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          Petroleum Economist February 2010 Issue

          Leader

          The global glut of LNG

          Analysis

          Unconventional gas

          The next wave of M&A activity: North American shale gas

          The shale-gas revolution that started with the drillers is entering the boardrooms. Expect the North American natural gas scene to look very different in coming years, writes Derek Brower

          Energy finance

          Oil and gas M&A set for revival

          With oil and gas companies' balance sheets in better shape and some prime assets back on the market, corporate activity is set to accelerate, writes James Gavin

          Liquefied natural gas

          Algeria's LNG industry at a crossroads

          Exports of Algerian LNG are falling and new projects are delayed; there is trouble at the top of Sonatrach; and IOCs have snubbed recent licensing rounds, writes Conal Walsh

          More LNG from Equatorial Guinea, but production start-up uncertain

          Marathon Oil says the world LNG market will not support Equatorial Guinea's planned second train until 2016-17, but the government wants an earlier start-up – and has pressure to apply, Martin Quinlan writes

          Upstream technology

          Tertiary oil-recovery techniques: reviving dying US fields

          Enhanced oil-recovery techniques can boost production from ageing oilfields by up to 60%. Small wonder that US oil companies are turning to tertiary-recovery methods to slow, or reverse output declines, writes Anne Feltus

          Pipelines

          Politics reek havoc with Iran's gas-pipeline plans

          Iran has grand plans to export gas by pipeline to Europe, South Asia and Arab Gulf states, but local, regional and international politics will hinder development, writes Digby Lidstone

          Speculative oil pipelines offer alternative to Strait of Hormuz choke point

          Concerns about the vulnerability of the passage of oil through the Strait of Hormuz ebb and flow depending on the international mood over Iran, writes Digby Lidstone

          Opinion

          Oil industry's increasing focus on CSR

          Are oil companies acting responsibly yet? Professor Jedrzej George Frynas from Middlesex University Business School writes

          Climate change

          Copenhagen's letter of intent may yet spur global climate action

          Governments still have opportunities to rescue 2009's disappointing UN climate-change meeting in Copenhagen, writes Ian Lewis

          The rise of climate-change scepticism

          Forget the failure of the Copenhagen summit. The real threat to the war on climate change could be the gathering swell of scepticism of the whole endeavour, writes Derek Brower

          Finding gives US EPA power to regulate greenhouse-gas emissions

          The US government has authorised itself to regulate greenhouse-gas emissions, with potentially costly consequences for the oil and power sectors, writes Anne Feltus

          The Report Card

          Anadarko's award-winning year

          With valuable exploration acreage in the US and overseas, and oil and gas production on the rise, Anadarko is one of 2010's prime acquisition targets, writes NJ Watson

          Focus

          Geopolitics

          Iranian cross-border oil incursion heightens tensions with Iraq

          Exploration and production

          Nigeria: Shell has had enough

          UK oil and gas drilling activity plummets

          Canada: Oil-sands investment revival

          Egypt to spend $3bn on E&P this year

          Kuwait plans new 20-year upstream drive

          Kazakhstan seeks a share of Karachaganak

          Alternative energy

          UK awards big offshore wind-power concessions

          India sets new biofuel target

          Natural gas

          Australia: Woodside's Browse and Sunrise LNG setbacks

          China embraces shale-gas partners

          UK: South Hook LNG covers its options

          The Back Page

          The oil world and its villains

          In a new book, journalist Peter Maass takes a voyage into the troubled regions of the world and finds oil corrupting almost everything it touches, writes Derek Brower

          News in brief

          Western Europe

          Eastern Europe and CIS

          Africa

          North America

          Latin America

          Middle East

          Asia and Australasia

          World oil and gas licensing rounds

          Markets

          Crude oil price correction may have further to go

          World oil and gas production

          Global oil production continues its steady climb


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