Industry Developments

BMI View: Sinopec's involvement in the Coega refinery ends PetroSA's long search for a partner to help finance the refinery's construction. Given Coega's location, we expect the refinery... 2012-05-22

Mozambique's gas bonanza just keeps getting bigger. Days after Anadarko Petroleum 's success at Golfinho, Eni has struck gas with its Coral-1 probe. The find has uncovered a new... 2012-05-17

BG Group 's Mzia-1 probe has identified a new hydrocarbon zone in the deeper cretaceous section of Tanzania's offshore Rovuma basin. The well de-risks other prospects in the region... 2012-05-16

BMI View: Royal Dutch Shell has confirmed that Qatar's sovereign wealth fund has acquired a stake in the company. This comes after Total recently announced that the Emirate had raised... 2012-05-16

CFW View: Royal Dutch Shell has confirmed that Qatar's sovereign wealth fund has acquired a stake in the company. This comes after Total recently announced that the Emirate had raised... 2012-05-16

BMI View: The discovery of 12-20m of net pay in Puntland's Dharoor Block is good news for Horn Petroleum, Range Resources and Red Resources which have invested in Somalia at a time... 2012-05-15

BMI View: Afren's Ebok North Fault Block discovery underlines Nigeria's high prospectivity. However, large-scale exploration continues to be hampered by both security risks and uncertainty... 2012-05-14

BMI View: the announcement of 8-10bn bbl discovery in the Iranian section of the Caspian Sea is only the latest in a string of unverifiable large finds made since 2009. Although we... 2012-05-11

BMI View: Details of Tullow, Total and CNC's investment plans in Uganda suggest that the completion of the three companies' farm-out deal has finally allowed investment in the country... 2012-05-10

BMI View: ConocoPhillips' reported decision to sell its Nigerian assets underlines the security risks associated with exploration and production in such a volatile nation. However,... 2012-05-09