South Asian importer hopes for price advantage compared with Brent
The major’s pooling of non-core resources with Italy’s Eni may be a model moving forward
It is easy to identify the sympathies of the authors. But that does not diminish the vivacity of the tale they have to tell
China’s economy faces headwinds that go beyond than the arrival of the Delta variant
An understanding that the Opec partners are better working together appears likely to keep the peace
Quarterly results showcase upwards trajectory for oil producers despite the focus on capital discipline
Oil major confirms another Mozambican LNG project is on hold for security reasons
The three biggest state-controlled firms are pursuing divergent strategies towards a lower carbon future
The organisation may have smoothed over the cracks this time. But the UAE’s very public dissent may be just the first sign of things to come
Asian LNG importer continues to expand its import infrastructure for the fuel
The major has been awarded another block by NOC Petronas, but government involvement remains vital
Gulf of Mexico FIDs may be waning, but latest approval shows they can still be viable
Drilling campaign adds yet another major oil find in the prolific block
Operator sees greater prospects in the Bakken as it shuffles its portfolio
Reliance continues to progress its KGD6 development, but the scheme has experienced some delays
Gulf of Mexico-focused operator sees output soar as it lines up further exploration
Jakarta has greenlit plans for a gas project in the Madura strait, off the coast of eastern Java
The country started loading crude from its new Jask oil terminal last week as doubts grow about the prospects for a revived JCPOA
Norwegian firm trades offshore acreage for operating role in the field
The independent is rapidly expanding its footprint in Brazil and may not have finished just yet
Bid round and first-ever private refinery shows the government is looking to external investment
Bullish gas projections are driving a strong resurgence in M&A activity
Global LNG demand might not reach previously forecast heights this decade as Tokyo mulls an increased role for renewables
Extended shut-ins and reliability issues due to last summer’s Covid-related work postponements see NCS production slide
Reduced drilling activity over the past year is increasing the threat of premature write-downs in the basin
The key promoters of the Brent crude trading complex have accepted that the benchmark will not be switching to a delivered status any time soon
The debt-burdened firm’s fortunes appear to be turning
The firm’s extensive portfolio of development opportunities is proceeding apace ahead of Norway’s end-2022 deadline for securing tax breaks
While the focus is on domestic gas, the Qatari firm is hedging locally and internationally
The Middle Eastern state’s welcome of Chinese investment is understandable, but not unproblematic
The Singapore-based firm is the latest independent to expand its upstream portfolio through the purchase of divested assets, this time in Malaysia
The first of the UK’s independent’s SNS projects has been pushed back into Q4
Preferred feedstocks are now subject to levies, as establishment refiners use political clout to bite back
The company’s expansion will not end with its recent acquisition of Repsol assets in Southeast Asia, says managing director Kenneth Pereira
The Norwegian producer will launch a strategic review to include inorganic growth options
Extreme dry spell is highlighting the need to kickstart the country’s gas liberalisation efforts
The French major continues to trim its portfolio
Most of the country’s ageing refinery capacity remains offline.
Marcellus gas producer has cleared much of its debt worries, painting an optimistic picture that investors are getting behind
Buyers are becoming less keen on being locked in for the long term amid a rapidly evolving market and rising demand
Political downstream agenda and company track record cause unease over Texas refinery purchase
Baghdad needs to improve its relationship with international partners. But beware assuming there are easy answers
Regasification plans look to benefit from supply security concerns despite continuing anti-gas sentiment
China’s gas market is poised for rapid expansion, but decarbonisation efforts may end the party sooner than previously expected
The short-term boost to government coffers from crude’s rally will likely postpone any significant changes
A new sustainable aviation proposal is set to supercharge so-far fledgling efforts
Rebounding gasoline demand is outpacing that of the rest of the barrel—particularly jet—and causing headaches for refiners
The IMO’s ambitious emission goals are still reliant on as-yet unproven technology
The Petroleum Industry Bill reached an important milestone at the start of July
Mexican authorities rule in favour of NOC Pemex, raising doubts about the speed to first oil
The Andean country’s recent troubles highlight the need to encourage exploration
The county’s crude demand may remain constrained this year, but the future is still bright
The Kingdom has a radically divergent perspective on both the short- and long-term oil market. And that could mean the cracks in the cartel only getting wider
The country’s various refining projects appear to have stalled, with the exception of one South African-backed scheme
There are plenty of large sellers and smaller buyers, but there may be a medium-size missing piece
Despite current unusually high prices, the agency is relatively relaxed that portfolio LNG can replace domestic swing without the need for radical change in European contracting
Near-term output is expected to wane despite political backing for the Willow project
Oft-promised upgrades and greenfield facilities are again making putative progress
Upstream firms are opening their wallets again as offshore prospects look more lucrative
US firm expects Concho synergies in the Permian to dramatically lift revenues over the next decade
A likely, albeit not certain, revival of the JCPOA agreement could see a swift rebound in Iranian barrels, says veteran analyst
Different segments of the South African state are in dispute over plans to employ more gas-fired generation capacity, in the form of powerships
Baghdad’s revisiting on contractual terms may need to be radical to stop IOC flight and offer alternatives to China
Iran may face crude transportation bottlenecks if and when sanctions are lifted
No longer having to choose between price and market share means the cartel does not need to rush to ease cuts, says analyst
Development of liquid markets will require sufficient marketable hydrogen volumes as well as free access to pipelines, terminals and storages
Extreme market volatility is subsiding, tempting operators to acquire promising assets and lift production
Despite oil companies the world over mothballing old refineries and putting new projects on hold, there has been a recent bustle of activity in sub-Saharan Africa
New projects are steadily making progress, but there is still the long-term uncertainty of a permanent federal lease ban
The auctioning process for the Transfer of Rights fields has been streamlined, and hopes are high for a better showing at the end of the year
Firm sets aggressive new 2050 decarbonisation promise with rare scope three emissions detail
Carbon capture and hydrogen high on agenda, but good returns from hydrocarbons still a priority
Concerned about supply security, Australia plans to fund its last two refineries standing for at least the next six years.
Climate and carbon dominated the recent Appea conference
The Australian firm plans to achieve net-zero emissions from its Pluto LNG project in Western Australia by 2050
The previously exploration-focused firm has expanded its footprint offshore Brazil and is now eyeing further production opportunities
Existing Ras Laffan trains could cover costs even if LNG prices went to zero
As European gas prices rise, the region’s discount to Asia-Pacific is decreasing
QP CEO says offers to buy top 60mn t/yr, but an increase in spot market volumes should still not be ruled out
Middle Eastern NOCs have turned to the downstream to take greater control over the global supply chain
Oil Sands Pathway offers sector renewed long-term hope
The expansion to Nigeria’s liquefaction capacity will face growing global competition
The trader raises the possibility of $100/bl crude next year
A range of available tools and scalable technologies is helping drive the hydrocarbons industry towards a low methane future
The IOC is moving towards Industry 4.0 by building its own AI-based analytics platform
The company might not have given up on its Kenyan ambitions
Abu Dhabi has resumed the chase towards long-term capacity targets
The firm’s NCS near-field exploration strategy pays off again
Production from the Liza project is ramping up, but operators still have plenty of exploration options ahead
State-owned Pertamina may see further expansion of its role if more international firms exit without finding alternative buyers
Efforts to can Mexico’s historic energy reforms face further hurdles after government fails to sweep Congressional mid-terms
The commodity trader believes its reduced focus on liquids trading compared with its peers could offer it an advantage in the energy transition
NCS operator Lundin is touting its ‘green’ Johan Sverdrup barrels. Its CEO argues that represents it doing its bit
The Omani government’s focus is reluctantly shifting to managing output decline
Disappointing Cambodian exploration results seal Singaporean independent’s fate
Rules for new prospects should be extended to mature fields, according to the domestic producer
A former trader proves an illuminating guide to the messy and ad hoc way that multi-billion dollar crude markets have been born and developed
Far from looking towards the sunset of oil and gas production, the Scandinavian nation is keen to build up a better picture of reserves even where E&P is not yet allowed
The French major plans to produce 190,000bl/d from six fields at the Tilenga development
Relative stability is bolstering the North African nation’s rehabilitation programme, although significant investment challenges remain