Industry Developments

BMI View: The first oil discovery in nearly three decades could add one billion barrels to the Iraq's oil reserves and confirms our view that the country presents very significant upstream... 2013-01-22

BMI View: Our view that a joint Eni-Anadarko project would be an effective way to lower the risks and speed up the development of a greenfield LNG project in Mozambique has played out... 2013-01-21

BMI View: Reports indicate that Saudi Arabia may artificially raise gas prices that have not increased for decades. With prices currently at US$0.75/mmBTU, prices remain supportive... 2013-01-16

BMI View: Iran's oil minister told reporters in January 2013 that investment of up to US$400bn will be needed in oil and gas projects over the next five years to protect the country's... 2013-01-15

BMI View: The UAE continues to be a hotspot of oil diplomacy, with French President Francois Hollande set to become the latest head of state to travel to the country in support of Total's... 2013-01-14

BMI View: Côte d'Ivoire is hoping to reverse its falling oil output, as new investment targeting the country's highly prospective West African deepwater flows in. Indeed,... 2013-01-08

BMI View: AGR, operator of an exploration well offshore Israel, reported a gas discovery in the highly prospective Ishai licence. However, the find could prove to be non-commercial,... 2013-01-04

BMI View: Plains Exploration and Production's recent deal to assume the operatorship of the Mazagan permit generates additional interest in Morocco's appealing offshore acreage. Indeed,... 2013-01-04

BMI View: Chevron's entry into South Africa's nascent shale gas market follows the country's lifting of a moratorium on fraccing. With significant shale gas potential and a government... 2012-12-19

BMI View: Tanzania’s offshore gas potential has been reaffirmed by Ophir and BG’s latest appraisal programme. It is only a matter of time before companies in Tanzania... 2012-12-17