Petroleum Economist
Poland 'very optimistic' on shale (2)
New gas export/import infrastructure critical, says senior Polish official. Government could raise royalty rates if output takes off. Helen Robertson, Warsaw
Shale gas in China a new 'problem' for Gazprom
Disputes with Europe mean eastern gas markets crucial to Gazprom; Qatar LNG eroding Gazprom's western markets. Helen Robertson, Warsaw
Profile: Encana back-pedals on growth targets
Gas price hits Enacana shale-gas development. "We will not pursue growth at any cost" – Randy Eresman
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Aim-listed Madagascar Oil targets 87,500 b/d heavy-oil production, seeks investment partners
Genie targets Israeli oil-shale potential(2)
Environmental and geological obstacles to development of Israel's 300bn barrels of oil-shale potential
Husky Energy goes for growth
Husky sanctions Sunrise oil-sands project; seals ExxonMobil gas deal in Western Canada
Poland 'very optimistic' on shale
New export/import infrastructure critical, says senior official; government could raise royalty rates if output takes off
Shale gas in China a new 'problem' for Russia
Disputes with Europe mean eastern markets crucial; Qatar’s LNG also eroding Gazprom’s western markets
Encana back-pedals on growth targets
Gas price hits Encana developments; “We will not pursue growth at any cost” – Eresman
Madagascar: a new, unconventional-oil frontier
Aim-listed Madagascar Oil targets 87,500 b/d production; seeks partners for more developments
Genie targets Israeli oil-shale potential
300bn barrels of oil-shale potential in Israel; environmental and geological obstacles to development
Husky goes for growth
Sunrise oil-sands project sanctioned; ExxonMobil Canada gas deal
Shale gas boosts US reserves again
US shale-gas development increased total proved gas reserves by 11% in 2009
NY retains Marcellus drilling ban
New York state assembly vote to ban drilling in its share of the Marcellus Shale gasfield
Oil price firms as equity markets surge; gas prices continue to rise
An unexpected rise in US crude stocks last week was not enough to soften oil prices, which remained strong on the back of surging global equity markets and a bullish outlook from Opec
Unconventional gas to transform Argentina's supply picture
Unconventional gas reserves could supply Argentina for 50 years; 4.5 trillion cf of tight gas found
Husky, CNQ: divergent paths to oil-sands growth(2)
Cost control vital to oil-sands development; investors yet to be convinced of Husky, Canadian Natural Resources' plans
TransCanada and Enbridge in Bakken battle (2)
Shale oil to overtake oil sands as investment target; 83% surge in US Bakken reserves. Pipline companies look for backing
Australian shale-gas to LNG on the cards(2)
Shale exploration under way in South Australia's Cooper basin. LNG exports planned
Crude strong as Opec set to roll over quotas
Oil prices are strong, amid bullish signals of "100/b" oil from Opec, a draw in US crude stocks and a weaker dollar
Unconventional gas to transform Argentina’s supply picture
4.5 trillion cf of tight gas found in Argentina; Shale reserves could supply Argentina for 50 years
Husky, CNQ: divergent paths to oil-sands growth
Cost control vital to oil-sands development; investors yet to be convinced
TransCanada and Enbridge in Bakken battle
Shale oil to overtake oil sands as investment target; 83% surge in US Bakken reserves
US shale-gas model “won’t work for Europe” – Shell
405 trillion cm of recoverable unconventional gas globally; Lane Energy to build pilot shale gas project in 2011
Commercial gas hydrates production a step closer
Gas hydrates can be produced; Japan aims for commercial output by 2018
Green light for Petrobank oil-sands technique
Fireflooding approved for Dawson oil-sands
Meg ups Christina Lake oil-sands spending
Meg Energy, which raised C$0.7bn ($7bn) in an initial public offering in July, will spend C$450m in 2011, of an approved C$1.4bn budget, for the second phase of its Christina Lake oil-sands project
Australian shale-gas to LNG on the cards
LNG exports planned from southern shale resources; shale-gas exploration under way in Cooper basin
PKN Orlen targets shale gas in Ukraine
Government claims world’s largest unconventional reserves; lack of transparency a worry
Arkansas: tell us your fracking recipe
Arkansas is to demand that drillers disclose what they are pumping into the ground during hydraulic fracturing of shale-gas structures
El Paso secures midstream finance
Private-equity house Kohlberg Kravis Roberts (KKR) is investing around $0.625bn in a partnership with Houston-based El Paso to develop gas-processing plants and pipelines
Sinopec studies new shale-gas block in China
Sinopec has begun studying a new shale-gas block in southwest China to assess the unconventional resource potential in the region
2011: The year of the dragon
OIL PRICES above $100 a barrel are unsustainable. But a market once again gripped with speculative fever will test this psychological barrier in 2011. A battle between bulls and bears will be one of the themes of the year
The way out of the global gas glut
Efforts to resist the world's gas-supply overhang are futile. Exporters should embrace the glut and reap the long-term rewards of cheap gas, writes Derek Brower
BP, in Iran-sanctions spotlight, shuts UK Rhum field
Rhum will remain shut in, BP says, "pending clarification from the UK Government on certain aspects of the new EU regulations concerning restrictive measures against Iran"
Shell shrinks assets in order to grow upstream
SHELL is going through a round of asset disposals as part of an overall plan to tighten its portfolio and increase available capital for upstream developments
Russian companies are eyeing up Polish refining assets
RUSSIAN companies are eyeing up the latest refining assets on the block in Poland. They may have an easy run at the properties, too
India's deep water blocks only for the bold
India is offering eight deep-water blocks under its latest licensing round in a bid to lure investors into the country's emerging plays
High hopes for Mozambique LNG with third discovery
The country hopes to become the first east African country to produce LNG
High pump prices drive electric-vehicle advances
THE DEATH knell of the internal-combustion engine may not be sounding just yet, but oil producers must plan pricing strategies carefully if they are to avoid derailing growth in petroleum-powered transport
Statoil plans first use of subsea compression
The company plans to install the world's first subsea gas-compression facility by 2014
Ukraine pushes optimistic Black Sea LNG plans
PLANS for a liquefied natural gas import terminal (LNG) on Ukraine's Black Sea coast are advancing
Investigators criticise culture of complacency on Deepwater Horizon
The bipartisan commission was appointed by President Barack Obama to investigate disaster in the Gulf of Mexico
Shale-gas producers target natural gas liquids
RESIGNED to a drawn-out period of low natural gas prices, North America's big producers are finding solace in natural gas liquids (NGLs), especially where their shale-gas deposits are liquids rich
Crude strong as Opec predicts $100 oil
Oil prices were strong in the first two weeks of December, as bullish talk from Opec ministers ahead of their meeting in Quito combined with a sharp draw on US crude stocks and more weakness in the dollar to support crude markets
Non-Opec supply swells global oil production
The world's oil supply rose by 380,000 b/d in November, says the International Energy Agency (IEA), reaching 85.81m b/d
Ezra Levant's new book champions the oil-sands
Polemical by nature, a controversial Canadian author is on a quest to save the battered image of the oil sands
Iraq moves towards political stability after deadlock
After months of deadlock, the world's most ambitious oil producer is edging nervously towards political stability, writes James Gavin
Ambitious Iraq faces challenges amid rush to increase production
Iraq's government must face reality: a fast-pace rush to quadruple oil production capacity is not suited to the country's capabilities or needs
Kurdistan plays hardball with Iraqi government over oil
The semi-autonomous Kurdistan Regional Government is pressing home the advantage opened up by the Iraqi power-sharing agreement, reports James Gavin
Oil export routes – Iraq looks for a way out
To meet ambitious oil and gas production-expansion plans, mainly landlocked Iraq must rapidly develop and expand export pipelines if increased output is to reach markets, writes James Gavin
Wikileaks stokes tension in the Mideast Gulf
Hawks in the Mideast Gulf and the US think war with Iran is both necessary and inevitable. But what would this do to the oil price – and the world's economy – asks Miles Lang
Middle East Gulf's nuclear shift begins
The UAE is leading the way as the GCC states look to nuclear power to meet surging electricity demand and preserve valuable oil and gas for export, writes Ian Lewis
Renewables: Mideast Gulf states' actions yet to match words
Mideast Gulf states have been bold in their rhetoric on plans to tackle global warming by developing renewable energy
Abu Dhabi takes on the CCS challenge
Plans for combined CO2 capture and enhanced oil recovery could help relieve the UAE's gas-supply shortfall. But making CCS profitable could take a while
Marathon Oil: A long-term value story
A problematic well in US deep waters dented Marathon's share price, but upstream-growth predictions bode well for the long term, reports NJ Watson
Market growth for the big oil-storage players
Demand for independent oil storage capacity at the world's main supply hubs is rising as new refiners seek markets and long-haul trade expands, Martin Quinlan writes
Singapore independent oil storage grows and grows
The Singapore oil-supply hub handled more volume than ever last year, gaining rather than losing from expansions in refining capacity around Asia, Martin Quinlan writes
ARA oil-storage growth on refining and trade trends
Long-haul oil trade is driving up storage volumes at the big ARA ports faster than consumption, Martin Quinlan writes
US trade drives oil-storage expansions
The US independent oil-storage business is seeing capacity expansions and corporate acquisitions, as leading operators position to meet trade-driven growth, Martin Quinlan writes
Crude differences: The changing global energy order
A new Petroleum Economist graphic shows which countries have done nicely in the high-oil-price era – and which haven't. It's a snapshot of the changing global order, explains Derek Brower
The age of cheap oil is over, says the IEA
Oil prices could reach $135/b by 2035 says the IEA, as conventional output declines, while China drives rising demand, reports Helen Robertson
Caspian export potential: Strong prospects and challenges
Caspian oil and gas output will both almost double over the next 15-20 years, says the IEA. But growth will depend on overcoming upstream and midstream challenges
Ecuador's diminishing attraction to upstream oil investors
The latest wave of resource nationalism will hit Ecuador's oil-production outlook and deter badly needed investors
Shale-gas drilling boom props up oilfield services sector
North America's shale-gas plays supported the oilfield services industry during the economic downturn, but the boom times won't last forever
China's huge unconventional-gas potential
Chinese unconventional-gas reserves could transform the country's energy mix. But the sector needs investment and regulatory clarity
China lands in the US onshore with Chesapeake deal
CNOOC has completed a deal with Chesapeake Energy, giving China's state-owned companies their first foothold in the burgeoning US shale-gas sector
Shale gas: A risk worth taking for abundant resources
Most of the world's shale gas lies outside of North America. But companies must manage the risks if they are to capitalise on the abundance elsewhere
Shell puts its faith, and money, behind innovation
In an exclusive interview, Shell's head of IR&D says the company is well equipped to meet the "energy challenge" of rising demand and increased efficiency
Second Sierra Leone discovery lifts new oil province
Anadarko has made a second oil discovery off Sierra Leone, validating its interpretation of the area's geology and raising prospects for a new province spanning four countries
China seeks investors for its deep-water drive
China's offshore is bracing itself for a wave of activity, as China National Offshore Oil Corporation (CNOOC) and its foreign partners prepare to drill a series of deep-water wells
Oil-sands' regulators under fire
Alberta environmental assessment "deficient", weaker than elsewhere; but many ecological worries about pollution unfounded, RSC says
Canadian shale-to-LNG project advances (2)
First Canadian LNG exports from 2015; Kitimat LNG secures environmental approval
Apache: marching to a different drum(2)
An unconventional independent tackles unconventional gas resources
Occidental sells Argentine acreage to invest in US(2)
Tight-gas and shale-oil to boost Oxy's domestic production
Eni enters Poland's shale-gas race
Six-well drilling programme in 2011; Baltic basin 'highly prospective'
Crude holds firm despite stronger dollar; natural gas prices fall
Oil prices remain strong, after the US EIA reported the biggest draw in oil inventories for eight years.
Oil-sands’ regulators under fire
Alberta environmental assessment “deficient”, weaker than elsewhere; but many ecological worries about pollution unfounded, RSC says
What to make of the RSC report
Report largely supports environmental groups but proves tougher with regulators than oil-sands developers
Canadian shale-to-LNG project advances
First Canadian LNG exports from 2015; Kitimat LNG secures environmental approval
Apache: marching to a different drum
An unconventional independent tackles unconventional gas resources
Eni enters Poland’s shale-gas race
Six-well shale-gas drilling programme in 2011; Baltic basin ‘highly prospective’ says Eni
Colombia seeking unconventional investors
First Colombian shale-gas permits due in “two years”; large coal reserves hint at CBM-export potential
CNOOC buys into Australian CBM
China extends its unconventional reach; deal with Exoma could secure long-term LNG supply
Occidental sells Argentine acreage to invest in US
Tight-gas and shale-oil to boost Oxy’s domestic production
KNOC buys into BC’s Horn River
KNOC is to buy Canadian assets from Hunt Oil for $0.525bn
Malaysia enters Jordan’s oil shale
YTL buys stake in Eesti Energia's Jordan oil-shale
New York governor OKs fracking – but not horizontal wells
New York governor David Paterson has vetoed a proposed ban on fracking, enacting instead a rule that will allow the practice, but ban horizontal drilling
What to make of the RSC report into the oil sands
Alberta environmental assessment "deficient", weaker than elsewhere; but many ecological worries about pollution unfounded, RSC says