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Corporate week in brief: Statoil discovers oil in the UK

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Report summary

Macro: Oil and gas shares down with Brent, halting five-week rally; Saudi Arabia and Russia deepen political and economic ties. Companies: Chevron announces first LNG from Wheatstone; Statoil, Total and Shell invest in CCS; Pemex announces results of latest partnering round; LINN Energy unveils share buyback programme. M&A: Shell's disposal of Thai assets to KUFPEC falls through; PETRONAS marketing Alberta Deep Basin assets; Chevron sells down South African downstream business. Exploration: Statoil discovers oil in the UK; another Guyana oil discovery for ExxonMobil.

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    Corporate week in brief: Statoil discovers oil in the UK

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Table of contents

  • Macro: Oil and gas shares down with Brent; Saudi and Russia deepen ties
  • Lead Story: Statoil
  • Companies: Chevron, Pemex, Statoil, Total, Shell
  • Exploration: ExxonMobil, Hess, CNOOC
  • M&A: Shell, KUFPEC, PETRONAS, Chevron
  • Other: LINN Energy

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  • Share buy backs in the oil and gas sector
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