COMPETITIVE INTELLIGENCE DATA

Rosneft reported a 15% decline in net profit for the first nine months of 2022, but another measure of earnings rose by 22%.

TotalEnergies has promised to transform its business model, and a senior executive shares how that's coming along and where the focus areas lie.

Drilling activity in 2022 has continued apace, with 17 high-impact discoveries recorded in October-November 2022, in comparison to 13 during the same period in 2021. Higher oil and gas prices have encouraged select companies to proceed with advantaged exploration targets. We expect continued but selective exploration capital allocation in 2023, targeting both new and traditional plays in upcoming drilling plans.