Industry Developments
Canada
PetroChina's Canadian investment makes sense on two fronts: it increases the state-run company's access to unconventional expertise and it is likely to help pave the way for a large...
2012-02-03United States
We expect US natural gas production to continue growing in 2012, albeit at a much slower rate than in 2011. While we have revised down our forecasts, we do not see a contraction in...
2012-02-03United States
US-based Cheniere Energy has secured the world's largest buyer of liquefied natural gas (LNG) as a customer for its proposed LNG export terminal at Sabine Pass in the state of Louisiana....
2012-02-01Belize
BMI View: Treaty's discovery certainly presents strong upside risks to Belize's oil output, which could rise to 5,000b/d thanks to San Juan-2, and possibly more should further recoverable...
2012-01-31Brazil
Norwegian offshore rig provider Seadrill has provided further details on plans originally unveiled in 2011 to launch an initial public offering of shares in its Brazilian unit Seabras...
2012-01-27Peru
BMI View: Reports that Petroperú is considering upstream investment in Ecuador is in line with the company's growing ambitions. The firm, which last produced crude in the 1990s, is...
2012-01-27United States
The US Energy Information Administration (EIA) has significantly slashed its resource estimate for recoverable shale gas in the US by around 40%.
2012-01-25United States
BMI View: Tesoro has offered to sell its ailing 94,000b/d Hawaii refinery 'no sooner' than H212, but is unlikely to find a buyer due to difficult market conditions and the location...
2012-01-24
