Trends
Kuwait blames taxation
1 December 2000
Back to you Saddam
1 November 2000
It’s a worry
1 November 2000
Delusions of royalty
1 November 2000
Late again
1 October 2000
Opec's September meeting saw the group announcing plans to boost supply by 800,000 barrels a day (b/d) from the start of this month. However, the market has, so far, failed to react to the increase, with prices continuing to rise and, reports David Townsend, it appears that the organisation may once again have acted too late.
And so it goes on
1 October 2000
West versus east
1 October 2000
While demand for gas in western Europe remains strong and is forecast to continue to grow, consumption in the eastern part of the continent is lagging. However, over the longer term, the predictions of a dash for gas in the region are expected to be fulfilled.
One cheer for the new gas trading arrangements
1 September 2000
On 1 October 1999, the new gas trading arrangements (NGTA) for the UK were introduced by the Office of Gas and Electricity Markets (Ofgem). On 21 July 2000, Ofgem published NGTA: a review of the new arrangements and further development of the regime. This is significant from two perspectives: firstly, the UK is at the vanguard of the liberalisation of gas trading in Europe and can provide some signposts as to how that trade may develop; and, new electricity trading arrangements (Neta) are scheduled to be introduced in the UK in November, based on a similar model to NGTA.
Cutting loose from economic growth
1 September 2000
A recent study adds weight to a growing consensus in the industry that the increase in energy use is, at last, relinquishing its connection to economic growth. The data relating to world energy consumption during 1999 shows the evidence of a decoupling, which has become particularly strong in developed countries.
Striking the balance
1 August 2000
Saudi surprise
1 August 2000
Output down in June
1 August 2000
Too little, too late
1 July 2000
No fizzle, even from demonstrators
1 July 2000
THE World Petroleum Congress (WPC) being about little more than networking, expectations that a new direction for the industry might emerge from Calgary 2000 were far from the mark. Representatives from countries with oil potential were there to meet Calgary-based potential investors and vice versa. Canadian delegates made up by far the largest contingent at the WPC; the rest of the world was thinly represented. The host country outnumbered even the US, writes Derek Brower from Calgary.
Here we go again
1 June 2000
Brent bounces back
1 June 2000