Firm oil prices give energy financing a lift
1 June 2000
Since the recent recovery in oil prices, the prospects for Middle East oil producing economies have improved sharply. This has translated into a steady volume of energy financing, with several high-profile projects set to close major financing packages in 2000.
The civil engineer of co-operation
1 May 2000
In the first quarter of 1985, Robert Mabro appeared as an expert witness before the government select committee hearings into the heavy losses incurred by the British National Oil Corporation, the UK state oil company.
That should help a bit
1 May 2000
Opec’s attempt in March to restore world oil prices to more comfortable levels for consumers appears to have worked, for now, as prices establish themselves in the range the organisation said was its target. But, despite claims of a new era of co-operation and stability, the Vienna meeting was prey to political in-fighting. At the same time, concerns over demand and extra output mean the market appears set for more price volatility.
A minus B
1 April 2000
Time to welcome FortBrent
1 March 2000
Merging the selling arrangements for the two main UK North Sea crudes will secure the UK’s key role in international price setting.
Awaiting Opec’s next move
1 February 2000
OECD to the rescue
1 February 2000
Garbage in ... garbage out
1 February 2000
Most energy companies have invested heavily over the last few years in IT systems to support their trading activity, but despite this automation, many companies are unaware that incorrect data are a constant Achilles’ heel, writes Mark Powell, of Saladin
Running the risk
1 February 2000
For some time, energy companies have sought a more holistic approach to risk management, forcing insurers to underwrite a wider array of business risks with increasingly complex solutions. In the UK, the advent of new corporate governance legislation is likely to fuel this trend. Risk engineering may be the solution, says Fulvio Caldelari, head of risk engineering, at Zurich Energy.