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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
LNG gets political
From China blocking US LNG to Trump demanding that various countries import more of the fuel, the politicisation of LNG is on the rise
Bad omens for Chinese oil demand
Sino-US trade tensions could see crude consumption crumble despite recent buying behaviour
Unlocking Energy Potential: PERUPETRO Launches Investor Search for Offshore Block Z-69
Peru’s state-owned hydrocarbons agency has launched the search for new investors for Offshore Block Z-69, a high-potential asset in the prolific Talara Basin.
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
Pemex scrambles to plug the gap
The NOC’s dire financial situation and maturing fields have left the authorities with little choice but to reduce crude expectations
Gas E&P enters the danger zone
Two consecutive years of sub-par hydrocarbon discoveries signal a precarious time for the energy world
Letter from the US: Oil and gas producers face tax threat
Capping state corporate income tax deductions would reduce energy supplies and raise prices
Letter from Saudi Arabia: Energy, diplomacy and the art of the deal
Saudi Arabia is growing as a geopolitical and diplomatic force amid an increasingly fractured world
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
Outlook 2025
UK Upstream Politics
David Whitehouse
19 December 2024
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Outlook 2025: A new era in energy – 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

In today’s rapidly changing world, we face a unique set of challenges. The cost-of-living crisis, rising geopolitical tensions and the urgent need to address climate change create a landscape where collaboration between governments, industry and the public is essential. At the heart of these discussions is the need for economic growth driven by our offshore energy sector. For the past 50 years, this sector has been the backbone of the UK’s energy supply, meeting approximately 50% of our oil and gas needs. It supports more than 200,000 skilled jobs and contributes £30b ($39b) to the economy, providing a solid foundation for our energy future. The UK is home to a world-class energy supply chai

Also in this section
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
Petroleum Economist: May 2025
9 May 2025
The May 2025 issue of Petroleum Economist is out now!
LNG gets political
7 May 2025
From China blocking US LNG to Trump demanding that various countries import more of the fuel, the politicisation of LNG is on the rise
Bad omens for Chinese oil demand
6 May 2025
Sino-US trade tensions could see crude consumption crumble despite recent buying behaviour

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