Articles
19 April 2024
Cairo’s currency problems have hindered investment, but Pharos sees considerable potential as Egypt emerges from crisis
18 April 2024
The Norwegian energy company is concentrating its efforts on specific regions and assets that meet strict cost and carbon criteria
17 April 2024
Uzbekistan and Kazakhstan provide opportunities after Europe turns it back, while also offering another gateway to China
16 April 2024
Commentators need to shake off the myths of the past, with rising oil prices a boon for US economy
15 April 2024
Though hampered by methane concerns, US LNG has a crucial role to play for European and Asian energy security, US economic needs and the energy transition drive
12 April 2024
Iran has announced multibillion dollar spending programmes aimed at domestic companies, inspired by recent export success
12 April 2024
CEO Meg O’Neill believes operating environment in Australia has stabilised and sees a bullish outlook for LNG demand
11 April 2024
The renewables revolution is not producing a gas boom in Asia’s largest countries, as incumbent energy sources coal and hydro retain an advantage
10 April 2024
Fears that left-leaning President Petro’s government would signal the end for Colombia’s oil industry appear unfounded
9 April 2024
Lower costs and lasting government mandates key to transitioning away from fossil fuels, but oil will not be going anywhere fast if history and current policy is a guide
8 April 2024
Even diesel cracks may be poised to narrow, although other factors—such as attacks on shipping in the Red Sea—could buck the structural trends
5 April 2024
Changing demand patterns, rising global LNG supplies, funding issues and regional insecurity threaten gas infrastructure buildout, but experts plot way ahead
4 April 2024
OPEC+ continues to keep oil prices within a 'goldilocks' price range and provide stability in turbulent geopolitical times
3 April 2024
The April issue of Petroleum Economist is out now!
3 April 2024
Exploration is providing mixed fortunes for IOCs amid higher costs, prompting firms to look towards M&A and safer plays
2 April 2024
Report by Canada Energy Regulator outlines three different scenarios, with the global push for decarbonisation the key to future production levels
28 March 2024
The country’s largest gas field is a bright spot for the North Sea, boasting cleaner operations amid a changing mood in Europe over hydrocarbons
28 March 2024
Whether OPEC+ starts to unwind its oil production cuts from June will depend on heavily debated unfolding supply-demand balances
28 March 2024
As a gas supply shortfall looms, balancing regulatory flexibility with energy security and investor confidence will be critical
27 March 2024
Oil producers have to untangle the increasingly complicated relationship with their natural resources
26 March 2024
Strategic stocks have become as much a market management tool as a security of supply buffer, and this new tactic is likely to continue beyond the next election
25 March 2024
Low carbon intensity and sizeable projects such as Johan Castberg coming onstream in late 2024 suggest a robust outlook at least until 2030
22 March 2024
And the outlook for the country’s upstream appears to have improved following legal setbacks in 2023
21 March 2024
The country is not betting against long-term oil demand growth, it is planning for a hydrocarbons-led energy demand boom
20 March 2024
Clash between federal and regional governments escalates as Chubut calls for supply disruption unless demands are met
20 March 2024
Taxation strategies in UK and Norway to continue to play important role for a region in which significant volumes of medium sour have offset the loss of similar quality Russian barrels and balanced the influx of US light sweet grades
19 March 2024
The IEA estimates India will be the largest driver of global oil demand growth by 2030, but it may have still undersold the story
18 March 2024
Planned reactor restarts and expiring supply contracts mean changes ahead for Japan’s well-established LNG sector
18 March 2024
Smaller projects provide opportunities, but basin maturity and policy shifts amid political uncertainty signal a significant decline by the end of the decade
15 March 2024
Federal-backed but independent Kurdistan-focused national energy company could underpin better cooperation
14 March 2024
Houthi actions in the Red Sea are compounding the market dislocations stemming from sanctions
13 March 2024
China’s state-controlled offshore specialist is looking to bump up output again this year is it turns its attention to more-difficult assets
12 March 2024
Hardeep Singh Puri says upstream oil is vital as country goes all out to boost its energy sector across E&P, gas, biofuels and hydrogen amid booming demand
11 March 2024
Oil sands set to provide growth over next few years, but infrastructure and policy hurdles could stifle momentum further out
11 March 2024
China’s intake of the fuel rose by 12.6% in 2023 and will continue to increase this year, but this looks unlikely to cause trouble for Europe
7 March 2024
The Middle East’s powerful clutch of national oil companies are turning their attentions outwards, with new acquisitions taking them into previously uncharted territory
5 March 2024
The March issue of Petroleum Economist is out now!
4 March 2024
Leaner North American midstream behemoth looks to strategic success with renewed gas focus
4 March 2024
Despite predictions of explosive growth, price-sensitive buying behaviour and infrastructure challenges cast a pall over the outlook
4 March 2024
Attempts to end the US ‘addiction to oil’ in the early 2000s had some unintended negative consequences
29 February 2024
But the crude, product, LNG and tanker markets are all still facing significant disruption
27 February 2024
Oil producer group could spearhead the shift to cleaner energy in member countries and be part of transition solution
26 February 2024
Ukraine is striking deeper into Russian territory as it seeks to disrupt its enemy’s oil supplies, but the impact remains limited
23 February 2024
While US oil mega-mergers are grabbing all the headlines, there is also an understated revolution in the gas patch
23 February 2024
The once-pariah nation could become a regional exporter in energy-starved southern Africa, according to MD Scott Macmillan
22 February 2024
Recent elections and on-going LNG developments highlight the importance of domestic gas demand in the sprawling island nation
21 February 2024
The industry is calling for the return to market-led price-setting on the east coast
19 February 2024
Novatek may have completed Arctic LNG 2’s first train on time, but the harder part will be securing buyers and shipping cargoes as Washington seeks to halt Russia’s LNG expansion
16 February 2024
The world’s third-largest importer of crude shows no sign of easing up on downstream momentum in recent years
14 February 2024
Huge QatarEnergy deal lays down marker in India’s gas shift, but CEO stresses price still biggest driver as Petronet LNG looks at further buying opportunities
13 February 2024
With offtake deals, shareholder agreements and gas supply in place, could the country expand its LNG industry further?
12 February 2024
Krishna-Godavari Basin success underscores importance of drive towards energy independence amid an ‘all-hands’ approach
12 February 2024
TotalEnergies explains it is seeking the ‘sweet spots’ to develop fields with unevenly distributed resources
9 February 2024
Oil major's departure from the Nigerian onshore oil business offers opportunities for local firms, but could also leave a financing gap
8 February 2024
FLNG developments are reaching fresh milestones on the continent, but questions remain about the ability of the smaller players to advance some of these projects without additional partners
8 February 2024
Saudi Arabia’s decision not to expand capacity target seen as bolstering UAE’s position within OPEC+
7 February 2024
The AIM-listed firm sees its gas plans as meshing with UK energy transition goals
6 February 2024
The combination of the two independents will show the benefits of both size and methane reduction efforts
6 February 2024
Secretary general says oil can help solve trilemma and is upbeat on ‘flexible’ OPEC role to help manage crude supply longer term
2 February 2024
African unity, not elusive aid, is key to unlocking energy investment—especially in gas
1 February 2024
The February issue of Petroleum Economist is out now!
31 January 2024
Political decision-making casts doubt on the Latin American country’s ability to sustain energy self-sufficiency in the long term
31 January 2024
Gulf of Mexico moves suggest cautious optimism in region’s deep waters, with a shift to work smarter and balance risks
31 January 2024
The NOC is looking to increase its gas output to more than 165bcm/yr by 2030 to support its hydrogen and ammonia aspirations, and to finally become a player in LNG
30 January 2024
A potential policy shift has thrown the fate of c.100mt/yr of new US liquefaction capacity into doubt
30 January 2024
The country is trying to reduce dependence on Russian barrels amid a narrowing of the gap between them and Middle Eastern grades
29 January 2024
Planned terminal expansions do not fit with Seoul’s stated goals of trimming LNG dependence
29 January 2024
The country’s drive to adopt LNG and gas could be imperilled as the state electricity company haemorrhages money
26 January 2024
A realistic, yet forward-looking, energy and climate strategy is possible if US policymakers can eschew ideological divides in favour of a durable political compromise
26 January 2024
The organisation remains vital to ensuring future energy demand is met
26 January 2024
Optimism about Kurdish production increases contrasts with a messy security situation that could obstruct oil and gas progress
25 January 2024
The appetite for long-term oil investment remains variable
25 January 2024
Despite environmental criticism, President Lula sees opportunity to build bridges with OPEC+ allies
24 January 2024
The geopolitical risks of the East Med could affect regional energy integration and global markets
24 January 2024
The LNG build-out gaining momentum in the US since 2022 is unprecedented in its size, but as risks grow it will reach its peak in 2024
24 January 2024
EU ETS extension is the latest change for the sector
24 January 2024
Demand prospects are limited by decelerating economic expansion following the post-pandemic rebound
23 January 2024
Energy crisis leads to supply diversification
23 January 2024
Official support for small refineries may improve security and help the country meet both its OPEC crude production quotas and domestic product requirements
22 January 2024
More gas is needed across Asia—at affordable prices—to encourage the move away from coal
22 January 2024
Luanda’s decision to leave the influential group surprised many observers but may have been coming for some time
19 January 2024
Three main characteristics underpin a shift in global pricing dynamics creating a new regime
19 January 2024
Rapid electrification and the adoption of renewables may allow China to trim its dependence on fossil fuels and reach net zero sooner than previously expected
19 January 2024
UAE looks a prime candidate to assert its growing power amid a group unlikely to either gain or lose many members in the foreseeable future
18 January 2024
Mega-refinery set to transform Nigeria but questions remain over feedstock that may limit key gasoline production, at least for now
17 January 2024
Especially in the products market, the Middle East is set to achieve significant growth
17 January 2024
Demand for technology and components deployed in the SAF and blue hydrogen sectors is booming, UK-based company tells Petroleum Economist
17 January 2024
While developers are making progress, infrastructure, regulatory and political uncertainties risk stunting opportunities
16 January 2024
In the ever-changing landscape of global energy, the European gas infrastructure is undergoing a remarkable transformation, poised to play a pivotal role in shaping Europe’s energy future
16 January 2024
A high-price market management strategy will continue to prove difficult until demand makes a strong recovery
15 January 2024
Oil and gas are once again being weaponised
15 January 2024
Despite the delays and the cost overruns, KG-DWN-98/2 could be pivotal in turning around India’s declining oil production
15 January 2024
The AKK project promises to increase gas utilisation and reduce energy poverty
12 January 2024
US LNG has been a key driver in linking Asian, European and Latin American spot cargoes
12 January 2024
The independent plans further Africa-focused expansion and shrugs off the recent coup in Gabon
12 January 2024
But 1m b/d production could be just a few years away if geopolitical risks subside
11 January 2024
CEO sees gas as growth area for the North Sea if governments embrace energy security
11 January 2024
We have the tools to transition but we must make sure we take advantage of them
11 January 2024
The US finally achieved energy independence in November 2019, but was the mission a mistake from the start?
10 January 2024
New strategic plan includes significant investment in oil and gas