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Deloitte Report Examines the Future of Oil and Gas in the Middle East and Beyond

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Oil and Gas in Nigeria. Photo Credit: Godwin Joseph Igwe . 6 Dec 2011 07:00 Africa/Lagos Deloitte Report Examines the Future of Oil and Gas in the Middle East and Beyond Deloitte Report Examines the Future of Oil and Gas in the Middle East and Beyond PR Newswire DOHA, Qatar and NEW YORK, Dec. 6, 2011 DOHA, Qatar and NEW YORK, Dec. 6, 2011 /PRNewswire/ -- Deloitte Touche Tohmatsu Limited (DTTL) today released its third annual Oil & Gas reality check report at the World Petroleum Congress (WPC) in Doha, Qatar. The 2012 report examines how the oil and gas (O&G) sector could evolve in the coming year when considering the potential impact of trends that emerged in 2011—namely, Libya's evolving political landscape, Iraq's increased stability, Brazil's emergence as an industry player, the global push toward shale gas production, and the decoupling of gas and oil prices. According to the report, the governmental changes in Libya will have a deep impact on how its oil indu...