Into deeper water

Article Abstract:

Major oil companies including Royal Dutch/Shell and ExxonMobil are investing heavily in new technological developments in ultra-deep-water exploration. This trend is driven by growing world demand for hydrocarbons and the need to slow down the self-depletion rate of oil reservoirs.

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Beckoning and rebuffing

Article Abstract:

Libya's attitude to the US seems confusing, with unfriendly signals being followed closely by conciliatory noises. Libya has now given US oil firms a one-year deadline to use their oil concessions in Libya or lose them.

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The cost of power conservatism

Article Abstract:

Mexico urgently needs a radical review of its energy policy and industry if it is to cope with rising energy demand. Part of the problem stems from bureaucracy and underinvestment at state oil monopoly Pemex.

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