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15 June 2018
Russian oil export duty phase-out requires balancing act
Russia’s decision on June 6 to complete the “tax manoeuvre” and phase out oil export duty will have wide-ranging policy implications.
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8 June 2018
New capacity additions gain momentum in global liquefaction industry
GlobalData’s latest report, ‘Semi-Annual Global Capacity and Capital Expenditure Outlook for LNG Liquefaction Terminals – New Capacity Additions Gain Momentum’, indicates that the global liquefied natural gas (LNG) liquefaction capacity...
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8 June 2018
Planned production fields lead global oil & gas capex outlook
GlobalData’s latest report, ‘Quarterly Global Oil & Gas Capital Expenditure Outlook - High New Build Capex on Crude Oil Refineries’ states that a total capital expenditure (capex) of $3.3 trillion...
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5 June 2018
Ultra-deepwater gas production set to triple by 2025
Global ultra-deepwater gas production is expected to more than triple over the next eight years, from 4,102 billion cubic feet per day (bcfd) in 2017 to 15,985bcfd in 2025.
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4 June 2018
Gas projects lead in capex expenditure
With the global oil and gas industry comfortable with the lower for longer oil price environment, 620 oil and gas projects are slated to come online in the near to...
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31 May 2018
Full-scale oil sanctions on Venezuela no longer necessary
On Monday, 21 May US President Donald Trump signed a new executive order aimed at prohibiting certain oil-related transactions with Venezuela. This new sanction package is however symbolic in comparison...
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31 May 2018
What does New Zealand’s offshore suspension mean for the oil and gas industry?
In April 2018, the New Zealand government announced that it would no longer grant new offshore oil and gas exploration permits.
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29 May 2018
Egypt looks to new bid round for long-term gas future
Egypt hopes to attract new exploration investment to secure long-term gas supplies with its upcoming bid round.
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29 May 2018
Brazilian presalt keeps delivering high-productivity performance
As of today, ultra-deepwater Brazilian presalt prevails by delivering high well productivity performance assurance to the industry’s expectations and to the government’s advantage.
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22 May 2018
Tie-backs the preferred option for developments in US Gulf Of Mexico
In the deepwater Gulf of Mexico (GoM), the existing pipeline and platform infrastructure have made tie-back opportunities a preferred way to optimise cost and commercialise discoveries.
