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...

Source: 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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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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