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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
Asia proves a growing draw for Gulf players
A newly formed joint venture between Saudi Aramco and Sinopec signals rising Gulf interest in the Asian market
India’s HMEL navigates clear path through market shifts
Integrated refining and petrochemicals company highlights strategic flexibility amid trade war risks and long-term planning to futureproof business, says CEO Prabh Das
India revamps retail fuel business
The country is seeing a notable increase in petroleum product retail outlets, with private operators gaining market share
EU and UK look to security beyond gas
The scars of the Russia crisis have accelerated Europe’s push to wean itself off gas dependence as the growing globalisation of LNG becomes a double-edged sword
Sasol delays South Africa’s ‘gas cliff’
The company will use methane-rich gas produced from local coal to temporarily replace lost supplies from Mozambique
Mozambique LNG financing cannot lift security gloom
Long-delayed prospects for onshore LNG production in Mozambique have improved thanks to US financing approval, but security challenges blight way ahead
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
India Mozambique Oman Sweden Timor Leste UK
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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