IHS CERAWeek: US shale resilience a product of innovation

Two chief executives who contributed to the US shale boom came together on Feb. 24 to lament the current oversupplied, low-price environment they helped create, and explain how their respective firms have remained resilient in spite of it all. Source: News


Analysts expect M&A revival in Canada

Despite problems created for Canadian producers by the plunge in crude oil prices, mergers and acquisitions will revive this year, according to analysts at EY Canada, Calgary. Source: News


Mozambique government approves Coral discovery development

Rovuma basin offshore Mozambique will soon see the first development granted for the region. Eni SPA has reported that the government of Mozambique’s Council of Ministers granted its plan to drill and complete six subsea wells and construct and install a floating LNG facility with a capacity of 3.4 million tonnes/year (OGJ Online, Oct. 16, […]