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Sector: Power - Oil
Project Type: Brownfield
Project Status: Operational
Region: Europe
Sector: Power - Oil
Project Type: Brownfield
Project Status: Under development
Region: Latin America
Sector: Power - Oil
Project Type: Greenfield
Project Status: Planning/Pre-development
Region: North America
Sector: Power - Oil
Project Type: Greenfield
Project Status: Planning/Pre-development
Region: Europe
Sector: Power - Oil
Project Status: Operational
Region: Asia
Sector: Power - Oil
Project Status: Operational
Region: Asia
Sector: Power - Oil
Project Status: Operational
Region: Asia
Sector: Power - Oil
Project Status: Operational
Region: Asia
Sector: Power - Oil
Project Status: Operational
Region: Asia
Oil companies are bracing for leaner times. The threat of a supply glut and general unease about the sector appears to have forced a reaction from exploration and production companies, which have slowed drilling activity and are attempting to realise greater efficiencies through consolidation and cost cuts.
The US Energy Information Administration (EIA) expects a significant decline in the price of oil as growth in the global supply vastly surpasses growth in demand for petroleum products.