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ADNOC Refining welcomes Eni and OMV
ADNOC has sold a 35% stake in its refining business to Eni and OMV in a deal valued at US$5.8 billion. Eni acquired a larger stake, 20%, for US$3.3...
Advantaged oil and gas
The upstream industry will increasingly prioritise portfolio enhancement over growth. This means companies must target only the best oil and gas – ...
Africa’s upstream: the other side of the energy transition
Around half of Africa’s population do not have access to electricity. The UN goal for sustainable development includes universal access to affordab...
After the crash – what's changed in Africa upstream?
Following coronavirus, the Africa upstream landscape looks markedly different. Africa has been hit hard and widespread cuts and project deferrals h...
Implications of a Biden administration for North America oil supply
President Biden promised to take unprecedented executive actions to drive historic progress on a clean energy revolution. From day one, he signed a...
"Whack a short" drives refining margins to record levels. How long do high refining margins last?
Strong demand recovery, pandemic driven refinery closures, China’s export policies and the Russia/Ukraine conflict have resulted in low inventories...
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