Oil & Gas

Content type

Asia LPG Demand Resilient Amid Pandemic

Fitch Solutions / Article /Oil & Gas/Asia/ Thu 03 Sep, 2020

Key View

  • LPG demand continues to be the silver lining within Asia’s depressed fuel market as demand for refined fuels struggle to return to pre-Covid levels in the midst of an ongoing global pandemic.
  • LPG has been increasingly embraced across Asia for its versatility and clean burning nature and the trend looks set
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Rising Saudi Tensions Pose Major Energy Supply Risk For Pakistan

Fitch Solutions / Article /Oil & Gas/Pakistan/ Tue 25 Aug, 2020

Pakistan is set to become more dependent on foreign oil imports as repercussions from the Covid-19 pandemic add to its refining woes.The Covid-19 pandemic has collapsed what little was left of domestic refining activity in the country. Lockdowns imposed nationwide in April saw sales of major fuels plummet as economic

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OPEC Compliance Gains Stall For Iraq And Nigeria

Fitch Solutions / Article /Oil & Gas/Global/ Tue 18 Aug, 2020

Key View

  • 改善从伊拉克和尼日利亚sta合规lled according to July OPEC data at 89% for Iraq and 66% for Nigeria though both stand greatly improved from the sub 50% compliance registered in May, the first month of pandemic related production cut of 9.7mn b/d.
  • If the current OPEC+ agreement runs to
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Covid-19 Accelerating Corporate Strategy Shifts In O&G

Fitch Solutions / Article /Oil & Gas/Global/ Mon 17 Aug, 2020

Key View:

  • In the short run, the strategic responses of companies in the sector has been broadly consistent with previous price cycles: deep spending cuts, strict capital discipline and a strong focus on maximising operational efficiency.
  • However, health and safety considerations, and supply chain and operational
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Japan Diversifies LNG Sources With Mozambique Investment

Fitch Solutions / Article /Oil & Gas/Japan/ Fri 10 Jul, 2020

Key View

  • Japan has pledged support for the Area 1 Mozambique LNG project supporting the outlook for Mozambique LNG although significant delays to LNG projects in Mozambique appear inevitable as market conditions deteriorate.
  • LNG from Mozambique would further expand Japan’s current pool of LNG suppliers as it seeks
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