Tagged With Simon Ferrie
Freight rates chart their own course amid turmoil
21 October 2024
For the tanker market, recent escalation in the Mideast conflict has largely been offset by soft fundamentals
Russian LNG scrambling to emulate oil’s success
27 September 2024
A sanctions-defying ‘shadow fleet’ is being assembled, but it remains unclear where Russia will sell the liquefied gas while Arctic LNG 2 remains strangled by sanctions
Mozambique’s LNG ambitions advance
23 September 2024
The country’s stalled liquefaction projects are inching forward, even as upcoming elections and persistent security problems in the resource-rich north continue to pose significant hurdles
Letter on Africa: New African refineries could help break old dependencies
20 September 2024
A profound shift is occurring in the global refining sector, one which might help redefine Africa’s place in worldwide trade networks
Gas and LNG come out from oil’s shadow, part 3: LNG and a global market
16 September 2024
The third part of our fourth chapter on the history of oil takes the story of gas to the present day with the rise of LNG and the creation of a truly global market
Gas and LNG come out from oil’s shadow, part 2: The power of pipelines
16 September 2024
Gas is difficult to move compared with oil, requiring additional infrastructure. The second part of our history of gas examines how expanding pipeline networks made it possible to monetise the fuel
Gas and LNG come out from oil’s shadow, part 1: The early years
16 September 2024
The first part of our fourth chapter on the history of oil looks at the origins of gas and LNG—once considered a nuisance, now a fuel of the future
Weather and pricing key to Asia’s winter LNG demand
2 September 2024
Nuclear availability in Japan and South Korea will also be an important factor in determining overall LNG requirements
Indonesia prioritises domestic needs over LNG exports
29 August 2024
The country’s hunger for energy will continue to compete with its LNG exports, even as more gas projects progress and new liquefaction capacity comes online
Jadestone sees opportunities in Southeast Asia
19 August 2024
The AIM-listed independent is pushing ahead with developments in Indonesia, Malaysia and Vietnam, CEO Paul Blakeley tells Petroleum Economist
Petronas pulls out of South Sudan
19 August 2024
Uncertainty persists in South Sudan’s oil sector, potentially threatening the viability of the young nation itself
Moscow’s moves may impede Africa’s energy ambitions
9 August 2024
Upstream projects may not benefit from Russia’s involvement, but South Africa might be seeking to become an importer of Russian molecules
Majors pull out of flagship South African gas projects
7 August 2024
Without a pipeline of developments in place, the country’s energy crisis is poised to worsen
Dangote dispute goes public
6 August 2024
Ifeanyi Onyegiri, senior analyst for sub-Saharan Africa at consultancy Welligence, talks to Petroleum Economist about the latest controversies surrounding Nigeria’s Dangote refinery
Indie sees upstream opportunity in Jamaica
31 July 2024
United is seeking farm-out partners for the large Caribbean block
Nigeria’s gas ambitions gain ground
11 July 2024
But regulatory and feedstock issues continue to hinder the pace of progress
Dangote poised to fulfil gasoline goals
8 July 2024
But the commissioning process is ongoing and initial gasoline output may be limited
Eni sees gas as long-term energy solution
2 July 2024
The Italian IOC sharpens focus on gas but sees ‘no one solution’ to the energy transition
Expanded Afentra eyes fresh growth
27 June 2024
The independent is keen to supply feedgas for Angola LNG and is assessing opportunities both in and beyond the southern African nation
Namibia’s success boosts other frontiers
26 June 2024
Exploration efforts are increasingly spreading into South African and even South American waters
Senegal starts crude production
18 June 2024
This will be a transformative year for the West African nation, as first LNG is also expected before the end of 2024
Canada’s Valeura eyes fresh deals after Thai expansion
17 June 2024
The company is also working to sustain output from its Thai-focused portfolio into the 2030s
Niger dispatches its first seaborne crude cargo
11 June 2024
Meleck crude is a low-sulphur grade 
Security trumps all in Japan’s LNG strategy
10 June 2024
Tokyo and Japan’s utilities continue to back LNG projects, even as the country’s demand declines
Trinidad and Tobago pushes for revival in upstream fortunes
30 May 2024
Woodside, BP and Shell are among the companies actively pursuing gas developments in the country’s waters
Angola project thwarts upstream decline
29 May 2024
Kaminho deepwater FID raises hopes of reigniting much-needed further investment in ailing sector
Letter from Rotterdam: Oil and gas go AWOL
21 May 2024
With just a small presence from the oil and gas industry, the World Energy Council’s biennial congress gave a stark reminder of Europe’s energy priorities
Panama Canal plans to boost transit capacity
17 May 2024
The latest drought crisis is passing, but longer-term solutions are in motion, explains Panama Canal Authority Administrator Ricaurte Vasquez Morales
Rising costs delay Papua LNG FID
14 May 2024
But there is still plenty of appetite for the country’s LNG in the Asia-Pacific region
Sao Tome and Principe may be poised for exploration revival
13 May 2024
But optimism about island nation checked by competition around African upstream investment and history of false dawns
Letter from Houston: Pragmatism versus rhetoric
10 May 2024
The US’ contentious LNG permitting pause has prompted criticism from CEOs and wildly differing interpretations from politicians
Europe’s appetite for LNG to ease
7 May 2024
Ample stocks and a soft demand outlook will limit how much LNG Europe can import this year
Indies look to Equatorial Guinea as ExxonMobil pulls out
24 April 2024
But even planned exploration activity is unlikely to reverse declining output from mature fields
UK-listed Pharos to ramp up Egyptian activities
19 April 2024
Cairo’s currency problems have hindered investment, but Pharos sees considerable potential as Egypt emerges from crisis
Equinor hones its ‘high-grade’ global portfolio
18 April 2024
The Norwegian energy company is concentrating its efforts on specific regions and assets that meet strict cost and carbon criteria
Woodside sees renewed confidence in Australia’s upstream
12 April 2024
CEO Meg O’Neill believes operating environment in Australia has stabilised and sees a bullish outlook for LNG demand
Indie Arrow targets rapid production growth
10 April 2024
Fears that left-leaning President Petro’s government would signal the end for Colombia’s oil industry appear unfounded
Fresh capacity to shift global refining in 2024
8 April 2024
Even diesel cracks may be poised to narrow, although other factors—such as attacks on shipping in the Red Sea—could buck the structural trends
OPEC+ must wait on contested demand outlook
28 March 2024
Whether OPEC+ starts to unwind its oil production cuts from June will depend on heavily debated unfolding supply-demand balances
Australia’s Carnarvon eyes NWS resources
22 March 2024
And the outlook for the country’s upstream appears to have improved following legal setbacks in 2023
Letter from London: IE Week highlights east-west splits
14 March 2024
Houthi actions in the Red Sea are compounding the market dislocations stemming from sanctions
Market fundamentals mute Red Sea price impact
29 February 2024
But the crude, product, LNG and tanker markets are all still facing significant disruption
Invictus working on Zimbabwe PSC
23 February 2024
The once-pariah nation could become a regional exporter in energy-starved southern Africa, according to MD Scott Macmillan
Indonesia looks to gas to cover growing energy needs
22 February 2024
Recent elections and on-going LNG developments highlight the importance of domestic gas demand in the sprawling island nation
Namibia continues to yield exploration success
12 February 2024
TotalEnergies explains it is seeking the ‘sweet spots’ to develop fields with unevenly distributed resources
Africa embraces floating LNG
8 February 2024
FLNG developments are reaching fresh milestones on the continent, but questions remain about the ability of the smaller players to advance some of these projects without additional partners
EnergyPathways advances UK Irish Sea ambitions
7 February 2024
The AIM-listed firm sees its gas plans as meshing with UK energy transition goals
Muddled policies cloud Korean LNG outlook
29 January 2024
Planned terminal expansions do not fit with Seoul’s stated goals of trimming LNG dependence
Outlook 2024: Freight sector grapples with regulations and geopolitics
24 January 2024
EU ETS extension is the latest change for the sector
Angola’s OPEC departure runs deep
22 January 2024
Luanda’s decision to leave the influential group surprised many observers but may have been coming for some time
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