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"Peak Oil" impacting Norwegian and Saudi 2013 production? - MINING.com

"Peak Oil" impacting Norwegian and Saudi 2013 production? - MINING.com | Sustain Our Earth | Scoop.it
Stephane Bilodeau's curator insight, January 26, 11:22 AM

"This combines with some sobering news from the EIA, which notes in its country field on Saudi Arabia, “One challenge the Saudis face in achieving their strategic vision to add production capacity is that their existing fields experience 6 to 8 percent annual decline rates on average in existing fields, meaning that the country needs around 700,000 bpd in additional capacity each year just to compensate for natural decline. Decline estimates for Saudi Arabia vary widely, however.


The Ministry of Petroleum maintains that decline rates in Saudi Arabia are around 2 percent annually. Saudi Aramco has stated that it will also conduct additional drilling at currently producing fields in order to help compensate for the natural declines from the mature fields."

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UN: Privatizing food and agricultural aid is dangerous. Obama's Africa Plan Is Wrong

December 11, 2012 Humanosphere
The UN’s Special Rapporteur on the Right to Food, Olivier de Schutter, examines the Obama Administration’s New Alliance for Food Security and Nutrition, a project aimed at boosting food production in the developing world. De Schutter notes that one example of the new initiative’s approach is to have Cargill launch a large-scale project on 40,000 acres of farmland in Mozambique — which may increase crop yields but also potentially displace many poor smallholder farmers.

“The very factors that make Africa a target for agricultural development aid also make it a promising land market for multinational investors. But opportunities should not be mistaken for solutions. Problems can arise when private companies take a central role in aid programmes.”


UNITED NATIONS: Why are GM crops not the solution? VIDEO http://www.scoop.it/t/agriculture-gmos-pesticides/p/1228040300/united-nations-why-are-gm-crops-not-the-solution

AFRICA - SOLD: Obama Puts Big 6 Chemical GMO Giants In Charge -- of "Ending Hunger" -- in Africa http://www.scoop.it/t/agriculture-gmos-pesticides/p/1837261743/africa-sold-obama-puts-big-6-chemical-gmo-giants-in-charge-of-ending-hunger-in-africa

The Corporate Take-Over of African Food Security http://www.scoop.it/t/agriculture-gmos-pesticides/p/3404411443/the-corporate-take-over-of-african-food-security

Who Owns Nature? Corporate Power and the Final Frontier in the Commodification of Life http://www.scoop.it/t/agriculture-gmos-pesticides/p/2299601530/who-owns-nature-corporate-power-and-the-final-frontier-in-the-commodification-of-life
Via pdjmoo
pdjmoo's curator insight, December 11, 2012 10:22 PM

Opportunities should not be mistaken for solutions.  "Investment" implies a financial return and often control.  "Philanthropy" and "Aid" should not be attached to profits but rather to empower and uplift populations into self independence in line with their regional ecosystems, cultural food and needs without coercion or hidden agendas by those acting as a trojan horse for big foreign business and corporate interests e.g. The Gates Foundation