Stories tagged with "fatih birol"

A Speech by Fatih Birol on IEA Report, Financial Crisis, Coal, Depletion, etc.

Here is a recent talk given by Fatih Birol to the Council of Foreign Relations:

Peak Oil Media IEA 2008 WEO Edition

The 2008 World Energy Outlook recently released by the International Energy Agency (IEA) continues to garner comments. The Energy Bulletin pointed to a video of George Monbiot interviewing Fatih Birol, the Chief Economist for the IEA, on the 2008 WEO. Monbiot asks some rather pointed question about why the outlook presented this year is so much more dire than last year. He asks for an apology. Next is an audio roundtable with host Jim Puplava interviewing Matt Simmons and Robert Hirsch. Topics include the 2008 WEO as well as the current financial malaise and its implications for oil production and prices. Direct links to these are below the fold.

Fatih Birol Presents the IEA World Energy Outlook 2007

On 5th December 2007 Fatih Birol, Chief Economist and Head of the Economic Analysis Division of the International Energy Agency (IEA) gave a presentation in London at the Shell Centre, hosted by the British Institute of Energy Economics (BIEE). Mike Pepler attended the meeting and took the following notes (his personal comments are in italics):

Introduction

·         We are on the eve of a new world energy order.

·         On the supply side, we have oil production outside the core OPEC countries reaching a peak, which is not good news for the International Oil Companies (IOCs). The National Oil Companies (NOCs) will determine future oil supply.

·         On the demand side, China and India are transforming global energy markets through their sheer size and rate of economic growth.

·         Between now and 2030, China and India will account for 70% of new global oil demand, and 80% of new coal demand.

IEA: without Iraqi oil, we'll be in deep trouble by 2015

In a stunning interview for the French (reference) daily Le Monde, Fatih Birol, the chief economist of the International Energy Agency (i.e. the intergovernmental body created after the oil shocks of the 70s to coordinate the West's reaction to energy crises) effectively says that peak oil is just around the corner, and that without Iraqi oil, we'll be in deep trouble by 2015:

Si la production n'augmente pas en Irak de manière exponentielle d'ici à 2015, nous avons un très gros problème, même si l'Arabie saoudite respecte ses engagements. Les chiffres sont très simples, il n'y a pas besoin d'être un expert. If Iraqi production does not rise exponentially by 2015, we have a very big problem, even if Saudi Arabia fulfills all its promises. The numbers are very simple, there's no need to be an expert

And as long as the US occupies Iraq, production will not increase... Houston, we have a problem...