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UTC Energy Investment Series
Investing in the World Energy Market
This is the irst in a series of articles on the general theme investing in energy. The series will cover six areas including the world energy market, energy value chain, risk of energy investments, growth poles in the local energy sector and alterna- tive energy. This series aims to demystify energy and improve local investor confidence about energy sector investments. Today’s install- ment looks at the future of the World Energy Market …
The Energy Value Chain
Energy firms occupy two of the top five positions on the Fortune 500 list of most profitable companies. Exxon-Mobil with profits of US$ 36 billion, six times the annual budget of Trinidad and Tobago, was the world’s most proitable company in 2005, while Chevron reaped some US$ 14 billion. The proits of integrated oil and gas companies are derived from their participation in the entire value chain - from source to final consumer …
Trinidad and Tobago Unit Trust Corporation