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Bakken oil output may hold its ground
While oil prices will determine the trajectory of the key US shale patch, regulation and technological shifts are also likely to shape direction longer term
India to help Asia spearhead global refining
Shifting demand patterns leaves most populous nation primed to become downstream leader as China and the West retreat
US, Russia and China circle the Arctic
The strategic importance of vast untapped oil and gas reserves and key shipping routes has come in from the cold
Trump creates new risk dynamic
US policies may have lasting effects in sectors such as energy, that rely on predictable rules and long-term planning
Energy NL upbeat on Newfoundland despite industry doubts
CEO argues the upstream potential remains huge as analysts question future oil production for Canadian province’s offshore industry
Momentum builds for Alaska LNG
Asian and European interest gathers pace as Trump throws his weight behind frontier state
Indonesia’s upstream picks up the pace
The government is optimistic that increasing offshore activity and exploration will help revive flagging production, despite energy security fears
Letter from the US: Energy needs require a rethink
Tariffs, AI, critical minerals and emerging markets all raise fundamental policy questions
Lower oil prices fuel US driving season
US gasoline consumption is at its highest level since before COVID, but while stocks remain healthy, the hurricane season threatens
Woodside adopts considered approach to Louisiana LNG
CEO Meg O’Neill explains the virtue of patience in offtake discussions amid tariff tensions
Canada India Indonesia Kazakhstan Lebanon Mozambique US
15 December 2021
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Licensing round December update

The industry's most comprehensive list of current and recent rounds for onshore and offshore licences

Open rounds India’s Directorate General of Hydrocarbons has extended the deadline for submissions to its Discovered Small Fields 3 bid round to 31 January 2022. The round, which contains 32 contract areas both onshore and offshore, opened on 10 June 2021 after some delay. Indonesia’s Ministry of Energy & Mineral Resources announced the opening of its second bidding round for 2021 on 29 November 2021. The round includes four blocks via the direct-offer model and four via regular tender, and will close on 11 January 2022 and 24 March 2022 respectively. The onshore and offshore blocks vary in size from 267km² to 7,970km². The Lebanese Petroleum Administration has announced the closing date

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