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Oil ($/bbl): Nymex Crude Future 88.00, Dated Brent Spot 104.38, WTI Cushing Spot 87.82 Natural Gas ($/MMBtu): Nymex Henry Hub Future 2.39, Henry Hub Spot 2.39, New York City Gate Spot 2.58 Oil entered … more

Of all of the world's 100 largest economic entities in 2010, 42 (42%) are corporations. The largest, as in 2009 was Wal-Mart, whose 2010 revenues exceeded the GDPs of 171 countries making it the 25th largest economic entity in the world. The next group in terms of size is energy majors with the combined revenues of the five largest players (Royal Dutch Shell, ExxonMobil, BP, Sinopec and China National Petroleum) equivalent to 2.5% of global GDP in 2010. A key trend is the movement from West to East as global challengers from rapidly developing economies (RDEs) continue to grow their economic power - along with their countries. Among the Top 100 economic entities there are now 6 RDE companies versus just 1 in 2000, and looking at the Top 150 the number of RDE companies tripled between 2000 and 2010 to 15.

Involving both offshore and onshore developments, Barzan Gas Project is a vital project expected to sustain and fuel the ongoing and future major infrastructural projects in Qatar. The $10.3bn project is being implemented by RasGas, a joint venture (JV) of Qatar Gas and ExxonMobil.