Oct 2014

Solar energy could become the largest source of electricity generation by 2050 but only if world leaders set firm, long-term targets, the International Energy Agency (IEA) said

The Corrib field is due on stream in mid-2015 and will cover nearly three-quarters of the Irish republic’s gas consumption -but Corrib’s troubled development history has done nothing to encourage other explorers

With oil companies focused on cost cutting, projects have been feeling the pinch

The Malaysian national oil company wants favourable regulatory and fiscal deal by October

Japan's first exchange for liquefied natural gas (LNG) has opened for business as it seeks to break a rigid price-setting system that has driven up its energy import bill in the wake of the Fukushima nuclear disaster

OGUK warned that the falling oil price will render the projects uneconomic and lead to accelerated shut downs

Kuwait Petroleum International wants to cancel planned investment in the Netherlands

Western sanctions have tipped the balance of Russia's energy relations with China in Beijing's favour, an advantage that the Chinese side is pressing to win trade deals on its terms and gain direct access to some of Russia's largest oil and gasfields.

Oil reservoir discovery off Senegal could house significant potential for the area

Yet the public remains sceptical of the hydraulic fracturing project

The underexplored waters of Morocco are attracting scores of oil companies, lured by a benign fiscal regime, political stability that some Arab countries can only dream of and the hope of commercial oil discoveries similar to those made elsewhere in the Atlantic basin

Demand for liquefied natural gas (LNG) in the transport sector will soar over the next 20 years, taking a 30% share of total demand for the fuel by 2035, a new report forecasts

The licence is in Scotland's Midland Valley, but the company has yet to start drilling

Thanks to its domestic focus, Surgutneftegas, Russia's fourth-largest oil company, is well positioned to weather Western sanctions. But other problems may lie ahead for this most secretive of companies

The state oil company has seen more projects develop to increase the country's oil output

Foreign investors are eager to enter the country's newly liberalised energy sector - but they should be wary of red tape, holes in the supply chain for unconventional extraction and short-term shortages in skilled staff

Figures by the International Energy Agency revealed that total global output for crude was 2.8m b/d higher in September than last year

Authorities ordered the Petrotel oil refinery to stop production to investigate money laundering

There have been five failed attempts at negotiations over the past 13 months between the Hungarian firm and Croatian authorities

The country is considering the move amid falling domestic output

Paul Barrett reveals a tale of oil, pollution, intrigue and corruption in Ecuador in his new book. Review by Justin Jacobs

There is great potential still in the country’s gas sector, but Kiev must be bold if it wants to attract the investment – and players – it so desperately needs

Prices have taken the hit as plentiful supply and weak growth take toll

As falling production and rising energy imports start to take their toll on the wider economy, it is clear Indonesia needs to reshape its oil and gas regime to lure much-needed upstream investment. But is the incoming president up to the challenge?

The area needs $3 trillion investment in infrastructure by 2030, says the IEA

Lower oil prices will be tough for the industry, but good for the global growth and demand

The death of Christophe de Margerie in a plane crash not only robs Total of its charismatic chairman and chief executive, it denies the energy industry one of its most passionate advocates. We are far poorer for his loss.

As part of the reforms, the gas price will jump up 47%

Libya's oil output is recovering. But both it and neighbour Algeria are struggling to market their barrels

Oil production in the US is hurting West Africa’s Opec members, even as their own output rises

Opec’s smallest group has limited sway over policy

Venezuela's oil industry, like its economy, is still in a mess. Falling oil prices could not have come at a worse time

The main Gulf Opec players are wary of ceding market share to rival producers, but also wish to keep prices in the comfort zone

The fate of Iran and the sanctions against its oil sector is a wildcard facing Opec as it tries to balance the market. Meetings in the Austrian capital this month should make the picture clearer

Renewed war in northern Iraq leaves Baghdad desperate to expand exports in the south. It may also lead to a deal with the Kurdish Regional Government – but rejoining Opec’s quota system is not on the cards, writes Gerald Butt

But these pressures are not for the first time. Robin Mills puts the latest crisis in context

Opec’s heavyweight is no longer prepared to bear the brunt of the group’s cuts. Losing on price and volume share is to be avoided at all costs, writes Bill Farren-Price

The legacy of Opec’s high oil-price strategy is now plain: rising supply and weakening demand growth. The group must decide whether to rescue its market share or the oil price

The government is keen to lure foreign investors into the country’s unconventional gas sector. Hopeful developers must be clear about the rules, write Fung Lin Leung, senior associate, and Ben Smith, foreign legal consultant, Norton Rose Fulbright Hong Kong

Amendments eliminate the minimum export requirement and a payment period

Dilma Rousseff has previously retained strong government control over the energy sector, making Brazil less attractive for investors

Falling oil prices and rising US shale-oil production are up-ending the established price setting mechanisms for world crudes

Chris Nelder reviews new analysis of US tight oil and shale gas production which suggests the output boost from unconventionals will wane before the end of this decade

China's state-owned oil companies are starting to ramp up their shale drilling efforts as they look to replicate Sinopec’s success at the Fuling gasfield, but high costs and technological problems continue to hamper investment in the sector

They may not realise it yet, but the US’ tight oil producers are in a game of who-blinks-first with Opec

China is using the recent oil price decline to as an opportunity to accelerate filling its strategic petroleum reserve (SPR), providing a boost to the country's sluggish oil demand, analysts say

The European Commission set the target ahead of next year's Paris climate talks

Total lauds the economic strengths of its new Saudi Arabian complex while troubles in Europe mount