Energy and Inefficiency
It has been predicted that oil reserves will only last for 40-50 years. It is now more than 50 years since the first oil was discovered and oil & gas …
China’s Economic Slow Down – Mining Industry Meltdown
China’s economic slow down is causing the mining industry meltdown. Iron-ore producing nations that are at risk of scaling back or have scaled back production including the Philippines. However, big …
Merger & Acquisition – Market Strategy or Monopoly
Jacobs bought Aker Solutions and Sinclair Knight Merz. AMEC merged with Foster Wheeler. Halliburton bought out Baker Hughes. The next big one, Shell planned acquisition of British Gas (BG) for …
EPC Companies Feeling the Heat of Plunging Oil Price
EPC companies are feeling the heat with the lull of big projects caused buy the plunging oil prices. Forecasts indicate that 2015 – 2016, Oil companies will not engage in …
Bombing Raises Oil Price
Saudi bombs Yemen raises oil price to almost $60/bbl. Is war the solution to oil price stability? It is perceived that the Shiite Houthis have received some support from Iran, …
Oil Price Slump – Irony of Life
Most people are happy that oil price has been down. It only cost half the price to fill a full tank of petrol at the gas station compared this time …