Insight

Corporate week in brief: Shell goes big in Mexico's latest licensing round success

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Lead story: Shell leads the way in Mexico's latest licensing round. Macro: Brent slips back; oil and gas stocks hit hard as wider markets tumble. Companies: Chevron and ExxonMobil miss Q4 earnings expectations while Shell rounds off a good year; ConocoPhillips leads the charge on buybacks and Lundin gets in on the act; CNOOC Ltd unveils upbeat outlook. Exploration: Shell and Chevron strikes it big in US GoM; BP delivers a brace in the UK; Total enters Guyana; Kosmos ends 2017 campaign with disappointing result. M&A: ConocPhillips consolidates in Alaska; PTTEP seals Bongkot acquisition; Noble continues to reduce its interest in Tamar.

Table of contents

  • Macro: oil prices, oil and gas shares
  • Lead story: Mexico deepwater Round 2.4
  • Companies: Chevron, ExxonMobil, Shell, ConocoPhillips, CNOOC Ltd, Lundin
  • Exploration: Shell, Chevron, BP, Total, Kosmos
  • M&A: ConocoPhillips, PTTEP, Noble

Tables and charts

This report includes 2 images and tables including:

  • Top 20 offshore exploration acreage holders in Mexico (exc. Pemex)
  • Data Dashboard