Industry Developments

BMI View: A court ruling recognising obvious conflicts of interest in the Kinder Morgan- El Paso merger has nevertheless lifted a legal hurdle to the deal by 'reluctantly' denying the... 2012-03-01

BMI View: A new report published by Mexico's Energy ministry shows that state-owned Pemex will need more than US$22.86bn in annual investment to sustain production at around 2.8mn b/d.... 2012-03-01

BMI View: A new teapot refinery project in North Dakota has been announced by MDU and Calumet. The 20,000b/d plant will serve the local agricultural and industrial sector. We believe... 2012-02-29

BMI View: Blackstone's US$2bn investment in Cheniere Energy Partners LP in order to support the financing of the Sabine Pass LNG export terminal in Louisiana, suggests investors are... 2012-02-28

TransCanada's decision to push ahead with the Cushing-Gulf Coast section of Keystone XL could see pipeline capacity exiting Cushing rise significantly by the end of 2013. This is likely... 2012-02-28

Repsol Sinopec Brasil, a Brazil-focused JV between Spain's Repsol and China's Sinopec, has reported a 'significant' oil discovery off the coast of Brazil at the Păo de Açúcar... 2012-02-27

BP and Anadarko have been found liable for civil claims associated with the Deepwater Horizon disaster. The ruling paves the way for a grand settlement with the US government as the... 2012-02-23

BMI View: the decision of Colombian authorities to put 135,000sq km of acreage, divided in 109 blocks, on offer for exploration underlines the country's openness to upstream investment... 2012-02-22

The opening of the Western Gap is the latest sign that the door to Mexico oil and gas industry is being forced ajar as output continues to fall and the burden of capital expenditure... 2012-02-21

Colombia's national oil company Ecopetrol has posted strong financial and operational results for 2011, reporting a 90% year-on-year (y-o-y) jump in its consolidated net income to COP15.45trn... 2012-02-17