World Oil Magazine Rate Information
Issued September 1, 2009. Effective January 1, 2010.
1. GENERAL RATE POLICY
If more or less space than specified is used within one year from the date of first insertion, the rate will be adjusted to the earned rate published here. All rates quoted are in US dollars.
2. COMMISSION & CASH DISCOUNT
a. Agency Commission: 15% of gross billing to recognized agencies on space, color, handling and backup charges. Publisher reserves the right to hold advertiser and/or its advertising agency jointly and severally liable for monies due and payable to Publisher.
b. Cash Discount: 2% on net after Agency Commission, if paid within 15 days of invoice date. All invoices payable within 30 days. If advertiser prepays agency for scheduled advertising, agency shall likewise make prepayment to Publisher.
3. ISSUANCE & CLOSING
Published 12 times each year in three editions. Worldwide Edition provides coverage of the oil and gas industry throughout the world. International Edition goes only to subscribers concerned with operations outside the US and Canada. For rates for the North America edition, please contact the publisher. Closing date for scheduling and printing material is first of month preceding publication date (with the exception of the February issue, which closes on the 10th of the preceding month). Issued on first of month (except February on 15th of month).
4. GENERAL ADVERTISING RATES & SPACE UNITS
a. Frequency Rates: Number of insertions in a 12-month period determines frequency rate. Covers, each ad, each page of a spread, and each page of preprinted inserts count as one insertion toward earning a frequency rate.
b. Schedule #65: Worldwide Edition Rates, US dollars
c. Schedule #37: International (Outside US/Canada) Edition Rates
5. COLOR RATES (other than black)
a. Standard, Process Colors or Matched Colors
6. SPECIAL POSITION
Positioning: For any guaranteed special position, such as facing
editorial, there is a $750 Worldwide Edition premium, when available.
7. COVER RATES (Non-cancelable)
a. Cover rates include 4/C process charges. Contact the publisher for
additional charges if any other color is used.
b. Frequency: Based on total number of full pages on contract.
8. INSERTS
a. Standard Inserts: When furnished ready for binding, inserts take earned B&W rate plus a handling charge of $575.
b. Non-Standard Inserts: Contact the publisher.
9. CLASSIFIED ADVERTISING
Available in Worldwide Edition only.
a. Classified Display: $270 per column inch. Non-display: $25 per line, minimum four lines.
b. Consecutive Insertions: 10% discount on consecutive insertions.
10. ONLINE ADVERTISING
For current rates and information please visit www.WorldOil.com or contact your local sales representative.
11. COMBINATION FREQUENCY RATES
Advertisers will receive the lowest frequency rate, based on the total advertising insertions during the contract period, when any combination
of space is used in Gulf Publishing’s energy-related magazines: World Oil and/or Hydrocarbon Processing. One-quarter page is the minimum
rate-holder space unit for earning combination frequency discounts.
12. PUBLISHER’S COPY PROTECTIVE CLAUSE
a. Advertisers and advertising agencies assume liability for all content of advertisements printed and for any claims arising therefrom made
against the Publisher. The Publisher reserves the right to reject any advertising that does not conform to the publication’s standards.
b. Publisher will repeat the latest advertisement for scheduled space when no new acceptable copy is furnished.
c. Contracts, except for cover or specified positions, may be discontinued by either party on 30 days’ notice before the closing date and by the
Publisher without notice for non-payment of invoices. If more or less space is actually used within a year, the advertiser will pay for the space
actually used at the earned rate as published herein.
d. Contracts for covers and special positions are non-cancelable, except for non-payment of invoices at the Publisher’s option.
e. Cancellations accepted only before the closing date for reservations.
f. Advertising material not called for after one year will be destroyed unless the Publisher receives other instructions in writing.
g. Should mechanical requirements warrant, the Publisher reserves the right to print advertisements scheduled in the International Editions in
the Worldwide Edition.