Corporate week in brief: Total signs major Iranian gas deal
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Report summary
Lead stories: Total signs first ever Iranian Petroleum Contract. Macro: Brent recoups some of its recent loses; a grim first half of the year for oil and gas shares; European Majors commit to make power clean. Companies: BP guides for US$750 million Angolan exploration write-down; presidential corruption charges priced into Petrobras shares; Tullow warns of impairment but makes deleveraging progress; Santos strikes a partnership deal with strategic shareholders. M&A: ConocoPhillips continues high-grading progress with Barnett gas sale. Exploration: Statoil makes play-opening Barents Sea oil discovery; Santos drills successful appraisals – what does it mean for Darwin LNG backfill?
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- Lead stories: Total signs major Iranian gas deal
- Macro: oil prices, oil and gas shares, decarbonisation
- Companies: BP, Petrobras, Tullow, Santos
- Exploration: Statoil, ConocoPhillips,Santos
- M&A: ConocoPhillips
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