Exploration & Production
Arrested development in Africa
7 April 2020
Africa will experience deep cuts and long delays to discretionary capex. But preparatory work continues for when the market recovers
Oil sector faces unprecedented challenge
3 April 2020
Billions of people under quarantine and a global shutdown of business operations is devastating company finances
Asia’s state heavyweights hold firm on upstream spending
3 April 2020
With international oil prices at nearly two-decade lows, Asia’s oil and gas developers have begun to review their capex budgets as they strive to weather the downturn
Russia in strong position for price war
2 April 2020
Oil producers in the country have relatively low upstream costs and greenfield projects ready to roll
Australia’s largest producers join the cutback bandwagon
2 April 2020
Developers have begun delaying new gas projects in response to oil price pressures and further capex cuts may be necessary
Economic malaise threatens to upend US indies
31 March 2020
Domestic oil sector in upheaval as producers forced to confront commodity price shock
Majors’ divestment dilemma
26 March 2020
Depressed oil prices are forcing large-cap producers to roll back spending. But will they continue to try to shed non-core assets?
Ten principles for operator transitions
24 March 2020
Incoming operators face several challenges when taking over an asset, including managing the transition, improving performance, and capturing value. These principles can guide the way
Downturn hits Latin America’s upstream hard
24 March 2020
Worsening economic conditions set to slash oil production growth in the region
Oilfield services share in the economic gloom
20 March 2020
Industry downturn forecast as wave of E&P companies forced to dramatically cut capex
Gloom overshadows North Sea exploration hits
20 March 2020
Two pieces of good news in the UK and Norway are buried by cost-cutting and depressed prices
Aramco’s upstream comes into focus
20 March 2020
Saudi heavyweight must achieve ambitious government pledge despite revenues feeling the squeeze
A tale of two trading updates
19 March 2020
UK independent Enquest’s revised forecast for 2020 may be just six weeks removed from its previous guidance. But it is also a world away
US upstream companies feel the strain
19 March 2020
Economic uncertainty forces E&Ps to significantly revise down their capital budgets
Wintershall Dea joins the capex cutters
18 March 2020
The independent producer is the latest to announce reduced spending in the new price and demand environment
Aramco's Jafurah shale gas faces obstacles
12 March 2020
Water scarcity and a lack of transport infrastructure work against the recovery of gas from the shale field. Once overcome, its output may be better suited to displacing crude domestically than for LNG exports
Trials and tribulations in the Permian
12 March 2020
Efficiency gains have streamlined operations at the world’s most exciting shale patch. But with the threat of a pandemic and ongoing oil price volatility, can production growth be sustained?
Oil price collapse deals blow to Permian
11 March 2020
Plunging crude prices are bad news for US shale, with some producers set to be severely afflicted
Oman advances on multiple fronts
10 March 2020
Both offshore oil and onshore gas projects are progressing with the backing of several international firms
DoE's Windberg: US shale to benefit from AI
10 March 2020
Using artificial intelligence to analyse what is happening subsurface could have a huge impact on fracking's productivity
Somalia signs Shell-ExxonMobil E&P roadmap
3 March 2020
Agreement with joint venture explorer boosts Somalia’s post-conflict effort to attract IOCs to its long-delayed licensing round
Petrobras’ pre-salt focus pays off
3 March 2020
Brazilian NOC’s commitment to the offshore province and portfolio overhaul is helping offset unstable commodity prices
Australia rejoins road to shale riches
28 February 2020
Shale gas developers are beginning to ramp up their exploration efforts following the end of a freeze on fracking approvals in the Northern Territory
SE Asian NOCs find strength in numbers
28 February 2020
A Petronas-Pertamina crude swap agreement was the latest instance of Southeast Asian NOCs teaming up to tackle shared energy security challenges
Teck gives up amid Canadian tensions
27 February 2020
The miner abandons its oil sands plan as long-term fissures between opposing lobbies claim another investment casualty
Tullow hopeful of Kenya FID this year
21 February 2020
The operator remains positive, but the future of Kenya’s first oil development remains very uncertain