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OPEC+ off-target in July
The producers’ group missed its output increase target for the month and may soon face a critical test of its strategy
The great OPEC+ reset
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead
Middle East gas can power regional prosperity
The Middle East natural gas playbook is being rewritten. The fuel source offers the region a pathway to a cleaner, sustainable and affordable means of local power, to fasttrack economic development and as a lucrative opportunity to better monetise its energy resources.
Iraq’s tangled Ceyhan oil web
KRG, Iraq’s central government and Turkey are all working to get exports flowing from the key port, but complications remain
Letter from Austria: OPEC delivers wake-up call
A brutally honest picture about the potential role of oil and gas in 2050 should prompt policymakers to not only reflect but also change course to meet vital energy needs
OPEC+’s extra barrels mostly made of paper
Robust demand and a limited supply of additional physical barrels from key OPEC+ producers has kept the oil market in a healthy price range
IEA and OPEC energy assumptions on fragile ground
Geopolitical uncertainty casts a pall over expectations around demand, supply, investment and spare capacity
Saudi Arabia and Russia pull OPEC+ in different directions
The two oil heavyweights’ diverging fiscal considerations are straining unity within the group
Iraq seeks alternatives to Iranian gas
The country is facing energy shortfalls this summer amid reduced Iranian gas imports and difficulties leasing an FSRU
OPEC+ still showing restraint
Petroleum Economist analysis shows OPEC bringing back some barrels in May, but fewer than expected, while OPEC+ continues to see output fall
Iraq Opec Kurdistan
James Gavin
12 July 2017
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Iraq starts to get grip on security

Career diplomat Sir Jeremy Greenstock, now chairman of London-based Gatehouse Advisory Partners and of Lambert Energy Advisory, is optimistic about Iraq's future

As security forces struggle to oust Islamic State (IS) from its outpost in Mosul, Iraq is elbowing its way back into the international headlines. The battle to retake the northern Iraqi city was approaching its ninth month as Petroleum Economist went to press. Iraqi forces, backed by US troops, were trying to dislodge a hard-core of jihadists from the west of the city. The parallels with the situation in 2003, as the US-led occupation forces swiftly swept aside Saddam Hussein, are plain—then, too, the question was what would come next. It's a question that Sir Jeremy Greenstock grapples with in his new book Iraq: The Cost of War. The book has been suppressed for 11 years by the British gover

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