On The Insider: Dr. Conrad Murray Returns to Work
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World demand for oil and gas is at an all-time high as emerging economies demand increasing amounts to fuel their growth. The Energy Information Administration predicts that world oil demand will grow from 80 million barrels per day (at 2003 levels) to 118 million barrels per day by 2030. The majority of oil and gas reserves that will be needed to satisfy this increasing demand are located in either geographically remote or politically sensitive areas (or both), making them more difficult and expensive to exploit. Within the context of increasing demand, International Oil Companies (IOCs) must continually replenish reserves depleted by production.

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Format:PDFSize:1,137 KB
Date:Jul 2007
Pages:12

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