Continental contrasts

Trump’s gasoline price pledge paradox

The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran

Middle East oil vulnerabilities have been exposed

The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis

How Hormuz chokehold threatens LNG buyers

A potential blockade of the Strait of Hormuz following the escalating US-Iran conflict risks disrupting Qatari LNG exports that underpin global gas markets, exposing Asia and other markets to sharp price spikes, cargo shortages and renewed reliance on dirtier fuels

New Zealand embraces LNG

LNG would serve as a backup supply source as domestic gas declines and the country’s energy system comes under stress during periods of low hydropower output and high energy demand

HPI Market Data Book 2026: Global construction – Americas

Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true

European gas faces renewed strain after winter drawdowns

Sustained low temperatures have depleted storage levels and exposed the EU’s vulnerability to shocks even as the bloc moves ahead with phasing out all Russian imports

Canadian producers positioned to ride out the downcycle

The country’s upstream players have demonstrated resilience to low oil prices and are well positioned to prosper despite a volatile market

LNG, a strategic safeguard

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

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

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

Continental contrasts

Oil and gas production in North America is continuing its rising trend. Mexico's prospects are looking up, while Venezuela's hydrocarbon sector is collapsing