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Petroleum Review October 2014

Increased uncertainty and enhanced complexity of operations can lead to so-called ‘Black Swan’ events if they are not managed properly. This issue looks at how oil and gas companies can avoid such events and outlines new guidance on how industry can get to the root causes of incidents. 

We also report that despite some downbeat assessments on the future of the North Sea, a new wave of investment could well provide reasons to be upbeat about prospects. We also review some of the latest removal and disposal initiatives being developed in the North Sea. 

Our regional overview looks at the new order taking shape in the Eastern Mediterranean, where a growing military alliance between Israel, Cyprus and Greece, together with Russian regional tactics, could be decisive factors in development of the region’s gas market. 

The magazine also explains the breakthroughs that are enabling smaller scale gas-to-liquids to gain traction across a number of sectors, including stranded gas, shale gas and even biomass and waste. 

Following on from the launch of our new-look design last month, we are pleased to include the first of a series of pull-out infographics in this issue. Each will illustrate the value of energy in society and its influence on economic growth and social wellbeing. We hope you find them useful.