Business news - 06 January 2014

Production from the Eagle Ford Shale will continue to grow in 2014, fuelling a reduction in net crude imports.

General partner of Summit Midstream Partners to acquire interest in Utica Shale gathering system in Southeastern Ohio.

According to the US Energy Information Administration, shifting production and demand patterns altered oil markets in 2013.

Technip wins two contracts for ultra-deep water fields and helps Petrobras push back subsea frontiers.

Steven Kopits, Douglas-Westwood New York, explains how surplus oil from rapid US unconventionals growth is unlikely to harm the deepwater industry.