TITLE

Big Oil's looming bubble

AUTHOR(S)
LEGGETT, JEREMY
PUB. DATE
November 2014
SOURCE
New Internationalist;Nov2014, Issue 477, p20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article suggests that the investing in the oil industry is starting to appear like a waste of money. Topics covered include the decline in oil production despite the increase in investments of oil companies on new sources of oil and the percentage of oil reserves that will be unusable in order for the world to stay below the three degrees Celsius of global warming.
ACCESSION #
98909330

 

Related Articles

  • The Political Economy of Oil Production in Latin America. MANZANO, OSMEL; MONALDI, FRANCISCO // Economia;Fall2008, Vol. 9 Issue 1, p59 

    The article provides a political economy rationale for the divergent evolution of the oil and gas sector in Latin America. It examines the cycles of investment and expropriation in the sector, particularly the region's difficulties in capturing the oil rents and the tendency of governments to...

  • Your last big play in OIL. Teitelbaum, Richard S.; Barlyn, Suzanne // Fortune;10/30/1995, Vol. 132 Issue 9, p88 

    States that some billionaires are betting that oil will become the next huge investment opportunity. Information on investors who are leading the way in oil investment; Information on the experience of various investors who have invested in the oil industry; Explanation on why big investors are...

  • Deepwater Projects Drive Marketplace, Industry Set for E&P Challenges. Pagano, Susanne // Sea Technology;Jan2014, Vol. 55 Issue 1, p35 

    The article focuses on developments related to deepwater oil and gas projects as of January 2014. Topics highlighted include energy companies' expansion of their exploration operations due to high prices of petroleum in 2013, exploration and production (E&P) companies' investments in programs to...

  • Oil And Gas Outlook: Long-Term Forecasts.  // United Kingdom Oil & Gas Report;Q2 2011, Issue 2, p92 

    The article presents the Business Monitor International (BMI) Ltd.'s long-term outlook for the oil and gas industries worldwide as of the second quarter of 2011. It notes that the oil demand trend is foreseen for the 2015-2020 period, which reflects on the drive towards energy conservatism and...

  • Tripoli unveils $7bn upstream programme.  // MEED: Middle East Economic Digest;9/8/2006, Vol. 50 Issue 36, p16 

    The article reports on an upstream programme aimed at doubling Libya's oil production by 2020 and boosting proven reserves by 50 percent unveiled by the National Oil Corp. Under the 10-year plan, Tripoli will offer international oil companies more than 110 30-year exploration and production...

  • Chapter 15: Crude prices and crude reserves.  // Battle for Barrels;2007, p145 

    Chapter 15 of the book "The Battle for Barrels: Peak Oil Myths & World Oil Futures," is presented. It discusses the impact on the rise of oil prices towards oil reserves and the burdens it offer to oil companies worldwide. It also higlights the challenges facing companies with the anticipated...

  • The End of Oil.  // Multinational Monitor;Jan/Feb2007, Vol. 28 Issue 1, p6 

    The author offers views on the strange coincidence that the world is running out of oil just as discarding oil as an energy source has become a global imperative. He believes that the end of cheap and abundant oil offers no easy relief from the perils of global warming, even as it threatens...

  • International Oil Markets.  // Economic Trends (07482922);Mar2003, p8 

    Focuses on the condition of the international oil markets. Percentage of crude oil reserves and supply; Trends in oil production; Increase in oil prices.

  • Industry Forecast Scenario.  // UAE Oil & Gas Report;Q3 2011, Issue 3, p33 

    The article presents a forecast for the oil and gas industries in the United Arab Emirates for the third quarter of 2011. Proven oil reserves in the region are expected to decrease to 92.4 billion barrels (bbl) over the period to 2015. Oil supply and demand is estimated to be sustainable at 2.69...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics