China Oil & Gas Views

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A Gas-Rich Future

There are four main themes that will characterise the Asian oil and gas industry over our 10-year forecast period from 2013 to 2022: stronger demand for gas than oil, the growing importance of...

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PetroChina

PetroChina's Q312 performance continues to be constrained by a sluggish downstream segment and the continued decline in its natural gas and pipeline business - trends that we had already identified...

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PetroChina: Costs Eat Into Profits

BMI View: PetroChina's Q312 performance continues to be constrained by a sluggish downstream segment and the continued decline in its natural gas and pipeline business - trends that we had already...

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Petrobras: Slowly Righting The Ship

BMI View: Petrobras registered net income of US$11bn in 2012, representing a 45% y-o-y decline in net income. Although Petrobras' results have disappointed investors, particularly over the last two...

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OFS Firms Zero In On Shale Potential

BMI View: GE Oil & Gas is looking to work with China's Big Three national oil companies so as to gain a foothold in China's nascent shale gas market. Its interest in the country mirrors that of...

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Divide Widens Across The Pond

BMI View: As expected, weak demand continued to rein in price spikes in November. The Israeli bombardment of the Gaza Strip and a temporarily solution to the Greek debt crisis saw Brent rise to US$...

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Imports: Temporary Pick-Up Ahead

BMI View: Industrial commodity imports initiated in September what we see as a temporary pick-up that could last into early 2013. The downtrend in import growth figures since mid-year will likely...

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