UNCTAD REPORT
July 1st, 2001
BY KEITH NUTHALLAN OPTIMISTIC long-term view of oil company prospects is found in the latest World Commodity Survey, from the United Nations Conference on Trade and Development, (UNCTAD).It has suggested that oil production will surge in the next two decades and also that petroleum companies will take advantage of new technology to establish a commanding presence in renewable energy sectors.The survey highlights projections that OPEC's Middle East members "should more than double" production of petroleum and condensates to 43.7 million barrels-a-day by 2010 and ...
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