Major Oil Price Rise ForecastDec 11, 2003
The world is drawing down its oil reserves at an unprecedented rate and even assuming no growth in demand it is likely that by 2010 oil supply will be constrained by global production capacity and oil will permanently cease to be abundant, according to a new report by UK based Douglas-Westwood.
The Value of Social ResponsibilityDec 11, 2003
The conditions within which business operates throughout the world are changing. Business is adapting to those changes, and modifying its behavior in accordance with the new rules. So just as business is recognizing the value of proactive environmental management, another ground rule has been placed on the boardroom table. To deal with these challenges in Statoil is Eli Aamot, the newly appointed Vice President of Environment. She carries on a 30-year effort in the oil and gas company to include values of sustainability in its business strategies.
Angolan BonanzaDec 11, 2003
The world offshore market is expected to grow by some 20 per cent from 2001 to 2004, with growth being driven primarily by deepwater production in West Africa, which is expected to grow by a whopping 65 percent. ABB is among the companies cashing in on the new oil rush.
Connectivity and Inequality: The African InternetDec 11, 2003
When web use started becoming commonplace in the mid-1990’s, the consensus seemed to be that the Internet was a tool that could bring democratic rights to the people, without government filtering or control. The information revolution became the hope of many – especially intellectuals – who saw the new communication practices as a possible gateway to broader, more equal distribution of information. The most enthusiastic of the internet-as-democratic-tool set were hoping for information revolutions all over the world, including communications-challenged areas such as Africa.