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Letter from Saudi Arabia: US-Saudi energy ties enter a new phase
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
Letter from London: Oil’s golden triangle
The interplay between OPEC+, China and the US will define oil markets throughout 2026
Reality bites for Indonesia’s oil ambition
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
Alberta’s energy hub sees silver lining
US tariffs bolster Alberta’s Industrial Heartland exports to Asia
The duality of US shale
A sector beset by pessimism and pain amid price weakness contrasts with data signalling production strength and resilience
Gas should fare better than oil under Canada’s new regime
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
Turkmenistan's pipe dream
Construction of the pipeline in Afghanistan is making tangible progress, but extending it into Pakistan and India remains unrealistic for political reasons
MENA states try to change their gas fortunes
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
Fear and loathing in US LNG buildout
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
India’s LNG falling short
More needs to be done to meet the government’s ambitious targets for gas
Canada India Indonesia Kazakhstan Lebanon Mozambique US
15 December 2021
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Licensing round December update

The industry's most comprehensive list of current and recent rounds for onshore and offshore licences

Open rounds India’s Directorate General of Hydrocarbons has extended the deadline for submissions to its Discovered Small Fields 3 bid round to 31 January 2022. The round, which contains 32 contract areas both onshore and offshore, opened on 10 June 2021 after some delay. Indonesia’s Ministry of Energy & Mineral Resources announced the opening of its second bidding round for 2021 on 29 November 2021. The round includes four blocks via the direct-offer model and four via regular tender, and will close on 11 January 2022 and 24 March 2022 respectively. The onshore and offshore blocks vary in size from 267km² to 7,970km². The Lebanese Petroleum Administration has announced the closing date

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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
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The interplay between OPEC+, China and the US will define oil markets throughout 2026
Libya’s upstream caught between hope and caution
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