2006 is starting with ordsprog

2006 is starting with only minor changes in international dairy fundamentals. New Zealand production is still expected to be down 2 to 3 percent on last year, despite hopes of a late season production rally.

Oman's oil production has been declining over the last few years. Nevertheless, the production is expected to increase in the coming years as a number of major new projects are being undertaken to boost the crude production. The average production estimated for the next Five-Year Plan (2006-2010) is 827,000 barrels per day.

Abdulnabi Macki

Originally, we started the Minor Theatre … with the hopes that it would generate money and support the production of film. That was really the purpose of doing the Minor.

It will help deliver production per share growth for Talisman, which is now expected to be in excess of 10 percent per annum from 2006 through 2008,

Paradoxically, the price strength of the past couple of days makes a production cut ... less likely, ... If OPEC does cut production it will be reacting to perceived weakness in market fundamentals later on this year.

Paradoxically, the price strength of the past couple of days makes a production cut ... less likely. If OPEC does cut production it will be reacting to perceived weakness in market fundamentals later on this year.

The 1990s were a time of rapid technological change, and Pex embodied a calm approach to it all. If they do get it into production before the end of the year they could get a good half of production in 2006-07.

Everything is on the table. We didn't have the production we wanted late in the year. But we did make a big jump. It's a matter of evaluating everything and seeing the ways that we can help ourselves get more production. It's a little bit strategy, and it's certainly personnel.

Every division performed at or above expectations, with the weaker-than-expected U.S. volumes more than offset by strong margins. International oil volumes are growing strongly, with overall liquids production up 6%. We see a 1.7% growth in volumes in 2006.

We're heading into what is expected to be our worst year on record. We're predicting a 20 percent loss in production, which is equal to $100 million.

Metal and mineral prices are generally expected to ease in 2006, although solid demand, low inventories and limited production growth should keep them close to previous-year levels.

In 2005, we executed a dynamic drilling program, posted a 16.2 percent daily production increase, achieved a 35.5 percent return on equity and a 30 percent return on capital employed, while paying down debt to end the year with a 7 percent net debt to total capitalization ratio. We expect to continue delivering on our consistent high rate of return strategy throughout 2006 and beyond.

It could really have a major impact if we have a couple of storms go through there and shut in production, ... A few days of shut-in production isn't going to mean much. But if we have another Ivan, which knocked off some production for months last year, it could be significant.

However, if bird flu results in a permanent reduction in world poultry production, an increase in red meat production might eventually be required, resulting in increased feed consumption in the long term. Domestic demand prospects also remain strong due to increasing livestock production and expanding ethanol production. These developments should support increased corn consumption well beyond the 2005-06 marketing year.

Overall industry production is expected to remain stable at elevated levels throughout 2006-2007.

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