When investing money, everyone calculates how profitable that is, either in interest paid from bonds, dividends received from shares or cash flows from a business. But for all these investments to be successful we need energy. So how about energy supply projects: how much energy do they return for the energy invested?
This is the 4th [...]
For the ASPO-USA conference 2009, this interview was done with Sadad-al-Husseini, ex-Saudi Aramco geologist and executive vice president (excerpt)
Question: Assume for the moment that declines in demand have flattened and that we resume modest growth in demand in a year or so. Are there adequate new oil projects in the pipeline to meet rising demand for a [...]
