Energy Efficiency

Although most countries supplying oil and gas imply they have great reserves, there are several signs that Peak Oil and for that matter Peak Gas is of concern; add to that the fact that revenue is down from the sale of oil and all countries exporting these resources are finding it hard to make ends [...]

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Qatar, the world’s largest producer of liquefied natural gas, is diverting supplies destined for the U.S. and Europe to China because the Asian country pays more, Qatar’s oil minister said today.
A supply agreement this month between Qatar and China “is a diversion” from Europe and the U.S., “not new production”, Abdullah bin Hamad al-Attiyah told [...]

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