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Gulf of Mexico 2016 Western Lease Sale 248 attracts few bids
Western Lease Sale 248 was held on 24 August 2016 and attracted 24 bids. ExxonMobil, BP and BHP Billiton were the only three companies to bid and b...
In time for a new OPEC deal: How did Russia cut 300,000 b/d?
Following the agreement with OPEC in November 2016, Russia had cut 300,000 b/d of oil production. For long, scepticism prevailed over Russia’s prom...
India Cambay exploration basin
The Cambay Basin is located in northwest India. It offers low full-cycle breakeven prices and high returns, thanks to an extensive network of infra...
Indonesia launches 2017 licensing round: gross split terms under the spotlight
Indonesia is offering 10 blocks in its first licensing round under recently enacted Gross split PSC terms, through the Regular Tender & Direct Prop...
Inflation Reduction Act: all bark and no bite for upstream
Biden’s signature pre-election achievement, the Inflation Reduction Act, creates dozens of changes for taxes, energy and renewables. For upstream, ...
Myanmar's energy outlook: one year later
Twelve months after the military seized power, we assess the latest outlook for the Myanmar energy outlook. The withdrawal of investors from Myanma...
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