Predictions for Oil & Gas 2015
From continuing civil strife in the Cradle of Civilisation and the emergence of a terrorist-led pretender state in the Fertile Crescent, to a conflict in Central Europe that shows no sign of abating: nobody could say that the fourteenth year of the 21st century passed into history without event.
Oil prices have been slashed by more than half over a six month period, and we see warnings of dire economic hardship in the months ahead as the Eurozone slips into a deflationary funk, and even the Chinese Dragon is left to brood on lower than expected growth.
As 2015 dawns we’d like to indulge in a spot of informed guessing, with a side order of crystal ball-gazing and try to predict some of the trends that we think will form the oil and gas industry this calendar year.
It is always a tricky business to try and presage the shape of things to come, and as we stare into the aetherof events yet to unfold, I certainly hope that our efforts are misbegotten in more than one instance...
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