May 2013

The latest news on bids, offers and awards from Deloitte's Petroleum Services Group

The country’s gas boom has lured foreign investors into the sector, but risks remain, writes David Evans, a partner at law firm Clifford Chance

Production from Peru LNG and Atlantic LNG are likely to stay flat according to forecasts

Brazil and Argentina are leading a surge in South American LNG imports

As global competition is set to ramp up the region considers its options

New discoveries offshore could put East African LNG on the map. Can Mozambique eke out a cost advantage?

The region will become a global player on the LNG market

A new assessment found much larger oil deposits than previously thought at Bakken and Three Forks formations in North Dakota, South Dakota and Montana

A new resource assessment by the US Geological Survey (USGS) has doubled previous reserve estimates of the Bakken and Three Forks formations in North Dakota, South Dakota and Montana

Despite having the world’s largest gas reserves the country is held back in its ambitions

The continent no longer offers a ready market for gas shippers

A company founded to import LNG is ready to begin exporting cheap US gas

Abundant unconventional gas resources will drive a boom in the continent's exports

The French major is aggressively expanding its LNG portfolio. Philippe Sauquet, chief executive of the company's gas and power division, talks to Petroleum Economist

Production is rising again, promising oil and gas discoveries are being made and new licences have been awarded - but many are uneasy about the way the government spends its revenue

Against a backdrop of street protests and political wrangling, Indonesia's government is struggling to end fuel subsidies, saying a price increase is needed to arrest its expanding fiscal deficit

Bolivia's case against Chile at the UN's International Court of Justice to reclaim sovereign access to the sea has important implications for the Latin American gas trade and Bolivia’s energy sector

Timor Leste is accusing Australia of espionage, delaying the development of the gas field

The country's vast reserves could revive ailing production and sidestep the public's opposition to fracking

The country is developing LNG as a transport fuel, particularly for trucking and shipping

Production hit an all-time high in Alberta, which is generates the most oil production in Canada

Canada's Talisman Energy plans to sell its remaining shale-gas acreage in Poland to the UK's San Leon Energy

The city state thinks its new trading hub will change the way gas is traded in Asia

To meet ambitious export goals, the country must tackle cost inflation. Floating LNG may help

The region’s production and consumption are going in opposite directions

Supplies from the US and East Africa will have less of an impact on Asian import costs than thought

Post-Fukushima Japan, China and a number of other fast-growing Asian countries will need much more frozen gas in the coming decades

Half a century in the making, the LNG business is at last about to go global

The world's largest new gas province is offering prospects in Mozambique LNG

Analysts argue that while US unconventional crude output is surging, the industry needs to take a closer look at the sector's sustainability

The Indian state-run player is looking overseas to diversify its production base, while acting to tackle problems at home. NJ Watson weighs up whether the company is doing enough

The rise of US tight oil is revolutionising global markets in a way that will produce new winners and losers over the next five years

Promoting economic development and meeting climate-change commitments is a tricky balancing act, particularly for the Middle East and North Africa's hydrocarbon-fuelled states. Justin Dargin looks at the challenges - and the possible solutions

The UK government has urged prospective shale-gas developers to come forward and apply for drilling licences

Despite its potential, major companies have largely shied away from India’s upstream sector. But they could be tempted if the government implements pricing reform

Despite the country having significant deposits of unconventional gas, there are no plans to tap into it

A successful licensing round has given Brazil’s oil industry a much-needed boost of confidence and sets the stage for a new oil rush

By 2015, BG hopes to prioritise value over volume by developing upstream assets

The US government’s approval of a second liquefied natural gas (LNG) export terminal in Texas is a sign that the world’s largest natural gas producer is on its way to becoming a global LNG exporter

Lobbyists have stepped up the campaign on both sides as a new report says the production of shale gas could help boost the UK's energy industry and economy

The country’s civil war has exacted a heavy toll on its energy sector as government and opposition forces fight for control over the country’s most lucrative resource, as Conal Urquhart discovers

A new generation of independent gas producers has emerged in Russia's upstream. And rather than challenging the major players, these firms could, Philip Vorobyov argues, help revitalise the country's E&P landscape

Crude futures were under pressure in May from seasonally weaker demand and a surplus of light, sweet grades in Europe

Figures from the IEA report suggest Opec is likely to see spare production capacity build up over the next few years

With oil prices hovering around $103 a barrel, the market has found its sweet spot

Is Libya’s oil sector immune to the country’s political turmoil, asks Derek Brower

IEA chief economist claims rising coal use presents 'very real threat' to fuel's golden age

Tomorrow's meeting looks set to be quiet, but that doesn't mean all is well for the cartel

Shipping heavy crude off British Columbia is risky, unpopular and improbable, says Emma Gilchrist of environmental group Dogwood Initiative

Big industrial projects are ugly. Under pressure, Canada is taking steps to improve the image of its oil sands

The oil sands are critical to world supply and new technology can make them greener. The EU must not discriminate against them

Europe doesn’t import any oil from Alberta, but the proposed fuel quality directive has ignited a row between Brussels and Edmonton

As the debate over the proposed Keystone XL pipeline has raged, one voice has been notable for its absence: Venezuela's

Oil sands projects are groundbreaking in the attempts to reach ‘inaccessable’ crude

Foreign investors, led by China and India, will underpin more development in Alberta

The US is likely to approve Keystone XL. But Canada has realised that other export routes are necessary, too

Canada’s oil sands need new pipelines to new markets

Shaun Polczer drives into Canada's oily heartland. Men, money and machines travel north. Oil flows south