Tagged With Upstream
Rising Bakken gas output an opportunity, not a threat
3 October 2024
The formation’s gas-to-oil ratio is set to keep rising, but new markets and midstream plans mean infrastructure constraints may not be an issue
Canada’s oil industry adjusts to new reality
30 September 2024
The days of bumper output may be behind the producer, but moderate growth could persist for some time, especially if demand and oil prices stay high
Russia’s quest for energy ‘technological sovereignty’, part 1
25 September 2024
The country inherited a near self-sufficient oil and gas industry from the USSR, and it is working fast to eliminate shortfalls in its domestic capability, where advanced drilling and subsea technologies remain a vulnerability
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
Colombian O&G starts to feel investment squeeze
17 September 2024
Decarbonisation strategy is already hurting upstream appetite and threatening near-term energy security
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
Greater Sunrise brightens Timor-Leste's outlook
11 September 2024
But the young nation may have to go through a fallow period before that project comes online as the Bayu-Undan field nears exhaustion
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+
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
Reactivation of offshore exploration activities at Peruvian basins
30 August 2024
PeruPetro is promoting key areas to attract investment into the country’s offshore oil and gas
Post-Soviet Russian oil and gas part 2: Sanctions and isolation
22 August 2024
In the second of our two-part 90th anniversary issue series on Russian oil and gas, we look at how energy trade with Europe brought Russia in from the cold, and how adventurism in Ukraine sent it right back out again
Post-Soviet Russian oil and gas part 1: Privatisation and nationalisation
22 August 2024
The Russian hydrocarbons industry has evolved greatly over the past three decades. In the first of a two-part series for Petroleum Economist's 90th anniversary, we look at the post-Soviet period and how control of oil and gas went from the state to private hands and back again.
Jadestone sees opportunities in Southeast Asia
19 August 2024
The AIM-listed independent is pushing ahead with developments in Indonesia, Malaysia and Vietnam, CEO Paul Blakeley tells Petroleum Economist
Mideast gas growth signals condensate boost
19 August 2024
UAE and Saudi Arabia seen lifting condensate output amid deep OPEC+ oil quota cuts and questions over capacity expansion
Moscow’s moves may impede Africa’s energy ambitions
9 August 2024
Upstream projects may not benefit from Russia’s involvement, but South Africa might be seeking to become an importer of Russian molecules
Majors pull out of flagship South African gas projects
7 August 2024
Without a pipeline of developments in place, the country’s energy crisis is poised to worsen
Indie sees upstream opportunity in Jamaica
31 July 2024
United is seeking farm-out partners for the large Caribbean block
Letter from Iraq: Licences fail to lure IOCs
26 July 2024
Oil majors play it safe amid unfavourable terms in latest oil and gas licensing bid rounds allowing Chinese low-ball moves
Indian E&P companies struggling to meet targets
25 July 2024
Despite huge efforts by India’s government to accelerate crude production, India’s dependency shows no sign of easing
New opportunities for exploration and exploitation in Peru
1 July 2024
Blocks I, VI and Z-69 represent an excellent investment opportunity in the energy sector, producing fields, accessibility, infrastructure, guaranteed market and proximity to the modern Talara refinery
Brazil awaits contentious Equatorial Margin call
1 July 2024
Political rancour is rising as politicians appeal for environmental licence to explore the mouth of the Amazon
Namibia’s success boosts other frontiers
26 June 2024
Exploration efforts are increasingly spreading into South African and even South American waters
Kuwait looks to capitalise on emir’s bold move
20 June 2024
Emir Sheikh Mishal al-Ahmad al-Sabah’s dissolution of parliament gives him more power to shape decisions on the country’s oil and gas future
Senegal starts crude production
18 June 2024
This will be a transformative year for the West African nation, as first LNG is also expected before the end of 2024
US shale needs to find new efficiencies
6 June 2024
Output looks to a growth model based around doing more with less given green policy pressure, with tech advancements, equipment upgrades and fiscal tools key
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
Angola project thwarts upstream decline
29 May 2024
Kaminho deepwater FID raises hopes of reigniting much-needed further investment in ailing sector
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
Drones and deadlock stymie Iraqi Kurdish oil and gas ambitions
20 May 2024
Not for the first time, a foreign oil company-led project in Iraq’s Kurdistan region is dealing with the aftermath of a deadly drone attack
Kazakhstan’s upstream feels the strain
16 May 2024
Flat oil growth in 2024 highlights mounting industry problems
Uzbekistan’s privatisation push bears fruit
15 May 2024
Five years ago, Uzbekistan turned to a private company called Saneg to reverse the fortunes of its oil industry. Results so far are encouraging, and according to CEO Tulkin Yusupov, further progress is on the way
Sao Tome and Principe may be poised for exploration revival
13 May 2024
But optimism about island nation checked by competition around African upstream investment and history of false dawns
Indies look to Equatorial Guinea as ExxonMobil pulls out
24 April 2024
But even planned exploration activity is unlikely to reverse declining output from mature fields
UK-listed Pharos to ramp up Egyptian activities
19 April 2024
Cairo’s currency problems have hindered investment, but Pharos sees considerable potential as Egypt emerges from crisis
Indie Arrow targets rapid production growth
10 April 2024
Fears that left-leaning President Petro’s government would signal the end for Colombia’s oil industry appear unfounded
Equinor streamlines its offshore strategy
3 April 2024
Exploration is providing mixed fortunes for IOCs amid higher costs, prompting firms to look towards M&A and safer plays
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
Australia’s Carnarvon eyes NWS resources
22 March 2024
And the outlook for the country’s upstream appears to have improved following legal setbacks in 2023
North Sea production to see minor boost
20 March 2024
Taxation strategies in UK and Norway to continue to play important role for a region in which significant volumes of medium sour have offset the loss of similar quality Russian barrels and balanced the influx of US light sweet grades
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
CNOOC gears up for offshore challenge
13 March 2024
China’s state-controlled offshore specialist is looking to bump up output again this year is it turns its attention to more-difficult assets
Canadian crude oil’s last big push
11 March 2024
Oil sands set to provide growth over next few years, but infrastructure and policy hurdles could stifle momentum further out
Letter from the UK: A positive legacy for OPEC?
27 February 2024
Oil producer group could spearhead the shift to cleaner energy in member countries and be part of transition solution
Invictus working on Zimbabwe PSC
23 February 2024
The once-pariah nation could become a regional exporter in energy-starved southern Africa, according to MD Scott Macmillan
Australian upstream laments government grip on gas prices
21 February 2024
The industry is calling for the return to market-led price-setting on the east coast
Letter from India: Oil and gas crucial to future energy security
12 February 2024
Krishna-Godavari Basin success underscores importance of drive towards energy independence amid an ‘all-hands’ approach
Namibia continues to yield exploration success
12 February 2024
TotalEnergies explains it is seeking the ‘sweet spots’ to develop fields with unevenly distributed resources
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