Industry Developments

The landmark reversal of Enterprise Product Partners and Enbridge 's Seaway pipeline provides the first direct link from Cushing, Oklahoma to the country's main refining centre... 2012-05-22

BMI View: Despite production falling by 4.67% year-on-year (y-o-y) in Q112, Chevron's earning rose by 4.19% for the period. This was mostly thanks to record-high energy prices and to... 2012-05-22

US natural gas producer and shipper El Paso Corporation has become the latest to apply to the US Department of Energy for an LNG export permit. Officials are now considering 11 separate... 2012-05-21

Interest in the Permian basin is heating up after Anadarko Petroleum's chief executive revealed that the company was looking at a possible acquisition of Chesapeake Energy's assets... 2012-05-17

Oil major Royal Dutch Shell is planning to construct a massive liquefied natural gas (LNG) export facility on Canada's west coast in a bid to benefit from the sizeable arbitrage between... 2012-05-16

A US$3bn loan has given Chesapeake Energy some breathing space as it seeks to avoid a fire-sale of assets to meet debt repayments. While the company's share price rose 4.8% on the news,... 2012-05-15

A US$3bn loan has given Chesapeake Energy some breathing space as it seeks to avoid a fire-sale of assets to meet debt repayments. While the company's share price rose 4.8% on the news,... 2012-05-15

We expect investors to welcome the news that US independent Concho Resources is set to boost its Permian basin portfolio through the US$1bn acquisition of Three Rivers . The deal... 2012-05-14

BMI View: A new report published by Mexico's National Hydrocarbons Commission has underlined that Pemex's monopoly position has forced the company to adopt conflicting strategies. The... 2012-05-14

We expect investors to welcome the news that US independent Concho Resources is set to boost its Permian basin portfolio through the US$1bn acquisition of Three Rivers . The deal... 2012-05-14