Refining

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.

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

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

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.

According to the Deloitte 2014 Oil & Gas Survey, most industry professionals are supportive of broadening into new markets.

PIRA Energy Group looks at movements in the oil market for the week ending 21 December 2014.

According to the Deloitte 2014 Oil & Gas Survey, industry experts are overwhelmingly positive about prospects for 2015.

According to the Deloitte 2014 Oil & Gas Survey, industry professionals believe that the overall state of the industry is good.

Kline’s December index of base stock production and re-refining cash margins reflects continuing turmoil in oil markets.

The US Energy Information Administration (EIA) discusses US gasoline and diesel price movements over the past week.

The results of DNV GL’s fifth annual industry benchmark study on the outlook for the oil and gas industry will be launched on Monday 19 January, 2015.