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Petroleum Intelligence Weekly
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Email the Editor(s), Jim WasherCopyright © 2010 Energy Intelligence Group, Inc. (click for details)
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-- The “Bible” of the international oil and gas industry for the last 40 years. Success in today's oil and gas industry depends on one thing -- an excellent source of reliable information that makes sense of this complex world. Petroleum Intelligence Weekly (PIW) remains, after four decades, the one publication a busy executive needs in order to gain a quick and accurate understanding of what is happening in petroleum around the world. It explains why events are important, and how changing trends are likely to affect an executive's organization, whether that be in the industry itself, in government, or in finance.

Top Stories From The Latest Issue:
Monday, August 2, 2010
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Internal Culture Biggest Problem for New BP Boss
For the second time in a generation, BP finds itself at a crossroads. Its role in the Macondo oil spill, the worst environmental disaster in US history, has now resulted in the departure of Chief Executive Tony Hayward, a record quarterly loss, and liability provisions of more than $32 billion to be funded in part by massive asset sales. Hayward's replacement, Robert Dudley, will take over in October and faces an unenviable set of challenges. (Monday, August 2, 2010)
PIW Scorecard: Saudi Switch Proving Popular
Six months on, Saudi Arabia's decision to switch away from West Texas Intermediate (WTI) as the benchmark crude for its term-contract sales into the US is proving popular with customers and competitors alike. What's more, the move has essentially relegated WTI to a secondary, regional role in physical oil markets despite its continuing importance as the basis for the main crude futures contract in New York. (Monday, August 2, 2010)
Worried BP Opts for Bigger Asset Sale
BP will be a changed company as a result of the Macondo oil spill in the Gulf of Mexico, and not just because it has a new chief executive promising a new approach. To help meet likely liabilities from Macondo, the company has now decided it needs to sell $30 billion worth of assets over the next 18 months, rather than $10 billion over the next year. (Monday, August 2, 2010)

View Articles Issue of Monday, August 2, 2010
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Feature Stories
Internal Culture Biggest Problem for New BP Boss
PIW Scorecard: Saudi Switch Proving Popular
Worried BP Opts for Bigger Asset Sale
High Stocks Help Assuage Hurricane Fears
Macondo Creates Opportunity for Cuban Upstream
Qatar Retreats From Oil Expansion Plans
Marketview
End Game
PIW Market Indicators
What's New Around the World
Conoco Forced to Give Up Entire Lukoil Stake
Mystery Surrounds Strait of Hormuz Tanker Accident
     General
CORPORATE
DRILLING
REFINING
     Countries
CHINA
ECUADOR
GHANA
IRAN
ITALY
MEXICO
RUSSIA
RUSSIA
SAUDI ARABIA
TURKMENISTAN
UNITED STATES
Supplement
Updated Price Scorecard for Key World Grades
How Term-Contract Prices Are Calculated

 

 


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