
Oil market recap: Week ending 14 December 2014
The latest oil market movements from PIRA Energy Group.
Stay up to date with the latest news and updates from the downstream industry.

The latest oil market movements from PIRA Energy Group.

New features on Hirschmann modular switch enable easier installation, space savings and higher network availability.

Some of the latest contract news from companies active within the global oil and gas industry.

According to the Institute for Energy Research (IER), it is worth highlighting the tremendous impact that US production – and hence, US government policy – has had on falling oil prices.

According to research by consulting firm GlobalData, global ethylene capacity will rise from 167 million tpy in 2014 to an estimated 208.5 million tpy by 2017.

Richard Palmer analyses a major issue of the moment in Australian oil and gas.

According to the US Energy Information Administration (EIA), US household gasoline expenditures in 2015 on track to be lowest in 11 years.

A round up of some of the latest oil and gas industry news from around the world.

Oman leads the way in enhanced oil recovery, according to Raoul Restucci, managing director of Petroleum Development Oman.

According to the ICIS China Annual Petroleum Report, growth in demand for refined oil products in China has collapsed in 2014.

Fitch Ratings has taken a look at the global oil outlook and what is happening to oil prices.

The installation works to connect three producing wells to the production facilities has now been completed.