Industry Developments

BMI View: Total and Petrochina's decision to start-up the 3bcm South Sulige project in China's Inner Mongolia province underlines China's willingness to encourage unconventional means... 2012-04-20

BMI View: The Chinese Cabinet's approval of a 400,000b/d refinery - to be built by Petrochina and PdVSA in Guangdong province - will be welcomed by both partners. Indeed, BMI views... 2012-04-19

BMI View: New reports suggest that China will hold its 2012 shale gas licensing round in July and August 2012. BMI believes that national behemoths in the oil and gas and power sectors... 2012-04-18

Spanish utility, Gas Natural Fenosa (GNF) is reportedly considering a bid for BG Group 's stake in Gujarat Gas. GNF is likely to be in the hunt for emerging market (EM) assets as... 2012-04-10

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... 2012-04-04

BMI View: Asia will remain a net oil and gas importer through to 2021, with the persistently high price of oil taking a toll on heavily subsidised fuel markets like Indonesia and... 2012-04-02

Reports that ONGC may be close to a joint venture agreement with ConocoPhillips is encouraging for India's upstream segment as Delhi seeks to boost output and reduce the growing import... 2012-03-30

BMI View: Afghanistan's third licensing round could attract foreign interest, as demonstrated by the country's two previous rounds. However,

BMI View: Although declarations by Prime Minister Manmohan Singh stating that India could hold its first shale licensing round by end-2013 conflict with previous statements that suggested... 2012-03-23

BMI View: China's second revision of its fuel prices in just five weeks suggests that its current pricing mechanism for fuel can no longer adjust itself sufficiently in face of volatility... 2012-03-21