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Upstream oil and gas reports
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...
Iceland upstream summary slides
We provide a slide-pack of the key issues in the country to complement our more detailed upstream summary. Please refer to the main upstream summar...
Newfoundland and Labrador 2016 licence round launch
On 7 April 2016, the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced its 2016 call for bids. Sixteen blocks are on of...
Malaysia offers Asia’s first CCS incentives
Malaysia has proposed new CCS incentives in its 2023 Budget, initially for upstream projects, that provide the first concrete incentives in Asia fo...
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...
Global oil supply short-term update - August 2022
The global oil supply monthly report provides analysis on short-term global oil supply through 2023. On 3 August, OPEC+ agreed a modest 100,000 b/d...
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