New Publications,
New Owners
As Oil Daily and PIW grew, so did their catalogs of publications. Among the most important was Natural Gas Week (NGW), which the Oil Daily’s parent company launched in 1984. NGW was a leader in covering the emerging US spot natural gas market and the deregulation of US gas markets. In the 1980s, PIW spun off a new publication called Petroleum Market Intelligence, which eventually became today’s Oil Market Intelligence.
In 1988, Wanda Jablonski decided to sell PIW to Petroleum Finance Company, a Washington-based energy consulting firm, which owned PIW until the mid-1990s. In the following year, 1989, the parent company of Oil Daily was sold to a group of investors led by Raja Sidawi. Today, Sidawi is the chairman of Energy Intelligence Group, having merged PIW and Oil Daily in 1996 to create a single energy information company that combined the staffs, titles, and services into what is now Energy Intelligence.
In the late 1980s and 1990s, a number of new publications were launched, including Energy Compass, with its focus on the geopolitics of the energy business, especially oil and gas supply. In addition, World Gas Intelligence was launched in 1990 to cover the emerging globalization of natural gas trade and markets. Nefte Compass was launched at the time of the break-up of the Soviet Union to cover the transformation of its petroleum and gas business from a planned, Soviet system to a new, open system.