PREMIUM FEATURES

BHP's get-out-of-the-doghouse oil search program

IF YOU'VE just arrived from another planet you are forgiven for imagining that oil is enjoying the best of times thanks to a jump of almost 50% in little more than a month, whereas if you live here like <i>Slugcatcher</i> you would see the price for what it is &ndash; a potentially dangerous illusion.

BHP's get-out-of-the-doghouse oil search program

At slightly more than US$40 a barrel in Europe and slightly less than $US39/bbl in the US, oil is enjoying its strongest run since mid-January when it bottomed at a 13-year low of $27/bbl. That rise...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry