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Upstream oil and gas reports
Tangguh (LNG)
The Tangguh LNG project, located in the Bintuni Bay area of West Papua, was brought online in July 2009 with a nameplate capacity of 7.6 mmtpa. The...
Terengganu Area
This report covers two active PSCs and two expired PSCs that covers production from this area from 1976. The active PSCs are operated by Searah and...
Veracruz Basin
The Veracruz basin is located to the south of the Tampico-Misantla basin along the coastal plain of the Gulf of Mexico. The basin contains a collec...
Fengcheng
The Fengcheng heavy oil field was discovered in late 1981 in the Junggar Basin. Early development focused on light oil from the Permian formation, ...
Ordos Basin (Remaining PetroChina)
The Ordos Basin is one of PetroChina’s largest domestic gas-producing regions, extending across Shaanxi, Shanxi, Gansu, Ningxia and Inner Mongolia....
Global oil supply short-term update - September 2026
Global oil supply has been downgraded in 2026 following a change to our assumption of production recovery in the Middle East. Our base case now ass...
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