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Fundamentals of Oil Markets Course Held for KAPSARC in Riyadh

The Fundamentals of Oil Markets was delivered for KAPSARC in Riyadh in September, in a course organised by International Business House*.  The course was held at the world class campus of KAPSARC and WBC’s Angus Warren delivered the 3 day programme to 12 KAPSARC employees.  The group was diverse with participants from Saudi, Jordan, India, Russia and the U.S.  and from a variety of functions including research, editorial, gas, oil, energy efficiency and environmental studies. [Read more…]

Global Warming Survey Results 2013-2014-2015

Over the last 3 years we’ve had over a thousand responses to our surveys on Global Warming, with 376 for the latest, 2015 survey. My thanks to all who responded, and to our friends at The Oil & Gas Yearbook for distributing it to their readers.

The respondent profile has remained largely consistent, though this year we had a few more professional advisers responding. Overall, it seems that people are increasingly aware of what a problem global warming is, but pessimistic about out ability, or willingness, to act.

In response to a new question in 2015, nearly 60% believe that addressing global warming should be a high priority for oil and gas companies – the same number that see it as a high priority for governments.

I would be interested in your views on what this means for E&P management: do they already see it as a high priority, or do they assume it’s a problem to be solved by governments or elsewhere in the industry?

Please share your views on this survey, or on global warming more generally, in the comments area.

I look forward to hearing from you.

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Compared Results of Global Warming Survey 2013-14

474 oil and gas industry insiders completed this survey on global warming in 2014, and 330 did so in 2013.  The compared results make for fascinating reading.  [Read more…]

Climate Change, Planetary Ageing: How Human Activity Must Adapt

A holistic view of man’s impact on the environment, along with long-sighted policies for management are required.  There are many drivers of climate change, some man made, others from elsewhere in nature.  A rigorous understanding of geology could show that nature is the dominant factor, for now.  

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Is Carbon Dioxide Innocent of Global Warming?

The basic assumption of the importance of CO2 in global warming is overstated.  The models assuming that CO2 is the primary driver behind global warming manifestly do not match the observations.


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Climate Change and the Law of Unintended Consequences

Only when policy makers have an understanding of the global economy as a whole will they promote policies that truly combat climate change and create value for global society.


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The Forgotten Sun: Climate Catastrophe is Called Off

Failure to comprehensively examine all the drivers of climate change may produce a falsified fear of a dangerously overheated planet.


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Results of Global Warming Survey

330 oil and gas industry insiders completed this survey on global warming.  The results make for fascinating reading. [Read more…]

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