Articles
6 February 2026
QatarEnergy and JERA enter new LNG chapter
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal 
6 February 2026
Evolving partnerships in LNG
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Dangote: Big ambitions, harsh realities
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
EU methane regulation could backfire
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
5 February 2026
LNG in 2026: What factors to watch
Petroleum Economist examines the critical developments that look set to govern the course of the LNG market for this year
5 February 2026
LNG2026 Show Daily: Day 4
Catch up on the highlights of the LNG2026 conference in Doha, Qatar, with the latest show daily
4 February 2026
Lower-carbon world cannot happen without LNG
Energy leaders at LNG2026 in Doha emphasise that, with addition rather than transition driving consumption needs, LNG will play a necessary and complementary role for the foreseeable future
4 February 2026
LNG2026 Show Daily: Day 3
Catch up on the highlights of the LNG2026 conference in Doha, Qatar, with the latest show daily
4 February 2026
Arctic LNG 2 adds Arc7 to its shadow fleet
Having found a steady buyer in China for its sanctioned gas, the Russian project is positioned for nearly year-round operations, yet its 11-vessel ‘shadow fleet’ is still insufficient to achieve anywhere near capacity utilisation.
4 February 2026
LNG synonymous with security of supply
Top industry executives at LNG2026 in Doha argue that LNG has shown its mettle in the face of geopolitical risk and disruption
3 February 2026
IGU secretary general urges continued innovation in gas industry
Sector’s success depends on ‘constant innovation and optimisation’, Mel Ydreos tells delegates as he warns against complacency and urges industry to keep pushing boundaries
3 February 2026
Gas outshines expectations
Industry leaders at LNG2026 in Doha make the case for a critical role for natural gas in the global energy mix for decades to come
3 February 2026
LNG2026 Show Daily: Day 2
Catch up on the highlights of the LNG2026 conference in Doha, Qatar, with the second show daily
2 February 2026
LNG2026 Show Daily: Day 1
The first edition of LNG2026's Official Show Daily, produced by Official Media Partner Petroleum Economist, is now online.
2 February 2026
Baker Hughes calls for new energy truths
CEO Lorenzo Simonelli demands world must ‘rewrite the energy equation together’ amid relentless demand growth, the desire to improve affordability and accessibility, and to lower emissions without hurting supply
30 January 2026
Kuwait: Global reach, petroleum heart
As KPC deepens international partnerships, expands capacity and builds on breakthrough offshore success, Shaikh Nawaf S. Al Sabah says oil interdependence—not self sufficiency—will define the energy system for decades to come
29 January 2026
Letter from Europe: Gas crossroads
Caught between LNG risks from across the Atlantic and the wounds from Russian gas dependence, Europe needs more than a simple diversification strategy
28 January 2026
OPEC+ set to strengthen its hand
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
Indian refiners prove their adaptability
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
Gas deal keeps Lebanon’s offshore hopes alive
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
Letter from Saudi Arabia: Big oil meets big shovel
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
22 January 2026
Turkey locks in more Azeri gas
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
21 January 2026
Oil in 2026: Five factors to watch
Petroleum Economist takes a look at the critical developments that look set to govern the course of the market for this year
20 January 2026
Venezuela upends global heavy crude market
The ripple effects of US refiners switching to Venezuela grades will be felt from Canada to China and everywhere in between
20 January 2026
Saudi Arabia focuses on 'energy future for all' as it hosts WPC Energy Congress for first time
The Kingdom of Saudi Arabia is the host of the 25th WPC Energy Congress on 26-30 April 2026. The Ministry of Energy spoke with Petroleum Economist about the key messages and opportunities for the global energy community.
19 January 2026
Awakening Greece’s gas prospects
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
16 January 2026
Explainer: Iran’s indispensable energy role
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
Oil’s tanker transformation
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Letter from the US: The curse of strong energy exports
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
14 January 2026
Venezuela mismanaged its oil, and US shale benefitted
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
14 January 2026
Outlook 2026: From wells to wafers – How MENA is powering the new energy–data nexus
Leading economies in the region are using oil and gas revenues to fund mineral strategies and power hyperscale computing
14 January 2026
Outlook 2026: Peru 2026 – A confident step into a new energy era
The South American country offers stable, transparent and high-potential opportunities and is now ready for fresh exploration and partnership
13 January 2026
Europe’s rising energy security challenge
Across Europe, countries have grappled with balancing ambitious energy transition plans with realities about security of supply
13 January 2026
Outlook 2026: A new chapter for Namibia – Building an energy future with purpose
The country’s hydrocarbon resources offer a strategic and social opportunity that could see it becoming a leading light in Africa
13 January 2026
Outlook 2026: Renewal and growth in Nigeria’s upstream sector
Government reforms are restoring investor confidence in the country’s oil and gas industry
12 January 2026
Kurdistan starts to deliver on oil promise
Gulf Keystone looks to a ‘transformational’ 2026, with the oil producer upbeat for the region should all the vested interests keep their eyes on the prize
12 January 2026
Outlook 2026: Angola’s upstream transformation and the role of independents
The country is focused on boosting output and offers a winning combination of stability, a reforming government, an established industry and vast untapped reserves
12 January 2026
Outlook 2026: Forging Africa’s energy future – The evolution of the Cabora Bassa project
The African energy landscape is undergoing a profound transformation
9 January 2026
OPEC’s discipline sets tone for 2026
OPEC+ remains on track as output falls, with only Gabon failing to hit its output targets in December, although Kazakhstan’s compliance was involuntary
9 January 2026
Venezuela’s true oil potential
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
9 January 2026
Outlook 2026: China’s ‘electrostate’ vision
While many forecasters are reasserting the importance of oil and gas, petrostates should be under no illusion things are changing, and faster than they might think
8 January 2026
Southeast Asia’s digital age requires the right energy mix
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
8 January 2026
Outlook 2006: The North Sea’s next chapter – From backbone to blueprint
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
8 January 2026
Outlook 2026: APAC is steadily growing and supporting its biofuels industry
The region’s access to versatile feedstock, combined with policy support, is setting it up to meet growing demand both at home and abroad
7 January 2026
Letter from Dubai: Unsung hero gas finds its voice
No longer can the energy source be considered a sidekick to oil in the Middle East and neither should it step aside for less convincing alternatives
7 January 2026
Outlook 2026: How critical mineral partnerships are shaping ASEAN’s energy transition
The global race for critical minerals has become a defining feature of energy geopolitics, presenting the ASEAN region with both opportunity and risk
7 January 2026
Outlook 2026: Building balance – A dual-track strategy in a changing energy landscape
As global energy systems evolve to meet shifting demand and transition pressures, maintaining reliable hydrocarbon supply remains essential to energy security
6 January 2026
Mideast gas sector needs $200b of investment
Cash will be needed to boost production by 30% to meet region’s rapidly rising power demand, executives told the inaugural Middle East Gas Conference in December
6 January 2026
Outlook 2026: The Americas forging the future of global LNG supply
The vast liquefaction capacity being developed in the region, led by the US, is transforming the market
6 January 2026
Outlook 2026: Taking action on flaring and methane emissions
Less than two years after its launch, the World Bank’s Global Flaring and Methane Reduction Partnership is supporting abatement in 17 countries, but with flaring at a near-two-decade peak and methane emissions stubbornly high, there is work to do
6 January 2026
Canada's oil growth optimism
Companies are bullish despite combined effect of market volatility, tariff threats, regulatory issues and midstream constraints
5 January 2026
Outlook 2026: Time for a new international energy order
With the arrival of a multipolar world and 4b energy-poor people, the existing energy order is no longer fit for purpose
5 January 2026
Outlook 2026: Crude on crude – How shale oil flipped the script on the global barrel
Heavy, sour crude and shale oil will battle for market relevance, but it may not be the sweetest barrels that taste victory
5 January 2026
India’s refining project strengthens ties to Mongolia
The Central Asian country’s first oil refinery is being funded by a $1.7b line of credit from New Delhi, but routes in and out of the country remain controlled by Russia and China
2 January 2026
Outlook 2026: Carbon capture in the US – Milestones and the road ahead
This year may be a defining one for carbon capture, utilisation and storage in the US, despite the institutional uncertainty
2 January 2026
Outlook 2026: Portable cryogenic tanks – Creating new energy pathways
Cryogenic tanks offer flexible transit options for the new generation of low-carbon molecules
2 January 2026
Outlook 2026: Freedom gas, captive buyer
Japan once wrote the book on LNG supply diversification, but it is now looking increasingly reliant on a single major provider
30 December 2025
Outlook 2026: Underground gas storage – A critical pillar for global energy security
Heightened unpredictability in the global energy market underlines the vital nature of UGS, which provides reliability, affordability and resilience
29 December 2025
Outlook 2026: The algorithmic arms race for energy
The surge in power demand created by the AI boom means energy policy and national security are now one and the same
24 December 2025
Outlook 2026: Grand plan for offshore leasing should give boost to US Gulf
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
Outlook 2026: Revitalising Syria’s oil and gas sector – A new chapter
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
Outlook 2026: CCS in Germany and in the UK – From baby steps to world leadership in innovation
Legislative reform in Germany sets the stage for commercial carbon capture and transport at a national level, while the UK has already seen financial close on major CCS clusters
23 December 2025
Outlook 2026: LNG markets and the overhang
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Outlook 2026: Energy realism regains the initiative from energy idealism
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
22 December 2025
Outlook 2026: The US energy paradox – Efficiency at home, influence abroad
The US’ domestic energy market may be stagnating, but its role in the global energy system looks set to bloom
22 December 2025
Outlook 2026: Energy transition – Quo vadis in 2026 and beyond
With a rapidly rising global population and energy security and affordability at the top of countries’ agendas, a dose of realism is needed when it comes to the transition
19 December 2025
Outlook 2026: Stability vital for future energy pathways
With global energy demand continuing to rise, the world needs investment, investment and more investment
19 December 2025
Outlook 2026: The geopolitical weaponisation of LNG
Global gas markets are being reshaped by politics as much as by gas prices and fundamentals. From Washington to Doha, Brussels and Beijing, LNG has become a strategic weapon as much as a commodity
19 December 2025
Outlook 2026: LNG’s Pacific FID race heats up – Ramp-ups, rejuvenations and restarts
The US Gulf dominated investment decisions this year, but Asian importers’ concerns over supplier diversity mean the focus is shifting
18 December 2025
Outlook 2026: Trump’s LNG diplomacy will likely run into commercial, regulatory reality
The president is aiming for ‘energy dominance’ via LNG sales, largely to Europe, but supply is set to outstrip demand, and EU regulations remain a stumbling block
18 December 2025
Outlook 2026: South America’s oil growth story masks hidden risks
Brazil, Guyana and Argentina to lead additional crude supply increases, but the rest of the region remains patchy
17 December 2025
Oil price weakness set to curb large-scale M&A
Companies will continue shifting more towards gas, where the outlook is stronger
17 December 2025
A tale of two regulatory landscapes: the UK and Norway
The stark contrasts between the UK and Norway demonstrate how policy stability can shape the long-term trajectory of a mature basin
16 December 2025
Special Report: Lighting the way out of bad energy policy
How New Zealand highlights the importance of a clear, consistent and considered approach to oil and gas
16 December 2025
Petroleum Economist: December 2025/January 2026
The December 2025/January 2026 issue of Petroleum Economist is out now!
16 December 2025
Outlook 2026: The next oil shock – From peak demand mirage to structural tightness
Oil prices look set to come under pressure next year as oversupply hits, but longer-term the risk is underinvestment as demand continues to grow past 2030
16 December 2025
Why the Gulf will be the stabilising force in an uncertain energy transition
Abdullah Aljarboua serves as a senior fellow in the energy macro & microeconomics programme at KAPSARC. His work spans macroeconomics, energy-economic modelling, large-scale optimisation and advanced computational techniques for modelling complex energy policy dynamics. Here he speaks with Petroleum Economist about the Gulf region’s role in shaping the energy landscape over the coming decades
15 December 2025
Outlook 2026: US onshore holds steady at sluggish rate as shale stagnates
As contradictory as it might seem, US oil output has continued to grow over the last several years, even as drilling in the shale plays has maintained a slow decline. This improbable dichotomy is a testimony to the industry’s technological prowess
15 December 2025
Outlook 2026: UK electricity – Today and tomorrow
Net zero is not the problem for the UK’s power system. The real issue is with an outdated market design in desperate need of modernisation
12 December 2025
Outlook 2026
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
12 December 2025
Canada’s Asian pivot faces hurdles
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
11 December 2025
New Zealand is back open for business
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
New Zealand’s gas horror story will haunt for years to come
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
9 December 2025
OPEC presses pause
The group’s oil production declined in November, our latest analysis finds, amid divided sentiment over market balances and geopolitical jitters
8 December 2025
The looming risks of a US-Venezuela war
The Caribbean country’s role in the global oil market is significantly diminished, but disruptions caused by outright conflict would still have implications for US Gulf Coast refineries
5 December 2025
Learning from oil’s supercycle miss
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Explainer: What do Russia’s oil giants own overseas?
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Letter from Saudi Arabia: US-Saudi energy ties enter a new phase
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
Letter from London: Oil’s golden triangle
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
Libya’s upstream caught between hope and caution
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
1 December 2025
Equinor: Keeping offshore
The Norwegian NOC has used its offshore oil and gas prowess to expand into offshore wind, but project setbacks and lower returns are a concern for investors
28 November 2025
Reality bites for Indonesia’s oil ambition
A more pragmatic approach has seen the country reverse its production decline in 2025 but its 1m b/d target still seems out of reach
27 November 2025
The complex crude glut picture
The swelling crude supply story involves the key plot twists of reluctant buyers, limited oil stocks and refiners playing the long game
27 November 2025
Alberta’s energy hub sees silver lining
US tariffs bolster Alberta’s Industrial Heartland exports to Asia
26 November 2025
Eni: Success through satellites
The Italian firm is unique among IOCs in setting up entities specialising in particular regions and low-carbon technologies, creating greater flexibility in attracting investment
25 November 2025
Letter from Abu Dhabi: ADNOC’s evolution putting it atop the energy chain
Once a national oil champion, the company is now so much more
25 November 2025
XRG breaks the mould of Gulf NOCs
In the year since its formation, ADNOC’s energy investment company has made ambitious forays into M&A. With new leadership appointees from Wall Street’s elite, the scale of that ambition is set to ramp up
25 November 2025
Peru: The new energy frontier in South America
The country is open for business and is unlocking vast opportunities for both onshore and offshore exploration
24 November 2025
Sonatrach feels the winds of change
Algeria’s state energy company has new leadership looking to inject fresh momentum into its upstream E&P sector—with majors’ interest piqued by untapped unconventional gas deposits
21 November 2025
Tax policy will shape Russia’s oil future
The consensus among market observers is that the country’s oil output will fall in the long term. Yet few recognise how Moscow’s shifting tax regime is designed to keep the next barrel commercially viable
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