Jan 1999

In a business that suffers from over capacity, an upturn in short-term storage rates took operators of independent storage by surprise

Austria's OMV and the Hungarian state oil and gas group, MOL, are reported to be in talks on a strategic partnership

Native title holders are entitled to receive a portion on resources from an area to which they lay claim, an Australian court decided, late in November

Market prices continued to fall because of exceptionally low global demand for the time of year, coupled with oversupply

Judging from Opec's late November meeting in Vienna, where the group decided to do nothing to reduce the world production of crude oil, one might have concluded that supply was looking after itself

With US refineries operating at, or near, capacity for several years, products are moving in and out of storage terminals at a health pace. Most tanks are full

Operators are facing a period of intensified competition following the economic downturn in Asia and that has prompted traders to limit their forward exposure

In the second part of his survey of Germany’s energy sector, Vladimir Baum analyses the coal, natural gas and oil sectors