Tagged With Paul Hickin,
Editor-in-chief
India ready for turbulent times
23 July 2025
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
Letter from Austria: OPEC delivers wake-up call
15 July 2025
A brutally honest picture about the potential role of oil and gas in 2050 should prompt policymakers to not only reflect but also change course to meet vital energy needs
OPEC+’s extra barrels mostly made of paper
14 July 2025
Robust demand and a limited supply of additional physical barrels from key OPEC+ producers has kept the oil market in a healthy price range
Offshore industry overcoming arch foes
26 June 2025
ExxonMobil and Eni offer hope for projects as sector looks to get to grips with cost overruns and delays
Angola’s oil industry revamp
24 June 2025
Africa’s second-largest oil producer is creating the right conditions for the sector to try to boost output, explains Ian Cloke, COO of UK-based Afentra
OPEC+ still showing restraint
11 June 2025
Petroleum Economist analysis shows OPEC bringing back some barrels in May, but fewer than expected, while OPEC+ continues to see output fall
OPEC++, the sequel, has arrived
2 June 2025
It is time to acknowledge that the US-Saudi Arabia nexus is driving a fundamental shift in OPEC strategy
India’s HMEL navigates clear path through market shifts
21 May 2025
Integrated refining and petrochemicals company highlights strategic flexibility amid trade war risks and long-term planning to futureproof business, says CEO Prabh Das
Energean ready to go deep into Africa
20 May 2025
Mediterranean-focused gas producer looks to replicate Israel success story and is hunting projects across the continent, with particular interest in West Africa
OPEC+ keeps more barrels off market in April
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
Trump’s LNG metamorphosis
2 May 2025
Fast-tracking US project approvals and increased trade pressures have already changed the LNG landscape since Trump came to office, with further transformation ahead
Gas E&P enters the danger zone
24 April 2025
Two consecutive years of sub-par hydrocarbon discoveries signal a precarious time for the energy world
The never-ending role of hydrocarbons: Part 3
10 April 2025
Technology, policy and narrative are the three biggest factors that could change the course of our 2050 outlook
The never-ending role of hydrocarbons: Part 2
9 April 2025
A rising global population and greater urbanisation will mean increasing demand for energy, but what will be up and down in the mix? Petroleum Economist looks out to 2050 again in the second part of our long-term outlook
OPEC compliance improves amid market share threat
9 April 2025
The surprise decision to bring on extra supply has coincided with better quota conformity from laggards in the group, Petroleum Economist analysis shows
The never-ending role of hydrocarbons: Part 1
8 April 2025
Oil’s resilience and gas’ growth will continue to define the global energy mix into 2050, according to Petroleum Economist analysis, but that does not have to spell doom and gloom for sustainability
Gas industry must look beyond 2030 blindspot
13 March 2025
Gas will become a more important part of the energy mix longer-term, raising the alarm for much-need investment as supply struggles to keep up with demand
Asia’s potential upstream powerhouse
12 March 2025
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio
OPEC+ supply ramps up in February
11 March 2025
Iran, Iraq, Venezuela, Nigeria and Kazakhstan all add significant volumes as core OPEC-9 feels the strain of compliance
Redraw the transportation roadmap now
6 March 2025
A timebomb in copper mining should prompt policymakers to rethink road transport before battery-electric vehicles go down a dangerous dead end
OPEC+ plays with a straight bat
5 March 2025
The oil alliance’s decision to keep to the plan amid tightening economic fundamentals seems to have been lost in the global geopolitical maelstrom, misplaced market speculation and haze of conjecture
Letter from India: Fast-tracking a global all-energy approach
17 February 2025
The thrum of the government’s comprehensive energy internationalism could be seen in the flurry of deals and partnerships at India Energy Week amid a mission to meet the economy’s insatiable appetite
Core OPEC, OPEC+ tighten oil output in January
11 February 2025
Improving compliance among the group and wider group is offset by production increases in outliers Libya, Venezuela and Iran
Oil market should maintain fragile balance in 2025
29 January 2025
Petroleum Economist analysis sees ICE Brent averaging $79/bl in 2025 as misfiring non-OPEC+ oil supply overshadows tepid demand growth
Letter from London: Deepwater brimming with confidence for 2025
13 January 2025
With Namibia, Guyana and Brazil playing starring roles and important innovations being developed, business as usual has never looked so good
OPEC output down in December as UAE, Iraq slash supply
10 January 2025
New Petroleum Economist OPEC+ oil survey sees group improve compliance to ensure oil market stability going into 2025
Outlook 2025: IOC investment myths need debunking
31 December 2024
With a raft of scare stories around peak demand and climate change, 2025 should be the year smart investors leave the Big Oil bogeyman to the stuff of child’s play
Gas has ‘unique’ dual role to play in world energy, says GECF
26 November 2024
Secretary General Hamel warns on gas underinvestment, and highlights the energy source as playing a transitional role in the West and being a destination fuel in the Global South
Letter from London: OPEC+ is from Mars, markets are from Venus
12 November 2024
The move by OPEC+’s inner circle to extend voluntary production cuts once again demonstrates that the oil market continually misunderstands the group
OPEC+ unity critical for oil industry
15 October 2024
UAE energy minister warns oil sector of the chaos that may ensue without OPEC+ market management 
Lessons from oil’s past
24 September 2024
Today’s policymakers should keep in mind the history of oil and gas as they look to remake the future of energy
Letter from London: OPEC+ approaching high noon
12 September 2024
The oil alliance must navigate the good, the bad and the ugly in its showdown with the market at the beginning of December
Empire of Oil: how hydrocarbons remade the world
12 September 2024
The transition to oil evokes revolution and renaissance
The rise of oil’s big three, part 3: The oil age develops
5 September 2024
The 20th century’s two global conflicts made clear the geopolitical importance of oil, while Russia and Saudi Arabia joined the US as hydrocarbons superpowers
The rise of oil’s big three, part 2: The start of the oil age
5 September 2024
In the second part of our history of oil special on the ascent of the US, Russia and Saudi Arabia, we examine the early years of the age of oil
The rise of oil’s big three, part 1: The transition to oil
5 September 2024
In this first part of the first chapter of our 90th anniversary special on the history of oil, we look at oil’s humble beginnings and the start of its rise to prominence
Letter from Europe: Gas industry back on high alert
29 August 2024
International Gas Union warns of potential global shortfall by 2030 and calls for need to boost investment to meet energy security and sustainability needs
Letter from London: ‘Gas OPEC’ may be just a matter of time
12 August 2024
While calls for a gas equivalent of the oil alliance seem to do the rounds every few years, the arguments for such a group are stronger than ever
The emergence of the US as a global LNG superpower
12 August 2024
The US' meteoric rise as an exporter of the super-chilled fuel has redrawn the global energy map, with far-reaching implications
Africa can be long-term focal point for oil industry
10 July 2024
Once energy security is achieved, Africa can play a greater global role as it builds out its downstream, Anibor Kragha, chief executive of the African Refiners and Distributors Association, tells Petroleum Economist
Global oil benchmark resolves its existential crisis
24 June 2024
The addition of US crude to the world’s top oil benchmark has finally solved its North Sea conundrum and laid down a marker for the future
‘Monsieur Afrique’ says gas is the big frontier exploration
21 June 2024
Panoro Energy’s senior advisor, Tim O’Hanlon, is upbeat on Gulf of Guinea upstream opportunities but highlights gas and LNG as next big growth story
Oil outlooks enter the twilight zone
19 June 2024
The feud between the IEA and OPEC highlights how the lines between reality and fantasy over oil demand have become blurred, with huge ramifications for investment
Letter from London: OPEC+ well set for Sisyphean task
8 June 2024
The impressive agreement struck between OPEC and its allies highlights the powers and limits of the group
Letter from Paris: Do not underestimate ‘Afripec’
23 May 2024
Make no mistake, Africa has a crucial and increasingly important role within OPEC, even given its relatively small production volumes and the departure of Angola
Letter from London: The unbearable lightness of being US shale
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing
Norwegian North Sea proving resilient
25 March 2024
Low carbon intensity and sizeable projects such as Johan Castberg coming onstream in late 2024 suggest a robust outlook at least until 2030
Letter from Saudi Arabia: Don’t mistake Saudi energy policy
21 March 2024
The country is not betting against long-term oil demand growth, it is planning for a hydrocarbons-led energy demand boom
Letter from India: Oil’s new nerve centre
19 March 2024
The IEA estimates India will be the largest driver of global oil demand growth by 2030, but it may have still undersold the story
Time running out for UK North Sea
18 March 2024
Smaller projects provide opportunities, but basin maturity and policy shifts amid political uncertainty signal a significant decline by the end of the decade
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