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Market Report
By: Sharyn Alden
July/August 2010
Offshore Drilling Moratoriam Causes Confusion
Oil and gas operators involved in deepwater drilling prior to the BP Gulf of Mexico oil spill are finding a lot confusion regarding how to continue or start drilling operations on the Outer Continental Shelf.
New directives on top of newer directives are making life interesting, albeit confusing for offshore drillers today.
Regional Roundup: OPEC
By: Andy Maslowski
July/August 2010
The Organization of Petroleum Exporting Countries was created in September 1960. Fifty years later, the cartel controls most of the planet’s crude oil supply and a considerable amount of its natural gas reserves.