Dec 2015

The UN-backed global climate change talks, which have just started in Paris, are highly unlikely to produce an agreement that includes robust mandatory carbon emissions reductions targets that would heap further short-term financial pressure on oil and gas producers already dealing with global oversupply and low oil and gas prices, writes Ian Lewis

The oil storage facility in the US Virgin Islands, a sought after site in the oil storage trade, could be back up and running soon after agreeing deal with Limetree Bay Holdings

Unless change happens soon, low oil prices will continue to overwhelm tight oil producers, writes Justin Jacobs

Islamic State may have the kingdom’s oil and gas sector in its sights after an attempted attack in Dhahran

Mauricio Macri, mayor of Buenos Aires, swept to a surprise victory over rival Daniel Scioli in Argentina’s presidential election on 22 November, setting the country’s energy future in a new direction

Today's low prices must result in long-term improvements to the way the energy industry does business

Low oil prices are overwhelming tight oil producers, writes Justin Jacobs

Increased Australian productivity and competitiveness should allow the nation to drive output during global downturn

The UK Conservative government is to consult on phasing out coal completely by 2025, but it must find ways to trigger investment in gas-fired plant

Faulty tests and emissions scandals could prove yet another headache for Europe’s refiners

Producers Tall City Exploration and Plymouth Petroleum sell oilfields in Permian basin for around $1.3bn to Chinese firm aiming to make mark in US shale market

LNG may be about to make an impact across the Caribbean, with a number of suppliers looking to set up shop

Change is coming to Caracas after the National Assembly elections, but it will be a messy and difficult process

Supply and demand has ruled the market since mid-2014, but politics are about to take over again

Venezuela calls to cut supply and hike prices, but Saudi Arabia is sticking with its plan

Financial and political troubles are delaying the expansion of KRG oil production

One year after being re-nationalised, Russian oil producer Bashneft is out to prove that state controlled companies aren’t always doomed to be uncompetitive

Minister of mines, industry and energy, Gabriel Obiang Lima, is taking a hard line with investors amid low oil prices and falling output

US supermajor Chevron will slash investment in 2016 as the oil price rout continues, announcing on Wednesday a reduction in spending to $26.6bn next year

Ambitious production expansion plans under threat as a lack of investment in southern Iraqi infrastructure disrupts progress

The Ministry of Commerce green light marks the last regulatory hurdle for the deal and clearing the way for a final shareholder vote in the coming weeks

ExxonMobil and Dow Chemical have announced plans to invest in Argentinian oil following the election of Mauricio Macri

Lifting crude export restrictions will have little effect in today’s low-price environment

Emission controls in European and North American waters mean more shipowners are ordering vessels that run on cleaner LNG, but it may remain a marginal fuel in global shipping without further instruction from the UN’s International Maritime Organisation

The increase in US oil and gas production will be felt in nearly every corner of the global energy market for years to come

It hasn’t felt much like winter in many parts of the US thanks to El Nino, and that has helped push natural gas prices to their lowest level in more than a decade