Despite the figures that many of the multinational and national oil companies are turning in for 2002, the immediate future continues to look tight. This point was reinforced by Sir Phi..
Despite the figures that many of the multinational
and national oil companies are turning in for 2002, the
immediate future continues to look tight. This point was
reinforced by Sir Philip Watts, Chairman of the Committee of
Managing Directors, Royal Dutch/Shell Group at the recent
Institute of Petroleum Dinner in London.
In his address, he said, "The events in the Middle
East are deeply troubling. It is not just the present
uncertainty but also the longer term potential for
instability and the alienation of many in the Islamic world
from the West that concerns me. And this comes at a time when
the outlook for the global
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