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The Global Response to a Terror-Generated Energy Crisis

In June 2008, The Heritage Foundation invited energy scholars and policy experts to participate in a computer simulation and gaming exercise assessing the economic effects of a global petroleum energy crisis. This exercise suggests reliance on market forces and coordinated security activities did much to help restore the confidence of markets and consumers.

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Petroleum Accounting Manager in Houston, TX

Come work for the worlds largest, diversified Energy and Resources Company with 38,000 employees, working in more than 100 operations in approximately 25 countries! The Global Petroleum Controllers team is responsible for external reporting, systems development, process improvement, financial analysis, and governance activities for Petroleum worldwide. In addition, the group develops and delivers Petroleums...

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Green Prophet: Even Oil Rich Gulf Countries Looking to Renewable Energy

You’d think that the OPEC countries in the Persian Gulf would have nothing to do with alternative energy initiatives, right? Since they have close to a quarter of the global petroleum reserves literally underfoot, you might assume that they’d try to prevent the development of... ...to keep reading, visit Green Prophet...

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Mr. Bush, A Novice Checker Player, In A Global Petroleum Chess Tournament

Why do I constantly poke fun of Mr. Bush? Because it IS so easy, since he provides so much fodder. Fodders sufficient enough for everyone from late night comedians to staid risk managers. Once again, he does not disappoint. With mere months to go before his ignominious exit from the White House as, in Nancy Pelosi’s words, a “ total failure ,” Mr. Bush is again grasping at offshore oil drilling to...

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Peak Oil Theories

Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. The Peak oil point may actually be reached earlier if supply cannot increase fast enough to meet the rising demand. The effects of the peak oil point will be rising oil prices. M. King Hubbert was one of the first to use peak oil concepts in 1956...

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Energy bugs: food goes in, oil comes out

The race to find ways around the global petroleum problem

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More posturing from Oil and Gas

An industry trade group has changed Colorado's ranking from 1st in the world to 29th worst place to do oil and gas business . The Global Petroleum Survey 2008 released Thursday by the Fraser Institute in Calgary, Alberta, found that Colorado ranked on par with Pakistan, Ukraine and Indonesia in terms of investment potential. It attributed Colorado's sudden fall from the No. 1 rank to Gov. Bill Ritter's...

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Fraser Institute survey ranks SK ahead of AL

Saskatchewan is now the preferred Canadian jurisdiction for oil exploration and development, according to the Fraser Institute's Global Petroleum Survey 2008 . The Global Petroleum Survey 2008 , ranked Saskatchewan as the sixth most favourable jurisdiction out of 81 in terms of having low barriers to upstream oil and gas investment. Alberta was ranked 29th while British Columbia ranked 19th. Saskatchewan...

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Solution to the Global Petroleum Crisis

Rising petroleum prices may plunge the world into a global recession. Here’s what to do about it.

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Solution to the Global Petroleum Crisis

Raju Agarwal submits: Rising petroleum prices may plunge the world into a global recession. Here’s what to do about it. In my view, financial speculators are largely responsible for the recent surge in the price of petroleum. Indeed, this is yet another case of “irrational exuberance”, similar to the previous technology and real estate bubbles. Of course, as in previous bubbles, financial speculators...

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Saudi King Launches New "Energy For The Poor" Initiative For Developing Countries

In the opening speech at the global petroleum conference in Jeddah on solutions for the world oil crisis, Saudi King Abdallah announced Saudi Arabia's intention to restrict its oil exports. The king also announced an "Energy for the Poor" ... June 23, 2008, 2:46 pm

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Oil exploration

Last week I blogged that: "I often read that the world is now past the point of "peak oil", that being the point when when the maximum rate of global petroleum production is reached, after which the rate of production enters its terminal decline. What we hear less about are the enormous reserves of oil that lie ready to be extracted but that are off-limits for dubious environmental reasons. This article...

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Universal Systems, Inc. : Universal Systems to Open a Sales Office in Alberta, Canada

BAKER CITY, OR (MARKET WIRE) Universal Systems, Inc. (PINKSHEETS: UVSS) announced today its decision to open a new sales office in Alberta, Canada following promising sales prospects from the Global Petroleum Conference.

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Oil shortage

I often read that the world is now past the point of "peak oil", that being the point when when the maximum rate of global petroleum production is reached, after which the rate of production enters its terminal decline. What we hear less about are the enormous reserves of oil that lie ready to be extracted but that are off-limits for dubious environmental reasons. This article from CNS News has some...

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Bal Seal Engineering Presents High Performance Sealing & Connecting Technology at the Global Petroleum Show

FOOTHILL RANCH, Calif.--(BUSINESS WIRE)--Bal Seal Engineering Inc., today announced their participation at the Global Petroleum Show this week in Calgary, Alberta, Canada