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Denmark is likely to remain an oil and gas net exporter over our forecast period, despite production decline. The government is confident the country will sustain its position as a net exporter of oil and gas until the end of the decade. We expect a partial recovery in oil and gas volumes over the medium term. However, we forecast that overall production will decline in the long term and that exports will become increasingly thin by the end of our forecast period despite a small drop in consumption.

Nigeria's hydrocarbon sector continues to struggle amid a worsening political and business environment. Most recently, Chevron's decision to move out of the OKLNG project signals that even the large upside potential of the Nigerian gas market is not sufficient to offset the degradation in investor sentiment. The weak output flows in 2012 and 2013 were the consequence of flooding, repeated oil thefts and regulatory uncertainty. We estimate that total oil production for 2013 declined to about 2.4mn barrels per day, and expect production to remain feeble over the coming year. Output should ramp-up more significantly as many large fields come online after 2015, more than offsetting current depletion. Adoption of the Petroleum Industry Bill (PIB), which we do not expect before the Nigerian 2015 election, would be a strong signal for investors that Nigeria's hydrocarbons sector is ready to move forward. Without the adoption of the PIB, further offshore project delays could occur, resulting in a stagnation of Nigerian production.

An uptick in offshore investment is providing some relief from the overall downward trend in oil and gas production from the UK. While we see a small boost to oil production from 2017 onwards based on current projects in the pipeline, without new discoveries and given falling volumes from mature fields, this will likely only stem the decline or lead to a small-scale and temporary increase in the country's oil production While the industry has responded positively to the end of a moratorium on shale gas development, as well as to incentives, strong opposition at the local level has already disrupted drilling plans. These challenges only reinforce our view that shale gas is unlikely to make a significant contribution to total gas output before the tail-end of our forecast period.

We foresee a steep learning curve for the Greek authorities as they attempt to establish Greece as a destination for exploration and production (E&P) investments. The multi-month delays (on account of fiscal and taxation issues) in the finalisation of the open-door licences in Ioannina and the Gulf of Patras and the nebulous arrangements of the Katakolo licence, along with an ongoing 20-month delay in appointing the statutory hydrocarbons supervisory and management agency (EDEY AE), testify to the inability of the Greek authorities to move through the process (even of this small licensing round) in a timely manner - a negative precursor to the government's aspirations for an international licensing round.

Gas production from the Tamar field has largely made Israel self-sufficient in natural gas supplies, though the country did require an emergency LNG cargo during a rare December snow storm. We expect stagnation in production growth in 2015 as bottlenecks at the onshore receiving facility at Ashdod will limit output to 10.5bcm. This should be resolved by 2016 in sufficient time to take output from the Leviathan field where development is due to begin in mid 2014. Gas from Leviathan could flow from late 2018 with export opportunities increasingly likely from this point. We see comparatively strong liquids upside with growing condensate volumes from Tamar and eventually Leviathan.

Oil production is set for robust growth in the short-term, as new projects are brought online or ramped up to peak production levels. However, after peaking in 2016, we forecast output to fall, as new discoveries are insufficient to offset declining volumes from the flagship Bach Ho field. New developments have the potential to boost long-term gas production, but we note that stalled progress on the Block B project could dampen the country's mid-term gas production outlook.

While the start of major upstream projects over in the coming quarters highlights Iraq's potential, volatile production, a challenging security situation and unresolved issues with the Kurdistan region underscore the country's challenges. Although we expect strong growth in both oil and gas output over the course of our forecast period, we expect delays and setbacks to continue, causing production to underperform in light of the country's raw potential. A resolution to the political situation between Baghdad and Erbil will be a key challenge to achieving production targets and long-term growth, particularly with new export infrastructure from Kurdistan to Turkey in place.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

Cabot Oil & Gas Corporation (Cabot), an independent energy company, is primarily engaged in exploration, development and production activities in the US. Its primary operations are concentrated in Pennsylvania and south Texas. In the Pennsylvania region it is present in the Marcellus Shale through its interest in the Dimock field, which is located in the northeast of the region.

Croatia is expected to launch a licensing round for offshore gas and oil exploration in the central and southern Adriatic by Q214. This comes after a survey revealed promising deposits of oil and gas in the region, according to Croatia's Economy Minister Ivan Vrdoljak. Before promoting the licensing round, the country will define the concession blocks that will be put on offer to the companies interested in exploration activities in the Adriatic.

Sub-salt discoveries, oil sands and a revamping of the regulatory framework will dominate most discussions of the petroleum sector in the Republic of Congo in 2014. As the country struggles with a steady decline in production and a lag of new replacement projects in the near term, the government is sending strong signals that it realises measures have to be taken to reverse the trend by modernising the regulatory system, cooperating with its neighbour Angola and standing firm on its commitment to what could be the first bitumen oil sands development on the African continent. While the prospects for a spike in production are quite limited in the 2014-2015 window, the extension of the Moho-Bilando deepwater field will bring new production on-stream in two phases in 2015 and 2016. We are factoring this new crude into the country's production outlook for 2016-2017. It will help make up for premature depletion of the Murphy Oil-led Azurite offshore field. The company announced in 2013 that it could release the FPSO before the contract expires in 2016. A late 2013 crude discovery by CNOOC and its partner ORYX on the Haute Mer offshore block was scheduled to undergo testing in early 2014 as part of a multi-well drilling and testing programme, according to ORYX, the junior partner.

In the race for attention and upstream investment interest, Hungary is only marginally in the race in central Europe. Despite many desirable elements; a clean regulatory process, proximity to hundreds of millions of customers, a well run downstream sector and pipelines to deliver goods, try as it might, Hungary has so far failed to identify source rock in sufficient quantity and quality to hold out hope of the elephant size discovery that lures the super majors and their large exploration budgets. That said, there are some smaller independents that remain committed and convinced that the absence of competition from those super majors clears the field for them.

The Bulgarian business environment remains challenging, suffering from high levels of corruption and inefficiency, while a moratorium on hydraulic fracturing remains in place. Bulgaria's oil sector is uninspiring with limited new activity and a continued decline in domestic production. Upside in Bulgaria's oil and gas sector comes from the US$1.2bn investment to upgrade the Neftochim refinery which will add a 50,000 barrel per day vacuum distillation unit, and from the natural gas sector which is looking increasingly positive. New gas projects being brought online both on and offshore will add to domestic output, as well as growing prospects from offshore seismic projects.

With a moratorium on shale gas exploration, the Czech Republic will remain highly dependent on imported fuel, as conventional hydrocarbons potential is limited. Demand trends are not strong, but refinery disruptions and the closure of the Pardubice refinery show that the domestic fuels market is in a precarious state of balance. This, in turn, has prompted the government to investigate ownership options for the national refining segment, with Shell having sold its 16.33% stake in Ceska Rafinerska to Unipetrol in January 2014.

Although Italy is thought to retain moderate untapped hydrocarbons potential, bureaucratic and regulatory challenges are set to hamper previously outlined goals to reduce the country's hefty import burden. Despite the start of production from the Tempa Rosa field from 2017, we see only limited upside risk to our production forecast from current exploration and production efforts. While we expect increased reliance on liquefied natural gas (LNG) imports as new infrastructure comes online, we are not yet assuming all planned terminals will go ahead, given delays to other plans. We also see risks that Italy's sizable downstream sector will see further downsizing as the sector struggles under the pressure of persistently low margins.

Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Extraction of Crude Petroleum and Natural Gas market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change.

Green Auto Lube, a soon to be opened responsible oil change companies in the United States, offers a protective oil change in Spokane, WA. The oil change this company will offer comprises two options;Re-Refined Oil Change and Bio-Based Oil Change.

Carbon Cycle Crush is offering expeller-pressed Canola meal to help local farmers maintain a healthy line of cattle. With the help of itsexpeller-pressed crushing facilities, the company offers Canola meal that is rich in Omega-3 and also contains high levels of other needed nutrients.

Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Manufacture and Distribution of Gas market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change.

Since the 2011 Fukushima Daiichi nuclear disaster and the 2012 presidential elections, French dependence on nuclear energy has been under the spotlight and has been set to be diluted in favour of renewables. While the country's current energy policy is unclear at the moment, President Francois Hollande's pledge to reduce the country's reliance on nuclear energy from 75% to 50% by 2025 could very well make room for greater gas-fired power generation in the coming years. Indeed, should a nuclear reduction occur (even in a smaller amount than targeted), the compensation for lost capacity would see an increase in renewable energy, gas and/or coal fired power generation. Given France's minimal domestic gas production and that shale gas exploration and production in unlikely within our forecast period, increased gas consumption would see rising gas imports. However, given the strong influence of the nuclear lobby in France, the future of energy growth is uncertain. The outlook for refiners and fuel distributors remains poor.

GlobalData's "Upstream Oil and Gas Quarterly Deals Review, Q4 2013 - Similar Deal Activity among Corporate M&As and Capital Markets" report is an essential source of data and trend analysis on mergers and acquisitions (M&As) and financings in the upstream oil and gas industry. The report provides detailed information on M&As, equity/debt offerings, partnerships, and PE/VC transactions registered in the upstream segment in Q4 2013. The report provides detailed comparative data on the number of deals and their value in the last five quarters segregated into deal types, segments, and geographies.

Q2 2014 should see some significant changes in the Indian oil and gas sector. Firstly, the government set gas price will double to US$8.4/mnBTU on April 1 creating greater incentive to invest in more costly and technically challenging gas resources. This will be supported by the opening of the NELP X licensing round, where India is due to offer 46 new blocks allowing companies to prospect for all types of hydrocarbon resources, including shale. However, also introduced for NELP X will be a change from profit sharing contracts to revenue sharing contracts. We believe this could dissuade interest from a number of major international oil companies, particularly at more technically challenging developments.

Canada is one of the world’s biggest oil reserves in the world, next to the world’s first – Saudi Arabia. Alberta is a province located in western Canada, which is rich with a beautiful environment, plentiful natural resources, a strong economy, and a stable political system. There is an estimated 1.7 to 2.5 trillion barrels of bitumen in Alberta’s oil sands. Current production rates project that resources from Alberta’s oils sands could provide Canada’s energy needs for more than 500 years. This is equivalent to the world’s needs for up to 15 years.

ExxonMobil will imminently move forward with its appraisal of the Domino-1 discovery in the Black Sea discovery, signalling a positive turn in Romania's upstream outlook. Further exploration efforts in the Black Sea from international oil companies (IOCs) are providing upside risk to the country's outlook.

Nationally Syndicated Financial Myth Busting Radio Show with Host Dawn Bennett, CEO of Bennett Group Financial Services, LLC, on March 9, 2014, interviewed Diana Furchtgott-Roth, Former Chief Economist at the Department of Labor and Senior Fellow at the Manhattan Institute, on how Washington can weaken Russia and enrich America by expanding exports of natural gas through free trade.