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  4. Mar 2010

Petroleum Economist

Different countries define it in different ways. The Western view – that governments and not companies should generally be responsible for social benefits – sometimes conflicts with that held by populations in third-world countries, which often expect philanthropy
The recent murderous attack on a foreign football team has allowed the Cabindan separatist movement to take the world stage – and it raises security concerns for about a quarter of Angola's oil production, Martin Quinlan writes
Apache's acquisition of a majority stake in the proposed Kitimat LNG export terminal makes its chance of proceeding more likely, but it will probably not presage a spate of export projects elsewhere in North America, writes Ian Lewis
As the recession eases and oil demand rises, day rates in the oil-tanker market have rebounded. But the sector's susceptibility to volatility should not be underestimated, writes Martin Clark
THE UK's 26th offshore licensing round, launched in late January, opens for exploration almost all the unlicensed acreage surrounding the country – including disappointing areas, first offered in early rounds