-[Oil] Nha` gia`u than kho^? ....




http://www.thewest.com.au/default.aspx?MenuID=3&ContentID=83104

Outlook bleak for oil giants despite rocketing prices

Major oil companies are struggling to access resources being
jealously guarded by national companies with whom they are
forced to establish partnerships.

As paradoxical as it may seem, high oil prices do not mean
a golden age for the likes of ExxonMobil, Chevron, Totalor BP.

Of course, with a barrel of oil at more than $US140, they are
seeing major profits, but the future has never seemed so
uncertain. The problem is access to reserves. The oil majors
now control less than 10% of world resources of gas and oil,
against 70% in the 1970s, according to figures released by the
office of Ernst and Young at the World Petroleum Congress
in Madrid ....
.



Relevant Pages

  • Re: -[Oil] Nha` gia`u than kho^? ....
    ... Outlook bleak for oil giants despite rocketing prices ... Major oil companies are struggling to access resources being ...
    (soc.culture.vietnamese)
  • Re: Vegetable oil
    ... > cost of his fuel works out at 12p per litre (Free vegetable oil from local ... > Major oil companies favour going down another route so that their oil ... RIX sell it in the UK and list which manufacturers include 100% Bio in ...
    (uk.rec.waterways)
  • Re: OT: Our Partners in Peace
    ... went to the US government and major oil companies in July, ... The ones who are really getting screwed by shits like you are American ...
    (rec.gambling.poker)
  • Re: Oil prices expected to rise above $200 per barrel
    ... The bottom line is that the supply of crude oil is limited and not increasing as fast as the demand. ... I know a bit about oil because I live in one of the cities in Texas that has a lot of headquarters for oil. ... my uncle works for one of the major oil companies. ... He himself acknowledges that oil is finite and that those in his company expect it to reach over 200 a barrel. ...
    (alt.autos.toyota)