In this article,cantor discusses what it takes to succeed in the downstream sector.The successful downstream compnay must be bolder,he says,by taking a more comprehensive approach to manatging its business.He argues that current business models make it difficult,if not impossible,todeliver solid earnings performance and to generate shareholder value on a consistent basis. The refining and marketing company of the new millennium must isolate those aspects of its business that truly create value,and minimize its exposure to the cost generating aspects of the company,he writes.
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