INTERNATIONAL: Oil majors fail to replace reserves - Oxford Analytica

Report title: INTERNATIONAL: Oil majors fail to replace reserves

from Oxford Analytica
1339 word report published Apr 23, 2008

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Abstract:

Major oil companies need to replace their reserves. Yet alternative reserves reporting standards present very different pictures of their position. Poor organic reserves replacement reflects a more competitive investment environment.

Brief Excerpt:

INTERNATIONAL: IOCs reservesINTERNATIONAL: Oil majors fail to replace reserves Crude oil yesterday hit a record ###.## dollars per barrel, as Saudi Arabia warned of "limited capacity" in global oil production. Major oil companies...

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Oxford Analytica

Country / Region:

International, Netherlands, Nigeria, Russia, United Kingdom, United States, Venezuela

Topic:

economy, corporate, energy, environment, growth, investment, mining, oil, prices, technology

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Table of Contents:

GEOGRAPHIC REGIONS : International, Netherlands, Nigeria, Russia, United Kingdom, United States, Venezuela

TOPICS : economy, corporate, energy, environment, growth, investment, mining, oil, prices, technology

SIGNIFICANCE : Major oil companies need to replace their reserves. Yet alternative reserves reporting standards present very different pictures of their position. Poor organic reserves replacement reflects a more competitive investment environmen

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