Industry Developments

The Iraqi oil ministry has excluded ExxonMobil from its fourth licensing round. The move comes after Exxon took the controversial decision to acquire blocks in Iraqi Kurdistan which... 2012-04-20

BMI View: Details of Total's drilling plans in Uganda suggest that the completion of Tullow's farm-out deal has finally allowed investment in the country to resume, in line with BMI's... 2012-04-16

African production and consumption are set to gather pace over the next decade after the disruption of the Libyan Civil war saw regional volumes tumble in 2011. Strong economic growth... 2012-04-16

BMI View: The construction of a 230,000b/d refinery in the city of Duqm, Oman, should help Muscat secure its position as a net products exporter. The establishment of a new downstream... 2012-04-12

BMI View: Lebanon's Energy Minister Gebran Bassil's declaration that the country's 2012 licensing round will not take place before an administrative oil body is fully established, underline... 2012-04-11

BMI View: The Middle East region will register large rises in oil and gas production over the coming decade, although rising consumption will eat into these volumes to a significant... 2012-04-10

The full transformation of Ghana's nascent oil and gas industry continues to be held back by production problems at the flagship Jubilee field. BMI now expect output of just 87,000... 2012-04-02

BMI View: Eni's discovery of an estimated 283bcm of gas in Mamba North East brings total Mozambican gas-in-place estimates to 1.61-1.98tcm. We believe that this will boost Eni's chances... 2012-03-27

Oil markets look to have priced in at least a partial reduction in Iranian shipments. An industry report anticipating exports of just 1.9mn barrels a day in March had a limited impact... 2012-03-26

High oil prices are driving independent explorers into new frontier plays. This trend is nowhere more evident than in East Africa where wildcatters are conducting exploration and appraisal... 2012-03-21