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In 2000 a Saudi oil geologist named Sadad I. Al Husseini made a startling discovery. Husseini, then head of exploration and production for the state-owned oil company, Saudi Aramco, had long been skeptical of the oil industry's upbeat forecasts for future production. Since the mid-1990s he had been studying data from the 250 or so major oil fields that produce most of the world's oil. He looked at how much crude remained in each one and how rapidly it was being depleted, then added all the new fields that oil companies hoped to bring on line in coming decades. When he tallied the numbers, Husseini says he realized that many oil experts "were either misreading the global reserves and oil-production data or obfuscating it."

In four years, U.S. gas prices have doubled to more than $3.70 a gallon, and crude oil has tripled to around $125 a barrel. Allowing for inflation, that's higher than prices were during the 1978-83 oil shock that triggered a recession and sky-high interest rates. But . . .

Japan has announced plans to build its first new geothermal power stations in nearly two decades in a bid to tap the nation's domestic energy sources. A string of geothermal power plants are to be developed by a number of firms keen to capitalise on the active volcanic landscape that spans the country, while the government is also currently compiling guidelines supporting the development of such energy sources. Home to 108 active volcanoes - ten per cent of the world's active volcanoes - Japan is in a prime position to tap into underground geothermal energy sources. As a nation with few natural resources, Japan has long been dependent on importing substantial quantities of crude oil and natural gas. The country's renewed focus on geothermal energy marks a desired shift away from its dependency on imported energy sources which has made it susceptible to increasingly volatile prices.

In Latin America, the dynamic trend in energy consumption observed in 2010 (+5.1%) stopped in 2011 (+0.8%), following the sharp slowdown in Brazilian energy consumption (+1.4%, from +10% in 2010). Primary energy increased by 2% (+20 Mtoe, of which +16 Mtoe in Colombia, where crude oil production grew by 18%). In 2011, the energy intensity of the GDP dropped by 3.7% (30% below the world average).

The Oil and Natural Gas Corporation Ltd. (ONGC) is an integrated energy company engaged in the Exploration and Production (E&P) of crude oil and natural gas, and the refining, transportation and marketing of petroleum products, globally. The company is headquartered in Dehradun, in India, and has overseas operations in Vietnam, Russia, Myanmar, Syria, Qatar, Egypt, Cuba, Brazil, Nigeria, Columbia, Sudan, Iraq, Iran and Libya.

Oil rig or oil tanker accidents are behind the worst offshore oil spills in history, including the tragic Deepwater Horizon disaster of 2010. Offshore-technology.com profiles the world's biggest oil spill disasters based on the volume of oil released.

In this small region of Nigeria known as the "south-south," something huge is happening. The adverse effects of oil exploration have been unfolding in the Niger Delta for the past 50 years. Now, the people have had enough. From environmental activism to peaceful protest to stakeholder dialogs, nothing has worked. A new brand of militancy has emerged in a different kind of attempt to call attention to the desperate poverty and injustice.