Pandreco energy advisory

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As a 30 year veteran of the energy industry specializing in Energy Security and Energy Economics, Dr. Richard Norris has some unique insights, views and opinions about current global developments across engineering research, oil and gas operations.

The Asymmetry of OPEC

The Asymmetry of OPEC

If OPEC+ can't cap prices by increasing production, only demand destruction can. This weeks climate angst headlines were dominated by an investigation from The Guardian that oil and gas companies are planning on developing oil and gas fields… GASP, The Horror! This is...

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It’s A Small World After All

It’s A Small World After All

Cheap travel has shrunk the planet and expanded our horizons, that could all change. On the 1st of April 1957 the BBC ran a spoof documentary about the Ticino spaghetti harvest – where the pasta was hand-picked from trees. A prank that worked because pasta was...

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Kafka On The Offshore

Kafka On The Offshore

Magical Realism or a Cunning Plan ? UPDATED: having found an error in my numbers - on the % increase of wind (overall a 2x from today not a 4.5x as per the original form of this article - the 4.5x is the planned increase in the offshore wind capacity) - herewith a...

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Everything But The Kitchen Sink

Everything But The Kitchen Sink

Of side-effects of medicine, fossil-fuel subsidies and willful blindness Antibiotics are really scary. Oh boy, they should be banned! They are just plain bad for you - I mean check it out? Indigestion, Vomiting, Diarrhoea, Bloating or feeling full, Loss of appetite,...

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Grid Fragility: Public Enemy No.1

Grid Fragility: Public Enemy No.1

Nature teaches beasts to know their friends* In art imitating life, there is a wonderful irony that the music entitled “What You Gonna Do When The Grid Goes Down?” is performed by Public Enemy. A grid failure would indeed be Public Enemy No.1. As someone whose career...

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Food for Thought

Food for Thought

The everything price apocalypse will not be felt evenly This morning gas priced in European spot market at the equivalent of $600/barrel. Oil briefly touched $139/barrel and in less than a week petrol prices at the pump have jumped 30%. Gas and Oil and are now front...

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Every Blessing Ignored …

Every Blessing Ignored …

Canada's global role in Energy Security Canada is blessed with abundant natural resources, Europe has hardly any. Europe was until yesterday obsessed with carbon emissions and is now learning the hard way about the importance of energy security, food security and...

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RECENT POSTS

Influencers – The Kardashians (don’t) do Energy

I like to join the dots…  working on deals, advising on policy – but mostly just learning and learning.  When it comes to Energy, Economics and Society I hope I have had some original thoughts, but mostly it is using OPW*  as building blocks.  Squinting at the world,...

Never Mind The B*ll*cks, Here’s The Merchants of Boom

Fame, social status, fortune - and consequences for the rest of us. Eight years ago, someone quite influential postulated that the world would be running 100% on solar energy “by 2030”.   I didn’t believe it then, and I’m not holding my breath now with eight years to...

The Asymmetry of OPEC

If OPEC+ can't cap prices by increasing production, only demand destruction can. This weeks climate angst headlines were dominated by an investigation from The Guardian that oil and gas companies are planning on developing oil and gas fields… GASP, The Horror! This is...

Brilliant Minds, Sub-Optimal Outcomes in Investing.

Ignore Oil and Gas at Everyone's Peril I published the following article on LinkedIn back in January 2020 - and am republishing it now given how much the world has changed. The current inflation in consumer prices and crash of the equity markets was not unimaginable....

It’s A Small World After All

Cheap travel has shrunk the planet and expanded our horizons, that could all change. On the 1st of April 1957 the BBC ran a spoof documentary about the Ticino spaghetti harvest – where the pasta was hand-picked from trees. A prank that worked because pasta was...

Kafka On The Offshore

Magical Realism or a Cunning Plan ? UPDATED: having found an error in my numbers - on the % increase of wind (overall a 2x from today not a 4.5x as per the original form of this article - the 4.5x is the planned increase in the offshore wind capacity) - herewith a...

Everything But The Kitchen Sink

Of side-effects of medicine, fossil-fuel subsidies and willful blindness Antibiotics are really scary. Oh boy, they should be banned! They are just plain bad for you - I mean check it out? Indigestion, Vomiting, Diarrhoea, Bloating or feeling full, Loss of appetite,...

Grid Fragility: Public Enemy No.1

Nature teaches beasts to know their friends* In art imitating life, there is a wonderful irony that the music entitled “What You Gonna Do When The Grid Goes Down?” is performed by Public Enemy. A grid failure would indeed be Public Enemy No.1. As someone whose career...

Slings And Arrows Of Outrageous Fortune

Protesting against fossil fuels may make one feel virtuous, but the consequences will be felt for a generation Last summer in France, over a very agreeable dinner on a warm summer evening, a good friend said he read my posts on Linkedin and he wondered why I was “so...

Food for Thought

The everything price apocalypse will not be felt evenly This morning gas priced in European spot market at the equivalent of $600/barrel. Oil briefly touched $139/barrel and in less than a week petrol prices at the pump have jumped 30%. Gas and Oil and are now front...

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