The Guardian of September 27, 2013 reporting on the Intergovernmental Panel on Climate Change (IPCC) that concluded with it would take 30 years to climate calamity if we carry on blowing the carbon budget knowing that the world’s “carbon budget” was one of the most striking findings of the IPCC’s calculations todate. Would Peak Oil and / or Peak Demand make any difference to any outcome to that?
As a good captain of industry, Elon Musk tried and still is trying to turn this into an opportunity. Here he is relating to the owners of those geological assets cause of this calamity in the making.
Life is unjust as many have heard it over the centuries. Hidden consequence of Saudi Arabia’s Oil Price war is yet again another story on how, miscalculations and certain imponderables make life certainly not that agreeable for a third party. This is nicely wrapped up by Bulent Gökay, Professor of International Relations, Keele University in The Conversation and widely spread in the world media. Here is the Venezuela crisis that is the hidden consequence of Saudi Arabia’s oil price war .
Further to our Demand May Top Out Before Supply Does, here is an interesting article on the side-lines of one of the Oil Industry’s concerns as elaborated on this report of the IBT on the recently held 22nd World Petroleum Congress – Istanbul, 2017 where it was a question of how age and gender could obviously affect the industry to survive this wave of fossil fuel dislike amongst the young. The unleashing of a frenzy amongst today’s youth as Fossil Free is a growing international divestment movement calling for organisations, institutions and individuals to demonstrate climate leadership and end their financial support for the fossil fuel industry.
No industry for old men: Why ‘Big Oil’ needs to woo younger, female workforce
Energy industry’s lack of appeal for women and the young remains a major cause for concern.
In order to keep ourselves abreast of our recently published article on solar power development, we propose this article of a Gulf daily, the Times of Oman. It does elaborate on an exceptional project not only by its size but also because of its ground-breaking technology utilisation.
The Oman’s Miraah project uses solar energy to produce steam to tap into the country’s heavy oil reserves.
France, Norway, Sweden headquartered Volvo are all about to do away with the use of anything to do with fossil oil. Such momentous decisions amongst others tend to vulgarise as it were all renewable forms of energy. Meanwhile, there has been over the years so much talk and speculation about oil peaking this or that year, that up to recently, scepticism prevailing, everyone went about one’s business fairly insouciant that as put by Javier Blas, writer of the proposed article of Bloomberg; “Some Big Oil executives expect demand for the commodity to shrink faster than anticipated, with dire consequences for Middle East producers.” Would It then matter as and when demand may top out before supply does or is it perhaps the other way around.
Of all the achievements that Dubai could claim to have realised since or after the formation of the United Arab Emirates, is this semi-loony $1 billion project of Dubai’s Largest Indoor Theme Park that is not really such a loony one. It may however seem so at first glance but at a closer look, the city has dramatically changed since dredging of what is called its “creek”, that is a finger of the Gulf sea water coming into the desert shore land. What followed after that is a succession of more and more amazing developments as decidedly helped by the unprecedentedly ginormous inflow of petrodollars and the accompanying expatriates to service them.
It would be interesting to follow up on the current Qatar crisis as intimated in our Qatar crisis impacts on the rest of the MENA region and its direct effect on such a project.
The MENA region is yet again under horrendous pressures not only within the usual northern part of the Middle East and lately in the Gulf area but still in that part of the North African desert. This story is about Libya, a country that has known nothing but unrest and upheaval since its forced change of regime in 2011. More recently a UN report informed that the UAE violated Libya’s arms embargo by secretly supplying the concerned in this article. Would this have any bearing with the outcome as proposed in this article?
Would also this liberation mean reunification and a unique and central authority over the country? Only time can tell but one thing is sure in that all countries surrounding Libya would sight with relief if this is achieved.