Insight
Energy Snapshot: Industry themes - February 2019
Report summary
The upstream industry is now in a healthy state with current oil prices and generating good margins. Costs are down, lifting FID activity and put anticipated exploration returns back in the black The M&A market will be in competition for the capital from another bumper year of DROs (Discovered Resource Opportunities) as Qatar and Brazil offer significant projects. The majors have a good outlook for production until 2025, but there are notable differences amongst the companies in the longer term. LNG is an important component, especially as numerous projects vie to achieve FID this year. Finally, our medium term view on refining margins has been updated.
Table of contents
- A good dose of optimism in upstream
Tables and charts
This report includes 1 images and tables including:
What's included
This report contains:
Other reports you may be interested in
13 February 2018
Energy Snapshot: industry themes - February 2018
Insight
Energy Snapshot: industry themes - February 2018
This month we review global oil and gas markets, exploration, Major's capital guidance and valuations, latest on LNG over-supply, and more.
$1,35013 May 2019
Energy Snapshot: Industry themes - May 2019
Insight
Energy Snapshot: Industry themes - May 2019
OXY wins out over CVX, rising LNG investment, big opportunities in Brazil but watch rising rig rates, future of petrochemical trade flows.
$1,35013 June 2019
Energy Snapshot: Industry themes - June 2019
Insight
Energy Snapshot: Industry themes - June 2019
We review upstream project sanctions, exploration activity, M&A targets in the Permian, gas price weakness and LNG, new long term oil price.
$1,350
Trusted by leading organisations
