December 2014
![December 2014](/cache/2014/12/OPEC-12.92003e19.jpg)
2014, December, 10, 21:10:00
OPEC CUTS DEMAND
Global demand for OPEC crude in 2015 is expected to fall to the lowest level in more than a decade and far below current output, the group said on Wednesday, pointing to a hefty supply surplus without OPEC output cuts or a slowdown in the U.S. shale boom.
![December 2014](/cache/2014/12/USA-88.db317615.jpg)
2014, December, 10, 21:05:00
U.S. OIL DEBT - 2
Plunging oil prices look set to trigger another wave of industry consolidation after a decade when mega-deals were scarce, but investors want to see mergers that can squeeze out cost savings and only after a lavish dividend is paid.
![December 2014](/cache/2014/12/ROSNEFT-69.01689645.jpg)
2014, December, 10, 21:00:00
ROSNEFT GAS OPPORTUNITIES
Rosneft wants to step up gas production and become the second largest gas company in Russia.
![December 2014](/cache/2014/12/SOUTH-STREAM-23.15888c06.jpg)
2014, December, 10, 20:55:00
TO KILL SOUTH STREAM
EAST EUROPE SCRAMBLES FOR ENERGY AFTER PUTIN KILLS SOUTH STREAM
![December 2014](/cache/2014/12/OIL-105.a599f6a0.jpg)
2014, December, 9, 21:20:00
OIL PRICES: UP & DOWN
The next few months are likely to be chaotic for the global energy industry
![December 2014](/cache/2014/12/USA-87.b3e29850.jpg)
2014, December, 9, 21:15:00
U.S. OIL DEBT
Renewed pressure on crude oil prices on Monday weighed heavily on the shares and bonds sold by US energy companies
![December 2014](/cache/2014/12/SAUDI-14.b8c94b73.jpg)
2014, December, 9, 21:10:00
OIL PRICES: SAUDI WEAPON
The main Saudi concern is to protect market share.
![December 2014](/cache/2014/12/ROSNEFT-68.040e9558.jpg)
2014, December, 9, 21:05:00
ROSNEFT: STRATEGIC DEVELOPMENT GOALS 2030
At its meeting December 9, the Rosneft Board of Directors approved the main strategic objectives for Company developments.
![December 2014](/cache/2014/12/SHALE-11.ed880659.jpg)
2014, December, 9, 21:00:00
SHALE GAS DECLINE
The recent confidence in shale gas was likely premature, according to several new reports published in the US. In particular a study from the University of Texas claims the US boom will tail off by 2020 and not keep going to 2040 as previous less thorough analyses have predicted.
![December 2014](/cache/2014/12/SOUTH-STREAM-21.a3bdfccd.jpg)
2014, December, 9, 20:55:00
SOUTH STREAM FIGHT
Europe is betting on the acceleration of the Southern Gas Corridor, which has been defined a key project along with the Vertical Corridor from Greece to Romania through Bulgaria.