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How much is 2 Trillion Barrels of Oil..
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How much is 2 Trillion Barrels of Oil..

  #11 (permalink)
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How oil prices will permanently cap economic growth: Jeff Rubin

How oil prices will permanently cap economic growth: Jeff Rubin | Energy | News | Financial Post

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Visualizing Peak Oil: Hype, Hope, Boom, Or Bust

Goldman's Michele Della Vigna: Since the start of this oil price cycle in 2000, peak oil theories have become increasingly popular, due to lack of credible new sources of crude oil. Over the past five years, however, the industry has opened up two new credible sources of future supply: the ultra-deepwater and the “oil shales”. We believe that these new sources of oil will be comparable in scale to the opening up of the North Sea and Mexico in the 1970s and will lead to a meaningful reduction in oil prices, alongside a change in the balance of power of the oil and gas industry. This is why we call it a revolution. However, the technical complexity of these developments and the tightness of the oil services supply chain are likely to delay the impact of these new projects by several years, sustaining a tight oil market.

Visualizing Peak Oil: Hype, Hope, Boom, Or Bust | ZeroHedge

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  #13 (permalink)
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Edwards Says Cnooc’s Nexen Bid Will Probably Be Approved

Cnooc Ltd. (883)’s $15.1 billion bid for Calgary-based Nexen Inc. (NXY) will probably be approved by the Canadian government, Canadian Natural Resources Ltd. (CNQ) Chairman N. Murray Edwards said.
Speaking at a conference in Ottawa, Edwards said Cnooc will have to decide if any conditions that the Canadian government may place on the deal would be acceptable.

Edwards Says Cnooc?s Nexen Bid Will Probably Be Approved - Bloomberg

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Romney Pitches Keystone As Key To Energy Plan

Republican presidential hopeful Mitt Romney says he has a plan to make the U.S. energy independent by 2020, and repeated his belief that the Keystone XL pipeline is central to achieving that.

Romney pitches Keystone as key to energy plan - Business - CBC News

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Romney’s China holdings criticised

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. Romney’s China holdings criticised - FT.com

Mitt Romney’s trust invested in Cnooc at a time when the US was growing concerned about the Chinese oil company’s multibillion-dollar dealings with Tehran, according to the 2011 tax return released by the Republican nominee for president.

Romney’s China holdings criticised - FT.com

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Companies That Want To Do Business With China Are Facing This Frustrating Hurdle

State-owned Chinese oil company CNOOC is trying to merge with Calgary-based Nexen, and it's facing political hurdles in both Canada and the United States.
Nearly seven out of ten Canadians opposed the deal in a recent poll, adding pressure for the government to reject it.


Read more: Opposition to CNOOC Nexen Merger - Business Insider

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Story: A refiner awaits Keystone boom

Story: A refiner awaits Keystone boom | Keystone Highway

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