Archive for the 'business' category

BP: out of the frying pan

This article was published in EurOil, 19 June 2012.

You could be forgiven for thinking BP’s luck had finally turned on 1st June 2012.

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How do you solve a problem like jet fuel?

First published in Petroleum Review, May 2008.

Say what you like about Sir Richard Branson, but you cannot fault his willingness to suffer in the cause of a photo-opportunity.

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Peak oil and the seismic silver lining

First published in International Hydrographic & Seismic Search Magazine, February 2008

The launch of International Hydrographic & Seismic Search Magazine raises an interesting question: have the publishers taken leave of their senses?

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Slippery slope

By David Strahan. First published in the Guardian, 3 October 2007.

The Irish chapter of the Association for the Study of Peak Oil could hardly have wished for better. On the first day of its recent conference in Cork, the oil price obliged by striking a new all-time high. And in the following days it struck three more in a row.

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CO2 flooding could yield 2mb/d – eventually

(Podcast) For a senior oilman Gareth Roberts holds some fairly unusual views: peak oil is coming soon; crude oil is too precious to burn as transport fuel; and Big Oil should be investing massively in alternative energy.

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We are all peakists now – Schlesinger

(Podcast) Former US Energy Secretary Dr James Schlesinger today claimed that the intellectual arguments over peak oil had been won, and that in effect ‘we are all peakists now’.

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Oil industry ‘sleepwalking’ into crisis

By David Strahan and Andrew Murray-Watson. First published in the Independent on Sunday, 16 September 2007

Lord Oxburgh, the former chairman of Shell, has issued a stark warning that the price of oil could hit $150 per barrel, with oil production peaking within the next 20 years.

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Interview with Lord Oxburgh

The former chairman of Shell will issue a stark warning about the world’s oil supply at a conference in Ireland later this week. Lord Oxburgh expects that global oil demand will outstrip supply within twenty years as production hits plateau, and that the oil price may well hit $150 in the long term. He accuses some in the industry of having their heads “almost in the sand” about oil depletion, and concludes “we may be sleepwalking into a problem which is actually going to be very serious and it may be too late to do anything about it by the time we are fully aware”.

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Why BP and Shell are bound to merge

By David Strahan. First published in the The Independent on Sunday, 15 July 2007.

BP and Shell are finally about to merge. That’s if you believe the tittle-tattle in the Square Mile. Of course rumours that the two giant companies might wed are hardly new and have been the stuff of bankers’ fevered imagination for years. But there is now an increasingly compelling case why the two energy groups should be integrated.

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