Industry Developments

BMI View: The nationalisation of TEPCO has created new momentum behind the beleaguered company's overseas operations as the government's energy security priorities take centre stage.... 2012-05-16

While the deployment of CNC's first deepwater rig is a landmark development for China's offshore oil and gas industry, it is likely to intensify an increasingly bitter territorial dispute... 2012-05-11

While the deployment of CNC's first deepwater rig is a landmark development for China's offshore oil and gas industry, it is likely to intensify an increasingly bitter territorial dispute... 2012-05-11

BMI View: India's Oil Ministry has penalised Reliance Industries for failing to meet agreed production output targets - further raising the regulatory risks for those hoping to invest... 2012-05-08

BMI View: China will see its first deepwater semi-submersible, Ocean Oil 981, come online, marking a new milestone in the development of domestic high-spec capability in oil and gas... 2012-05-04

BMI View: PetroChina's positive Q112 results is attributed to a strong performance in its upstream segment. As in 2011, overseas production has again risen and we expect to see its... 2012-05-02

BMI View: Japanese trading houses Mistui and Mitsubishi have agreed to buy a 14.7% stake in Woodside Petroleum's Browse LNG project for US$2bn. The deal reflects strong Japanese demand... 2012-05-01

A second licensing round in 12 months illustrates how impatient the Philippines is to encourage upstream investment as it seeks to reduce a growing oil import burden. The plans risk... 2012-04-30

BMI View: The announcement that Chinese state-companies ICBC, CNPC and Sinopec would be interested in financing 'practically all' of Ecuador's US$12.5bn Refineria del Pacifico project... 2012-04-25

BMI View: The launch of Indonesia's first 2012 licensing round comes after a string of rather disappointing tenders. Although frontier deepwater acreage and more generous terms could... 2012-04-24