Houthi rebels board the Galaxy Leader container ship in the Red Sea
Oil: Five things to watch in 2024
Many of the biggest themes of 2023 will come to a head this year, but beware both naysayers and apologists
Last year was supposed to be the year of the new normal. Instead, there remains huge uncertainty over the global economic outlook, OPEC’s unity, geopolitical tensions and the energy strategies of both IOCs and NOCs. But the oil industry must navigate not only vastly opposing market forces but also the competing agendas of bullish and bearish narratives. This raises the question of where those with vested interests should put their trust. Even apparently independent commentators must be assessed for their biases, especially when there are headlines to be written and money to be made, and when the way ahead is unclear. Is $80/bl a sweet spot? An oil producer’s bare minimum level? A pain point
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The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
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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
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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
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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
