Big Oil

Chinese refiners expected to replace Venezuelan oil with Iranian crude

Analysts say the Venezuela drama hits ‘teapots’ the hardest, and do not foresee them bidding up for unsanctioned barrels

No American lives were lost during the operation overseen by US President Donald Trump.

Inside ‘Operation Absolute Resolve’, the US effort to capture Venezuela’s Maduro

The action comes amid larger questions about the legality and rationale for the United States’ actions in the South American country

Crude production in Venezuela has plunged more than 70% since its peak in the late 1990s.

How Venezuelan oil factored in US seizure of Maduro

What role does the country’s oil play in global markets, and what is China’s role in its oil industry? 

Venezuela's leader Nicolas Maduro and his wife have been seized by US forces.

Trump says US oil producers to invest billions in Venezuela following Maduro capture

He describes an ambitious vision to use US financial resources and industry know-how to restore the South American nation’s oil sector

In the early hours of Saturday, explosions rocked Venezuela’s capital Caracas.

US captures Venezuela’s Maduro after strikes, Trump says

The Venezuelan leader says Washington is intent on taking control of his nation’s oil reserves

For the brave, Big Oil’s time in investment purgatory offered a once-in-a-lifetime buying opportunity.

Big Oil will miss the financial discipline imposed by ESG

After a long silence, big asset managers are again talking about their fossil-fuel funds

The continued corporate focus on deep-water drilling highlights that the risk appetite of major oil firms remains high.

Drill, baby, drill: Has Big Oil learnt anything from Deepwater Horizon?

The legacy of history’s largest marine spill is back in focus as the industry prepares to go even deeper

The reclamation of Jurong Island in the 2000s created an integrated energy and chemicals cluster that now houses over 100 companies powering regional energy trade.
BRUNCH

From rubber roots to risk management: Singapore’s 60-year mastery of global trades

Today, the Republic acts as a central node for price discovery in key commodities, housing almost 400 international players

Adnoc has been on a shopping spree for gas assets in recent years, gradually transforming itself from a business that lives and dies on black gold, to one that cares as much about LNG ships as oil tankers.
THE BOTTOM LINE

Even Big Oil thinks Big Oil is too risky these days

Adnoc’s bid for Santos shows oil producers are going after LNG to counter declining demand and war

The sites are coming up for sale as Big Oil faces shareholder pressure to trim portfolios to focus on assets with the best returns, while also offloading or cleaning up major polluting businesses like refineries.

Cash-rich energy traders are snapping up refineries from Big Oil

Owning those assets offers a chance to have more options when making trades, greater exposure to physical and paper markets and better insight into fuel supplies