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On its way down? Where next for China’s crude storage?
After several years of strong growth, the Chinese government’s appetite to further expand its SPR storage capacity is cooling down. Furthermore, wh...
Onnagawa tight oil unconventional concept play
The Onnagawa is a middle Miocene-aged, bio-siliceous formation found throughout Japan. The Onnagawa is part of the petroleum system associated with...
OPEC’s pain will shift to gain
OPEC is set to regain its dominance as the leading source of new oil supplies in the late 2020s as total non-OPEC supply growth plateaus around 202...
OPEC+ solves the riddle of the oil market
After the OPEC+ 4 June announcement, Brent prices initially rose that evening. However, the increase was short lived due to persistent market conce...
Ordos Basin CBM unconventional play
The Ordos Basin is an emerging CBM play with a potentially enormous resource base, where in-place volumes are estimated at near 400 tcf. The basin ...
Q1 2022 pre-FID upstream project tracker: Year starts with FIDs in the Middle East and Uganda
2021 ended with 30 major project FIDs. Noteworthy towards end of the year were the Scarborough project in Australia and deepwater projects in Brazi...
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