Tagged With Upstream
Letter from London: Beware false prophets
12 December 2024
The oil and gas sector’s renewed upstream activity stands in marked contrast to just a few years ago, highlighting that the market does indeed cycle
BP’s revised ‘energy addition’ strategy
11 December 2024
London-listed IOC is pivoting back towards oil and gas and refocusing its clean energy business, with its Indonesia investment a perfect example of this new way forward
The changing face of Argentina’s upstream
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
US gas surge coming from oil patch
4 December 2024
Associated gas from legacy oil basins could offer a new lease of life to wobbling shale gas production and cement US powerhouse status
Turning potential into reality in Iraq
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
Raising the stakes in Iraq
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
Oil India eyes IOC partnerships
28 November 2024
Chairman talks up IOC and NOC tie-ups to help substantially boost oil and gas production over the next two years
Uganda must solve three-piece oil puzzle in 2025
19 November 2024
Energy minister says country is delaying first oil production until pipeline and refinery are ready
Uruguay’s offshore continues to make waves
15 November 2024
With Chevron and AIM-listed Challenger Energy having completed their Uruguayan farm-out deal, Challenger CEO Eytan Uliel updates Petroleum Economist on the firm's progress in the frontier basin
Mopane offers Namibia learning curve
13 November 2024
IOCs are focused on the next wave of exploration activity in Namibia and are keen to learn from one another’s results
Suriname’s upstream enters new era
4 November 2024
The country’s offshore basin remains highly competitive and attractive to IOCs, despite the presence of some geological challenges
Malaysia looks to deepwater to sustain output
31 October 2024
The country is nearing a tipping point as its domestic needs continue to grow
Latin America feels the heat
27 October 2024
Extreme weather conditions are compounding upstream challenges and pressuring governments across the region
Gulf of Mexico’s deepwater expansion, part 2: Existing assets
24 October 2024
Producers in the region see significant gains to be made by boosting output using the infrastructure already in place
Gulf of Mexico’s deepwater expansion, part 1: High pressure, high rewards
23 October 2024
Majors in the region are pushing boundaries and could see significant upside, but longer-term risks remain
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
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