexen, even after the Chinese giant secured the blessing of Canadian regulators | Upstream Online

EU to fund Guyana micro hydro-power system 

GEORGETOWN, Guyana, Monday December 10, 2012 – The Guyana government says construction of a multi-million dollar European Union funded micro-hydro power system at Chiung Water Fall in Kato will begin next year | Caribbean360

Petronas to triple gas reserves after

Peak Oil and a Vision of the Future - Randy Udall

Randy Udall is a consulting energy analyst and one of the USA's leading activists in promoting energy sustainability. He is the former Director of the Community Office for Resource Efficiency (CORE) in western Colorado. During his tenure, CORE's partnerships with individuals, governments and utilities led to Colorado's first solar energy incentive program, the world's first Renewable Energy Mitigation Program which has raised $6 million, the world's stiffest carbon tax, and some of the most progressive green power purchasing programs in the country. Udall is a Co-Founder of ASPO-USA and was one of the peak oil experts interviewed by the National Petroleum Council when they researched their 2007 report on the Hard Truths about Energy.

The talk was the keynote at Local Future's 2009 leadership conference on energy, economy and environment, directed by Aaron Wissner.

There's No Tomorrow (Peak Oil) Documentary

There's No Tomorrow is a half-hour animated documentary about resource depletion, energy and the impossibility of infinite growth on a finite planet.

Inspired by the pro-capitalist cartoons of the 1940s, the film is an introduction to the energy dilemmas facing the world today.

"The average American today has available the energy equivalent of 150 slaves, working 24 hours a day. Materials that store this energy for work are called fuels. Some fuels contain more energy than others. This is called energy density."

"Economic expansion has resulted in increases in atmospheric nitrous oxide and methane, ozone depletion, increases in great floods, damage to ocean ecosystems, including nitrogen runoff, loss of rainforest and woodland, increases in domesticated land, and species extinctions."

"The global food supply relies heavily on fossil fuels. Before WW1, all agriculture was Organic. Following the invention of fossil fuel derived fertilisers and pesticides there were massive improvements in food production, allowing for increases in human population.The use of artificial fertilisers has fed far more people than would have been possible with organic agriculture alone."

TOP NEWS PICK: DECEMBER 10, 2012

Developments in International Oil & Gas | Energy | Extractive Industries

CLICK ON THE LINKS FOR FULL STORIES

NNPC approach to oil contracts evaluation may cost Nigeria $48b investments 

Investments in the oil and gas industry worth about $48 billion could be lost following the bid procedure adopted by the Nigerian National Petroleum Corporation (NNPC) | SweetCrude

Saudi Arabia, Iran, Iraq vie for OPEC’s top job as Ecuador bows out 

Ecuador has quietly withdrawn its candidacy for the post of OPEC secretary general, a decision apparently made some time back but not made public until December 4 | Platts

Uganda Opposition Leader Decries ‘Corrupt’ Oil Bill 

The leader of Uganda’s main opposition Forum for Democratic Change (FDC) said corruption in the government of President Yoweri Museveni is pervasive and systemic | VOA

ConocoPhillips announces 2013 capital budget of $15.8 billion and outlines investment programs 

ConocoPhillips (NYSE: COP) announced a 2013 capital budget of $15.8 billion (including contributions to the FCCL joint venture), which is approximately flat to expected 2012 capital program spending | Oil Voice

PIB will fail without strong regulation – Avuru 

The Managing Director/CEO of SEPLAT Petroleum Development Company, Mr Austin Avuru says the oil industry needs “a strong, independent regulator” for the Petroleum Industry Bill (PIB) to work | SweetCrude

Nigeria Naira Drops on Bets Oil Producers to Cut

BP in the UK

BP has been based in the UK for over 100 years, growing to become one of Britain's most successful companies. But success, is not measured solely through our business activities but also by the impact that we have on our communities. 

Find out more about BP's contribution to the UK at www.BP.com/UK

Here We Go, Off The Peak Oil Plateau?

Will the peak oil argument just go away already? Or...is acknowledgement the path to energy sustainability?

Russia banking on new gas pipeline to Europe

Construction of a major new gas pipeline to Europe has begun on Russia's Black Sea coast.

The South Stream pipeline will run across the sea and through the Balkans to central Europe. 

However, some industry experts are questioning whether the $20bn project is really necessary.

Shell Oil Spill Response Capabilities

Shell has developed unprecedented Arctic oil spill response contingency plans. This animation shows the plan in action for the unlikely worst case discharge scenario in the Beaufort Sea. For more information Shell check us out!!

Twitter: www.Twitter.com/Shell_Alaska

Facebook: www.Shell.com/facebook-alaska

Website: www.Shell.us/alaska

What is LNG - turning gas into liquid

As global demand for natural gas grows, industry has to find ways to transport the gas from where it is produced to where it is needed. Over relatively short distances, the gas can be transported through pipelines, however, when distances are too great, we do it a different way - by cooling the gas to -162 degrees Celsius, we liquefy the gas turning into LNG. 

By cooling, condensing, and cleaning the gas, we are able to put it in ships and safely transport it over great distances to where it is needed. 

Shell is proud to have provided the gas for the first LNG project more than 50 years ago and today we are the world's largest provider of LNG. We continue to look for ways to safely develop and transport natural gas around the world, including Shell's Floating LNG (FLNG) project in North West Australia. Together with our partners, we are building the world's first off shore production and liquefaction facility, called Prelude.

Energy Future - Nieuwe bronnen

Energie vinden is nooit makkelijk geweest. Er is altijd innovatie voor nodig geweest. Veel kosten en veel risico. Om nieuwe bronnen te vinden, zijn er duizenden pogingen door duizenden wetenschappers

China & India on collision course as oil & gas tension mounts

India has warned it's prepared to use force to secure its economic interests in the South China Sea. 

It's after allegations that Beijing had deliberately hampered its rival's oil and gas exploration efforts.

As RT's Egor Piskunov reports, if they can't settle their dispute amicably, there are others who are ready to take full advantage.

Petroleum Subsidy Claims:FG discovers N232bn unsubstantiated claims

With this revelation in view, to what extent should the Nigerian private sector be held accountable for distortions in the petroleum sector?

TOP NEWS PICK: DECEMBER 06, 2012

Developments in International Oil & Gas | Energy | Extractive Industries

CLICK ON THE LINKS FOR FULL STORIES

North Sea oil production 'could rise in short-term' 

North Sea oil and gas production could confound expectations by rising significantly over the next few years - but may fall short of government hopes in the longer-term, a new study has claimed | The Telegraph

Sinopec’s Nigerian Oil Deal 

China Petroleum & Chemical Corp. (NYSE:SNP), known as Sinopec, recently agreed to buy a 20 percent stake in a Nigerian oil field from Total, SA (NYSE:TOT) for $2.5 billion. The purchase is part of Sinopec’s ongoing plan to aggressively add to its overseas assets, while the deal for Total represents the continuation of its recent strategy to shift its asset mix with more frequent adjustments to its business portfolio | Market Daily News

Mexican Parties Agree to Break Pemex Refining Monopoly 

Mexican President Enrique Pena Nieto and leaders of the nation’s three largest parties agreed to work toward allowing competition for some of Petroleos Mexicanos’s operations and revise mining royalties | Bloomberg

NNPC lists challenges to gas development in Nigeria

NIGERIAN National Petroleum Corporation (NNPC) has identified poor pricing arrangements, legacy of non-payment by major consumers, inadequate gas infrastructure, oligopolistic structure of incumbents and export bias, as some of the challenges militating against the growth of the country’s gas sub-sector | The Guardian

Shell Shifts Gas Business to Singapore on Asia Demand Growth 

Royal Dutch Shell Plc (RDSA), Europe’s biggest oil producer, plans to move its natural-gas business to Singapore from The Hague in response to growing demand for liquefied natural gas in Asia | Businessweek

Oil price for Indian basket falls to USD 108.61/bbl 

The international crude oil price for Indian Basket as computed/published today by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas came down to USD 108.61/barrel (bbl) on Dec. 04, 2012 as compared to USD 109.25/bbl on the last trading day of Dec. 03, 2012 | MyIris

Natural Gas Discovery Promises a Boon for Eni and Mozambique 

LONDON — The Italian oil company Eni said Wednesday that it had made new natural gasdiscoveries in the waters off Mozambique, a find that would help consolidate Eni’s position as one of the leaders in the East Africa region | NewYorkTimes

Anadarko Petroleum sees U.S. onshore boom

HOUSTON, Dec. 5 (UPI) -- More than 100,000 barrels of oil equivalent per day have come from four key U.S. onshore developments, Anadarko Petroleum Corp. said | UPI

Libya Announces New National