Tag Archives: Norway

OIL: Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming – New York Times

Nov. 3, 2019 – By Clifford Krause – New Your Times

HOUSTON — A surge of oil production is coming, whether the world needs it or not.
The flood of crude will arrive even as concerns about climate change are growing and worldwide oil demand is slowing. And it is not coming from the usual producers, but from Brazil, Canada, Norway and Guyana — countries that are either not known for oil or whose production has been lackluster in recent years.

This looming new supply may be a key reason Saudi Arabia’s giant oil producer, Aramco, pushed ahead last Sunday with plans for what could be the world’s largest initial stock offering ever.

READ MORE:  Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

Petroleum and crude oil – the future of oil production | DW Documentary Video

Published on Mar 17, 2019  —  [Online until: April 17, 2019]

The market for oil is volatile. The transition from petroleum to renewables is in full swing, and global demand for oil could fall faster than predicted. [Online until: April 17, 2019].

When the price of crude oil tumbled dramatically between 2014 and 2016, it heralded the demise of an economic and geopolitical world order in place since the end of World War II. In the last few decades, fracking technology has turned the US into the world’s largest oil producer. Against that backdrop, the move towards renewable energies and away from fossil resources is making dramatic steps forward. A study published back in September 2012 made headlines by predicting an imminent drop in oil prices.          Continue reading

Canada named world’s most well-respected country by holidaymakers…

Canada named world’s most well-respected country by holidaymakers… but the UK and US fail to crack the top 10

 Toronto Canada

Toronto. Canada

  • Findings included in the Reputation Institute’s Country Reptrak Survey
  • More than 50 nations were ranked by an online panel of over 48,000 people
  • Norway, Sweden, Switzerland and Australia rounded out the top five

Cuba best country in Latin America to be a mother – report

Cuba best country in Latin America to be a mother, says new report

Published on May 11, 2012    – Caribbean News Now

HAVANA, Cuba (ACN) — Cuba has been ranked the number-one country of Latin America to be a mother in a report by the Save the Children, a non-governmental organization based in London.

According to Prensa Latina, the next best countries in the region are Argentina and Uruguay, while those suffering the worst conditions to be a mum are Nicaragua, Honduras and Guatemala, based on the report that evaluates the state of mothers in 165 countries.                Continue reading

Top10 – Most Educated Countries in the World

Top10 – Most Educated Countries in the World

January 31, 2012 – 247wallst.com

In the past 50 years, college graduation rates in developed countries have increased nearly 200%, according to Education at a Glance 2011, a recently published report by the Organisation for Economic Co-operation and Development (OECD). The report shows that while education has improved across the board, it has not improved evenly, with some countries enjoying much greater rates of educational attainment than others. Based on the report, 24/7 Wall St. identified the 10 developed countries with the most educated populations.

The countries with the most highly educated citizens are also some of the wealthiest in the world. The United States, Japan and Canada are on our list and also have among the largest GDPs. Norway and Australia, also featured, have the second and sixth-highest GDPs per capita, respectively. All these countries aggressively invest in education. Continue reading

Rigs to Riches: A lesson for Guyana’s future?

Rigs to Riches: A lesson for Guyana’s future?

What Guyana does with the revenues from oil (and gas) will be important to its short and medium-term social stability and its longer-term economic prospects.

By Sir Ronald Sanders

BRIDGETOWN, Barbados, Thursday September 22, 2011 – Rigs to riches is the story of Norway’s rise from one of Europe’s backwater countries in 1969 to its position as one of the richest nations in Europe today.  How it achieved that status in just over 40 years could be a lesson for Guyana which is now on the brink of major oil exploration, discovery and production.

The Canadian company, CGX Energy, has recently announced that it is seeking to raise US$80 million, most of which will be used to fund its drilling activities within Guyana’s territorial waters.

CGX’s confidence in the possibilities of the Guyana drilling arises from the announcement by oil companies Tullow Oil PLC and Royal Dutch Shell PLC that they have opened up a new hydrocarbon basin offshore French Guiana with the discovery of a good quality oil reservoir from their first wildcat well.

Angus McCoss, Tullow’s exploration director, said the discovery is a “major step” because the geological system offshore Latin America is bigger than that of offshore Ghana.  He added,”There are at least half a dozen more of these Zaedyus type traps adjacent.”    more

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