Insight
Corporate week in brief: Saudi Aramco expands global refining capacity
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Report summary
Saudi Aramco last week signed agreements with India and Total, aimed at increasing its global refining and chemicals footprint. In a future of waning oil demand, with the risk of resource-stranding rising, we see vertical integration as a critical strategic goal for NOCs. Find out more about this, and the following stories: Brent surges on geopolitical tensions; oil and gas stocks enjoy bumper week. ExxonMobil restarts operations at PNG LNG; unveils major gas reserve upgrade P'nyang. ExxonMobil to sanction Golden Pass? California Resources launches into business development mode. Petrobras deepens partnership with BP
Table of contents
- Macro: oil prices, oil and gas shares
- Lead story: Saudi Aramco
- Companies: ExxonMobil, Oil Search, QPI, Petrobras, BP
- M&A: California Resources
Tables and charts
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ExxonMobil LNG supply by project, vs. Shell totalData Dashboard
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