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Peak Oil in the News
Peak Oil News Monday January 22nd 2007




Brazil's Gas and Oil Reserves DeclineBrazil's Gas and Oil Reserves Decline
(AP via Yahoo! Finance: Mon, 15 Jan) Brazil's gas and oil reserves edged down slightly in 2006, the state-run oil firm Petroleo Brasileiro SA, or Petrobras, said in a release.


NRP Completes Buy Of 92 Million Tons Of Coal ReservesNRP Completes Buy Of 92 Million Tons Of Coal Reserves
(Logistics Management: Tue, 16 Jan) Natural Resource Partners said Tuesday it completed its purchase of 92 million tons of coal reserves from Dingess-Rum Properties. The deal also included nearly 34,000 acres of surface and timber.


Amazon pipelines face major hurdlesAmazon pipelines face major hurdles
(International Herald Tribune: Sun, 21 Jan) Brazil's state-controlled oil company seeks to avoid environmental and political challenges in building a network of pipelines to access oil and natural gas reserves deep inside the Amazon region.


Bush Expected to Make Call for Improved Fuel EconomyBush Expected to Make Call for Improved Fuel Economy
(New York Times: Mon, 22 Jan) One idea said to be under consideration is to do away with the existing system of fleet averages and set a standard for each vehicle.



World Population

Law could help modernize Iraq oil sectorLaw could help modernize Iraq oil sector
(AP via Yahoo! News: Sun, 21 Jan) A new draft hydrocarbons law will pave the way for "transparent and fair" competition in bids to develop Iraq's oil wealth, the oil minister said Sunday as he sought to restore the confidence of foreign investors.


Czech Republic taps reserves after oil supply knocked-out by high windsin UkraineCzech Republic taps reserves after oil supply knocked-out by high windsin Ukraine
(Interfax: Fri, 19 Jan) PRAGUE. JANUARY 19. INTERFAX CENTRAL EUROPE - The Czech Republic has tapped into its oil reserves to make up for a halt in supplies along the Druzhba pipeline, caused by gale force winds knocking out a pumping station in Ukraine, spokesperson for Czech oil pipeline operator Mero, Renata Fialova, told Interfax Friday.


Petsec targets US gas and oil reservesPetsec targets US gas and oil reserves
(News Interactive: Mon, 15 Jan) ASX300 energy company Petsec will drill on the US mainland in a bid to double its gas and oil reserves.


Observers may watch Turkmen electionsObservers may watch Turkmen elections
(AP via Yahoo! News: Sun, 21 Jan) Turkmenistan's foreign minister said international observers will be allowed to monitor next month's presidential elections, state television reported Sunday.


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