Corporate week in brief: Q4 results season gets into full swing
Lead stories: Chevron outlines 2017 growth as Australian LNG derisking continues. Macro: oil prices range bound at US$55/bbl; oil and gas shares suffer from profit taking. Companies: Hess’ production continues to fall; tight oil specialist Continental raises 2017 budget by 77%; Murphy makes a cautious return to exploration. M&A: BP’s innovative North Sea asset sale; Shell on the verge of US$3 billion UK disposal?