Petrobras has turned a corner. But can it deliver peer-leading growth?

Delivering on promises was a major theme in Russia's upstream in 2017. The launch of Yamal LNG highlighted NOVATEK's capacity to deliver on commercially challenging and technically complex projects. Russia successfully collaborated with OPEC to implement oil production cuts to support the oil price. The pivot to China gathered pace as CEFC China took a stake in Rosneft and Gazprom made progress on the Power of Siberia pipeline. Read our Russia 2017 year in review to find out about how Russia has turned a corner.

Welcome to the Europe upstream week in brief where we bring you quick, responsive opinion and analysis on all that's going on in European oil and gas. This week, Wellwatcher looks at whether exploration is at its end in the Netherlands. Elsewhere, RockRose Energy acquired Dana Petroleum's interest in the Arran field; Neptune Energy obtained Apache's interest in both the Seagull development and the Isabella prospect; Spirit Energy was left disappointed with a dry Norwegian well; and Horizon Petroleum farmed-in a private investor into the Polish Lachowice gas field.