WATCHING WASHINGTON COPING WITH CHANGE

With Patrick Crow Change is a boon as well as a bane for business, and oil and gas companies are no exception. Last week in Washington, a Petroleum Finance Co.-Petroleum Intelligence Weekly seminar sought to explore potential changes in store for the international oil industry. In international natural gas markets, the focus is on the competition between Russian and North Sea gas for the European market and the need to increase liquefied natural gas sources to meet Far Eastern demand.

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