Jul 2014

The worldwide chemicals business is strengthening but Europe is lagging

The chemicals business cycle edged upwards in 2013 and there are hopes for more progress this year

The British Geological Survey concluded that the region could hold around 80.3 trillion cubic feet of shale gas

The World Petroleum Congress heard that lack of investment could risk the Russian oil industry's status as a large fossil fuel supplier

Three years on, the euphoria surrounding South Sudan’s independence has ebbed away as the country slides deeper into civil war

The biggest difficulty facing upstream companies is not finding reserves – it is bringing fields on stream on time and on budget, argue Antoine Rostand, Tamás Seregi and Arnold Volkenborn, from Schlumberger Business Consulting (SBC)

The Islamist-led Sunni surge leaves Iraq on the brink of collapse. Derek Brower assesses what it means for the country’s oil industry

The country is vital to the global crude supply, but the market has not panicked

The Liberal-National coalition’s rise has set back the country’s green push. But distributed generation still offers plenty of potential

But Australia will benefit from proximity to Asia’s new facilities

The country’s short-term perspective and regressive approach to climate policy is drawing flak

The country’s major energy firms are looking further afield for growth

The disagreement is over valuable oil and gas buried under the Timor Sea

High costs and mature areas have not deterred investors from Australia's upstream

The potential of Australia’s coal-bed methane reserves will soon be realised and it could be home to one of the most prospective shale plays outside North America

The state is taking advantage of its vast coal resources to carve out a new niche

Surging development costs have put the next wave of projects on ice, but gas players are finally teaming up to help trim costs

Offshore liquefaction facilities can make Australia’s LNG sector competitive

Australia, primed to be the world’s largest LNG producer, will need to overcome soaring development costs and tempt new buyers in India and Southeast Asia to keep momentum going

Despite high development costs the country will soon be the world’s biggest LNG exporter – and offers plenty more in the upstream too

The environment minister cited the protection of drinking water and health as a high priority

After two years the company has closed office in Vilnius

Recent tensions between Russia and Ukraine have prompted a number of European countries to pledge to cut their reliance on Russian gas supplies by developing domestic resources

UK gas dependency will soar without shale investment, says a new report

Imports will have to supply over 90% of the UK’s gas by 2035 if the country fails to invest in domestic reserves, such as shale, says a new report

The IEA says demand growth will rise by 1.4 million barrels per day

The government has launched a 12 week consultation period on oil and gas tax rates

The newly elected government is attempting to boost state finances

The UK's cities are the key to decarbonising the country's energy mix and transitioning to locally-produced power, a new study says

Facing an increasingly costly import dependence its time the country re-thinks its strategy

Dozens of new coal-to-gas projects have been proposed across the country, but the government wants to prevent inefficiencies and overcapacity

Joko Widodo's improbable ascent from slum child to leader of Southeast Asia's leading oil and gas producer will be positive, at least in the short-term, for Indonesia's energy sector

Duvernay oil production is expected to average 1 million barrels of oil equivalent a day

An agreement to resume exports has reassured oil markets. But several hurdles remain, Chris Stephen reports from Tripoli

The potential of Australia’s coal-bed methane reserves will soon be realised and it could be home to one of the most prospective shale plays outside North America

Now that the land grab in Alberta Canada’s Duvernay shale is largely over and companies have started developing their positions, the future of the play is coming into sharper focus, and for many that future looks promising.

The EIA estimates that the country holds 437 trillion cubic feet of shale gas resources

The downstream specialist is eyeing growth in Europe by buying heating oil and diesel businesses