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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
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
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
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
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
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
Gas should fare better than oil under Canada’s new regime
The new federal government appears far more supportive of oil and gas than former prime minister Justin Trudeau’s climate-focused administration, but the prospects look better for the latter hydrocarbon
Letter from Europe: Western retreat raises doubts over climate leadership
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
Mexico must overhaul its NOC
Crucial structural reforms and change in operating philosophy are needed to arrest PEMEX’s ongoing decline and restore oil production growth
An all-energy stance
A balanced approach—combining hydrocarbons, renewables and emerging clean technologies—is essential for both energy security and sustainability
Mexican President, Andres Manuel Lopez Obrador
Mexico Politics
Vincent Lauerman
3 May 2024
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Mexico’s election could evolve oil nationalism

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

Andres Lopez Obrador has caused an earthquake in Mexican politics since winning the presidential election in June 2018. And despite his left-wing, populist social policies being much more successful than his nationalistic energy ones, his protege, Claudia Sheinbaum, and their political party, Morena, are well-placed to dominate the presidential, congressional and gubernatorial elections on 2 June. In an attempt to slow the Morena juggernaut, the three main political parties from Mexico’s past—the left-wing PRD, centrist PRI and right-wing PAN—are fielding a single presidential candidate, Xochitl Galvez. Nevertheless, Sheinbaum is ahead by 29 percentage points, at 61% support, based on the Bl

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New Zealand is back open for business
11 December 2025
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New Zealand’s gas horror story will haunt for years to come
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal

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