Petroleum Economist
Canadian energy exports tumble due to production outages
Canadian energy exports - mainly to the US - suffered a sharp drop in the second quarter due to production outages from wildfires and floods, the country’s statistical agency reported Wednesday
Heavyweights take stakes in Namibia play
As BP and Petrobras dive in, Windhoek hopes rise that the pair will help boost the country's flagging E&P sector
Kosmos' Akasa find lifts Jubilee area offshore Ghana
A substantial discovery made by US firm Kosmos seems set to lead to a new oil development immediately east of the Jubilee field
Libyan oil's fraught return to market after Qadhafi era
Oil production has resumed, but as Libya steps out of Qadhafi’s shadow, what comes next?
Double whammy threatens oil-sands players
Canadian players must face the challenge of rising inflation and tighter environmental regulation, says new report
Carcinogens found at Arrow CBM sites
Chemicals found at projects outside Dalby, Queensland
Dart targets Singapore listing
Company will retain its Australian assets and focus
Shell sets sights on Ukraine's gas riches
$800 million gas exploration deal with state-run firm
Crude rises on stock draw and Katia fears
Fears of new hurricane curtailing oil output in the Gulf of Mexico
Cambodia in bid to resolve Thai border row
There is renewed hope that Cambodia and the newly elected Thai government will resume talks to resolve claims to a 27,000 square kilometre resource-rich stretch of seabed in the Gulf of Thailand
South Sudan eyes Kenya export pipeline link
The pipeline link would provide an alternative to the transit fee currently paid by South Sudan
Time to lift the transparency lid on Qadhafi’s oil contracts
As Libya enters a new era, the National Transitional Council must embrace transparency
EXCLUSIVE: Libya to flow at 1 million b/d within five months
NOC chief Berouin sets output targets for Libyan production
China gears up for second shale-gas round
Country hopes to speed up exploration and development
Sino Gas targets Ordos basin riches
Australian-listed firm in agreement with China United Coalbed Methane
Australia CBM players bid to win over critics
APPEA backs campaign to counter growing public alarm over sector
Marcellus players eye downstream ties
Dallas' Range Resources to supply Calgary-based Nova Chemicals
Open Range does the split
Separating into unconventional upstream player and services and supply company
BNK counts on Polish promise
Firm holds 1.1 million net acres in Poland, in Slupsk, Slawno and Starogard
Shale gas: from hero to villain
The shale-gas industry must fight back against media misinformation if the public are to accept the potentially huge benefits of fracking
Water key to shale gas’s Polish success
How the industry implements new environmental laws, particularly regarding water, will determine the viability of commercial operations in Poland
Iraq eyes EU gas exports through Turkey
Iraq wants to export gas found in the blocks on offer in its fourth licensing round to Europe by pipeline through Turkey and as liquefied natural gas (LNG)
Iraq on track to pump 3 million barrels a day
Iraqi oil production could reach 3 million barrels a day (b/d) by the end of the year, but export-capacity constraints may shut in output, according to deputy oil minister Ahmed al-Shamma
Indian fertiliser feeds huge gas-import growth
Government demands for a switch to natural gas in urea production will further boost Indian demand, but domestic output cannot keep up with soaring consumption
Hess sees value in Utica Shale
Firm expects to operate about 80,000 acres in Ohio
Oil sands buffeted by economic headwinds
Cost inflation and falling North American oil prices are threatening oil-sands developments
Ambitious Iraqi refining plan needs huge investment
Securing finance for the plans to double refining capacity could prove difficult
Shell's LNG game-changer plan for Canada
Natural gas for the transport sector is not a new idea, but Shell sees a bright future for LNG in Canada
Unconventional in Bohemia
Shale gas in the Czech Republic may be on its way
EU starts trans-Caspian gas pipeline talks
The EU has started talks with Azerbaijan and Turkmenistan to build a Caspian subsea gas pipeline as it seeks to boost central Asian exports to Europe
Repsol at war with itself amid shareholder disputes
Shareholder wrangling and a dip in profits and production mark a difficult year for Spain’s Repsol
Fiscal and policy blocks to worldwide deep-water gas
Worldwide, gas developments in deep water face considerable fiscal and policy hurdles
Rush to build new LNG tankers could backfire
The rush to build new liquefied natural gas (LNG) tankers to cash in on high charter rates could backfire, with the market rebalancing by the time the vessels are delivered
Louisiana touts new shale-gas plays
Brown Dense or Lower Smackover Shale runs across north of the state
Capp outlines new fracking guidelines
Voluntary disclosure of fracking fluid recipes among recommendations
CBM and farmers in perfect harmony
Water from development will be used to boost farm output
BG plays down CBM leak fears
Wellhead at the Berwyndale South gasfield lets out gas
CBM face-off in New South Wales
Australia's CBM industry and NSW farmers are locking horns in court
Canada lends shale-gas support to Poland
Poland is benefitting from Canada’s experience and expertise in shale-gas development. But what does Canada want in return?
Memo to the White House: Approve Keystone XL
The US must secure its energy supply, support its economy and sign up to more Canadian oil, starting with a new pipeline
Russia piles gas pressure on Ukraine
Both the EU and Russia have the same objective, to ensure gas supply to Europe. But both are approaching their goals in very different ways
EnCana, PKN Orlen talk shale swaps
Access to US gas in return for access to southeast Poland concessions
Oil sands’ elder statesman hits out at Keystone XL
Former Alberta premier Peter Lougheed says pipeline goes against national economic interests
Brent rebounds on Greek-debt optimism
Rise of $3 a barrel after opening at around $112/b
GDF Suez in Gazprom contract talks
GDF Suez is renegotiating long-term, oil-linked contracts with Gazprom and could take the Russian monopoly to arbitration, chief executive officer Gerard Mestrallet said on Thursday
GDF Suez plans LNG cargo boost to Asia
GDF Suez expects to divert 10 times as many liquefied natural gas (LNG) cargoes to Asia next year than usual
Libya nears appointment of new oil minister
Internal rivalries are still hitting the National Transitional Council’s (NTC) efforts to form a new Libyan government and uncertainty hangs over the future of Mahmoud Jibril, the fledgling government’s second-in-command
Canada’s royalty system under the spotlight
A new report criticises the Canadian oil and gas royalty system. Changes could bring greater fiscal certainty for industry and higher returns for governments
Energy-independence dream almost in US grasp
After half a century of increasing reliance on imports, the US’ elusive goal of energy independence is almost within reach thanks to its unconventional oil and gas resources
Georgia to launch oil-shale auction
Energy ministry will offer six 25-year exploration licences in mid-November
Siekierki results disappoint Aurelian
Aurelian Oil & Gas’s Siekierki tight-gas pilot project in northern Poland has delivered disappointing results
Poland eyes commercial shale-gas output by 2014
PGNiG manages to flare gas from a shale-gas well at Lubocino during Prime Minister Donald Tusk’s visit
Asia LNG under pressure as Japan imports fall
Japan’s liquefied natural gas (LNG) imports for September are expected to fall from the record levels seen in August, according to the latest Petroleum Economist forecast
Obama signs the US up for transparency
In a speech, President Obama noted the importance of energy companies disclosing the payments that foreign governments demand of them
US plots South Sudan sanctions relief
US government officials are drawing up guidelines that will allow the country’s oil companies to operate in South Sudan, without breaching sanctions imposed against its northern neighbour
BNK boosts Spanish footprint
Trofagas Hidrocarburos has been awarded a 234,000-acre concession in the Castile and Leon region
Anti-CBM group accused of falsifying claims
Submissions include text copied and unreferenced from a US study of the country’s shale-gas industry
Woodford Shale rig ablaze
No-one was hurt when the Patterson 179 rig, near Watonga, caught fire on Monday evening
Cuadrilla unveils huge new UK gas resources
The company has drilled two wells so far and is in the process of drilling another
Husky first to deliver from China’s deep water
The country's first deep-water production is set to come on stream by 2014
The great game of Timor Leste's Greater Sunrise
A solution to the impasse over the Greater Sunrise gas development is at hand, but requires compromise and transparency from Timor Leste and Woodside
Biofuels are the best way to cut transport emissions
Increased biofuels use is the best way to cut emissions from the transport sector says Shell
Shale players must take regulatory initiative
Industry must act now to answer questions over its environmental impact and establish a framework for shale-operations
Exploration round two for Timor Leste
Timor Leste is preparing another licensing round for next year
Operation Twist sends oil into downward spiral
London Brent crude futures slid to $107.7 a barrel compared with $115.6/b last week
Crunch time for oil and the global economy
Brent trading lower than recent figures, but it still looks pricey
Non-Opec drives global oil-output increase
World oil production rose by nearly 1 million barrels a day (b/d), to 87 million b/d, in August, with the non-Opec countries providing 80% of the increase, according to the International Energy Agency (IEA)
Johnny West's book on understanding the Arab Spring
Johnny West’s book gives a street view of why a region erupted. It’s an essential guide to North Africa’s Berlin Wall moment
UK firm lobbies Hague over Libya security deal
NTC says Heritage Oil offer "unacceptable". Company’s go-between claims inside track with new oil figure
Azerbaijan-Turkey gas-deal key to Caspian supply
A phased approach to opening the gas Southern Corridor to Europe will persuade Caspian producers to make their gas available, says Greece’s Depa, starting with the ITGI link
Libya’s Sharara field ready for exports within two weeks
The country’s oil output is resuming more quickly than forecast and the Zawiyah refinery will start processing east Libyan crude on 30 September
The war for Canada’s oil
Keystone XL is shaping up to be a high-water mark in Canada-US relations, which will mark tighter integration of North American energy markets or a hasty retreat
IEA forecasts Japan LNG worst-case
Japanese liquefied natural gas (LNG) demand could soar by nearly a third next year if the country fails to restart any nuclear reactors, says the International Energy Agency
South China Sea exploration plans stoke Chinese fire
China has slammed joint upstream exploration between India and Vietnam in a hotly disputed area of the South China Sea
Bow deal advances Arrow LNG plan
Arrow Energy is primed to expand the capacity of its proposed coal-bed methane (CBM) to liquefied natural gas (LNG) project in Queensland, after raising its take-over offer for Bow Energy.
Essar to export CBM expertise
Indian Essar is on the hunt for overseas coal-bed methane (CBM) opportunities as it seeks to capitalise on its experience garnered developing the unconventional fuel at home.
Shale gas in China: where there’s a will …
Outside North America, shale-gas developments face many obstacles, but if any country has the determination and ability to overcome them, it is China, says Anna Howell and Michele Ryan, from Herbert Smith
Australia’s oil-shale opportunity
Linc Energy has discovered a potentially significant, untapped oil-shale play in South Australia’s Arckaringa basin
San Leon drilling Baltic shale play
San Leon has spudded a shale-gas well on its Gdansk-W concession, one of three licences it holds in Poland’s Baltic basin.
ExxonMobil fracking second Poland well
ExxonMobil will start hydraulic fracturing (fracking) at its second shale-gas well in Poland next week
LNG market to break oil-linked gas price
The expanding global liquefied natural gas (LNG) market is likely to erode traditional oil-linked gas prices, if not break them completely, the Energy Charter Secretariat said on Wednesday
As Libya’s crude output rises, so do oil workers’ expectations
Talk to Libyan oilmen and their message is as optimistic as it is clear: they’re bringing their sector back on stream quickly and are ready to supply the West with its light sweet crude. They’re not wrong
Asian LNG price-index gains traction
Traders are in favour of liquefied natural gas (LNG) price assessments for Asian spot trading, according to energy broker Tullett Prebon, and moving away from prices linked to oil
Public opinion crucial to New York fracking laws
New York’s Department of Environmental Conservation (DEC) has issued its draft regulations for hydraulic fracturing (fracking) and set four public hearings to allow residents in the state to respond.
Mighty Marcellus starts to bear fruit
The economic pressure to develop Pennsylvania’s massive Marcellus Shale resources is too hard to ignore
First US shale stake for Gail India
Gail India has snapped up a 20% stake in Carrizo Oil & Gas’ Eagle Ford Shale acreage for $95 million
Oil rebounds on German EU bailout vote
Crude prices jump after Germany approves expanded powers for the EU's primary bailout fund
ExxonMobil joins Ukraine shale-gas hunt
Deal with Naftogaz covers "fundamental principles of co-operation"