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Petroleum Review June 2014

01/06/2014

This month’s issue of Petroleum Review argues that energy policy developments in hydrocarbon-rich nations are slowing new field development due to rising E&P expenditure. This could potentially cause a massive growth in coal usage. Any quick shift to sustainable energy may remain an improbable alternative to those governments without subsidies.

We look at the effect that the continuing unfolding events in Ukraine are having on the region’s oil and gas sector in our annual focus on Russia and Eastern Europe. We also discuss how Russian major Rosneft is driving the development of Eastern Siberian oil as a crude benchmark for the Asia-Pacific region. In addition, we look at how the global drilling rig industry is in the middle of its biggest building boom since the 1980s.

Issue details

PR Jun 14.pdf

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Journal title: Petroleum Review

Publisher: Energy Institute

Content in this issue:

Murphy Oil to sell Milford Haven refinery

EnQuest expands footprint in Malaysia

Salamander to sell 40% stake in Greater Bualuang area

Premier Oil has sold its interests in six central North Sea assets in six licences

New US LNG bunkering service

Launch of new subsea research initiative

Premier Oil (65%) has announced the Singa Laut-1

Phillips 66 buys Beaumont bulk liquids storage terminal

Call for UK’s ‘Big Six’ energy suppliers to explain wholesale price impact on energy bills