Turns out, the meltdowns were actually much worse than it previously admitted, says the most despised corporation of Japan.
It’s not a pretty sight.
As the world’s biggest net importer of crude, China is in a vulnerable position: utterly dependent on oil imports, at a time when its economy is beginning to wobble.
Natural gas consumption in the US could soar by 19% to 31% over the next five years due to a wave of planned industrial projects. But what would that do to the price?
Steal less, invest more, run a fair game, and sell off the pipeline system that Moscow is using to keep Ukraine in line — energy experts at a forum in Kiev.
Gazprom’s mega-deal with China sent shockwaves around the world. But Gazprom might not be able to honor the deal if shale reserves are not tapped soon. And that might not happen because capitalism à la russe is a harsh mistress.
Executive Report, ISA Intel: OPEC’s 2nd largest producer has the 5th largest reserves in the world and is one of the last places with enormous amounts of underexplored low-cost oil.
By Nick Cunningham: OPEC’s second largest oil producer, Iraq, is in severe disarray just as the world has come to rely on its oil for greater energy supplies.
US oil production surged 64% since 2008, natural gas production 42% since 2005 – driven by the shale revolution. BP and Exxon saw the US as energy self-sufficient in 20 years. But three major red flags should curb this unfettered enthusiasm.
Executive Report with ISA Intel: Slashing the smoke-and-mirrors hype of the Monterey shale by 96% socked not only oil companies but also the state of California that was dreaming of $24.6 billion a year in revenues and 2.8 million jobs, now dissipated into thin air.