Energy Snapshot: Testing times - Russia, Australia, Majors, Exploration

In this month’s energy snapshot slides we look at the political events in Ukraine. We examine Australia LNG, LNG trading and global gas prices.  We also provide an update on exploration, with plenty of activity on-going and early encouraging signs from the Angola Kwanza basin and the Equatorial Margin of Brazil.  Finally, with the continued focus on capital discipline, we assess the flexibility of the majors’ portfolios.