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          Petroleum Economist May 2008 Issue

          Leader

          Losing that swing

          Analysis

          Colombia

          The 1m b/d production goal

          Upstream investment in Colombia should set a new record this year, helping the country build towards 1m barrels a day of oil production by 2020, says the upstream regulator. Tom Nicholls writes

          ANH sees contract awards by October

          The Report Card

          Eni: Looking to bounce back

          If it is to achieve its ambitions, Eni must restore its reputation as a company capable of managing big projects, writes Derek Brower

          World gas: LNG

          Exuberance ebbs away as supply crunch fears grow

          The growing prospect of shortages in LNG supply after 2010 could start to destroy demand, as potential buyers consider alternative fuels. Alex Forbes reports from the Gastech conference in Bangkok

          West Africa: Nigeria

          High hopes for new deal

          A long-running contractual problem limiting operations in the Niger delta could be resolved under a new arrangement proposed by the government. Finding an end to the terrorism problem could take longer, Martin Quinlan writes

          Gas exports: LNG good, pipeline poor

          Nuclear power

          UK: atomic momentum

          A new generation of nuclear power stations is at the heart of the UK's plans to cut carbon emissions and make its energy supplies more secure, says the government. Derek Brower reports

          Nuclear

          Poles apart in Baltic struggle

          Lithuania is making a last-ditch – almost certainly doomed – attempt to keep open its Ignalina nuclear plant. Without it, the country faces power shortages and increased dependency on Russia, writes NJ Watson

          World gas: Central Asia

          Soviet era ends as Gazprom pays market price

          After decades of selling gas on the cheap, Central Asia is to charge Gazprom European prices. The price rises will benefit Russia by discouraging competition for the region's gas, writes Isabel Gorst

          World gas: Spain

          Bullish times

          Spain – one of Europe's fastest-growing and most-liberalised gas markets – recently passed two milestones. Gas has become the main fuel for electricity generation and the regulated market has been abolished. Essential to both has been an enthusiasm for LNG that has made the country the world's third-largest importer. Alex Forbes reports

          Russia

          TNK-BPs confused future

          BP and its Russian joint venture, TNK-BP, are feeling the heat again. It could herald the company's exit from Russia – or a new partnership with Gazprom or Rosneft. Derek Brower reports

          World gas: US shale gas

          An unconventional approach

          Activity picks up in the Piceance basin

          Canada: resource development advances

          West Africa

          Ghana's deep-water potential

          Disappointment in Mauritania

          Addax leading the field in JDZ

          Focus

          Exploration and production

          Brazil: Carioca discovery potentially one of the largest oilfields in the world

          Iraq: Oil ministry names upstream bidders

          Kuwait: Gas production begins

          Subsea processing: StatoilHydro takes the next step

          Refining and marketing

          US: Goodbye to the good times

          Chevron trials new upgrading process

          Biofuels

          Choren completes biomass biofuels plant

          Environment

          Saudi oil minister hails solar and CCS, but rubbishes biofuels

          Energy policy

          Shell calls for profound change in energy policy

          Book review

          Good riddance, Volodya

          Corporate

          What is good for us is good for you, Gazprom tells Serbia

          Natural gas

          Iran: Tehran bolsters its gas offensive

          US: BP and ConocoPhillips in Alaska pipeline deal

          Coal

          Czech Republic: NWR could raise €1bn in IPO

          The Back Page

          Facing the oil curse

          Drilling for oil in a war-torn African country was always going to be a high-risk venture, but the consequences of Range Resource's activities in Puntland, Somalia, could be dire. Derek Brower reports

          News in brief

          News in brief

          Markets

          How high can it go?

          World oil and gas production

          Global economic slow-down hits products demand


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