CASPIAN PRODUCTION POTENTIAL-2: Risks temper Caspian rewards potential
In Part 1 of this series (OGJ, Dec. 17, 2001, p. 18), Wood Mackenzie estimated the reserves and production potential of the five countries surrounding the Caspian Sea-Kazakhstan, Azerbaijan, Turkmenistan, and the Caspian offshore sectors of Russia and Iran-and ranked those companies active in the region's upstream industry.
IEA confirms non-OPEC producers take bigger share of global market
The International Energy Agency has confirmed that nations outside the Organization of Petroleum Exporting Countries have taken a larger share of the world oil market.
Watching Government: Alert fatigue
The White House wants to develop a national system that ranks the severity of a terrorism threat, US Homeland Security Director Tom Ridge told Reuters in a Dec. 14 interview. That's comforting to energy trade associations that represent their members' interests in Washington, DC.
UKCS infrastructure access by third parties getting clarification
The UK government has begun to clarify and simplify rules allowing third-party access to the oil and gas delivery infrastructure on the UK Continental Shelf.
Analyst sees sharply higher US gas prices this winter
US natural gas prices should jump sharply in the first quarter as demand jumps in the face of limited supply.
OPEC leaves door open for possible quota cuts
Prospects have improved for another production cut by the Organization of Petroleum Exporting Countries design- ed to bolster oil prices.
Since oil and gas started flowing from the Norwegian and UK sectors of the North Sea, the two countries have had an amicable and frequently profitable relationship.