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Fifty years of oil trading
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
Australia’s post-election energy priorities
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
India revamps retail fuel business
The country is seeing a notable increase in petroleum product retail outlets, with private operators gaining market share
Trump’s LNG metamorphosis
Fast-tracking US project approvals and increased trade pressures have already changed the LNG landscape since Trump came to office, with further transformation ahead
Letter from the US: Oil and gas producers face tax threat
Capping state corporate income tax deductions would reduce energy supplies and raise prices
Australia’s changing gas risks
Australia’s East Coast Gas projections for a supply shortfall have been pushed further out, but the challenge to meet evolving gas demand and the shifting assumptions around the fundamentals remain just as stark
Trump’s energy policy paradox
US consumers are not likely to see gasoline prices fall to Trump’s ‘beautiful number’, at least if the president also wants to encourage more drilling
India’s unquenchable gas appetite
Gas use in India has seen significant growth over the past year and looks set to accelerate further, even if the government’s 2030 goal remains a stretch
Africa’s new producers struggle for financing
IOCs and Western lenders are reluctant to commit to new oil and gas projects in African frontier countries
Letter from the US: Houston has a problem with Trump’s energy policy
At some point it is likely that $70/bl will be quietly accepted as the producer-consumer sweet spot for a US administration having to balance both sides of the ledger
Australia Canada DRC India Sierra Leone US
7 June 2022
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Licensing round June update

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

Planned rounds Australia’s Department of Industry, Science, Energy and Resources did not announce the opening of the 2022 Offshore Petroleum Acreage Release at the annual Australian Petroleum Production and Exploration Association event, held in Brisbane, as expected. No further details are available. The Democratic Republic of Congo (DRC) will hold an auction for 16 exploration blocks—13 onshore and three offshore—across the Coastal, Graben Tanganyika and Central basins on 28-29 July 2022, the country’s ministry of hydrocarbons announced via social media. This is the first planned block auction since the adoption of a new hydrocarbons code in 2015. “The DRC has huge potential in terms of hy

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A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
Australia’s post-election energy priorities
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference

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