Industry Developments

BP's investment in the Clare Ridge project will be welcomed by the UK given concerns about the North Sea investment environment. While internation oil company (IOC) interest in the... 2011-10-13

BMI View: Italy's new legislative draft shows that the country - desperate for cash - is hoping that successful offshore exploration could reduce its energy import bill. Given burgeoning... 2011-10-11

Norway's draft 2012 budget highlights Oslo's keenness to appraise and monetise potential oil and gas reserves in the country's Arctic frontier areas. The investment in seismic surveys... 2011-10-10

BMI View: Greece's 2012 licensing round shows that the country - desperate for cash but unwilling to enter into a diplomatic row with its neighbours in the eastern Mediterranean over... 2011-10-07

Premier Oil is paying a hefty premium for Encore Oil's assets as it launches a GBP221mn takeover bid. Nevertheless, the premium may be justified given the strength of the Cladhan and... 2011-10-05

In line with our longer-term crude price forecasts, we see refined products' prices easing through to 2015. Gasoline (a composite of Rotterdam, New York and Singapore) is set to fall... 2011-10-05

BP's strengths include significant deepwater expertise, the ability to execute megaprojects and exploration and development assets in most of the world's key hydrocarbon basins. The... 2011-10-04

BP's strengths include significant deepwater expertise, the ability to execute megaprojects and exploration and development assets in most of the world's key hydrocarbon basins. The... 2011-10-04

The Avaldsnes and Aldous discoveries are the largest on the Norwegian continental shelf (NCS) since the 1980s and they may yield contingent recoverable reserves of up to 2.6bn barrels.... 2011-09-30

BMI View: French refiners have long suffered from the general malaise effecting the industry in Europe, but the likely shutdown of LyondellBasel's Berre plant is set to seriously exacerbate... 2011-09-29