Tagged With Upstream
31 July 2025
TotalEnergies is an outlier among other majors for remaining committed to low-carbon investments while continuing to replenish and expand its ample oil and gas portfolio, with an appetite for high risk/high return projects.
31 July 2025
The Wolin East-1 discovery is the country’s largest conventional hydrocarbon discovery and could change the energy conversation for the EU’s coal outlier.
24 July 2025
Trump energy policies and changing consumer trends to upend oil supply and demand
24 July 2025
Despite significant crude projections over the next five years, Latin America’s largest economy could be forced to start importing unless action is taken
15 July 2025
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
11 July 2025
Equinor and its partners at Norway’s largest oilfield have pulled the trigger on a fresh $1.3b investment that will maintain high output for longer
9 July 2025
Efforts to restructure and boost investment appear to be working, but doubts remain about the plan to almost double crude production by 2030
27 June 2025
Dire crude projections and heavy debt burden are weighing heavily on NOC Pemex
26 June 2025
ExxonMobil and Eni offer hope for projects as sector looks to get to grips with cost overruns and delays
26 June 2025
While oil prices will determine the trajectory of the key US shale patch, regulation and technological shifts are also likely to shape direction longer term
25 June 2025
New discoveries and stabilisation of legacy fields’ output have helped China reverse the decline and be a top-five producer in recent years
24 June 2025
The country’s latest licensing round attracted bids from IOCs and NOCs in a better showing than its last outreach to bidders
19 June 2025
The strategic importance of vast untapped oil and gas reserves and key shipping routes has come in from the cold
17 June 2025
Sound development planning is essential in this diverse and rapidly evolving region
16 June 2025
BP and partners have reached a $2.9b FID on a new phase at Shah Deniz, but slow progress on other gas projects is attributed to a lack of European support
13 June 2025
CEO argues the upstream potential remains huge as analysts question future oil production for Canadian province’s offshore industry
3 February 2025
Alaska has been engulfed by a lack of consistent policymaking and highlights the challenges financing energy projects in the US
16 January 2025
The government’s resource nationalism is aggravating the NOC’s debt position and could yet worsen if also tasked with the decarbonisation shift
31 December 2024
The world needs to reduce emissions but must do so while providing affordable and reliable energy to meet rising global demand
30 December 2024
After hitting a high in 2019, output dropped during the Covid-19 pandemic, only to resume growth in 2021 and reach new highs. The US government expects 2.4% growth in 2025
19 December 2024
Deepwater Development Conference welcomes Shell’s deepwater development manager to advisory board for March 2025 event
19 December 2024
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
12 December 2024
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
11 December 2024
London-listed IOC is pivoting back towards oil and gas and refocusing its clean energy business, with its Indonesia investment a perfect example of this new way forward
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
4 December 2024
Associated gas from legacy oil basins could offer a new lease of life to wobbling shale gas production and cement US powerhouse status
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Chairman talks up IOC and NOC tie-ups to help substantially boost oil and gas production over the next two years
19 November 2024
Energy minister says country is delaying first oil production until pipeline and refinery are ready
15 November 2024
With Chevron and AIM-listed Challenger Energy having completed their Uruguayan farm-out deal, Challenger CEO Eytan Uliel updates Petroleum Economist on the firm's progress in the frontier basin
13 November 2024
IOCs are focused on the next wave of exploration activity in Namibia and are keen to learn from one another’s results
4 November 2024
The country’s offshore basin remains highly competitive and attractive to IOCs, despite the presence of some geological challenges
31 October 2024
The country is nearing a tipping point as its domestic needs continue to grow
27 October 2024
Extreme weather conditions are compounding upstream challenges and pressuring governments across the region
24 October 2024
Producers in the region see significant gains to be made by boosting output using the infrastructure already in place
23 October 2024
Majors in the region are pushing boundaries and could see significant upside, but longer-term risks remain
3 October 2024
The formation’s gas-to-oil ratio is set to keep rising, but new markets and midstream plans mean infrastructure constraints may not be an issue
30 September 2024
The days of bumper output may be behind the producer, but moderate growth could persist for some time, especially if demand and oil prices stay high
25 September 2024
The country inherited a near self-sufficient oil and gas industry from the USSR, and it is working fast to eliminate shortfalls in its domestic capability, where advanced drilling and subsea technologies remain a vulnerability
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
17 September 2024
Decarbonisation strategy is already hurting upstream appetite and threatening near-term energy security
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
12 September 2024
The transition to oil evokes revolution and renaissance
11 September 2024
But the young nation may have to go through a fallow period before that project comes online as the Bayu-Undan field nears exhaustion
10 September 2024
The third part in the second chapter of our history of oil looks at the US shale revolution and ‘declaration of cooperation’ that created OPEC+
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
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
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
30 August 2024
Sponsored Content
PeruPetro is promoting key areas to attract investment into the country’s offshore oil and gas
