Petrochemicals - 03 February 2015

Some of the latest announcements from the global oil and gas sector.

According to the US Energy Information Administration (EIA), the US average regular retail gasoline price is increasing for the first time in 18 weeks.

The US Department of Energy has put forward its budget requests for the 2016 financial year.

EY has said that oil and gas mergers and acquisitions will remain resilient despite the 2014 downturn.