April 2003

Columns

HPIn Europe: Industry rises to meet challenges

Despite the figures that many of the multinational and national oil companies are turning in for 2002, the immediate future continues to look tight. This point was reinforced by Sir Phi..

Pitt, R., European Refining & Marketing

Despite the figures that many of the multinational and national oil companies are turning in for 2002, the immediate future continues to look tight. This point was reinforced by Sir Philip Watts, Chairman of the Committee of Managing Directors, Royal Dutch/Shell Group at the recent Institute of Petroleum Dinner in London. In his address, he said, "The events in the Middle East are deeply troubling. It is not just the present uncertainty but also the longer term potential for instability and the alienation of many in the Islamic world from the West that concerns me. And this comes at a time when the outlook for the global

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