Crude Oil Reserves
Oil Exporter Abu Dhabi Funded Anti-Fracking Film, But Matt Damon Doesn't Want You To Know
Written by Elmo Robbins Thursday, 13 December 2012 14:28
Earlier this month, documentary filmmaker Philem McAleer asked questions to filmmakers Matt Damon and John Krasinski about their new anti-fracking film "Promised Land," regarding the funding the film got from Abu Dhabi. (Fracking is the extraction of natural gas from shale rock layers within the Earth, and can make the United States energy independent.) McAleer's question, and Damon's meek answer, were edited out of the podcast that was made available on iTunes.
The Resurgence in Oil and Gas Production in the United States
Written by Erik Thorsen Tuesday, 13 November 2012 16:50
A shale-oil boom will thrust the U.S. ahead of Saudi Arabia as the world's largest oil producer by 2020, a radical shift that could profoundly transform not just the world's energy supplies but also its geopolitics, the International Energy Agency said.
The U.S. will overtake Saudi Arabia as the world's largest oil producer by 2020 due to a boom in shale oil. How will that impact global energy supplies and geopolitics? Liam Denning reports on the Markets Hub.
Insecurity: Crude Oil Inventories
Written by Erik Thorsen Monday, 12 November 2012 16:52
The future of energy insecurity has arrived. In August, a devastating cyber attack rocked one of the world's most powerful oil companies, Saudi Aramco, Riyadh's state-owned giant, rendering thirty thousand of its computers useless. This was no garden-variety breach. In the eyes of U.S. defense secretary Leon Panetta, it was "probably the most destructive attack that the private sector has seen to date."
Fracking Mild Earthquake in Ohio
Written by Erik Thorsen Monday, 02 January 2012 16:18
Mild earthquake linked to fracking oil extraction activities:
North Sea Oil Fields Fading? No Way!
Written by Erik Thorsen Friday, 18 November 2011 00:00
There were rumors that crude reserves offshore Norway would deplete and consequently the Brent will eventually fade from the market. But geology is not confirming the scarcity news. On the contrary. Statoil announced that a newly discovered oil field measures gigantic proportions - somewhere between 500 million and 1.2 billion recoverable barrel field. A more precise estimate is expected and that may bring even better news about the oil reserves under the North Sea.