Petroleum Economist
Shell banks on Chinese gas
Anglo-Dutch major spuds China’s first shale-gas wells; China “the next big opportunity” for unconventional gas
GTL: a glut-inspired idea for North America’s shale-gas abundance
Weak gas prices and strong oil market could underpin GTL development; world-leader Sasol bullish about prospects
Oil sands get their boom back
Suncor-Total deal heralds renewed emphasis on scale; cost worries beginning to surface again
US shale gas: new year, same old story
Shale-gas drilling incentives drying up; US output to fall by mid-year
Alberta’s carbon-capture plans gather steam
Two companies are “very close” to winning some of the government’s C$2bn ($2bn) fund
Report claims vast Indian reserves
Schlumberger points to reserves 300 times greater than Krishna Godavari
ExxonMobil beefs up Fayetteville shale position
The supermajor is expected to pay $0.65bn
CNOOC to buy 50% of CUCBM
Increase in focus on developing China’s unconventional gas resources
Exco secures Marcellus acreage
Deal valued at $459.4m
CCS: alarm bells ring at Weyburn
Focus on leak from world’s largest carbon-capture plant; allegations could undermine Alberta plans for CCS
Gasland: the review
Helen Robertson watches Gasland and meets director Josh Fox. But is his film fair?
The spreading revolution
Gas prices are weak and a global glut could last for decades. But the rush to drill unconventional gas deposits around the world shows few signs yet of slowing down
Investment boost for flood-hit Australian CBM
Gladstone LNG deal prompts new spending spree; Santos sales deal with Kogas gives sector “credibility”
Saskatchewan’s ‘aggressive’ oil-sands plans
Saskatchewan province takes delegation to China; hopes rest on Oilsands Quest
Total targets Argentine shale gas
New Neuquén acreage advances Total’s unconventional abitions
Greens target UK shale drilling
Cuadrilla Resources target of demanded ban
Canada on an oil-sands offensive
New environment minister praises “ethical oil sands”; development spending set to soar
Utica Shale: a rising star in Appalachia
Utica Shale’s reserves could exceed Marcellus’s; Vertical, unstimulated well has worked in play
Shale gas abundance hits Mackenzie pipeline
Political backing may be too late to save Mackenzie pipeline project; gas developments on Alaska’s North Slope are also under threat
Leaks found in ‘more than half’ of Quebec’s shale-gas wells
19 out of 31 wells inspected show emissions says December report
Spending battle in the Cardium
Low recovery costs, large deposits draw investment
India shale gas auction by end of 2011
US assisting India with regulatory framework; ONGC spuds first shale-gas well
Canada backs natural gas for cars
Report boosts Sasol-Talisman GTL prospects; upfront capital costs among the barriers
Israel a new target for shale gas
Adira Energy assessing “significant” onshore shale-gas potential
Morocco has ‘50bn barrels of oil shale’, says state
Estonia's Enfit assessing oil-shale resources
What the spill commission didn't say about Deepwater Horizon
Obama's White House has failed to deliver the energy-policy reform the US needs
BP's alliance with Rosneft a master stroke
Despite a year of difficulties, BP's latest Russian venture shows the UK supermajor is still playing at the top table
Oil's bulls running into inflation worries
A bull run that looked set to push oil above $100/b has met resistance
World oil output down on non-Opec dip
GLOBAL oil production slipped by 270,000 b/d, to 85.76m b/d in December, as non-Opec supply fell because of brief weather-related and technical outages
Coon's law firm will take on BP over Deepwater Horizon
Brent Coon is on the warpath over the Deepwater Horizon disaster. The Texan lawyer is resuming hostilities with an old foe, BP
Oil market is talking itself into demand destruction
The oil market is talking itself into another bout of demand destruction
Indonesia unlikely to arrest falling output levels
A huge increase in exploration activity and a stable operating environment are essential if Indonesia is to stand a chance of arresting falling production levels, writes Damon Evans
Indonesia cabotage law a threat to investment
Legislation to ensure vessels operating in Indonesian waters are domestically owned or flagged, has led to a dip in investment interest
Pemex seeks to encourage new investment in Mexican oil
Pemex has been granted permission to hire foreign help to boost oil output. But are the new terms attractive enough
Ghana's Jubilee lights the way for exploration hot-spots
Strong oil prices in the past decade have opened new oil and gas territories around the world, all offering unique opportunities and hurdles
Qatar pins its LNG hopes on the East
While the gas glut spread across the world last year, Qatar was adding over 23m t/y of new LNG-export capacity. Now it must find new buyers for its gas
Nabucco pipeline project has one last chance after supply deal
Azerbaijan has committed large gas volumes to Europe, providing the EU-backed Nabucco pipeline project with, perhaps, one last chance
Cancun climate talks: A first step to replacing Kyoto
The Kyoto protocol expires in 2012. But there is much uncertainty about what will replace it
Cancun's climate change talks boost carbon capture and storage
CCS could be included in the UN CDM, in a move that would provide much needed financing for this nascent, some say vital, technology in the fight against climate change, writes Ian Lewis
China's upstream M&A activity on a roll
Chinese NOCs will continue their hunt for upstream assets this year. Miles Lang reviews where they've been so far
Chevron pleads for investor patience as results improve
Supermajor Chevron hopes investors will stick with the firm as it invests in significant oil and gas output growth from 2014
Storm clouds persist for oil-tanker owners
A collapse in day rates for the world's fleet of crude carriers will be exacerbated this year as a large number of new vessels hits the market
Shipping industry under emissions pressure
Ship owners have taken steps towards reducing carbon emissions and pollution, but pressure is intensifying for the industry to make greater strides in the fight against climate change
Oil-tanker vetting gets tighter amid environmental safety concerns
The Deepwater Horizon disaster has clear ramifications for the offshore drilling industry, but there is fall out for the shipping industry, too
UN seeks action as piracy costs spiral for shipping companies
With pirate attacks, and their associated costs for shipping companies, escalating, the UN wants to bring a more joined-up approach to what has been, so far, an ineffective international response
New oil minister touts fresh Iraqi licensing round
Abdul Kareem al-Luaibi, Iraq's new oil minister, has settled in quickly to the hot seat, announcing within a couple of weeks of his appointment plans to launch a new oil and gas licensing round for this year – the country's fourth hydrocarbons auction since the fall of Saddam Hussein's regime
Sudan referendum expected to end in partition
Announcement of the referendum result is expected in early February, and is almost certain to result in secession
Canada must act alone on climate
Carbon price should be C$30/t higher than in US; emissions target to be missed if Canada copies US rules; action on climate would cost 0.1% of GDP growth
Boosts for oil-sands export pipelines
Bakken output to flow through Keystone XL; Sinopec backs Northern Gateway west-coast link
States taking the lead in limiting fracing
While the US EPA deliberates, local authorities crack down on shale-gas drillers
US shale deals 21% of global M&A in 2010
$183bn spent on M&A during year; $39bn on shale-gas assets
Shale gas: a threat to renewables
IEA: weak gas price makes renewables uncompetitive; Tyndall Centre: shale gas will increase global emissions
Eni and PetroChina join forces
Shale-gas deal may see asset sale
Quebec’s Utica shale-gas prospects dim
High costs hit shale drilling plans; gas leaks draw government threat
UK calls for halt to shale drilling
Labour party demands safety tests be conducted
Nighthawk’s shale-oil boost
Schlumberger commissioned to investigate Jolly Ranch, Colorado
GTL: A glut-inspired idea for North America's shale-gas abundance
UNCONVENTIONAL gas from Canada's Montney shale play could be converted into synthetic oil products to exploit the dramatic structural divergence of North American oil and gas prices
Viability of Canada's Mackenzie Gas Project in doubt
What should have been a milestone could end up as a headstone, marking the fundamental restructuring of North America's natural gas industry, wrought by the shale-gas revolution
Central UK North Sea promise for EnCore
The UK's central North Sea area is still producing surprises
Kurds upbeat over new Iraq oil-export deal
KURDISTAN may be on the verge of a breakthrough in persuading Iraq's central government to agree to the resumption of oil exports
PetroChina takes European refining foothold
PETROCHINA is set to achieve its ambition of gaining a presence in European refining
Saudi Arabia's downstream development accelerates
Saudi Aramco will make final investment decisions (FID) on $45bn-50bn of refining and petrochemicals projects this year, as the kingdom pushes downstream development in an effort to squeeze more value from its crude
India targets renewable energy development
India could be the next hotspot for solar power developments, as it strives to boost green energy capacity to help overcome severe power constraints and cut pollution
Opec uncertainty threatens Angola’s expansion plans
Angola’s breathtaking development as an oil producer is slowing, perhaps stalling, because capacity is so far in excess of the country’s Opec production quota
Angola’s exploration-licence interests
A block-by-block breakdown of licence holders in Angola
Angola: Deep-water discoveries total 93
Over the 15 years since Total hit oil at Girassol, 93 substantial discoveries have been made