This work addresses important issues of petroleum development as they relate to developing countries, with particular reference to the current uncertain state of the market and relatively low prices. It is an interdisciplinary study containing contributions from authorities worldwide and investigating the legal, economic and policy issues underlying petroleum development.

"This book on the Petroleum Resources addresses the challenges of transforming hydrocarbons that exist in underground, to valuable products that can be sold and delivered. It is intended for readers who have a professional or student interest in the petroleum industry, and a basic level of prior knowledge in the technical and commercial aspects of the industry. The goal of the book is to increase the reader's general understanding of key work processes in the "upstream" part of the petroleum industry; that is, the part of the industry that locates underground resources and converts them to valuable products."