Industry Developments

BMI View: Total has become the latest oil major to team up with one of China's state-run oil companies in a bid to appraise the country's potentially vast shale gas resources. With... 2012-03-20

BMI View: The construction of a proposed 5mn tpa LNG import terminal in Mundra, Gujarat, will help India address its growing import requirement. If all the proposed LNG import capacity... 2012-03-19

BMI View: BP's second Namibian farm-in in less than a year suggests the company is betting on continental drift theory to leverage its deepwater expertise. With investors increasingly... 2012-03-15

BMI View: With production in terminal decline and few Greenfield projects expected to come onstream over the next decade, the Republic of Congo (RoC)'s upstream oil outlook does not... 2012-03-14

BMI View: Philippines' Energy Secretary Jose Rene Almendras' announcement that two foreign companies are considering making significant investments in the country's downstream sector... 2012-03-13

Vietnam, whose oil consumption growth rate is set to be the fastest in Asia as per BMI forecasts, has raised refined fuel prices.

BG Group is looking to sell a stake in its Queensland Curtis LNG project. The sale could help spread the cost of the development and allow BG Group to focus more of its capital expenditure... 2012-03-08

BMI View: The signing of a heads of agreement between German petrochemicals giant BASF and Malaysia's state-owned Petronas suggests the RAPID refinery project is gaining momentum. Despite... 2012-03-08

Singapore's first liquefied natural gas (LNG) import terminal, expected ready in early 2013, will be expanded to ensure it could meet all of the island-state's gas demand, raising the... 2012-03-06

A report by the Ministry of Land and Resources has highlighted a number of issues relating to the development of China's vast shale gas resources. Beijing is making strides in addressing... 2012-03-02