Oil Reserves

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Oil Reserves - The Myth of An Endless Stream of Oil and Natural Gas Unraveled - A Short Documentary

Duration: 12:20
Updated: 05 Sep 2014
author: FreeDocumentaries

Oil Reserves - The Myth of An Endless Stream of Oil and Natural Gas Unraveled - A Short Documentary This is the Earth as it looked 90 million years ago. Geol...

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10 Countries With The Largest Oil Reserves

Duration: 2:00
Updated: 06 Sep 2014
author: Alltime10s

10 Countries With The Largest Oil Reserves Which country will still be fueled when everyone else has long run dry? Find out by watching 10 countries with the...

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CNN: Global oil reserves

Duration: 2:13
Updated: 30 Aug 2014
author: fotograforebelde

Global oil reserves 2:13 CNN's Guillermo Arduino takes a look at where the world's oil is coming from.

http://wn.com/CNN_Global_oil_reserves

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Saudi oil reserves 'overstated'

Duration: 4:28
Updated: 18 Jul 2014
author: Al Jazeera English

The United States fears Saudi Arabia may not have enough oil reserves to prevent world prices rising sharply, according to cables from its embassy in Riyadh....

http://wn.com/Saudi_oil_reserves_'overstated'

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Evaluating World Oil Reserves: How Much Is Left?, featuring Sadad al-Husseini

Duration: 8:32
Updated: 18 Aug 2014
author: OilEducationTV

Three leading oil industry analysts, Sadad al-Husseini, Colin Campbell, and Jeremy Gilbert, offer their perspectives on how oil quantities are measured, the ...

http://wn.com/Evaluating_World_Oil_Reserves_How_Much_Is_Left?,_featuring_Sadad_al-Husseini

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Inexhaustible Oil & Gas Reserves Around Andaman Trench

Duration: 15:01
Updated: 16 Oct 2014

Innovator Surya Prakash Kapoor has established the fact that India has great potential to produce petrol & gas. How and where, see the video.

http://wn.com/Inexhaustible_Oil_&_Gas_Reserves_Around_Andaman_Trench

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Top 10 Countries With Largest Oil Reserves

Duration: 1:23
Updated: 01 Sep 2014
author: ZestAther

In this video, you will see the Top 10 Countries With World's Largest Oil Reserves. http://youtube.com/user/zestather Leave your comments below. Do subscribe...

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U.S. Oil Reserves Just Doubled

Duration: 18:51
Updated: 30 Jul 2014
author: createandliberate

http://www.angelnexus.com/o/op/24524 Used at 236 drill sites and counting... Visit: http://www.angelnexus.com/o/op/24524 to join.

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15 Countries with the World's Largest Energy Reserves (2014)

Duration: 3:48
Updated: 07 Sep 2014

Category: Countries/Business Sources: BP Statistical Review of World Energy 2014 ** InterInsider** http://www.bp.com/content/dam/bp/pdf/Energy-economics/statistical-review-2014/BP-statistical-review-of-world-energy-2014-full-report.pdf Nigeria: 37.1 billion barrels of proven oil reserves 179.4 trillion cubic feet of proven natural gas reserves ----------------------------------------------------------------------------- Kazakhstan: 30 billion barrels of proven oil reserves 45.7 trillion cubic feet of proven natural gas reserves 33.6 billion tons of proven coal reserves ----------------------------------------------------------------------------- Turkmenistan: 0.6 billion barrels of proven oil reserves 617.3 trillion cubic feet of proven natural gas reserves ----------------------------------------------------------------------------- Australia: 4 billion barrels of proven oil reserves 129.9 trillion cubic feet of proven natural gas reserves 76.4 billion tons of proven coal reserves ----------------------------------------------------------------------------- Kuwait: 101.5 billion barrels of proven oil reserves 63 trillion cubic feet of proven natural gas reserves ----------------------------------------------------------------------------- Qatar: 25.1 billion barrels of proven oil reserves 871.5 trillion cubic feet of proven natural gas reserves ----------------------------------------------------------------------------- United Arab Emirates: 97.8 billion barrels of proven oil reserves 215.1 trillion cubic feet of proven natural gas reserves ----------------------------------------------------------------------------- China: 18.1 billion barrels of proven oil reserves 115.6 trillion cubic feet of proven natural gas reserves 114.5 billion tons of proven coal reserves ----------------------------------------------------------------------------- Iraq: 150 billion barrels of proven oil reserves 126.7 trillion cubic feet of proven natural gas reserves ----------------------------------------------------------------------------- Canada: 174.3 billion barrels of proven oil reserves 71.4 trillion cubic feet of proven natural gas reserves 6.5 billion tons of proven coal reserves ----------------------------------------------------------------------------- United States: 44.2 billion barrels of proven oil reserves 330 trillion cubic feet of proven natural gas reserves 237 billion tons of proven coal reserves ----------------------------------------------------------------------------- Iran: 157 billion barrels of proven oil reserves 1192.9 trillion cubic feet of proven natural gas reserves ----------------------------------------------------------------------------- Saudi Arabia: 265.9 billion barrels of proven oil reserves 290.8 trillion cubic feet of proven natural gas reserves ----------------------------------------------------------------------------- Venezuela: 298.3 billion barrels of proven oil reserves 196.8 trillion cubic feet of proven natural gas reserves 479 million tons of proven coal reserves ----------------------------------------------------------------------------- Russia: 93 billion barrels of proven oil reserves 1103.6 trillion cubic feet of proven natural gas reserves 157 million tons of proven coal reserves ----------------------------------------------------------------------------- * Total value of the country's energy reserves was calculated by using current global prices.The current Brent Crude Oil price on Bloomberg Markets. For natural gas - the average of BP’s 2013 prices for Japan, United States and Germany to accommodate for the diverse world market. And the World Bank’s 2013 trading price for Australian coal which is commonly used as a benchmark for global markets.

http://wn.com/15_Countries_with_the_World's_Largest_Energy_Reserves_(2014)

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America & Alaska's untapped oil reserves: Lindsey Williams - Alex Jones 23/2/11 1/3 Libya Oil

Duration: 14:51
Updated: 14 Apr 2014
author: PlanetEarthAwakens01

Lindsey explains how the elite will double cross the Arabs having promised not to extract the US's oil. He describes the specific regions in America where th...

http://wn.com/America_&_Alaska's_untapped_oil_reserves_Lindsey_Williams_-_Alex_Jones_23_2_11_1_3_Libya_Oil

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Facts of Oil Reserves in Pakistan. World's Biggest Oil Reserve in Pakistan.

Duration: 11:05
Updated: 30 Jun 2014
author: Awais Bhatti

This Program is about PNS Mehran attack but they also tell some facts about oil reserves in Pakistan's Coastal Areas.

http://wn.com/Facts_of_Oil_Reserves_in_Pakistan._World's_Biggest_Oil_Reserve_in_Pakistan.

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Pakistani Coal Reserves Value? (Combine Value of Saudia Arabia + Iran's Oil Reserves)

Duration: 5:40
Updated: 24 May 2014
author: Siasat786

http://www.siasat.pk Full program: http://www.siasat.pk/forum/showthread.php?49615-Capital-Talk-17th-Nov-2010-Imran-Khan-%28Pakistani-Coal-Reserves-%29-MUST-...

http://wn.com/Pakistani_Coal_Reserves_Value?_(Combine_Value_of_Saudia_Arabia_+_Iran's_Oil_Reserves)

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Verleger Says U.S. Shale Gas Rivals Saudi Oil Reserves

Duration: 12:38
Updated: 02 Jul 2014
author: Bloomberg News

March 21 (Bloomberg) -- Philip Verleger, a University of Calgary economist and principal and founder of PK Verleger LLC, an energy and commodity markets cons...

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4 More Strategic Oil Reserves For India

Duration: 1:18
Updated: 13 Sep 2014

4 More Strategic Oil Reserves For India

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WALKING ON OIL - ALBERTA'S OIL SANDS / TV documentary

Duration: 58:00
Updated: 23 Aug 2014
author: C21ETV INC.

Producer/Director/Writer: George Angelescu - www.c21etv.com Narrator: Paul Bouche "Walking on oil - Alberta's oil sands" identifies 10 major energy companies...

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Jordan taps into vast oil shale reserves

Duration: 2:29
Updated: 17 Aug 2014

Jordan's oil shale reserves are one of the richest in the world, but for years investing on exploration did not seem feasible for the country. Previously dependent on Egyptian natural gas, Jordan now plans to focus on its own oil reserves. Al Jazeera's Nisreen Al Shamayleh reports from Al Lajjoun, in southern Jordan. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/

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U.S. Set to Be Largest Oil Producer by 2020

Duration: 5:36
Updated: 31 Aug 2014
author: Wall Street Journal

The U.S. will overtake Saudi Arabia as the world's largest oil producer by 2020 due to a boom in shale oil. How will that impact global energy supplies and g...

http://wn.com/U.S._Set_to_Be_Largest_Oil_Producer_by_2020

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WikiLeaks Posts Show Saudi Arabia Overstated Oil Reserves by 40%

Duration: 3:25
Updated: 07 Aug 2014
author: FoxNewsInsider

FBN's Eric Bolling has worked in the oil sector for 23 years, and this morning he reacted to this WikiLeaks post, saying he "doesn't buy it." Bolling says th...

http://wn.com/WikiLeaks_Posts_Show_Saudi_Arabia_Overstated_Oil_Reserves_by_40_

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U.S. may tap oil reserves

Duration: 2:06
Updated: 30 Jun 2014
author: Reuters

U.S. officials worried skyrocketing gas prices may dent the nascent economy recovery, say the White House is considering a release of oil from the strategic ...

http://wn.com/U.S._may_tap_oil_reserves

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Strategic Oil Reserves

Duration: 3:06
Updated: 18 Mar 2014
author: Big Think

Is it ever in a country's interest to tap into its oil reserves? Question: What are strategic petroleum reserves? Robert Bryce: Sure, the USSPR was created a...

http://wn.com/Strategic_Oil_Reserves

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VENEZUELA'S OIL RESERVES SURPASSES SAUDI ARABIA 7-19-2011

Duration: 0:45
Updated: 02 Sep 2014
author: traynickel

More NEWS at http://www.newzzcafe.com/ The Organization of Petroleum Exporting Countries, OPEC, has certified that Venezuela's oil reserves have surpassed Sa...

http://wn.com/VENEZUELA'S_OIL_RESERVES_SURPASSES_SAUDI_ARABIA_7-19-2011

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The New Way of Calculating Oil Reserves

Duration: 12:51
Updated: 26 Aug 2014
author: Sean Kelly

Initially countries would calculate oil reserves based upon the estimated barrels in the ground. Then the oil industry introduced the "reserves-to-production...

http://wn.com/The_New_Way_of_Calculating_Oil_Reserves

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The Alyona Show: US lying about oil reserves?

Duration: 26:40
Updated: 18 Mar 2014
author: RT

This Alyona Show features a look at how the U.S. has been pressuring the International Energy Agency to lie about global oil production and reserves. Then, w...

http://wn.com/The_Alyona_Show_US_lying_about_oil_reserves?

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Surya Prakash Kapoor on Oil & Gas Reserves around Andaman Trench

Duration: 27:14
Updated: 29 Oct 2014

Independent scientist Surya Prakash Kapoor reveals that India had great potential for petrol and gas production.

http://wn.com/Surya_Prakash_Kapoor_on_Oil_&_Gas_Reserves_around_Andaman_Trench

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Israel: The Next Energy Superpower?

Duration: 49:50
Updated: 08 Apr 2014

A fascinating conversation all about the enormous oil and gas reserves, both onshore and offshore, that have recently been discovered in Israel and the ramifications of that potential energy development upon the geopolitics of Europe and the Middle East. Join us as Israel/ Middle East scholar and entrepreneur Dr. Rafael Boritzer joins us for this unusual discussion with David Day.

http://wn.com/Israel_The_Next_Energy_Superpower?

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HD Historic Stock Footage - Alaska Oil Reserves - Journey To Prudhoe Bay

Duration: 24:48
Updated: 04 Oct 2014

True HD Direct Film Transfers - NO UPCONVERSIONS! http://www.buyoutfootage.com/pages/titles/pd_na_632.html Panning view of Alaska North Slope. Low aerial view of herd of migrating Caribou running across the tundra on the North slope of Alaska. CU of male Caribou. Shows oil drill rig on Alaskan North Slope. Drilling for oil in Alaska. Shows construction and assembly of mammoth modules at Puget Sound that house the oil and gas gathering equipment for the Alaskan oil pipeline (Trans-Alaska Pipeline or Alyeska Pipeline). Modules are loaded on ocean going barges and transported to Prudhoe Bay. Shows ocean going tugboats and barges departing Puget Sound at Seattle-Tacoma Washington. Animated map shows the sea route from Puget Sound to Prudhoe Bay. Shows tugs and barges stranded in ice field off point Barrow. At Prudhoe Bay workers sink pilings into the tundra to support the modules. Panning view of community at Point Barrow. Shows tugboat pulling barge loaded with a module in open sea. Shows unloading of supplies and equipment at Prudhoe Bay. Low aerial view of causeway where modules will be unloaded. Shows modules transported on giant crawlers. At Valdez trucks loaded with giant beams head out for Prudhoe Bay. Shows Coast Guard icebreaker clearing a path for the tugboats and barges off Point Barrow. Shows modules continue to move forward on giant crawlers during an arctic storm at Prudhoe bay. Trucks loaded with supplies leave Fairbanks and cross the Brooks Range of mountain passes that rise to eight thousand feet on way to Prudhoe Bay. Aerial view of truck traveling Dalton Highway (originally known as "Pipeline Road") through Detrick Pass. Low aerial view of Alaskan Pipeline (Trans-Alaska pipeline) that when completed will run from Prudhoe Bay to Valdez. Shows activity at Prudhoe Bay. Pipes are welded inside a mobile welding hut to form a gathering system. Shows helicopter lifting a heating unit and in flight to an ice bound barge. Shows a machine cutting through and removing the thick ice to build a gravel causeway out into the sea to unload the ice bound barges. Shows crane lifting large thick blocks of ice. Shows large truck hauling gravel to extend gravel causeway out into the sea. Please visit our website for more historic archival film titles. http://www.buyoutfootage.com/pages/pd.html Buyout Footage is a leading supplier of public domain and royalty free stock footage for filmmakers, broadcasters, advertising agencies, multi-media and production companies worldwide. Historical Archival Stock Footage in True HD.

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Gas Prices and OPEC, Strategic Oil Reserves, Super PACs, Bill Maher, and Sheldon Adelson (2012)

Duration: 49:43
Updated: 17 Mar 2014
author: The Book Archive

http://thefilmarchive.org/ February 24, 2012 In 2010, a few weeks after the Supreme Court decision in Citizens United, the Court of Appeals for the D.C. Circ...

http://wn.com/Gas_Prices_and_OPEC,_Strategic_Oil_Reserves,_Super_PACs,_Bill_Maher,_and_Sheldon_Adelson_(2012)

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TARIQUE KHAN JAVED DISCUSSING 'THE GREAT GAME AND OIL RESERVES' WITH HASAN MUBEEN QURESHI

Duration: 31:32
Updated: 18 Nov 2013
author: Tarique Khan Javed

' ALL RECENT WARS HAVE BEEN FOUGHT ON OIL' ACCORDING TO HASAN MUBEEN QURESHI A LEADING OIL EXPERT VISITING PAKISTAN. HE POINTED OUT THAT IST WORLD WAR STARTE...

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Oil Reserves, Health Care Insurance Law, Trayvon Martin Case, Nuclear Nations (2012)

Duration: 50:11
Updated: 12 Feb 2014
author: The Book Archive

http://thefilmarchive.org/ March 28, 2012 The Strategic Petroleum Reserve (SPR) is an emergency fuel storage of oil maintained by the United States Departmen...

http://wn.com/Oil_Reserves,_Health_Care_Insurance_Law,_Trayvon_Martin_Case,_Nuclear_Nations_(2012)

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Oil Reserves, Health Care Insurance Law, Trayvon Martin Case, Nuclear Nations (2012)

Duration: 67:14
Updated: 26 Apr 2015

http://thefilmarchive.org/ March 28, 2012 The Strategic Petroleum Reserve (SPR) is an emergency fuel storage of oil maintained by the United States Department of Energy. It is the largest emergency supply in the world with the capacity to hold up to 727 million barrels (115,600,000 m3). The current inventory is displayed on the SPR's website. As of February 29, 2012, the inventory was 695.9 million barrels (110,640,000 m3). This equates to 36 days of oil at current daily US consumption levels of 19.5 million barrels per day (3,100,000 m3/d).[1] At recent market prices ($102 a barrel as of February 2012[2]) the SPR holds over $26.7 billion in sweet crude and approximately $37.7 billion in sour crude (assuming a $15/barrel discount for sulfur content). The total value of the crude in the SPR is approximately $64.5 billion USD. The price paid for the oil is $20.1 billion (an average of $28.42 per barrel).[3] Purchases of crude oil resumed in January 2009 using revenues available from the 2005 Hurricane Katrina emergency sale. The DOE purchased 10,700,000 barrels (1,700,000 m3) at a cost of $553 million.[4] The United States started the petroleum reserve in 1975 after oil supplies were cut off during the 1973-74 oil embargo, to mitigate future temporary supply disruptions. According to the World Factbook,[5] the United States imports a net 12 million barrels (1,900,000 m3) of oil a day (MMbd), so the SPR holds about a 58-day supply. However, the maximum total withdrawal capability from the SPR is only 4.4 million barrels (700,000 m3) per day, making it a 160 + day supply. On November 13, 2001, President George W. Bush announced that the SPR would be filled, saying, "The Strategic Petroleum Reserve is an important element of our Nation's energy security. To maximize long-term protection against oil supply disruptions, I am directing the Secretary of Energy to fill the SPR up to its 700 million barrel [111,000,000 m³] capacity."[4] The highest prior level was reached in 1994 with 592 million barrels (94,100,000 m3). At the time of President Bush's directive, the SPR contained about 545 million barrels (86,600,000 m3). Since the directive in 2001, the capacity of the SPR increased by 27 million barrels (4,300,000 m3) due to natural enlargement of the salt caverns in which the reserves are stored. The Energy Policy Act of 2005 has since directed the Secretary of Energy to fill the SPR to the full 1-billion-barrel (160,000,000 m3) authorized capacity, a proce

http://wn.com/Oil_Reserves,_Health_Care_Insurance_Law,_Trayvon_Martin_Case,_Nuclear_Nations_(2012)

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Silver and Oil Strategic Reserve Price Games

Duration: 22:23
Updated: 15 Aug 2014
author: syyenergy7

Silver and Oil Strategic Reserve Price Games. Obama releases millions of barrels of oil from the strategic oil reserve to supposedly "test the oil markets". ...

http://wn.com/Silver_and_Oil_Strategic_Reserve_Price_Games

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Abdulelah Shaye, Emergency Oil Reserves, Birth Control, SWIFT Financial Service (2012)

Duration: 45:15
Updated: 12 Feb 2014
author: The Book Archive

http://thefilmarchive.org/ March 15, 2012 Abdulelah Haider Shaye or Abd al-Ilah Haydar Al-Sha'i (born c. 1977) is a prominent Yemeni journalist who has gaine...

http://wn.com/Abdulelah_Shaye,_Emergency_Oil_Reserves,_Birth_Control,_SWIFT_Financial_Service_(2012)

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Art Berman- Shale Plays Have Years, Not Decades of Reserves

Duration: 85:30
Updated: 26 Feb 2015

Art Berman talks to HGS about his research into the economics of unconventional plays. He tells the audience that the ultimate reserves of shale oil and gas are limited, and overstated to the general public. Recorded February 23, 2015. Slides from this presentation can be downloaded from http://www.artberman.com/wp-content/uploads/HGS-NA-Presentation-23-Feb-2015.pdf

http://wn.com/Art_Berman-_Shale_Plays_Have_Years,_Not_Decades_of_Reserves

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Dick Bishop Discusses How to Assess World Oil Reserves

Duration: 40:39
Updated: 18 Jul 2013
author: HGSGeoEducation

Dick Bishop, past AAPG President, talks about methods of estimating world oil reserves using graphs.

http://wn.com/Dick_Bishop_Discusses_How_to_Assess_World_Oil_Reserves

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Richard Nehring - Delayed vs Imminent Peakers: Key Questions Regarding Oil Reserves Growth

Duration: 26:44
Updated: 06 Dec 2013
author: ASPOUSA

Richard Nehring - President, Nehring Associates 2007 Peak Oil Conference - Houston, We Have an Opportunity Houston, TX, October 17-20 Association for the Stu...

http://wn.com/Richard_Nehring_-_Delayed_vs_Imminent_Peakers_Key_Questions_Regarding_Oil_Reserves_Growth

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National Geographic | The End of Cheap Oil [Full Documentary] - History Channel

Duration: 80:46
Updated: 23 Sep 2014

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Crude: The Incredible Journey Of Oil

Duration: 89:20
Updated: 19 Jan 2015

It has taken between 50-300 million years to form, and yet we have managed to burn roughly half of all global oil reserves in merely 125 years or so. The world now consumes 85 million barrels of oil per day, or 40,000 gallons per second, and demand is growing exponentially. Oil production in 33 out of 48 out countries has now peaked, including Kuwait, Russia and Mexico. Global oil production is now also approaching an all time peak and can potentially end our Industrial Civilization. The most distinguished and prominent geologists, oil industry experts, energy analysts and organizations all agree that big trouble is brewing. The world is not running out of oil itself, but rather its ability to produce high-quality cheap and economically extractable oil on demand. After more than fifty years of research and analysis on the subject by the most widely respected & rational scientists, it is now clear that the rate at which world oil producers can extract oil is reaching the maximum level possible. This is what is meant by Peak Oil. With great effort and expenditure, the current level of oil production can possibly be maintained for a few more years, but beyond that oil production must begin a permanent & irreversible decline. The Stone Age did not end because of the lack of stones, and the Oil Age won't end because of lack of oil. The issue is lack of further growth, followed by gradual, then steep decline. Dr King Hubbert correctly predicted peaking of USA oil production in the 1970's on this basis. It is now widely acknowledged by the world's leading petroleum geologists that more than 95 percent of all recoverable oil has now been found. We therefore know, within a reasonable degree of certainty, the total amount of oil available to us. Any oil well has roughly the same life cycle where the production rate peaks before it goes into terminal decline. This happens when about half of the oil has been recovered from the well. We have consumed approximately half of the world’s total reserve of about 2.5 trillion barrels of conventional oil in the ground when we started drilling the first well at a current rate of over 30 billion a year, meaning the world is nearing its production plateau. Worldwide discovery of oil peaked in 1964 and has followed a steady decline since. According to industry consultants IHS Energy, 90% of all known reserves are now in production, suggesting that few major discoveries remain to be made. There have been no significant discoveries of new oil since 2002. In 2001 there were 8 large scale discoveries, and in 2002 there were 3 such discoveries. In 2003 there were no large scale discoveries of oil. Given geologists' sophisticated understanding of the characteristics that would indicate a major oil find, is is highly unlikely that any area large enough to be significant has eluded attention and no amount or kind of technology will alter that. Since 1981 we have consumed oil faster than we have found it, and the gap continues to widen. Developing an area such as the Artic National Wildlife Refuge in Alaska has a ten year lead time and would ultimately produce well under 1% of what the world currently consumes (IEA).

http://wn.com/Crude_The_Incredible_Journey_Of_Oil

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Global Oil Reserves Explained Economic Collapse

Duration: 37:43
Updated: 26 Aug 2014
author: Crisis

US ECONOMY FOOD CRISIS: Collapse Of Market & Economy EXPLAINED! FOR MORE ON FOOD CRISIS/ US ECONOMY COLLAPSE/ DOOMSDAY & MORE, SUBSCRIBE To CapitalMonitor In...

http://wn.com/Global_Oil_Reserves_Explained_Economic_Collapse

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Jean Paul Adam talks about Seychelles oil and gas reserves

Duration: 22:48
Updated: 23 May 2014
author: SABC Digital News

Seychelles is said to have vast oil and gas reserves. It is bidding for a non permanent seat at the UN Security Council for 2017 as it views itself as a cham...

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The Crash Course - Chapter 21 - Shale Oil

Duration: 27:37
Updated: 15 Nov 2014

If you've watch the previous video chapter on Peak Cheap Oil, you may be wondering how any of that could be still be true given all the positive recent stories about shale oil and shale gas , many of which have proclaimed that “Peak Oil is dead”. The mainstream press has faithfully repeated every press and PR statement made by the shale producers. And if you simply followed the headlines, you might even believe this about the US: - It is soon going to be energy independent, - Its oil production will surpass even Saudi Arabia putting it in the number one spot,and - The US will even be exporting oil again like the days of old. The only problem with this story is that it is misleading in some very important ways. And entirely false in others. Here are there are five main things to know about the shale plays. 1. They deplete very quickly. The typical shale, or tight rock, well production declines by 80% to 90% within three years. 2. They are expensive. All oil and gas coming form them is several times more expensive than what we got from conventional oil plays. 3. They are environmentally damaging because the fracking fluid is highly toxic and much of it escapes during the blowback process and sometimes water wells are contaminated. 4. Because each well has low flow and depletes quickly, massive numbers of wells must be drilled creating significant infrastructure damage to roads and bridges. Currently no state or municipal authorities are capturing anything close to the total cost of the infrastructure damage from the shale operators which means taxpayers are gong to be left paying those bills. 5. Not all shale plays are created equal – some are vastly superior to others. And even within a given play there are sweet spots and dry holes which can only be determined by punching a well in and seeing what comes out. Some call this the ‘mapping by braille’ approach. When we put all of these together it adds up to a very expensive set of plays that will only last for a very short while. To the extent that mainstream press has been conveying the message that peak oil is dead and that our energy concerns have been laid to rest is the extent to which they have been misleading us. In many ways, the increased crude output from shale plays has bought us some time. We can either use the temporary boost in energy supplies, expensive though they are, to build towards a future when these too eventually run out, or we can use them as an excuse to carry on with business as usual. If we do choose business as usual as our operating strategy - I use that word very loosely – then we will just march straight into the shale oil peak around the year 2020 and be very disappointed with ourselves and our utterly inappropriate transportation infrastructure.

http://wn.com/The_Crash_Course_-_Chapter_21_-_Shale_Oil

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Can This Alaskan Site Hold out against Oil Companies?

Duration: 21:25
Updated: 19 Aug 2014
author: Journeyman Pictures

Alaska Oil (2001): Examining the contentious issue of whether or not to drill for oil in Alaska's Arctic National wildlife Refuge (ANWR) The area in question...

http://wn.com/Can_This_Alaskan_Site_Hold_out_against_Oil_Companies?

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Saudi Arabia and The International Oil Market

Duration: 51:45
Updated: 24 Jun 2014
author: BakerInstitute

September 21, 2005 Foreign Minister of the Kingdom of Saudi Arabia, Prince Saud Al Faisal stresses the need for stability in the Middle East. With more than ...

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Inside Syria - Who controls Syria's oil?

Duration: 25:56
Updated: 17 May 2014
author: Al Jazeera English

With oil reserves divided between government and opposition, we discuss the role of natural resources in Syria's war. Anas al-Abdah, a member of the politica...

http://wn.com/Inside_Syria_-_Who_controls_Syria's_oil?

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"Is there any Oil and Gas in Greece?", "Digital Energy Journal Confer.", Dr. E. Konofagos

Duration: 39:34
Updated: 10 Aug 2014
author: Elias KONOFAGOS

Athens Digital Energy Journal Conference, . Dr. Elias Konofagos, Executive Vice President FLOW Energy S.A., Presentation Title: Expected Oil & Gas Exploratio...

http://wn.com/"Is_there_any_Oil_and_Gas_in_Greece?",_"Digital_Energy_Journal_Confer.",_Dr._E._Konofagos

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Fuel Economy, Oil Production, Subsidies for Gas Companies, al-Qaeda in Afghanistan (2012)

Duration: 73:48
Updated: 26 Apr 2015

March 13, 2012 China became a member of the World Trade Organization (WTO) on 11 December 2001. The admission of China to the ... ZHANG: Fuel pumps continue to dry up in India today. A strike by employees of state-run oil companies is in its third day now. Heres an update on the situation. THE MARKET SHOW WITH TARIQUE KHAN JAVED 4 MAY 2012 ON APPLICABILITY OF CAPITAL GAIN TAX,THE MARKET SHOW WITH TARIQUE KHAN ... United Services Company (USC) is one of leading supplier companies in Afghanistan. USC provide trucks, semi-trailers, trailers, fuel tankers, GAS and LPG ... Iraq has launched a massive programme to repair its export infrastructure to meet its oil demands. With some of the world's biggest oil reserves, the country is ... Fuel Economy, Oil Production, Subsidies for Gas Companies, al-Qaeda in Afghanistan (2012) Fuel Economy, Oil Production, Subsidies for Gas Companies, al-Qaeda in Afghanistan (2012)

http://wn.com/Fuel_Economy,_Oil_Production,_Subsidies_for_Gas_Companies,_al-Qaeda_in_Afghanistan_(2012)

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Oil reserves

Duration: 15:03
Updated: 21 Apr 2015

Kazakhstan has about 250 oil fields, which has the presence of about 5 billion tons of black gold and it is confirmed. A possible, the so-called projected oil reserves in the country is 3 times more than the one we already develop - something around 17 billion tons.

http://wn.com/Oil_reserves

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oil reserves

Duration: 0:49
Updated: 25 Mar 2015

oil reserves in pakistan venezuela oil reserves oil reserves by state opec share of world crude oil reserves 2010 oil reserves oil reserves in the world oil reserves in saudi arabia oil reserves map oil reserves in the world oil reserves in india membres opep 2012 reserve pétrole arabie saoudite

http://wn.com/oil_reserves

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RN Holding OJSC Uvat crude oil and gas reserves - Escada Short-Sleeve Belted Drape

Duration: 0:28
Updated: 16 Apr 2015

http://trends.alibaba.com/markets/Grain_101.html?spm=5386.1180522.1998096292.8.oimGIn&tracelog;=Agriculture-Food-cat

http://wn.com/RN_Holding_OJSC_Uvat_crude_oil_and_gas_reserves_-_Escada_Short-Sleeve_Belted_Drape

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UK oil discovery: 100 billion barrels of oil found near Gatwick airport

Duration: 1:22
Updated: 10 Apr 2015

A UK oil exploration company has said it has discovered oil reserves of up to 100 billion barrels beneath southern England. The discovery was made at Horse Hill near Gatwick airport. It is estimated that the area holds up to 158 million barrels of oil per square mile, the BBC reported. The majority of the oil lies within the Upper Jurassic Kimmeridge formation at a depth of between 2,500ft and 3,000ft. Experts estimate up to 15 percent of the oil reserves could be extracted from the reserve, according to the BBC. "We think we've found a very significant discovery here, probably the largest [onshore in the UK] in the last 30 years, and we think it has national significance," Stephen Sanderson, chief executive of UK Oil & Gas Investments told the BBC. The company said up to 30 percent of the country's oil demand could be produced from the Weald area by 2030, the BBC reported. ------------------------------------------------------------- Welcome to TomoNews, where we animate the most entertaining news on the internets. Come here for an animated look at viral headlines, US news, celebrity gossip, salacious scandals, dumb criminals and much more! Subscribe now for daily news animations that will knock your socks off. Visit our official website for all the latest, uncensored videos: http://us.tomonews.net Check out our Android app: http://bit.ly/1rddhCj Check out our iOS app: http://bit.ly/1gO3z1f Stay connected with us here: Facebook http://www.facebook.com/TomoNewsUS Twitter @tomonewsus http://www.twitter.com/TomoNewsUS Google+ http://plus.google.com/+TomoNewsUS/ Instagram @tomonewsus http://instagram.com/tomonewsus

http://wn.com/UK_oil_discovery_100_billion_barrels_of_oil_found_near_Gatwick_airport

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Art Berman- Shale Plays Have Years, Not Decades of Reserves

Duration: 14:35
Updated: 06 Apr 2015

Art Berman talks to HGS about his research into the economics of unconventional plays. He tells the audience that the ultimate reserves of shale oil and gas are limited, and overstated to the.

http://wn.com/Art_Berman-_Shale_Plays_Have_Years,_Not_Decades_of_Reserves

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Art Berman- Shale Plays Have Years, Not Decades of Reserves

Duration: 119:42
Updated: 04 Apr 2015

Art Berman talks to HGS about his research into the economics of unconventional plays. He tells the audience that the ultimate reserves of shale oil and gas are limited, and overstated to the

http://wn.com/Art_Berman-_Shale_Plays_Have_Years,_Not_Decades_of_Reserves

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Art Berman- Shale Plays Have Years, Not Decades of Reserves

Duration: 85:30
Updated: 03 Apr 2015

Art Berman talks to HGS about his research into the economics of unconventional plays. He tells the audience that the ultimate reserves of shale oil and gas are limited, and overstated to the

http://wn.com/Art_Berman-_Shale_Plays_Have_Years,_Not_Decades_of_Reserves

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Pakistan is now jealous of Saudi Arabia's oil reserves and abusing them

Duration: 1:19
Updated: 06 Apr 2015

http://wn.com/Pakistan_is_now_jealous_of_Saudi_Arabia's_oil_reserves_and_abusing_them

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Global Oil Reserves Explained "Economic Collapse"

Duration: 8:46
Updated: 11 Mar 2015

The world is sleepwalking to a global energy crisis. Senior figures from industry, military and politics explore risks of financial chaos, oil depletion and ... US ECONOMY FOOD CRISIS: Collapse Of Market & Economy EXPLAINED! FOR MORE ON FOOD CRISIS/ US ECONOMY COLLAPSE/ DOOMSDAY & MORE, SUBSCRIBE To CapitalMonitor In... economic collapse economy Economic financial stock market Penny Stock Trading..." 2014Fukushima War America Unemplo... Bailout Depression unemployment econom... Gerald Celente - Economic Collapse - Crisis - Gold Oil Price and More The Industrial Cycle and the Collapse of the Gold Pool in March 1968 Industrial cycles ... Financial Debt Crisis Us Economy Explained Understanding Why There Is No Fix Way Out video Global Oil Reserves Explained "Economic Collapse" Global Oil Reserves Explained "Economic Collapse"

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Gas Prices and OPEC, Strategic Oil Reserves, Super PACs, Bill Maher, and Sheldon Adelson (2012)

Duration: 49:43
Updated: 11 Mar 2015

http://thefilmarchive.org/ February 24, 2012 In 2010, a few weeks after the Supreme Court decision in Citizens United, the Court of Appeals for the D.C. Circuit ruled in SpeechNow.org v. Federal Election Commission that PACs that did not make contributions to candidates, parties, or other PACs could accept unlimited contributions from individuals, unions, and corporations (both for profit and not-for-profit) for the purpose of making independent expenditures. The result of the Citizens United and SpeechNow.org decisions was the rise in 2010 of a new type of political action committee, popularly dubbed the "super PAC". Officially known as "independent-expenditure only committees," Super PACs may not make contributions to candidate campaigns or parties, but may engage in unlimited political spending independently of the campaigns. Also unlike traditional PACs, they can raise funds from corporations, unions and other groups, and from individuals, without legal limits.[6] As noted, Super PACs were made possible by two judicial decisions. First, in January 2010 the U.S. Supreme Court held in Citizens United v. Federal Election Commission that government may not prohibit unions and corporations from making independent expenditure for political purposes. Two months later, in Speechnow.org v. FEC, the Federal Court of Appeals for the D.C. Circuit held that contributions to groups that only make independent expenditures could not be limited in the size and source of contributions to the group.[7] According to Federal Election Commission advisories, Super PACs are not allowed to coordinate directly with candidates or political parties. This is intended to prevent them from operating campaigns that complement or parallel those of the candidates they support or engaging in negotiation that could result in quid pro quo bargaining between donors to the PAC and the candidate or officeholder. However, it is legal for candidates and Super PAC managers to discuss campaign strategy and tactics through the media.[8][9] Super PACs may support particular candidacies. In the 2012 presidential election, super PACs have played a major role, spending more than the candidates' election campaigns in the Republican primaries.[10] As of early April 2012, Restore Our Future—a Super PAC usually described as having been created to help Mitt Romney's presidential campaign—has spent $40 million. Winning Our Future (a pro--Newt Gingrich group) spent $16 million.[6] Super PACs are often

http://wn.com/Gas_Prices_and_OPEC,_Strategic_Oil_Reserves,_Super_PACs,_Bill_Maher,_and_Sheldon_Adelson_(2012)

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Abdulelah Shaye, Emergency Oil Reserves, Birth Control, SWIFT Financial Service (2012)

Duration: 45:15
Updated: 11 Mar 2015

http://thefilmarchive.org/ March 15, 2012 Abdulelah Haider Shaye or Abd al-Ilah Haydar Al-Sha'i (born c. 1977) is a prominent Yemeni journalist who has gained notoriety for his reporting of the December 17, 2009 al-Majalah bombing in Yemen, his interviews with al-Qaeda leaders, and the controversial nature of his arrest and imprisonment in 2011. He has used his relation through marriage with radical Islamic cleric Abdul Majeed al-Zindani to help him gain interview access to Al Qaeda leaders, including the late Yemeni-American Muslim cleric Anwar al-Awlaki.[1] After the al-Majalah bombing, he reported that the site of the bombing was littered with remnants of U.S. Tomahawk missile and cluster munitions, contradicting claims by the government of Yemen that the bombing was their own. This fact—that the U.S. had been responsible rather than the Yemeni air force—was evaded by U.S. Pentagon officials[2] but later confirmed by Amnesty International,[3] The Telegraph newspaper,[4] and a release of secret materials by Wikileaks.[5] He also reported that 21 children and 14 women had been killed in the bombing.[6] In January 2011, Shaye was arrested by the Yemeni government. After 34 days of confinement, he was convicted of "terrorism-related charges" in a trial regarded by Amnesty International, Human Rights Watch, Committee to Protect Journalists, and the International Federation of Journalists as a sham trial and sentenced to 5 years imprisonment.[1][7] After a public outcry from tribal leaders in Yemen over Shaye's imprisonment, Yemeni president Ali Abdullah Saleh was prepared to release Shaye, but he was swayed otherwise by a call from U.S. president Barack Obama on February 2, 2011 citing his "concern" over Shaye's imminent release.[6] [8] [9] Journalist Jeremey Scahill reports that, according to his sources in Yemen, Saleh rescinded his pardon primarily due the call from Obama. Scahill suggests that Yemen's counter-terrorism funding from the United States may have motivated Saleh's cooperation.[10] http://en.wikipedia.org/wiki/Abdulela... The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardised and reliable environment. SWIFT also markets software and services to financial institutions, much of it for use on the SWIFTNet Network, and ISO 9362 bank identifier codes (BICs) are popularly know

http://wn.com/Abdulelah_Shaye,_Emergency_Oil_Reserves,_Birth_Control,_SWIFT_Financial_Service_(2012)

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Worlds Largest Oil Reserves

Duration: 1:01
Updated: 10 Mar 2015

Taking a look at some of the Worlds Largest Oil Reserves. Universe at large looks at some of the biggest things in the universe including, hotels, ships, holes, structures, buildings, aeroplanes, black holes, girls, guys, mushrooms and much more. -------------------- Social Media -------------------- Subscribe : http://full.sc/zwNbJq Vidello on Facebook : http://full.sc/xoIhRJ Vidello on Twitter : http://goo.gl/UdycJX Vidello on Instagram : http://goo.gl/f896dv Vidello on Vine : http://goo.gl/zcBikZ Join EmpireAvenue and Promote free : http://goo.gl/E0m3Yy

http://wn.com/Worlds_Largest_Oil_Reserves

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En Çok Petrol Rezervi Olan 10 Ülke

Duration: 2:41
Updated: 07 Mar 2015

Dünyada En Çok Petrol Rezervi Olan 10 Ülke Countries With The Largest Oil Reserves Dünyanın en fazla petrol rezervine sahip ülkeleri 10) Nijerya Petrol Rezer

http://wn.com/En_Çok_Petrol_Rezervi_Olan_10_Ülke

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Oil majors fail to find reserves to counter falling output

Duration: 5:34
Updated: 08 Feb 2015

[LONDON] Big oil companies had a poor record of finding and producing oil and gas last year, according to figures out in the past week - and big cuts in spending in response to falling crude prices could undermine their plans to turn that around. Four of the world's six biggest oil firms by market value - Royal Dutch Shell, Chevron, BP and ConocoPhillips - released provisional figures showing together they replaced only two-thirds of the hydrocarbons they extracted in 2014 with new reserves. Combined, those four and industry leader Exxon Mobil posted an average drop in oil and gas production of 3.25 per cent last year. All predict their output will increase and new reserves will be added in coming years. But the 2014 results echo longer-term trends. Over the past decade, the biggest Western oil companies have seen reserves growth stall, production drop 15 per cent and profits fall by almost a fifth - even as oil prices almost doubled, a Reuters analysis of corporate filings shows. Analysts and industry executives have blamed the sector's anaemic performance in that period, in part, on companies'approach to spending on new fields and infrastructure, tending to ramp it up when oil prices rise and cut when prices plummet, such as in the late 1990s and after the 2008 financial crisis. The latest collapse has seen prices halve since June. In recent months, the biggest oil groups on both sides of the Atlantic have announced sharp cuts in capital expenditure (capex) out as far as 2017, as they seek to preserve cash to maintain dividends. Investors have largely welcomed the focus on dividends. But some say the cuts could come back to bite the industry. "Capex can't be cut forever. Cuts in capex are only storing up problems for the sector down the road," said Will Riley, fund manager with the Guinness Global Energy Fund, which holds shares in many of the big US and European oil firms.

http://wn.com/Oil_majors_fail_to_find_reserves_to_counter_falling_output

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Top 10 countries by proven oil reserves

Duration: 1:11
Updated: 23 Jan 2015

I created this video with the YouTube Slideshow Creator (http://www.youtube.com/upload)

http://wn.com/Top_10_countries_by_proven_oil_reserves

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Study identifies fossil fuel reserves must stay in the ground

Duration: 5:10
Updated: 08 Jan 2015

A new study by UCL ISR Research Associate Dr Christophe McGlade and Director Prof Paul Ekins shows that a third of oil reserves, half of gas reserves and over 80% of current coal reserves globally should remain in the ground and not be used before 2050 if global warming is to stay below the 2°C target

http://wn.com/Study_identifies_fossil_fuel_reserves_must_stay_in_the_ground

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Contingent Resources vs Reserves - Risk & Uncertainty in Exploration & Production 4/5

Duration: 6:05
Updated: 06 Jan 2015

A company whose principal activities consist of exploration for mineral, oil or gas may not progress to the next stage of development or to a stage where it is able to generate revenue. Other industry specific risks must also be considered. Managing Risk and Uncertainty in Exploration & Production (28 November 2014) This seminar will provide an high level view on the management of risks and uncertainties inherent in exploration & production business. Companies want to reduce risk and increase their Chance of Success ("COS"). Please join our speaker Dr. Satinder Purewal, who has over 30 years’ experience in global exploration & production, including with Shell as Reserves Assurance, authored two chapters of PRMS Application Guidelines (oil & gas reporting code), and is currently Visiting Professor of Petroleum Engineering at Imperial College. Speaker Dr. Satinder Purewal Visiting Professor of Petroleum Engineering, Imperial College, London Director, SVS Oil and Gas Pvt Limited (Singapore) Satinder has 32 years Global E&P; reservoir engineering experience. His last position with Shell was Proved Reserves assurance for the European Region, Global Proved Reserves training. Satinder is Fellow of the Energy Institute (FEI) and Institute of Physics (FInstP), Chartered Engineer (CEng) and a member of SPE and SPEE. Since 2004, he has been Visiting Professor of Petroleum Engineering at Imperial College and has published over 27 papers. He was the committee chair and author of two chapters of PRMS Applications Guidelines. Satinder is the Program Chair of the Annual Technical Conference and Exhibition (ATCE) in Amsterdam in 2014.

http://wn.com/Contingent_Resources_vs_Reserves_-_Risk_&_Uncertainty_in_Exploration_&_Production_4_5

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CNOOC bids for Nexen`s global reserves

Duration: 0:23
Updated: 30 Dec 2014

The state-controlled China National Offshore Oil Corporation is spending more than $15 billion to buy Canadian oil group Nexen, which would be the biggest foreign acquisition by a Chinese company.

http://wn.com/CNOOC_bids_for_Nexen`s_global_reserves

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Lebanon accuses Israel of “stealing” its oil reserves

Duration: 2:24
Updated: 28 Dec 2014

Female Fighters of Kurdistan: https://www.youtube.com/watch?v=CZGTiIgdFIE

http://wn.com/Lebanon_accuses_Israel_of_“stealing”_its_oil_reserves

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Protecting Us Control over the Middle East Oil Reserves

Duration: 6:26
Updated: 25 Dec 2014

Protecting Us Control over the Middle East Oil Reserves Noam Chomsky ℗ 1983 Alternative Radio Released on: 2014-12-16 Music Publisher: Noam Chomsky Auto-generated by YouTube.

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photo: AP / Michael Sohn

File - German Finance Minister Wolfgang Schaeuble, left, and the Finance Minister of Greece, Yanis Varoufakis, right, talk prior to a joint press conference as part of a meeting in Berlin, Germany, Thursday, Feb. 5, 2015.

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Clash of European Titans: Greek Debt and Germany's War Reparations

WorldNews.com

07 May 2015

Article by WN.com Correspondent Dallas Darling. As Greece wrestles with its economic debt and Germany battles over whether it owes wartime reparations to Greece, it appears that between the two European Titans more reasonable and restorative heads might prevail. For its part, Greece maintains that a portion of its debt should be paid with wartime reparations during Germany's Nazi Era and its military occupation ... We are finished ... 83 ... 188.....

photo: AP / Sumeth Panpetch

Thai rescuers carry a dead body to hospital in Songkhla province, southern Thailand, Friday, May 1, 2015. Authorities found an isolated mountain shelter that is believed to be a trafficking camp for ethnic Rohingya Muslims fleeing Myanmar.

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Over 50 Thai police punished over links to human trafficking

Yahoo Daily News

07 May 2015

BANGKOK (Reuters) - More than 50 Thai police officers have been punished over suspected links to human trafficking networks, the police chief said on Thursday, after the prime minister ordered a probe into the discovery of trafficking camps near the Malaysian border. Thirty-two bodies, believed to be migrants from Myanmar and Bangladesh, have been found in shallow graves over the past week in the southern province of Songkhla....

photo: AP / Manu Fernandez

FC Barcelona's Lionel Messi of Argentina reacts after scoring against Arsenal during their Champions League quarterfinal second leg soccer match at the Camp Nou stadium in Barcelona, Spain, Tuesday, April 6, 2010

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Watch Lionel Messi score two amazing goals vs. Bayern Munich [video]

The Los Angeles Times

07 May 2015

Lionel Messi was his usual brilliant self for Barcelona on Wednesday when scoring two incredible goals against visiting Bayern Munich during a 3-0 victory in a Champions League semifinal.lRelated SportsPatriots altered footballs and Tom Brady knew it, NFL report saysSee all related. 8. The outcome, though, was in doubt until late in the game. The first goal was a blast from just outside the 18-yard box in the 77th minute ... 0 ... ....

« back to news headlines

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More natural gas stocks to guarantee energy security

China Daily

08 May 2015

China's proven reserves of natural gas are a much better choice than its oil reserves for ensuring adequate energy supplies in the long term, the Ministry of Land and Resources said on Wednesday. Exploitable resources of natural gas in China were about 38.5 trillion cubic meters by the end of last year, about 1.7 times of the nation's exploitable oil reserves of 20.6 billion metric tons, said ministry officials....

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No experience, no problem: Alberta's NDP rookies scramble to govern

Reuters

08 May 2015

CALGARY, Alberta May 7 (Reuters) - Alberta's new left-leaning government, which sensationally ended the Conservative party's 44-year run in Canada's energy heartland this week, is undertaking a crash course that could be called ... With that, hasty steps are being taken to prepare dozens of new legislators to lead a province that is home to the world's third-biggest proven oil reserves and with an economy bigger than Ireland's ... does ... X. ....

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Cuban Reports of Vast Oil Reserves Fail to Lure US Companies

Big News Network

07 May 2015

HAVANA - Cuba unveiled new data Wednesday that it said confirmed there were billions of barrels of oil beneath its Gulf of Mexico waters but admitted there was little interest in new exploration, ... ....

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Iran oil storage capacity rises with massive new tanks

Press TV

07 May 2015

Iran holds the world's fourth largest proven oil reserves and the second biggest natural gas reserves ... Heavy and extra heavy varieties of crude oil account for roughly 70-100 billion barrels of the total reserves....

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Gazprom and PetroVietnam to drill first deep-water well offshore Vietnam this year (OAO Gazprom)

noodls

07 May 2015

In addition, the meeting touched upon the possible acquisition of a stake in Vietnam's Dung Quat oil refinery by Gazprom and its participation in the refinery upgrade ... The Nagumanovskoye oil, gas and condensate field holds 5.8 billion cubic meters of proven in-place gas reserves, 1,683 thousand tons of recoverable condensate reserves and 960 thousand tons of recoverable oil reserves....

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Nasseri : Chances Available for Investment in Iran Oil Show (NIOC - National Iranian Oil Company)

noodls

07 May 2015

NIOC - National Iranian Oil Company) 2015-05-06T14.43.56+04.30 ... Chances Available for Investment in Iran Oil Show. TEHRAN May 06(NIOC)-Foreign companies beside Iranian companies can find chances for investment in Iran oil and gas ... Iran sits on the world's 4th largest oil reserves and the second largest gas reserves....

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As Iran fair opens, global oil giants weigh return

Dawn

07 May 2015

Iran is expected to outline big oil and gas projects at a major industry event on Wednesday ahead of a possible nuclear deal that could allow global energy giants to return ... Iran has the world’s fourth largest proven oil reserves and the second biggest gas deposits, both of which have long been seen as under-tapped and ripe for exploration and a production hike....

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Iran plans $180 billion energy investment

Press TV

07 May 2015

Minister of Petroleum Bijan Zangeneh says Iran plans to splash out $180 billion to revive and renovate its oil, gas and petrochemical industries by 2022 ... “For Iran, which possesses the third or fourth largest oil reserves of the world, it is unacceptable to export as much oil as Azerbaijan,” the minister added....

Edit

Canada's Conservatives worried after Alberta election

Dayton Daily News

07 May 2015

Voters in the western oil-rich province chose a New Democratic Party government Tuesday ... The Conservatives hold 26 of Alberta's 28 federal seats ... Notely has vowed to raise corporate tax rates and conduct a review of the province's royalty structure to ensure that Albertans are getting a fair return for their oil and gas resources. Alberta has the world's third largest oil reserves, with 170 billion barrels of proven reserves ... ....

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UPDATE 1-Canadian Natural says will work with new Alberta government

Reuters

07 May 2015

The victory came despite NDP promises to increase corporate taxes and review how much the energy industry pays to exploit the province's massive oil reserves, the world's third largest ... The oil and gas industry is a global industry," he said ... Canadian Natural swung to a loss in the first quarter due to sharply lower oil prices even as production rose by nearly a third....

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'Like a morgue': Canada's Conservative party in shock after Alberta election

The Guardian

07 May 2015

Photograph. Todd Korol/Reuters. Associated Press in Toronto ... Voters in the western oil-rich province chose a New Democratic party government ... Related ... Notley has vowed to raise corporate tax rates and conduct a review of the province’s royalty structure to ensure that Albertans are getting a fair return for their oil and gas resources. Alberta has the world’s third-largest oil reserves, with 170bn barrels of proven reserves ... comments ... ....

Edit

Asparagus pesto peps up a plate of pasta

Detroit news

07 May 2015

Kate Lawson, The Detroit News 12.15 a.m. EDT May 7, 2015. (Photo. Kate Lawson / The Detroit News) ... klawson@detroitnews.com ... 1/4 cup extra-virgin olive oil, plus more for topping ... Reserve the water ... Purée and, with the motor running, drizzle in the 1/4 cup of olive oil until a paste forms ... Serve sprinkled with the remaining 1/4 cup toasted pine nuts, a dusting of Parmesan, and a light drizzle of olive oil and reserved asparagus tips. Serves 4....

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Canada’s Land Of Tar Sands Just Elected A Left-Wing Government

Big News Network

07 May 2015

CREDIT. The Canadian Press video screengrab. Something pretty crazy happened in Alberta, Canada, last night. The province, known for its prolific oil reserves and strong ... ....

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