Drilling & production - 19 January 2012

Thoughts on how oil and gas companies can adapt to, and profit from, the uncertain environment they face in the coming year.

The latest EIC Monitor quarterly report shows that all sectors across the global energy industry have seen a decrease in the number and the potential investment value of new projects.

BHP Billiton has given the Queensland Government notice of a proposed rail corridor alignment to the Port of Abbot Point, which can be used to accommodate multiple rail lines, including a dedicated rail line for BHP Billiton and its joint venture partners in the Bowen Basin.

70% of voters favour more oil and natural gas development.

American Petroleum Institute president comments on how making the right energy choices can help the US economy.

Offshore drilling activity across North West Europe fell 12% in 2011 with 122 exploration and appraisal wells drilled across the region, compared to 139 in 2010, according to an end of year review released by Deloitte.

BP forecasts robust global energy demand to 2030 despite efficiency gains.

January 2011: Kay Sever examines the ‘intangible’ factors which act as an obstacle to success.