Petroleum Economist
MOL sees INA slip from its grasp as production falls
The Hungarian oil and gas firm is struggling with corruption allegations
Egypt gives IOCs hope despite major challenges
Despite the major operational challenges they face, international oil and gas companies (IOCs) with interests in Egypt have some cause for comfort
Condor Energy to work with Beach and Chevron
The Australian fracture simulation company will work on the unconventional venture in Queensland
Traders place bets on Singapore LNG hub
Traders are starting to take advantage of Singapore’s newly built liquefied natural gas (LNG) terminal as they bet spot prices will rally from their lowest in three years
Ex-BG Group chief joins PNG focused explorer InterOil
InterOil is developing one of the largest natural gas fields in Asia
High hopes for Gabon’s pre-salt after new discovery
A discovery for Eni, a commercial field for Harvest and new licence awards raise the outlook for Gabon’s pre-salt play
Nigeria’s Bonga Northwest starts flowing for Shell
Bonga Northwest will flow a peak of 40,000 barrels of oil-equivalent a day
Middle East refiners could increase by a third
Exports from the new super-refineries of the Middle East – now the world’s fastest-growing refining region – will speed the pace of closures in Europe
US Utica shale gas output growing fast
The Utica shale in east Ohio is becoming one of the fastest-growing natural gas production plays in the US
China pushes natural gas price reforms
The country has announced a price rise as part of wider reforms to bring the sector in line with the international market
Shale gas development a priority for UK government
Promising reserves combined with increased tightening on carbon emissions mean the move to shale gas seems logical
Global production stable as Opec output hits five-month high
Higher Opec output is offsetting losses from outside
Mexico’s energy reforms to open oil industry race ahead
President Enrique Peña Nieto signed the reform legislation on 11 August and has since outlined an ambitious path for the industry
Tricky politics for UK shale
The UK government is making shale gas development a national energy priority
Cobalt targeting go-ahead despite alleged links with officials
Cobalt International is going ahead with Cameia development
Phoenix South find tipped as Australia’s biggest in 30 years
There are high hopes for the well which is offshore Western Australia
Crude prices fall to 13-month lows despite Iraq turmoil
The International Energy Agency said oil prices were "eerily calm"
Iraqi Prime Minister steps down as state is fracturing
Vast swathes of Iraqi territory are under Islamist insurgent control, the chasm between the Kurds and Baghdad has widened again, and the country's divisive prime minister has stepped down. Kirk Sowell explains how Iraq has reached the brink
Geopolitics on the back burner despite Middle Eastern troubles
Rosier-than-expected fundamentals are easing oil prices – for now
Firms need effective cost management amid pressured margins
As upstream margins grow tighter, energy firms are taking a much closer look at their spending. Rather than fighting a rearguard action against spiralling costs, taking on a new suite of cost management tools may very well be the right approach, say Jerome Sevin and Pierre-Antoine Fliche from Schlumberger Business Consulting (SBC)
Russia and Iran sign 5 year deal for oil cooperation
The proposed crude deal between Russia and Iran will complicate their relations with the West, argues Anthony Woolich, a partner at law firm Holman Fenwick Willan
International services firms optimistic for global shale boom
From China to Europe and Argentina, international services firms will be at the centre of new unconventional output
Saudi Arabia: the Middle East's first major shale gas producer?
The kingdom is pushing forward with unconventional gas should emerge as the Middle East's first major shale gas producer. But not quickly
North and South Africa hold shale gas potential
The continent has lots of shale gas, but development will happen more quickly in the south than the north
Mexico opens up shale patch for first time in 76 years
Reforms to the investment regime should lure developers. Obstacles remain, from land rights to water and the north’s drug cartels
YPF leading the development of Vaca Muerta shale
Argentina’s YPF is leading the development of one of the world’s biggest shale plays. The majors are building their positions, too
European unconventional gas prospects hurt
Poor data, bans on fracking and regulatory confusion are hurting prospects for European unconventional gas
UK predicted to emerge as Europe's shale gas leader
Promising reserves numbers and juicy terms have lured developers. But prospectors must overcome a number of hurdles before exploration begins in earnest
Lack of Asian shale gas drilling outside China
There is huge potential for investors, but it remains hard to say if and where the shale plays will work
Canada struggling with shale-to-LNG plans
Exports to Asia will be key to monetising stranded Canadian shale gas, but plans are moving slowly
Investment and production is rising for US shale gas
Investment is still pouring into the unconventional gas sector and production continues to rise
US will remain bedrock of global shale supply for decades
Despite patchy opposition to hydraulic fracturing, US output will remain the bedrock of global unconventional supply for decades
Demand favours low cost transportation from Marcellus
Low natural gas prices mean the most viable plays remain those close to market
Shale gas firms invest in reserves around the world
North America is still the world’s only significant producer. But explorers are stepping up activity elsewhere and a global business is emerging
Growing pains for China’s onshore LNG producers
With lower than expected demand, overcapacity and squeezed margins, the producers are having to scale back ambitions
Reforms to open China's Sinopec to private investment
The move is part of state-owned enterprise reforms that hope to make the companies involved more competitive and market oriented
Norway reserves stash hits 10 billion boe
The resources are spread across 206 discoveries over the region
In position for global shale boom
From China to Europe and Argentina, international services firms will be at the centre of new unconventional output
Middle East: Saudis lead the charge
The kingdom should emerge as the region's first major shale gas producer. But not quickly
Chevron's gas to liquid starts flowing in Nigeria
The major is nine years behind schedule at the Escravos plant, Nigeria
Go-ahead hopes for Namibia's Kudu gasfield
Exactly 40 years after it was discovered, the Kudu gasfield is moving towards a development decision