Yet for oil, what’s past is prologue: even with higher prices, both the Energy Information Administration (EIA) and International Energy Agency (IEA) modeling have repeatedly forecast more demand for as far as the eye can see. After all, oil is the world’s most important fuel, supplying 35 percent of all energy used. While the link between economic growth and oil use can be viewed from a variety of perspectives, the two clearly progress in tandem – a long studied link demonstrated in regression modeling and peer-reviewed studies.
November 21st, 2018:
Shell is Wrong: Global Oil Demand Can Only Increase
Shell’s UK gender pay gap narrows to 19 percent
LONDON (Reuters) – Royal Dutch Shell’s (RDSa.AS) female employees in Britain earned on average 18.6 percent less than their male colleagues in 2018, the company said in a report on Wednesday, narrowing the gender pay gap from 2017’s 22.2 percent.
The difference in earnings between men and women has provoked significant anger among many women in recent years and sparked a public debate in Britain over why pay is still so different for men and women.
“We are confident that we pay men and women equally for work of equal value,” the Anglo-Dutch company said in a statement.
Shell exit from Greater Sunrise paves way for Chinese
Shell exit from Greater Sunrise paves way for Chinese
East Timor has bought Shell’s stake in the Greater Sunrise project, giving it a majority share and putting more impetus behind the project’s development
21 November 2018East Timor’s decision to buy out Shell’s stake in the Greater Sunrise fields has revived momentum in the project, which will require billions of dollars of investment, and paves the way for Chinese participation.
Dili agreed on Tuesday to pay $300 million for Shell’s 26.56% stake in the fields, which straddle the Australian and Timorese sea beds. The move follows a recent agreement to buy out ConocoPhillips’ share of the fields.
The Greater Sunrise project was considered to be politically stranded and of negligible…