Tagged With Politics
Letter from Iran: US sanctions cut off crude supply line
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
Libya’s armed oil industry takeover
18 February 2025
Booming crude production has been met with international caution after the UN’s damning assessment
Letter on Transition: Energy’s climate question faces crucial test
17 February 2025
There is a growing feeling that it will not take much for heavy international hitters to follow the US out of the Paris Agreement
Canada re-evaluates energy security with elections on horizon
4 February 2025
The threat of Trump tariffs and the departure of Trudeau have sharpened the domestic political focus on boosting the oil and gas industry
The tug-of-war over Alaska’s energy economy
3 February 2025
Alaska has been engulfed by a lack of consistent policymaking and highlights the challenges financing energy projects in the US
Trump’s oil market trade-off
30 January 2025
Following through on threats to key oil producers while simultaneously bringing down prices will prove a tricky balancing act
Thailand and Cambodia eye oil and gas detente
27 January 2025
Asian neighbours seek resolution on territorial dispute for hydrocarbons development that has spanned decades
Trump administration must state its position on climate and energy
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition
Qatari warning on EU legislation resonates across industry
17 January 2025
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent
Mexico’s energy ambitions weigh heavily on Pemex
16 January 2025
The government’s resource nationalism is aggravating the NOC’s debt position and could yet worsen if also tasked with the decarbonisation shift
Syria’s energy sector sees glimmers of hope
16 January 2025
Oil industry has potential for revitalisation despite political uncertainty and damage to infrastructure
Outlook 2025: The importance of ensuring a just transition for developing nations
16 January 2025
While the global energy transition is essential for reaching net zero, it is equally important that less-developed countries are allowed to realise the benefits of their hydrocarbon resources
Letter from the US: Trump and $1 gasoline
15 January 2025
The oil and gas industry will replace its capital discipline with Trump compliance and consumers will benefit from lower gasoline prices
Outlook 2025: Geopolitics and gas
13 January 2025
Regional cooperation over the development of gas resources has the potential to bring peace and prosperity to the East Mediterranean
Outlook 2025: Energy access, military considerations and regional security
8 January 2025
The traditional concept of the energy trilemma is insufficient to understand how energy and politics really work
Commercial decisions, not Trump, will determine US oil production
6 January 2025
Capacity additions during the Biden administration were the highest for a single-term president
Five trends that will shape oil, gas and energy in 2025
2 January 2025
A renewed push for oil and gas production in the US combined with a continued focus on decarbonisation are just two of the trends to look out for in the coming year
Outlook 2025: A new era – how the UK offshore sector can lead in a competitive market
19 December 2024
The government must take the opportunity to harness the sector’s immense potential to support the long-term development of the UK’s low-carbon sector
Outlook 2025: Navigating the windfall tax and the future of UK energy
17 December 2024
Policymakers and stakeholders must work together to develop a stable and predictable fiscal regime that prioritises the country’s energy security and economy
Trump tariffs could upend oil flows
11 December 2024
Potential tariff hikes against Canada and Mexico may hurt US refiners and change supply dynamics in global oil trade reshuffle
Assad’s downfall is bad news for Iran
10 December 2024
The collapse of the Syrian dictator’s regime will weaken Tehran in profound ways both economically and geopolitically
Letter from the US: Trump’s protectionism threatens oil and gas industry
6 December 2024
A trade war may damage US economic growth, with commodity producers the ultimate losers if history is a guide
US goes after Russian gas money, part 2
5 December 2024
While Donald Trump’s future sanctions policy is anything but certain, he may use a ‘carrot and stick’ approach to pursue an end to the war in Ukraine, although any changes will not happen overnight
US goes after Russian gas money, part 1
5 December 2024
The latest sanctions on Gazprombank and other Russian banks may cause disruption, but willing buyers of Russian energy will find ways to continue payments
Letter from Azerbaijan: COP half-full, or COP half-empty?
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
US oil industry welcomes Trump win
8 November 2024
The former president’s victory likely heralds the return of a more market-oriented energy policy
Japan LNG to gain traction from political inertia
6 November 2024
The crumbling of the country’s postwar political consensus may bolster the country’s LNG demand outlook by stymieing planned nuclear restarts
Oil cannot escape Mideast conflict forever
23 October 2024
Markets have seen no material disruption from the war so far, but as the fighting goes on it is a matter of when, not if
IOCs undeterred by Middle East conflict
21 October 2024
Companies operating offshore assets in the region are unlikely to halt development plans for now, even as hostilities intensify
From the Archives: Time for action from OPEC
17 October 2024
In our final look back into the Petroleum Economist archives, we turn the clock back to September 2016
From the Archives: October revolution
16 October 2024
The Arab oil embargo of 1973 was a turning point for the global oil and gas industry. As part of our 90th anniversary series, we republish how Petroleum Economist covered this critical story
Energy markets face bifurcation point as US election looms
10 October 2024
Either Donald Trump or Kamala Harris will enter the White House as president in January 2025, and the gulf between their energy and climate policy agendas will have global implications
Letter from the US: Talk is cheap in US presidential election
8 October 2024
History shows us that there is a long way to go from candidate proposals to policy implementation
Chaos the new normal for Libya’s oil sector
7 October 2024
Hopes for a recovery by the North African oil producer remain in tatters
US election means little to Tehran and Caracas
2 October 2024
Geopolitical strife embroiling Iran and political corruption in Venezuela suggest little near-term change to oil production from either of the sanctioned states
From the Archives: Oil in the far east
26 September 2024
As part of our 90th anniversary, we take a look at how Petroleum Economist covered key events in the history of oil and gas. Firstly, our founder Oskar Tokayer reports on Japan's war in the Pacific in January 1942
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
Oil & gas in pursuit of the energy transition, part 2: IOCs and climate change
20 September 2024
European oil and gas firms are taking a different approach to the transition when compared with their American cousins. The second part of the fifth chapter of our history of oil and gas examines the ocean separating IOCs
Oil & gas in pursuit of the energy transition, part 1: Net zero and the trilemma
18 September 2024
In the first part of the fifth chapter of our history of oil and gas, we move the story on to the climate crisis and push for net-zero carbon emissions
The fuel subsidies conundrum
18 September 2024
The burden of subsidies on national economies seems to outweigh their political point scoring benefits, but removing them is not an easy task
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
OPEC and the post-war evolution of the oil industry, part 3: Shale, new demand and OPEC+
10 September 2024
The third part in the second chapter of our history of oil looks at the US shale revolution and ‘declaration of cooperation’ that created OPEC+
OPEC and the post-war evolution of the oil industry, part 2: The emergence of the IEA
9 September 2024
We pick up the story of the history of oil with the response of consumer countries to the 1973 embargo, with the creation of the IEA proving the adage that every action has a reaction
OPEC and the post-war evolution of the oil industry, part 1: The birth of OPEC
9 September 2024
Continuing our 90th anniversary deep dive into the history of oil, the first part of our second chapter covers the post-war world and the beginnings of OPEC
Mexico’s new president faces fiscal crunch
9 September 2024
While greater focus on decarbonisation is likely, economic pressures and huge debt burden could squeeze energy policy ambitions
Iran to hold on to Eastern promise
17 July 2024
New reformist leadership is unlikely to see any quick changes to relations with the West, but Iran has opportunity to boost its energy and foreign policy options
Argentina opens up to international investors
15 July 2024
The controversial trimmed down version of the ‘omnibus bill’ promises to attract more foreign investment to sectors including oil and gas, but critics raise concern it still goes too far
Biden clamps down on Alaskan oil and gas
3 June 2024
Federal government restricts activity in Alaskan petroleum reserve but leaves current arrangements like Willow alone
Political bargains hamstring Australia's Future Gas Strategy
2 June 2024
Backroom political deal-making has undermined the government’s long-term vision for the domestic gas sector
Letter from South America: Sanction threat fails to curb Caracas
31 May 2024
Washington has put oil and gas sanctions back in place while Venezuela prepares for elections. But exemptions remain as the Biden administration looks to domestic gasoline prices ahead of the US’ own elections later this year
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