From the point of view of oil consumption, China is in a rather strange position, given that the country is highly dependent on supplies, but their sources are not many.

26-07-2014 admin 951 0

Global conflicts increasingly inflamed because of the desire to possess oil and gas and to profit from them.

15-07-2014 admin 1983 0

American geophysicist king Hubbert from Shell in 1956 predicted that oil production will reach its maximum level of 12.5 billion barrels per year, about 2000 New energy sources and improved methods of extraction proved that he was wrong, but the essence of the theory of peak oil is different.

12-07-2014 admin 1136 0

Russia begins the exploration of Cuban oil. The intensification of drilling activities matter of increasing concern to environmentalists in Florida (and other ecologists). William Gibson (William E. Gibson), Washington Bureau

22-06-2014 admin 1567 0

More and more countries of the OPEC cartel have serious problems with security and stable oil production. The repetition of the Libyan scenario of the collapse of the oil industry in Iraq may lead to catastrophic consequences for the global economy.

20-06-2014 admin 1396 0

Shale "miracle" of the USA unexpectedly received a severe blow after the government announced a review of estimated recoverable oil reserves in the largest formation in the USA.

24-05-2014 admin 1502 0

The reasons to abandon the petrodollar Russia has, and serious. For the US, it may mean the collapse of the stock market amid the universal loss of confidence in the dollar. Undermines the credibility of the Federal reserve system, monthly buying billions of dollars in debt to the Treasury of the Ministry of Finance of the USA.

16-04-2014 admin 1897 0

It is believed that the energy of the future is necessarily associated with renewable energy sources. But it is possible that the leading position of coal, oil and gas will continue. If modern technological solutions will help to get rid of carbon dioxide.

12-04-2014 admin 2056 0

After news about a possible "Holy Grail" of Russia – gas deal with China – and its a barter deal with Iran, the US was seriously worried for the fate of its Almighty petrodollar.

10-04-2014 admin 2009 0

President Barack Obama on March, 28, paid an official visit to Saudi Arabia, where he held a meeting with king Abdullah. There are suggestions that during the meeting they discussed such a sensitive issue, as the price of oil on the world market.

30-03-2014 admin 1681 0