Nov 2015

Russian and US majors win rights to explore in three blocks in Mozambique licensing round

Russia is well positioned to supply more pipeline gas to China as a weaker currency makes pricing more competitive

ExxonMobil and Chevron both saw a sharp fall in profits in the third quarter, but they are charting markedly different courses

As leaders gathered for Singapore International Energy Week (SIEW), coal was at the forefront of discussions

Ghana could be the first country in sub-Saharan Africa to play host to a floating storage and regasification unit (FSRU)

Vladimir Putin has certainly rattled western politicians with his actions over the last 15 years and kept his popularity high at home in the process

Austria's OMV announced €1.031bn ($1.1bn) of upstream impairment charges in its third quarter results

The company wants to raise A$3.5bn to strengthen balance sheet and keep opportunistic bidders at bay

After seven years, the Keystone XL project has been called off by President Obama, surprising few

The company has officially launched its Quest CCS project in Alberta, designed to store more than 1m mt of carbon dioxide annually

Many of those looking for the breaking point for struggling shale producers have argued that the round of bank lending reviews the sector faces this autumn will herald a financial reckoning

An anonymous buyer secured most of Marathon Oil's GoM fields in a major restructuring by the US company

The Danish business buys 50% of Africa Oil’s stakes in onshore exploration licences

Hungarian company reports clean third-quarter, current cost of supplies profit before tax, interest, depreciation and amortisation of forints 198.7bn

Three organisations published reports as December Brent crude contract was poised to close two-month low in November

Premier has quit Norway, selling assets to Det norske oljeselskap in a cash deal worth $120m

Queensland Gas Company has set up an agreement that will feed the company’s LNG export prospects down under

Pushing the development of regional Asian LNG trade, Singapore is encouraging local price discovery

Venezuela's PdV is ramping up imports of light oil to use as diluent at its Orinoco projects

Brazil's oil sector is in the grip of the worst strike in decades, threatening plans to reform the sector and ease the dreaded local content law - as well as hitting output

Giant Dutch swing gas field output to be halved, creating room for more peak winter deliveries from outside the European Union

Economic recovery has been predicated in part on the growth of gas-fired power generation, but the lack of infrastructure in Iraq means flaring is inevitable

Norway’s state-controlled oil producer has followed Shell out of the high-cost, high-risk Arctic, but downplays the extent of the costs it has incurred there

The UK Conservative government is to consult on phasing out coal completely by 2025 – but only if new gas capacity is advancing fast enough

Libya’s Zueitina terminal has been shut again amid an effort by the east to wrest control of the country’s crude-export revenue

LNG exporters will welcome the return of a major buyer, while domestic producers will be less happy with the change.

The country will present what it hopes is a more investor-friendly contractual regime, but international oil companies are still wary of close engagement with the country

UK producer BG has farmed into a 35% interest in Block 12 offshore Cyprus with US producer Noble for $165m cash

Energy leaders set tone for 2016 in industry-defining publication

In the first in a series of webcasts, Petroleum Economist discusses the state of oil markets in 2016

Opec is likely to sit on its hands this week in Vienna, hoping the market vindicates its policy in 2016