Industry Developments

Anglo-Dutch major Royal Dutch Shell has made a much-anticipated confirmation regarding its shareholding in Australian independent Woodside Petroleum.

BMI View: ExxonMobil's decision to lessen its exposure to the Japanese downstream represents a strategic retreat. Indeed, despite spiking oil demand in the aftermath of the Tohoku earthquake,... 2012-01-31

Malaysia's bid to accelerate deepwater exploration is starting to bear fruit, with the county registering its second significant discovery offshore Sabah province in a matter of months.... 2012-01-27

BMI View: We expect Vietnam to become a small net importer of oil by 2015 as consumption growth - driven by possitive macro fundamentals- outstrips higher production. This is a trend... 2012-01-26

BMI View: Despite a recent duster and doubts over the commercial viability of previous discoveries, Cairn India has notified the Sri Lankan government of its intention to begin second-phase... 2012-01-25

BMI View: The announcement that Total has acquired a 10% stake in the Zhanjiang joint venture (JV) refinery from Kuwait Petroleum Corporation, which will now be left with a 40% stake... 2012-01-24

The Beihai LNG project demonstrates how Sinopec is establishing itself across the gas value chain with a strategy that will make it an important player in China's booming gas business... 2012-01-20

The EIA report into the market effects of exporting natural gas is likely to have a strong influence on the debate over potential LNG exports. It highlights the fact that domestic well-head... 2012-01-20

Two of Australia's biggest independents - Woodside Petroleum and Santos - have announced their Q411 results, both of which reported lower production figures and declines in sales volumes.

Asia's developing economies feature extensive state involvement in the oil and gas industry. This drags down industry risk scores, especially in the downstream segment, helping to ensure... 2012-01-18