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The UK’s problematic power price
Expensive electricity has forced out swathes of energy-intensive industry and now threatens the country’s ability to attract future investment in datacentres and the digital economy
India taking pole position on oil demand growth
The country’s rapidly expanding economy is boosting its consumption of oil as demand for the fuel slows elsewhere in the world
Letter from Asia: The nuanced India-Russia oil picture
The South Asian consumer’s next move could tighten the Middle East oil market overnight
Indian refiners prove their adaptability
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
Outlook 2026: From wells to wafers – How MENA is powering the new energy–data nexus
Leading economies in the region are using oil and gas revenues to fund mineral strategies and power hyperscale computing
Outlook 2006: The North Sea’s next chapter – From backbone to blueprint
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
India’s refining project strengthens ties to Mongolia
The Central Asian country’s first oil refinery is being funded by a $1.7b line of credit from New Delhi, but routes in and out of the country remain controlled by Russia and China
A tale of two regulatory landscapes: the UK and Norway
The stark contrasts between the UK and Norway demonstrate how policy stability can shape the long-term trajectory of a mature basin
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
Accelerating MENA’s gas transformation
Gas has become a pillar of MENA economies and a catalyst for development strategies, fostering cooperation and creating new paths for economic diversification. Continued progress will require substantial investment and adapted regulations
India Mozambique Oman Sweden Timor Leste UK
3 May 2022
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Licensing round May update

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

Planned rounds The UK will hold its upcoming offshore oil and gas licensing round this autumn, according to regulator the North Sea Transition Authority, formerly known as the Oil and Gas Authority. This will be the first UK licensing round to take into account the country’s forthcoming climate compatibility checkpoint for new oil and gas developments. No further details are available. Open India’s Directorate General of Hydrocarbons has again extended the deadline for bids in its Discovered Small Fields 3 round, this time to 31 May 2022. The round, which contains 32 contract areas across both onshore and offshore, opened on 10 June 2021. Mozambique’s National Petroleum Institute has announc

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