Jul 2009

RUSSIA's gas monopoly, Gazprom, has slashed its capital expenditure (capex) budget in the face of falling European gas demand and prices.

OIL prices are on their way down again, after stocks data from the US on Wednesday showed a smaller-than-expected drop in crude stocks and a build in refined products.

Only colossal changes in the energy industry will stop global warming. But first people need to get their facts straight, says David MacKay. Interview by Derek Brower

Oil prices are soaring again, but the evidence of genuine demand is patchy. So why do investors love oil? Conal Walsh writes

High oil prices now will not help producers in the long run, says Derek Brower

Spain's Repsol is looking more and more like an international oil company. Executive chairman Antonio Brufau talks to Tom Nicholls in Madrid

Iran's Persian LNG (liquefied natural gas) consortium may opt for piped gas exports instead of an LNG development, according to project partner Repsol, writes Tom Nicholls

The recent rally in oil prices has eased Petrobras' financial difficulties as it works to source the development capital required for its pre-salt discoveries, writes Robert Olsen

Enforced take-overs of services operations are a short-term measure to shore up government finances, but they could do lasting damage to the oil industry, reports Robert Olson

The government of Argentina must open the gas market and liberalise prices if it wants to draw investors back into its upstream sector, argues Daniel Gustavo Montamat*

The worldwide chemicals business had a rough ride in 2008 – but 2009 could prove to be worse, Martin Quinlan writes

The chemicals business is well into a classic down-cycle with profitability falling fast, Martin Quinlan writes

One year on from its controversial merger GDF Suez is defying the doubters with positive results, writes NJ Watson

Russia should improve the Energy Charter process, not abandon it, says Andrey A Konoplyanik

Government incentives have breathed a new lease of life into the UK wind sector, but is it too little too late? Ian Lewis writes

US light crude oil futures dipped below $60 a barrel on Thursday, as the market faced up to the bearish fundamentals it has been ignoring for weeks

The oil industry's great wheel of boom and bust is now rolling over the contractors and services companies, writes Derek Brower

Some national oil companies (NOCs) might have lost influence since last year's oil price collapse. Not China's

CRUDE oil markets were soft again on Friday as an uptick in the value of the dollar against the euro halted a commodity-price recovery

One year on from its controversial merger GDF Suez is defying the doubters with positive results, writes NJ Watson

As governments across the world build more nuclear power stations, disposing of the old and dirty reactors is becoming big business, writes Conal Walsh

The Shtokman gas project epitomised the power of the resource holding nations, such as Russia, over the Western majors that had over the decades before commanded control of the world's energy sector

Financial speculators in the oil market are facing the threat of a regulatory crackdown on both sides of the Atlantic. But are they to blame, as some politicians claim, for recent volatility in energy prices?

World leaders assembled at L'Aquila, Italy, for the July G8 meeting once again failed to reach agreement on climate change

Volatility returned to the oil markets as a sustained run-up in oil prices over the second half of July came to an abrupt end on Wednesday, only to recoup most of those losses the very next day.