Brazil's Presidential Election: Pragmatism and Energy Challenges
Brazil's Presidential Election: Pragmatism on the Eve of Energy Supply ChallengesOn October 1, 2006, Brazil will elect its next president for a four-year term. The race has narrowed to two candidates: the current president, Luiz Inacio
Publication Date: SEP 2006
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IT Standards Success and Failure: Revealing the Differences
Predicting the Success and Value of E&P Data StandardsLack of standardization of information technology systems has long been recognized as a cost carried by the industry. One estimate places the total value of such nonstandardizat
Publication Date: SEP 2006
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An Easy Victory, But Daunting Challenges Ahead for Yemen's President
Yemen: Saleh's Reelection--A Short-term Guarantee for a Brittle Country Under Ali Abdallah Saleh's apparently easy reelection, the initial cracks appeared in the president's grip on the country. First, the main opposition candidate, F
Publication Date: SEP 2006
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Turning Corporate Transparency into a Competitive Advantage
The new corporate transparency movement means that energy companies are increasingly operating in a fishbowl, sharing social and environmental data and corporate responsibility action plans with gove
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Publication Date: AUG 2006
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Expansion Set to Continue: Global Liquids Capacity to 2015
Productive capacity has continued to expand in the past year and has absorbed the aggregate disruption generated by geopolitical difficulties and weather problems. At current high oil prices companie
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Publication Date: AUG 2006
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Venezuela's Extra-Heavy Oil Policies Stall Investments
The lack of consistent EHO monetization strategies by Venezuelan hydrocarbon authorities is resulting in a lost golden opportunity as production from nonconventional reserves lags that of other count
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Publication Date: JUL 2006
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China's Energy Markets in Realignment
In the second quarter of 2006 China's energy markets are finding some long-sought stability. Shortages and bottlenecks no longer plague the oil, power, and coal sectors, and China's policymakers are
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Publication Date: JUL 2006
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Kuwaiti Energy Minister Ousted to Appease Winners of Parliamentary Elections
The strong showing of Islamic and liberal opposition at the June 29 parliamentary election is a setback for the ruling family, but much will depend on how the government handles the situation.
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Publication Date: JUL 2006
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Finding and Development Costs-The Long View (Figure)
**Note: This piece of content represents a figure extracted from the full report, Global Finding, Development, and Production Costs Are Up Again. Click here to purchase the full docu
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Publication Date: JUN 2006
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Global Finding, Development, and Production Costs Are Up Again
The cost to find, develop, and produce oil has been rising since 1995; this report looks at upstream costs across the globe, as well as drivers and longer-term trends. Costs-as distinct from the mark
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Publication Date: JUN 2006
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Russia's Oil Production: Sizable (Although Slower) Growth Projected
Since mid-1999, average daily Russian crude oil output has grown by over 58 percent, lifting Russian production back onto a par with that of Saudi Arabia and propelling Russia into the forefront as a
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Publication Date: JUN 2006
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Assessing the Risks of Confrontation with Iran
Uncertainty about Iran's intentions for its nuclear program and impatience with its tactics have led the United States, United Kingdom, France, Germany, and Russia to offer Iran a choice between susp
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Publication Date: JUN 2006
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Florida Remains Vulnerable to Fuel Supply Disruptions for Generation this Hurricane Season
Florida relies on gas-fired generation to meet over 38 percent of the state's electricity requirements. Going into this summer's hurricane season, there is lingering concern about fuel supply disrupt
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Publication Date: JUN 2006
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Mexico's Energy Security Debate: Shaping the Sector's Future
A new concept of energy security is gradually emerging in Mexico as energy affairs have regained prominence in the country's political agenda in light of the upcoming congressional and presidential e
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Publication Date: JUN 2006
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Looking Ahead to Uribe's Second Term in Colombia
The Colombian presidential election on May 28, 2006, ushered in a new political order in Colombia. Uribe's agenda has set new priorities for the next four years--paving the way for a new approach to
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Publication Date: JUN 2006
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Synfuels: High Oil Prices Threaten Economics
With oil prices remaining high, up to $4 billion worth of tax credits available to companies that produce synthetic fuel (synfuel) from coal under a government-sponsored program may become partially
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Publication Date: JUN 2006
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Bolivia's Nationalization: The End of an Era?
Bolivia's nationalization of the oil and gas industry early May shakes both the energy sector and the geopolitical balance in the region. Will this dramatic move be the start of a regional nationaliz
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Publication Date: MAY 2006
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Russian Refineries Making Gains in Gasoil Production, but Unlikely to Meet All of Europe's Rising Import Needs
Spurred by tightening product standards in Europe, the principal market for their exports of diesel fuel (gasoil), Russian refineries are now producing (and exporting) significant amounts of low-sulf
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Publication Date: MAY 2006
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Can the Challenges of Distance, Time, and Culture be Overcome?
Successful virtualization of an exploration and production (E&P) work process demands that team members learn new communication skills and modify their expectations of coworker behavior in the wo
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Publication Date: MAY 2006
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Libya Reforms to Continue after Cabinet Reshuffle, but No Fast Track
On March 2 a broad cabinet reshuffle was designed to convey that the leadership was responding to the country's social and economic discontent. Although the public views the new government as strongl
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Publication Date: MAY 2006
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Can Ethanol Rescue the 2006 Gasoline Market?
The switch from methyl tertiary butyl ether, or MTBE, to ethanol in 2006 is creating tightness in the US gasoline market. Key challenges include securing enough ethanol supply, overcoming logistical
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Publication Date: MAY 2006
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New Iraqi Prime Minister, Nuri al-Maliki, Faces Huge Challenges
By end-April the long-awaited appointment of seven Iraqi political leaders, including Nuri Kamal al-Maliki, broke the deadlock caused by the dispute over the selection of the prime minister. However,
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Publication Date: APR 2006
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Rising Capital Costs Bear Down on E&P Profitability
Higher oil and gas prices have encouraged a wave of new investments for discovering and developing resources. However, the soaring costs of exploration and production (E&P) programs and the volat
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Publication Date: APR 2006
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Asia Pacific Price Controls-A Looming Obstacle to Refining Capacity Additions
The center of gravity in Asia Pacific refined product demand has clearly shifted to regulated markets, most notably China and India. Combined with other markets currently under some form of price con
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Publication Date: APR 2006
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Colombia: Oil and Politics, Expectations Around the Presidential Election
Attracting private investment is critical if the Colombian oil industry is to sustain production levels that guarantee self-sufficiency and export income. One of the critical factors affecting the at
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Publication Date: APR 2006
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Renewed Pressure on Argentine Utilities
Argentine utility companies are feeling renewed pressure from the Argentine government on their business operations as a result of the country's rampant inflation, the Argentine peso devaluation, and
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Publication Date: APR 2006
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Russia's Western-led PSAs Overcome the Odds: A Second PSA Wave Led by Russian Companies on the Horizon?
Russia's three flagship Western-led production-sharing agreement (PSA) projects continue to mark major milestones, slowed but not derailed by chronic disputes between PSA consortia and political auth
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Publication Date: MAR 2006
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Russian Crude Oil Production Outlook for 2006: Is a Further Slowdown in Store?
Slowing growth of crude oil production has caught the attention of Russian policymakers. A number of government officials have offered outlooks on oil production that are substantially lower than ind
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Publication Date: MAR 2006
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The New Shareholder Battleground
Corporate leaders, shareholder activists, and the US Securities and Exchange Commission are still battling over who is responsible for environmental and social risk assessment. In this year's season
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Publication Date: MAR 2006
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Russia's Domestic Crude Oil Market and the Oil Refining Industry: Resting on a Razor's Edge
A combination of Moscow's taxation policies, increased domestic demand for (high-octane) gasoline, and very favorable refining margins inside the country encouraged Russian oil companies to process m
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Publication Date: MAR 2006
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Ensuring Energy Security
Current events are putting energy security at the fore. But the meaning of the term "energy security" has expanded. Once, energy security really meant "security of oil supplies against disruption." T
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Publication Date: MAR 2006
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Corporate Social Responsibility Expectations
In a speech given at CERAWEEK 2006, Susan Ruth, CERA Senior Director of Global Environmental Strategy and Global Energy, discussed oil and gas companies' position in the spotlight amid concerns about
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Publication Date: MAR 2006
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Focus on Energy: Perspectives from CERAWeek 2006
With the global energy supply system under pressure-spiking prices, more integrated world economy, natural disasters, geopolitics, environmental imperatives, technological challenges-the energy indus
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Publication Date: MAR 2006
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A $30 Billion Initiative: Russia Adopts EU Exhaust and Fuel Quality Standards
Russia has finally joined the fuel quality improvement race led by the United States and Europe. With one law prescribing new emission standards, the government is about to pass legislation on refine
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Publication Date: FEB 2006
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Mexico Energy Price Report: Mixed Messages
Mexico's fuel prices are expected to move in opposite directions in the near term. Refined products prices are not expected to decrease given tight availability of refining capacity, but natural gas
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Publication Date: FEB 2006
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Special Report: Design Issues for Market-based Greenhouse Gas Reduction Strategies
Last fall CERA facilitated four public workshops supported by the National Commission on Energy Policy and the Edison Electric Institute in Washington, DC, that explored the most critical market desi
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Publication Date: FEB 2006
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Special Report: Design Issues for Market-based Greenhouse Gas Reduction Strategies - Appendices
Last fall CERA facilitated four public workshops supported by the National Commission on Energy Policy and the Edison Electric Institute in Washington, DC, that explored the most critical market desi
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Publication Date: FEB 2006
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China Market Commentary: Policy Reform on the Horizon
China's energy markets remain tight overall, but continue to move toward balance. Over the past several years, rapid demand growth and high commodity prices have exposed shortcomings in current prici
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Publication Date: FEB 2006
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Petroecuador: Starving for Cash Amid Abundance?
A deadlock at Petroecuador caused its president, Luis Roman, to resign, leaving the state-owned company facing a number of unresolved disputes that put Ecuador's oil industry operations in jeopardy.
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Publication Date: FEB 2006
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The Coming Changes in China's Oil Product Pricing Policy
Changes are imminent in the pricing of refined products in China. On the heels of recent price reforms in other sectors, regulators may soon announce changes to how diesel and gasoline prices are det
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Publication Date: FEB 2006
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