Licensing rounds update
The industry's most comprehensive list of current and recent rounds for onshore and offshore licenses
Planned rounds Australia’s Department of Industry, Science, Energy & Resources has announced the 2020 Offshore Petroleum Acreage Release will proceed as planned with some key adjustments, including an increased consultation period on nominated areas and an alternative to the public launch event later this year. No further details have been announced. Canada’s Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued a Call for Nominations (Areas of Interest) for the NL20 Eastern Newfoundland licensing round. The closing date for this is November 2021, followed by a call for bids, which will run from either March or April 2022 to November 2022. Colombia’s Agencia Nacional de

Also in this section
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