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Qatar’s Golden Pass dilemma
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
Lessons from the crisis
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
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The US may be systemically stripping Russia of key geopolitical allies, but Moscow can reap rewards from the Hormuz crisis, both in the short and long term
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Trump’s bid to reshape the global energy order
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Energy dominance as diplomatic leverage
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
Scott Sheffield, CEO of Pioneer Resources, speaks during CERAWeek in 2015
Opinion
US Corporate Politics
Philip K. Verleger
14 May 2024
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Letter from the US: OPEC+ and the trillion-dollar mistake?

The former CEO of Pioneer, Scott Sheffield, has opened a can of worms through his association with OPEC+ and its market management strategy

US oil companies, and potentially many oil-exporting countries, are in big trouble thanks to Scott Sheffield, the former CEO of US independent Pioneer Natural Resources. Beginning around 2017, Sheffield went from supporting open markets and aggressive exploration to pushing market management and allegedly working with oil-exporting nations and potentially US producers to limit output and support prices. The hundreds of emails and WhatsApp messages to and from Sheffield and others in the industry expose oil-exporting countries and some independent firms to potential criminal and/or private litigation for conspiracy. The damages awarded from such litigation could be astronomical. In late 2017,

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Lessons from the crisis
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
Libya's potential goes unrealised
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Disappointing results in its bidding round are a reality check for Libya, and global exploration generally

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