Baghdad turns again to China to develop its second largest gasfield
The founders of Energy Quantified by Montel have built analysis models before. But this time they have torn up the rulebook
Rebounding oil prices have boosted company balance sheets, but debt remains the priority over growth
The country is taking measures to encourage IOC interest in its latest licensing round
There will be no immediate promotion into the super league of global crude benchmarks for the Middle East’s latest challenger
The financial strain is starting to ease as the shale patch sees the effects of rising oil prices
The government has made remarkably little progress on its plans since unveiling the agenda in September 2020
The end of guaranteed prices for renewables generation is sparking a revolution in risk management
Complex intra-day power markets increasingly require AI support. But it is important market actors have their own proprietary solutions
New hydrocarbons law may represent a last-chance saloon for the North African producer
Russia's Artic LNG 2 project continues to advance, with the signing of long-term sales and purchase agreements (SPAs) for the entirety of LNG production
Projects face tough global competition for funding, but some lead the pack
Even carbon-intensive production is being swept up in the rush of North Sea deals
A purported leak is just the latest potential obstacle to Washington-Tehran rapprochement
Time to ponder the value of its hydrocarbons is a luxury the North African state may no longer have
Investor uncertainty mounts as approved legislation threatens to return energy sector to state control
The profits to be made from optimising a portfolio on a close-to-real-time basis have driven a significant shift in the market
Biden administration hopes to fast-track emission restrictions, a popular measure among many large-cap operators
Coal’s long goodbye means Beijing will need to brace for reduced energy security
The rise of renewables has revolutionised short-term trading. But that will have a feedback loop to the longer-term market
Corporate carbon goals and local regulatory regimes will determine whether the region’s deepwater sector can attract renewed interest from investors
The UK-headquartered majors are pursuing strategies that assume the future plays out least favourably for hydrocarbons
As investor sentiment shifts, companies that align with the transition have a significant competitive edge
While transparency and data provision have made huge strides, there are still information gaps and quality problems, warns the founder of UK power analysis firm Catalyst Commodities
Generation from the cleanest fossil fuel looks set to struggle to expand in China despite the start of carbon trading
North American quarterly performance reflects returning production and gives reason for optimism
Amman rolls out some old favourites as it hopes to finally gain upstream traction
The county’s negotiating tactics are damaging its reputation among developers
Any hope the Biden administration might seek a compromise on federal land drilling ban looks increasingly forlorn
Efforts to raise Vaca Muerta production face financial and strike action hurdles
Timely delivery of new projects will be vital to avoid shortfalls, AEMO says
The NOC will sell its stake in Puma Energy in return for the firm’s Angolan assets
Historic and real-time fundamentals are not the only information show in town, says software provider Kyos
The west African nation continues to attract upstream investment despite the global contraction in activity
The North Sea field extends its lifespan through a flip to alternative processing facilities believed to be a UK industry first
The pandemic has showcased the importance of reaching digital maturity, and state oil companies are taking notice
Oil and gas firms must consider several factors when addressing digital maturity
Buoyed by stronger oil prices and demand recovery, the region has plenty of projects on the roster
Large-scale, deepwater prospects continue to draw deep-pocketed investors
Baghdad is once again looking towards much higher long-term capacity goals
A fresh assault on Palma will at the very least slow planned liquefaction developments
The North Sea independent is still determined not to overpay for assets
An accelerating vaccine rollout and robust oil prices encourage consolidation across marginal plays
Firm will drill first well offshore Timor-Leste in the second half of this year
Former businessman has ambitious plans for domestic crude production but faces significant financial, political and ESG constraints
The development will see Ugandan crude exported from the Tanzanian port of Tanga
Tax changes to incentivise refinery upgraders are bearing fruit
NOC reflates its spending and projects grind forward. But no-one should expect miracles
Downstream divestment programme at risk as federal office scrutinises auction
The Southeast Asian nation plans to convert three power plants to run on gas
The high-profile restart of the Damietta facility has ramped up rhetoric and expectations. But it may not be as simple as that
The UK independent presses go on its largest portfolio project after issuing M&A price warning
As in gas, the former Communist country is wary of dependence on its heavyweight eastern neighbour
Russia is leading the charge to normalise Arctic shipping as the region warms
The private equity-backed midstream specialist is bullish about the prospects in its Sage pipeline system catchment area
Floating storage and regasification has reduced entry barriers for aspiring LNG importers. But opening up a new market remains a tricky business
Low-carbon ambitions could jeopardise national energy security if drilling moratorium proves permanent
The blockage of the Suez Canal by a single vessel highlights how important navigational chokepoints are for the shipping sector and commodities markets
Investment in LNG liquefaction capacity got off to a flying start in 2021 with the North Field East expansion project. How much more can we expect?
The group had been widely anticipated to keep the prior agreement in place, but a rapidly agreed deal will see cuts relaxed through the summer
The Chrysaor-Premier combination starts trading in London. But it is keen to expand its horizons
The future of the Cameroonian gas project depends on the outcome of commercial and contractual negotiations
When the largest buyer in the largest consuming country commits to net-zero emissions by 2050, suppliers must start to respond. And they are
The inexorable rise of spot trading may be losing momentum as the market finds new ways to balance
Having settled a 30-year field demarcation dispute with Turkmenistan, Azerbaijan is cheerleading for a second phase of the Southern Gas Corridor
Iraq’s new crude grade has had a relatively successful first few months. But Basrah Light issuers remain unresolved
Supply chains will be critical as the maritime sector looks for alternative fuels
Pivot towards Asia paves the way for a new crude futures contract, offering an attractive alternative to long-established grades
The industry’s big players remain optimistic despite the headwinds of the last two years
A government-funded company has launched an initiative intended to save more than $14bn in decommissioning costs over the next few decades
China’s reluctance to ease back on fossil fuels highlights the contrasting narratives of energy security and decarbonisation
Operators including majors have snapped up nearby acreage to leverage synergies at lower cost. But with oil prices higher and discounts potentially fading, will prolific spending slacken?
The country has set out an ambitious timeline to refurbish its long-neglected Port Harcourt refineries
The agency may be overestimating demand and lowballing Opec supply to foresee a tighter market than will materialise
The NOC’s delisting from the NYSE may only serve to embolden its South China Sea drilling despite lingering controversy surrounding projects in the region
The country’s North Sea Transition Deal will apply new conditions to future drilling permits but allow oil and gas activity to proceed
The Swedish-headquartered producer says it is comfortable sticking with Norway. But could JOG’s farm-out process attract it over the median line?
As much as 10.5mn t/yr of regasification capacity could be coming online in 2022
The Saudi heavyweight posts an eye-watering drop in profits but pays its dividends and remains in the black
Output is creeping up in the US but still faces a tough task in rebounding to pre-Covid levels
Oil and gas can improve its economics and decarbonise its value chain—and achieve those wins quickly—through changing its working practices
The three state-controlled heavyweights are gearing up to announce 2020 earnings, with attention focused on addressing near-term challenges and opportunities
Vine Energy’s financing efforts reveal lingering public market doubts despite healthy prospects for gas
International firms still see targeting India’s downstream demand as significantly more attractive than investing in its production, despite recent government reforms and efforts at promotion.
The oil and gas division wants a role beyond just providing cash for the group to pivot to lower-carbon alternatives
Latin American exploration campaign stutters as producer continues search for major offshore oil find
Leviathan startup, combined with flows to Egypt and Jordan, shows a material bottom-line impact
The government will provide the cash to explorers for a further six months
Court case vindication could open the door to next year’s election, with implications for the NOC and wider energy reforms
Significant forecast growth in energy requirements means international firms are interested in the country’s downstream sector, but its upstream is struggling
Robust FCF and driving down emissions in the shale patch are central planks in the US major’s journey towards low-carbon energy
Lack of demand and permitting uncertainty paints gloomy picture for pipeline firms
The buyers' group will promote use of the fuel to meet Japan’s decarbonisation goals
While the end of lockdowns may offer some respite, further consolidation looks inevitable
Producers tighten their belts even as financial conditions rally and midstream expansion looms
The London-headquartered producer hopes to fast-track FIDs to hit the 2022 deadline for relief
The future of the Anglo-Irish independent’s Kenyan assets hangs in the balance as it puts its money on Ghana
Mexican producer must weigh ambitious upstream strategy with rapidly rising debt
Robert Besseling, CEO of specialist intelligence company Pangea-Risk, explains why Ghana is about to start importing LNG despite having oil and gas reserves of its own
Petroleum Economist asks Adi Imsirovic, former head of crude trading at Gazprom Marketing & Trading, about the major issues thrown up by Platts’ proposed change