Petroleum Economist
Iran vote leaves upstream opening on track
The elections damaged the hardliners and opponents of the nuclear deal. But their influence has not been eliminated and wider regional rivalries remain intact
Yemen’s collapse as an energy producer
Conflict and unrest has hit the country’s oil output by more than 90% in just six years
American spirit
A controversial genius, consummate risk-taker and pioneer of the US shale patch, Aubrey McClendon, died on 2 March
Mexico energy liberalisation pushes on
Despite the downturn, Mexico is pressing ahead with plans to open its energy sector
Oil prices and Naimi chill the Houston air
The great and the good of the industry gathered in Texas for IHS Ceraweek. It wasn’t a happy affair
Indonesia looks to top up its fuel tanks
The Indonesian government wants to open the downstream playing field to attract tens of billions of dollars in private investment this year
Russian oil ministry sees a collapse in output
Russia has repeatedly defied outsiders’ forecasts of imminent oil decline. Now the energy ministry is the one preaching doom
For the majors, Middle East oil loses some lustre
Poor investment terms, political risk and the weak oil price have made the majors less keen on the Middle East
Explorers still chasing wildcats offshore Latin America
Oil prices offer little encouragement, but unexplored areas around the continent are still drawing investment
Hurdles slow US energy deal-making
Market turmoil is making it difficult for buyers and sellers to come together
Patience, investor
Chevron’s bet on big-ticket projects will pay off, eventually
Why hasn’t the price crash brought a wave of corporate deals?
The M&A activity that does occur will predominantly involve assets rather than full takeovers – a continuation of the clear trend seen last year, when asset transactions made up 80% of upstream deals
Brexit schmexit
A UK vote to leave the EU wouldn’t much affect the North Sea. It has bigger fish to fry
A Gazprom 50% dividend payout changes the game
Needing money, the Kremlin wants state-controlled firms to raise dividends again. It’s a risky move for investors
Technological advances in the offing
The first of four surveys conducted by Petroleum Economist in partnership with Petronas found a strong future – soon - for offshore technology
Democratic deficits
Ukraine’s prime minister survives for now, but the battles for power – and control of the energy sector – continue
Rise of the slashers
Latin America’s oil majors are turning to bankers to cut fat and mend desperate finances
Crude sneezes, the economy catches cold
The benefits of diversification have long been preached by financiers and economists. Those countries too reliant on one industry naturally feel the pain of a limited portfolio. Canada is learning a stern lesson in overdependence
Libya’s enduring calamity
A new unity government seems destined to deliver neither unity nor government
Asian advantage drives offshore technology
According to the second of four surveys conducted by Petroleum Economist in partnership with Petronas, Asia is leading the way in upstream oil and gas
Data drives upstream potential
In the third of four surveys conducted by Petroleum Economist in partnership with Petronas, we discover the importance of Big Data, and how emissions concerns could soon be a thing of the past
Game-changing FLNG to set energy markets alight
In the final survey conducted by Petroleum Economist in partnership with Petronas at OTC Asia, we learnt that FLNG is going to reshape a growing industry as opportunities abound
Doha delusions
Unless the freeze becomes cuts its significance is minimal and efforts to keep talking up the market could backfire
Pain in the Permian
West Texas is the beating heart of US oil. Can it survive the price bust?
Riding the rails
Idle cars are giving some traders a place to store their oil
Tanks, gluts and contangos
A rush on storage capacity to deal with oil’s excess is buoying storage rates, from Rotterdam to Cushing and beyond