Log In   |  Register Free Newsletter Subscription
Skip navigation
Zibb
Subscribe to Purchasing
RSS
Reprints/License
Print
Email
Average Rating:
  • (0)
    Rate this:
  • IEA: New Oilfields Needed

    By Purchasing Staff -- Purchasing, 12/11/2008 2:00:00 AM

    Declining production from aging oilfields poses a much greater threat to world oil supply than rising demand, according to the International Energy Agency. The IEA says "a sea change is underway (as) international oil companies are facing dwindling opportunities to increase their reserves and production." The Paris-based intergovernmental group calculates that as much as 45 million barrels/day of gross capacity will need to be built by 2030 "just to offset the effect of expected oilfield decline."

    Average Rating:
  • (0)
    Rate this:
  • RSS
    Reprints/License
    Print
    Email
    Talkback
    Reed Business Information Resource Center

    Featured Company


    Most Recent Resources

    Advertisement
    Sponsored Links
    More Content
    • Blogs
    • Featured Video

    Sorry, no blogs are active for this topic.

    VIEW ALL BLOGS RSS

    Advertisement
    BizConnect160x160
    BizConnect160x160
    NEWSLETTERS
    Price & Supply Alert
    The Midday Business Report
    Electronics Distribution & Global Sourcing
    IdeaFile
    Supplier Web Locator



    Please read our Privacy Policy

    About Us   |   Advertising Info   |   Site Map   |   Contact Us   |   FREE Subscription   |   Affiliate Links   |   RSS
    © 2009 Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
    Use of this Web site is subject to its Terms of Use | Privacy Policy
    Please visit these other Reed Business sites