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OPEC+’s cohesive restraint
The alliance is keeping output on track and the market in balance amid geopolitical tensions and a fragile supply-demand ledger
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
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
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
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
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
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
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
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
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
Concentration of methane in the atmosphere is rising rapidly
Markets
Paul Hickin,
Editor-in-chief
24 May 2023
Follow @PetroleumEcon
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Tackling methane a ‘no-brainer’ for oil and gas industry, says IEA’s McGlade

Cutting emissions of the potent greenhouse gas is beneficial not just for the climate but also for companies’ bottom lines and their social licences to operate

Reducing methane emissions seems a win-win for the oil and gas industry. Rather than being seen as a costly headache, approaches and attitudes are shifting given the potential to save money and cut wasted energy. It is also coming on to the radar more after having been something of a blind spot due to the attention given to decarbonisation and the lack of appreciation as to how the two issues fit together. Petroleum Economist spoke to the IEA’s methane specialist, Christophe McGlade, in an exclusive interview on the trajectory of the methane challenge and where we go from here. Christophe McGlade, IEA methane specialist Do you think met

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Kazakhstan lays groundwork for transformation
20 February 2026
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
LNG, a strategic safeguard
20 February 2026
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
A dual-coast LNG strategy
20 February 2026
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
Cheniere’s disciplined expansion
19 February 2026
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment

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