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Peak Oil in the News
Peak Oil News Monday November 27th 2006




(AFX UK Focus) 2006-11-27 02:08 GMT: Kazakhstan's Kashagan oil field peak output 25 pct higher than forecast- report(AFX UK Focus) 2006-11-27 02:08 GMT: Kazakhstan's Kashagan oil field peak output 25 pct higher than forecast- report
(Interactive Investor: Mon, 27 Nov) BEIJING (XFN-ASIA) - Peak production at Kazakhstan's Kashagan oil field is now seen at 1.5 mln barrels a day, exceeding forecasts by some 25 pct, the Financial Times reported, citing international companies developing the field.


Crude Oil Rises on Report Saudi Arabia May Support OPEC CutCrude Oil Rises on Report Saudi Arabia May Support OPEC Cut
(Bloomberg.com: Mon, 27 Nov) Nov. 27 (Bloomberg) - Crude oil rose in New York after Saudi Arabia's Oil Minister Ali al-Naimi said in a newspaper interview that his country may support a second output cut in two months as peak winter demand approaches.


Oil Rises Above $60 on Report Saudi Arabia May Support OPEC CutOil Rises Above $60 on Report Saudi Arabia May Support OPEC Cut
(Bloomberg.com: Mon, 27 Nov) Nov. 27 (Bloomberg) - Crude oil rose above $60 a barrel on a report Saudi Arabia may support a second OPEC output cut in two months as peak U.S. winter demand approaches.


Oil Rises Above $60 on Report Saudi Arabia May Support OPEC CutOil Rises Above $60 on Report Saudi Arabia May Support OPEC Cut
(Bloomberg.com: Mon, 27 Nov) Nov. 27 (Bloomberg) - Crude oil rose above $60 a barrel after Saudi Arabia's Oil Minister Ali al-Naimi said in a newspaper interview that his country may support a second output cut in two months as peak winter oil demand approaches.



World Population

Oil Rises Above $60 on Signs OPEC May Cut Output a Second TimeOil Rises Above $60 on Signs OPEC May Cut Output a Second Time
(Bloomberg.com: Mon, 27 Nov) Nov. 27 (Bloomberg) - Crude oil in New York rose above $60 a barrel on signs OPEC may cut production for the second time in two months as peak U.S. winter demand approaches.


Caspian oil field to produce 25% moreCaspian oil field to produce 25% more
(Financial Times: Sun, 26 Nov) Kazakhstan's giant Kashagan oil field will produce 25 per cent more oil than expected once it hits peak production, international companies developing the field have found.


Peak oil output said to be decades awayPeak oil output said to be decades away
(San Jose Mercury News: Fri, 24 Nov) Far from being a nearly exhausted resource, the world's oil reserves are three times bigger than what some popular estimates state, and peak global oil production is still about a quarter-century away, according to a new study by Pulitzer Prize-winning oil historian Daniel Yergin.


Oil nears $60 on Saudi cut talkOil nears $60 on Saudi cut talk
(CNN Money: Mon, 27 Nov) Saudi oil minister discusses further production cuts at Dec. 14 OPEC meeting.


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