Petroleum Economist
Sweet and sour prospects for global refiners
With shale crude production escalating and the world's refineries becoming increasingly complex, processing sour crudes is no longer a reliable route to sweet margins
Shale debate needs more light and less heat, says WEC chair
Hwan-eik Cho, chairman of the World Energy Congress 2013, argues that the debate about shale gas is in danger of being derailed by the often emotional rhetoric surrounding the unconventional fuel
Hopes for help for UK refiners after report calls for action
The report recommends the government looks at regulations and taxes faced by refiners
Congo to see production rise from Eni discovery
Eni says the Nene' Marine field holds around 600 million barrels of oil and 20 billion cubic metres (cm) of gas
US sees shift due to changing supply and demand
As the US witnesses a shift in the use of alternative fuels, Dr Abhishek Deshpande, oil markets analyst at Natixis, explores the trends that may affect demand for and supply of diesel products over the coming decade
Selling is new driver of US M&A, says PwC report
The US unconventional oil and gas sector are now driving merger and acquisition activity in the US
Canada sidesteps KXL with Energy East
Faced with growing oil-sands production and delays to export pipelines to the US, Canada is moving ahead with a 1.1 million barrel a day (b/d) link from Alberta to the Atlantic coast
Lower oil prices and weaker refining margins bludgeon majors' profits
The majors all saw their results take a hit as lower crude prices and weak refinery margins ate into second-quarter profits
Gulfsands in quicksand since civil war in Syria
The civil war in Syria has forced Gulfsands Petroleum into some big decisions. The jury is still out on whether these will bear fruit
Politics bedevils East Mediterranean gas ambitions
Gas discoveries have added fuel to the fire of regional tensions in the Levant
Majors step up asset sales in Nigeria after disruptions
Operations have been disrupted for years due to deliberate damage to facilities and theft of crude
Woodside primed for deep-water drive in Outer Canning basin
Woodside is set for a high-stakes deep-water drilling campaign in the lightly explored Outer Canning basin offshore Western Australia
Anti-fracking protest outside Cuadrilla Resources PR firm
A small group of anti-fracking protesters glued themselves to the front door of the London building which houses the offices of Cuadrilla Resources’ PR firm Bell Pottinger
George Mitchell leaves larger-than-life legacy
The godfather of fracking passes away aged 94
Time to reset energy policy priorities in the UK
The UK's energy strategy needs a rethink as production falls
Mexico cracks open the door with energy reforms
President Enrique Peña Nieto is hoping to transform the country’s energy sector
Ecuador abandons deal to keep Amazon oil in the ground
Ecuador’s president Rafael Correa said this week that his government is pulling out of a deal to keep oilfields in an environmentally sensitive swathe of the Amazon untouched
Libyan oil protection force an illicit oil trade
Tripoli threatens military action against any tanker lifting illegal cargoes
Egypt turmoil pushes Brent to four-month high
Brent oil prices reached four-month highs in mid-August as civil unrest in Egypt fuelled supply disruption concerns
Soaring North American oil output boosts global supply
Total global oil production for the month was 91.8 million b/d in July, an increase of 785,000 b/d year-on-year
China set to become world’s largest oil importer
US crude imports have plummeted in recent years as producers have pumped more oil out of the Bakken and Eagle Ford shales and drivers have chosen more fuel-efficient vehicles
National oil companies on top of the world
Their domination of global reserves has put NOCs in control of the oil industry. But they must do more to keep their advantage
Rosneft grows as supermajor status beckons
Its growth plan is aggressive, can Russia's state oil firm step out of the shadows to become a truly global player?
Russia's gas champion Gazprom under pressure
Shifting global fundamentals have weakened Russia's gas champion. A shake-up may be on the cards
The rise and rise of Chinese oil companies
Chinese NOCs are getting more sophisticated both at home and overseas
The future for Japan and South Korea’s NOCs
Both countries, who are big importers in oil and LNG, push ahead
Petronas: The model of a modern national oil company
The Malaysia state firm is putting a legacy of underperformance behind it
Pertamina tries to battle falling oil and gas production
Indonesia’s state firm is battling to reverse the country’s falling oil and gas production
PTTEP pushes ahead despite setbacks
With an aggressive foreign strategy, Thailand’s state oil firm wants to put a string of setbacks behind it
New era for Pemex as government wants foreign investment
The government wants foreigners back in the upstream. What will the reform mean for Pemex?
Petrobras hopes for strong output growth
Having over-promised and under-delivered in recent years, Brazil's state firm thinks its pre-salt is at last primed for strong output growth
Changes for Ecuador's oil companies as China brings help
Ecuador's state oil companies have restructured, there's new acreage, and China is bringing much needed funding
PdV: still struggling amid political changes
Venezuela's state firm controls one of the world's biggest oil resources. Hamstrung by politics, it has failed to capitalise on it
Argentina's YPF struggling to find investors
With most of its oil and gas producing fields maturing, Argentina's oil company needs to find investors for the Vaca Muerta to change fortunes
Threats to Saudi Aramco are overstated
The threats to the world’s biggest and most important oil company are overstated
NOC is struggling amid another crisis in Libya
Libya is in chaos. Can its state oil firm survive intact?
Qatar sees changing energy policy and leadership
A new emir and shifting global gas fundamentals mean things are likely to be different at the mighty QP
Troubled times for Algeria's Sonatrach oil firm
Poor fiscal terms, scandals and political insecurity are undermining Algeria's upstream and the hopes of its state oil firm
No hope for expansion for National Iranian Oil Company
Only a thaw in relations in the west can help Iran’s state firm
Adnoc hunting large discoveries to build output
As Abu Dhabi renews decades-old contracts with IOCs, the state firm plans to build up its output capacity
Angola's state firm Sonangol: Africa’s rising star
With new gas exports and plans to increase oil output, Angola’s state firm is trying to overcome recent setbacks and vested interests
Ghana's GNPC benefits from rapid production rise
From modest beginnings, Ghana’s state firm is now in a position to capitalise on the country’s thriving upstream
NNPC pushes forward despite awaiting restructuring
Nigeria is revamping its state firm and hopes a new petroleum law will rejuvenate its upstream. Investors aren’t so sure
Statoil balances state demands with shareholders interests
Statoil is a model for other NOCs, neatly balancing the needs of its state controller with the urges of its private shareholders
Hopes are high for Cyprus' NOC despite financial crisis
CNHC, the world’s youngest NOC, wants to turn Cyprus into a world-class natural gas hub
Turkey's state firms TPAO and Botas seek opportunities abroad
With an energy-hungry domestic market to feed, TPAO and Botas see opportunities abroad, especially in Iraq
Have you got a fracking clue?
A small group of anti-fracking protesters glued themselves to the front door of the London building which houses the offices of Cuadrilla Resources' PR firm Bell Pottinge.
China's oil companies see profits and output rise on price reforms
China's economy might have wobbled during the first half of the year, but the country's big three national oil companies have thrived, seeing their profits and output rise on the back of domestic fuel price reforms, as well as a series of acquisitions abroad
Premier Oil moves close to oil off the Falkland Islands
Despite stiff opposition from the Argentine government, Premier oil is moving closer to first oil off the Falkland Islands
UK protests are about fears over the future
Concerns over the future of renewable energy and unconventionals fuel protests
Fracked off
UK protests are more about fears over the future of renewable energy than unconventionals
Sinopec strikes $3.1bn Egypt deal with Apache
The deal comes amid political upheaval in the country