A bonus for Saddam? Oil

Article Abstract:

Western oil companies are hopeful that the United Nations will lift economic sanctions on Iraq, at least temporarily, so they can take advantage of Iraq's huge undeveloped oil reserves. There are concerns though that the lifting of sanctions could destabilize the world's oil market.

International aspects, Sanctions (International law), Petroleum reserves, Natural resources, Iraq

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Sunset for the oil business?

Article Abstract:

Some geologists, including the members of the Oil Depletion Analysis Centre, believe that the world will soon start to run out of oil. They believe that the global peak in oil output will occur in the next 10 years, but mainstream thinking says the peak is still decades away.

OIL AND GAS EXTRACTION, Oil & Gas Extraction, Production management, Forecasts and trends, Supply and demand, Gas industry, Petroleum mining, Oil Depletion Analysis Centre

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The wealth effect

Article Abstract:

The impact of petroleum wealth on Aberdeen, Scotland, and the city's relations with the rest of Britain are examined in detail.

Economic aspects, Scotland, Aberdeen, Scotland

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