Majors

The energy crisis is complicating IOCs’ ability to keep “value over volume” central while also assuring delivery of energy transition strategies.

Tue, Feb 7, 2023

INTERNATIONAL OIL DAILY

BP Walks Back Aggressive Transition Approach

UK supermajor plans higher spending and higher oil and gas production, but this comes at expense of absolute emissions reductions.

Tue, Feb 7, 2023

ENERGY INTELLIGENCE FINANCE

BP, Shell Try to Right Ship at Atlantic LNG

The European duo need to overcome declining production to revive the former flagship liquefaction asset, which remains strategic even if its glory days have passed.

Tue, Feb 7, 2023

ENERGY INTELLIGENCE FINANCE

Majors Fine-Tune Southeast Asian Downstream

Western majors are looking to both shrink and adapt their refining assets in Southeast Asia, with asset sales and biofuels expansions key to these plans.

Tue, Feb 7, 2023

OIL DAILY

Offshore Exploration Heats Up in Mexico

Shell's four-well deepwater drilling program is headlining what looks to be a busy year for exploration in Mexico's waters.

Mon, Feb 6, 2023

LNG INTELLIGENCE

Hopes Rise for Mozambique LNG Restart

TotalEnergies CEO, Patrick Pouyanne, visited Cabo Delgado, which could lead to the lifting of a force majeure on the project by this spring.

Fri, Feb 3, 2023

LNG INTELLIGENCE

Shell's New CEO Advises Caution

Shell's new CEO Wael Sawan looked ahead cautiously at LNG markets during his company's 4th quarter earnings call.

Thu, Feb 2, 2023

PETROLEUM INTELLIGENCE WEEKLY

US Majors Sell Their Brand of Decarbonization

US majors may be the biggest winners of the breathing room afforded by the energy crisis, but they still face questions about transition strategies.

Thu, Feb 2, 2023

INTERNATIONAL OIL DAILY

Shell Seeks to Close Valuation Gap With US Rivals

New CEO Wael Sawan said undervaluation was one of the reasons why Shell has announced another $4 billion share buyback.

Thu, Feb 2, 2023

EI NEW ENERGY

BPX Electric Permian Wells

The BP subsidiary is relying on grid power and centralized processing facilities to reduce emissions in the basin.

Wed, Feb 1, 2023