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Why it is a strategic move and do we expect more similar deals to emerge? What are the implications on the crude trade?
NGLs from the Jafurah field could help offset the decrease in production from the US NGL in mid-2030 and reduce global market tightness.
Production targets trump cost and commercial considerations
This rolling document gives our opinion and analysis of the latest events and trends in Asia-Pacific's upstream sector.
Rolling coverage and analysis of key global subsurface events
Rolling coverage of the most important events affecting the upstream industry in Russia, Central Asia and Caucasus.
We analyse the latest Q4 results, zooming in on the Majors’ mixed Q4 plus Pioneer and Oxy’s aggressive growth plans in the Permian.
India’s Reliance is selling a 20% stake in its oil-to-chemical business to Saudi Aramco, which is expanding its presence in Asia.
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