Articles
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
18 February 2025
Booming crude production has been met with international caution after the UN’s damning assessment
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
17 February 2025
There is a growing feeling that it will not take much for heavy international hitters to follow the US out of the Paris Agreement
14 February 2025
The start of private LNG imports may trigger an evolution in the country’s policy of energy security to encompass commercial exploitation
13 February 2025
New supply from Argentina, Brazil and Guyana is rich in middle distillates, but optimism in terms of volume growth remains tempered by regulatory and technical risks as well as price volatility
12 February 2025
The oilfield expansion provides a fresh influx of revenue but will strain its cooperation with OPEC+ and fails to mask deeper issues with the economy and investors
11 February 2025
Improving compliance among the group and wider group is offset by production increases in outliers Libya, Venezuela and Iran
10 February 2025
The country wants to kickstart its upstream but first needs to persuade investors to foot the bill
10 February 2025
The February 2025 issue of Petroleum Economist is out now!
7 February 2025
The history of tin production and prices offers a preview of the future oil market. If correct, $35/bl could become the new normal for crude for several years without further OPEC+ intervention
7 February 2025
Changing oil demand patterns mean different downstream economics amid switch to naphtha, LPG and other petrochemicals
6 February 2025
Policy initiatives will take time to reverse declining output, and restoring investor confidence is far from certain
6 February 2025
This premier event is poised to address the evolving technology and investment demands of North America’s thriving chemical and pharmaceutical sectors
5 February 2025
Growing appetite for LNG reinvigorates discussions between China and Myanmar, but civil war may prevent talk becoming action
5 February 2025
With new capacity, buyers must navigate sanctioned Russian crude, a return to traditional OPEC barrels and diversity of supply
4 February 2025
The threat of Trump tariffs and the departure of Trudeau have sharpened the domestic political focus on boosting the oil and gas industry
3 February 2025
Alaska has been engulfed by a lack of consistent policymaking and highlights the challenges financing energy projects in the US
31 January 2025
Several projects are expected to boost production this year as strategically important region looks to environmental rules, fiscal policies, oil prices and demand trends longer term
31 January 2025
Trump may get his wish for cheaper oil, but prices will more likely be driven by fundamentals than policies
30 January 2025
Following through on threats to key oil producers while simultaneously bringing down prices will prove a tricky balancing act
29 January 2025
Oil and gas firm backs Trump agenda as it unveils plan to deploy gas-fired capacity to power US datacentres
29 January 2025
Petroleum Economist analysis sees ICE Brent averaging $79/bl in 2025 as misfiring non-OPEC+ oil supply overshadows tepid demand growth
28 January 2025
African nation eyes roadmap for associated gas, complicating IOCs’ oil exploration activities
27 January 2025
Regional state-owned firms are transforming their strategies and leveraging their resources to position themselves as clean energy powerhouses, and to ensure they maintain influence in a low-carbon world
27 January 2025
Asian neighbours seek resolution on territorial dispute for hydrocarbons development that has spanned decades
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition
20 January 2025
Country offers to boost gas exports to Europe to 10bcm/yr, but serious questions remain
20 January 2025
The country’s oil and gas giant, KazMunayGas, is pushing ahead with a series of significant international partnerships
17 January 2025
Supply glut or supply deficit are both plausible outlooks, with tariffs and sanctions among the key risks that could swing the pendulum
17 January 2025
European Commission is on its way to meeting clean energy goals, but energy security concerns and higher costs may give it second thoughts
17 January 2025
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent
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
16 January 2025
Oil industry has potential for revitalisation despite political uncertainty and damage to infrastructure
16 January 2025
While the global energy transition is essential for reaching net zero, it is equally important that less-developed countries are allowed to realise the benefits of their hydrocarbon resources
16 January 2025
The EU should turn the page on its prescriptive approach and encourage innovation and competition, with biofuels and biogas being an essential part of the conversation
15 January 2025
The oil and gas industry will replace its capital discipline with Trump compliance and consumers will benefit from lower gasoline prices
15 January 2025
How legislative reforms and ambitious exploration plans are transforming India into a global energy investment hotspot—and why international investors are taking notice
13 January 2025
With Namibia, Guyana and Brazil playing starring roles and important innovations being developed, business as usual has never looked so good
13 January 2025
Regional cooperation over the development of gas resources has the potential to bring peace and prosperity to the East Mediterranean
13 January 2025
Significant expansions are underway in both liquefaction and regasification capacity as LNG firms up its position as a long-term solution for the world’s energy needs
10 January 2025
New Petroleum Economist OPEC+ oil survey sees group improve compliance to ensure oil market stability going into 2025
10 January 2025
The region accounts for the biggest share in terms of capital investment in the $2t market
10 January 2025
The importance of the oil and gas sector to the UK and the value of its assets mean 2025 could offer new opportunities and a recovery in activity
9 January 2025
The disconnect between export terminals coming online and vessels being available to transport cargoes means shipping rates are not looking so good, at least in the short term
9 January 2025
With substantial volumes of liquefaction capacity on the horizon and buyers holding more of the cards, the LNG market is evolving in unpredictable ways
9 January 2025
The role of gas is changing from being a provider of a large volume of energy to peaking supply backing up expanding renewables
8 January 2025
The traditional concept of the energy trilemma is insufficient to understand how energy and politics really work
8 January 2025
With electricity consumption continuing to grow and set to surge further with the rise of digital technologies, natural gas remains critical to meeting demand
7 January 2025
Oil demand growth may be slowing, but the needs of rising populations and developing economies mean the outlook is still evolving
6 January 2025
Capacity additions during the Biden administration were the highest for a single-term president
3 January 2025
Supporters of the LNG industry need to concentrate on the areas with the most potential before the sector runs out of time to make its mark
2 January 2025
A renewed push for oil and gas production in the US combined with a continued focus on decarbonisation are just two of the trends to look out for in the coming year
2 January 2025
Global population growth is leading to ever-rising demand for reliable and affordable energy, a need gas is perfectly placed to meet
2 January 2025
The climate narrative has centred on phasing out fossil fuels in favour of renewables and novel solutions, but increasingly, policymakers are realising the importance of hydrocarbons as an enabler of the transition
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
31 December 2024
The world needs to reduce emissions but must do so while providing affordable and reliable energy to meet rising global demand
31 December 2024
Whether it is hydrogen, LNG, carbon capture or water treatment, collaboration is key to meeting the world’s growing energy demand while meeting decarbonisation goals
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
18 December 2024
The energy transition will not succeed without a reliable baseload, but the world risks a shortfall unless more money goes into gas
18 December 2024
The December/January issue of Petroleum Economist is out now!
17 December 2024
Structurally lower GDP growth and the need for a different economic model will contribute to a significant slowdown
17 December 2024
Policymakers and stakeholders must work together to develop a stable and predictable fiscal regime that prioritises the country’s energy security and economy
17 December 2024
The incoming administration is expected to quickly change-up the LNG approvals process and boost several major projects to FID. But market fundamentals still matter
16 December 2024
Middle East grades remain a diminished but important part of the South Asian country’s diet, especially as new refining capacity comes online
16 December 2024
As gas supplies dwindle, LNG becomes the only viable solution in a state that has focused on transition
16 December 2024
China drove the market for crude into the doldrums in 2024 with a big drop in demand, but a turnaround looks likely next year
16 December 2024
Canadian and Iranian barrels being snapped up by China’s smaller refineries amid weaker domestic demand
13 December 2024
The independent is now seeking to expand its operations
13 December 2024
Flexibility and sharing of risk in gas buying and selling is becoming more essential
13 December 2024
After a recent surge led to 2024 consolidation matching that of previous years, there is less optimism the feat will be repeated in 2025
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
11 December 2024
Potential tariff hikes against Canada and Mexico may hurt US refiners and change supply dynamics in global oil trade reshuffle
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
10 December 2024
The collapse of the Syrian dictator’s regime will weaken Tehran in profound ways both economically and geopolitically
9 December 2024
Editor-in-chief recognised by Cititec as among the 50 voices in commodities worth following
6 December 2024
A trade war may damage US economic growth, with commodity producers the ultimate losers if history is a guide
6 December 2024
The NOCs are both looking to take advantage of the petrochemicals boom, with the Saudi firm snapping up stakes in Asian JVs tied to offtake agreements and its Emirati counterpart striking big M&A deals
5 December 2024
While Donald Trump’s future sanctions policy is anything but certain, he may use a ‘carrot and stick’ approach to pursue an end to the war in Ukraine, although any changes will not happen overnight
5 December 2024
The latest sanctions on Gazprombank and other Russian banks may cause disruption, but willing buyers of Russian energy will find ways to continue payments
5 December 2024
The new edition of Outlook, our annual publication about the year ahead for energy, produced in association with White & Case, is available now
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
3 December 2024
Papua New Guinea’s LNG sector appears to be back on track, with other projects in the pipeline
2 December 2024
Crucial role of gas means country is laying the foundations to control physical and trading supply chains
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
Although Iraq remains a major crude exporter, it is still some way from becoming a regional energy supply hub. Ambitious new cross-border schemes aim to rectify that situation
29 November 2024
There are opportunities for attractive returns and greater project success amid a real push by the Iraqi government for reform, as long as there is a shared understanding between the needs of investors and the host government
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
Transforming Iraq’s natural gas sector is the key to the country’s energy self-sufficiency, allowing it to chart a course towards becoming a supply hub for the wider region
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth
