Funding sources for new oil and gas projects are increasingly constrained
Outlook 2022: Mind the financing gap
Sources of capital for supply to meet future oil and gas demand are evolving
The headline-grabbing conclusion of the IEA’s 2021 World Energy Outlook was that “no new oil and gas fields are required” in their Net Zero Emissions scenario. This scenario sees global oil demand decreasing by over 40pc, to c.60mn bl/d, as soon as 2030. Even if the IEA was only drawing an axiomatic conclusion from its modelling, it was spun to the media as an IEA ‘call’ for no new oil and gas projects. This headline has certainly been latched onto by climate activists campaigning for no new project approvals. However, a less publicised—but equally important—conclusion from the same IEA report was that the only aspect of the net-zero pathway on which the world is currently on track is in the
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With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
