Challenges and opportunities facing the international oil industry

摘要

The report is divided into two sections. The first discusses the broad range of challenges facing the industry as it moves towards the 21st century. The author identifies four areas that present challenges: the quantity of oil; its quality; oil's image; and the industry's broader responsibilities. The second section looks at possible opportunities to meet these challenges: making the best use of the new world economic and political order; deriving the maximum benefit from a more unified international oil industry; and participating in environmental and other forms aimed at realigning the global energy mix.