Jeremy

European Oil and Gas Import Dependency to Grow Europe faces a massive challenge as it seeks to manage the transition to non-carbon based energy, but it must not forget the need for oil and gas. Statoil’s Chief Economist Mr Wærness recently argued that even getting enough oil and gas to satisfy demand in a below … Read more

European oil product markets Atlantic basin gasoline exports support European refining margins   While motorists in the UK and Europe have seen retail fuel prices slide as crude has fallen, changing fundamentals in oil products markets have meant the falls have not been as sharp as crude’s – yet, at any rate – and this … Read more

(Originally written for McKinsey’s website, using their data and analysis). Well intervention best option for cost conscious mature field operators With oil prices above $100/bl for much of the last decade or more, there has been little pressure to keep a lid on operating costs, which have risen steadily over recent years, especially in mature … Read more

fierceenergy1014 Cloud technology to lift demand management to new heights. Until effective energy storage arrives, could aggregated demand management be the answer to the rising use of intermittent renewables and squeezed reserve margins? Last week the UK announced winter power supply margins had fallen to just over 4 percent from an estimated 5-10 percent in … Read more

Solar and gas team up to extend reach of renewables The European Photovoltaic Industry Association (EPIA) has teamed up with its gas and wind counterparts, in an attempt to put forward joint proposals that will enable the next stage of a transition to a lower carbon energy system, according to Oliver Schafer, President of the … Read more

Falling crude takes shine off Saudi stock market opening (Published by MEOG Newsbase) Saudi Arabia’s stock market, or Tadawul, has been on a rollercoaster path over recent months, having risen sharply following the July announcement that the exchange would open to overseas institutional investors next year – part of a $130 billion plan to boost … Read more

This is a critique on an article I wrote end 2010 just as the impact of unconventional oil was becoming apparent. The critique looks pretty desperate now and my comments and predictions fairly accurate. I’m not as pro-oil as it might seem from the piece though – the truth may not always be palatable. http://peakoilmatters.com/2011/02/03/the-never-ending-efforts-to-skate-past-the-facts-of-peak-oil/ … Read more