Category / Current Oil, Gas and Science Articles

  • This is the first of a series of articles in which I hope to outline the case for a new perspective on energy, and energy economics. In this instalment, we look at the role of LNG (liquefied natural gas). Because no analysis is complete without considering historical events, I will attempt to shape the paradigm […]

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  • Under the pressure of delayed oil field projects and an expected bounce of demand in a post-COVID19 world, oil prices have only one way to go from here – and that is up! Historically, the lowering of the price of crude oil resulted in increased consumption of gasoline and diesel and a fall in investments […]

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  • by Robert Ekstein – April 2020 The world could have started a unified reduction of greenhouse gases in the late 1980s but here’s how the actions of a small number of radicals has steered us away from direct action. In this regard, direct action means measures to prevent the venting of greenhouse gases into the […]

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  • Oil Gas Gasoline Diesel and Energy Markets

    March 29, 2019 - Nom Geo

    Reservoir to Bowser 4

    Markets Adding to my previous article (http://is-this-just-business-as-usual-in-the-oil-patch ) explaining that the energy patch is now in a “business as usual” mode, oil and gas prices remained relatively stable to reach US$67.82 per barrel for Brent crude while West Texas Intermediate was at US$59.30 per barrel. Happily for producers in Alberta, Western Canadian Select closed the […]

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  • FPSO for Pre Salt Campos Basin

    February 24, 2019 - Nom Geo

    Brazil’s Presalt Oil Revolution

    It is hard to think of any area in our society, especially by those of us in the energy and petroleum patch, that hasn’t undergone big changes since 2000. Am I right or am I wrong? Back in the year 2000 the idea of reaching ultra-deep reservoirs laying below thick salt-layers offshore Brazil was for […]

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  • Oil Markets Worldwide

    February 21, 2019 - Nom Geo

    Reservoir to Bowser 3

    This morning I bought petrol (or gasoline if you like) for the family car, an economical Kia, for AUD$1.45 per litre, much higher than the AUD$1.09/L being charged back in mid-January when an oil glut was expected to keep prices of Brent and West Texas Intermediate (WTI) under $60 and $54 per barrel, respectively. While […]

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  • Oil Field Pump

    February 6, 2019 - Nom Geo

    Reservoir to Bowser 2

    February 7th, 2019 Markets Energy markets are moving sideways but are largely steady. Brent and WTI are at $62.69 and $53.66 per barrel levels respectively as of today, slightly up from last week. The Western Canadian Select crude is currently holding around $44 per barrel which will be relief to producers in Alberta. Alberta’s state […]

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  • January 31, 2019 - Nom Geo

    Understanding Oil Company Announcements

    This is the first of a series of Oil Company Announcements series where we can geek out on what it all means. If you like to comment or receive notifications, please use the subscribe link all the way at the bottom of this article. The Pre-drill announcement You will find today any number of news […]

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  • January 30, 2019 - Nom Geo

    Reservoir to Bowser 1

    January 30th 2019 Markets The looming Brexit, and the record US government shutdown may be weighing on global markets which have been lacklustre over January. Brent oil has been level at $61 per barrel and West Texas Intermediate (WTI) at $52 per barrel. Both are around $8 per barrel higher than the lowest levels experienced […]

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  • Looking for a science field trip near Sydney? Interested in becoming an Earth Science Detective? Earth science is the observation and study of the four spheres. What are the four spheres? I’ll list them at the bottom of this blog. Would yo like to interpret local geology, rocks, soils, landforms such as rivers, beaches and […]

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