
Energy has larger price declines than most non-energy commodities in 2014
Crude oil and petroleum product prices ended the year with the largest price drops of all major commodities in the S&P Goldman Sachs Commodity Index.
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Crude oil and petroleum product prices ended the year with the largest price drops of all major commodities in the S&P Goldman Sachs Commodity Index.

Highlights from a speech given by the Chairman of Essar Oil Limited at the company’s Annual General Meeting.

Balancing energy efficiency improvements with process control requirements is eliminated with ABB’s synchronous reluctance (SynRM) motor and variable speed drive (VSD) packages.

Catch up with some of the refining industry news you may have missed from the Americas over the festive holidays.

AVEVA has acquired 8over8 with the aim of reducing project costs and schedule overruns.

The existing Shaikan production facilities are now producing from seven wells with Shaikan-8 expected to come online in January 2015.

According to IHS, despite crude oil price decline, global upstream M&A transaction value rose in 2014.

Petrobras has reached a new historical record of daily oil and NGL production with over two million bbls.

PIRA Energy Group looks at movements in the oil market for the week ending 28 December 2014.

According to EY, the appetite to execute deals is cautiously growing, and deal pipelines are set to expand further.

According to the EY Capital Confidence Barometer, despite an increase of disruptive geopolitical influences, greater confidence in global economic stability lays the foundation for future M&A.

Halliburton reported that it has officially opened a new base in South Australia to service its customers in the state’s growing energy sector.