Articles
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
1 December 2025
The Norwegian NOC has used its offshore oil and gas prowess to expand into offshore wind, but project setbacks and lower returns are a concern for investors
28 November 2025
A more pragmatic approach has seen the country reverse its production decline in 2025 but its 1m b/d target still seems out of reach
27 November 2025
The swelling crude supply story involves the key plot twists of reluctant buyers, limited oil stocks and refiners playing the long game
27 November 2025
US tariffs bolster Alberta’s Industrial Heartland exports to Asia
26 November 2025
The Italian firm is unique among IOCs in setting up entities specialising in particular regions and low-carbon technologies, creating greater flexibility in attracting investment
25 November 2025
Once a national oil champion, the company is now so much more
25 November 2025
In the year since its formation, ADNOC’s energy investment company has made ambitious forays into M&A. With new leadership appointees from Wall Street’s elite, the scale of that ambition is set to ramp up
25 November 2025
The country is open for business and is unlocking vast opportunities for both onshore and offshore exploration
24 November 2025
Algeria’s state energy company has new leadership looking to inject fresh momentum into its upstream E&P sector—with majors’ interest piqued by untapped unconventional gas deposits
21 November 2025
The consensus among market observers is that the country’s oil output will fall in the long term. Yet few recognise how Moscow’s shifting tax regime is designed to keep the next barrel commercially viable
20 November 2025
The market is facing being drowned in excess crude, but one caveat is that a large chunk is due to buyers reluctant to snap up sanctioned barrels
19 November 2025
A sector beset by pessimism and pain amid price weakness contrasts with data signalling production strength and resilience
18 November 2025
The oil powerhouse will not just join the top five crude exporters in the coming years, it may be a model for how petrostates balance growth, policy and sustainability
18 November 2025
In the second of this two-part series, we look at Shell’s refocusing on returns and the speculation surrounding a potential takeover of BP
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
17 November 2025
The pursuit of new oil and gas growth opportunities by European companies highlights the way forward for the two majors. In this first of a two-part article, we look at BP
13 November 2025
The new federal government appears far more supportive of oil and gas than former prime minister Justin Trudeau’s climate-focused administration, but the prospects look better for the latter hydrocarbon
12 November 2025
The November 2025 issue of Petroleum Economist is out now!
10 November 2025
The Russian firm made a significant attempt to expand overseas over the past two decades but is now trying to divest its global operations
10 November 2025
OPEC+ has proven to be astute at bringing back oil production, but mysteries around Chinese buying, missing barrels and oil-on-water have left the group in wait-and-see mode
7 November 2025
The Russian company’s German assets are under Berlin’s management and are exempt from sanctions, for now, but a permanent solution still needs to be found
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
5 November 2025
Construction of the pipeline in Afghanistan is making tangible progress, but extending it into Pakistan and India remains unrealistic for political reasons
4 November 2025
Crucial structural reforms and change in operating philosophy are needed to arrest PEMEX’s ongoing decline and restore oil production growth
4 November 2025
Gas has become a pillar of MENA economies and a catalyst for development strategies, fostering cooperation and creating new paths for economic diversification. Continued progress will require substantial investment and adapted regulations
30 October 2025
OPEC governor Ademola Adeyemi-Bero explains Nigeria First policy as the African producer looks to drive production back above 2m b/d and play crucial role in OPEC
29 October 2025
OPEC Governor Ademola Adeyemi Bero argues that only by prioritising oil and gas through partnerships with IOCs and stable OPEC market management can NOCs fulfil their pivotal global role
28 October 2025
Questions remain about how the phase-out will be implemented and enforced in practice
28 October 2025
The International Gas Union calls for a ‘whole-system’ approach, combining planning of gas, electricity and hydrogen networks to ensure energy systems remain flexible and resilient during the transition
27 October 2025
FID on the HI development suggests the country’s chronically under-exploited gas reserves are beginning to be properly exploited
24 October 2025
The country’s rapid output growth is an example that other producers could learn from
22 October 2025
While Syria has gas import plans and Jordan is targeting greater production, Egypt is struggling with declining output and Lebanon with the after-effects of conflict
21 October 2025
Prices risk hitting $10/bl should the tech bubble burst amid worrying economic fallout
21 October 2025
The GCC countries and other states in the region are looking to make greater domestic use of gas, both that produced at home and imported volumes
21 October 2025
Technological innovation and stricter carbon goals are redefining the economics of shale. Chevron’s Dr Johannes Alvarez weighs what’s next for unconventional producers.
21 October 2025
At the forefront of the energy transition, Ipieca guides oil and gas companies on climate, water and social performance, helping the sector scale technologies like CCUS and methane reduction while aligning global standards with sustainable development goals.
20 October 2025
A combination of geopolitical uncertainty and OPEC+ barrels has driven a renewed focus on building strategic oil stocks despite flagging demand
20 October 2025
Saudi Arabia, the UAE and Qatar are ploughing resources into gas—with a growing eye on facilitating domestic use in power and value-added sectors
17 October 2025
Beijing now appears prepared to accept discounted Russian LNG, even at the cost of heightened sanctions risk
17 October 2025
With responsible development and rigorous regulation, gas can help the region move forward not just as an energy exporter, but as a global leader in the energy transition
17 October 2025
The black-tie gala recognised the energy industry’s leading innovations and thought leaders from across the value chain
16 October 2025
Across the Middle East and North Africa, gas is taking an enhanced role in helping build out economies that need to diversify away from crude oil dependence
13 October 2025
Saudi Arabia, the UAE and Iraq appear to be only members able to increase output as Russia approaches close to maximum capacity
13 October 2025
The October 2025 issue of Petroleum Economist is out now!
10 October 2025
International and opposition media claim that two-fifths of the country’s refining capacity is offline, but the true situation is not so dire
9 October 2025
A balanced approach—combining hydrocarbons, renewables and emerging clean technologies—is essential for both energy security and sustainability
8 October 2025
As the EU remains deadlocked over its 2040 emissions goal, the IEA has tempered its climate rhetoric, forecasting that oil and gas will continue growing over the coming decades
7 October 2025
The government refuses to expand E&P access despite the NOC’s high debt pile, falling crude output and growing gas import dependence
7 October 2025
The Middle East NOC’s decision to exit Santos signals changing rules for Australian gas investors
6 October 2025
Overall gas optimism is blighted by concerns over lingering regulatory and infrastructure hurdles that could hamper expansion of US LNG exports, weaken security and stifle AI ambitions
2 October 2025
Some operators are not committed to developing their gas resources, whether because they are too small or of lower priority, or because of geopolitical concerns, says Mathios Rigas
2 October 2025
Claims the country lacks alternatives to Russian oil and gas may be exaggerated, although higher costs and reduced security of supply are legitimate concerns.
1 October 2025
Saudi Arabia, the UAE, Iraq and Kuwait aim to turn geological advantage into sustained geopolitical power via greater spare capacity
1 October 2025
More needs to be done to meet the government’s ambitious targets for gas
30 September 2025
Federal and provincial governments have passed legislation to speed the development of hand-picked projects, but failure to win Indigenous support may stymie their plans
29 September 2025
While some countries have made significant strides in reducing routine flaring and methane emissions, the global picture is still marked by slow progress and growing volumes
25 September 2025
Geopolitics is just as significant as market factors or climate action in shaping the future role of gas
24 September 2025
The dangers of a lack of oil and gas investment will leave the Middle East shouldering an even greater responsibility, with far-reaching implications for the energy landscape
24 September 2025
While the US oil major has declined to return given the sensitivities over Ukraine, Sakhalin 1 and other energy projects are temptations that will not go away
23 September 2025
Under a new Argentine president and company CEO, YPF has shed dozens of non-core assets as it doubles down on the Vaca Muerta shale and LNG
23 September 2025
E&Ps are on the lookout for the next big deepwater discovery amid questions over the Guyana and Santos basins, but technological advancements provide optimism
22 September 2025
The OPEC+ producer could bring significant idle barrels to the market in the next 12 months
22 September 2025
The UK-listed junior’s strategy is maturing prospects and then bringing on board bigger partners to continue development
19 September 2025
Progress on fixing Nigeria’s long-term oil pipeline theft problem needs to be supported by a wider strategy to avoid relapse
19 September 2025
CEO Marshall Abbott highlights success in the Llanos Basin and explains why Colombia has a lot of untapped potential
18 September 2025
The Trump administration is using energy exports to strengthen political and economic ties with allies and weaken adversaries, while simultaneously exploiting those ties to open up further markets for US energy
18 September 2025
The country’s intervention in global oil markets to stabilise prices could last well into 2026
16 September 2025
Politicians and executives alike expressed confidence in the trajectory for gas demand at this year’s Gastech, and record volumes of FIDs suggest little concern about a supply glut
16 September 2025
For the Kuwait Oil Company, a cornerstone of Kuwait’s economy, corporate social responsibility is not an optional add-on but a deeply embedded responsibility.
15 September 2025
Following its founding in September 1960, OPEC has become a key player in the global energy sector and a vital source of market stability
11 September 2025
The group is cleansing itself of non-compliers and resetting expectations as it unwinds quicker than expected in a bid to go beyond production quotas
10 September 2025
Producing, developing and harnessing gas across the continent is now a priority, but monetising and maximising the resource remains a challenge
10 September 2025
Heightened geopolitical, climate and transition risks must not drown out need for investment to meet long-term demand growth, warns the International Gas Union
8 September 2025
With Trump poised to secure a majority on the Federal Reserve Board, slashed interest rates will weaken the dollar and cause economic pain for producers
8 September 2025
New pipeline projects will boost egress from the region as the gas market expands amid datacentre demand and higher LNG exports
5 September 2025
The Russian megaproject is facing delays and strategic headwinds that could see it becoming stranded in the Arctic ice
5 September 2025
The EU and Turkey should look beyond stalled accession talks and towards a new partnership that encompasses energy integration and carbon alignment
4 September 2025
The September 2025 issue of Petroleum Economist is out now!
2 September 2025
Plentiful supplies of LNG and weaker competition from Asia mean the continent looks in good shape ahead of the cold season
1 September 2025
The country is making its upstream sector more attractive to investors as it aims to boost production of oil and gas, with the latter the main focus
1 September 2025
The country is aiming for hub status as it boosts regas and storage capacity, but while the opportunity is great, there is much work still to do
28 August 2025
The Southeast Asian producer has reversed declining output and is pushing on with a deepwater-focused new bidding round
26 August 2025
The framework deal is more about symbolic transatlantic solidarity more than increasing actual trade volumes, according to the GECF
26 August 2025
As the move from fossil fuels to renewables retreats further into the future, energy sector leaders must overcome key hurdles to sustainability for oil and gas, says Jim McFarland, vice president, programme, at WPC Energy
26 August 2025
To attract fresh talent and ensure the future of the energy industry, WPC Energy has launched several initiatives focused on engaging young professionals.
26 August 2025
The North African producer looks to be overhauling its legal and fiscal framework as it seeks to boost oil and gas output
21 August 2025
The administration has once more reduced its short-term gas price forecasts, but the expectation remains the market will tighten over the coming year
19 August 2025
ExxonMobil’s MOU with SOCAR, unveiled in Washington alongside the peace agreement with Armenia, highlights how the Karabakh net-zero zone is part of a wider strategic realignment
19 August 2025
OPEC and the IEA have very different views on where the oil market is headed, leaving analysts wondering which way to jump
15 August 2025
US secondary sanctions are forcing a rapid reassessment of crude buying patterns in Asia, and the implications could reshape pricing, freight and supply balances worldwide. With India holding the key to two-thirds of Russian seaborne exports, the stakes could not be higher
11 August 2025
The administration is pushing for deregulation and streamlined permitting for natural gas, while tightening requirements and stripping away subsidies from renewables
8 August 2025
The producers’ group missed its output increase target for the month and may soon face a critical test of its strategy
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead
7 August 2025
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy
6 August 2025
Diesel market disruptions have propelled crude prices above $100/bl twice in this century, and now oil teeters on the brink of another crude quality crisis
5 August 2025
After failed attempts to find a buyer for its stake in Russia’s largest oil producer, BP may be able to avoid the harsh treatment meted out to ExxonMobil and Shell when they exited—and could even restart operations if geopolitical conditions improve
