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ASIA, AUSTRALIA, BP STATISTICAL REVIEW, SOUTH EAST ASIA, VIETNAM
Peak oil in Asia Update June 2020 (part 3) Fig 22: The peak of the largest producer China determined the Asian peak From the countries in Fig 22 the 3rd and 4th largest oil importers are Thailand and Indonesia with approximately 1 mb/d each. Fig 23: Thailand is the 3rd largest net importer in Asia […]
Peak oil in Asia: where will the oil come from for the Asian Century?
Peak oil in Asia: where will the oil come from for the Asian Century? Asian oil production peaked above 8 mb/d for the period between 2008 and 2016 (with spikes in 2010 and 2015). The 2015 peak was mainly caused by peak oil in China. Since then Asia’s decline was almost 800 kb/d or 9%. […]
Persian Gulf oil export peak after tanker attacks?
Persian Gulf oil export peak after tanker attacks? Tankers holed and burning in the Gulf of Oman are not a good sign for future oil exports from the Persian Gulf. Oil exports from the Persian Gulf have been peaking in the last 3 years 2016-2018 at around 22.3 mb/d. That was before the US sanctions […]
Have investors lost interest in “clean energy”?
Have investors lost interest in “clean energy”? Before 2011 global investment in clean energy (wind, solar, biomass, biofuels etc.) grew rapidly. Then in and around 2011 many governments abandoned renewables subsidies in favor of capacity auctions, and growth in global clean energy investment ceased. Investment in North and South America has not increased since 2007 […]
Peak oil in Latin America
Peak oil in Latin America This post is using mainly BP’s Statistical Review published in June 2017. Although these statistics put Mexico under North America, it is included here and added to South and Central America’s data at the end of this article. We start with 2 big oil suppliers: Brazil and Venezuela. Fig 1: […]
Australia’s oil stock coverage on record low
Australia’s oil stock coverage on record low In prime time evening news of the Australian public broadcaster ABC TV, on 21 June 2017, the business presenter Alan Kohler tried to explain a fall in oil prices by “record oil inventories around the world” http://www.abc.net.au/news/business/kohler-report/ Well, let’s go around the world on a map and stay […]
Australia’s oil stock coverage on record low
Australia’s oil stock coverage on record low In prime time evening news of the Australian public broadcaster ABC TV, on 21 June 2017, the business presenter Alan Kohler tried to explain a fall in oil prices by “record oil inventories around the world” http://www.abc.net.au/news/business/kohler-report/ Well, let’s go around the world on a map and stay […]
Peak Oil in Asia (part 1)
Peak Oil in Asia (part 1) According to data recently published in BP’s 2016 Statistical Review Asian oil production remained at around 8.3 mb/d for 4 years now. Fig 1: Asian oil production We see the dominance of China (52% of total). The peak for all other Asian countries together was already in 2000, 15 years ago, […]
This Is Why The U.S May Actually Not Be The No.1 Oil Producer
This Is Why The U.S May Actually Not Be The No.1 Oil Producer According to the recently-released BP (NYSE: BP) Statistical Review of World Energy 2014, the U.S. was the world’s largest and most diverse energy producer in 2014. The Statistical Review ranked the U.S.: #1 in oil production #1 in natural gas production #1 in nuclear power […]
Asia depends on Middle East for 66 % of its oil imports
Asia depends on Middle East for 66 % of its oil imports This post uses data from the inter area oil movement section of the BP Statistical Review published in June 2015. It is a continuation of an earlier post on Asian oil consumption and production Global trade and Asia’s share Total global oil trade […]
Asia’s oil consumption at record high while production peaked in 2010
Asia’s oil consumption at record high while production peaked in 2010 The annual BP Statistical Review has come out, as usual in June. In this post we focus on the Asia Pacific region. This is important because the Australian government has offered the help of “Team Australia” to build the “Asian Century”. The question no one […]
