Oil prices have risen so dramatically so far this year that it might be hard to recall that, in addition to the special conditions caused by the Ukrainian conflict, prices have been rising for over a year and a half. And we really do not need to remind anyone that higher prices are good for key indicators like netback.
A recent New York Times (NYT) article quoted Anthony Leiserowitz, the director of the Yale Program on Climate Change Communication calling the phrase “energy transition”, a “floating signifier”, going on to define this as “a blank term that you can fill with your own preferred definition.” Since MinEnergia talks about energy transition a lot and it seems to define current policy, this seems to be an important discussion.
BP recently published its annual Energy Outlook, its long-term forecasts of major energy-related variables. Among the major points is the oil major’s view of peak oil demand and peak gas demand.
I am just back from a major technology conference and I happened to read a Thomson Reuters study about downstream and technology. These got me thinking about the role of technology in “greening” the industry.
There was more excitement than expected on Sunday night but the eventual outcome was that predicted by pundits if not polls. Gustavo Petro garnered by far the largest number of votes but voting patterns had important implications for how the presidential elections might turn out.
There has been a flurry of fracking articles lately, mostly negative one way or another so I started wondering about what they were trying to accomplish.
As this was being finalized on Sunday morning, February 27th 2022, Russian troops had entered the Ukraine’s second largest city but Kyiv, the capital, had still not fallen. By the time you read this, the situation will no doubt be different.
Colombian E&Ps have published their strategy and investment documents for 2022 and many of them are looking beyond Colombia for growth, including Ecopetrol. Is this normal diversification or cause for concern?
Last week the Analyst was in a meeting which touched on energy transition and he illustrated the challenge with some off-the-cuff statistics about converting the North American rail fleet. After the call, he checked his math which was fairly good but only because he got both components wrong in opposite directions.
Sunday morning and a blank page. I checked my list of pending topics. I looked over what we published in the past week. I put on my cleanest dirty shirt. I sacrificed a chicken – ok an egg – in the hope of attracting the muses. Nothing.
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