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Monday, April 18, 2011
TOP NEWS PICK : APRIL 18, 2011
BP facing calls for a sell-off
Hartlepool Mail
Nigerian polls pose headache for oil firms
Argus Media Group
OPEC concerned over high oil price: Badri
Iranian output on the decline
Friday, April 15, 2011
Tuesday, April 12, 2011
TOP NEWS PICK : APRIL 12, 2011
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Crude falls on demand fears
Ghana nears output target
How Japan Just Made The Global Oil Crunch Worse
Shell wants to shut Australia's Clyde Refinery, turn it into a fuel import terminal
BNK dives into Spanish shale
Biofuel firm Kior files
IEA Oil Market and EIA World Liquid Fuels Consumption Outlook
With the oil market still digesting the impact of unrest in North Africa and the Middle East, as well as last month's
Sunday, April 10, 2011
CHINA: On the Rise with Solar Energy!
China, the world's largest solar panel exporter, is likely to boast 10 gigawatts (gW) of solar power capacity by 2015 from the current 1 gW, doubling its existing target amid rising doubts about the safety of nuclear power.
The country may double its target for solar power capacity to 10 gW in 2015 from the 5 gW originally planned the China Securities Journal reported on Wednesday, citing unnamed sources.
WEEKEND DIGEST-->>> 9-10 APRIL
The Weekly Digest brings you the highlights of 'The Mix: Oil and Water!' for the past week.
Catch up. Read your favourite Articles and Posts- again and again...and some more!!!
Friday, April 8, 2011
POST NUCLEAR: Does SOLAR POWER FiT in yet?
By Gordon Johnson
Lately, a lot of attention has been given to the solar industry due to the unfortunate set of events which have unfolded in Japan as a result of the earthquake. The prevailing theme among journalists, mis-informed Wall Street analysts’, and investors who have a positively biased view on the solar industry is that due to the problems with the nuclear plants in Japan following the earthquake, this form of renewable power should be abandoned in favor of power sources such as solar. Thursday, April 7, 2011
Wednesday, April 6, 2011
Chinese Per Capita Oil Consumption still low? We're in trouble!!
The Growing Threat From China And India To Global Oil Markets
By Frank Holmes
Global crude oil and liquid fuel consumption grew at its second-fastest pace in over three decades in 2010, rising 2.8 percent to 86.7 million barrels per day, according to the U.S. Energy Information Administration (EIA). In fact, worldwide oil consumption surpassed 2007 pre-recession levels.
For 2011 and 2012, the EIA forecasts that, around the world, we’ll use an annual average of 1.6 million barrels of oil per day. The EIA says this increase is expected to be driven by rising demand from the emerging world, mainly China, Brazil and the Middle East.
While Chinese oil consumption growth is expected to slow from the blistering 13.1 percent growth the country experienced in 2010, China is still expected to see a 6.6 percent growth in consumption this year. By 2015, the International Energy Agency (IEA) estimates that the use of oil in China will increase some 70 percent from 2009 levels, accounting for 42 percent of global demand over that time period.
Tuesday, April 5, 2011
JUMPY, JUMPY: Oil prices
Oil's crude Iranian awakening
By Karen Maley
Oil prices jumped overnight, with the price of Brent crude climbing above $120 a barrel for the first time since mid-2008 as investors gave up hopes for an early end to the Libyan conflict, and fretted about signs of growing unrest through the Middle East and North Africa.
The worries come as global economic recovery is driving up the demand for oil, and at a time when refiners are ramping up their operations, ahead of the US summer holiday period, when demand for petrol surges.
In New York, the contract price for light sweet crude for delivery in May finished at $108.47 a barrel, its highest close since September, 2008. Already US petrol prices average $3.66 a gallon, about 5 per cent higher than a month ago, and about 30 per cent higher than the same time last year.
TOP NEWS PICK : APRIL 5, 2011
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Tokyo Electric dumps highly radioactive water into sea
BG Group third Tanzanian gas discovery
Gabon oil strike over
Oil settles above US$108 a barrel
GE study finds 5% of world’s natural gas production wasted per year by flaring
Nigeria Billionaires Jostle for Shell’s Oil Blocks
New York City’s Electricity prices may double by
Monday, April 4, 2011
ARBITRATION: The Rules of Engagement
By Marcia Ashong
One of the main avenues through which exceptions are given for the joining of non-signatories is by reference to the so called “group of companies doctrine’ (GCD) or other related doctrines.[1] The leading case on this was delivered by the International Chamber of Commerce (ICC) interim award of Dow Chemical.[2] In this case a claim was brought to the ICC tribunal by the Companies that had signed an original agreement (including Dow Chemical France) but also their parent company Dow US corporation (Dow US) a non-signatory.[3] In making its interim award on those non-signatories the tribunal concluded, that:
The Group of Companies Doctrine and Its Relevance for OG Disputes
One of the main avenues through which exceptions are given for the joining of non-signatories is by reference to the so called “group of companies doctrine’ (GCD) or other related doctrines.[1] The leading case on this was delivered by the International Chamber of Commerce (ICC) interim award of Dow Chemical.[2] In this case a claim was brought to the ICC tribunal by the Companies that had signed an original agreement (including Dow Chemical France) but also their parent company Dow US corporation (Dow US) a non-signatory.[3] In making its interim award on those non-signatories the tribunal concluded, that:TOP NEWS PICK : APRIL 4, 2011
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Environmental Protection and Regulation are Key to New York’s Economic Future
Obama's speech 'notable' for gas producers
US backs big Geothermal
BP seeks to drill again for Gulf oil
Solar and nuclear energy to cut Saudi oil use
Colombia restarts Venezuela
Sunday, April 3, 2011
GLOBAL OIL REFINING CAPACITY: A Sunday Epistle
By Stephen Bowers
Product Demand and Disposition
Global refining capacity is in a state of flux. In the main, the refining capacity in the OECD countries is in a mature state, with refineries aging and struggling to achieve the necessary returns for re-investment. This is particularly relevant for Europe and Japan where refining margins have been poor for decades. The same applies to an extent in the US, although there has been more investment in upgrading in the US than Europe. It would be not hard to reason that high taxation of fuels may have been partly to blame. Irrespective of your point of view, the fact that refining margins are so poor - typically $2-5 per barrel - it is no surprise that much rationalisation is taking place on the mature markets. It is worth looking at the typical disposition of the products from a barrel of oil and Chris Skrebowski's (of Peak Oil Consulting) slide Fig. 1 does it well.
Saturday, April 2, 2011
WEEKEND DIGEST-->>> 2-3 APRIL
The Weekly Digest brings you the highlights of 'The Mix: Oil and Water!' for the past week.
Catch up. Read your favourite Articles and Posts- again and again...and some more!!!
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