Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Saudi Arabia and Russia pull OPEC+ in different directions
The two oil heavyweights’ diverging fiscal considerations are straining unity within the group
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
Giant oil and gas discoveries may prove irrelevant
The energy transition is increasing the risk of huge discoveries becoming stranded indefinitely
Brent heads for $82/bl as Opec+ holds steady
The cartel dashes expectations it might boost production ahead of schedule
Iraq shrugs off partner uncertainty to lift long-term target
The country has lifted its long-term production target to 8mn bl/d despite continued murmurings about IOC dissatisfaction
Flare capture offers easy wins
Reducing gas flaring can both accelerate progress to net-zero and offer a swift boost to industry credibility
Central bank holds key to Gabon’s oil future
If oil companies are forced to hold revenues in the local currency—combined with mandated Opec cuts—the Central African country will struggle to attract the new investment it desires
Iraq and Iran move further apart
Baghdad’s pivot away from its neighbour is increasingly extending to their shared resources
Nigeria has a major problem
Opec production cuts matter far less than international companies deciding to scale back production and capex
Angola revival stalled by global demand slump
Sharply lower oil prices mean the West African country will find it difficult to finance the investment needed to replace its ageing offshore fields
Venezuela Opec
Alastair O’Dell
Senior Editor
11 October 2019
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Opec confronts security and investment challenges

The organisation’s secretary general has concerns on vulnerability of infrastructure and ESG investment agenda

The oil industry faces two escalating challenges in the shape of risks of attacks on refineries and other infrastructure and investors turning away from the sector, Opec secretary general Mohammad Sanusi Barkindo told delegates at the Oil & Money conference in London on Thursday.  The drone and missile attack on Saudi Aramco’s facilities in September—which took out half of the of the world’s largest producer’s processing capacity—highlighted vulnerabilities to the energy infrastructure more widely.  And Barkindo’s concern was vindicated after the conference when, on Friday morning, Iran confirmed a supertanker, en route to Syria, was hit by missiles. Earlier this week, Turkey embarked on

Also in this section
Israel-Iran war imperils Egypt’s energy supply
18 June 2025
Egypt’s government was already preparing for potential energy shortages this summer, and the loss of Israeli gas supply has made things worse
Argentina makes progress on LNG dream
18 June 2025
Eni is joining the first phase of the 30mt/yr ARGLNG, while consortium behind the smaller Southern Energy LNG has reached FID
The oil risk premium fable
17 June 2025
Israel’s attack on Iran caught oil firms with low inventories due to their efforts to protect themselves from falling prices, creating a perfect storm
Look again at African oil and gas investment
17 June 2025
Sound development planning is essential in this diverse and rapidly evolving region

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
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

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
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

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search