Business Monitor International Predicts Slower Growth In The Angola Construction Industry
Business Monitor International Reveals Risks Of Unconventional Oil Going Global
Released on: December 07, 2011, 11:42 am
Author: Business Monitor International
Business Monitor International (BMI) has published its latest
study; 'Technological Innovations Transform the Global Oil Market'.
This comprehensive assessment seeks to address the key discussion
points over the past decade. These include the rise and increasing
assertiveness of NOCs, the geopolitical implications of the locations
of major oil reserves and of course, the overarching issue of the
security of supply of the industrialised world vis a vis the increasing
demands from emerging markets.
Unconventional oil exploration has the potential to change the dynamics governing
the entire market. Business Monitor International anticipates the successes recorded
in North America and more recently Argentina with shale oil, exploration to catalyse
the adoption of new technology for players across the world in the coming years.
With investment and R&D rapidly breaching technological barriers in shale oil,
Business Monitor International predicts environmental legislation as being the main
factor in determining the levels of global unconventional oil production.
Alternatively, the costs and technical difficulties still associated with shale oil,
will result in low volumes over the next decade.
Oil extraction technology is being pushed to its limits, which in turn has catalysed
new technological innovations that seek to turn unrecoverable resources-in place to
commercially viable reserves. Shale oil (aka tight oil) and oil shale now represent
the next frontier for unconventional oil E&P.
BMI’s portfolio of products provides comprehensive analysis across oil and gas
industries which enable global investors, emerging market strategists and
decision-makers across the corporate spectrum to assess and evaluate global
political and economic risks and aid strategic planning activities over the short,
medium and long term.
About Business Monitor International:
Business Monitor International established in 1984 with headquarters in London is
recognised as a leading independent source for analysis and forecasts on Country
Risk and Industry Analysis, spanning 175 countries. BMI provides research to
multinational corporations, banks, funds, research centres and governments in 140
countries around the world, including more than 400 of the Fortune Global 500
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