Industry Developments

Australia's carbon tax will add to LNG project operating costs and could dent the profit margins of major LNG producers. Nevertheless, the impact of the legislation will be relatively... 2011-11-08

Interest in Bangladesh's fourth licensing round is likely to be stronger than the previous issue. But even with new investment and exploration in offshore areas, the licensing is likely... 2011-11-04

Securing gas supplies for Petromin's proposed Papua New Guinea FLNG terminal will be the biggest obstacle to the project's realisation. We see a high likelihood of Petromin and its... 2011-11-03

The delay to construction of the Nghi Son refinery is the latest downstream setback in Vietnam. It will slow PetroVietnam's strategy of diversifying refining feedstock away from domestically... 2011-11-02

BMI View: Petrobras' willingness to bring a new Asian partner into its Okinawa refinery in Japan makes sense both for Petrobras' strategy and the future of the refinery. It would help... 2011-11-02

France's GDF Suez has formalised an August 2011 memorandum of understanding (MoU) with the China Investment Corporation (CIC) sovereign wealth fund, and has gone a step further in establishing... 2011-11-01

BMI View: Gazprom's ambitions in India are in line with the company's strategy of boosting gas exports to Asia and taking advantage of the lucrative regional LNG market, given low expectations... 2011-11-01

BMI View: Planned drilling in Australia's Georgina basin could yield commercially viable shale oil production. However, considering the introduction of new environmental regulation... 2011-11-01

France's GDF Suez has formalised an August 2011 memorandum of understanding (MoU) with the China Investment Corporation (CIC) sovereign wealth fund, and has gone a step further in establishing... 2011-11-01

BMI View: With PetroChina and Shell hoping to shore up gas reserves for their Arrow LNG project, we expect their proposed takeover bid for Bow Energy to be successful. The deal will... 2011-10-26