Energy companies
<p>There's a war going on that you know nothing about between a coalition of great powers and a small insurgent movement. It's a secret war being waged in the shadows while you go about your everyday life.</p>
<p><a href="http://www.energybulletin.net/stories/2012-11-19/frack-fight">read more</a></p>
<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ODAC.thumbnail.JPG" alt="" title="" class="image image-thumbnail" width="100" height="45" /></span>BP took a gamble this week, entering into partnership with the Russian state backed energy company Rosneft.
<p>On October 21, 2012, the New York Times published an article delving in depth into the relationships between large Wall Street investment banks and shale gas operators. The article is outstanding but so much more needs to be said.</p>
<p><a href="http://www.energybulletin.net/stories/2012-10-25/financial-co-dependency-how-wall-street-has-kept-shale-gas-alive">read more</a></p>
<p>An analysis of Leonardo Maugeri's optimistic forecasts on oil production, which have been trumpeted in the media. </p>
<p>Jean Laherrère, a retired petroleum engineer, worked 37 years for TOTAL on exploration and production of oil and gas.</p>
<p><a href="http://www.energybulletin.net/stories/2012-10-16/comments-maugeris-oil-revolution-part-ii">read more</a></p>
<p>-U.S. Plunge in Gas Drilling Means $1 Billion Lost Profit<br />
-Germany Balks on Natural Gas Bonanza<br />
-Shale Gas Industry Brings PSYOPs and Spy Ops to Poland<br />
-Shale gas report rules out moratorium<br />
-Collectively Photographing Fracking</p>
<p><a href="http://www.energybulletin.net/stories/2012-10-15/shale-gas-oct-15">read more</a></p>
<p>-'Hundreds of problems' at EU nuclear plants<br />
-Nuclear fusion – your time has come<br />
-So Far Unfruitful, Fusion Project Faces a Frugal Congress<br />
-Japan Minister Says Nationalization Needed to Phase Out Nuclear<br />
-Triple blow hits UK nuclear revival</p>
<p><a href="http://www.energybulletin.net/stories/2012-10-03/nuclear-oct-3">read more</a></p>
<p><span class="inline inline-left"><img src="http://energybulletin.net/sites/default/files/images/fig01AlicerunningwithTheRedQueen.thumbnail.png" alt="" title="" class="image image-thumbnail" width="100" height="76" /></span>In this post I present the results from an in depth time series analysis from wells producing crude oil (and small volumes of natural gas) from the Bakken (Bakken, Sanish, T
<p>-Fracking: Boom or Doom<br />
-Deepening Doubts About Fracked Shale Gas Wells' Long Term Prospects<br />
-Gazprom Rethinks Shale as European Gas Prices Sink<br />
-Britain's bosses back shale gas to cut imports<br />
-Fracking banned by Quebec government</p>
<p><a href="http://www.energybulletin.net/stories/2012-09-21/shale-gas-sept-21">read more</a></p>
<p>We've known for a long time about basic polar amplification. Warming melts highly reflective white ice and snow, which is replaced by the dark blue sea or dark land, both of which absorb far more sunlight and hence far more solar energy.
<p>An update is warranted to address comments from friends and followers - comments such as "Gee, I guess Peak Oil has been postponed?", or "I guess we don't have to worry about Peak Oil anymore!" Often they have a smile on their face ...</p>
<p>Under the Securities and Exchange Commission’s (SEC) new rule for oil and gas, companies have been allowed much greater freedom to book reserves. On the surface, there is a good argument to be made for expanding the definition of allowable booked reserves. But in practice, this may have opened the door to false valuations of shale assets.</p>
<p>Has OPEC misled us about the size of its oil reserves? The short answer is probably. The long answer is that currently, there is no way to know for sure.</p>
<p>The next question we should ask is: Does it matter? The answer is most definitely yes.</p>
<p><a href="http://www.energybulletin.net/stories/2012-09-09/has-opec-misled-us-about-size-its-oil-reserves-does-it-matter">read more</a></p>
<p>The USGS recently released new EUR numbers for all shale gas plays in the country and the numbers were significantly lower than operator claims. Interestingly, this same phenomenon is playing out in shale oil as well.</p>
<p><a href="http://www.energybulletin.net/stories/2012-09-06/shale-oil-reserves-questioned-too">read more</a></p>
<p>Starting next week longtime <i>Energy Bulletin</i> author Kurt Cobb will have his posts regularly featured in <i>The Christian Science Monitor</i> on its new "Energy Voices" blog. The highly respected <i>Monitor</i> has a century-long tradition of reasoned, thoughtful journalism which has earned it seven Pulitzer Prizes and many other awards.
<p>This is a guest post by Sadad al-Huseini, now a petroleum consultant and formerly executive vice president of Saudi Aramco for exploration and production, and is a response to the recent article in PIW (Petroleum Intelligence Weekly) by Leonardo Maugeri on his new study Oil: the Next Revolution, challenging his optimism about future oil supplies.</p>
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