Petroleum Economist
Bulging product stocks pressurise refinery margins
Profits for processing crude into refined products have fallen far from last year’s highs. Europe in particular is feeling the pressure
Libya’s dangerous oil deal
The UN-brokered ports deal with Jadhran cannot, on its own, increase the country’s oil output. But it may worsen the conflict
US gas goes from glut to crunch
After years of bloated stocks and low prices US gas supply is about to get much tighter
The UK’s shale carrot
Will paying people to like fracking change the outlook for UK gas?
Championing UK gas
Chemicals firm Ineos believes the best way to secure its feedstock is to go out and find it. Gary Haywood, chief executive of its shale division, talks to PE
Sanallah: Keep NOC out of the war
Oil is now driving the conflict in Libya, says the state company’s boss, and dragging the firm into it will worsen the situation
NOC pleads for money from Tripoli
Unity government’s refusal to transfer funds pledged to state firm is stalling oil-output recovery, says NOC chief
NOC’s Sanallah: ports deal with ‘criminal’ Jadhran threatens Libyan oil recovery
The UN’s agreement to pay off militia controlling oil terminals will ‘contaminate’ its reputation in the country and sets a dangerous precedent, says NOC chief
US crude by rail shipments tumble as oil-price spread narrows
Prices, pipelines and declining production will push volumes even lower
China’s oil product exports soar in H1 2016
The country’s crude demand may be slowing but sales are ramping up
Is Opec just talking up the market again?
A deal is likelier now than it was before, but hurdles remain
US carbon emissions from gas to surpass coal
Despite gas being a cleaner-burning fuel higher demand has boosted pollutants
Angola tries to ride out the slump
The economy has stalled and oil-output growth targets will not be met. Now the president has put his daughter in charge of the state company
Time for action from Opec
Saudi Arabia’s oil minister says Opec will take “any possible action”
to stabilise the market. The group should cut, now
Iran’s oil output could hit 4.5m b/d if investment flows
Production could rise by 0.9m b/d by 2025 but it needs help from international oil companies (IOCs)
Help is at hand
India has revamped some upstream terms, much to the industry’s relief
Cairn India: Private oil dynamo
Cairn India is deploying technology and human capital across the upstream, strengthening its place as the country’s leading private oil and gas firm
The making of an LNG bonanza
Costly imports, weak domestic prices and poor infrastructure have stymied India’s gas market. But things are changing, fast
Colombia's collateral damage
Efforts to end Colombia’s decades-old war were supposed to bring security to the country’s oil sector, but are doing the opposite
An enormous opportunity
Coal and oil will be the mainstays of Indian energy demand for decades, but gas and renewables can play a bigger role than many expect
Overcooking US gasoline demand
Has the country been burning more gasoline than ever before? The data paint a confusing picture
Coming down
In the third of our six-part series, our trader navigates a plan with deal-altering drugs
Making Ukraine Europe’s new gas supplier
Kiev must lower upstream taxes, cut red tape and scrap barriers that deter small investors. Self-sufficiency and even exports would follow
Why waste a crisis?
Under the pressure of scandal and renewed conflict, Mozambique’s government is keener than ever to speed up its gas-export project
Hydropower resurgence boosts renewables in US power mix
After years of drought hydropower production rebounded in H1 2016