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Now in its tenth year of production, only
World Energy® provides a truly unbiased and open forum for idea exchange
and discussion. Allowing industry leaders worldwide to express their
views in their own words, World Energy has been at the forefront of key
issues, from manpower shortages to global warming to pricing of crude
and natural gas.
The result is a
window into the heart and soul of the industry, available for anyone
who wishes to look inside. |
Read the articles
from this issue
World Energy
Vol. 10 No. 4 |
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Hayward, Dr. Tony
Group Chief Executive
BP p.l.c.
Russia experienced many positive changes leading up to
the new century, including rising incomes, employment and
investment. The oil and gas sector played a decisive role
in that transformation. The author describes his company's
contributions to Russia's success and highlights the notion
of reciprocity - not just foreign investment into Russia,
but investment by Russian companies overseas - as one means
to integrate Russia into the world economy. |
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Lewin, Greg
President
Shell Global Solutions International BV
Fossil fuel production is moving from light oil to heavier
crudes, tar sands and other unconventional sources, and
renewables are predicted to supply only one-quarter of
the world's total energy needs by 2050. The author offers
coal gasification as an abundant and clean complement to
these energy sources. |
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Letwin, Stephen J.J.
Managing Director, Enbridge Energy Partners, L.P.
Enbridge Inc.
Canada is the primary exporter of crude oil to the United
States, and the two nations' interdependence will only
grow along with the demand for energy supplies. The author
relates how his Canadian company is adopting a strategy
of pipeline expansion and enhancement. The resulting infrastructure,
he says, will help to sustain and increase petroleum delivery
across North America. |
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Arendt, Steve
Director and Vice President Operational Performance Assurance
ABS Consulting
To encourage process safety management excellence, a new
system called Risk-Based Process Safety (RBPS) has been
created. The developer of this new guideline urges companies
to establish four accident-prevention pillars - commit
to process safety, understand hazards and evaluate risks,
manage risk, and learn from experience - and provides details
of the 20 RBPS elements. |
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Bollweg, James E.
President
CBI Services, Inc.
After several decades of dormancy, the nuclear power industry
is on the brink of reemerging. Opportunities abound, but
utilities will face many challenges, including an aging
workforce, new safety requirements and public skepticism.
The president of a leading energy engineering and construction
company looks at the future of nuclear power. |
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Bodman, Samuel Wright
U.S. Secretary of Energy
United States
The United States is working hard to make sure the world's
energy future is secure. It is creating technology-driven
solutions that promote global economic growth and sponsoring
programs that heighten awareness about reducing everyday
energy waste. But, as the secretary of energy points out,
the United States needs help from other nations, particularly
those in Asia, to ensure a bright energy future. |
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Sloan, Lane E.
Chairman, Energy Collaborative
Greater Houston Partnership
Houston wants to remain the energy capital of the world.
Oil companies, universities, politicians and communities
- both national and local - all believe that's possible.
But in these changing times, how can this oil region remain
on top? The head of an energy coalition, made up of four
working committees, has some answers. |
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Ponomarev, Dmitry Valeryevich
Management Board Chairman
NP ATS
In 2008 the Russian power industry will complete a reform
that involves a sweeping transformation of that sector
of the country's economy. The author describes the objectives
of the reform - including attracting private investments,
modernizing the industry and dealing with power shortages
- along with the promising results thus far and Russia's
planned next steps. |
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French, Patrick W.
President
Alliance Foundation for Energy Education
When it comes to maintaining reliable sources of energy,
the stakes have never been higher. As policymakers wrangle
over energy bills on Capitol Hill, the public casts an
increasingly critical eye on the oil and gas industry.
The author acknowledges the serious challenges facing energy
companies and proposes a proactive approach to creating
more understanding between the industry, Congress and consumers. |
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Delgado, José
President and CEO
American Transmission Co.
The need for affordable, reliable electricity continues
to grow, which translates into growing demand on America's
aging transmission grid. The author summarizes the current
state of the electricity industry, including the increasing
influence of public policy, and discusses the strides taken
by the industry to incorporate new technology to meet the
country's needs. |
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O'Reilly, David J.
Chairman and CEO
Chevron Corporation
n the mid-1980s California was still providing as much
as 60 percent of the oil it consumed, and Alaska provided
the rest. California now produces less than 40 percent
of its oil, Alaska's contribution has shrunk to 20 percent
and foreign imports make up the rest. Like the nation as
a whole, California must develop a sustainable policy to
ensure its energy and economic security, and the author
outlines some steps toward such a policy. |
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Bahorich, Mike
Director, Exploration and Production Technology
Apache Corp.
The world is not running out of oil, writes the author.
But are the international oil companies running out? The
author cites reasons to believe so - including the fact
that non-OPEC and non-FSU oil production peaked in 2002
and has declined ever since - and recommends investment
in research and technology to increase production from
recoverable reserves, including old and marginal wells. |
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Nelson, Ekow
Communications Sector Leader
IBM Institute for Business Value
Abdullah, Dr. Anwar Y.
Director of Oil & Gas Dept.
The Cooperation Council for the Arab States of the Gulf
Schurr, Allan
Vice President
IBM Energy & Utilities Industry Strategy & Development
Valocchi, F. Michael
Global Leader Energy and Utilities Industry
IBM Global Business Services
Consumers care about their energy purchases, and they
want to have more say in how they make those buying decisions.
Many already do have choices and consider each option's
effect on the environment to be an important factor. Here,
IBM representatives discuss the results of a survey the
company completed with nearly 2,000 energy consumers. |
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Morris, Jeff D.
President and CEO
ALON USA Energy, Inc.
California is home to the most stringent air-quality mandates
in the United States. As a resident of the Golden State
and an energy provider, the author provides an insider's
perspective on the issue. His company is actively pursuing
the development of cleaner-burning biodiesel, for example,
and his refineries will have the ability to sequester the
asphalt in used carbon, providing eco-friendly paving material
for California's roads. |
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Marks, Allan T.
Partner
Milbank, Tweed, Hadley & McCloy LLP
Investors seeking opportunities in renewable energy outside
the United States need look no further than our neighbor
to the south. Mexico's renewable power resources are abundant,
and the country is up-to-date on the environmental and
social benefits of alternative energy development. An attorney
specializing in international energy companies outlines
the many advantages and incentives involved in investing
in Mexico. |
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Goode, Peter
Executive Chairman
Aibel Group
The traditional relationship between national and international
oil companies is shifting. Recent high prices are prompting
the government-owned companies to rely less on Big Oil
for financing and other support, which leaves the majors
with less access to nationally owned reserves. The author
explains what this shift means for the future of NOCs,
IOCs and the service industry. |
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Kuhn, Thomas R.
President
Edison Electric Institute
With projections for a 40 percent increase in worldwide
energy demand over the next 25 years, the electric industry
faces a tough challenge in continuing to deliver secure,
affordable and reliable electricity that is also environmentally
responsible. The author discusses how advanced technologies
in generation, delivery, efficiency and emissions reduction
will help the industry meet its challenges. |
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Saltman, David P.
Chairman and CEO
Open Energy Corporation
Where is our energy future headed? The author proposes
that we are at the dawn of a paradigm shift that will lead
us toward a society less dependent on hydrocarbons and
more welcoming of wind, geothermal and other renewable
energy sources. He touches particularly upon solar-based
photovoltaic technology, which is gaining acceptance in
Europe and may realize the same success in the United States. |
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Tearpock, Daniel J.
President & CEO
Subsurface Consultants & Assoc. LLC
Harrell, Ronald
Chairman Emeritus and CEO (retired)
Ryder Scott Company LP
While engineers and geologists have extensive training
in their areas of specialization, many of these professionals
lack an insight into reserves evaluation that could contribute
to better results in the field. The authors, members of
the Joint Committee on Reserves Evaluator Training, outline
how their organization is taking steps to foster a more
highly trained, well-rounded workforce. |
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