Jan 2015

The country is becoming more significant in the global oil markets - its future in energy is important for the industry

Energy producers should take climate change policy more seriously for their long term strategy

Negotiations are on track after the climate change summit in Peru

Despite slowing down M&A activity last year, Chinese oil companies may see new opportunities arising

The fall in crude oil prices could bring a business boom for the world’s independent storage operators, and for traders leasing tankers for floating storage

The deal is for the losses to the fishermen and community after two pipeline spills seven years ago

Shale oil producers across the US are slashing spending and dropping rigs as the business faces its first major test from a steep decline in the oil price

Shale oil producers across the US are slashing spending and dropping rigs as the business faces its first major test from a steep decline in the oil price

Chief operating officer at BG Group has said the cuts will need to be made to tempt buyers back

Governor Andrew Cuomo has banned the activity in the state, but it's likely the consequences will be minimal

The decision of New York state governor Andrew Cuomo's administration in December to ban hydraulic fracturing (fracking) in the state is unlikely to have a major impact on the state's upstream sector, but it is another weapon for anti-fracturing campaigners in the US and the rest of the world

Oil sands producers have announced plans to decrease capital expenditure, but many expect increased production levels this year

A business review concluded margins would remain small due to the global oversupply of oil

The Argentinian restrictions on oil prices have shielded the country from lowering global prices, though it won't last forever

The attack at Es-Sider has plunged the country's oil industry into its ever-deepening civil war

Upstream developments are often troubled by cost inflation and over-runs. SBC’s Eric Janvier* argues that as discoveries become more marginal and oil prices continue to fall, oil and gas companies must take a closer look at project management – and change the way they select and execute project

Morse has made a habit of calling turns in the market. Derek Brower sat down with him in New York City

Anadarko predicts one of the poorest countries in the world will become the world's third largest LNG exporter

The liquefied natural gas (LNG) industry celebrated its 50th birthday in 2014. While the sector has matured, it is still not short of surprises. So, what are the next few years likely to hold?

The oil revenue squeeze is presenting the government with its greatest challenge since the civil war

Angola will see only small increases in oil production capacity for the next few years – or perhaps none, if the decline in output from the older deep-water fields cannot be checked

Hugh Ebbutt, Richard Forrest, Vance Scott and Alvin See, of consultancy AT Kearney, weigh up where the action will be as the price plunge shakes up the sector

When Gulf Keystone Petroleum announced it had postponed the release of its interim statement because of “constructive discussions”, investors were hopeful

Despite falling oil prices BP is retaining a positive outlook of the North Sea field

The North Sea's future is in the balance after falling oil prices and rising costs have threatened funding

Advisor Wal van Lierop says the industry needs to get serious about investing in the future by transforming its outlook

Lower oil prices are putting South America's oil industry under pressure, meaning long term production will suffer

Oil prices could take some time to bounce back - and the rout is not over yet

Oil markets had little to celebrate over the New Year as the crude price meltdown continued. Brent was trading at $48.46 per barrel (/b) and WTI at $46.39/b as Petroleum Economist goes to press.

Crude production continues to rise and demand remains tepid in spite of the falling oil price, according to figures from the IEA.

The markets are desperate for some good news. The oil price has fallen further and faster than nearly anyone thought possible a couple months ago

Saudi Arabia has a new king, but Naimi and his policy stays - for now. With him at the helm, the kingdom's oil-market strategy of allowing prices to sink to curb supply from rival producers will also stay intact.

King Salman has already made some changes to Saudi Arabia's leadership, but there will be few shifts in policy

After years of rapid growth, China's oil majors are feeling the pain from low oil prices as they are being forced to slash spending and delay unprofitable new projects at home.

Regulations have stalled the industry, but companies are trying to prove hydraulic fracturing's worth

The Obama administration has given a little to the oil industry and taken a little away

A preliminary deal was signed which will open new possibilities for the companies

The $7bn development will be crucial for Ghana when it starts to flow in 2018

Argentina’s YPF signed a preliminary deal with Chinese national oil company Sinopec in Beijing this week that paves the way for the companies to work together in the Vaca Muerta shale and other projects in Argentina

Explorers in the UK’s nascent shale-gas sector face the prospect of tighter country-wide regulation, as well as a moratorium on hydraulic fracturing in Scotland, moves which will, at the very least, further delay the industry’s long-awaited take-off