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Subsidies, tax incentives, and the grey area in between
The Biden presidency has awoken and energised calls for ending tax subsidies for fossil fuel companies. Some argue oil and gas is not subsidised an...
Shell sells deepwater GoM assets Brutus and Glider for US$425 million plus royalty interest
Shell is divesting two relatively mature assets (7% of Shell's total deepwater GoM production) as a part of the company's effort to globally divest...
What does Australia mean for the Majors?
The strategic challenges the Majors face in Australia represent a microcosm of the dilemmas they face across the globe. Australia is key for most o...
What next for Asia’s upstream investments in Russia?
Many international oil companies (IOCs) have sought to distance themselves from investments in the Russian upstream sector in the wake of the Russi...
When producing licences expire: should governments stick or twist?
Investors in conventional upstream projects are focusing their attention on the lowest risk, fastest return opportunities. And at the top of this l...
SM Energy sells 55,000 net acres in the Bakken to Oasis Petroleum for US$785 million
SM Energy announced two transactions on 18 October 2016, acquiring acreage in the Midland basin from QStar for US$1.6 billion, while divesting its ...
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