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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
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
Kazakhstan lays groundwork for transformation
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
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
Letter from Iran: Testing times for Tehran-Beijing crude dynamics
Growing pressure from the Trump administration continues to threaten a resilient China-Iran oil nexus
Indian refiners prove their adaptability
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
Gas deal keeps Lebanon’s offshore hopes alive
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
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
Venezuela mismanaged its oil, and US shale benefitted
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
Southeast Asia’s digital age requires the right energy mix
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
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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China’s new oil position
26 February 2026
OPEC, upstream investors and refiners all face strategic shifts now the Asian behemoth is no longer the main engine of global oil demand growth
The AI industry’s coming dominance of oil and gas
25 February 2026
Tech giants rather than oil majors could soon upend hydrocarbon markets, starting with North America
HPI Market Data Book 2026: Global construction – Americas
25 February 2026
Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true
HPI Market Data Book 2026: Global construction – Asia-Pacific
25 February 2026
The surge in demand for fuel and petrochemical products in Asia has led to significant expansion in refining and petrochemicals capacities, with India and China leading the way

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