Insight
Corporate week in brief: Petronas joins forces with Shell to push LNG Canada towards FID
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Report summary
Petronas has taken a 25% stake in LNG Canada from Shell, KOGAS and PetroChina. The change of ownership could prove to be a key milestone on the road to one of the biggest project sanctions this decade. We look at the latest developments in the push towards FID, plus the following stories: Hedging provides relief for Permian players as Brent-WTI spread soars. Pedro Parente resigns as Petrobras CEO. Total sanctions Zinia 2, Angola's first FID in four years. Equinor expands in Azerbaijan. Shell brings Kaikias onstream in record time. Schlumberger exits OneLNG Joint Venture. ExxonMobil and Qatar Petroleum strengthen international ties. Repsol and Google partner on Big Data and AI at Tarragona refinery.
Table of contents
- Macro: oil prices, oil and gas shares
- Lead story: Petronas buys into LNG Canada
- Companies: Total, BP, Equinor, Petrobras, Shell, Schlumberger, Ophir
- M&A: ExxonMobil, Qatar Petroleum
- Digitalisation: Repsol, Google
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