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The need for the development of new resources is greater now than at the end of the last century. In a fine example of stating the obvious – at least to those who have been keeping an eye on the energy industry – and putting it in context, the chief of Russia’s largest oil company welcomed an era where the oil market will be driven by “finance, technology and regulation.” Russia and OPEC are natural rivals, although there has been a sense of partnership, especially after the advent of shale in the U.

Pages: 798

Publisher: Academic Press (December 2, 2012)


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