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Oil Output Declines Will Accelerate

Crude production in Colombia continues to suffer from a lack of profitability from sustained weakness in oil prices. Key producers in the country will scale back operations, supporting our downbeat...

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Stock Split An Underestimated Risk

Facebook's excellent Q116 results were overshadowed by its intention to split its stock, in order to consolidate control of the company. We believe this poses a risk in terms of weakening corporate...

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Patenga Refinery Expansion Unlikely

Fuel subsidies have crippled the finances of state-owned Bangladesh Petroleum Company and will hinder the proposed tripling of Bangladesh's refining capacity. Additionally, new-build refineries in...

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