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India ready for turbulent times
The country’s energy minister explains in an exclusive interview how the country is taking a pragmatic and far-sighted approach to energy security and why he has great confidence in its oil sector
Bleak times for UK North Sea
Government consultations on the windfall tax and the exploration licence ban are positive steps, but it is unclear how long it will take for them to yield tangible outcomes
The death knell for UK energy security
The end of Grangemouth and Lindsey oil refineries marks a worrying trend across Europe amid cost and transition pressures
ADNOC eyes cross-border opportunities
The Emirati company is ramping up its overseas expansion programme, taking it into new geographic areas that challenge long-held assumptions about Gulf NOCs
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
India’s oil demand looks to EV threat
Two wheels rather than four appear to be the biggest game-changer for India’s road oil use
Outlook 2025: A new era – how the UK offshore sector can lead in a competitive market
The government must take the opportunity to harness the sector’s immense potential to support the long-term development of the UK’s low-carbon sector
Outlook 2025: Navigating the windfall tax and the future of UK energy
Policymakers and stakeholders must work together to develop a stable and predictable fiscal regime that prioritises the country’s energy security and economy
India’s Russian crude buying has reached its limit
Middle East grades remain a diminished but important part of the South Asian country’s diet, especially as new refining capacity comes online
Letter from London: Beware false prophets
The oil and gas sector’s renewed upstream activity stands in marked contrast to just a few years ago, highlighting that the market does indeed cycle
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3 May 2022
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Licensing round May update

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

Planned rounds The UK will hold its upcoming offshore oil and gas licensing round this autumn, according to regulator the North Sea Transition Authority, formerly known as the Oil and Gas Authority. This will be the first UK licensing round to take into account the country’s forthcoming climate compatibility checkpoint for new oil and gas developments. No further details are available. Open India’s Directorate General of Hydrocarbons has again extended the deadline for bids in its Discovered Small Fields 3 round, this time to 31 May 2022. The round, which contains 32 contract areas across both onshore and offshore, opened on 10 June 2021. Mozambique’s National Petroleum Institute has announc

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