Global energy demand will increase by 25 per cent between 2014 and 2040, driven by population growth and economic expansion, according to the 2016 edition of ExxonMobil’s The Outlook for Energy, which gives a long-range forecast of energy trends
Industry
M&A activities to surge this year, companies to look East
The need to capitalise on distressed situations, grow international market share and acquire new technology will drive a surge in M&A activity in the oilfield services sector during 2016, according to a new research from international law firm Pinsent Masons
KPC mulls selling bonds to boost oil projects investments
Kuwait Petroleum Corporation (KPC) is considering selling bonds to help pay for a planned investment of US$100bn over the next five years to boost its oil output
Borouge invites young Emiratis to new innovation centre
Borealis and Borouge welcomed a number of young UAE students and representatives from the Emirates Foundation on a joint tour at the recently inaugurated Borouge Innovation Centre in Abu Dhabi
Six Sigma programme to enhance quality for cable gland firm
Cable gland and cleat manufacturer CMP has launched its Lean Six Sigma campaign in a bid to strengthen its reputation for quality and reliability