Roberto Abraham Scaruffi

8 January 2015

	Windfall tax on petrol firms sought Companies which own petrol stations should be hit with a windfall tax unless they pass on deep drops in oil prices to British drivers through cheaper fuel, a Tory MP has said

	Everest terminates Global Energy farm-out agreements The farm-out agreements between two industry bodies have been terminated due the fall in oil prices.Global Energy Development said the farm-out agreements for its Bolivar and Bocachico association contract areas in Columbia with Everest Hill Energy Group Ltd have been cancelled

	Stocks rise as oil price steadies Encouraging economic news and a rare rise in oil prices helped give the US stock market its first gain in the new year. Major indexes started climbing from the opening bell, following a report from ADP, the payroll processor, which showed that businesses hired more workers last month

	Industry safety group reveals measurement strategy for helicopter passengers Industry group Step Change in Safety has revealed its measurement strategy for helicopter passengers travelling to and from offshore installations. The moves comes after Step Change announced last year that passengers will be measured by the width of their shoulders for flights

	Brent price drop halts - but warning of steeper falls ahead The steep decline in oil price paused yesterday for the first time in five days, after benchmark Brent caused consternation as it fell to below $50 a barrel

	Ewing to make call amid 'oil crisis' Scottish Energy Minister Fergus Ewing has called for a “stable and proportionate fiscal regime” to help the oil industry through the current crisis

	Renowned trader Hall sees $40 oil ‘absolute price floor’ Oil prices have almost bottomed out and “some recovery” is likely by the second half of the year as demand picks up, commodity hedge fund manager Andrew J

	Scottish Secretary to meet with Statoil team The Secretary of State for Scotland will discuss the impact of falling oil prices on a visit to Aberdeen to meet staff from Norwegian oil company Statoil

	PM vows to help North Sea oil and gas industry Prime Minister David Cameron has pledged that the UK Government will do "everything we can" to help the North Sea oil and gas industry as prices continued to fall

	Oil exports from US jump to record as shale output booms The US exported a record amount of crude oil in November after a five-year run of production growth that has made the country the most oil-independent in 20 years

	Climate fears prompt call over coal More than four fifths of the world’s coal reserves cannot be burned if global temperatures are to stay below dangerous levels, a new study has suggested

	UAE Energy Minister says oil glut could run for years Oversupply in crude markets could take months or even years to fix depending on when producers outside OPEC cut their output, Abu Dhabi-based The National reported, citing comments by UAE Energy Minister Suhail Al Mazrouei

	BG senior vice president takes up MD role on Trans Adriatic Pipeline project A senior vice president for BG Group will take over as managing director of the Trans Adriatic Pipeline. Ian Bradshaw will take up his new role in February after working for the BG Group since 2005

	Opinion: Get a move on! Slash NS tax burden forthwith Today, the price of Brent bland passed to the dark side, falling below $50 a barrel though it did cheer up a little later. Given the now colossal slide from $115 on June 19 and the determination of OPEC to stick to its decision made in November to defend market share, it is hard to know when and where bottom might be reached