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Global Oil Reserves News

BP's Russian defeat a market victory - Asia Times
MOSCOW - If anyone needed convincing, the paper that BP, formerly known as British Petroleum, signed on Thursday with Mikhail Fridman and his Russian shareholding partners proves that defying the law of gravity is unlikely to succeed for long; even ...

Big oil sands: In remote northern Alberta, bitumen industry is booming
all but 6 billion of them from oil sands - Canada ranks second only to Saudi Arabia in global oil reserves. The United States ranks 11th, after Nigeria. And the estimate for Canada is only of the oil economically recoverable with existing technology.

Saudi Arabia experiences robust growth
play a key role in the stability of the international oil market, accounting for 22 per cent of global oil reserves and around two-thirds of global spare production capacity 2 million barrels per day.Investments of around $90 billion over the next few

ExxonMobil rakes in record (The Columbus Dispatch)
HOUSTON -- ExxonMobil reported the fattest operating profit in U.S. corporate history yesterday but took a beating anyway -- from politicians railing against Big Oil, drivers bleeding cash at the pump and investors who expected more.

Kuwait PM: high oil prices unjustified, worrisome
supply by around 500,000 barrels per day. Kuwait, a core Gulf Arab producer with about a tenth of global oil reserves, had boosted its petroleum output to 2.8 million barrels per day in July to help cool runaway oil prices.

Macroeconomist on high gas costs - Baltimore Sun
Editor's note: Assistant professor Dr. Kevin McIntyre teaches macroeconomics at McDaniel College. He specializes in gas prices, financial markets and monetary policy. Michele, Columbia: I read that we may have already used up half of the oil that ...

Iran talks up future gas role - AME Info
The $16bn deal involves $6bn of investment in developing offshore facilities and $10bn on onshore fields over the next 25 years. It comes at a time when Tehran is striving to counter US efforts to curtail traditional western investment in the country ...

Arabs shy to invest in US markets
million barrels a-day, or about 20 per cent of world supplies, and hold 45 per cent of proven global oil reserves. The GCC states are holding global investments worth $1.5 trillion run by their sovereign wealth funds (SWFs). In a recent write-up, Henry

Kuwait News (Arab Times)
KUWAIT CITY : Kuwaiti authorities are currently taking the necessary precautionary measures in preparation for a possible armed conflict in the region due to disputes over Iran?s nuclear program, reliable sources told the Arab Times.

Kuwait says Iran nuclear dispute hurts neighbours (Reuters via Yahoo! India News)
KUWAIT (Reuters) - U.S.-allied Kuwait urged Iran on Saturday to resolve tensions with the West over its nuclear programme, saying the dispute undermined the interests of Gulf states with which it shares a vital oil export route.



More Results For Global Oil Reserves

Meet Your Soulmate
Oil reserves - Wikipedia, the free encyclopedia
http://en.wikipedia.org/wiki/Oil_reserves
Retrieved on 2008-04-17. ^ " Oil Reserves". BP Global (2008). Retrieved on 2008-04-17. ^ David F. Morehouse (1997). "The Intricate Puzzle of Oil and Gas Reserves Growth" (PDF).
Fri, 18 Jul 2008 12:44:00 GMT


China's oil reserve build-up adds more fuel to oil prices ...
http://www.marketwatch.com/news/story/chinas-oil-reserve-build-up-adds/story.aspx?guid=%7BBA07A1FB%2D2A01%2D484B%2D852C%2D948CD491D7F7%7D
China's oil reserve build-up adds to global demand It plans a stockpile equivalent to 30 days' worth of imports by 2010
Fri, 03 Oct 2008 20:31:00 GMT


Oil reserves | Statistical Review 2008 | BP
http://www.bp.com/sectiongenericarticle.do?categoryId=9023769&contentId=7044915
Data in the proved oil reserves section ... BP Global Reports and publications Statistical Review of World Energy 2008 Review by energy type Oil Oil reserves
Sat, 04 Oct 2008 04:52:00 GMT


Global oil reserves underestimate has profound environmental ...
http://www.rsc.org/AboutUs/News/PressReleases/2006/OilReserves.asp
The June issue of the authoritative journal Petroleum Review will publish an article by Royal Society of Chemistry chief executive, Richard Pike - a career petrochemicals industry ...
Sat, 04 Oct 2008 02:43:00 GMT


PEN-L message, Global oil reserves up only 1% last year, and that ...
http://archives.econ.utah.edu/archives/pen-l/2007w35/msg00142.htm
To: PEN-L@xxxxxxxxxxxxxxxx; Subject: Global oil reserves up only 1% last year, and that increase due solely to Canada's oil sands; From: The Buffalo In Da' Midst < the.buffalo.in ...
Mon, 30 Jun 2008 23:42:00 GMT


New study raises doubts about Saudi oil reserves
http://www.iags.org/n0331043.htm
Energy Security: New study raises doubts about Saudi oil reserves ... To meet global demand for oil, Saudi Arabia will need to produce 13.6 million barrels a day ...
Thu, 07 Aug 2008 23:47:00 GMT


PIW Survey: Oil Reserves Are Not Rising
http://www.energyintel.com/print_me.asp?document_id=199949
Global Oil Reserves: An Interactive Web Seminar Presentation The Energy Intelligence Global Oil Reserves webinar on May 15, 2007 offered some insights and commentary on the ...
Tue, 30 Sep 2008 10:26:00 GMT


BP Global - Reports and publications - Oil reserves
http://www.bp.com/sectiongenericarticle.do?categoryId=9017902&contentId=7033474
Data in the proved oil reserves section includes a time series of crude oil reserves, R/P ratios by country, distribution of proved reserves and proved oil reserves for 1984,1994 ...
Mon, 09 Jun 2008 01:49:00 GMT


The Oil Drum | A Simpler Way to Calculate Global Oil Reserves?
http://www.theoildrum.com/story/2006/9/13/121414/045
editor's note, by Prof. Goose] This is a guest post by Roland Watson, who publishes an investment newsletter based on Peak Oil and other events that will impact the global economy.
Fri, 03 Oct 2008 10:37:00 GMT


Extent of global oil reserves a matter of some dispute / Saudis ...
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2005/08/21/BUG93EANVS1.DTL
Article:Extent of global oil reserves a matter of some dispute :/c/a/2005/08/21/BUG93EANVS1.DTL
Tue, 19 Aug 2008 06:58:00 GMT


Oil in Iraq - UN Security Council - Global Policy Forum - Oil in Iraq
http://www.globalpolicy.org/security/oil/irqindx.htm
Iran has negotiated lucrative energy contracts with Iraq, whilst the US spends US$1 billion a week in fuel costs to secure Iraq’s oil reserves. China and Russia project global ...
Sat, 04 Oct 2008 02:07:00 GMT


BP: World oil and gas reserves still growing at healthy pace | Energy ...
http://www.energybulletin.net/node/761
Additionally, global oil reserves have increased almost continuously over the past 30 years, BP officials said. World reserves now represent 41 years of production at current rates
Fri, 26 Sep 2008 21:29:00 GMT


Global strategic petroleum reserves - Wikipedia, the free encyclopedia
http://en.wikipedia.org/wiki/Global_strategic_petroleum_reserves
Global strategic petroleum reserves ("GSPR") refer to crude oil inventories (or stockpiles) held by the government of a particular country, as well as private industry, for the ...
Thu, 12 Jun 2008 04:44:00 GMT


BBC NEWS | Business | Global oil industry in figures
http://news.bbc.co.uk/2/hi/business/7090664.stm
Snapshot of the global oil industry ... the biggest player in oil. The region dwarfs the rest of the world, when it comes to reserves, ensuring its prominence on the global ...
Sun, 05 Oct 2008 10:20:00 GMT


The Coming Global Oil Crisis
http://www.oilcrisis.com/
The Coming Global Oil Crisis Home Page ... Without imports, the USA 's domestic oil reserves would be exhausted in three years at the ...
Tue, 30 Sep 2008 19:51:00 GMT


Future of Oil
http://www.iags.org/futureofoil.html
Projecting 2001 production levels, by 2020 83% of global oil reserves will be controlled by Middle Eastern regimes.
Wed, 01 Oct 2008 03:30:00 GMT


6th Annual Global Reserves Summit 2008
http://globalreservessummit.com
6th Annual Global Reserves Summit 2008 ... You are here: Global Homepage > Europe > Oil & Gas IQ > 6th Annual Global Reserves Summit 2008 > Benefits of ...
Thu, 25 Sep 2008 22:28:00 GMT


Apache Corporation > Topic Report: Access to Global Oil & Gas Reserves
http://www.apachecorp.com/explore/explore%5Ffeatures/browse%5Farchives/View%5FArticle/?docdoc=306
Apache Corporation is a global exploration and production company operating in the United States, Canada, the United Kingdom North Sea, Egypt, Australia and Argentina. Our mission ...
Sun, 28 Sep 2008 09:10:00 GMT


Analyst fears global oil crisis in three years | Business ...
http://www.guardian.co.uk/business/2005/apr/26/environment.oilandpetrol
One of the world's leading energy analysts yesterday called for an independent assessment of global oil reserves because he believed that Middle Eastern countries may have far less ...
Sat, 04 Oct 2008 01:39:00 GMT


Map - Global Oil Reserves-to-Production Ratios, 2004
http://earthtrends.wri.org/text/energy-resources/map-505.html
Analytical Overview: Oil production data are collected from government sources, such as national statistical offices, and published data. BP plc compiled the oil reserves estimates ...
Sun, 28 Sep 2008 09:31:00 GMT