Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 40 : 2-Apr-15
Wood Mackenzie has forecast an upturn in mergers and acquisitions activity in the oil and gas sector in the second half of 2015, due to the downturn in the crude oil price. The price of Brent crude oil was trading at around $US55 per barrel on 1 April, compared with $US115 in mid-2014. Wood Mackenzie also expects growth in demand for LNG in Asia to slow in response to the falling price of oil
CORPORATES
WOOD MACKENZIE, WOODSIDE PETROLEUM LIMITED – ASX WPL