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Coming In August 2003. . .

Now in its 58th year, World Oil's International Outlook Issue is an industry standard. Twice a year, World Oil sends out more than 2,000 surveys to state and federal agencies, oil companies and other organizations on an international scale. The data that result are unique, independent, and often cited by agencies such as EIA, the World Almanac, DeGolyer & McNaughton, and others.

Eight world regions (North America, South America, Western Europe, Eastern Europe/FSU, Africa, Middle East, Far East and South Pacific) will be overviewed, covering important developments that include changes in governmental policy, exploration and development activity, oil production data, gas and oil reserves, number of wells drilled, drilling footage, types of wells drilled, field-discovery tables and licensing information, and other data gathered from countries and oil companies throughout the world. It's the type of information that companies need to know to ask deeper questions and make sound business decisions as to whether and how they might operate in a given country.

Plus…
In an expanded section on the Former Soviet Union, Doing business in Russia -2003. A partner in the Litigation Group of Dewey Ballantine LLP, New York, handicaps the state of Russian law for direct foreign investment in light of BP's recent investment in TNK. This includes a look at progress (or lack thereof) in passing a production sharing contract law, as well as legal protections for foreign entities entering JVs with Russian firms. Many in the West are reassessing Russian companies as strategic partners, particularly given continued uncertainty in the Middle East.