Producers – May 30

Middle East makes inroads into Alberta oil patch

Deals signed on Malacca Strait pipeline

Pickens eyes $70 mln for Clean Energy IPO
APEC to study impact of state-owned oil companies

Is the story of Iraq’s ‘massive untapped oil reserves’ fact or fictions?
Huge gas reserves found in southwest China

Gas prices – May 25

Petrol to hit £1 a litre within week in UK

Poll: Gas costs hurt, but many adjust

TOD readers on oil companies & gas prices
Wis. gas station shuts pumps over prices
House passes gas profiteering bill, but misses target
Oil exec calls on Americans to cut demand
LA Times: Don’t blame oil companies, blame us
MarketWatch: There’s more to it

60 percent of oil and gas execs believe trend of declining reserves is irreversible

Results of a KPMG survey, which polled 553 financial executives from oil and gas companies in April 2007. “These executives are deeply concerned about declining oil reserves, a
situation they see as irreversible and worsening,” said Bill Kimble of KPMG LLP.