Apr 2014

China's efforts to tap into its potentially huge shale gas reserves are being hampered by state-run PetroChina's reluctance to prioritise shale development in favour of what it believes are brighter prospects in its conventional and tight gas projects

Asian buyers' growing hesitation about committing to new long-term liquefied natural gas (LNG) export projects has heightened supply-side risks, while putting a squeeze on potential supplies post-2020

Greybull Stewardship private-equity fund have pulled out of talks with the refinery's owner

The studies assess the potential damage that climate change will have

A cyber-attack could cost the sector $2 billion by 2018

US tight oil production could soar to nearly 13 million barrels per day (b/d) over the next two decades, slashing its oil imports to almost zero from 2037

A UK government report says independence for Scotland - on which the Scottish will vote in September - will raise gas and electricity bills for Scottish households and industry

The government wants to expand power generation capacity rapidly, but proposed new legislation is inadequate for the task, say Luay Al-Khatteeb and Harry Istepanian

UK Coal will close Kellingley Colliery in Yorkshire Thoresby Colliery in Nottinghamshire

The Total deep-water development off Angola will cost a record figure for Angolan waters, and possibly worldwide

The company's net profit in 2013 dropped by 29% to $7.83 billion

Global crude production fell by a hefty 1.2 million barrels a day (b/d) in March, to 91.75m b/d, as Opec oil output hit five-month lows.

Factors affecting the future of global LNG supply are numerous and unpredictable, encompassing infrastructure development, financing, political risk and pricing. But, one way or another, it all comes back to what happens in the US

Qatar is looking to strike export deals with new customers and extend existing contracts, as it adjusts to the influx of new supply to the global market from rival exporters

Moves to close the gap between domestic gas prices and those of internationally traded gas could boost activity in India’s under-utilised regasification plants

Japan’s government would like to reduce the country’s dependence on LNG imports for power by bringing the country’s nuclear plants back into operation. But public opposition and policy delays mean securing LNG from all points of the globe will remain a priority for some time yet

Over the past five years, US crude oil production has increased by more than the entire output of Nigeria

The company has trumped the majors in the Papua New Guinea deal

Tensions in Libya and the Middle East along with Russia and Ukraine boosted prices at the start of the month

The energy sector must take a leading role in tackling carbon emissions – and it needs to act now

It will take longer than the government hopes to fix the country’s electricity problem

The Chinese government has set ambitious targets for the oil companies

In recent years, the country has been boosting its presence in the region although its steps remain cautious

Companies are snapping up frontier exploration acreage around the region

The project has been overhyped, and though the wider canal may cut some costs for future US LNG deliveries to Asia, the impact will be limited

Havana’s oil ambitions stymied by triple whammy of geology, costs and sanctions

The large discoveries seen in similar geology across the Atlantic in West Africa have yet to be repeated off South America’s northeast coast

High imported diesel prices make renewable energy competitive in the Caribbean

Oil dependency in the region is costly and dirty. Jeremy Martin and Alexis Arthur say the Caribbean must begin shifting fuel

The economic model behind the region’s processing plants is coming under severe strain

Venezuela’s crumbling economy could leave the Caribbean’s PetroCaribe members exposed

Venezuela has the potential to become a major natural gas player, but it is struggling to develop its huge offshore reserves

The country’s oil and gas industry is set to be transformed by outside investment

Output from the Gulf of Mexico is about to soar. Costs and the US crude oil export ban remain dark clouds on the horizon

With the loss of the US as its major market, the island nation needs a new growth strategy

The Caribbean energy landscape is shifting, posing some problems but offering many opportunities too

The new book tries to shed light on some of the industry's darker corners. Review by Derek Brower

Slowing oil demand growth, a changing economy and stricter environmental standards are ushering in a new era for refiners

The country hopes to tempt operators back to its upstream industry to encourage exploration

The Indian government’s surprise decision to delay the increase in natural gas prices until after the general elections in mid-May will not only cost upstream players billions of dollars in lost revenues, but it also highlights the political risks faced by investors