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  1. Greenspan Sees Lower Energy Intensity As Global Economy Adjusts To High Oil Prices

    ...en through the 1990s had eroded noticeably over the past five years, making specific reference to long-dated oil futures, which in early August breached $60/B for WTI for 2011 delivery. He also pointed out that despite the highly profitable market environment for oil producers, the expected surge in...

    Volume: 48
    Issue: 43
    Published at Mon, 24 Oct 2005

  2. Yemen Expedites Exploration Activity As Decline In Oil Production Continues

    ...d plans to drill 20-40 wells annually. During 2005 Nexen plans to invest $70mn to drill at least 20 wells and test deeper horizons where there has been recent success. It has the right to produce oil in Masila until 2011 and to negotiate a five-year extension. Nexen also has a controlling (87.5%) st...

    Volume: 48
    Issue: 41
    Published at Mon, 10 Oct 2005