The Blogtimely commentary and analysis on the state of energy

Dec

12

New Oil Discoveries Fading As Costs Skyrocket

By Deborah Lawrence (formerly Deborah Rogers) Global economic growth and expansion will not be possible if we rely on hydrocarbons only. In fact, the contraction of global growth rates since about 2006 are directly correlated to the higher cost of hydrocarbon extraction which has occurred since that time. It is also of note to realize […]

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Dec

09

Huge CAPEX in Oil and Gas Has Not Paid Off

By Deborah Lawrence (formerly Deborah Rogers)   Corporations display impressive photographs in annual reports of drilling rigs in deep water, oil sands extraction in remote regions or aerial shots of mega projects such as the Kashagan field. Such projects were necessary because the low hanging fruit of conventional, easy to reach hydrocarbons has been exhausted. […]

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Dec

08

Decarbonization Not Only Problem For Oil Majors

At the UN Climate talks in Lima, proposals have been put forward which would call into question the viability of oil Majors like Exxon and Shell due to decarbonization of the global economy in order to deal with climate change. But that is not the only thing that might bring about a change at these […]

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