Corporate week in brief

Table of contents

• Insights
• Corporate research
  • Equinor and SSE move closer to world’s largest offshore wind project
  • Total joins up with Envision to tap into China’s distributed solar opportunities
  • ExxonMobil makes another oil strike in Guyana
  • EOG signs natural gas supply agreement with Cheniere Energy
  • Fear factor returns to oil markets: how do IOCs respond?
  • Aramco in the firing line
  • Tullow strikes again in Guyana
  • Ecopetrol faces setback as Colombia upholds fracturing ban
  • Pemex gets a US$5 billion injection from Mexico
  • US Independents embrace electric completions technology
  • NOVATEK, Total and partners sanction Arctic LNG-2
  • Equinor initiates US$5 billion share buyback
  • Euro Majors push ahead with North Sea CCS
  • Petrobras reports record production
  • Total gets approval for Papua LNG
  • BP calls time on Alaska after 60 years
  • Strong upstream performance underpins Chinese NOCs' H1 results
  • Eni makes major gas discovery onshore Nigeria
  • Tullow terminates farm-down agreement with Total and CNOOC Uganda
  • ExxonMobil strikes another carbon capture partnership
  • Shell enters Australia’s power sector
  • Premier seeks buyer for Zama
  • Pemex gets to keep Round Zero acreage
  • Santos’ Q2 results beat consensus
  • ONGC unveils 2040 Strategy
  • Equinor brings UK's Mariner onstream
  • Woodside needs to pick up pace on pre-FID projects
  • ExxonMobil reportedly seeking UK upstream buyer
  • Jethro delivers the goods for Tullow
  • Saudi Aramco buys 20% stake in Reliance
  • Tight Oil performance disappoints and investor confidence wanes
  • Murphy strengthens balance sheet and presses ahead in the GoM
  • Petrobras slashes yearly capex and production target
  • Shareholder returns and capital discipline remain key themes for Diversified Independents in Q2
  • Mixed fortunes for Supermajors in Q2
  • Guyana reserves upgraded by 500 mmboe
  • Ecopetrol in Midland Permian tie-up with Oxy
  • Petrobras trims stake in BR Distribuidora for US$2.5 billion
  • Qatar Petroleum continues international exploration expansion
  • Lower commodity prices dim Euro Majors’ Q2 results
  • Lower commodity prices dim Euro Majors' Q2 results
  • Petrobras divests upstream assets for US$1.5 billion
  • ConocoPhillips to partner with Wintershall Dea in Vaca Muerta
  • Eni hits big gas in Vietnam
  • Tullow delays FID in Kenya
  • BP’s Tangguh Expansion project delayed by a year
  • ConocoPhillips extends Corridor PSC
  • US Independents' set to kick off Q2 earnings
  • The Majors set to deliver solid financial performance in Q2
  • Equinor increases exposure to offshore wind
  • Pemex to get financial support but still faces big challenges
  • PNG Expansion FEED work slips
  • Aker BP’s Liatårnet discovery adds another piece to the NOAKA puzzle
  • INPEX makes progress at Abadi LNG
  • CP Chem and Qatar Petroleum unveil US Gulf Coast II Petrochemical Project
  • Total ramps up investment in carbon sinks
  • Total divests UK assets to Petrogas
  • Team Rice Wrestles Control of EQT Board
  • Equinor sells stake in Lundin Petroleum
  • FTSE re-labels oil and gas sector as 'non-renewables'
  • First oil in Mexico for Eni
  • ExxonMobil strikes carbon capture JV
  • Petrobras to fully exit natural gas distribution
  • PTTEP strikes big in Malaysia
  • Zama continues to deliver the goods
  • Tullow considers Uganda exit
  • CP Chem expands petrochemical's portfolio in Qatar
  • LGIM drops ExxonMobil from its ESG-focused funds
  • CP Chem to expand in North America?
  • PTTEP continues its acquisition spree
  • Mexico cancels Pemex farm-outs
  • Petrobras closes TAG sale for US$8.7 billion
  • Petrobras greenlights Mero-2 FPSO
  • Shell sells Martinez refinery for US$1 billion
  • ExxonMobil sanctions its first Argentina shale development
  • Shell delivers first LNG cargo from Prelude
  • Shell, Repsol, Gazprom and OMV ink deals at St. Petersburg
  • LUKOIL enters the Congo
  • ExxonMobil unveils Angolan deepwater redevelopment
  • Shell lays out strategy to 2025
  • Apache busy securing takeaway
  • Continental initiates dividend and buyback program
  • Eni strikes again in Angola
  • Total increases its US LNG exposure
  • Devon exits Canada in a US$2.8 billion deal with Canadian Natural Resources
  • Deepwater and tight oil - more similar than you think
  • Chevron to exit the UK?
  • Shell brings Appomattox onstream
  • Pemex unveils production targets and secures tax relief
  • Petrobras exercises preferential bidding rights for pre-salt fields
  • Gazprom makes two major discoveries in the Russian Arctic
  • Hong Kong takeaways
  • Saudi Aramco goes large on US LNG takeaway
  • BP under pressure on carbon
  • Pemex secures US$8 billion loan, but underlying problems aren't going away
  • Santos enters P’nyang, brings PNG expansion closer
  • Inpex posts encouraging FY results, but next steps remain unclear
  • Eni's Africa exploration outperformance continues
  • Equinor pre-empts Delek at Caesar Tonga
  • Petrobras Q1 results disappoint, but outlook remains strong
  • Chevron withdraws from Anadarko race
  • Independents Q1 results round-up: consolidation talk grabs the headlines
  • Kosmos declares its first quarterly dividend
  • Occidental agrees US$8.8 billion deal to sell Anadarko's African assets to Total
  • Majors Q1 results: big picture strategy on track
  • Shell to exit Abadi?
  • Liza Phase II gets the green light
  • Petrobras to sell half of its refining business
  • Repsol and LLOG firm-up partnership in US Gulf of Mexico
  • Upstream helps cushion Q1 earnings weakness for China's NOCs
  • PETRONAS goes after pre-salt Brazil
  • Chinese NOCs buy into Arctic LNG-2
  • Equinor deepens its climate commitments
  • Tullow provides AGM Trading update
  • Occidental announces competing bid for Anadarko
  • Shell makes another find in US Gulf of Mexico
  • Murphy Oil acquires deepwater GoM assets from LLOG Bluewater
  • Aramco buys Shell's stake in SASREF
  • ConocoPhillips sells North Sea assets to Chrysaor
  • YPF diversifies into offshore
  • ExxonMobil makes 13 th discovery offshore Guyana
  • Woodside provides Q1 operational update
  • Exploration success a Q1 standout for Santos and Oil Search
  • Aramco buys stake in Hyundai Oilbank
  • Chevron to acquire Anadarko for US$50 billion
  • PETRONAS makes first move into renewables
  • Shell sells non-op interest in US Gulf of Mexico
  • Saudi Aramco bond offering 10x oversubscribed
  • Shell enters China shale oil while BP calls time on shale gas prospects
  • Shell exits Baltic LNG
  • Papua LNG partners sign project gas agreement
  • Total expands interests in Oman
  • Wood Mackenzie upstream guidance tracker updated
  • ExxonMobil linked to Nigeria sale
  • Saudi Aramco reveals finances
  • Ocean LNG sign Golden Pass LNG SPA
  • Repsol invests in Spanish battery start-up
  • Noble farms-in to Colombia offshore exploration acreage
  • Saudi Aramco confirms SABIC acquisition
  • China's national oil companies signal a turnaround in 2019
  • Pemex to triple drilling activity in 2019
  • Murphy Oil exits Malaysia
  • Oil-hedging activity falls with prices
  • Decarbonisation front-and-centre at Eni’s Strategy update
  • Murphy Oil hits hydrocarbons off Mexico
  • Eni announces exploration success offshore Africa
  • The Permian shines in the US Majors' 2019 Analyst Days
  • The Permian and shareholder returns dominate Chevron's Analyst Day :
  • ExxonMobil focuses on the sector's need for investment
  • Norway’s sovereign wealth fund drops E&P investments
  • YPF leverages partnerships in Vaca Muerta
  • Petrobras to run an even tighter ship
  • Canadian pipeline issues continue
  • ExxonMobil makes a big gas find offshore Cyprus
  • A look-ahead to the US Majors' Analyst Days
  • ExxonMobil announces US Gulf Coast petrochemicals investment
  • BP brings Angelin onstream
  • Kosmos Capital Markets Day
  • Pemex to fast-track 20 new oilfields in 2019
  • Tight-oil E&Ps wrap up earnings season on a high note
  • Repsol's 2020 strategic plans on track
  • Global upstream investment broadly flat
  • INPEX enters US tight oil
  • Total expands its renewable energy footprint
  • Shell acquires Limejump

Tables and charts

This report includes 23 images and tables including:

• Wood Mackenzie Corporate Service: cash flow sensitivity
• Total production by region
• Tullow forecast development expenditure

What's included

This report contains:

• Corporate week in brief

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