Industry facing product delivery, quality challenges

02/21/2005
Challenges facing the oil and natural gas industry have more to do with delivery and product quality than with size of the petroleum resource, company executives told the Energy Institute's International Petroleum Week in London.John Manzoni, group managing director and chief executive, refining and marketing of BP PLC, started the conference with a resource assessment more optimistic than those of some other analysts, saying the global supply problem for at least the next couple of decades is not the size of the resource but rather the ability of the market and industry to access the resource and provide the oil needed.Jean Jacques Mosconi, senior vice-president, strategy and develop...
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