Before answering this question, there are at least three aspects which need to be established. First, is the attractiveness of Hong Kong as a Centre of trade & commerce in South East Asia, really because of China or is it because of Hong Kong, trade routes to China become navigable? Second, what percentage of GDP [...]
The Offshore Support Vessels sector and Offshore Supply Base sector are two core components of Offshore Oil & Gas sector, which must remain available and can’t be shutdown. The petroleum products demand fluctuations can only impact the production rate of operating fields and slowdown in new deep water E & P project investments. It is [...]
Environmental friendly initiative will always target on the largest and the most obvious contributor to not only energy demand but also pollution. This is the first time that any UN Convention has been endorsed by such a large number of member nations. What this implies in the medium to long term for Oil & Gas [...]
Looking at the facts and figures, there is no real downturn on the demand side of the oil as a source of energy. Neither there has been any drop in production rate of OPEC since Year2014 to 1Q2016. It is only the lower than expected economic growth of major economies, which has caused the Oil [...]
