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Russian Federation upstream: seven signposts for the future
The outlook for Russia’s upstream has changed beyond all recognition since the invasion of Ukraine. The loss of traditional markets for its oil and...
Gelsenkirchen - shrink to survive?
bp has announced the decommissioning of five systems at Germany's Gelsenkirchen refinery from 2025, with crude production capacity being reduced by...
Global Upstream Update: our favourite slides and topics – March 2024
The Global Upstream Update is a regular Insight produced for global clients. This edition includes: 1. Efficient growth -2024 will not be a stand-o...
Croatia upstream summary
A medium-sized mature producer - Onshore operations date back to the early 20th century. Most of Croatia's current oil and gas output is still onsh...
Vitol acquires stake in Sarroch Saras; which EU refinery transactions could be next?
On 11th February 2024, Saras shareholders entered into a sale and purchase agreement with Vitol B.V. for approximately 35% share of Saras. Saras ow...
Q1 2024 pre-FID upstream project tracker: slow start but activity to pick up
We expect around 30 projects will reach FID in 2024. This should be an increase on last year, as many 2023 projects were delayed or postponed. Up t...
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