AP_oil_storage_tanks March 4, 2015
AP_oil_storage_tanks March 4, 2015

Shell Canada withdraws application for Pierre River heavy oil project

March 3, 2015

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Shell tar-sands-canada

The low oil price has meant that the number of rigs engaged in fracking is declining dramatically and in a few months production of shale oil will also decline. Now the low oil price has also affected the expansion of production from Canada’s oil sands. Shell has just decided to withdraw its application for its […]

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Next step for completion of the Johan Sverdrup field

March 3, 2015

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Johan Sverdrup

Statoil has signed a contract with Allseas for installation of three platform topsides on the Johan Sverdrup field. They will use the Pioneering Spirit offshore heavy-lift vessel. The vessel will be installing the topsides for the drilling, processing and living quarter platforms. Allseas will transfer the topsides to Pioneering Spirit before they are transported to […]

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Springer Shop Special – 50% off on Energy & Environment Print Books – Special offer ends March 23, 2015

March 2, 2015

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Summary figs

Our book “Peeking at Peak Oil” is on special offer ($ 18,52) that ends March 23. Take a look!

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Marian Radetzki och billig olja

March 1, 2015

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OLYMPUS DIGITAL CAMERA

(This post will not be translated. Use Google translat) ”Därför kommer oljepriserna att stabiliseras på låg nivå” är rubriken på Marian Radetzkis artikel som DN Debatt publicerade den 23 februari. I artikeln lyfter han fram skifferolja som den produktion som i framtiden skall hålla priser på olja på en låg nivå. Här är en del […]

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US rig count continues to tumble, falls 43 units to 1,267

February 28, 2015

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Oil pump east Eagle Ford

From Oil&Gas Journal The US drilling rig count declined 43 units—down from losses of 48 last week and 98 the previous week—to settle at 1,267 rigs working during the week ended Feb. 27, according to data from Baker Hughes Inc. That total is the lowest since Jan. 15, 2010, and 502 fewer units compared with […]

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How correct were Colin Campbell and Jean Laherrère when they published “The End of Cheap Oil” in 1998?

February 26, 2015

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End of Cheap Oil Scenario

Desmond Smith posted a comment after my previous blog: “The crash in the price of oil may change the oil market – a look at the IEA’s “Oil Medium-Term Market Report 2015” and it requires a lengthy response. Therefore, I am giving it in this separate blog. 17 years ago, in March 1998, Colin Campbell […]

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Hur rätt hade Colin och Jean då de 1998 skrev ”The End Of Cheap Oil”?

February 22, 2015

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End of Cheap Oil Scenario

How right was Colin and Jean when in 1998 they wrote “The End of Cheap Oil”? Desmond Smith has made a comment to my blog: ”The crash in the price of oil may change the oil market – a look at the IEA’s “Oil Medium-Term Market Report 2015”. A long answer is needed and I […]

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Commons on commons to the blog ”The crash in the price of oil may change the oil market – …..”

February 20, 2015

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USGS 2000

Johnny has made a very good comment to my blog: ”The crash in the price of oil may change the oil market – a look at the IEA’s “Oil Medium-Term Market Report 2015”. A long answer is needed and I will give it in Swedish below and publish a translation as a separate blog in […]

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Derailed oil train – Bakken crude in flame

February 17, 2015

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Bakken oil exploded

(See on YouTube) (The text is from Oil&Gas Journal) A large-scale cleanup and investigation have launched following the Feb. 16 derailment of a CSX crude oil train near Mount Carbon, W.Va. The train consisted of two locomotives and 109 rail cars traveling from North Dakota to Yorktown, Va. CSX confirmed with OGJ on Feb. 17 […]

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What are natural gas liquids and how are they used?

February 17, 2015

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NGL-2

When the International Energy Agency, IEA, presents its future scenarios, Natural Gas Liquids, NGL, are present as an important component. The IEA’s most recent graph describing its New Policies Scenario was presented in its World Energy Outlook 2012 (WEO 2012) report. In that graph we can see that the production component volume that is currently […]

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