Insight
Energy Snapshot: Industry themes - May 2019
Report summary
Upstream M&A was subdued in Q1, but burst into life with Occidental winning the battle for Anadarko. The temptation of the upside in the Permian and a subdued market was too attractive to forgo for Occidental. We forecast a strong rise in investment in LNG, which raises the question of whether higher costs could return? Although China building new infrastructure to attract LNG, short-term LNG charter rates are depressed. But the rise in Carbon prices in Europe should be positive for gas. Upstream, we draw attention to: the Transfer of Rights in Brazil that will attract big signature bonuses, Cyprus assessing where its gas will go and BP sanctioning a big project in Azerbaijan. We are also expecting longer-term offshore rig rates to rise, whilst our short-term oil price is steady, but with less Iranian oil. Downstream, big crude-to-chemical projects are gaining momentum which will impact petrochemical trade flows.
Table of contents
- Mixed signals
Tables and charts
This report includes 1 images and tables including:
What's included
This report contains:
Other reports you may be interested in
31 December 2022
Coal asset report - Multi Tambangjaya Utama - Dec 2022
Asset Report
Coal asset report - Multi Tambangjaya Utama - Dec 2022
A detailed analysis of the Multi Tambangjaya Utama coal mine.
$2,55017 May 2022
Deyang - Lithium refinery
Asset Report
Deyang - Lithium refinery
A detailed analysis of the Deyang lithium refinery.
$2,25017 May 2022
Zhangjiagang (Tianqi) - Lithium refinery
Asset Report
Zhangjiagang (Tianqi) - Lithium refinery
A detailed analysis of the Zhangjiagang (Tianqi) lithium refinery.
$2,250