Falling global oil reserves: Pricing blip or panic alarm? — Fuel for Thought
For years global oil majors have brushed off speculation that an imminent peak in global oil reserves spells the beginning of the end of the hydrocarbon age. There is a long-term trend of new oil finds...
View ArticleThe case of Nigeria’s OPL 245: What’s the deal for oil majors?
The long-running saga over control of Nigeria’s OPL 245, believed to be the biggest source of untapped oil reserves on the African continent, has again come to the fore, with oil majors Shell and Eni...
View ArticleVenezuela’s oil reserves kick into reverse: Fuel for Thought
Venezuela’s claim of being home to the world’s largest oil reserves based on its massive Orinoco heavy oil belt has been the subject of industry skepticism for years. The South American producer...
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