It has now been more than thirty years since the world last faced a major oil crisis, although there have been numerous "crisis blips" along the way. But the latest medium-term forecast from the International Energy Agency suggests the world is now approaching a major oil supply crunch within the next five years. It also warns of tight gas supplies.

In truth the fears about an oil supply crunch, or crisis, have been brewing ever since the last oil crisis ended. Western governments, and particularly the US, talked enthusiastically about alternative energy supplies to oil as it sought to free its...

Voting is now open in the inaugural Energy Business Awards, Asia 2007

By category and in alphabetical order, the 2007 Nominees for the Energy Business Awards, Asia 2007 are:

• Energy Company of the Year, Asia
• Electricity Generating Authority of Thailand (EGAT);
• Petroliam Nasional Berhad (PETRONAS)
• Singapore Petroleum Company
• S-Oil Corporation
• Vopak Terminals Singapore Pte Ltd

• Excellence in Energy Trading & Risk Management, Asia
• Aisling Analytics
• Allegro Development
...

APPEC 2007 to Host Inaugural Energy Business Awards, Asia
Elite Global Energy Awards to recognize excellence in Asian Energy Marketplace

Singapore/London -The Energy Business Awards (EBA), in association with the Asia-Pacific Petroleum Conference (APPEC), are pleased to announce the inaugural Energy Business Awards, Asia (EBAA) to be presented during the 23rd APPEC in Singapore, 11-13 September 2007.
These are the first regional awards to be conferred by EBA and recognise the critical contribution being made by the Asia marketplace to the global energy complex. A...