Articles
26 July 2024
Oil majors play it safe amid unfavourable terms in latest oil and gas licensing bid rounds allowing Chinese low-ball moves
25 July 2024
Despite huge efforts by India’s government to accelerate crude production, India’s dependency shows no sign of easing
24 July 2024
Diesel and jet fuel supplies face a timebomb in just four years, and even gasoline may not be immune
23 July 2024
Rosneft’s Arctic megaproject is happening despite sanctions, a lack of foreign investment and OPEC+ restrictions. But it will take a long time for its colossal potential to be realised
19 July 2024
Awards experience 20% increase in nominations this year, with submissions from 27 countries
19 July 2024
Major sees huge opportunities with Pavilion Energy purchase and spate of global gas moves
18 July 2024
Emirati NOC’s new low-carbon liquefaction plant to benefit from low gas cost and marketing might
17 July 2024
New reformist leadership is unlikely to see any quick changes to relations with the West, but Iran has opportunity to boost its energy and foreign policy options
15 July 2024
The controversial trimmed down version of the ‘omnibus bill’ promises to attract more foreign investment to sectors including oil and gas, but critics raise concern it still goes too far
12 July 2024
The July issue of Petroleum Economist is out now!
12 July 2024
The current wave of investment comes after Africa’s importance as an energy supplier to China has declined in recent years
11 July 2024
Watkins will leverage her financial acumen and strategic insight to lead Gulf’s commercial initiatives across media, events, and market intelligence
11 July 2024
But regulatory and feedstock issues continue to hinder the pace of progress
10 July 2024
Once energy security is achieved, Africa can play a greater global role as it builds out its downstream, Anibor Kragha, chief executive of the African Refiners and Distributors Association, tells Petroleum Economist
9 July 2024
Chinese firms may be poised to move into trading, amid a burgeoning glut of supply and capacity
8 July 2024
But the commissioning process is ongoing and initial gasoline output may be limited
5 July 2024
Scepticism towards the energy transition reigns in the tank storage industry
4 July 2024
Marathon deal indicative of a maturing shale industry amid greater consolidation and fewer acquisition targets
3 July 2024
Two big onshore developments face further delay as lenders wait on poll results within the country and in the US
2 July 2024
The Italian IOC sharpens focus on gas but sees ‘no one solution’ to the energy transition
1 July 2024
Blocks I, VI and Z-69 represent an excellent investment opportunity in the energy sector, producing fields, accessibility, infrastructure, guaranteed market and proximity to the modern Talara refinery
1 July 2024
Political rancour is rising as politicians appeal for environmental licence to explore the mouth of the Amazon
28 June 2024
Russian oil may be top of India’s menu, but its appetite for Middle East grades will always be a crucial part of the diet
27 June 2024
The independent is keen to supply feedgas for Angola LNG and is assessing opportunities both in and beyond the southern African nation
26 June 2024
Exploration efforts are increasingly spreading into South African and even South American waters
25 June 2024
This time feels different for Africa as it looks to deliver on its gas promise and potential
24 June 2024
The addition of US crude to the world’s top oil benchmark has finally solved its North Sea conundrum and laid down a marker for the future
21 June 2024
Panoro Energy’s senior advisor, Tim O’Hanlon, is upbeat on Gulf of Guinea upstream opportunities but highlights gas and LNG as next big growth story
20 June 2024
Emir Sheikh Mishal al-Ahmad al-Sabah’s dissolution of parliament gives him more power to shape decisions on the country’s oil and gas future
19 June 2024
The feud between the IEA and OPEC highlights how the lines between reality and fantasy over oil demand have become blurred, with huge ramifications for investment
18 June 2024
This will be a transformative year for the West African nation, as first LNG is also expected before the end of 2024
17 June 2024
The company is also working to sustain output from its Thai-focused portfolio into the 2030s
15 June 2024
Noble deal to acquire Diamond Offshore changes an industry ripe for consolidation
14 June 2024
Russia may be looking to create a dark fleet of LNG carriers to get around sanctions on Arctic LNG 2, but it will be hard to replicate its success with shadow oil tankers
13 June 2024
Italian firm sharpens gas focus and ramps up E&P while pursuing satellite strategy
12 June 2024
OPEC watchers should not undervalue the buying power of refiners in the changing oil market equation
11 June 2024
Meleck crude is a low-sulphur grade
10 June 2024
Tokyo and Japan’s utilities continue to back LNG projects, even as the country’s demand declines
8 June 2024
The impressive agreement struck between OPEC and its allies highlights the powers and limits of the group
7 June 2024
Q2 demand growth is looking robust after a strong Q1
6 June 2024
Output looks to a growth model based around doing more with less given green policy pressure, with tech advancements, equipment upgrades and fiscal tools key
6 June 2024
The June issue of Petroleum Economist is out now!
5 June 2024
Canada’s oil hub looks to the future amid a supportive geological and investment environment
4 June 2024
Russia’s pivot to the east is encountering barriers among the Central Asian republics and due to China’s reluctance to become too dependent on Russian gas
3 June 2024
Federal government restricts activity in Alaskan petroleum reserve but leaves current arrangements like Willow alone
2 June 2024
Backroom political deal-making has undermined the government’s long-term vision for the domestic gas sector
31 May 2024
Washington has put oil and gas sanctions back in place while Venezuela prepares for elections. But exemptions remain as the Biden administration looks to domestic gasoline prices ahead of the US’ own elections later this year
30 May 2024
Woodside, BP and Shell are among the companies actively pursuing gas developments in the country’s waters
29 May 2024
Kaminho deepwater FID raises hopes of reigniting much-needed further investment in ailing sector
28 May 2024
Lacking either the ability to generate cash for the Kremlin or serve as its geopolitical tool, Gazprom has lost its purpose
27 May 2024
World’s third-largest consumer should see sturdy growth in oil consumption during 2024 even if prices rise
24 May 2024
Tehran is in a renewed political crisis, but its ability to find buyers for its crude exports hands it a lifeline
24 May 2024
Eight blocks in the Lower Congo and Kwanza onshore basins available for award
23 May 2024
Make no mistake, Africa has a crucial and increasingly important role within OPEC, even given its relatively small production volumes and the departure of Angola
22 May 2024
From deglobalisation to potential shortages, policymakers must be mindful of the law of unintended consequences
21 May 2024
With just a small presence from the oil and gas industry, the World Energy Council’s biennial congress gave a stark reminder of Europe’s energy priorities
20 May 2024
Not for the first time, a foreign oil company-led project in Iraq’s Kurdistan region is dealing with the aftermath of a deadly drone attack
17 May 2024
The latest drought crisis is passing, but longer-term solutions are in motion, explains Panama Canal Authority Administrator Ricaurte Vasquez Morales
16 May 2024
Flat oil growth in 2024 highlights mounting industry problems
15 May 2024
Five years ago, Uzbekistan turned to a private company called Saneg to reverse the fortunes of its oil industry. Results so far are encouraging, and according to CEO Tulkin Yusupov, further progress is on the way
14 May 2024
But there is still plenty of appetite for the country’s LNG in the Asia-Pacific region
14 May 2024
The former CEO of Pioneer, Scott Sheffield, has opened a can of worms through his association with OPEC+ and its market management strategy
13 May 2024
OPEC+ has huge amounts of spare capacity amid a tightening market, but nothing can be taken for granted given unclear economic trajectories and geopolitical unrest
13 May 2024
But optimism about island nation checked by competition around African upstream investment and history of false dawns
10 May 2024
The US’ contentious LNG permitting pause has prompted criticism from CEOs and wildly differing interpretations from politicians
9 May 2024
Pipeline boosts Canada’s oil industry by widening its export options, making it less reliant on US market and bringing Asia into the mix
8 May 2024
The May issue of Petroleum Economist is out now!
8 May 2024
Despite Australia’s first import terminal nearing completion, the prospect of additional regasification projects is far from certain
7 May 2024
Ample stocks and a soft demand outlook will limit how much LNG Europe can import this year
3 May 2024
Upcoming elections are likely to deliver a win for the party of president Andres Lopez Obrador, but analysts differ over to what degree his successor will stick to his energy policies
2 May 2024
Faster-than-expected economic growth fails to mask macro imbalances and shifting structural oil product trends
1 May 2024
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
30 April 2024
While its regional neighbours reap the rewards of oil and gas success, Iraq’s hydrocarbons sector is lagging behind
29 April 2024
Although recent, firmer gas prices have blunted some price-sensitive demand, the overall growth outlook remains robust
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing
26 April 2024
Slowing demand growth and capacity expansions will squeeze refiners in coming years
25 April 2024
Some companies with assets in Israel have turned towards Egypt as tensions escalate, but others are holding firm despite rising tensions
24 April 2024
But even planned exploration activity is unlikely to reverse declining output from mature fields
23 April 2024
Cheaper Russian barrels and lower overall crude prices have helped cut key oil consumer’s import bills in election year
22 April 2024
Pursuing three different goals as part of the same package may mean achieving none of them
22 April 2024
Beijing’s renewed targeting of NOC management could threaten investment
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
