Tag Archives | oil reserves

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Arctic oil reserves

How thick is the ice cap at the North Pole? Will it melt within our lifetime, or will it take a century? Will its major oil and gas reserves become available for exploitation? These are the questions which may be answered by the Vanco Arctic survey, due to take place between February – June next […]

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TOTAL’s new CEO warns on oil supplies

Christophe de Margerie, the new TOTAL CEO, has burst the bubble of complacency that has surrounded discussion of future oil supply. The ‘business as usual’ forecasts of both the International Energy Agency and the US government assume that the world will be producing c120m bbls/day by 2030. But de Margerie said he wished to ‘speak […]

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