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President of Mexico nationalizes lithium

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is to nationalize lithium so that it cannot be exploited by foreigners from Russia, China or the United States. Oil and lithium belong to the nation, they belong to the people of Mexico, to you, to all those who live in this region of Sonora, to all Mexicans. World leaders Bolivia, Argentina and Chile hold 21Mt, 19Mt and 9.8Mt.

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$67 Oil Has All The Majors Converging in Argentina

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Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. per million Btu (MMBtu).

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New EIA report boosts estimates of global recoverable shale oil resources 10-fold to 345 billion barrels

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Map of basins with assessed shale oil and shale gas formations, as of May 2013. Among the highlights in the 2013 report is a 10-fold increase in the estimate of technically recoverable shale / tight oil from 32 billion barrels (from the EIA’s Annual Energy Outlook 2011 ) to 345 billion barrels. Source: US EIA. Click to enlarge.

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EIA forecasts growing liquid fuels production in Brazil, Canada, and China through 2023

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According to EIA’s June 2022 Short-Term Energy Outlook (STEO), petroleum production in the combined non-OPEC countries, excluding the Unites States and Russia, will increase by 3% (0.9 Canada’s growth in crude oil and natural gas production during 2022 and 2023 is driven primarily by expanding oil sands and debottlenecking projects.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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The size of the market contraction in Russia is the biggest wild card facing vehicle manufacturers across the European continent, if not the world, in 2015 and 2016.” Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015. As a result, IHS Automotive is expecting 2015 sales in Argentina of roughly 500,000 units.

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EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

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Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). oil shale), and refinery gain. OPEC oil producers are the largest source of additional liquid fuel supply between 2010 and 2040.

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Opinion: Busting The “Canadian Bakken” Myth

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The financial pages of Canadian newspapers have been full of headlines lately announcing the potential of two large shale oil fields in the Northwest Territories said to contain enough oil to rival the Bakken Formation of North Dakota and Montana. billion barrels. enthused the Financial Post.

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