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The year ahead carries many trends that should be closely watched and Wood Mackenzie has listed the 5 most important ones for energy and natural resources.

Naftogaz started production at five new wells.

Offshore EPC spend is expected to total $276 billion, a 71 percent increase compared to the preceding five-year period, Westwood says.

There is a large opportunity for companies and countries to significantly reduce carbon output by creating electricity from flare gas.

Floatel International has been tagged by Aker BP to provide two accommodation support vessels for two projects in the North Sea.

A cluster of Saudi Arabian oil tankers that are idling in the Red Sea is showing tentative signs of shrinking.

Fluor marked a milestone as it completed the module fabrication program in an LNG Canada project in British Columbia.

For world oil markets, a pact is already taking effect.

Wherever you look outside of Russia, there is precious little sign of the oil production cut that President Vladimir Putin and other government officials say is underway.

The Shell Petroleum Development Company of Nigeria Limited announced that the Forcados oil terminal will resume export operations by the end of the month.