Petroleum Economist
Majors join race for Croatia blocks in Adriatic Sea
Croatia received six bids in a tender for licences to explore promising new area's in the country's sector of the Adriatic Sea, the Ministry of Economy said
Asia’s energy demand set to rise by 37% by 2025
The increase in demand will result in Asia’s energy imports increasing by 53%
Non-OECD Asia to drive global oil demand growth to 2040
Opec World Oil Outlook 2014 forecasts total global oil demand will reach 111.1m b/d in 2040
China’s appetite for LNG under threat without price reform
The country's gas supply capacity is rising, but prices are going with it making it more difficult for consumers to afford
Statoil strategy unaffected by leadership change
A new CEO has been named for the company, but cost cuts are unlikely to change
Thailand's at risk of exhausted reserves by 2023
Weak exploration will leave the nation at the mercy of imports
Cluff eyes UK's first deep offshore UCG project
The company has revealed plans for an offshore underground coal gasification project with 335m tonnes of coal in the licence area
LNG prices are falling as the oil price drops
Australian and US producers are feeling the pinch as the balance of power is tilting
US West Coast LNG projects try to win over Asian buyers
Officials were in Tokyo in November to pitch the projects to potential investors
Solar energy push could offset LNG demand in Thailand
The country's reserves are faltering, but a new push has been made towards renewable energy
Middle Eastern oil investments key to global supply security
The International Energy Agency have said global demand will increase to 104m b/d by 2040
Innovation is essential for affordable sustainable energy
A Petronas executive has said the current model of competition is unsustainable
US oil output continues to surge despite four-year low crude prices
The International Energy Agency have released figures expecting US oil output to increase by 1.4m b/d this year
Corruption threatens Petrobras' expansion plans
An unfolding corruption scandal surrounding Brazil's Petrobras has shown up the dark side of Brazil's oil boom and is now threatening to derail the national oil company's ambitious expansion plans
Opec holds output steady amid talk of new price war
The 30 million barrel a day (b/d) ceiling was retained, and prices dropped as a result of the announcement
High interest in offshore but low commitments in UK round
134 licences were awarded, and a further 94 are subject to environmental assessment
Asia will be the tipping point for energy transition to low carbon
Asia’s dynamism gives it every incentive to take a pioneering role in the transition to a low-carbon energy system
Equatorial Guinea floating LNG set for 2019
The floating LNG scheme could aid the development of remote gasfields around the continent
Oil companies are betting on gas as the future
Big oil companies hope to find buyers in Asia, where energy demand is soaring
Ineos sets out to dominate UK shale gas with $1bn investment
The UK-based company aspires to become largest operator in the industry
Bakken powers ahead with production despite low oil price
Opec countries and other producers hoping that a lower oil price is going to lead to a quick fall in production from the Bakken oilfield in North Dakota, the US' most prolific shale producer, are likely to be left disappointed
Saudi Arabia gambles as Opec makes no cuts
The kingdom’s shift in strategy is as risky as it was abrupt