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Petroleum Intelligence Weekly back issues
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Opec is cutting but targets are still fuzzy.
January 5, 2009... With the oil price below $40 per barrel and their backs against the wall, Opec producers are looking serious about curbing output to prevent oil stocks from building further amid falling demand. A number of Opec members last week announced additional export cuts to make good on their promise...
Oil markets braced for a choppy 2009.
January 5, 2009... Oil prices took the world by surprise in 2008, both through the speed with which they rose and the speed with which they fell. A flood of investment capital, a weak US dollar, and the economic strength of China and other non-OECD countries conspired to drive benchmark Nymex crude futures to...
Downturn could mean less cash for renewables.
January 5, 2009... The bleak global economic outlook and the plunge in oil prices pose a major threat to short-term investment prospects for renewable energy projects, and in particular the commitment of the traditional oil majors to renewable energy technology. With capital budgets under pressure, renewables...
Delta, reform top Nigeria's to-do list.
January 5, 2009... As the new year begins, a number of issues are facing the Nigerian oil industry. The first is whether President Umaru Yar'Adua will make any progress with much-needed oil sector reforms and reduce attacks on oil installations in the turbulent Niger Delta. The second is whether the government...
Tests ahead for Asia's new deepwater plays.
January 5, 2009... Upstream budgets may be under pressure, but the really big wells targeting the Asia-Pacific region's next generation of promising deepwater plays are already locked in for 2009. As most of Asia's frontier deepwater basins are relatively untested in comparison with the deepwaters of West...