Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Dangote: Big ambitions, harsh realities
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
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
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
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
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
Outlook 2026: Renewal and growth in Nigeria’s upstream sector
Government reforms are restoring investor confidence in the country’s oil and gas industry
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
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
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
Canada's oil growth optimism
Companies are bullish despite combined effect of market volatility, tariff threats, regulatory issues and midstream constraints
Canada Keystone XL Venezuela Nigeria Libya Saudi Arabia Opec Iraq US
Derek Brower
27 February 2018
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Energy risk in all shapes, all sizes

Geopolitics may be bullish or bearish. But it will almost certainly bring volatility to the oil market

The beverage options in Calgary restaurants just narrowed. On 6 February, Alberta's premier Rachel Notley announced that her province was now banning imports of wine from British Columbia (BC). It is the first shot in a budding trade war between the neighbouring provinces. BC is blocking the expansion of a pipeline from the oil sands to the Pacific Coast. Notley now says that unless BC lifts its objections, Alberta might stop trading electricity across the border. For Alberta, the BC foot-dragging over Kinder Morgan's C$7.4bn ($5.8bn) plan to almost treble capacity of the Trans Mountain pipeline, to 890,000 barrels a day, is serious stuff. Evacuation capacity from the oil sands will be insuf

Also in this section
QatarEnergy and JERA enter new LNG chapter
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal 
Evolving partnerships in LNG
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
Dangote: Big ambitions, harsh realities
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
EU methane regulation could backfire
5 February 2026
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

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search