Tagged With Paul Hickin,
Editor-in-chief
Lessons from oil’s past
24 September 2024
Today’s policymakers should keep in mind the history of oil and gas as they look to remake the future of energy
Letter from London: OPEC+ approaching high noon
12 September 2024
The oil alliance must navigate the good, the bad and the ugly in its showdown with the market at the beginning of December
Empire of Oil: how hydrocarbons remade the world
12 September 2024
The transition to oil evokes revolution and renaissance
The rise of oil’s big three, part 3: The oil age develops
5 September 2024
The 20th century’s two global conflicts made clear the geopolitical importance of oil, while Russia and Saudi Arabia joined the US as hydrocarbons superpowers
The rise of oil’s big three, part 2: The start of the oil age
5 September 2024
In the second part of our history of oil special on the ascent of the US, Russia and Saudi Arabia, we examine the early years of the age of oil
The rise of oil’s big three, part 1: The transition to oil
5 September 2024
In this first part of the first chapter of our 90th anniversary special on the history of oil, we look at oil’s humble beginnings and the start of its rise to prominence
Letter from Europe: Gas industry back on high alert
29 August 2024
International Gas Union warns of potential global shortfall by 2030 and calls for need to boost investment to meet energy security and sustainability needs
Letter from London: ‘Gas OPEC’ may be just a matter of time
12 August 2024
While calls for a gas equivalent of the oil alliance seem to do the rounds every few years, the arguments for such a group are stronger than ever
The emergence of the US as a global LNG superpower
12 August 2024
The US' meteoric rise as an exporter of the super-chilled fuel has redrawn the global energy map, with far-reaching implications
Africa can be long-term focal point for oil industry
10 July 2024
Once energy security is achieved, Africa can play a greater global role as it builds out its downstream, Anibor Kragha, chief executive of the African Refiners and Distributors Association, tells Petroleum Economist
Global oil benchmark resolves its existential crisis
24 June 2024
The addition of US crude to the world’s top oil benchmark has finally solved its North Sea conundrum and laid down a marker for the future
‘Monsieur Afrique’ says gas is the big frontier exploration
21 June 2024
Panoro Energy’s senior advisor, Tim O’Hanlon, is upbeat on Gulf of Guinea upstream opportunities but highlights gas and LNG as next big growth story
Oil outlooks enter the twilight zone
19 June 2024
The feud between the IEA and OPEC highlights how the lines between reality and fantasy over oil demand have become blurred, with huge ramifications for investment
Letter from London: OPEC+ well set for Sisyphean task
8 June 2024
The impressive agreement struck between OPEC and its allies highlights the powers and limits of the group
Letter from Paris: Do not underestimate ‘Afripec’
23 May 2024
Make no mistake, Africa has a crucial and increasingly important role within OPEC, even given its relatively small production volumes and the departure of Angola
Letter from London: The unbearable lightness of being US shale
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing
Norwegian North Sea proving resilient
25 March 2024
Low carbon intensity and sizeable projects such as Johan Castberg coming onstream in late 2024 suggest a robust outlook at least until 2030
Letter from Saudi Arabia: Don’t mistake Saudi energy policy
21 March 2024
The country is not betting against long-term oil demand growth, it is planning for a hydrocarbons-led energy demand boom
Letter from India: Oil’s new nerve centre
19 March 2024
The IEA estimates India will be the largest driver of global oil demand growth by 2030, but it may have still undersold the story
Time running out for UK North Sea
18 March 2024
Smaller projects provide opportunities, but basin maturity and policy shifts amid political uncertainty signal a significant decline by the end of the decade
India says doors wide open for energy investment
12 March 2024
Hardeep Singh Puri says upstream oil is vital as country goes all out to boost its energy sector across E&P, gas, biofuels and hydrogen amid booming demand
Petronet LNG says price key despite Qatar ties
14 February 2024
Huge QatarEnergy deal lays down marker in India’s gas shift, but CEO stresses price still biggest driver as Petronet LNG looks at further buying opportunities
OPEC stresses need for all-energies approach
6 February 2024
Secretary general says oil can help solve trilemma and is upbeat on ‘flexible’ OPEC role to help manage crude supply longer term
Viaro Energy sees gas as long-term UK transition fuel
11 January 2024
CEO sees gas as growth area for the North Sea if governments embrace energy security
Oil and gas now has green licence
9 January 2024
The hydrocarbons industry must start to deliver in 2024 on the quiet approvals granted at last year’s COP, which was also dubbed ‘Conference of the Petrostates’
Oil and gas now has green licence
9 January 2024
The hydrocarbons industry must start to deliver in 2024 on the quiet approvals granted at last year’s COP, which was also dubbed ‘Conference of the Petrostates’
Oil: Five things to watch in 2024
2 January 2024
Many of the biggest themes of 2023 will come to a head this year, but beware both naysayers and apologists
Outlook 2024: OPEC at the wheel
29 December 2023
OPEC+ has created a new and higher oil market floor that both sets the scene to revive oil investment and has the begrudging acceptance of consumers
Letter from London: OPEC’s new chapter
5 December 2023
Scepticism, confusion and disdain over OPEC+’s extended and deeper supply cuts should give way to an appreciation of the new multi-speed producer alliance
Europe’s gas security strategy may not be 2024 ready
30 November 2023
The region’s rapidly evolving infrastructure has a lot to be commended for, but some of the capacity may not be ready in time for the 2024 heating season
Oil price of $80–95/bl could be new normal in 2024
2 November 2023
OPEC+ is prepared to defend $80/bl, but economic weakness and potential supply kept off the market will likely limit any upside as consumers acclimatise to higher prices, says Saxo Bank’s Ole Hansen
Venezuela’s limited oil sanctions relief
1 November 2023
Washington’s move to ease restrictions on Caracas will likely have a more meaningful impact on US refiners than global crude markets
Energy Council sees worsening underinvestment in oil and gas
17 October 2023
But CEO Miller says surge in Middle East and Asia funding, creative solutions and ‘nuanced’ approach to transition offer hope
ExxonMobil deal will transform shale and beyond
13 October 2023
The major’s $60bn Pioneer purchase signals long-term view of oil demand and a mature consolidated shale industry
Letter from the UAE: A Goldilocks oil price?
11 October 2023
OPEC’s calls for higher prices to lure investment stand at odds with consumer nations’ difficulties with inflation and high energy costs
Tellurian eyes first LNG late 2027
9 October 2023
The integrated developer remains bullish despite previous delays
Letter from Calgary: World’s energy contradictions in microcosm
29 September 2023
This year’s WPC laid bare the dilemma facing the energy industry and the world at large, with warnings about the dangers of underinvestment in fossil fuels given the immaturity of alternatives
Libya targets 2m b/d oil before 2030
28 September 2023
Oil minister Oun sends out cautiously optimistic message on oil and gas outlook and says pilot project ready to unlock huge shale reserves key to further growth
Asian gas industry group counts on rising demand
27 September 2023
Regional industry body ANGEA remains bullish about Asia's adoption of gas and LNG, despite elevated prices and logistical challenges
Letter from Singapore: Beware oil investment’s death rattle
12 September 2023
High prices are no longer a guarantee for increased investment in oil projects despite the warnings of an energy crunch
The oil market’s new polymorphism
11 September 2023
From crude flows to oil prices, S&P Global Commodity Insights highlights the market’s ability to overcome adversity, albeit with costs involved
Lack of oil and gas investment could be serious issue, warns IEF’s McMonigle
25 August 2023
Secretary General believes linear and ideal forms of energy transition will be difficult to achieve especially with false narratives around peak oil demand
US SPR faces existential crisis
11 August 2023
As the 50th anniversary of the Arab oil embargo approaches, policymakers gripped by energy security fears must start rethinking the purpose of emergency oil stocks
Oil market poised for China showdown
8 August 2023
China puts the strategic in SPR as it looks to utilise record oil storage
Energean’s Rigas says gas strategy tied to East Med energy security
3 August 2023
CEO warns Russia shock may have changed Europe’s energy dynamic forever as company focuses on significant demand from Israel, Egypt and beyond
Rio Grande lights the way for US LNG
28 July 2023
Texas export facility’s remarkable turnaround will give fresh hope to other gas projects looking to secure FID
Letter from Vienna: OPEC wrestles with a plethora of contradictions
21 July 2023
Saudi Arabia and its allies delivered a strong message with a collective voice at the OPEC seminar in Vienna, but just as important was what was left unsaid
Iran’s crude increases raise US, OPEC+ questions
20 July 2023
A tight sour oil market and a reluctance by Washington to take a hard line could allow the OPEC producer to keep testing boundaries, but for how long?
Hydrocarbons are a clean fuel for 30% of the world
18 July 2023
The Russia crisis has brought some rational thinking back into the broader energy conversation around what constitutes clean and affordable fuel
Letter from London: Some fuels are more equal than others
11 July 2023
For those demonising oil and gas, there is a plot twist: the real bogeymen are coal and the world’s voracious appetite for energy
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