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The average Asian refining margins deteriorated in 2002 from the previous year levels. The reasons for regional product balances and refining economics lowering refining margins are demonstrated.

Additions to Asia Pacific's refining capacity in the past 4-5 years have transformed the region from a major net importer to a net exporter of refined products. The recent wave [...]

Currently, the total production of crude oil from the Middle East stands at 21.7 million b/d; this is projected to grow to 25.5 million b/d by 2005. Consequently, the export [...]

Pakistan has substantial natural gas reserves and a current reserves-production (R/P) ratio of 31 years. The base-case scenario for natural gas consumption reveals that, with no new discoveries, these reserves [...]

Pakistan is moving towards significant energy market changes as its downstream oil sector enters a new world of price deregulation. And the country's oil refiners and marketers are being utilized [...]

The Organization of Petroleum Exporting Countries' productive capacity and capacity utilization have long been an indicator of the stability or vulnerability of the global oil market. Pundits have watched these [...]

The article looks at the productive capacity and capacity utilization of the Organization of Petroleum Exporting Countries (OPEC). It discusses the use of the OPEC capacity as an indicator of the stability or vulnerability of the international oil market. It details the decision of some OPEC countries, particularly Iraq, Kuwait and Saudi Arabia, to consider foreign investments as non-0PEC members continue to gain market share.