13 Mar '17, 7am

Trillion-dollar question looms as Aramco audits oil reserves... via PEAK OIL #oilandgas

Trillion-dollar question looms as Aramco audits oil reserves... via PEAK OIL #oilandgas

* One auditor working towards completing report by year-end * Listed reserves haven’t changed in nearly 30 years * Falih says reserves could be bigger than those already booked * Disclosures likely to resemble those of BP and Shell * Market will not get detailed information by field – sources When Saudi Aramco reveals a Western audit of its oil reserves, investors will be looking for two answers: How much oil and how much detail? Saudi Energy Minister Khalid al-Falih has hinted at a surprise on the upside on reserve volumes ahead of Aramco’s 2018 share listing, but industry sources say detail on individual deposits – which investors have long sought – will be thin. Saudi Arabia’s reserves of easily recoverable oil have long been the world’s largest. But there also have long been questions about the volume and quality of those reserves. For nearly 30 years – despite rising ...

Full article: http://peakoil.com/business/trillion-dollar-question-loom...

Tweets

When This All Blows Up...... via PEAK OIL #oila...

peakoil.com 12 Mar '17, 9am

The summary here is this: We are still printing and borrowing enormous amounts of money and credit, but the world is not g...

Saudi Arabia Won’t Let Oil Head Back To $20s Ag...

peakoil.com 12 Mar '17, 6pm

rockman on Sun, 12th Mar 2017 4:26 pm “Saudi Arabia has kept its promise…helping oil stabilize above $50 per barrel.” BS: ...

Peak Oil News and Message Boards - Channel list

peakoil.com 19 Mar '17, 11pm

General discussions of the systemic, societal and civilisational effects of depletion.

How and why oil companies' energy outlooks give a misleading picture of the future

How and why oil companies' energy outlooks give...

priceofoil.org 14 Mar '17, 12am

Forecasting Failure: Why Investors Should Treat Oil Company Energy Forecasts With Caution Oil Change International, Greenp...

Top 10 oil and gas companies in the world

energydigital.com 18 Mar '17, 9am

“Over the last 125 years, ExxonMobil has evolved from a regional marketer of kerosene in the United States to the largest ...

JUST RELEASED: Oil companies’ flawed energy for...

priceofoil.org 14 Mar '17, 12am

CONTACT: Oil Change International: Greg Muttitt, greg [at] priceofoil [dot] org Oil Change International: David Turnbull, ...

Shell Begins Divestment From Canadian Oil Sands

Shell Begins Divestment From Canadian Oil Sands

triplepundit.com 14 Mar '17, 8am

Shell workers dig a trench at the Athabasca oil sands development in Alberta, Canada, 2009. Last week Royal Dutch Shell ag...

US Offshore Oil and Gas, Meet US Offshore Wind

renewableenergyworld.com 13 Mar '17, 8pm

PennWell Corporation last week announced the launch of the first conference dedicated to bringing together the U.S. offsho...

Kong Hee prayed over so much oil the United States might invade him

Kong Hee prayed over so much oil the United Sta...

mothership.sg 12 Mar '17, 8am

So as I was driving, I dropped Dayan off in school, I was driving back in the midst of heavy traffic and suddenly I though...

via @audubonsociety

audubon.org 18 Mar '17, 5pm

But more crude is not likely to give this nation much relief, thanks to a series of botched reforms. Ecuador rewrote its o...

Peak Oil Discussion

peakoil.com 19 Mar '17, 11pm

Peak oil studies, reports & models Conservation & Efficiency Economics & Finance Energy Technology Environment Access Memb...

California Has Some Of The World’s Dirtiest Oil...

peakoil.com 19 Mar '17, 6pm

rockman on Sat, 18th Mar 2017 10:18 pm ““And those are the same oil sands that California didn’t want to take, because the...

Are oil giants finally pivoting towards a green...

businessgreen.com 13 Mar '17, 10am

Setting the bar high enough: the case for science-based targets on climate change In a year where we are seeing record-bre...

Peak oil? Not any time soon... via PEAK OIL #oi...

peakoil.com 05 Mar '17, 8am

rockman on Sat, 4th Mar 2017 3:17 pm Since this crap was deemed import enough to repeat I figure my crap must also be impo...