How to be an oil tycoon

Article Abstract:

Petroleum is a key commodity and an essential for much of the human race, but it is still possible to lose money by investing in petroleum exploration companies. Stock in these companies can fall as a result of rumors. Calculating the value of a company is relatively simple compared with assessing its future performance. The management of the company is an important factor. Companies may have acres of petroleum or gas reserves, but the cost of marketing it could be prohibitive, especially for gas which requires pipelines.

Economic aspects, Natural gas exploration, Oil and gas exploration, Petroleum exploration

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Caspian deal comes with snags

Article Abstract:

BG has secured exploration deals in Kazakhstan as part of a strategy to increase petroleum production to 400,000 barrels per day in 2002 from 150,000 b/d. There is uncertainty about the transportation facilities from the Karachaganak field and about the quality of the Caspian Sea blocks that BG is exploring. Only 2 million tonnes can be exported annually by BG and Agip from Karachaganak, and the Caspian Sea project involves high drilling costs and environmental charges.

Investments, Gas industry, BG

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Oil exploration

Article Abstract:

Factors affecting British petroleum exploration companies are examined in detail.

United Kingdom, Cover Story

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