Articles
19 December 2024
Deepwater Development Conference welcomes Shell’s deepwater development manager to advisory board for March 2025 event
19 December 2024
The government must take the opportunity to harness the sector’s immense potential to support the long-term development of the UK’s low-carbon sector
18 December 2024
The energy transition will not succeed without a reliable baseload, but the world risks a shortfall unless more money goes into gas
18 December 2024
The December/January issue of Petroleum Economist is out now!
17 December 2024
Structurally lower GDP growth and the need for a different economic model will contribute to a significant slowdown
17 December 2024
Policymakers and stakeholders must work together to develop a stable and predictable fiscal regime that prioritises the country’s energy security and economy
17 December 2024
The incoming administration is expected to quickly change-up the LNG approvals process and boost several major projects to FID. But market fundamentals still matter
16 December 2024
Middle East grades remain a diminished but important part of the South Asian country’s diet, especially as new refining capacity comes online
16 December 2024
As gas supplies dwindle, LNG becomes the only viable solution in a state that has focused on transition
16 December 2024
China drove the market for crude into the doldrums in 2024 with a big drop in demand, but a turnaround looks likely next year
16 December 2024
Canadian and Iranian barrels being snapped up by China’s smaller refineries amid weaker domestic demand
13 December 2024
The independent is now seeking to expand its operations
13 December 2024
Flexibility and sharing of risk in gas buying and selling is becoming more essential
13 December 2024
After a recent surge led to 2024 consolidation matching that of previous years, there is less optimism the feat will be repeated in 2025
12 December 2024
The oil and gas sector’s renewed upstream activity stands in marked contrast to just a few years ago, highlighting that the market does indeed cycle
11 December 2024
London-listed IOC is pivoting back towards oil and gas and refocusing its clean energy business, with its Indonesia investment a perfect example of this new way forward
11 December 2024
Potential tariff hikes against Canada and Mexico may hurt US refiners and change supply dynamics in global oil trade reshuffle
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
10 December 2024
The collapse of the Syrian dictator’s regime will weaken Tehran in profound ways both economically and geopolitically
9 December 2024
Editor-in-chief recognised by Cititec as among the 50 voices in commodities worth following
6 December 2024
A trade war may damage US economic growth, with commodity producers the ultimate losers if history is a guide
6 December 2024
The NOCs are both looking to take advantage of the petrochemicals boom, with the Saudi firm snapping up stakes in Asian JVs tied to offtake agreements and its Emirati counterpart striking big M&A deals
5 December 2024
While Donald Trump’s future sanctions policy is anything but certain, he may use a ‘carrot and stick’ approach to pursue an end to the war in Ukraine, although any changes will not happen overnight
5 December 2024
The latest sanctions on Gazprombank and other Russian banks may cause disruption, but willing buyers of Russian energy will find ways to continue payments
5 December 2024
The new edition of Outlook, our annual publication about the year ahead for energy, produced in association with White & Case, is available now
4 December 2024
Associated gas from legacy oil basins could offer a new lease of life to wobbling shale gas production and cement US powerhouse status
3 December 2024
Papua New Guinea’s LNG sector appears to be back on track, with other projects in the pipeline
2 December 2024
Crucial role of gas means country is laying the foundations to control physical and trading supply chains
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
Although Iraq remains a major crude exporter, it is still some way from becoming a regional energy supply hub. Ambitious new cross-border schemes aim to rectify that situation
29 November 2024
There are opportunities for attractive returns and greater project success amid a real push by the Iraqi government for reform, as long as there is a shared understanding between the needs of investors and the host government
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Transforming Iraq’s natural gas sector is the key to the country’s energy self-sufficiency, allowing it to chart a course towards becoming a supply hub for the wider region
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth
28 November 2024
Chairman talks up IOC and NOC tie-ups to help substantially boost oil and gas production over the next two years
27 November 2024
Warnings in 2022 of a potential three-winter European gas price crisis remain pertinent amid push-pull from the US and Russia
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Secretary General Hamel warns on gas underinvestment, and highlights the energy source as playing a transitional role in the West and being a destination fuel in the Global South
25 November 2024
The Nigerian mega-refinery has yet to reach its full product-producing potential
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
19 November 2024
Energy minister says country is delaying first oil production until pipeline and refinery are ready
18 November 2024
The company is on track to boost import terminal capacity by 40% in three years, CEO Akshay Kumar Singh tells Petroleum Economist
15 November 2024
With Chevron and AIM-listed Challenger Energy having completed their Uruguayan farm-out deal, Challenger CEO Eytan Uliel updates Petroleum Economist on the firm's progress in the frontier basin
14 November 2024
The country is seeking to secure its position as a major global refiner and meet rising domestic requirements
13 November 2024
IOCs are focused on the next wave of exploration activity in Namibia and are keen to learn from one another’s results
12 November 2024
The November issue of Petroleum Economist is out now!
12 November 2024
The move by OPEC+’s inner circle to extend voluntary production cuts once again demonstrates that the oil market continually misunderstands the group
11 November 2024
The lack of a gas supply contract means the development is likely to face further delays
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
8 November 2024
The former president’s victory likely heralds the return of a more market-oriented energy policy
7 November 2024
The move could have major ramifications for the LNG sector
6 November 2024
The crumbling of the country’s postwar political consensus may bolster the country’s LNG demand outlook by stymieing planned nuclear restarts
5 November 2024
Mongolia hopes to launch its first refinery within two years as it seeks to free itself from Russian dependence, while a similar plant in Tajikistan remains inactive six years after its completion
4 November 2024
The country’s offshore basin remains highly competitive and attractive to IOCs, despite the presence of some geological challenges
1 November 2024
Ashgabat’s ambitions appear to mesh well with China’s growing appetite for gas
31 October 2024
The country is nearing a tipping point as its domestic needs continue to grow
30 October 2024
Attempts to control domestic fuel prices could threaten supply
29 October 2024
After some delay, the much-heralded sale of oil and gas companies’ mature upstream assets in sub-Saharan Africa has gained fresh momentum, with a clutch of deals reaching completion
27 October 2024
Extreme weather conditions are compounding upstream challenges and pressuring governments across the region
25 October 2024
Trader sees potential for M&A as oil prices come down, says chairman Torbjorn Tornqvist
24 October 2024
Producers in the region see significant gains to be made by boosting output using the infrastructure already in place
23 October 2024
Markets have seen no material disruption from the war so far, but as the fighting goes on it is a matter of when, not if
23 October 2024
Majors in the region are pushing boundaries and could see significant upside, but longer-term risks remain
22 October 2024
Angola is unlikely to meet the official timeline for an IPO of state-owned oil giant Sonangol in 2026
21 October 2024
Companies operating offshore assets in the region are unlikely to halt development plans for now, even as hostilities intensify
21 October 2024
For the tanker market, recent escalation in the Mideast conflict has largely been offset by soft fundamentals
21 October 2024
Gulf Energy Information will host the largest women's event in the energy industry on 19–20 November in Houston, Texas
21 October 2024
The oil markets may be poised to experience a price slump mirroring the history of the gas sector
18 October 2024
There is a growing impulse to nationalise Russia’s energy sector out of its difficulties, but any steps in this direction would not be taken overnight
18 October 2024
An escalation in the conflict could threaten global oil supplies, so why is the market not reacting?
17 October 2024
In our final look back into the Petroleum Economist archives, we turn the clock back to September 2016
16 October 2024
The impact from Libya’s lost barrels versus the threats to Iranian supply highlight the type of buffer in the oil market and the demand implications
16 October 2024
The Arab oil embargo of 1973 was a turning point for the global oil and gas industry. As part of our 90th anniversary series, we republish how Petroleum Economist covered this critical story
16 October 2024
The EU may be officially phasing out Russian gas, but in reality there remains potential for Turkey to help Moscow repackage its molecules for westward transit
15 October 2024
UAE energy minister warns oil sector of the chaos that may ensue without OPEC+ market management
14 October 2024
The country is looking to position itself as a bridge for gas supplies from east to west, but whether Europe will need this gas remains to be seen
11 October 2024
Industry investing in significant pipeline infrastructure to further improve the efficiencies of its network and cut costs
10 October 2024
The Gulf Energy Information Excellence Awards 2024 celebrated the industry's top innovators at a gala in Houston, recognising achievements in categories ranging from digital transformation to sustainability
10 October 2024
The October issue of Petroleum Economist is out now!
10 October 2024
Either Donald Trump or Kamala Harris will enter the White House as president in January 2025, and the gulf between their energy and climate policy agendas will have global implications
9 October 2024
Saudi Arabia has made major advances in realising its gas ambitions this year, but challenges remain
8 October 2024
History shows us that there is a long way to go from candidate proposals to policy implementation
7 October 2024
Geopolitical developments and market shifts mean US LNG will be a vital component in Europe's energy strategy and decarbonisation efforts
7 October 2024
Hopes for a recovery by the North African oil producer remain in tatters
4 October 2024
Economic ill-health may be a wake-up call to the world about the Asian nation’s shifting oil buying status
3 October 2024
The formation’s gas-to-oil ratio is set to keep rising, but new markets and midstream plans mean infrastructure constraints may not be an issue
2 October 2024
Geopolitical strife embroiling Iran and political corruption in Venezuela suggest little near-term change to oil production from either of the sanctioned states
1 October 2024
Our look into Petroleum Economist's archives continues with October 1960 coverage of another key moment in the history of oil and gas: the founding of OPEC
1 October 2024
In an age of ‘poly crisis’ and ‘radical uncertainty’ the only thing we can say about the future is that it will not be business as usual
30 September 2024
The days of bumper output may be behind the producer, but moderate growth could persist for some time, especially if demand and oil prices stay high
30 September 2024
China’s state-owned oil companies have succeeded in raising domestic oil and gas production, but their refining businesses are being squeezed
27 September 2024
A sanctions-defying ‘shadow fleet’ is being assembled, but it remains unclear where Russia will sell the liquefied gas while Arctic LNG 2 remains strangled by sanctions
27 September 2024
The country faces big challenges as it seeks to replace Western suppliers when it comes to LNG carriers, while sanctions have all-but halted its petrochemicals expansion
26 September 2024
As part of our 90th anniversary, we take a look at how Petroleum Economist covered key events in the history of oil and gas. Firstly, our founder Oskar Tokayer reports on Japan's war in the Pacific in January 1942
26 September 2024
The country’s widening energy deficit could have a knock-on effect on energy-intensive industries
25 September 2024
The country inherited a near self-sufficient oil and gas industry from the USSR, and it is working fast to eliminate shortfalls in its domestic capability, where advanced drilling and subsea technologies remain a vulnerability
25 September 2024
Purchasing from region will help determine if prices will stay buoyant in the second half of this decade as supply increases, with significant volumes due online in the next three years
